Morocco
Mubasher TV
 Contact Us Advertising   العربية
Morocco
CSE Closed
30 May 03:12 AM

Gulf news

Photo Archive
25 September 2025 05:17 AM Aldar’s AIP raises $290m via green sukuk taps
Abu Dhabi - Mubasher: Aldar Investment Properties (AIP), a subsidiary of Aldar Properties, has raised $290 million through taps on its green sukuks maturing in 2034 and 2035. The offering was 2.8x oversubscribed, drawing $830 million in orders, …
Banking and Finance
Photo Gallery
25 September 2025 04:51 AM PayPal commits $100m to advance digital commerce in MEA
Mubasher: US-based PayPal Holdings plans to invest $100 million across the Middle East and Africa (MEA) to drive innovation, support entrepreneurs, and promote growth in digital commerce. The investment will be deployed through a mix of minority …
Companies Investments
Photo Gallery
25 September 2025 04:43 AM Space42 to launch UAE’s 1st sovereign mobility cloud
Dubai - Mubasher: Space42 is developing the UAE’s first Sovereign Mobility Cloud, powered by Core42’s Public Cloud on Microsoft Azure. The platform will speed up autonomous mobility deployment while keeping data secure and UAE-compliant, according …
Global Economy
Photo Archive
24 September 2025 04:42 PM ADNOC Distribution to pay $350m cash dividends for H1-25
Abu Dhabi – Mubasher: ADNOC Distribution has announced an interim dividend of $350 million (AED 1.28 billion) for the first half (H1) of 2025, equivalent to 10.28 fils per share. This aligns with the group’s commitment to delivering sustainable …
Cash Dividends
Photo Archive
24 September 2025 03:39 PM e7 Group, 7I Holding to scale sovereign technology solutions globally
Abu Dhabi - Mubasher: e7 Group has entered into a strategic partnership with 7I Holding, the regional affiliate of Swiss-based SICPA, to expand global reach in secure and sovereign solutions. The collaboration aims to develop and promote sovereign …
Global Economy
Photo Archive
24 September 2025 10:46 AM 2P Perfect Presentation awarded SAR 100m project contract
Riyadh - Mubasher: Perfect Presentation for Commercial Services Company (2P Perfect Presentation) has been awarded a SAR 100 million contract by the General Organization for Social Insurance (GOSI). The deal, which covers the establishment of …
Companies Investments
Photo Gallery
24 September 2025 10:40 AM Presight, Shorooq launch $100m global AI innovation fund
Abu Dhabi - Mubasher: Presight AI Holding and Shorooq Partners have launched a $100 million global AI innovation fund to back next-generation artificial intelligence ventures worldwide. The joint fund will focus on startups in fintech, energy, and …
Companies Investments
Photo Archive
24 September 2025 09:02 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 23 …
Mutual Funds
Photo Gallery
24 September 2025 08:01 AM Aldar ups stake in Aldar Estates to 82.5% following Modon Holding’s exit
Abu Dhabi - Mubasher: Aldar Properties increased its ownership in the Aldar Estates platform, the region’s largest integrated real estate services company, with over AED 3 billion worth of active contracts The group acquired Modon Holding’s 17.45% …
Real estate
Basma Berti, VP for Visa Consulting & Analytics, and Nour Taher, Co-Founder and CEO of intella
24 September 2025 07:19 AM Visa, intella partner to deliver Arabic-first conversational AI across MENA
Mubasher: intella, the deep-tech leader in Arabic-first speech intelligence, joined forces with Visa to revolutionize conversational AI for financial institutions across the MENA region, according to a press release. The partnership aims to …
Companies Investments
Photo Gallery
24 September 2025 06:41 AM Talabat announces $202m interim dividend for H1-25
Dubai – Mubasher: Talabat Holding announced the board’s approval for disbursing an interim dividend of 3.18 fils per share, equivalent to $202 million in total. This interim dividend represents a 90% payout ratio of reported net income for the …
Cash Dividends
Photo Gallery
24 September 2025 06:06 AM HyperPay pens MoUs with Mastercard, Mozn at Money20/20 Middle East
