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
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
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 as of 30 June 2025, co
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
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
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
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 as of 29 June 2025.Fun
Cairo – Mubasher: Egypt’s real gross domestic product (GDP) growth accelerated to 4.77% in the third quarter (Q3) of fiscal year (FY) 2024/2025, up from 2.2% in Q3 of FY23/24.Minister of Planning, Economic Development, and International Cooperation R
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at EGP 65 billion through two auctions on Monday, 30 June, according to official data.The first auction was valued at EGP 25 billion and will mature in 91 days on 30 Se
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
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
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
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
Cairo – Mubasher: Secure Assets for Fixed Earnings(SAFE), the real estate investment platform of Madinet Masr Housing and Development, has handled transactions totaling EGP 300 million in inventory value.SAFE facilitated the sale of more than 5,600 p
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
Riyadh – Mubasher: Arabian Internet and Communications Services Company (solutions) and Saudi Telecom Company (stc) joined forces to build a private cloud as part of the IT infrastructure modernization and hyperscaler partnership project.The two part
Mubasher: Air Arabia and Saudia have expanded their operations in Russia to enhance global connectivity, according to press releases.The Emirati low-cost airline inaugurated its new route to Sochi with a frequency six weekly flights, marking the sixt
Cairo – Mubasher: U Consumer Finance (Valu) has closed its 16th securitized bond issuance, valued at EGP 858.90 million, in collaboration with EFG Hermes, an EFG Holding Company.The issuance marks the sixth under Valu’s EGP 16 billion securitization
Cairo – Mubasher: Sakan Developments has launched its flagship project, Park-U, in El-Shorouk City, with investments exceeding EGP 4.80 billion, according to a press release.The launch is part of the group’s expansion plan aimed at creating integrate
Riyadh- Mubasher: The board of Nayifat Finance Company approved cash dividends valued at SAR 39.28 million, representing 3.30% of the company’s SAR 1.20 billion capital, for the fourth quarter (Q4) of 2024 and Q1-25.The Saudi-listed firm will distrib
Riyadh – Mubasher: Italy-based Pronur has launched its business in Saudi Arabia to advance renewable energy solutions across the Kingdom, according to a press releaseEstablished in 2021, Pronur works with major local and global entities, including ED
UAE – Mubasher: The UAE and China launched the Qingdao Overseas Integrated Service Centre at the China-Arab Business Forum that was recently held in Qingdao, according to a press release.Organized by the Qingdao Municipal People’s Government and Chin
Cairo – Mubasher: The Central Bank of Egypt (CBE) announced treasury bills (T-bills) valued at EGP 80 billion through two tranches on Sunday, 29 June, according to official data.The first auctions stood at EGP 35 billion and will mature in 182 days o
Riyadh - Mubasher: Saudi Advanced Industries Company (SAIC) has appointed Abdullah Mohammed Al Homaidi as the board’s Chairman for the next four years.Mohammed Shbeeb Al Mutlaq was named as the Vice Chairman, according to a bourse disclosure.The two
Cairo – Mubasher: Tasaheel, part of MNT-Halan, has completed Egypt’s first securitization issuance, with a total value of EGP 4.70 billion across six tranches.The issuance was rated ‘P1’ for short-term tranches and ‘A-‘ for long-term tranches by Midd
