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16 December 2025 09:53 AM ACWA Power boosts energy, water projects in Africa via $5bn financing with AfDB

Riyadh – Mubasher: ACWA Power Company has signed a cooperation framework with the African Development Bank (AfDB) to expand investment and financing of power generation and water desalination projects across the African continent. Both sides plan …

Companies Investments

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16 December 2025 09:26 AM LuLu boosts regional expansion strategy with new launch in Saudi Arabia

Abu Dhabi - Mubasher: Lulu Retail Company has opened a new hypermarket in Aziz Mall, bringing its total store network in Saudi Arabia to 65 locations, according to a press release. The opening aligns with Lulu’s expansion roadmap, with additional …

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16 December 2025 08:59 AM MENA’s e-commerce noon secures $500m funding co-led by PIF for potential IPO

UAE – Mubasher: MENA-focused e-commerce platform noon has raised $500 million in new funding from existing backers, including Saudi Public Investment Fund (PIF) and Emaar’s Founder, Mohammed Alabbar. The company moves closer to a potential initial …

Companies Investments

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15 December 2025 06:27 PM Red Sea International’s subsidiary extends multi-purpose funding with Saudi listed lenders

Riyadh - Mubasher: The Fundamental Installation for Electric Work Company, a subsidiary of Red Sea International Company, has secured extensions to its multi-purpose funding facilities with Alinma Bank and Riyad Bank. The two facilities aim to …

Companies Investments

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15 December 2025 05:40 PM Taiba Investments pens SAR 181.5m deal for hotel project in Riyadh

Riyadh - Mubasher: The Smart Hotel Zone Company, owned 84% by Taiba Investments Company, inked a SAR 181.50 million agreement with Al Saad Contracting Company. The unit will carry out the construction works of the Marriott Hotel building project …

Companies Investments

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15 December 2025 05:39 PM Riyadh Cement inks SAR 85m EPC deal for grid station construction

Riyadh - Mubasher: Riyadh Cement Company has signed an engineering, procurement, and construction (EPC) contract worth SAR 85 million with Chengdu Design and Research Institute. Signed on 14 December 2025, the agreement covers the construction of …

Companies Investments

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15 December 2025 04:54 PM Al Majdiah inks SAR 85m residential development deal in Riyadh

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) has signed a development agreement with the Jadwa Al-Manzel Real Estate Fund to establish a residential compound in Riyadh’s Hittin district. Spanning 14,709 square meters (sqm), the …

Companies Investments

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15 December 2025 02:27 PM Hassan Allam awarded $250m contract to build Afreximbank’s regional HQ in Egypt

Cairo - Mubasher: Hassan Allam Construction, a subsidiary of Hassan Allam Holding, has won a $250 million contract to build the African Export-Import Bank (Afreximbank) African Trade Centre (AATC) in Egypt’s New Administrative Capital (NAC). The …

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15 December 2025 10:01 AM Prices of investment funds including certificates in EGP, USD

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 …

Banking and Finance

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14 December 2025 07:37 PM IHC expands global portfolio by increasing stake in Invictus Investment

Abu Dhabi - Mubasher: International Holding Company (IHC) has raised its stake in Invictus Investment Company to approximately 40% in a major block trade valued at AED 420 million. IHC acquired 196 million shares, adding a further 17.50% …

Companies Investments

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14 December 2025 07:01 PM Pan Gulf signs SAR 135m financing agreement with Banque Saudi Fransi

Riyadh - Mubasher: Pan Gulf Marketing Company inked a Sharia-compliant bank facility deal with Banque Saudi Fransi at a value of SAR 135 million on 14 December 2025. The company will use the loan to finance its working capital for one year, …

Banking and Finance

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14 December 2025 05:41 PM Jarir opens new showroom in Makkah at SAR 6m

Riyadh - Mubasher: Jarir Marketing Company (Jarir Bookstores) opened a new showroom in Inside Clock Towers Mall, marking the 64th showroom in the Kingdom and the 75th of the total centers inside and outside Saudi Arabia. Located in Makkah …

