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21 September 02:02 AM

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18 September 05:51 AM Mashreq launches digital retail bank in Pakistan to boost global financial ecosystem
Dubai – Mubasher: Mashreq Bank has officially launched its full-service digital retail bank in Pakistan, marking the first full-scale international deployment of Mashreq’s digital banking platform outside the UAE. Mashreq Bank Pakistan’s …
Banking and Finance
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18 September 05:49 AM Emirates Islamic offers world's 1st sustainability-linked financing Sukuk of $500m
Dubai – Mubasher: Emirates Islamic Bank has successfully priced a $500 million sustainability-linked financing Sukuk, the first globally. The Sukuk attracted a strong demand with $1.20 billion and was oversubscribed 2.4 times, according to a press …
Banking and Finance
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17 September 08:37 AM Space42, Viasat to launch Equatys JV for global D2D 5G service
Abu Dhabi- Mubasher: Space42 and Viasat, a global leader in satellite and secure communications, plan to form a joint venture (JV) to provide direct-to-device (D2D) services and upgrade mobile satellite services (MSS) to 5G. The venture, known as …
Companies Investments
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16 September 09:17 AM Sohar International backs Oman-GCC energy project via $500m financing
Mubasher: Sohar International has signed a $500 million financing agreement with the Gulf Cooperation Council Interconnection Authority (GCCIA) to support the Oman-GCC electrical interconnection project. The venture is a major infrastructure …
Banking and Finance
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16 September 07:46 AM Jamjoom Pharma partners with Bio-Thera to secure Cosentyx biosimilar in MENA
Riyadh – Mubasher: Jamjoom Pharmaceuticals Factory Company (Jamjoom Pharma) has signed a strategic commercialization agreement with Bio-Thera Solutions Limited, a global biopharmaceutical firm specializing in innovative therapies and biosimilars. …
Global Economy
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10 September 09:01 AM Aramco starts 2nd dollar-denominated offering
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) commenced the issuance of US dollar international trust certificates (Sukuk) on 10 September, according to a bourse filing. The offering, which is ending on 17 September, will constitute …
Global Economy
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8 September 11:45 AM Adnoc Gas to join FTSE Emerging Index, expected to attract $250m investment
Abu Dhabi - Mubasher: ADNOC Gas is set to join the FTSE Emerging Index, part of the FTSE Russell Global Equity Index Series, on 22 September 2025. The company expects this move to boost its global investor profile, expand its shareholder base, and …
Trading Activities
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7 September 04:55 PM Telecom Egypt greenlights Helios’ binding offer for regional data hub
Cairo - Mubasher: Telecom Egypt’s board initially approved Helios Investments’ binding offer for a 75$–80% stake in a subsidiary that will own the Regional Data Hub (RDH). Under the proposed deal, Telecom Egypt will retain a 20%–25% stake in the …
Global Economy
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4 September 12:59 PM Khazna secures $2.62bn financing led by ADCB, FAB to back international growth
UAE - Mubasher: Khazna Data Centers has secured a $2.62 billion financing facility, in partnership with Abu Dhabi Commercial Bank (ADCB) and First Abu Dhabi Bank (FAB), to fuel its UAE and international growth plans. Holding a tenor lasting up to …
Global Economy
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4 September 10:24 AM ADNOC, RIQ forge $500m partnership to anchor Abu Dhabi’s global risk hub
Abu Dhabi – Mubasher: RIQ, the AI-native reinsurance platform purpose-built for the future of global risk transfer and a subsidiary of International Holding Company (IHC), entered into a strategic agreement with ADNOC. The partnership aims to …
Companies Investments
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4 September 08:52 AM Saudi ADES pens SAR 808m agreement with QatarEnergy
Riyadh – Mubasher: ADES Holding Company inked a contract for offshore drilling services for its jackup rig, Aquamarine Driller, with QatarEnergy. The two parties signed the agreement on 2 September, with an estimated backlog of SAR 808 million …
Global Economy
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4 September 08:34 AM TAQA-led consortium concludes financial closing of $4bn greenfield power plants in Saudi Arabia
Abu Dhabi – Mubasher Abu Dhabi National Energy Company (TAQA), Japan-based JERA Company, and Al Bawani Capital jointly announced the financial closing of two greenfield power plants in Saudi Arabia. The projects are Rihab ElAwal Power Company …
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 …
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 …
Banking and Finance
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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 …
Real estate
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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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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 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
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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
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27 August 06:00 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 …
Companies Investments
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27 August 04:53 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 …
Global Economy
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26 August 10:45 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. …
Global Economy
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25 August 01:43 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 …
Companies Investments
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25 August 06:43 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 …
Global Economy