Oman
Mubasher TV
 Contact Us Advertising   العربية
Oman
MSM Closed
08 April 09:30 AM

Middle east news

Shubham Poddar, Founder and CEO of Amaani
18 September 2025 01:28 PM UAE’s Amaani raises $3m seed funding to launch Arab beauty brand globally
UAE - Mubasher: UAE-based beauty and wellness platform Amaani has raised $3 million in seed funding led by Peak XV’s Surge, according to a press release. The company will use the investment for beauty brand, AÏZA, scaling its business across the …
Companies Investments
Malik Alyousef, Co-founder and Chief Operating Officer at Mozn
18 September 2025 00:11 PM Mozon rolls out Payment Intelligence at Money 20/20 Middle East conference
Mubasher: Mozn, a regional leader in enterprise AI technologies, has launched Payment Intelligence, a new product within its flagship FOCAL Enterprise Fraud Management platform, at the Money 20/20 Middle East conference. Payment Intelligence …
Companies Investments
Photo Archive
18 September 2025 00:03 PM ADES Holding increases cash offer in Shelf Drilling merger
Riyadh - Mubasher: ADES Holding Company, ADES International Cayman (BidCo), and Shelf Drilling have revised the terms of the proposed cash merger, increasing the offer to NOK 18.50 per share. The revised offer has secured irrevocable commitments …
Companies Investments
Photo Archive
18 September 2025 10:56 AM First Mills to acquire majority stake in Kenan Arabian for SAR 48m
Riyadh - Mubasher: First Milling Company (First Mills) signed a binding agreement to acquire 60% of Kenan Arabian Trading Company for SAR 48 million on 15 September. Subject to regulatory approvals and customary conditions, the transaction covers …
Mergers and Acquisitions
Photo Gallery
18 September 2025 10:40 AM Ladun inks SAR 446m development agreement with NHC
Riyadh - Mubasher: Ladun Investment Company has signed a SAR 446 million sub-development contract with the National Housing Company (NHC) on 16 September 2025. The contract aims to develop more than 400 residential villas in the Al-Mashraqia …
Real estate
Photo Gallery
18 September 2025 10:33 AM Halan UAE, Lean Technologies partner to expand credit access in GCC
Mubasher: Halan UAE, part of Egypt and MENA’s first fintech unicorn MNT-Halan, has partnered with Lean Technologies to leverage open banking technology and expand credit access for individuals and small businesses across the GCC. The partnership …
Companies Investments
Photo Archive
18 September 2025 10:08 AM Aramco completes $3bn international Sukuk issuance
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has concluded a $3 billion international Sukuk issuance across two tranches, valued at $1.50 billion each. The offering attracted a robust order book with demand from a broad range of top-tier …
Companies Investments
Photo Gallery
18 September 2025 09:10 AM Mastercard, HyperPay collaborate to reshape region’s business payments landscape
Mubasher: Mastercard forged a partnership with HyperPay to accelerate the digital transformation of the Saudi commercial payments landscape, according to a press release. The two parties will join forces to enhance business payments across the …
Global Economy
Photo Archive
18 September 2025 09:02 AM CBE auctions EGP 85bn T-bills end-week
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a combined value of EGP 85 billion through two tranches on Thursday, 18 September. The first auction stood at EGP 40 billion and will mature in 182 days on 24 …
Treasury Bills
Photo Gallery
18 September 2025 07:53 AM Valu introduces 1st licensed BNPL experience with noon
Cairo - Mubasher: U Consumer Finance (Valu) has launched its digital onboarding feature on noon, the region’s largest digital marketplace, according to a press release. This move represents the first licensed buy-now, pay-later (BNPL) transaction …
Companies Investments
Photo Gallery
18 September 2025 07:51 AM Mashreq launches digital retail bank in Pakistan to boost global financial ecosystem
Dubai – Mubasher: Mashreq Bank has officially launched its full-service digital retail bank in Pakistan, marking the first full-scale international deployment of Mashreq’s digital banking platform outside the UAE. Mashreq Bank Pakistan’s …
Global Economy
Photo Archive
18 September 2025 07:49 AM Emirates Islamic offers world's 1st sustainability-linked financing Sukuk of $500m
Dubai – Mubasher: Emirates Islamic Bank has successfully priced a $500 million sustainability-linked financing Sukuk, the first globally. The Sukuk attracted a strong demand with $1.20 billion and was oversubscribed 2.4 times, according to a press …
Sukuk and Islamic Finance
Photo Gallery
17 September 2025 05:41 PM Egypt’s Go Bus to expand fleet with EUR 10.6m financing from EBRD
