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24 December 02:12 PM

UAE news

KKR
23 December 11:41 PM Global firm KKR unveils 1st investment in Saudi Arabia through partnership with ACWA Power
Riyadh – Mubasher: US private equity company KKR has entered into a strategic financing transaction with ACWA Power in a transaction that marks the first investment for KKR in Saudi Arabia, according to a press release. The collaboration …
Companies Investments
First Abu Dhabi Bank (FAB)
23 December 09:39 PM FAB teams up with Mastercard for new businesses product in first for EEMEA region
Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) has collaborated with Mastercard to officially launch the company’s proprietary mobile-first virtual card number (VCN) solution for businesses, according to a press release. The new solution, which …
Banking and Finance
Greenhouse Foodstuff Trading
23 December 06:42 PM Region’s Greenhouse unveils expansion into UAE’s AED 5.5bn fine dining market
Mubasher: Greenhouse Foodstuff Trading is adding more focus into the UAE’s fine-dining sector through different premium products to address the demand for high-end ingredients from leading chefs and restaurateurs in the region. The expansion plan …
Companies Investments
Dream of the Desert Train
23 December 03:59 PM Italy’s Arsenale makes debut in Middle East via ultra-luxury train in Saudi Arabia
Riyadh – Mubasher: Italian company Arsenale S.p.A has collaborated with SIMEST of the Cassa Depositi e Prestiti Group for the first Italian ultra-luxury train in Saudi Arabia under the name Dream of the Desert, according to a press release. This …
International Agreements
Photo Archive
23 December 01:50 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
Photo Archive
22 December 06:08 PM Fitch assigns ‘B+’ rating to Gulf Navigation’s AED 612m Sukuk issuance
Dubai - Mubasher: Fitch Ratings has assigned a ‘B+’ rating to Gulf Navigation Holding’s new sukuk issuance at AED 612 million ($167 million), reflecting the company’s solid financial position and stable outlook. The issuance has been primarily …
Ratings
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22 December 02:25 PM e&’s subsidiary fully acquires UPC Slovakia from Liberty Global
Abu Dhabi – Mubasher: O2, the mobile operator in Slovakia and part of the e& PPF Telecom Group, signed a binding agreement with Liberty Global to take over UPC Broadband Slovakia (UPC Slovakia) for of EUR 95 million on a cash-free, debt-free …
Global Economy
Al Wathba Insurance
22 December 01:01 PM Al Wathba Insurance becomes 1st UAE insurer to access Lloyd’s of London
Abu Dhabi - Mubasher: Al Wathba National Insurance Company invested in London Bridge 2 PCC, Cell 27, marking a major step in its growth journey with the finalization of a key strategic investment. In line with its revenue diversification strategy, …
Banking and Finance
Photo Gallery
22 December 12:02 PM Moneyhash partners with Mastercard to expand payment services globally
UAE – Mubasher: Moneyhash joined forces with Mastercard to expand merchant access to its Merchant Cloud platform across the Middle East and Africa, according to a press release. The partnership allows connecting Mastercard’s Gateway through a …
Companies Investments
Photo Archive
22 December 11:13 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, except for …
Trading Activities
Photo Gallery
21 December 05:38 PM PureHealth signs agreement with EPX for energy project
Abu Dhabi - Mubasher: PureHealth Holding has launched a new energy efficiency and monitoring project in collaboration with smart building analytics company EPX. The initiative will lower operational emissions by more than 36,000 tons of CO₂ …
Companies Investments
Photo Gallery
21 December 02:13 PM Premialab accelerates global expansion via $220m funding
UAE – Mubasher: UAE-headquartered Premialab has raised $220 million in a growth investment led by KKR, alongside existing investor Balderton, according to a press release. Under the terms of the agreement, KKR will lead a significant growth …
Companies Investments
Shamsheer Vayalil, CEO of Burjeel Holdings
21 December 12:41 PM Vayalil to lead Burjeel Holdings’ business as new CEO
Abu Dhabi - Mubasher: The board of Burjeel Holdings has approved the appointment of Shamsheer Vayalil as CEO, in addition to his current role as Founder and Chairman. The decision is subject to obtaining the required shareholder and regulatory …
Corporate Actions
Photo Archive
21 December 10:49 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, except for …
Banking and Finance
Photo Gallery
21 December 10:16 AM Modon unveils Abu Dhabi’s largest construction contract in 2025 at AED 2bn
Abu Dhabi - Mubasher: Modon Holding has awarded the main construction contract for two of its residential developments on Hudayriyat Island, with a total value of AED 5 billion. This contract is the largest awarded for residential in Abu Dhabi in …
Real estate
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21 December 09:53 AM Cairo-based Nawah raises $23m to expand regional, global footprint
Cairo - Mubasher: Nawah Scientific, Egypt’s deep-tech and life science company specialized in scientific and industrial testing services, has closed a $23 million Series A round, a mix of equity and debt. The round was led by Life Ventures …
Global Economy
Photo Archive
18 December 09:21 PM ADNCO secures joint financing of up to $11bn for gas development
UAE – Mubasher: Abu Dhabi National Oil Company (ADNOC) and Eni signed a landmark structured financing agreement with PTT Exploration and Production Public Company Limited (PTTEP). The deal aims at securing financing of up to $11 billion (AED 40.40 …
Companies Investments
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18 December 08:07 PM Tecom Group launches AED 615m innovation hub Phase 4 in Dubai
Dubai – Mubasher: Tecom Group has launched Phase 4 of Innovation Hub in Dubai Internet City at a value of AED 615 million amid rising demand for Grade-A office spaces from global multinational companies. With a gross leasable area (GLA) of 263,000 …
Companies Investments
Photo Archive
18 December 07:08 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
Photo Gallery
18 December 07:39 AM UAE-based Qashio launches European HQ in Dublin
Mubasher: MENA’s leading spend management solution Qashio opened its European headquarters (HQ) in Ireland, accelerating its global growth strategy, according to a press release. Located in Dublin, the new office marks the company’s fifth launch …
Companies Investments
Photo Gallery
18 December 07:20 AM Masdar concludes 1st project in GBP 1bln UK battery storage investment
Abu Dhabi – Mubasher: Abu Dhabi Future Energy Company (Masdar) began the commercial operations at its battery energy storage system (BESS) facility in Stockport. The first project is set to be completed under Masdar’s GBP 1 billion commitment to …
Companies Investments
Photo Gallery
17 December 06:08 PM Hub71’s Planys closes $12m funding round for global expansion
Mubasher: Planys Technologies, a Hub71 startup and deep-tech leader in underwater robotics and advanced inspection solutions, has raised around $12 million in primary funding. The investment will be used to drive its next phase of global …
Global Economy
Photo Archive
17 December 01:28 PM Two Point Zero's unit takes over Maseera
Abu Dhabi - Mubasher: Two Point Zero Group’s subsidiary, E Point Zero Holding Limited, has increased its ownership percentage to 100% in Maseera Holding Limited. The ADX-listed group fully acquired Maseera after taking over the remaining 5% …
Mergers and Acquisitions
Photo Archive
17 December 10:21 AM Borouge included in FTSE ADX dividend stars index
Abu Dhabi - Mubasher: Borouge has been included in the FTSE ADX Dividend Stars Index, launched by the Abu Dhabi Securities Exchange (ADX) in December 2025, according to a press release. The index comprises 17 companies that collectively …
Trading Activities
Photo Archive
16 December 10:34 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, except for …
Mutual Funds