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17 September 01:06 PM
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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 …
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Space42, Viasat to launch Equatys JV for global D2D 5G service
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Saudi Hala closes $157m Series B round co-led by PIF’s Sanabil Investments
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Sohar International backs Oman-GCC energy project via $500m financing
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Tamara secures $2.4bn facility at Money 20/20 Middle East conference
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Jamjoom Pharma partners with Bio-Thera to secure Cosentyx biosimilar in MENA
Bahrain Arab Global Commodities
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Latest News
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Oumla secures $2.4m funding round to expand regional business Global Economy
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Space42, Viasat to launch Equatys JV for global D2D 5G service Companies Investments
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Saudi Hala closes $157m Series B round co-led by PIF’s Sanabil Investments Global Economy
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Sohar International backs Oman-GCC energy project via $500m financing Global Economy
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Tamara secures $2.4bn facility at Money 20/20 Middle East conference Companies Investments
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Jamjoom Pharma partners with Bio-Thera to secure Cosentyx biosimilar in MENA Global Economy
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flydubai and TAROM
flydubai grows international network through partnership with TAROM Global Economy
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Visa Middle East
Visa initiates regional product in UAE for high-net-worth individuals Global Economy
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ALEC Holdings
ALEC Holdings plans to float 20% of share capital on DFM; operations focused in GCC Management Decisions
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The Arab Energy Fund
Arab Energy Fund announces $600m issuance with competitive pricing Global Economy
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Mubasher Exclusive
Saud Altassan, CEO at EFG Hermes KSA
EFG Hermes KSA to lead major IPOs, deals in 2025 – Interview at CMF2025 Event
Wang Hu, the President and Co-Founder of PayerMax
Saudi Arabia stood out as ideal choice for PayerMax’s regional HQ – Interview with Wang Hu Global Economy
JANE delegation with NTG's Chairman Al Ballaa
JANE delegation, NTG's Chairman Al Ballaa discuss investments in Saudi Arabia Companies Investments
Ali Al Baqali, the CEO of Alba
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Ballurh reshapes future F&B retail sector – Founder in interview at Biban24 Global Economy
Noor bint Ali Alkhulaif, Bahrain’s Minister of Sustainable Development, during Interview with Mubasher
Alkhulaif says Bahrain is on track to Zero Neutrality by 2060, unveils EDB expected investments – Interview Event
Khalid Al Rumaihi, Chairman of Alba
Alba’s Chairman lauds Saudi capabilities in manufacturing, gives remarks at Gateway Gulf Companies Investments
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Kafaa Capital’s founder announces new financing channels at Seamless KSA 2024 – Interview Event
Saad bin Atyan, Founder of Madkhol, at Seamless KSA 2024
Madkhol unveils new investment products at Seamless Saudi Arabia 2024 – Interview Company News
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Awfar deploys AI tools to improve customer experience – CEO in interview at Seamless KSA 2024 Event
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Islamic Finance
Lumena by OMNIYAT
OMNIYAT raises $900m through Sukuk financing Sukuk and Islamic Finance
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Al Rajhi Bank to issue USD Tier 2 social Sukuk Banking and Finance
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Knowledge Economic City obtains SAR 305m Islamic financing from Riyad Bank Companies Investments
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WSM to issue SAR 500m Sukuk program Sukuk and Islamic Finance
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SAB plans to offer USD-denominated Tier 2 green notes Sukuk and Islamic Finance
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Alnima Bank intends to issue dollar-denominated offering Companies Investments
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Banque Saudi Fransi to issue USD-denominated Tier 2 notes Sukuk and Islamic Finance
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Binghatti prices $500m benchmark Sukuk under $1.5bn program Sukuk and Islamic Finance
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ADIB allocates AED 17.3bn for sustainable finance in 2024 Companies Investments
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SAB intends to issue SAR-denominated Tier 1 Sukuk Banking and Finance
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Arab Markets
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Sipchem’s CEO resigns; Al Rushoud takes over Management Decisions
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Oumla secures $2.4m funding round to expand regional business Global Economy
Firas Alhamdan and Faisal bin Dukhail, Founders of LDUN
Saudi fintech startup LDUN closes $4.8m funding round Companies Investments
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DP World Egypt, Elsewedy Industrial Development create $29m cold storage facility Companies Investments
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Aman Holding, partners launch EGP 5bn vehicle financing initiative with Nissan Egypt Companies Investments
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Space42, Viasat to launch Equatys JV for global D2D 5G service Global Economy
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Cenomi Retail inks SAR 2.9bn facility deals with Al Futtaim Retail, Emirates NBD Banking and Finance
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Aldar sells out Al Deem townhomes with AED 1.8bn sales Companies Investments
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Al Majdiah inks SAR 454m contracts for residential projects Real estate
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SHL Finance extends SAR 2.1bn facility agreements with ANB, Bank Albilad Companies Investments
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International Markets
Tesla jumps, Wall St would rise after Trump statement
S&P 500, Nasdaq rises; Dow falls before Good Friday holiday
Wall St falls on Wednesday with chipmakers leading declines
Tech stocks boost Wall St after certain tariff relief
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