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WheelsOn secures $12.5m to reshape car rental sector in Gulf region

UAE - Mubasher: WheelsOn, a UAE-based mobile-first car rental platform, has secured $12.50 million in funding, bringing its valuation close to $30 million, according to a press release. The round comprised $2.20 million in equity from MENA-focused …
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Prices of investment funds including certificates in EGP, USD
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anb capital, Lexham Partners to launch MENA-dedicated $200m growth fund
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Khazna secures $2.62bn financing led by ADCB, FAB to back international growth
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US-based Adams Street enters GCC region via Abu Dhabi office
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Jazeera Airways strengthens regional network with return to Abu Dhabi, Al Ain
Morocco Arab Global Commodities
MASI
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Volume 2,359,740 Turnover 362,234,829 No. of Trades: 5,055
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No. of Traded Stocks : 69
Last Update: 4 September 02:41 PM
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WheelsOn secures $12.5m to reshape car rental sector in Gulf region Global Economy
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Prices of investment funds including certificates in EGP, USD Mutual Funds
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anb capital, Lexham Partners to launch MENA-dedicated $200m growth fund Global Economy
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Khazna secures $2.62bn financing led by ADCB, FAB to back international growth Banking and Finance
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US-based Adams Street enters GCC region via Abu Dhabi office Companies Investments
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Jazeera Airways strengthens regional network with return to Abu Dhabi, Al Ain Companies Investments
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ADNOC, RIQ forge $500m partnership to anchor Abu Dhabi’s global risk hub Global Economy
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Karim Shehata, CEO of Basata Holding
Basata unveils $7m investment plans, mulls expansion in Gulf markets Companies Investments
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Saudi ADES pens SAR 808m agreement with QatarEnergy Global Economy
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TAQA-led consortium concludes financial closing of $4bn greenfield power plants in Saudi Arabia Companies Investments
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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 Companies Investments
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 Central Banks
JANE delegation with NTG's Chairman Al Ballaa
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Ali Al Baqali, the CEO of Alba
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Ballurh reshapes future F&B retail sector – Founder in interview at Biban24 Event
Noor bint Ali Alkhulaif, Bahrain’s Minister of Sustainable Development, during Interview with Mubasher
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Khalid Al Rumaihi, Chairman of Alba
Alba’s Chairman lauds Saudi capabilities in manufacturing, gives remarks at Gateway Gulf Global Economy
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Kafaa Capital’s founder announces new financing channels at Seamless KSA 2024 – Interview Global Economy
Saad bin Atyan, Founder of Madkhol, at Seamless KSA 2024
Madkhol unveils new investment products at Seamless Saudi Arabia 2024 – Interview Event
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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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Knowledge Economic City obtains SAR 305m Islamic financing from Riyad Bank Banking and Finance
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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 Companies Investments
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Alnima Bank intends to issue dollar-denominated offering Sukuk and Islamic Finance
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Banque Saudi Fransi to issue USD-denominated Tier 2 notes Companies Investments
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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 Sukuk and Islamic Finance
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Dar Al Arkan to issue USD fixed-rate senior Sukuk Sukuk and Islamic Finance
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Ayan Capital secures up to GBP 25m financing, aims to become UK leader in Islamic banking Sukuk and Islamic Finance
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Arab Markets
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WheelsOn secures $12.5m to reshape car rental sector in Gulf region Companies Investments
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Egypt’s net foreign reserves up to $49.2bn in August Central Banks
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Prices of investment funds including certificates in EGP, USD Global Economy
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CBE offers T-bills, T-bonds on Sunday Treasury Bills
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anb capital, Lexham Partners to launch MENA-dedicated $200m growth fund Companies Investments
Ahmed Al Qassim, Group Head of Wholesale Banking at Emirates NBD, and Michael Doersam, Group Services Officer at Emirates
Emirates NBD, Emirates Airline pen $350m deal for two Boeing 777 aircrafts Banking and Finance
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Khazna secures $2.62bn financing led by ADCB, FAB to back international growth Banking and Finance
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US-based Adams Street enters GCC region via Abu Dhabi office Companies Investments
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EMSTEEL supplies U-Type sheet piles for Suez Canal floating bridge Companies Investments
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Aldar to launch UAE’s 1st Tesla Experience Center on Yas Island 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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