Cairo - Mubasher: Go Bus for Transport, Egypt’s first privately owned inter-city bus company, will launch an inter-city electric bus fleet with a EUR 10.60 million loan from the European Bank for Reconstruction and Development (EBRD). The …
Banking and Finance
Photo Gallery
17 September 2025 05:33 PM Egypt’s healthtech Duaya unveils GCC expansion plans following acquisition of EXMGO
Cairo - Mubasher: Egypt-based healthtech Duaya has acquired EXMGO, a SaaS provider for pharmacies and medical businesses, in a six-figure investment transaction. The deal marks a new milestone in advancing pharmacy digitization and strengthening …
Mergers and Acquisitions
Photo Archive
17 September 2025 05:14 PM solutions, Aramco team up for digital computing infrastructure project
Riyadh – Mubasher: Arabian Internet and Communications Services Company (solutions) inked a framework agreement with Saudi Arabian Oil Company (Aramco) for a digital computing infrastructure project. The deal covers the supplying, installing, and …
Companies Investments
Photo Gallery
17 September 2025 04:16 PM Social Development Bank records SAR 6.5bn financing since start of 2025
Riyadh - Mubasher: The Social Development Bank (SDB) delivered SAR 6.50 billion in total financing since the beginning of 2025, benefiting over 90,000 citizens and enterprises across the Kingdom. Freelancers and family businesses received SAR 2.50 …
Financial Results
Photo Gallery
17 September 2025 03:57 PM Riyadh-based Spare raises $5m pre-Series A funding to fuel expansion in GCC
Riyadh - Mubasher: Saudi fintech Spare has secured $5 million in a pre-Series A round led by anb Seed Fund, with participation from 500 MENA, Vision Ventures, SEEDRA Ventures, MEVP, Boubyan Ventures, and others. The new funding will be used to …
Global Economy
Photo Archive
17 September 2025 01:53 PM Sipchem’s CEO resigns; Al Rushoud takes over
Riyadh – Mubasher: The board of Sahara International Petrochemical Company (Sipchem) accepted the resignation of Abdullah Saif Al Saadoon from his position as the CEO. The members also approved the appointment of Ibrahim Abdulaziz Al Rushoud as …
Management Decisions
Photo Gallery
17 September 2025 01:08 PM Oumla secures $2.4m funding round to expand regional business
Riyadh – Mubasher: Saudi startup Oumla has raised a $2.40 million seed round led by Core Vision, with participation from Avalanche and angel investors, according to a press release. The funds will be used to expand the company’s team and reinforce …
Companies Investments
Firas Alhamdan and Faisal bin Dukhail, Founders of LDUN
17 September 2025 00:10 PM Saudi fintech startup LDUN closes $4.8m funding round
Riyadh – Mubasher: Saudi fintech startup LDUN has raised a $4.80 million seed round led by Sadu Capital, along with Suhail Ventures and Nomu Angel Investment, according to a press release. Licensed by the Saudi Central Bank (SAMA) under its …
Companies Investments
Photo Gallery
17 September 2025 11:58 AM DP World Egypt, Elsewedy Industrial Development create $29m cold storage facility
Mubasher: DP World Egypt joined forces with Elsewedy Industrial Development to establish an advanced cold storage facility in Al Oula Industrial City in 6th of October, with an investment of $29 million (EGP 1.42 billion). Under the signed …
Companies Investments
Photo Gallery
17 September 2025 10:55 AM Aman Holding, partners launch EGP 5bn vehicle financing initiative with Nissan Egypt
Cairo - Mubasher: Aman Holding, a 76%-owned subsidiary of Raya Holding for Financial Investments, has entered into a partnership with Bokra Holding, Rehla Rides (Arrw), and Nissan Egypt to provide financial facilities exceeding EGP 5 billion. The …
Companies Investments
Photo Gallery
17 September 2025 10:37 AM Space42, Viasat to launch Equatys JV for global D2D 5G service
Abu Dhabi- Mubasher: Space42 and Viasat, a global leader in satellite and secure communications, plan to form a joint venture (JV) to provide direct-to-device (D2D) services and upgrade mobile satellite services (MSS) to 5G. The venture, known as …
Companies Investments
Photo Archive
16 September 2025 06:34 PM Cenomi Retail inks SAR 2.9bn facility deals with Al Futtaim Retail, Emirates NBD
Riyadh - Mubasher: Fawaz Abdulaziz Alhokair Company (Cenomi Retail) has secured SAR 2.95 billion in new loan facilities, according to two separate bourse disclosures. The package includes a SAR 1.35 billion shareholder loan from Al Futtaim Private …
Banking and Finance
Photo Gallery
16 September 2025 06:03 PM Aldar sells out Al Deem townhomes with AED 1.8bn sales
Abu Dhabi - Mubasher: Aldar Properties has sold out all 450 townhomes at Al Deem on Yas Island, securing more than AED 1.80 billion in sales. The launch drew strong demand from Emirati buyers, with 68% of sales completed by men and 32% by women, …
Real estate