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4 hours ago SABIC exits assets in Europe for $950m

Riyadh - Mubasher: Saudi Basic Industries Corporation (SABIC) inked two strategic transactions to divest its European Petrochemicals (EP) business to AEQUITA and its Engineering Thermoplastics (ETP) business in the Americas and Europe to MUTARES. …

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03:09 PM Prices of investment funds including certificates in EGP, USD – Update

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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08:50 AM MilkStraw closes $2 funding round to expand in MENA

UAE – Mubasher: AI-powered cloud optimization MilkStraw has raised $2 million in seed funding in a round led by VentureSouq, with participation from Ibtikar Fund and M Capital. The funding will accelerate product expansion and operational scaling, …

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08:38 AM Aamar secures $4m seed round to boost Saudi rental market

Riyadh - Mubasher: Saudi proptech startup Aamar has closed a seed funding round exceeding $4 million, with participation from Aqar App, Razm Investment, Al Majdiah Investment, Blom Invest, and angel investors. The transaction aims at simplifying …

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7 January 08:04 PM BHM Capital joins FEAS as 1st UAE financial institution

Dubai - Mubasher: BHM Capital Financial Services became the first financial institution from the UAE to join the Federation of Euro-Asian Stock Exchanges (FEAS) as a supporting partner member, according to a press release. The membership …

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7 January 04:34 PM Deliverect Kiosk brings smart services across MENA restaurants

Mubasher: Deliverect, a global provider of restaurant and retail technology solutions, has launched Deliverect Kiosk in the MENA region, according to a press release. The system allows customers to browse menus, place orders, and make payments …

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7 January 02:15 PM Mastercard licenses QNB to expand payment services in Syria

Mubasher: Qatar National Bank (QNB) Group obtained a license from Mastercard to expand its issuing and acquiring business in Syria, according to a press release. Through this license, the MEA-focused lender will provide Mastercard payment …

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7 January 01:19 PM Trinasolar expands Saudi Arabia’s footprint through collaborations with ACWA Power

Riyadh – Mubasher: Trinasolar, a global leader in smart PV and energy storage solutions, entered into strategic partnerships with ACWA Power Company to accelerate its presence in Saudi Arabia. The collaborations align with Trinasolar’s commitment …

Companies Investments

IPTC Summit

7 January 12:47 PM IPTC summit to kick off in Dubai; Saudi Aramco participates as sponsor

UAE - Mubasher: Dubai is set to host the IPTC Summit on AI for the Energy Industry during 13–14 January 2026 at the Conrad Hotel, gathering energy leaders, decision-makers, technologists, and experts. The event will discuss how AI is reshaping …

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7 January 12:26 PM Four Winds boosts global presence via membership in Saudi-French Business Council

Riyadh - Mubasher: Four Winds Saudi Arabia Limited, a leader in comprehensive and integrated moving and logistics services, has officially joined the Saudi–French Business Council (CAFS). The membership aligns with the company’s strategy to expand …

Corporate Actions

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7 January 11:23 AM Hub71 startup Maalexi to launch world’s 1st agricultural asset token exchange

UAE- Mubasher: Hub71 startup Maalexi, an agri-trade fintech leader, plans to build the world’s agriculture asset token exchange (MAATEX) on Avalanche, according to a press release. Maalexi is engaged in derisking and transforming cross-border food …

Companies Investments

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6 January 06:38 PM Emirates Islamic grants $500m financing for Europe’s largest gas-fired power plant

Dubai - Mubasher: Emirates Islamic Bank has provided $500 million in structured financing to Mass Group Holding for the construction of a 1.7 GWh natural gas-fired power plant in northwest Romania. Valued at EUR 1.20 billion, the facility is set …

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6 January 04:46 PM Saudi flyadeal enters 2026 with major regional expansion

Riyadh - Mubasher: Saudi Arabia’s fast-growing airline flyadeal has expanded its network from Madinah, with five new routes in 2026, according to a press release. The expansion includes international flights to Istanbul’s Sabiha Gökçen Airport and …

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6 January 01:10 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, except for …

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5 January 06:55 PM Egypt’s edtch Business For Teens closes funding round to expand in GCC

Cairo - Mubasher: Egypt-based edtech Business For Teens has closed a six-figure pre-seed funding round led by a group of angel investors, according to a press release. The investment will be used to expand operations across Egypt and the Gulf …

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5 January 02:19 PM DSI backs MENA footprint via EUR 17m project award in Egypt

Dubai - Mubasher: Passavant Energy & Environment GmbH (PE&E), a subsidiary of Drake & Scull International (DSI), has secured a EUR 17 million (AED 73 million) sub-contract for the rehabilitation of the Tanta wastewater treatment plant in Egypt. …

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5 January 01:22 PM Valu secures final approval from Central Bank of Jordan to boost regional expansion

Cairo - Mubasher: U Consumer Finance (Valu) has obtained the final approval from the Central Bank of Jordan (CBJ) to launch its services in the Kingdom under a specialized financing license, enabling the company to offer flexible consumer …

Companies Investments

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5 January 12:17 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 …

Banking and Finance

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4 January 04:42 PM Go Green fuels global expansion via $9m framework export agreement

Cairo - Mubasher: Go Green Company for Agricultural Investment and Development has signed a $9 million framework agreement with Cargill Incorporated, a global agribusiness group. The agreement covers the export and supply of jojoba seeds and …

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4 January 12:18 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 …

Banking and Finance

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4 January 10:40 AM ADNOC Drilling closes acquisition of SLB's land rigs business in Kuwait, Oman

Abu Dhabi – Mubasher: ADH RSC LTD, a wholly owned subsidiary of ADNOC Drilling Company, has completed the acquisition of a 70% stake in SLDC Holdings RCS Limited, according to a bourse filing. SLDC Holdings is a joint venture (JV) established with …

Makhazen, formerly Agility Public Warehousing Company

1 January 05:23 PM Cross-listed Makhazen announces leadership changes following rebranding

Mubasher: Makhazen, the Kuwait-based infrastructure, logistics, and industrial services company, has appointed Ahmad Al Banna as the CEO and Khaled Faisal Al Ghais as the Vice Chairman of the board, according to a press release. The appointments …

What could be next target for Gold after hitting new historical peak?

30 December 2025 06:38 PM What could be next target for Gold after hitting new historical peak?

Mubasher: The upward trend of Gold remains strong, with prices continuing to advance towards the possibility of recording a new historical peak near the level of $4,686 on the condition of maintaining trading above the previous $4,381 historical …

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1 January 09:44 PM Remarks during Al Zeyoudi visit pinpoint UAE as Egypt's leading trade partner in GCC; non-oil trade hits $8.4bn

Mubasher: The non-oil trade between the UAE and Egypt reached approximately $8.40 billion in 2024, reflecting a 21% growth rate compared to 2023. This trade relationship underscores the importance of the UAE as Egypt's leading trade partner in the …

International Agreements

Waha Capital

1 January 09:14 PM Waha Capital joins region’s 1st dedicated income-focused benchmark equity gauge

Abu Dhabi – Mubasher: Waha Capital has been included in the recently launched FTSE ADX Dividend Stars Index, the first dedicated income-focused benchmark equity gauge across the region, according to a press release. Launched in December 2025 by …