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16 February 2025 07:32 PM stc enters into strategic agreements with global digital entities at LEAP 2025
Riyadh – Mubasher: More than 75 strategic partnerships between Saudi Telecom Company (stc) Group and tech industry giants were signed at LEAP 2025, which concluded on 12 February after lasting for four days, according This year, stc set new …
Global Economy
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16 February 2025 06:50 PM Deloitte delivers strategic announcements at LEAP 2025
Riyadh – Mubasher: Deloitte has reinforced its commitment to driving digital transformation across the region during its participation at the four-day LEAP 2025 event as the Innovation & Emerging Technology Partner of the event for the third …
Companies Investments
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16 February 2025 03:41 PM PIF-owned Diriyah selects IBM’s enterprise asset management solution at LEAP 2025 for more operational efficiency
Riyadh – Mubasher: Diriyah Company has selected IBM Maximo Application Suite (MAS), during its participation at the four-day LEAP 2025 event in Saudi Arabia, to monitor and manage assets across the Diriyah Project, according to a press release. As …
Global Economy
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16 February 2025 01:29 PM stc’s iot squared joins Ericsson at LEAP 2025 to launch platform with Alshaya inaugural customer
Riyadh – Mubasher: Ericsson and Saudi Telecom Company (stc) Group’s iot squared jointly launched Ericsson Connected Recycling platform in Saudi Arabia during the four-day LEAP 2025 event, with Alshaya Group being the inaugural customer. The local …
Global Economy
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16 February 2025 00:48 PM Recently launched upsource partners with Cognizant at LEAP 2025 via 3-year strategic agreement
Riyadh – Mubasher: upsource by solutions has teamed up with Cognizant through a three-year strategic partnership that was signed at LEAP 2025 to reshape business process outsourcing (BPO) in Saudi Arabia and beyond, according to a press release. …
Global Economy
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16 February 2025 08:35 AM Bitcoin miner Phoenix Group’s global expansion prompts 236% higher revenues in 2024
Abu Dhabi – Mubasher: The revenues of Phoenix Group hiked by 236% year-over-year (YoY) in 2024, anchoring the company’s position as a driving force in the global digital asset ecosystem. The group registered $107 million in mining revenue as of 31 …
Companies Investments
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13 February 2025 09:16 PM Listed digital solutions provider Elm concludes participation in LEAP 2025 with multiple strategic agreements
Riyadh – Mubasher: Elm Company concluded its participation in LEAP 2025, which was held in Saudi Arabia from 9 to 12 February, where it showcased a wide range of its innovative digital solutions. Elm signed multiple strategic agreements with …
Companies Investments
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13 February 2025 08:43 PM Unifonic showcases customer service tools at LEAP 2025
Riyadh – Mubasher: The Middle East’s Software as a Service (SaaS) provider Unifonic has showcased its AI-powered conversational platform to help elevate customer engagement and operational efficiency during its participation at LEAP 2025 in the …
Event
SAL's Al Sheikh and stc's VP of Enterprise Accounts, Abdulaziz Al Haydar,
13 February 2025 07:15 PM Al Sheikh says deal with stc at LEAP 2025 is part of SAL’s customer-centric strategy
Riyadh – Mubasher: SAL Logistics Services’ recent memorandum of understanding (MoU) with Saudi Telecom Company (stc) Group is part of SAL’s customer-centric strategy and marks an important step towards enhancing the efficiency of logistics …
Global Economy
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13 February 2025 05:31 PM Mobily unveils over SAR 3.4bn investment during LEAP 2025 to support Saudi digital infrastructure
Riyadh – Mubasher: Technology, media, and telecommunications (TMT) company Etihad Etisalat Company (Mobily), recently announced an investment of $905 million, equivalent to more than SAR 3.40 billion, in data centres and submarine cables. The …
Companies Investments
UAE Ministry of Finance
13 February 2025 04:39 PM UAE Cabinet issues decision on multinational top-up tax for businesses
UAE – Mubasher: The UAE Ministry of Finance recently announced the issuance of Cabinet Decision No. 142 of 2024 which covers the introduction of the top-up tax for multinational enterprises, providing further details on the UAE Domestic Minimum …
Macroeconomics
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13 February 2025 03:56 PM Ericsson concludes LEAP 2025 participation in line with mobile network expansion for Beyon’s subsidiary
Riyadh – Mubasher: Ericsson has showcased its technologies and innovation leadership under the theme ‘Step Forward: Discover the Unfolding Future’ at LEAP 2025, which concluded on 12 February at the Riyadh Exhibition and Convention Center. The …
