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14 September 09:15 AM
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Germany-based Phoenix Contact expands into Saudi Arabia with new subsidiary

Riyadh - Mubasher: Germany-based Phoenix Contact, a global leader in industrial automation and connectivity, has established Phoenix Contact Trading LLC in Riyadh. The move marks a key step in its regional expansion and alignment with Saudi …
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DAR Global becomes 1st in Middle East to transfer shares on London Stock Exchange
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TERN Group raises $33m to boost GCC healthcare sector
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MoneyHash partners with noon payments to streamline GCC payment infrastructure
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ORA Developers unveils $16bn initial investments in UAE, Iraq
Founders of Metric
AI fintech Metric secures investment to drive business in GCC region
Qatar Arab Global Commodities
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11,093.12 0.14% 16.05
Volume 97,780,219 Turnover 295,855,587 No. of Trades: 17,965
29 Down 5 Flat 20 Up
No. of Traded Stocks : 54
Last Update: 11 September 01:15 PM
Latest News
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Germany-based Phoenix Contact expands into Saudi Arabia with new subsidiary Companies Investments
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DAR Global becomes 1st in Middle East to transfer shares on London Stock Exchange Real estate
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TERN Group raises $33m to boost GCC healthcare sector Global Economy
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MoneyHash partners with noon payments to streamline GCC payment infrastructure Companies Investments
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ORA Developers unveils $16bn initial investments in UAE, Iraq Global Economy
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Founders of Metric
AI fintech Metric secures investment to drive business in GCC region Global Economy
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UAE leads Capital.com’s trading volumes in MENA; global trading hits $1.5trn in H1-25 Companies Investments
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Knight Frank fuels regional expansion with projects in Abu Dhabi Real estate
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UAE’s PRYPCO fosters tokenized property investment in MENA via pre-Series A funding Real estate
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Aramco starts 2nd dollar-denominated offering Bonds
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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 Global Economy
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 Global Economy
Ali Al Baqali, the CEO of Alba
Alba aims to become among world’s largest aluminium smelters – CEO Al Baqali in Interview Companies Investments
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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 Global Economy
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Kafaa Capital’s founder announces new financing channels at Seamless KSA 2024 – Interview Event
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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Al Rajhi Bank to issue USD Tier 2 social Sukuk Banking and Finance
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Knowledge Economic City obtains SAR 305m Islamic financing from Riyad Bank Companies Investments
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WSM to issue SAR 500m Sukuk program Companies Investments
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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 Banking and Finance
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Banque Saudi Fransi to issue USD-denominated Tier 2 notes Banking and 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 Sukuk and Islamic Finance
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SAB intends to issue SAR-denominated Tier 1 Sukuk Banking and Finance
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Dar Al Arkan to issue USD fixed-rate senior Sukuk Banking and Finance
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Arab Markets
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EFG Hermes leads Orascom Construction’s listing on ADX Companies Investments
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CBE offers EGP 55bn T-bills on Sunday Macroeconomics
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DAR Global becomes 1st in Middle East to transfer shares on London Stock Exchange Trading Activities
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GFH Partners’ Manrre REIT launches high-bay logistics facility in UAE Companies Investments
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SHL Finance obtains SAR 300m loan from Al Rajhi Bank Companies Investments
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Egyptian Resorts shifts to EGP 29.5m consolidated profits in H1-25 Financial Results
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Eshraq Investments sells Al Reem Island land for AED 264m Companies Investments
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TERN Group raises $33m to boost GCC healthcare sector Global Economy
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Two Egyptian foundations commit EGP 200m to boost sustainable development Companies Investments
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Permira, Blackstone acquire $525 million stake in Property Finder Mergers and Acquisitions
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International Markets
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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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