Top News

14 April 2025 05:32 PM Quiqup fuels regional expansion plans via launch in Saudi Arabia

Mubasher: UAE-based e-commerce logistics provider Quiqup has launched its core fulfillment and delivery services across Saudi Arabia in line with its regional expansion, according to a press release. The company’s expansion plans contribute …

Companies Investments

14 April 2025 05:26 PM Oil prices likely to decline through 2026 – Goldman Sachs

Global Markets brief

14 April 2025 11:26 AM Prices of investment funds including certificates in EGP, USD

Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except the …

Global Economy

13 April 2025 00:47 PM Mubadala Energy supports global expansion plans via stake acquisition deal with Kimmeridge

UAE – Mubasher: Mubadala Energy has signed a deal with Kimmeridge, the energy-focused alternative asset manager, to acquire a 24.10% interest in Kimmeridge's SoTex HoldCo LLC (SoTex). The transaction, which will be implemented via the issuance of …

Companies Investments

13 April 2025 00:33 PM Al Ansari Financial Services becomes largest NBFI in GCC via acquisition deal

Dubai – Mubasher: Al Ansari Financial Services concluded its acquisition of BFC Group Holdings after receiving all the required regulatory approvals, according to a press release. The transaction reinforced the DFM-listed company’s position as the …

Mergers and Acquisitions

13 April 2025 10:33 AM Prices of investment funds including certificates in EGP, USD

Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except for …

Mutual Funds

13 April 2025 09:14 AM Multiply Group, SMC join forces to accelerate media growth in MENA

Abu Dhabi – Mubasher: Multiply Group has inked a memorandum of understanding (MoU) with Saudi Media Company (SMC) to develop an advanced advertising technology (AdTech) platform. The partnership aims to drive innovation in AI-powered advertising …

Global Economy

11 April 2025 00:53 AM UAE Cabinet issues decision on non-residence’s nexus linked to corporate tax law

UAE – Mubasher: The UAE Ministry of Finance has announced a new decision that specifies the cases in which a non-resident juridical investor in a Qualifying Investment Fund (QIF) or Real Estate Investment Trust (REIT) is considered to have a nexus …

Taxes

10 April 2025 09:10 PM Al Wahedi assumes 7X Group CEO position for more growth

UAE – Mubasher: 7X, an investment and holding group in the trade, transport, and logistics sectors, has appointed Tariq Ahmed Al Wahedi as its new Group CEO, following board approval. The appointment comes as part of the group’s evolution as well …

Corporate Actions

10 April 2025 07:32 PM Goldman Sachs lowers growth forecasts for China on tariff effect

Global Markets brief

10 April 2025 05:57 PM India hopes quick trade deal with US after tariffs halt

Global Reports

10 April 2025 03:45 PM Prices of investment funds including certificates in EGP, USD – Updated

Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except for …

Banking and Finance

10 April 2025 07:08 AM Bimser fuels MENA’s expansion via Dubai office

Mubasher: Turkish enterprise software company Bimser has officially opened its new regional office in Dubai, deepening its presence across the MENA region, according to a press release. The Dubai office will serve as a marketing and sales hub for …

Global Economy

9 April 2025 07:58 PM Large technology stocks lead gains amid US-China tariff conflict

Global Indices

8 April 2025 09:53 PM Tariffs might stir inflation fears in US, offer industry gains

Global Reports

8 April 2025 08:08 PM Top MENA PMIs for March 2025 – Recap

Mubasher: The Purchasing Managers’ Index (PMI) data for the UAE and Saudi Arabia indicated the above the neutral 50 level in March 2025, while Egypt reflected a decline compared to February data, according to a report by Emirates NBD Research. The …

Macroeconomics

8 April 2025 07:14 PM Trump tariffs affect home insurance premiums through rising costs –GlobalData

Global Reports

8 April 2025 04:02 PM MENA-focused SRMG launches venture SRMG Media Solutions

Riyadh – Mubasher: Saudi Research and Media Group (SRMG) has launched SRMG Media Solutions (SMS), a next-generation, data-driven media solutions company. The newly launched venture is designed to deliver innovative and results-focused advertising …

Global Economy

8 April 2025 09:37 AM Prices of investment funds including certificates in EGP, USD

Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except for …

Mutual Funds

7 April 2025 08:40 PM Tariffs should have modest impact on MENAT region – Report

Global Reports

7 April 2025 06:22 PM Stournaras says Trump’s tariffs could adversely impact Eurozone growth

Currencies

7 April 2025 03:45 PM Prices of investment funds including certificates in EGP, USD

Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except for …

Trading Activities

6 April 2025 04:52 PM ADES Holding enters Brazilian market via SAR 319m agreement

Riyadh – Mubasher: ADES Holding Company has entered a charter agreement for its premium jackup rig, Admarine 511, with Constellation Oil Services Holding to execute a contract for Petrobras in Brazil. This agreement marks the Saudi group’s entry …

Global Economy

6 April 2025 10:22 AM Al Arabia, Multiply Group to derive global expansion in advertising sector

Mubasher: Arabian Contracting Services Company (Al Arabia) and Multiply Group's media vertical teamed up to create a joint venture (JV) to invest in the global out-of-home (OOH) advertising sector. The 90-day memorandum of understanding (MoU) will …

Global Economy