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20 October 03:18 PM

Global Economy

18 October 12:54 PM Bader Sater: FinTech Forward participation rises 25% as Bahrain positions itself as launchpad for fintechs
By: Ahmed El ShamsyManama – Mubasher: Bader Sater, CEO of Bahrain FinTech Bay, said FinTech Forward continues to build on the momentum established over the past three years, with participant numbers rising by around 20% to 25% in 2026 …
Event
15 October 10:50 PM We believe trust is the foundation of digital commerce – Visa Country Manager ElKaffass
Manama – Mubasher: Ahmed ElKaffass, Country Manager for Bahrain at Visa, spoke to Mubasher.info about different topics, ranging from consumer payment behavior to fraud reduction.On the sidelines of Fintech Forward 2026 in Bahrain, at which …
Global Economy
15 October 04:22 PM FLOOSS CEO in Interview: Our loan volume nears $150m; We rely on AI for funding decisions
By: Ahmed El ShamsyManama – Mubasher Exclusive: Fawaz Ghazal, the CEO of FLOOSS, an Islamic digital financing platform, said the company’s loan volume has reached around $150 million, noting that FLOOSS uses AI and digital data to make …
Banking and Finance
14 October 08:48 PM Interview with DOO CEO: We are building AI agents speaking Gulf dialects; with aim to lead Saudi market
By: Ahmed El ShamsyManama – Mubasher Exclusive: Ali Mohsen, CEO and Co-Founder of DOO, said the company is developing AI agents that can communicate in local dialects for customer service, with a particular focus on the Gulf dialects, to …
Global Economy
14 October 05:49 PM We invested over $100m in technology and currently moving towards AI-powered banking – Interview with NBB Official
By: Ahmed El ShamsyManama – Mubasher Exclusive: Zaina Alzayani, Group Chief Strategy and Sustainability Officer at the National Bank of Bahrain (NBB), said the bank has moved from being technology- and digitally enabled to becoming …
Global Economy
Aramco
14 October 08:04 AM Saudi Aramco administrative building attacked in Dhahran
Riyadh – Mubasher: An administrative building belonging to Saudi Aramco was targeted in an attack in Dhahran in the kingdom’s Eastern Province on 13 October, causing a limited fire, according to the Ministry of Energy.Authorities …
Global Economy
13 October 11:13 PM Elsewedy-Sinohydro JV signs contract for Rabigh 2 IPP expansion project
Riyadh – Mubasher: The joint venture (JV) between Elsewedy Electric PSP and Sinohydro has signed the Engineering, Procurement, and Construction (EPC) contract for the Rabigh 2 Independent Power Plant (IPP) Expansion Project, one of the …
Companies Investments
13 October 05:23 PM IMFC extends Aljadaan term until 2028
Mubasher: The members of the International Monetary and Financial Committee (IMFC) have asked Mohammed Aljadaan, Saudi Arabia’s Minister for Finance, to extend his term as Chair of the Committee, according to an official IMF statement. Saudi …
Banking and Finance
Acwa
13 October 05:01 PM Acwa’s Chairman unveils global investment plans at WPC Energy Conference
Riyadh – Mubasher: Acwa Power Chairman Mohammad Abunayyan reaffirmed the group’s commitment to expanding its investments and overcoming operational challenges in major international markets, including China.Speaking at the World …
Company News
13 October 03:07 PM Fintech Forward 2026 concludes in Bahrain with over 60 strategic agreements
Manama – Mubasher: Fintech Forward 2026, the Gulf region's flagship financial forum which took place at Exhibition World Bahrain, witnessed the signing of more than 60 memoranda of understanding (MoUs), strategic agreements, and key …
Companies Investments
13 October 02:25 PM CEO Al Janahi in Interview: Soon trading will be through BENEFIT, that is why we’ve become Pulse of Bahrain
Mubasher Exclusive - Ahmed El Shamsy – Bahrain: Abdulwahed Al Janahi, CEO of Bahrain’s BENEFIT Company, said the platform has become an essential part of daily life in the Kingdom, with the number of daily visits to the application …
Company News
Aramco
13 October 09:58 AM Aramco expects 2 years to rebuild global oil stocks – CEO
Riyadh – Mubasher: Saudi Aramco President and CEO Amin Nasser said it could take around two years to rebuild global oil inventories amid tightening crude supplies and continued volatility in energy markets, according to Saudi Gazette.Aramco …
Global Economy
Photo Archive
11 October 09:13 AM Avalon Pharma signs exclusive licensing deal for Tirzepatide generic in MENA
