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3 hours ago Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on 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 the …
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5 hours ago NWC completes wastewater networks project in Riyadh for SAR 73m
Riyadh – Mubasher: The National Water Company (NWC), represented by its Central Cluster, has completed Phase 4 of its wastewater networks project in Al Dawadmi Governorate. The project aligns with the company’s strategic plans to enhance water and …
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06:53 AM Dubai International Chamber inaugurates 1st representative office in North America
UAE – Mubasher: Dubai International Chamber has officially launched a new representative office in Toronto, exploring avenues to foster bilateral trade and investments between Dubai and Canada. Being the first representative office in North …
Mohy Aboualam, Co-Founder and CEO of TheDar.AI
18 June 09:06 PM Darwinz AI drives regional growth via seed funding round
Riyadh - Mubasher: Darwinz AI (TheDar.AI), a Saudi-Egyptian company behind the AI Copilot platform dima, has raised $325,000 in a seed funding round, led by Flat6Labs KSA and Glint Ventures. Founded in Egypt in 2021 by Emad Elazhary and Mohy …
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18 June 07:52 PM EFG Hermes KSA scales offerings via SBL services launch
Cairo – Mubasher: EFG Hermes KSA, an EFG Holding Company, is scaling its offerings to include Securities Borrowing and Lending (SBL) services, scheduled to launch in the third quarter (Q3) of 2025. The new solutions will provide institutional …
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18 June 07:22 PM Al Ashghal Al Moysra awarded SAR 37.5m in government contracts
Riyadh - Mubasher: Al Ashghal Al Moysra Company has secured two government contracts, with a combined value of SAR 37.46 million, according to two separate bourse disclosures. The first contract, worth SAR 26.48 million, was awarded along with the …
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18 June 06:46 PM BAAN, AREIC’s unit pen SAR 436m deal for NEOM project
Riyadh - Mubasher: BAAN Holding Group Company has inked a SAR 436 million contract with Sustainable Services Company, a subsidiary of Al Mutlaq Real Estate Investment Company (AREIC). The contract aims to provide catering, food, and nutrition …
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18 June 06:25 PM MIS secures over SAR 86.5m project award from ETEC
Riyadh - Mubasher: Al Moammar Information Systems Company (MIS) has been awarded a SAR 86.67 million project deal by the Education and Training Evaluation Commission (ETEC). The project aims to provide integrated services for conducting various …
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18 June 05:54 PM Multi Business extends 3-year agreement with stc
Riyadh - Mubasher: Multi Business Group Company has renewed its framework contract with Saudi Telecom Company (stc) for an additional three years. The agreement covers the restoration and improvement of work environments and outlets, according to …
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18 June 05:43 PM Quara Finance obtains SAR 100m Sharia-compliant facility from SHL Finance
Riyah - Mubasher: Quara Finance Company has signed Sharia-compliant credit facilities with SHL Finance Company, valued at SAR 100 million, according to a bourse filing. The three-year facility, secured on 17 June 2025, is aimed at supporting the …
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18 June 05:13 PM UAE’s Prop-AI raises $1.5m in pre-seed funding to expand in MENA
UAE – Mubahser: Dubai-headquartered proptech Prop-AI has closed a $1.50 million pre-seed funding round, led by Plus VC, Joa Capital, Select Ventures, Oraseya Capital, Plug & Play, and angel investors from Saudi Arabia and Bahrain. Prop-AI will use …
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18 June 01:07 PM Octa fuels regional expansion plans via $20m credit facility from SFDF
UAE – Mubahser: Octa has raised $20 million in a credit facility from Sukna Fund for Direct Financing (SFDF) to embed short-term working capital financing directly into its platform, according to a press release. The UAE-based fintech platform …
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18 June 12:40 PM SNB to redeem SAR 4.2bn Tier 1 capital Sukuk
Riyadh - Mubasher: Saudi National Bank (SNB) intends to fully redeem its SAR 4.20 billion Tier 1 capital Sukuk on its fifth anniversary, 30 June 2025. The Sukuk, which was issued on 30 June 2020, will be fully redeemed per the offering’s terms and …
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18 June 11:59 AM Egypt signs 6 green investments deals with development partners, private sector
Cairo - Mubasher: Egypt penned six agreements and cooperation protocols with development partners, business associations, and private sector representatives. The key deals were signed during the ‘Development Finance to Foster Private Sector-Led …
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18 June 11:41 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on 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 the …
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18 June 09:35 AM DMCC, Aqua-index sign MoU for 1st water-backed digital token
UAE – Mubahser: Dubai Multi Commodities Centre (DMCC) and AQUA-INDEX penned a memorandum of understanding (MoU) to support the first water-backed digital asset token, the first of its kind globally. The collaboration will position DMCC and Dubai …
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17 June 07:55 PM Tabreed, Emerge complete solar energy project for UAE’s ministry
Dubai - Mubasher:  The UAE Ministry of Defense teamed up with National Central Cooling Company (Tabreed) and Emerge, a joint venture (JV) between the UAE’s Masdar and France’s EDF Group,  to reinforce its environmental credentials The entities …
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17 June 06:53 PM CMA approves capital hike of Paper Home, Al Modawat via bonus shares
Riyadh - Mubasher: The Capital Market Authority (CMA) has approved the capital increase requests of Paper Home Company and Al Modawat Specialized Medical Company. The approvals will be executed through the issuance of two bonus shares for each …
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17 June 05:44 PM SNB begins USD-dominated Tier 2 capital notes issuance
Riyadh - Mubasher: The Saudi National Bank (SNB) commenced the offering of its USD-denominated Tier 2 capital notes, on 17 June, for eligible investors in the Kingdom and globally. Issued under the Euro Medium Term Note (EMTN) program, the …
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17 June 04:27 PM National Building extends SAR 135m credit facility deal with Alinma Bank
Riyadh - Mubasher: National Building and Marketing Company (NBM) has renewed a Shariah-compliant banking facility agreement valued at SAR 135 million with Alinma Bank. The company obtained the funding to support its working capital, according to a …
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17 June 02:44 PM Octane raises $5.2m to transform MENA’s fleet payments
Cairo – Mubasher: Egypt’s leading digital platform for fleet and on-road expense management Octane has closed a $5.20 million funding round led by Shorooq, Algebra Ventures, and Elsewedy Capital Holding. Octane will use the new capital to expand …
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17 June 01:35 PM DisrupTech backs Nigeria-based agri-fintech Winich’s funding round for MENA expansion
Cairo – Mubasher: Egypt-based early-stage fintech fund DisrupTech Ventures announced its first pan-African investment, backing Nigerian agri-fintech startup Winich Farms. The investment forms part of Lagos-based Winich’s Pre-Series A round, …
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17 June 11:52 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on 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 the …
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17 June 09:15 AM Bitcoin.com launches 1st MENA office in Dubai
UAE – Mubahser: Cryptocurrency services firm Bitcoin.com launched its services in Dubai Multi Commodities Centre (DMCC), according to a press release.  Being its first headquarters (HQ) in the MENA region, the company’s move anchors DMCC’s leading …
Mohamed Hesham, CEO of ePointZero
17 June 08:44 AM ePointZero names new CEO to boost global clean energy transition
Abu Dhabi – Mubasher: ePointZero, the global renewable energy platform of 2PointZero, has appointed Mohamed Hesham as its new CEO to accelerate the clean energy transition worldwide. The appointment comes at a time when global electricity demand …