Riyadh – Mubasher: HyperPay, the Saudi payments services provider in the MENA region, signed strategic memorandums of understanding (MoUs) with Mastercard and Mozn at the Money 20/20 Middle East conference. These partnerships are expected to …
Global Economy
Photo Archive
24 September 2025 05:40 AM Academy of Learning’s board proposes 50% capital hike, dividends for FY24/25
Riyadh - Mubasher: The board of Academy of Learning Company has recommended a 50% capital increase to SAR 135 million from SAR 90 million through the issuance of bonus shares. The proposed increase will be implemented by capitalizing SAR 45 …
Board of Directors
Photo Gallery
24 September 2025 05:22 AM SNB rolls out new SME financing platform via partnership with Tarabut, Geidea
Riyadh - Mubasher: Saudi National Bank (SNB) partnered with Tarabut and Geidea to launch a first-of-its-kind point-of-sale (POS) lending solution for small and medium enterprises (SMEs). Powered by Tarabut and delivered through Geidea, the …
Companies Investments
Photo Archive
10 August 2025 03:54 PM GASCO posts 15% decline in H1-25 net profits
Riyadh - Mubasher: National Gas and Industrialization Company (GASCO) delivered a 15.15% drop in net profit to SAR 115.90 million during the first half (H1) of 2025, compared to SAR 136.60 million in H1-24. Revenues reached SAR 1.57 billion in the …
Financial Results
Photo Archive
1 July 2025 00:00 AM SAB intends to issue SAR-denominated Tier 1 Sukuk
Riyadh - Mubasher: Saudi Awwal Bank (SAB) plans to issue SAR-denominated Tier 1 Sukuk through a private placement in Saudi Arabia, according to a bourse filing.In line with its Additional Tier 1 Sukuk issuance program, the offering aims to strengthen
Companies Investments
Photo Gallery
1 July 2025 00:00 AM NWC to implement 23 projects in Madinah at SAR 814m
Riyadh – Mubasher: The National Water Company (NWC), represented by its Northwest Cluster, commenced the development of 23 water and environmental projects in Madinah at a value exceeding SAR 814 million.The project schemes aim to expand service cove
Companies Investments
Photo Gallery
1 July 2025 00:00 AM Umm Al Qura signs tripartite deal for SAR 1.4bn real estate fund
Riyadh - Mubasher: Umm Al Qura for Development and Construction, the owner, developer and operator of Masar Destination, plans to launch a real estate private fund with an estimated capital of SAR 1.40 billion.The company penned a tripartite memorand
Real estate
Ali Al Najjar, COO of Al Ansari Exchange
30 June 2025 00:00 AM Al Ansari Exchange launches digital issuance for prepaid cards
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
Companies Investments
Photo Archive
30 June 2025 00:00 AM Zain KSA, Horizon Food name new CEOs
Riyadh - Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) appointed Saad bin Abdulrahman Al Sadhan as its CEO as of 1 July 2025, according to a bourse filing.The appointment follows a board resolution issued on 29 June, which conclu
Management Decisions
Photo Archive
30 June 2025 00:00 AM Saudi Arabia’s net FDI inflows hike 44% in Q1-25 – GaStat
Riyadh - Mubasher: The net foreign direct investment (FDI) inflows into Saudi Arabia jumped by 44% year-on-year (YoY) to SAR 22.20 billion in the first quarter (Q1) of 2025, according to the General Authority for Statistics (GaStat).On a quarterly ba
Politics
Photo Gallery
30 June 2025 00:00 AM Dubai-based Autoworld invests AED 45m in Jafza facility to drive regional growth
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
Companies Investments
Photo Gallery
30 June 2025 00:00 AM Multiply Group sells PAL Cooling Holding to Tabreed, CVC DIF for AED 3.8bn
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
Mergers and Acquisitions
Photo Gallery
30 June 2025 00:00 AM ADNOC Drilling wins $800m contract award for oilfield services
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
Companies Investments
Photo Archive
29 June 2025 00:00 AM Umm Al Qura sells land plot in Masar project for SAR 256m
Riyadh - Mubasher: Umm Al Qura for Development and Construction, the owner, developer and operator of Masar Destination, has signed a land sale deal worth SAR 255.76 million.The transaction covers a 2,500 square meter plot within the Masar project in
Real estate