Dubai – Mubasher: Al Ansari Exchange, a subsidiary of Al Ansari Financial Services, rolled out its prepaid cards, the TravelCard and FlexiblePay cards, to boost financial inclusion.The launch aligns with the company’s objectives to support the UAE’s
Dubai - Mubasher: Autoworld International FZCO, the regional distributor for India’s Bajaj Auto, plans to establish a new logistics and distribution hub in the Jebel Ali Free Zone (Jafza), with total investments of AED 45 million.The 162,000-square-f
Abu Dhabi - Mubasher: Multiply Group entered into an agreement to monetize 100% of its shares in PAL Cooling Holding for a consortium comprising National Central Cooling Company (Tabreed) and CVC DIF.The transaction, valued at approximately AED 3.80
Abu Dhabi – Mubasher: ADNOC Drilling Company was awarded a $800 million contract by ADNOC Onshore to provide integrated hydraulic fracturing services for conventional and tight reservoirs.The five-year agreement is set to commence in the third quarte
Mubasher: Air Arabia and Saudia have expanded their operations in Russia to enhance global connectivity, according to press releases.The Emirati low-cost airline inaugurated its new route to Sochi with a frequency six weekly flights, marking the sixt
UAE – Mubasher: The UAE and China launched the Qingdao Overseas Integrated Service Centre at the China-Arab Business Forum that was recently held in Qingdao, according to a press release.Organized by the Qingdao Municipal People’s Government and Chin
UAE -Mubasher: Abu Dhabi-based investment and holding firm ADQ entered into exclusive discussions with Limagrain, an agricultural cooperative and international seed group, to acquire a 35% stake in Limagrain Vegetable Seeds (LVS).LVS and Silal, an AD
Mubasher: Deloitte Middle East and Amazon Web Services (AWS) rolled out plans to deliver $1 billion worth of services by 2030, accelerating digital transformation across the Middle East, according to a press release.Both parties will inject investmen
Dubai – Mubasher: Dubai Investments has officially broken ground on Asayel Avenue, a new residential cluster expanding the AED 2.20 billion Mirdif Hills master development in the community of Mirdif.Established through Dubai Investment Real Estate (D
UAE – Mubasher: Dubai-based AI-powered platform for idea realization platform (IRP) idea-L, has closed an oversubscribed $1 million pre-seed round, according to a press release.Led by a wide syndicate of investment angels, the transaction encompasses
Abu Dhabi – Mubasher: Aldar Properties entered the top quartile of MSCI ESG Rating, ranking among global real estate companies after securing an upgrade to ‘A’ rating in the latest assessment, according to a press release.The rating aligns with the c
UAE – Mubasher: The UAE’s federal export credit company Etihad Credit Insurance (ECI) has secured AED 174 million in funding to support the growth of SMEs, as part of the impact of its Xport Xponential program, according to a press release.Four of EC
Dubai – Mubasher: Mashreq Bank has opened its representative office in Turkey as a part of its commitment to supporting Turkish financial institutions and corporates.The UAE-based lender has an effective role in channeling risk capacity and capital f
Mubasher: UAE-based loyalty and rewards company Related has secured an $8 million investment from Saudi premier alternative asset management firm Equivator, according to a press release.Related will use the new capital to support the launch of AI- an
Mubasher: Altery MENA Limited, a subsidiary of UK-based fintech Altery Limited, secured a regulatory license from the Dubai Financial Services Authority (DFSA), according to a press release.This move supports Altery’s global strategy to establish reg
Riyadh - Mubasher: Asas Makeen Real Estate Development and Investment Company signed a memorandum of understanding (MoU) with The Securities House, a Kuwaiti public joint stock company listed on Boursa Kuwait.The MoU, signed on 22 June 2025, supports
Abu Dhabi - Mubasher: Burjeel Holding has acquired the Medeor 24x7 Hospital building in Dubai for AED 170 million, according to a press release.The acquisition aligns with the group’s long-term strategy to enhance operational control, reduce fixed le
Abu Dhabi - Mubasher: Union Insurance Company reduced its capital by 30.50% from AED 330.93 million to AED 230 million to offset accumulated losses amounting to AED 142.74 million.The transaction will be executed by utilizing AED 41.80 million from r
Abu Dhabi – Mubasher: Burjeel Holdings has launched four specialist mental health centers under its mental health and wellbeing platform, Alkalma, through the integration of Aspris Healthcare facilities.The centers are located in Dubai’s City Walk an
Abu Dhabi – Mubasher: Aldar Properties generated more than AED 3.50 billion in sales at Fahid Beach Residences and The Beach House, according to a press release.The Fahid Island homes attracted several buyers due to their position as Abu Dhabi’s firs
UAE – Mubasher: Axia Media Group, a UK-based provider of financial and business services, has inaugurated a new office in Dubai to enhance its presence in the Middle East.The launch aligns with the company’s strategy to support its growing client bas
Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) has become the first lender in the MENA region to join the cross-border Interbank Payment System (CIPS) as a direct participant (DP), according to a press release.FAB’s direct participation in CIPS, th
UAE – Mubasher: Serco extended its contract with Dubai Airports at a value of AED 495 million (GBP100 million) to run until December 2030, according to a recent press release.The five-year extension builds on a guest experience partnership over six y
UAE – Mubasher: SaturnX has raised $3 million in seed funding, led by White Star Capital with participation from institutional investors, according to a press release.The funding will support the UAE-based infrastructure provider’s expansion into Sou
Dubai – Mubasher: Taaleem Holdings has signed a sale and purchase agreement to acquire 95% shareholding in Kids First Group Limited (KFG), an early-learning premium education provider in the GCC.The acquisition is expected to boost Taaleem’s expansio
