Levant news

26 October 2025 02:40 PM PIF anchors Albilad MSCI ETF’s listing on Tadawul

Riyadh - Mubasher: Albilad Investment Company (Albilad Capital) has announced the listing of Albilad MSCI Saudi Equity ETF, the first broad market ETF in Saudi Arabia. The Saudi Public Investment Fund (PIF) anchored the transaction as an investor. …

Global Economy

26 October 2025 01:33 PM Mubasher.info partakes in Biban Forum 2025 as Media Partner

Riyadh – Mubasher: Mubasher.info is set to join Biban Forum 2025 in Riyadh as a media partner. The Kingdom’s flagship event for startups, small and medium enterprises (SMEs), and innovators will take place during 5-8 November at the Riyadh Front …

Global Economy

26 October 2025 00:18 PM Prices of investment funds including certificates in EGP, USD

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

Trading Activities

23 October 2025 11:33 AM TabSense closes $5m funding round to expand regional sales

Riyadh - Mubasher: Saudi AI startup TabSense has raised $5 million in a funding round to launch the first AI Agentic Point of Sale (PoS) system for multi-branch and franchise restaurants and cafés. Led by Jasoor Ventures, the funds will boost …

Companies Investments

23 October 2025 10:39 AM Deep-tech startup 1001 AI secures $9m for Gulf’s 1st AI-native industrial platform

UAE- Mubasher: Deep-tech startup 1001 AI has raised $9 million in a seed round led by CIV, General Catalyst, and Lux Capital, according to a press release. Additional participants include Chris Ré, Amjad Masad (Replit), Amira Sajwani (DAMAC), …

Companies Investments

23 October 2025 10:31 AM MNEA-focused Cercli to build AI-native workforce platform via $12m funding round

UAE - Mubasher: UAE-based workforce management platform Cercli has secured $12 million in a series A funding round led by Picus Capital, according to a press release. The fundraising transaction also saw participation from Knollwood Investment …

Global Economy

22 October 2025 11:07 AM Prices of investment funds including certificates in EGP, USD

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

Mutual Funds

21 October 2025 04:23 PM MoneyHash, Tabby to expand BNPL access for merchants across MEA

Mubasher: MoneyHash joined forces with Tabby, the Saudi Arabia–headquartered financial services app, to reinforce digital transformation and financial inclusion initiatives across the MEA region. The partnerships will offer merchants seamless …

Global Economy

21 October 2025 00:49 PM Lulu Retail expands Saudi presence with new hypermarket in Riyadh

Mubasher: Lulu Retail Holdings has opened a new 63,995-square-foot hypermarket in Tuwaiq, Riyadh, as part of its 2025 expansion strategy. The new branch offers fresh produce, groceries, electronics, fashion, home essentials, and ready-to-eat …

Global Economy

21 October 2025 00:30 PM UAE-based Qashio acquires Sanad Cash to achieve global ambitions

Mubasher: UAE’s leading corporate spend management platform Qashio acquired Sanad Cash, one of Saudi Arabia’s first and most established expense management solutions. This move aligns with the company’s plans to expand its growth into the Kingdom …

Banking and Finance

21 October 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 their relevant prices as of the latest closing. Below, you can find the names of the Investment Funds, as well as the prices of each certificate in EGP and …

Trading Activities

20 October 2025 02:28 PM CBUAE greenlights Tamara’s license to exapnd in fintech sector

Riyadh - Mubasher: Tamara, Saudi Arabia’s first homegrown fintech unicorn, has officially received a restricted finance license from the Central Bank of the UAE (CBUAE), according to a press release. Tamara anchored its position as a leading …

Banking and Finance

20 October 2025 01:58 PM Systemair expands regional footprint with new Riyadh office

Riyadh - Mubasher: Systemair Saudi Arabia has inaugurated its new production facility in Riyadh, expanding the company’s regional footprint, according to a press release. The new office spans approximately 13,000 square meters, with a …

Global Economy

20 October 2025 09:36 AM Visa to relocate regional digital sales center from Dubai to Cairo

Mubasher: Visa plans to relocate its regional digital sales center from Dubai to Cairo, leveraging Egypt's competitive advantage in terms of efficiency, operational costs, and technical infrastructure. The digital payment organization intends to …

Companies Investments

20 October 2025 09:14 AM Prices of investment funds including certificates in EGP, USD

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

Banking and Finance

20 October 2025 08:38 AM Crescent Enterprises invests $68m to build globally competitive ventures from UAE

UAE - Mubasher: Crescent Enterprises recently unveiled an investment program of $68 million (AED 250 million) to scale CE-Creates, its venture-building platform, according to a press release. CE-Creates operates as a sector-agnostic venture …

Global Economy

20 October 2025 08:08 AM Vulcan expands GenAI solutions in MENA via partnership with Presight

Abu Dhabi - Mubasher: The Vulcan innovative GenAI security solutions announced strategic partnerships at the GITEX Global 2025 conference to expand across the MENA region. Through the Presight AI-Startup Accelerator, leading members of the G42 …

Global Economy

19 October 2025 06:10 PM UAE-based CADO secures $4.5m funding to fuel regional, global growth

UAE- Mubasher: CADO, the UAE-founded premium gifting platform, has raised $4.50 million in a pre-seed funding round with participation from Sanabil 500, a German family office, and several high-net-worth and angel investors. The fresh capital will …

Companies Investments

19 October 2025 01:58 PM 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 and USD, as of 18 …

Banking and Finance

19 October 2025 10:42 AM Midad Energy pens $5.4bn deal with Algeria’s Sonatrach to expand global footprint

Riyadh - Mubasher: Saudi energy investor-operator Midad Energy has signed a $5.40 billion production-sharing agreement with Algeria’s state-owned oil and gas company Sonatrach, according to a press release. The deal, fully funded by Midad Energy, …

Companies Investments

19 October 2025 09:18 AM ACWA Power’s affiliate closes SAR 10.8bn financing for Qurayyah CCGT IPP project

Riyadh - Mubasher: Hajar Two Electricity Company, an affiliate of ACWA Power company, has achieved financial close of the Qurayyah CCGT IPP expansion project in the Eastern province of Saudi Arabia at an amount of SAR 10.80 billion ($2.90 …

Banking and Finance

19 October 2025 08:59 AM Emirates NBD reinforces global position via $3bn stake in India’s RBL Bank

Dubai - Mubasher: Emirates NBD entered into definitive agreements to acquire a controlling stake in India-based RBL Bank Limited through a primary infusion of approximately $3 billion. The proposed transaction aligns with the DFM-listed bank’s …

Global Economy

16 October 2025 07:58 PM MFIC, Nawy Now raise EGP 443m in region’s 1st Ijarah-backed mortgage fund

Cairo - Mubasher: Misr for Financial Investments (MFIC), Synergy Capital’s asset-management arm, in partnership with Nawy Now, has raised EGP 443 million for MFIC’s first issuance fund in just 10 days. The oversubscribed fund marks Egypt and the …

Banking and Finance

16 October 2025 06:56 AM Aramex partners with AWS to transform global IT infrastructure.

Dubai - Mubasher: Aramex has migrated its Oceania data center (DC) to Amazon Web Services (AWS) cloud, marking the beginning of its extensive global IT modernization journey. The move aims to enhance operational agility, resilience, and …

Companies Investments

16 October 2025 06:52 AM MENA-focused Talabat’s CEO steps down; Gyssels appointed

Dubai – Mubasher: MENA-focused Talabat Holding announced the resignation of its CEO Tomaso Rodriguez, as part of a planned leadership transition, according to a press release. Rodriguez, who held the position for six years, will continue …

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