Companies Investments
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13 February 2025 01:23 PM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: According to 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 …
Banking and Finance
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13 February 2025 06:01 AM Modon Holding’s global expansion drives 637% higher revenues in 2024; profits exceed AED 9.3bn
Abu Dhabi – Mubasher: Modon Holding generated AED 9.38 billion in net profit during 2024, compared to AED 573.95 million in 2023, as per the consolidated financial results. The group registered 637% year-on-year (YoY) higher revenues at AED 6.51 …
Global Economy
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13 February 2025 05:49 AM Agthia Group’s profits surge in 2024; Egyptian operations expand despite EGP devaluation
Abu Dhabi – Mubasher: Agthia Group achieved net profits worth AED 321.83 million in 2024, an annual growth of 7.40% from AED 299.57 million, as per the unaudited income results. Net revenues increased by 7.70% year-on-year (YoY)  to AED 4.91 …
Financial Results
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12 February 2025 10:50 PM Elm joins forces with Lean Business Services at LEAP 2025 to advance digital transformation
Riyadh – Mubasher: Elm Company has signed a memorandum of understanding (MoU) with Lean Business Services to strengthen Saudi Arabia's healthcare sector and related industries through a wide array of innovative digital services and products. The …
Event
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12 February 2025 09:54 PM LG Electronics becomes direct B2B partner of Saudi ICT provider GAPP upon MoU at LEAP 2025
Riyadh – Mubasher: Global tech manufacturer LG Electronics has announced a memorandum of understanding (MoU) during the LEAP 2025 event with Gulf Applications (GAPP), a provider of innovative ICT and technical solutions in Saudi Arabia to supply …
Global Economy
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12 February 2025 07:49 PM Elm to raise ownership in Smart National Solutions upon sheet signed during LEAP 2025
Riyadh – Mubasher: Digital solutions provider Elm Company has signed a preliminary term sheet to increase its ownership in Smart National Solutions (SNS) to 40%, according to a press release. This strategic move, which was announced on the …
Global Economy
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12 February 2025 00:54 PM PIF launches 3rd edition of Private Sector Forum in Riyadh
Riyadh – Mubasher: The Public Investment Fund (PIF) has launched its third Private Sector Forum, along with an accompanying exhibition, at Riyadh’s King Abdulaziz International Conference Center. The forum, which is being held during 12-13 …
Companies Investments
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12 February 2025 10:55 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: According to 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 …
Mutual Funds
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12 February 2025 09:01 AM Madkhol, lite secure funding rounds at LEAP 2025
Riyadh – Mubasher: Madkhol Capital, a fintech company specialised in Robo advisory, raised $2.20 million in a Seed investment round led by numu Angels Investment Community, Saudi Gazette reported. The fundraising transaction was announced on the …
Global Economy
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12 February 2025 08:05 AM LAHINT closes $1m pre-seed funding round at LEAP 2025
Riyadh – Mubasher: Saudi Arabia-based LAHINT e-services platform has closed a $1 million pre-seed funding round from undisclosed investors on the second day of the LEAP 2025 tech conference in Riyadh. Founded in 2023, LAHINT will use the funding …
Global Economy
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11 February 2025 07:15 PM Elm aims to leverage LEAP 2025 reputation as global platform while partaking as Strategic Sponsor
Riyadh – Mubasher: Elm Company is demonstrating its wide range of cutting-edge platforms and innovations as a strategic sponsor of LEAP 2025 while aiming to leverage the event’s robust reputation as a global platform that attracts creative minds …
Global Economy
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11 February 2025 07:14 PM NWC pens 3 MoUs at LEAP 2025 to drive digital transformation
Riyadh – Mubasher: The National Water Company (NWC) inked three memoranda of understanding (MoU) with several leading global and local firms on the sidelines of the LEAP 2025 tech conference in Riyadh. The deals aim to enhance digital …
Companies Investments
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11 February 2025 06:27 PM SAL inks MoU with stc following agreement with Saudi MDA at LEAP 2025
Riyadh– Mubasher: SAL Saudi Logistics Services Company has signed a memorandum of understanding (MoU) with Saudi Telecom Company (stc) at the LEAP 2025 conference. The joint agreement aims at bringing innovative AI-based and Internet of Things …
Event