KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Open
22 August 06:42 AM

Latest News

Representatives of Jafza and OSM
21 August 11:55 PM Indian EV maker plans $25m investment in Jafza to serve over 2bn consumers in Middle East, Africa
UAE – Mubasher: Omega Seiki Mobility (OSM), India’s electric vehicle (EV) manufacturer, has launched its first international facility in Jafza over an area exceeding 42,000 square feet. The company will be investing $25 million (AED 92 million) in …
Companies Investments
Photo Archive
21 August 08:10 PM ACWA Power commences operations at 3 solar IPPs in Saudi Arabia
Riyadh - Mubasher: ACWA Power company has received commercial operation certificates for three major solar projects in Saudi Arabia, holding a 50.10% stake in each, according to separate press releases. In the Qassim Region, Nawwar Renewable …
Companies Investments
Photo Gallery
21 August 07:30 PM Presight’s AI-Startup Accelerator brings together 10 global firms in Abu Dhabi
Abu Dhabi - Mubasher: Presight AI Holding is hosting its first-ever AI-Startup Accelerator Bootcamp in Abu Dhabi, gathering 10 startups globally to scale real-world AI solutions. During the three-day event, the startups will embark on a rigorous …
Event
Photo Archive
21 August 06:33 PM Shaker Group’s board mulls 22% capital hike
Riyadh - Mubasher: The board of Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) recommended a capital increase to SAR 677.10 million from SAR 555 million, according to a bourse disclosure. The rise will be implemented through the issuance of …
Board of Directors
Photo Gallery
21 August 06:03 PM e&, GCC telcos units launch 1st regional Sustainability Hackathon
Mubasher: Emirates Telecommunications Group (e&) and the GCC’s leading telecom operators have launched the region’s first Sustainability Hackathon, according to a press release. The initiative aims to accelerate green technology adoption and …
Companies Investments
Photo Gallery
21 August 02:34 PM CI Capital backs regional expansion plans via EGP 4.9bn revenues in H1-25
Cairo - Mubasher: CI Capital Holding for Financial Investments registered an annual drop in consolidated net profits after tax to EGP 699.28 million in the first half (H1) of 2025, compared to EGP 1.31 billion. Total revenues declined to EGP 4.92 …
Global Economy
Photo Gallery
21 August 06:17 AM SFD signs SAR 3.7bn sustainable facility deals with 13 countries in 2024
Riyadh - Mubasher: The Saudi Fund for Development (SFD) inked 17 loan agreements at an aggregated value of SAR 3.70 billion with 13 countries worldwide in 2024, according to the SFD’s annual report. The financing aimed to support priority projects …
Companies Investments
Photo Archive
21 August 05:46 AM Sadr Logistics pens SAR 250m agreement with Starlinks
Riyadh – Mubasher: Sadr Logistics Company penned a 10-year logistics services contract for the SADR Park project with Starlinks Company at SAR 249.33 million. The joint agreement, signed on 20 August, covers the provision of logistics and …
Companies Investments
Photo Gallery
21 August 05:44 AM UAE’s CE-Ventures backs $100m round in US-based Aalo Atomics
UAE - Mubasher: CE-Ventures, the corporate venture capital (VC) platform of Crescent Enterprises, has joined the $100 million Series B funding round for leading US nuclear technology company Aalo Atomics, according to a press release. The …
Global Economy
Founders of Starvania Studios
21 August 05:42 AM Starvania Studios to expand global business via $1.1m funding
Riyadh – Mubasher: Saudi Arabia-based Starvania Studios has secured an investment of $1.10 million from Merak Capital and Impact46, according to a press release. The funding will contribute to accelerating Starvania Studios’ growth trajectory by …
Global Economy
Photo Archive
21 August 01:23 AM UAE-based Coraly.ai secures $2m funding to fuel regional expansion, international market entry
UAE – Mubasher: Proptech company Coraly.ai, formerly known as Coralytics, has recently closed a $2 million pre-seed funding round that was led by Salica Oryx Fund, a MENA-focused early-stage investment vehicle based in Abu Dhabi Global Market …
Companies Investments
Photo Archive
20 August 03:26 PM Saudi Cable submits request to CMA for SAR 400m capital hike