Companies Investments

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14 December 2025 00:51 PM Prices of investment funds including certificates in EGP, USD

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 …

Companies Investments

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14 December 2025 09:56 AM Sipchem appoints new Chairman, Vice Chairman

Riyadh - Mubasher: Sahara International Petrochemical Company (Sipchem) named Khalid A. Al Zamil as the board’s Chairman for the next four years. The board members also appointed Fahad S. Al Rajhi as the Vice Chairman, according to a bourse …

Board of Directors

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14 December 2025 09:36 AM Cenomi Retail unveils SAR 1.5bn facility deal with Emirates NBD Bank KSA

Riyadh - Mubasher: Fawaz Abdulaziz Alhokair Company (Cenomi Retail) executed a SAR 1.57 billion facility agreement with Emirates NBD Bank KSA, according to a bourse filing. The Saudi company obtained the three-year loan, on 11 December, with an …

Banking and Finance

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14 December 2025 08:53 AM Boursa Kuwait's ECM set to launch, begin to accept listing applications

Kuwait - Mubasher: The Emerging Companies Market (ECM) is set to officially launch and start accepting listing applications as of Sunday, 14 December, according to a press release. This move followed the successful completion of all technical and …

Trading Activities

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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 …

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11 December 2025 04:28 PM Edita unveils EGP 4bn investment plan for 2026 to boost regional production capacity

Cairo - Mubasher: Edita Food Industries has rolled out an EGP 4 billion investment program for 2026 in line with its expansion strategy, according to a bourse filing. The plan targets major expansions across Edita’s factories in Egypt, Morocco, …

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11 December 2025 03:43 PM 2P Perfect Presentation, Purity Tech secure financing from GIB

Riyadh - Mubasher: Perfect Presentation for Commercial Services Company (2P Perfect Presentation) renewed a Shariah-compliant bank facility agreement valued at SAR 135 million with Gulf International Bank (GIB). The loan will be utilized for new …

Banking and Finance

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11 December 2025 01:52 PM Al Arabia unveils SAR 179m project award with Tibah Airports Operation

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) won a bid from Tibah Airports Operation Company Limited for the advertising opportunity at the Prince Mohammad bin Abdulaziz Airport (PMIA) in Madinah on 10 December. The …

Companies Investments

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11 December 2025 11:45 AM Prices of investment funds including certificates in EGP, USD

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 …

Companies Investments

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10 December 2025 05:20 PM New Development Bank lists $50bn EMTN program on Nasdaq Dubai

UAE – Mubasher: Nasdaq Dubai welcomed the New Development Bank’s (NDB) $50 billion euro medium-term note (EMTN) program to its exchange, reinforcing NDB’s access to global capital markets. This listing will also support Dubai’s role as a leading …

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10 December 2025 04:55 PM YeePay teams up with ADIO to launch regional HQ in Abu Dhabi

UAE – Mubasher: Leading cross-border payments company YeePay entered into a partnership with the Abu Dhabi Investment Office (ADIO) to establish a regional headquarters (HQ) and technology hub in Abu Dhabi. The new (HQ) will serve the Middle East …

Companies Investments

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10 December 2025 03:28 PM MESC obtains AED 91m financing from Mashreq Bank

Riyadh - Mubasher: Middle East Specialized Cables Company, a subsidiary of Middle East Specialized Cables Company (MESC), obtained Sharia-compliant banking facilities valued at AED 91 million from Mashreq Bank. The company secured a promissory …

Companies Investments

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10 December 2025 02:46 PM Global cybersecurity firm GitGuardian launches interchangein Saudi market

Riyadh - Mubasher: GitGuardian, the global leader in Non-Human Identity (NHI) security, has officially entered the Saudi market, bringing a platform trusted by over 600,000 developers worldwide. The group completed a 12-day strategic immersion …

Companies Investments