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16 October 2025 06:43 AM Al Yamamah Steel pens SAR 207m supply deals
Riyadh – Mubasher: Al Yamamah Steel Industries Company signed two contracts with Larsen & Toubro Saudi Arabia to supply steel towers for a combined value of SAR 207.08 million on 15 October. The first agreement, valued at SAR 100.64 million, aims …
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15 October 2025 05:52 PM Monroe Capital opens Abu Dhabi office to expand Middle East presence
UAE - Mubasher: Monroe Capital has opened its office in Abu Dhabi after receiving its financial services permission (FSP) from the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM). The new office marks a major step in …
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15 October 2025 05:17 PM EIC’s subsidiary signs SAR 80m purchase agreement
Riyadh - Mubasher: Pauwels Transformers Company, a unit of Electrical Industries Company (EIC), has purchased a plot of land and the existing buildings in a public auction, which was held in Mechelen city. Bankruptcy Trustees of the properties of …
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15 October 2025 03:57 PM Saudi Networkers Services names new Chairman, Vice Chairman
Riyadh - Mubasher: The board of Saudi Networkers Services Company elected new board leadership, ending on 13 October 2029, following the general assembly’s meeting. Abdulmohsen Ibrahim Abdulaziz AlTouq was appointed Chairman for a four-year term, …
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15 October 2025 02:27 PM Retal’s unit, PIF-backed ROSHN team up for SAR 462m residential project
Riyadh - Mubasher: Building Construction Company, a subsidiary of Retal Urban Development Company, has inked a SAR 461.90 million contract with ROSHN Group, a Public Investment Fund (PIF) company, on 14 October. The 28-month contract aims to …
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15 October 2025 10:34 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 and USD, as of 14 …
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15 October 2025 08:30 AM Balady Poultry inks 2 lease deals to support SAR 1.1bn investment strategy
Riyadh – Mubasher: Balady Poultry Company has signed two land lease agreements with the Ministry of Environment, Water and Agriculture for 19 years, renewable for similar periods. The two land plots span 27.70 million meters and 23 million meters …
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14 October 2025 05:42 PM SAL partners with SPL to enhance Saudi Arabia’s postal, logistics ecosystem
Riyadh - Mubasher: SAL Saudi Logistics Services Company has signed an agreement with Saudi Post (SPL), on 12 October, to enhance mail handling and transportation across Saudi Arabia. The 12-month deal covers ground handling for postal and …
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14 October 2025 00:50 PM MENA’s leading fintech Valu, PayTabs Egypt reshape digital payment landscape
Cairo - Mubasher: MENA’s leading universal fintech powerhouse U Consumer Finance (Valu) joined forces with PayTabs Egypt to accelerate the country’s digital payment transformation, according to a press release. The strategic collaboration will …
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14 October 2025 11:31 AM Oqood secures $1m funding to expand AI-powered legal solutions in GCC
Dubai - Mubasher: Abu Dhabi-based legaltech startup Oqood has closed a $1 million seed funding round led by a group of angel investors to accelerate digital transformation in the legal sector. The startup will use the investment to expand across …
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14 October 2025 11:02 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 and USD, as of 13 …
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14 October 2025 09:47 AM Mawarid Manpower announces new key appointments
Riyadh – Mubasher: Mawarid Manpower Company appointed new Chairman and Vice Chairman for a new term that commenced on 11 October 2025 and ending on 10 October 2028. Ahmed Mohammed Al Rukban was announced as a new Chairman, while Abdullah Ibrahim …
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13 October 2025 06:07 PM Al Jouf Agricultural obtains SAR 82m loan from Saudi gov’t
Riyadh - Mubasher: Al Jouf Agricultural Development Company has signed a SAR 81.90 million loan agreement with the Agricultural Development Fund (ADF) on 9 October. The loan will be used to finance the expansion of the company’s French fries …
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13 October 2025 01:47 PM Tabreed closes 2 largest transactions to accelerate regional growth
Dubai - Mubasher: National Central Cooling Company (Tabreed) has completed its largest-ever transactions, marking a major step in accelerating regional growth and strengthening its concession-backed business model. Tabreed, in partnership with CVC …
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13 October 2025 00:17 PM Red Sea International’s unit secures SAR 375m financing from FAB
Riyadh - Mubasher: The Fundamental Installation for Electric Work Company, a subsidiary of Red Sea International Company, has secured financial facilities from First Abu Dhabi Bank (FAB) with a standby limit of SAR 375 million. The one-year …
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13 October 2025 11:50 AM Jarir registers SAR 739.5m net profits in 9M-25
Riyadh - Mubasher: Jarir Marketing Company (Jarir Bookstores) generated net profits totaling SAR 739.40 million during the first nine months (9M) of 2025, an annual rise of 5.84% from SAR 698.60 million. Revenues increased by 4.85% to SAR 8.35 …
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13 October 2025 11:21 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 and USD, as of 12 …
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13 October 2025 08:22 AM HP starts operating 1st global tech manufacturing facility in Saudi Arabia
Riyadh - Mubasher: HP has launched a new manufacturing facility in Riyadh and confirmed an AI R&D Center of Excellence (CoE) in Dhahran official opening, according to a press release. In line with the Saudi Vision 2030, these investments support …
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12 October 2025 05:00 PM ADNOC L&S, TA’ZIZ to build UAE’s 1st chemicals port in Ruwais
Abu Dhabi - Mubasher: ADNOC Logistics & Services (ADNOC L&S) and TA’ZIZ have signed an agreement to establish the UAE’s first dedicated chemicals port at the TA’ZIZ Industrial Zone in Al Ruwais. Under the 50-year deal, ADNOC L&S will build, own, …
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12 October 2025 02:42 PM DP World, Tashkent Invest establish $288m terminal to boost regional network
Dubai - Mubasher: DP World has partnered with Tashkent Invest, a subsidiary of the Tashkent City Administration, to develop a $288 million multimodal logistics terminal over three phases. The project aims to strengthen Uzbekistan’s logistics …
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12 October 2025 11:58 AM Al Modawat unveils new brand, logo
Riyadh - Mubasher: The board of Al Modawat Specialized Medical Company approved changing the company’s brand and adopting a new logo on 11 October. The rebranding highlights its success in premium medical hospitality and supports its vision to …
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12 October 2025 07:54 AM SAL establishes new subsidiary with SAR 1.4bn authorized capital
Riyadh - Muasher: SAL Saudi Logistics Services Company developed a wholly owned subsidiary named SAL Zones to support its future business expansion, fulfil strategic objectives, and diversify its revenues. The simplified joint stock company will …
Representatives of Jafza and OSM
21 August 2025 11:55 PM Indian EV maker plans $25m investment in Jafza to serve over 2bn consumers in Middle East, Africa
UAE – Mubasher: Omega Seiki Mobility (OSM), India’s electric vehicle (EV) manufacturer, has launched its first international facility in Jafza over an area exceeding 42,000 square feet. The company will be investing $25 million (AED 92 million) in …
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21 August 2025 06:03 PM e&, GCC telcos units launch 1st regional Sustainability Hackathon
Mubasher: Emirates Telecommunications Group (e&) and the GCC’s leading telecom operators have launched the region’s first Sustainability Hackathon, according to a press release. The initiative aims to accelerate green technology adoption and …
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9 October 2025 09:47 AM PureHealth acquires Greece’s largest private healthcare group to reinforce global platform
Abu Dhabi - Mubasher: PureHealth Holding has completed the acquisition of its 60% stake in Hellenic Healthcare Group (HHG), Greece and Cyprus’s leading private healthcare provider, for a total of EUR 800 million. The transaction implies a 100% …