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10 October 05:11 PM

Stocks News

Najib Khan, Group Chief Business Services Officer at Ooredoo and Ahmed Al Mannai, CEO of Innovatix Systems
28 September 08:18 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, …
Global Economy
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25 September 05:02 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' …
Companies Investments
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25 September 07:43 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
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24 September 06:39 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 …
Companies Investments
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24 September 01:40 PM 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 …
Global Economy
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24 September 08:22 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 …
Banking and Finance
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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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20 August 03:00 AM Jahez secures SAR 150m Sharia-compliant loan from NBB
Riyadh - Mubasher: Jahez International Company for Information System Technology (Jahez) has secured Sharia-compliant credit facilities worth SAR 150 million from the National Bank of Bahrain (NBB).The eight-year financing agreement was signed on 18
Companies Investments
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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
Cash Dividends
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5 August 03:00 AM Ithmaar Holding witnesses lower profits in H1-25; accumulated losses exceed $827m
Mubasher: The net profits of Ithmaar Holding, listed on the Bahrain Bourse as well, dropped to $12.87 million in the first half (H1) of 2025 from $18.48 million in H1-24.The total income declined to $359.09 million in H1-25 from $475.79 million in H1
Sector Reports
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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 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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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
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8 June 09:58 AM Multiply Group supports global expansion plans via MMG
Abu Dhabi – Mubasher: Multiply Group has launched Multiply Media Group (MMG) to fuel its global expansion plans, according to a recent press release. The ADX-listed group united the three market-leading out-of-home (OOH) companies under its …
Global Economy
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5 June 01:49 PM Forbes Middle East, Beltone Holding to launch Top Advisors & Investors Summit
Cairo – Mubasher: Forbes Middle East and Beltone Holding partnered to launch the Top Advisors & Investors Summit, which is set to be held in Cairo during the second half (H2) of 2025, according to a press release. The summit aims to contribute to …
Companies Investments
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4 June 01:25 PM NMDC strengthens regional presence in MENA’s energy sector via stake acquisition deal
Abu Dhabi – Mubasher: NMDC LTS, a wholly owned subsidiary of National Marine Dredging Company (NMDC), acquired a 70% stake of the share capital and voting rights in Emdad, according to a press release This move aligns with NMDC’s strategy to drive …
Global Economy
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28 May 03:00 AM GFH, Kuwait-based real estate firm Al Tijaria to foster GCC logistics sector
Mubasher: GFH Capital, a Saudi subsidiary of GFH Financial Group, partnered with Kuwait-based real estate firm The Commercial Real Estate Company (Al Tijaria) to expand business in the warehousing and logistics sector across Saudi Arabia and the Gulf
Companies Investments
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20 May 09:11 AM TMG Holding boosts regional expansion via development deal with Oman
Cairo – Mubasher: Talaat Moustafa Group Holding Company (TMG Holding) signed a deal with the Omani Ministry of Housing and Urban Planning to develop two projects in Oman, according to a press release. Hisham Talaat Moustafa, Chairman of Talaat …
Companies Investments
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18 May 03:00 AM Ithmaar Holding records drop in quarterly results; accumulate losses cross $827.5m in Q1-25
Mubasher: Ithmaar Holding, listed on the Bahrain Bourse as well, posted lower net profits at $7.41 million in the first quarter (Q1) of 2025, compared to $15.92 million in Q1-24.Total income reached $181.97 million in Q1-25, down from $237.48 million
Sector Reports
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14 May 03:00 AM GFH’s net profits to owners hit $30m in Q1-25
Mubasher: GFH Financial Group logged net profits attributable to the owners valued at $30.14 million in Q1-25, compared to $27.13 million a year earlier.Total income jumped by 4.89% to $170.94 million as of 31 March 2025 from $162.97 million in Q1-24
Sector Reports
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17 April 07:58 PM ADQ, IHC, Modon boost infrastructure development globally via Gridora
Abu Dhabi - Mubasher: ADQ, International Holding Company (IHC), and Modon Holding entered into a joint venture (JV) to form a dedicated infrastructure platform, Gridora, according to a press release. Operating under Modon Holding, Gridora will …
Global Economy
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13 April 12:33 PM Al Ansari Financial Services becomes largest NBFI in GCC via acquisition deal
Dubai – Mubasher: Al Ansari Financial Services concluded its acquisition of BFC Group Holdings after receiving all the required regulatory approvals, according to a press release. The transaction reinforced the DFM-listed company’s position as the …
Mergers and Acquisitions
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13 April 09:14 AM Multiply Group, SMC join forces to accelerate media growth in MENA
Abu Dhabi – Mubasher: Multiply Group has inked a memorandum of understanding (MoU) with Saudi Media Company (SMC) to develop an advanced advertising technology (AdTech) platform. The partnership aims to drive innovation in AI-powered advertising …
Global Economy
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8 April 04:02 PM MENA-focused SRMG launches venture SRMG Media Solutions
Riyadh – Mubasher: Saudi Research and Media Group (SRMG) has launched SRMG Media Solutions (SMS), a next-generation, data-driven media solutions company. The newly launched venture is designed to deliver innovative and results-focused advertising …
Companies Investments