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22 June 2025 11:04 AM Prices of investment funds including certificates in EGP, USD

Cairo – Mubasher: Based on 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 the …

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22 June 2025 07:50 AM FAB becomes MENA’s 1st lender to join CIPS as direct participant

Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) has become the first lender in the MENA region to join the cross-border Interbank Payment System (CIPS) as a direct participant (DP), according to a press release. FAB’s direct participation in …

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19 June 2025 04:32 PM Taaleem acquires GCC-focused KFG to expand network

Dubai – Mubasher: Taaleem Holdings has signed a sale and purchase agreement to acquire 95% shareholding in Kids First Group Limited (KFG), an early-learning premium education provider in the GCC. The acquisition is expected to boost Taaleem’s …

Mergers and Acquisitions

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19 June 2025 03:26 PM PIF launches ERC to support Expo 2030 Riyadh

Riyadh – Mubasher: Saudi Public Investment Fund (PIF) has launched Expo 2030 Riyadh Company (ERC) to build and operate the facilities of Saudi Arabia’s first World Expo, according to a press release. Spanning 6 million square meters, Expo 2030 …

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19 June 2025 09:53 AM Prices of investment funds including certificates in EGP, USD

Cairo – Mubasher: Based on 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 the …

Management Decisions

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19 June 2025 06:53 AM Dubai International Chamber inaugurates 1st representative office in North America

UAE – Mubasher: Dubai International Chamber has officially launched a new representative office in Toronto, exploring avenues to foster bilateral trade and investments between Dubai and Canada. Being the first representative office in North …

Mohy Aboualam, Co-Founder and CEO of TheDar.AI

18 June 2025 09:06 PM Darwinz AI drives regional growth via seed funding round

Riyadh - Mubasher: Darwinz AI (TheDar.AI), a Saudi-Egyptian company behind the AI Copilot platform dima, has raised $325,000 in a seed funding round, led by Flat6Labs KSA and Glint Ventures. Founded in Egypt in 2021 by Emad Elazhary and Mohy …

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18 June 2025 05:13 PM UAE’s Prop-AI raises $1.5m in pre-seed funding to expand in MENA

UAE – Mubahser: Dubai-headquartered proptech Prop-AI has closed a $1.50 million pre-seed funding round, led by Plus VC, Joa Capital, Select Ventures, Oraseya Capital, Plug & Play, and angel investors from Saudi Arabia and Bahrain. Prop-AI will use …

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18 June 2025 01:07 PM Octa fuels regional expansion plans via $20m credit facility from SFDF

UAE – Mubahser: Octa has raised $20 million in a credit facility from Sukna Fund for Direct Financing (SFDF) to embed short-term working capital financing directly into its platform, according to a press release. The UAE-based fintech platform …

Companies Investments

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18 June 2025 11:41 AM Prices of investment funds including certificates in EGP, USD

Cairo – Mubasher: Based on 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 the …

Companies Investments

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18 June 2025 09:35 AM DMCC, Aqua-index sign MoU for 1st water-backed digital token

UAE – Mubahser: Dubai Multi Commodities Centre (DMCC) and AQUA-INDEX penned a memorandum of understanding (MoU) to support the first water-backed digital asset token, the first of its kind globally. The collaboration will position DMCC and Dubai …

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17 June 2025 02:44 PM Octane raises $5.2m to transform MENA’s fleet payments

Cairo – Mubasher: Egypt’s leading digital platform for fleet and on-road expense management Octane has closed a $5.20 million funding round led by Shorooq, Algebra Ventures, and Elsewedy Capital Holding. Octane will use the new capital to expand …

Companies Investments

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17 June 2025 01:35 PM DisrupTech backs Nigeria-based agri-fintech Winich’s funding round for MENA expansion

Cairo – Mubasher: Egypt-based early-stage fintech fund DisrupTech Ventures announced its first pan-African investment, backing Nigerian agri-fintech startup Winich Farms. The investment forms part of Lagos-based Winich’s Pre-Series A round, …

