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24 August 09:23 PM
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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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Dubai’s Spinneys enters Kuwait through Alshaya’s JV, expands GCC business
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Prices of investment funds including certificates in EGP, USD
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ACWA Power secures SAR 12.8bn from regional, global banks for CCGT power plants
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Gathern secures $72m funding round led by PIF’s Sanabil Investments
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ADNH Catering boosts regional expansion strategy via 50% stake in Compass Arabia
Jordan Arab Global Commodities
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Telecom Egypt, NaiTel boost regional connectivity via ‘Coral Bridge’ subsea cable Companies Investments
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Dubai’s Spinneys enters Kuwait through Alshaya’s JV, expands GCC business Companies Investments
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Prices of investment funds including certificates in EGP, USD Banking and Finance
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ACWA Power secures SAR 12.8bn from regional, global banks for CCGT power plants Companies Investments
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Gathern secures $72m funding round led by PIF’s Sanabil Investments Global Economy
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ADNH Catering boosts regional expansion strategy via 50% stake in Compass Arabia Global Economy
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Representatives of Jafza and OSM
Indian EV maker plans $25m investment in Jafza to serve over 2bn consumers in Middle East, Africa Companies Investments
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Presight’s AI-Startup Accelerator brings together 10 global firms in Abu Dhabi Event
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e&, GCC telcos units launch 1st regional Sustainability Hackathon Global Economy
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CI Capital backs regional expansion plans via EGP 4.9bn revenues in H1-25 Global Economy
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Mubasher Exclusive
Saud Altassan, CEO at EFG Hermes KSA
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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 Ministries
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 Companies Investments
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 Companies Investments
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Islamic Finance
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Binghatti prices $500m benchmark Sukuk under $1.5bn program Companies Investments
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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 Companies Investments
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Dar Al Arkan to issue USD fixed-rate senior Sukuk Banking and Finance
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Ayan Capital secures up to GBP 25m financing, aims to become UK leader in Islamic banking Companies Investments
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Nasdaq Dubai lists $1bn Sukuk by Ras Al Khaimah government Trading Activities
National Central Cooling Company (Tabreed)
Tabreed raises $700m inaugural green Sukuk as 1st issuance under $1.5bn programme; listed banks partake Sukuk and Islamic Finance
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Islamic T-bonds auction for January 2025 attracts over AED 6.9bn bids Central Banks
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GFH to launch $500m sukuk programme Sukuk and Islamic Finance
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Aramco completes $3bn international Sukuk issuance Sukuk and Islamic Finance
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Arab Markets
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Almoosa Health secures SAR 650m loan from Banque Saudi Fransi Companies Investments
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Najran Cement appoints new Chairman, Vice Chairman Corporate Actions
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Egypt Aluminum’s net profits cross EGP 10.1bn in FY24/25 Financial Results
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Telecom Egypt, NaiTel boost regional connectivity via ‘Coral Bridge’ subsea cable Companies Investments
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Masdar secures ‘AA-’ credit rating from S&P; outlook stable Ratings
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Al Seer Marine deploys UAE’s 1st AI-powered board observer Companies Investments
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Dubai’s Spinneys enters Kuwait through Alshaya’s JV, expands GCC business Companies Investments
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Amanat Holdings completes AED 453m sale of North London Collegiate School Mergers and Acquisitions
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Prices of investment funds including certificates in EGP, USD Global Economy
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Egypt-Saudi Arabia bilateral trade up to $5.9bn in H1-25 Macroeconomics
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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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