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Bandar Alothman, Founder at O Gold, and Ahmed Mourad, Chief Operating Officer at Astra Tech
28 August 07:57 PM O Gold, botim launch MENA’s first fintech gold investment solutions
UAE - Mubasher: O Gold, the UAE’s first Emirati app for fractional gold and silver ownership, has partnered with botim, Astra Tech’s flagship AI-powered fintech, to expand gold investments in the botim ecosystem. Upon an agreement signed in 2023, …
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28 August 05:20 PM Sheba Joy raises $293,000 pre-seed to become global gaming hub
Riyadh - Mubasher: Saudi mobile gaming studio Sheba Joy has raised $293,000 (SAR 1.10 million) pre-seed funding led by venture capital (VC) Merak Capital. The funding will scale production, attract talent, and establish commercially successful …
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28 August 02:57 PM FAB offers 1st Blue Bond issuance in Gulf region at $50m
Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) has issued a HKD 390 million ($50 million) Blue Bond, marking the first-ever Blue Bond issued by a financial institution in the Gulf countries. The five-year issuance anchors FAB’s position in …
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28 August 12:47 PM ADNOC expands global business via 15-year LNG supply deal with IndianOil
Abu Dhabi - Mubasher: Abu Dhabi National Oil Company (ADNOC) has signed a 15-year sales and purchase agreement (SPA) with Indian Oil Corporation Limited (IndianOil) for 1 million tons per annum (mtpa) of liquefied natural gas (LNG) from its Ruwais …
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28 August 12:07 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 and USD, as …
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28 August 08:28 AM Journify scales regional operations via Riyadh office
Riyadh - Mubasher: Journify has expanded its footprint into Saudi Arabia through a partnership with AstroLabs, the Gulf region’s leading business expansion platform, according to a press release. Journify’s Saudi expansion comes during a period of …
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27 August 07:00 PM Orascom Construction’s consolidated backlog hits $9.6bn in H1-25, backed by regional operations
Cairo – Mubasher: Orascom Construction logged a consolidated backlog of $9.60 billion in the first half (H1) of 2025, according to the financial results. Earnings before interest, taxes, depreciation, and amortization (EBITDA) hit $139.40 million …
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27 August 05:53 AM Flynas resumes flights to Kuwait
Riyadh – Mubasher: Flynas Company has resumed direct flights between Jeddah and Kuwait as of 1 November to further expand its network in line with its growth and expansion plan. This aligns with national objectives in the aviation and tourism …
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27 August 05:51 AM Maalexi fuels regional expansion via $20m fundraising transaction
UAE – Mubasher: Maalexi, a cross-border agri-trade end-to-end transaction platform, has secured a shariah-compliant credit facility of up to $20 million from Amwal Capital Partners (ACP), an independent firm specializing in alternative investments …
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26 August 02:06 PM Impact46 fully acquires Kammelna for $53m to expand global reach
Riyadh - Mubasher: Impact46 has acquired the Saudi game development studio Kammelna in exchange for $53 million (SAR 200 million). This investment will accelerate new cultural games, expansion, and global reach, according to a press release. …
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26 August 12:10 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 and USD, as …
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26 August 11:45 AM Emirates NBD upsizes Dar Global’s syndicated facilities by $165m
Dubai - Mubasher: Emirates NBD has upsized syndicated conventional and Islamic term facilities for Dar Global, the wholly-owned subsidiary of Dar Al Arkan Real Estate Development Company, by $165 million, bringing the total amount to $440 million. …
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26 August 08:50 AM UAE-based Cointel secures $7.4m funding to fuel global expansion
UAE – Mubasher: UAE-based edtech platform Cointel has raised $7.40 million in a strategic funding round led by Avalanche and joined by Sugafam Inc. The funding will accelerate North American expansion in the fourth quarter (Q4) of 2025, following …
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26 August 07:22 AM GCC countries top Dubai Chamber exports with AED 83.6bn in H1-25
UAE - Mubasher: The GCC markets have dominated Dubai Chamber of Commerce’s list of global destinations for its members’ exports and re-exports during the first half (H1) of 2025, according to a press release. The GCC region represented 48.60% of …
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25 August 04:15 PM Holo expands digital mortgage solutions across GCC via $22m funding
UAE - Mubasher: Dubai-based proptech Holo has secured a $22 million Series A led by Saudi Arabia’s Impact46, according to a press release. The fundraising transaction witnessed the participation of Mubadala, Rua Growth Fund, anb seed, and MoreThan …
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25 August 02:43 PM Diriyah pens MoU with SRMG to boost media collaboration, fosters global presence
Riyadh - Mubasher: Diriyah Company, owned by the Public Investment Fund (PIF), has signed a strategic memorandum of understanding (MoU) with the Saudi Research and Media Group (SRMG). The agreement aims to expand media collaboration and support …
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25 August 09:00 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 and USD, as …
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25 August 07:43 AM TAQA takes over GS Inima to accelerate global water growth strategy
Abu Dhabi - Mubasher: Abu Dhabi National Energy Company (TAQA) has signed an agreement to fully acquire GS Inima, a global leader in water treatment and water desalination, from GS Engineering and Construction. Under the transaction, valued at …
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24 August 04:50 PM Telecom Egypt, NaiTel boost regional connectivity via ‘Coral Bridge’ subsea cable
Cairo - Mubasher: Telecom Egypt and Jordan’s NaiTel, a telecom arm of Aqaba Digital Hub (ADH), have completed the ‘Coral Bridge’ subsea cable, according to a bourse disclosure. The cable marks the first direct digital link between the two …
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24 August 02:02 PM Dubai’s Spinneys enters Kuwait through Alshaya’s JV, expands GCC business
Dubai - Mubasher: Premium food retailer Spinneys has entered the Kuwait market through a joint venture (JV) with Alshaya Group, expanding its GCC presence to four markets. Under the partnership, Spinneys will hold a 51% majority stake in the JV …
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24 August 12:35 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 and USD, as …
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24 August 08:42 AM ACWA Power secures SAR 12.8bn from regional, global banks for CCGT power plants
Riyadh - Mubasher: ACWA Power company achieved the financial close for two large-scale combined cycle gas turbine (CCGT) power plants at a value of SAR 12.80 billion ($3.40 billion). Located in Riyadh and the Eastern province of Saudi Arabia, …
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24 August 08:02 AM Gathern secures $72m funding round led by PIF’s Sanabil Investments
Riyadh - Mubasher: Saudi peer-to-peer (P2P) vacation rental platform Gathern has raised $72 million in Series B funding, led by Sanabil Investments, a PIF subsidiary. The fundraising also witnessed the participation of STV, Pinnacle Capital, Nuwa …
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24 August 07:57 AM ADNH Catering boosts regional expansion strategy via 50% stake in Compass Arabia
Abu Dhabi - Mubasher: ADNH Catering has acquired a 50% stake in Compass Arabia Limited, a Saudi joint venture (JV), accelerating its growth in the Kingdom. Starting from August 2025, the JV's performance will now be consolidated into ADNH …
Representatives of Jafza and OSM
21 August 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 …