Riyadh - Mubasher: Saudi Cable Company has submitted an application to the Capital Market Authority (CMA), on 28 July 2025, to increase its share capital to SAR 466.73 million from SAR 66.73 million. The rise will be executed through a SAR 400 …
Management Decisions
Photo Archive
20 August 03:22 PM MIS extends SAR 450m facility deal with Gulf International Bank
Riyadh - Mubasher: Al Moammar Information Systems Company (MIS) has renewed and amended its Sharia-compliant banking facility with Gulf International Bank, valued at SAR 450 million. The financing was obtained on 14 August 2025 and will remain …
Banking and Finance
Photo Archive
20 August 01:41 PM Services Equipment to pay 15% of capital as cash dividends for H1-25
Riyadh - Mubasher: The board of Services Equipment Company proposed cash dividends amounting to SAR 3.60 million, equivalent to 15% of the SAR 50 million capital, for the first half (H1) of 2025. Service Equipment will pay out a dividend of SAR …
Board of Directors
Photo Archive
20 August 12:22 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 and USD, as …
Global Economy
Photo Gallery
20 August 11:59 AM Masdar-led alliance closes $1.1bn deal for solar project in Saudi Arabia
Abu Dhabi - Mubasher: Abu Dhabi Future Energy Company (Masdar), GD Power, and Korea Electric Power Corporation jointly closed a $1.10 billion deal for the 2-gigawatt (GW) Al Sadawi solar project. The project falls under the National Renewable …
Companies Investments
Photo Gallery
20 August 11:49 AM Lulu Retail launches new express store in Dubai to expand regional footprint
Abu Dhabi - Mubasher: Lulu Retail Holdings has opened a new 22,000-square-foot Lulu express store in Nad Al Hammar, Dubai, marking its 112th store in the UAE. The launch is part of the company’s expansion plans and underscores its strong retail …
Companies Investments
Photo Archive
20 August 08:51 AM Jahez secures SAR 150mn Sharia-compliant loan from NBB
Riyadh - Mubasher: Jahez International Company for Information System Technology (Jahez) has secured Sharia-compliant credit facilities worth SAR 150 million from the National Bank of Bahrain (NBB). The eight-year financing agreement was signed on …
Companies Investments
Photo Archive
20 August 08:43 AM Jabal Omar inks SAR 2bn financing deal with Al Rajihi Bank
Riyadh - Mubasher: Jabal Omar Development Company signed a SAR 2 billion Murabaha facility agreement with Al Rajhi Bank to refinance existing debt on better terms. The financing, obtained on 18 August 2025, has a five-year duration with the option …
Companies Investments
Photo Archive
19 August 03:37 PM Madinet Masr to launch EGP 300m real estate investment fund in Saudi Arabia
Cairo – Mubasher: Secure Assets for Fixed Earnings (SAFE), owned by Madinet Masr Housing and Development, plans to establish a real estate investment fund in Saudi Arabia, with a target capital of EGP 300 million. This move aligns with the …
Real estate
Photo Archive
19 August 12:47 PM Arabian Drilling secures extension for 11 gas land rigs with SLB
Riyadh – Mubasher: Arabian Drilling extended a one-year deal for all 11 gas land rigs with SLB, with a total contract value between 15% to 20% of the company’s 2024 revenues. During the second quarter (Q2) of 2025, the company announced the …
Companies Investments
Photo Archive
19 August 12:07 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 …
Trading Activities
Photo Archive
19 August 11:14 AM SHL Finance, SAIB pen SAR 200m facility agreement
Riyadh – Mubasher: SHL Finance Company penned a Sharia-compliant banking facility agreement valued at SAR 200 million with The Saudi Investment Bank (SAIB) on 18 August. The five-year loan was secured by a promissory note and assignment of …
Banking and Finance
Photo Gallery
19 August 11:00 AM Professional.me secures $3.1m funding round to fuel regional expansion plans
UAE – Mubasher: Abu Dhabi-based HRtech Professional.me has raised $3.1 million in seed funding led by Raha Beach Ventures, bringing its total to $4.6 million, according to a press release. The company will use the funding to expand its engineering …
Global Economy
Photo Archive
19 August 09:40 AM Sumou Real Estate rolls out SAR 135m contract award
Riyadh - Mubasher: Sumou Real Estate Company was awarded a SAR 135 million contract with Diyar Real Estate Development Fund Company on 17 August 2025, according to a bourse filing. Sumou Real Estate will handle the development and execution of …
Real estate