Riyadh – Mubasher: Middle East Pharmaceutical Industries Company (Avalon Pharma) inked an exclusive licensing agreement with India-based OneSource Specialty Pharma Limited.Under the terms of the deal signed on 8 October 2026, Avalon Pharma …
Global Economy
11 October 08:32 AM Interview with Taptap Send: Bahrain Is a Centre for Fintech Talent and Innovation, More Than 90% of Our Transfers Arrive Within Minutes
Exclusive to Mubasher – Ahmed El Shamsy – Bahrain – Tino Waked, CEO – Middle East at Taptap Send, said Bahrain represents an important market for the company and stands out as a centre for talent and innovation and a …
Global Economy
11 October 08:21 AM Beyon is working on connecting digital identity systems in region - CEO Budel in interview with Mubasher
By: Ahmed El ShamsyManama – Mubasher: The CEO of Beyon Connect, Richard Budel, said that digital identity has become an essential foundation for building trust in an increasingly digital economy, particularly as more transactions and …
Global Economy
7 October 05:46 PM Bahrain aims to expand national competency base in fintech – CBB Governor
Manama – Mubasher: Khalid Ebrahim Humaidan, the Governor of the Central Bank of Bahrain (CBB) confirmed that the Kingdom is working on expanding the base of national competencies in the fintech sector.Humaidan elaborated that Bahrain has …
Event
7 October 05:18 PM Public, private sectors integration supports future of Bahrain’s digital finance – National Economy Minister
Manama – Mubasher: Shaikh Salman bin Khalifa Al Khalifa, Bahrain’s Minister of Finance and National Economy, emphasized the importance of enhancing trust, innovation, and integrity in shaping the future of digital finance and financial …
Ministries
7 October 10:14 AM Fintech Forward 2026 explores AI, tokenization in Bahrain
Mubasher: Bahrain’s fourth Fintech Forward 2026 kicked off on Wednesday, bringing together more than 40 speakers from Bahrain, the region, and around the world to discuss the future of financial services amid rapid technological and digital …
Event
Almarai
4 October 08:45 AM Almarai logs SAR 1.9bn profits in 9M-26 amid strong revenue growth
Riyadh - Mubasher: Almarai Company logged a net profit of SAR 617.79 million for the third quarter (Q3) of 2026, representing a slight increase of 0.74% compared to SAR 613.24 million. The company’s quarterly revenue grew by 11.43% to SAR 6.19 …
Financial Results
Photo Archive
1 October 02:15 PM Tadawul ratifies amended trading, membership procedures
Riyadh — Mubasher: The Saudi Exchange (Tadawul) announced that its board of directors approved amended trading and membership procedures on 20 September 2026. The updates are designed to develop and improve the existing mechanisms for executing …
Global Economy
Saudi Exchange (Tadawul)
1 October 02:09 PM Tadawul updates market order execution mechanism
Riyadh — Mubasher: The Saudi Exchange (Tadawul) announced an update to the market order execution mechanism for the Main Market and Nomu – Parallel Market to be effective as of Sunday, 4 October 2026. The new mechanism allows market orders to be …
Global Economy
Photo Gallery
24 September 10:45 AM UPN launches consortium at Money20/20 Middle East to drive global payment connectivity
Riyadh – Mubasher: Universal Payment Network (UPN), a FinTra Holding company, has launched the UPN Consortium at Money20/20 Middle East in Riyadh, according to a press release. The platform covers payment networks, banks, financial institutions, …
Company News
Photo Gallery
14 September 04:32 PM Al Jadaan opens 2nd edition of Money20/20 Middle East
Riyadh — Mubasher: Saudi Minister of Finance and Chairman of the Financial Sector Development Program (FSDP) Mohammed Al Jadaan inaugurated the second edition of Money20/20 Middle East in Riyadh. During his speech, Al Jadaan highlighted the …
Event
Photo Archive
14 September 09:25 AM Arabian Drilling expands operations via SAR 2bn deal with SLB
Riyadh — Mubasher: Arabian Drilling has signed a five-year contract valued at approximately SAR 2 billion with Schlumberger Middle East S.A. (SLB). Under the terms of the agreement, the company will provide eight additional land rigs to support …
Companies Investments
Photo Gallery
13 September 01:56 PM stc to sponsor 7th International Disability Conference in Riyadh
Riyadh — Mubasher: Saudi Telecom Company (stc) and the King Salman Center for Disability Research (KSCDR) have signed a strategic agreement for the 7th International Conference on Disability and Rehabilitation, scheduled to take place in Riyadh …
Companies Investments