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Najib Khan, Group Chief Business Services Officer at Ooredoo and Ahmed Al Mannai, CEO of Innovatix Systems
28 September 03:00 AM 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, Tunis
Global Economy
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11 September 03:00 AM GFH Partners’ Manrre REIT launches high-bay logistics facility in UAE
Dubai - Mubasher: Manrre REIT, managed by GFH Partners Limited, joined forces with Palmon Group FZCO to construct a logistics facility in North Jafza.The 144,000 square feet project will be one of the UAE’s first high-bay and temperature-controlled w
Companies Investments
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19 August 03:00 AM Egypt Kuwait Holding’s consolidated net profits up to $101m in H1-25
Cairo - Mubasher: Egypt Kuwait Holding (EKH) logged an annual growth of 1% in consolidated net profits to $101 million in the first half (H1) of 2025, versus $100 million.The EGX-listed company registered 32% year-on-year (YoY) higher revenues at $39
Sector Reports
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17 August 03:00 AM GFH’s profits to owners surpass $67m in H1-25; dividends proposed
Mubasher: The net profits attributable to the shareholders of GFH Financial Group jumped by 10.69% to $67.23 million in the first half (H1) of 2025 from $60.74 million a year earlier.Total income hit $357.06 million in H1-25, up 7.48% year-on-year (Y
Sector Reports
AJEX Logistics Services
13 August 03:00 AM Middle East-focused AJEX expands B2C services across GCC countries
Riyadh – Mubasher: AJEX Logistics Services, a Saudi-headquartered Middle East specialist in e-commerce distribution and logistics solutions, has expanded its B2C Full Mile and Last Mile delivery services to a number of GCC countries.The newly added A
Global Economy
Asian Infrastructure Investment Bank (AIIB)
20 July 03:00 AM AIIB endorses regional ties as Kuwait becomes a member
Mubasher: The Asian Infrastructure Investment Bank (AIIB) announced that Kuwait has joined the membership after it completed its ratification process on 26 May 2025, in a move that strengthens the bank’s footprint in the region.As one of the first Fo
Delistings
Jazeera Airways
16 July 03:00 AM Jazeera Airways resumes direct flights to Saudi destination
Mubasher: Jazeera Airways has relaunched tree weekly direct flights to Abha in Saudi Arabia, according to an official statement.Abha is Jazeera Airways’ seventh destination in Saudi Arabia. Meanwhile, the resumption of this direct route between Kuwai
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9 July 03:00 AM Alpaca, Kuwait-based ZAD boost Shariah-compliant investments globally
Mubasher: Alpaca, a US-headquartered self-clearing broker-dealer and brokerage infrastructure for stocks, ETFs, options, and fixed income, partnered with Kuwait-based digital investment platform ZAD to expand access to Shariah-compliant investment pr
Global Economy
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24 June 03:00 AM Asas Makeen, Kuwait’s Securities House to boost Saudi Arabia’s real estate sector
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
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15 June 02:03 PM AfDB supports Africa’s largest solar energy project via $184m funding
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 …
Global Economy
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15 June 11:17 AM AD Ports, Bahrain’s ASRY join forces to support maritime sector in GCC
Abu Dhabi – Mubasher: Abu Dhabi Ports Company (AD Ports) inked three heads of terms (HoTs) with Bahrain-based Arab Shipbuilding and Repair Yard Company (ASRY)for strategic maritime and ports projects. The two parties seek to set up a joint venture …
Companies Investments
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15 June 08:47 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 …
Mutual Funds
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15 June 07:42 AM G42 expands global footprint via G42 Europe & UK subsidiary in London
UAE – Mubahser: Emirati AI and advanced technology group G42 has a subsidiary in London, G42 Europe & UK, to focus on delivering tailored AI solutions to Europe and the UK's private sector, according to Emirates News Agency (WAM). Co-chaired by …
Companies Investments
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15 June 07:05 AM Kumulus Water expands off-grid water tech in Europe, MENA via $3.5m funding
Mubasher: Paris-based climate-tech startup Kumulus Water has raised $3.50 million in a seed round to scale its off-grid water production technology in Europe and the MENA region. The funding transaction was led by Bpifrance via France 2030 SGPI …
Global Economy
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15 June 06:47 AM IHC launches ADGM-based RIQ to redefine global reinsurance landscape
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, …
Companies Investments
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12 June 09:06 PM Saudia launches direct flights between Riyadh, Vienna to boost global connectivity
Riyadh – Mubasher: Saudia has inaugurated its first direct and scheduled flights from Riyadh to Vienna, the capital of Austria, according to a press release. Launched in collaboration with the Air Connectivity Program (ACP), the strategic route …
Global Economy
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12 June 06:37 AM DHL Group fuels regional expansion plans via EUR 500m investments
Mubasher: DHL Group, the world's leading logistics provider, plans to invest more than EUR 500 million in the Middle East, mainly focusing on Saudi Arabia and the UAE, according to a press release. The group aims to inject the investment between …
Global Economy
Founders of Qanooni
12 June 05:44 AM Dubai-based regtech Qanooni closes $2m funding round to drive regional expansion
UAE – Mubasher: Dubai-based legal technology startup Qanooni has raised $2 million in a pre-seed round led by Village Global, Oryx Fund by Salica Investments, TA Ventures, and strategic angels. The startup will utilize the capital to accelerate …
Global Economy
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11 June 10:41 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 …
Global Economy
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10 June 02:58 PM Nettlestone Capital Advisors expands regional footprint via DIFC office
UAE – Mubasher: Nettlestone Capital Advisors, a senior-led advisory and capital raising firm, officially launched its business in the Dubai International Financial Centre (DIFC), according to a press release. The group offers a combination of …
Companies Investments
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10 June 10:56 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 …
Global Economy
Photo Gallery
9 June 03:38 PM Wipro launches new regional office in Riyadh
Riyadh – Mubasher: Wipro Limited has relocated its Middle East regional headquarters from Al Khobar to Riyadh, according to a press release. The new office supports Wipro’s growing presence in the region, which includes offices in Riyadh, Al …
Companies Investments
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9 June 01:18 PM Aldar to launch region’s 1st King’s College School Wimbledon in Abu Dhabi
Abu Dhabi – Mubasher: Aldar Properties joined forces with King’s College School Wimbledon to establish its first regional campus on Abu Dhabi’s Fahid Island, according to a press release. After securing regulatory approvals, the new K-12 …
Companies Investments