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8 October 04:00 AM World Bank lifts growth forecast for Middle East region in 2025
Mubasher: The World Bank has lifted its growth outlook for the region encompassing the Middle East, North Africa, Afghanistan and Pakistan (MENAAP) for 2025, with expected growth reaching 2.8% in 2025 and 3.3% in 2026.Nonetheless, global uncertainty,
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7 October 04:00 AM Blackstone, Lunate roll out $5bn GCC logistics platform
UAE - Mubasher: Blackstone, the world’s largest alternative asset manager, and Abu Dhabi's Lunate, which manages over $110 billion, joined forces to invest in logistics assets across the GCC.The partnership will form Gulf Logistics Infrastructure Dev
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6 October 04:00 AM Port Clubs signs SAR 22m lease for new Riyadh fitness centers
Riyadh - Mubasher: Sport Clubs Company signed a land lease contract worth SAR 22.01 million to build two fitness centers at King Fahd Medical City in Riyadh, according to a bourse filing.Located in Al-Sulaymaniyah District, the new clubs will operate
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6 October 04:00 AM NMDC to expand large-scale dredging project in Philippines
Abu Dhabi – Mubasher: National Marine Dredging Company (NMDC) has signed a contract with the Pasay Harbor City Corporation (PHCC) to undertake large-scale dredging and land reclamation activities in Manila Bay, Philippines.The deal, valued at $610.10
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5 October 04:00 AM UAE’s PMI up to 54.2 in September
UAE - Mubasher: The seasonally adjusted S&P Global UAE Purchasing Managers’ Index (PMI) grew to 54.2 in September 2025 from 53.3 in August, according to the latest S&P Global PMI data.The survey reflected the strongest improvement in the UAE’s non-oi
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5 October 04:00 AM IHC strengthens global portfolio through $1bn investment in India’s Sammaan Capital
Abu Dhabi – Mubasher: International Holding Company (IHC) has entered into an agreement to invest $1 billion in Sammaan Capital Limited, a publicly listed company on the Bombay Stock Exchange and the National Stock Exchange of India.The Indian compan
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2 October 04:00 AM Egypt’s residential market attracts $1.4bn in private capital baked by UAE, KSA
Cairo - Mubasher: Egypt’s real estate market drew $1.40 billion in private capital as demand surges, emerging as one of MENA’s fastest-growing markets.The country now ranks third in construction activity after Saudi Arabia and the UAE, according to K
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1 October 04:00 AM Spinneys enters Southeast Asia market through Ayala’s JV
Dubai - Mubasher: Spinneys formed a joint venture (JV) with Filipino conglomerate Ayala Corporation to open stores in the Philippines, marking its first expansion into Southeast Asia.Under the deal, Ayala will hold a 60% stake in the JV, with Spinney
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1 October 04:00 AM Iliad Partners closes $50m fund to accelerate growth of MENA startups
UAE - Mubasher: UAE-based venture capital firm Iliad Partners announced the second closing of its $50 million Iliad Partners Tech Ventures Fund I, featuring Eurobank, National Bank of Greece, and Piraeus Bank.This marks the first VC investment in MEN
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30 September 04:00 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 custome
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29 September 05:30 PM Biban Forum 2025 to kick off in Riyadh next November
Riyadh - Mubasher: Saudi Arabia is set to host Biban Forum 2025, the Kingdom’s flagship event for startups, small and medium enterprises (SMEs), and innovators. Organized by the Small and Medium Enterprises General Authority (Monsha’at), the event …
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29 September 04:23 PM UAE launches multi-billion housing projects
UAE - Mubasher: The UAE has launched several housing projects in 2025 to boost family stability and enhance living standards, according to the Emirates News Agency (WAM). The Sheikh Zayed housing program approved 2,971 housing applications at a …
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29 September 03:09 PM ONE Development enters Egyptian market to expand regional expansion
Cairo - Mubasher: UAE-based ONE Development has officially entered Egypt's real estate market with the launch of DO New Cairo, according to a press release. In partnership with global music icon Amr Diab, the flagship hospitality project’s …
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29 September 12:54 PM 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 and USD, as of 28 …
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28 September 09:52 PM GCC’s tourism sector records $247.1bn in 2024
Mubasher: The value added by the travel and tourism sector to the gross domestic product (GDP) of the GCC nations increased by 31.90% to $247.10 billion in 2024, when compared to 2019. The sector’s contribution to the region’s GDP is expected to …
Najib Khan, Group Chief Business Services Officer at Ooredoo and Ahmed Al Mannai, CEO of Innovatix Systems
28 September 09:18 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 01:10 PM AngelAi launches in Saudi Arabia, eyes GCC expansion
Riyadh - Mubasher: AngelAi, the world’s first empathetic AI platform for financial services, has launched in Saudi Arabia, according to a press release. The platform provides the Saudi banks and investors with access to AI-powered growth anchored …
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28 September 12:40 PM 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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28 September 10:51 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 and USD, as of 27 …
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25 September 08:42 PM Riyadh-based DOO closes $1.7m to expand in GCC region
Riyadh - Mubasher: AI-powered customer experience platform DOO has secured $1.70 million in a funding round led by Merak Capital, with participation from Plus VC and other regional investors. Through the fresh funding, DOO will accelerate product …
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25 September 06:02 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 04:30 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 03:46 PM MNT-Halan launches Egypt’s 1st secured digital lending solution
Cairo - Mubasher: MINT-Halan, MENA’s leading fintech platform, has launched Egypt’s first secured lending solution offered by a non-banking financial institution. The new service will enable customers to instantly access up to 80% of their …
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25 September 02:25 PM 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 and USD, as of 24 …
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25 September 01:17 PM Buttermilk launches Riyadh office to expand regional footprint
Riyadh - Mubasher: Buttermilk, a global creator agency, has launched its first office in Riyadh to expand its Middle East presence and support Saudi Arabia’s fast-growing creator economy. The new hub will be led by Marketing & PR Strategist …