Qatar news

20 July 2025 06:19 PM Al Baraka Bank-Egypt unveils $100m deals with ICIEC

Cairo – Mubasher: Al Baraka Bank-Egypt has signed two key agreements totaling $100 million with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IsDB) Group. With each …

Global Economy

20 July 2025 00:21 PM Prices of investment funds including certificates in EGP, USD – Update

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

Elsewedy Machinery and Johnson Controls–Hitachi

17 July 2025 06:22 PM Elsewedy, regional Johnson Controls–Hitachi win contract for Egypt’s high-speed rail megaproject

Cairo – Mubasher: Johnson Controls–Hitachi Air Conditioning Middle East and Africa (Johnson Controls–Hitachi Air Conditioning MEA) along with Elsewedy Machinery, the trading arm of Elsewedy Electric Group, won a major HVAC contract for the …

Global Economy

17 July 2025 05:38 PM UK-headquartered Addleshaw Goddard advises on $190m investment in Egypt’s Alameda

Cairo – Mubasher: International law firm Addleshaw Goddard, which is headquartered in London, has advised Egyptian private group Alameda Healthcare on its $190 million minority investment agreement with London-based private equity firm Development …

Companies Investments

17 July 2025 05:05 PM Emirates returns to Syrian capital as part of Middle East destinations

UAE – Mubasher: Emirates has touched down in Damascus, the capital of Syria, carrying onboard 286 passengers on 16 July to include the city again on its expansive network of Middle East destinations, according to a press release. The UAE airline …

Companies Investments

17 July 2025 03:57 PM Binghatti expands globally, launches 1st international sales boutique

UAE – Mubasher: Binghatti has officially launched its first International Sales Boutique in London on 16 July 2025 to serve as a centralized hub for global investors, according to a press release. The new facility, which is located in the UK’s …

Global Economy

17 July 2025 03:23 PM Prices of investment funds including certificates in EGP, USD – Update

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 …

Global Economy

17 July 2025 02:08 PM Alkhabeer Capital unveils partnership with $5bn global asset manager to unlock Saudi fintech private credit

Riyadh – Mubasher: Alkhabeer Capital has signed a strategic partnership agreement with Fasanara Capital, a $5 billion global asset manager specializing in technology-enabled credit solutions, according to a press release. The signing of the …

Global Economy

16 July 2025 05:18 PM Deliverect accelerates investment to drive MENA growth, hits 1bn global orders

Mubasher: Food tech SaaS company Deliverect is witnessing growth since entering the MENA market in 2020 with the company recording more than a 200% increase in processed orders annually, according to a press release. The firm has processed 1 …

Companies Investments

16 July 2025 03:30 PM Jazeera Airways resumes direct flights to Saudi destination

Mubasher: Jazeera Airways has relaunched tree weekly direct flights to Abha in Saudi Arabia, according to an official statement. Abha is Jazeera Airways’ seventh destination in Saudi Arabia. Meanwhile, the resumption of this direct route between …

Global Economy

16 July 2025 02:33 PM Prices of investment funds including certificates in EGP, USD – Update, new funds added

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

15 July 2025 06:02 PM IHC rebrands eFunder as Zelo upon acquisition; platform targets $250bn SME credit gap in MENA

Abu Dhabi – Mubasher: Global investment firm International Holding Company (IHC) has completed the acquisition of eFunder and unveiled its rebranding as Zelo to scale the platform’s impact and growing access to capital for the region’s most …

Companies Investments

15 July 2025 05:11 PM Prices of investment funds including certificates in EGP, USD – Update

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

14 July 2025 04:13 PM Mira Developments launches MENA-focused real estate company via $3m investments

UAE – Mubasher: Mira Developments has invested $3 million into the launch of MENA-focused real estate investment agency Percent&Co, according to a press release. The new joint venture (JV) is developed to attract global investors seeking premium …

Global Economy

Mohamed Shaheen, CEO of Schneider Electric in Saudi Arabia

14 July 2025 03:21 PM Schneider Electric fuels regional expansion through Lauritz Knudsen in Saudi Arabia

Riyadh –Mubasher: Schneider Electric, the global leader in the digital transformation of energy management and automation, has officially launched Lauritz Knudsen in Saudi Arabia. Schneider Electric announced the launch of its flagship brand in …

Global Economy

Waleed Alballaa, Managing Partner of Sukna Ventures

14 July 2025 01:42 PM Sukna launches MENA’s 1st open-ended, Sharia-compliant direct financing fund

Riyadh –Mubasher: Sukna Capital has received official approval from the Saudi Capital Market Authority (CMA) to launch the Sukna Fund for Direct Financing. SFDF is KSA’s first open-ended, Sharia-compliant direct lending fund, marking a regulatory …

Companies Investments

14 July 2025 09:09 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 as of 13 July …

Banking and Finance

13 July 2025 04:33 PM Network International, Magnati to expand business in MEA following merger

Mubasher: Network International and Magnati have received key regulatory approvals to merge into a single entity, owned by a Brookfield-led consortium. The merger process is expected to be completed during the third quarter (Q3) of 2025, according …

Global Economy

13 July 2025 03:33 PM Huawei launches 1st experience store in Egypt

Cairo – Mubasher: Huawei inaugurated its first-ever Huawei Experience Store (HES) in Egypt, expanding the brand’s retail presence in the country. The new store is located on Level 1, Gate 5, Phase 1 of Citystars Mall in Nasr City, according to a …

Global Economy

Habiba Naguib, Chief Market Expansion and Strategy Officer of Valu

13 July 2025 01:54 PM Valu receives regulatory nod to launch BNPL services in Jordan

Cairo – Mubasher: The Central Bank of Jordan has granted its initial approval for U Consumer Finance (Valu) to launch buy now, pay later (BNPL) services in Jordan, according to a recent press release. This step marks a significant leap in Valu’s …

Global Economy

13 July 2025 11:39 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 as of 12 July …

Global Economy

Hazem Ben-Gacem, Founder and Chief Executive of BlueFive Capital

10 July 2025 06:11 PM BlueFive Capital expands in GCC via oversubscribed round, launches $2bn equity fund

UAE – Mubasher: BlueFive Capital, a UAE-based investment platform, has closed its Founding Shareholders Circle round, valuing the company at $120 million, according to a press release. The company aims to bridge institutional platforms with …

Global Economy

10 July 2025 08:06 AM Saudi Jahez fuels regional expansion via 76.5% stake acquisition in Snoonu

Riyadh – Mubasher: Jahez International Company for Information System Technology has signed a share purchase and subscription agreement (SPSA) to acquire a 76.56% stake in Snoonu, Qatar’s fastest-growing technology and on-demand delivery company. …

Companies Investments

10 July 2025 07:24 AM Egypt’s Nawy acquires Dubai-based SmartCrowd to enter into GCC proptech market

Cairo – Mubasher: Egypt-based proptech Nawy has acquired a majority stake in Dubai-based SmartCrowd, the region’s first regulated platform enabling fractional property investments. The transaction follows Nawy’s recent $52 million Series A round …

Global Economy

9 July 2025 01:04 PM Huspy secures $59m funding to scale regional presence

UAE – Mubasher: Huspy, the UAE and Spain-based proptech company, has raised $59 million in a Series B round led by Balderton Capital, according to a press release. The transaction witnessed the participation of Peak XV, ExBorder Partners, Turmeric …

Global Economy

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