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10:58 AM ADNOC Distribution relaunches Oasis brand with premium non-fuel offerings
Abu Dhabi - Mubasher: ADNOC Distribution has relaunched its Oasis convenience brand with a premium ‘On-the-Gourmet’ concept across 379 locations in the UAE, Egypt, and Saudi Arabia. The refreshed brand, known as Oasis by ADNOC, aims to elevate …
Najib Khan, Group Chief Business Services Officer at Ooredoo and Ahmed Al Mannai, CEO of Innovatix Systems
28 September 07:18 PM Ooredoo promotes cybersecurity services in MENA to boost global footprint
Mubasher: National Mobile Telecommunications Company (Ooredoo), in partnership with Innovatix Systems, has launched advanced cybersecurity services to protect customers’ digital assets and ensure uninterrupted digital experiences. Live in Qatar, …
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28 September 10:40 AM RAK Properties establishes Mirasol phase II
Abu Dhabi - Mubasher: RAK Properties has launched the second phase of Mirasol, an expansive resort-style apartment community on Mina, according to a press release. The development scheme comprises 280 units across visually distinct and …
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25 September 04:02 PM Taaleem Holdings secures AED 968m financing to support GCC expansion
Dubai - Mubasher: Taaleem Holdings has signed two strategic financing agreements with Emirates Islamic totaling AED 968 million to support its growth and expansion plans. The first agreement, valued at AED 730 million, will fund Taaleem Holdings' …
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25 September 02:30 PM DTC-led alliance unveils plans to expand e-hailing services in Dubai
Dubai - Mubasher: Dubai Taxi Company (DTC) and Bolt formed a strategic alliance with Kabi by Al Ghurair and Zed, the UAE’s homegrown ride-hailing app. The partnership aims to enhance the ride-hailing experience for residents and visitors by …
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25 September 07:17 AM Aldar’s AIP raises $290m via green sukuk taps
Abu Dhabi - Mubasher: Aldar Investment Properties (AIP), a subsidiary of Aldar Properties, has raised $290 million through taps on its green sukuks maturing in 2034 and 2035. The offering was 2.8x oversubscribed, drawing $830 million in orders, …
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25 September 06:43 AM Space42 to launch UAE’s 1st sovereign mobility cloud
Dubai - Mubasher: Space42 is developing the UAE’s first Sovereign Mobility Cloud, powered by Core42’s Public Cloud on Microsoft Azure. The platform will speed up autonomous mobility deployment while keeping data secure and UAE-compliant, according …
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24 September 06:42 PM ADNOC Distribution to pay $350m cash dividends for H1-25
Abu Dhabi – Mubasher: ADNOC Distribution has announced an interim dividend of $350 million (AED 1.28 billion) for the first half (H1) of 2025, equivalent to 10.28 fils per share. This aligns with the group’s commitment to delivering sustainable …
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24 September 05:39 PM e7 Group, 7I Holding to scale sovereign technology solutions globally
Abu Dhabi - Mubasher: e7 Group has entered into a strategic partnership with 7I Holding, the regional affiliate of Swiss-based SICPA, to expand global reach in secure and sovereign solutions. The collaboration aims to develop and promote sovereign …
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24 September 12:40 PM Presight, Shorooq launch $100m global AI innovation fund
Abu Dhabi - Mubasher: Presight AI Holding and Shorooq Partners have launched a $100 million global AI innovation fund to back next-generation artificial intelligence ventures worldwide. The joint fund will focus on startups in fintech, energy, and …
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24 September 10:01 AM Aldar ups stake in Aldar Estates to 82.5% following Modon Holding’s exit
Abu Dhabi - Mubasher: Aldar Properties increased its ownership in the Aldar Estates platform, the region’s largest integrated real estate services company, with over AED 3 billion worth of active contracts The group acquired Modon Holding’s 17.45% …
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24 September 08:41 AM Talabat announces $202m interim dividend for H1-25
Dubai – Mubasher: Talabat Holding announced the board’s approval for disbursing an interim dividend of 3.18 fils per share, equivalent to $202 million in total. This interim dividend represents a 90% payout ratio of reported net income for the …
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24 September 07:22 AM SNB rolls out new SME financing platform via partnership with Tarabut, Geidea
Riyadh - Mubasher: Saudi National Bank (SNB) partnered with Tarabut and Geidea to launch a first-of-its-kind point-of-sale (POS) lending solution for small and medium enterprises (SMEs). Powered by Tarabut and delivered through Geidea, the …
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23 September 10:26 AM Premium Healthcare unveils EGP 1.5bn regional expansion plans
Cairo - Mubasher: The board of Premium Healthcare Group has approved an expansion plan valued at EGP 1.48 billion, including the establishment of four new companies in Egypt and Kuwait as part of its future strategy. The move will be financed …
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22 September 01:22 PM Orascom Construction, OCI Global eye merger to establish global infrastructure, investment platform
Mubasher: OCI Global and Orascom Construction are pursuing a potential merger to establish a global infrastructure and investment platform headquartered in Abu Dhabi. Under the merger, the two entities intend to build a diversified platform …
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22 September 08:43 AM AD Ports breaks ground on $380m Launada port expansion
Abu Dhabi - Mubasher: Abu Dhabi Ports Company (AD Ports) has started construction on the Noatum Ports Luanda Terminal at the Port of Luanda, a major port modernization project in Angola. The project has an initial investment of $250 million and is …
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22 September 07:34 AM Najm, Elm forge partnership at Money20/20 Middle East conference
Riyadh - Mubasher: Najm for Insurance Services has signed a cooperation deal with Elm Company on the sidelines of the Money20/20 Middle East conference to enhance the quality of services provided to beneficiaries. The two parties will join forces …
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21 September 02:46 PM Valu, MobileMasr launch Egypt’s 1st P2P BNPL solution
Cairo - Mubasher: U Consumer Finance (Valu)  has joined forces with MobileMasr to launch the first peer-to-peer (P2P) buy-now, pay-later (BNPL) service for pre-owned smartphones in Egypt, according to a press release. The services enable …
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21 September 02:31 PM Al Ansari Financial Services to pay AED 148.5m dividends for H1-25
Dubai - Mubasher: The board of Al Ansari Financial Services has approved a cash dividend of AED 148.50 million for the first half (H1) of 2025. The DFM-listed company will disburse a dividend of 1.98 fils per share, equivalent to 70% of its H1-25 …
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21 September 12:10 PM BHM Capital doubles share capital to AED 400m to support growth plans
Dubai - Mubasher: BHM Capital Financial Services has completed its AED 200 million capital increase, doubling its share capital to AED 400 million, according to a bourse filing. The increase was executed through the issuance of 200 million new …
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21 September 08:06 AM Alnima Bank invests in MENA-focused Qashio to enhance financial solutions
Riyadh - Mubasher: Alinma Bank has invested in UAE-based fintech Qashio in line with its commitment to providing advanced services and digital financial solutions to enhance operational efficiency. The partnership will focus on developing a …
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18 September 01:55 PM Al Seer Marine expands fleet with delivery of 3rd VLGC
Abu Dhabi - Mubasher: Al Seer Marine Supplies and Equipment Company, a subsidiary of IHC, and BGN announced the delivery of Merak, its third very large gas carrier (VLGC) equipped with ammonia-carrying capability. The vessel was delivered via …
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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 …
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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 …
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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 …