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04 September 02:34 AM

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3 September 06:32 PM Intella raises $12.5m in Series A funding to expand in MENA
Cairo - Mubasher: MENA-focused deep tech firm Intella has raised $12.50 million in an oversubscribed Series A round led by Prosus, according to a press release. The round witnessed participation from 500 Global, Wa’ed Ventures, Hala Ventures, …
Global Economy
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3 September 12:45 PM Singapore Exchange lists 1st Saudi Arabia-focused ETF
Mubasher: State Street Investment Management, the asset management business of State Street Corporation, announced the cross-listing of the PIF-anchored investment SPDR J.P. Morgan Saudi Arabia Aggregate Bond UCITS ETF on the Singapore Exchange …
Trading Activities
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3 September 10:40 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on 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 of 2 …
Mutual Funds
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3 September 09:43 AM Rothschild to take over LLB's business in UAE
UAE - Mubasher:  Rothschild & Co signed a referral agreement with Liechtensteinische Landesbank (LLB) to expand its Wealth Management presence in the UAE, according to a press release. The group will onboard its employees and clients in the Gulf …
Global Economy
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3 September 08:17 AM Caucasus Auto boosts operation in Middle East with UAE office
UAE - Mubasher: Leading U.S. vehicle importer Caucasus Auto Import has officially launched its UAE headquarters in Sharjah, according to a press release. The expansion marks a milestone for the company as it brings its services to one of the …
Companies Investments
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3 September 08:00 AM Dubai Investments scales global footprint via partnership with Angola’s FSDEA
Dubai - Mubasher: Dubai Investments has signed a strategic agreement with Angola’s Sovereign Wealth Fund (FSDEA) to jointly develop large-scale real estate projects in Luanda Province. The agreement aims to boost modern urbanization and …
Global Economy
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3 September 07:56 AM Egypt’s fintech Munify raises $3m seed round to fuel regional expansion
Cairo - Mubasher: Egypt-based fintech Munify has raised a $3 million seed round led by Y Combinator, with participation from BYLD, Digital Currency Group, and other strategic investors. It will use the investment to scale engineering and …
Banking and Finance
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2 September 03:42 PM Lunate launches region’s 1st thematic ETF to expand quantum computing
UAE - Mubasher: Abu Dhabi-based investment manager Lunate has launched the region’s first thematic Exchange Traded Funds (ETFs), according to a press release. The ETFs will track the Solactive Developed Quantum Computing Index, offering access to …
Companies Investments
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2 September 12:56 PM Flynas bolsters global aviation operations via SAR 504m Murabaha deal with SAB
Riyadh - Mubasher: Flynas company has secured a Murabaha facility agreement worth SAR 504 million ($134.40 million) from Saudi Awwal Bank (SAB). The agreement aims to finance the delivery of new Airbus A320neo aircraft, according to a bourse …
Global Economy
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2 September 12:37 PM 7 Centre expands global presence with office in Dubai Internet City
Dubai - Mubasher: 7 Centre, the Canadian company behind the Simplii sustainability platform, has officially opened its Middle East office, 7 Centre Middle East, in Dubai Internet City. The move marks a major step in the company’s global expansion, …
Companies Investments
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2 September 11:17 AM Umm Al Qura launches pre-booking model for SAR 329m land sale at Masar
Riyadh - Mubasher: Umm Al Qura for Development and Construction Company introduced a new real estate investment model that allows land sales at the destination through a pre-booking mechanism, according to a press release. By factoring in both …
Global Economy
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2 September 09:40 AM RAK Properties enables crypto payment to attract global buyers
Abu Dhabi - Mubasher: RAK Properties has partnered with fintech Hubpay to allow international clients to purchase property using digital assets, including USDT, BTC, and ETH. Payments are instantly converted to AED and settled directly into the …
Global Economy
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2 September 09:12 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on 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 of 1 …
Mutual Funds
Saudi Egyptian Developers
1 September 03:22 PM Saudi Egyptian Developers unveils rebranding to boost regional expansion
Cairo - Mubasher: Saudi Egyptian Developers Company celebrated its 50th anniversary with the launch of a new logo and refreshed visual identity, signaling the start of a new phase of growth and innovation. The rebranding, shaped as a diamond-heart …
Companies Investments
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1 September 09:39 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 …
Global Economy
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1 September 08:15 AM Majid Al Futtaim launches 100th store in Egypt; investments cross $2.5bn
Mubasher: Majid Al Futtaim opened its 100th retail store in Egypt and the first Carrefour store in the Governorate of Suez, according to a press release. The group is expanding its footprint across strategic locations and providing accessible, …
Companies Investments
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1 September 06:44 AM stc launches sccc by stc to bolster global cloud computing services
Riyadh – Mubasher: Saudi Telecom Company (stc) has launched "sccc by stc," the new identity of the Saudi Cloud Computing Company (sccc), which specializes in advanced cloud computing services and data processing using AI. This move aligns with …
Companies Investments
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31 August 04:37 PM GCC-focused Riyad Capital leads SAR 500m Sukuk issuance for Sumou Global Investment
Riyadh - Mubasher: Riyad Capital, a leading asset manager within Saudi Arabia and the GCC region, has issued SAR 500 million in SAR-denominated Sukuk for Sumou Global Investment Company. The three-year issuance marks the first of its kind offering …
Companies Investments
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31 August 11:16 AM Gewan Holding fosters UAE’s position as global tech hub via partnership with IOPn
UAE - Mubasher: Gewan Holding, part of the NG9 Holding conglomerate, partnered with IOPn to accelerate the development of sovereign AI, blockchain, and digital identity solutions that anchors the UAE’s role as a global hub for technological …
Companies Investments
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31 August 09:25 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 …
Mutual Funds
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31 August 08:00 AM Dubai Investments’ unit to manufacture solar glazing solutions in UAE, GCC
Dubai - Mubasher: Emirates Glass, a leading glass processing company in the region and a subsidiary of Dubai Investments, has signed a deal with Australia-based ClearVue Technologies Limited. The five-year manufacturing and distribution agreement …
Companies Investments
Bandar Alothman, Founder at O Gold, and Ahmed Mourad, Chief Operating Officer at Astra Tech
28 August 06:57 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, …
Global Economy
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28 August 04:20 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 …
Global Economy
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28 August 01:57 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 …
Companies Investments
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28 August 11:47 AM 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 …
Companies Investments