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: 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
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
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
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
Riyadh - Mubasher: The Saudi National Bank (SNB) intends to issue USD-denominated Tier 2 capital notes under its Euro Medium Term Note (EMTN) program. The proceeds aim to enhance the bank’s Tier 2 capital and boost its financial as well as …
Cairo – Mubasher: The African Development Bank Group (AfDB) has approved a financing package of up to $184.10 million for Africa’s largest solar energy and battery storage project, according to a press release. The funding will be used to support …
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 …
Abu Dhabi – Mubasher: Tristar, a subsidiary of Agility Global, has penned a new credit facility with several regional and international banks for an amount of $255 million. The facility deal holds a maturity period of 18 months with an extension …
Abu Dhabi – Mubasher: International Holding Company (IHC) has launched Reinsurance Intelligence Quotient (RIQ), the newly named global reinsurance platform based in Abu Dhabi Global Market (ADGM). The new brand supports the objectives of IHC, …
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 …
Abu Dhabi – Mubasher: Agility Global has signed a credit facility agreement with a regional bank for a total amount of $500 million, according to a bourse filing. The facility, which has a maturity period of three years, will be used to fund …
Abu Dhabi – Mubasher: Nasdaq Dubai welcomed the listing of a $500 million Additional Tier 1 (AT1) Sukuk offered by Sharjah Islamic Bank, according to a press release. The perpetual, non-call six-year AT1 Capital Certificates were issued by the …
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 …
Dubai – Mubasher: Emirates NBD partnered with global technology leader Siemens to finance large-scale green infrastructure projects and support decarburization in the UAE, according to a press release. In line with the UAE’s Net Zero by 2050 …
Dubai – Mubasher: Mashreq Bank listed a $500 million Sukuk on Nasdaq Dubai through Mashreq Al Islami Sukuk Company Limited, according to a press release. Issued under Mashreq’s $2.50 billion Trust Certificate Issuance Program, the offering is …
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 …
Cairo – Mubasher: AMEA Power commissioned its 500 megawatt (MW) wind power plant in Egypt, the largest operational wind farm in Africa, according to a press release. Located in Ras Ghareb in the Red Sea Governorate, the facility anchors Egypt’s …
Cairo – Mubasher: First Abu Dhabi Bank Misr (FABMISR), a unit of the UAE-listed FAB, has led a syndicated loan worth EGP 4.20 billion for Redcon Properties, according to a press release. The loan will be used to finance the execution of the …
Abu Dhabi – Mubasher: Al Seer Marine Supplies and Equipment Company has partnered with B International Shipping & Logistics, an affiliate of top energy trader BGN, to launch a joint venture ‘ASBI Shipping FZCO’. This new JV will own and operate …
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 …
Abu Dhabi – Mubasher: National Bank of Umm Al Qaiwain (NBQ) generated AED 185.78 million in net profit after tax during the first quarter (Q1) of 2025, up 6% from AED 175.73 million in Q1-24.Basic and diluted earnings per share (EPS) hit AED 0.09 in