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17 June 2025 11:52 AM Prices of investment funds including certificates in EGP, USD

Cairo – Mubasher: Based on 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 the …

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17 June 2025 09:15 AM Bitcoin.com launches 1st MENA office in Dubai

UAE – Mubahser: Cryptocurrency services firm Bitcoin.com launched its services in Dubai Multi Commodities Centre (DMCC), according to a press release. Being its first headquarters (HQ) in the MENA region, the company’s move anchors DMCC’s leading …

Mohamed Hesham, CEO of ePointZero

17 June 2025 08:44 AM ePointZero names new CEO to boost global clean energy transition

Abu Dhabi – Mubasher: ePointZero, the global renewable energy platform of 2PointZero, has appointed Mohamed Hesham as its new CEO to accelerate the clean energy transition worldwide. The appointment comes at a time when global electricity demand …

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17 June 2025 08:30 AM UK-based NayaOne enters Saudi fintech market

Riyadh – Mubasher: NayaOne, a UK-based vendor delivery infrastructure (VDI) platform, has marked its entry into Saudi Arabia with support from AstroLabs, according to a press release. NayaOne launched the Kingdom’s first fully Saudi-hosted …

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16 June 2025 01:43 PM ProMedEx inks joint deal with Zhende Medical to expand in GCC

Riyadh - Mubasher: Professional Medical Expertise Company (ProMedEx) signed a non-binding memorandum of understanding (MoU) with Zhende Medical Company Limited and MedSurg FZ-LLC to establish a joint factory in Saudi Arabia. The joint venture (JV) …

Companies Investments

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15 June 2025 02:03 PM AfDB supports Africa’s largest solar energy project via $184m funding

Cairo – Mubasher: The African Development Bank Group (AfDB) has approved a financing package of up to $184.10 million for Africa’s largest solar energy and battery storage project, according to a press release. The funding will be used to support …

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15 June 2025 11:17 AM AD Ports, Bahrain’s ASRY join forces to support maritime sector in GCC

Abu Dhabi – Mubasher: Abu Dhabi Ports Company (AD Ports) inked three heads of terms (HoTs) with Bahrain-based Arab Shipbuilding and Repair Yard Company (ASRY)for strategic maritime and ports projects. The two parties seek to set up a joint venture …

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15 June 2025 08:47 AM Prices of investment funds including certificates in EGP, USD

Cairo – Mubasher: Based on 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 the …

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15 June 2025 07:42 AM G42 expands global footprint via G42 Europe & UK subsidiary in London

UAE – Mubahser: Emirati AI and advanced technology group G42 has a subsidiary in London, G42 Europe & UK, to focus on delivering tailored AI solutions to Europe and the UK's private sector, according to Emirates News Agency (WAM). Co-chaired by …

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15 June 2025 07:05 AM Kumulus Water expands off-grid water tech in Europe, MENA via $3.5m funding

Mubasher: Paris-based climate-tech startup Kumulus Water has raised $3.50 million in a seed round to scale its off-grid water production technology in Europe and the MENA region. The funding transaction was led by Bpifrance via France 2030 SGPI …

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15 June 2025 06:47 AM IHC launches ADGM-based RIQ to redefine global reinsurance landscape

Abu Dhabi – Mubasher: International Holding Company (IHC) has launched Reinsurance Intelligence Quotient (RIQ), the newly named global reinsurance platform based in Abu Dhabi Global Market (ADGM). The new brand supports the objectives of IHC, …

Banking and Finance

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12 June 2025 09:06 PM Saudia launches direct flights between Riyadh, Vienna to boost global connectivity

Riyadh – Mubasher: Saudia has inaugurated its first direct and scheduled flights from Riyadh to Vienna, the capital of Austria, according to a press release. Launched in collaboration with the Air Connectivity Program (ACP), the strategic route …