Startups in the Middle East raise $375 million in February… Saudi Arabia is at the fore

Riyadh – Mubasher: Startups in the Middle East and North Africa region earned $375 million through 81 deals in February 2022, an increase of 51.6% month-on-month, and 134% year-on-year.. A report by Wamda, in cooperation with the Digital Brief, revealed that Saudi startups had the largest share of this total, as they obtained $219 million … Read more

Qatar Navigation’s general assembly approves the distribution of cash dividends

Doha – Mubasher: The Ordinary General Assembly approved Qatar Navigation Company The Board of Directors’ recommendation to distribute cash dividends of 30% of the nominal value of the share, at a rate of 0.3 Qatari riyals per share. And according to a statement to the Qatar Stock Exchange yesterday, the process of distributing profits will … Read more

Yanbu Cement profits fall 43.2% in 2021 due to a decline in selling prices

Riyadh – Mubasher: The financial results of Yanbu Cement Company revealed a 43.2% decline in net profits during 2021, compared to the previous year, in light of the decline in average selling prices. According to company data on Saudi Tadawul, today, Sunday, the net profit after zakat and tax fell to 159.56 million riyals, compared … Read more

A passenger in an abnormal condition tries to open the door of a Qatari plane at an altitude of 12,000 meters

Al-Marsad newspaper: A video clip circulating on Twitter documented the moment a passenger in an abnormal condition attempted to open the door of a Qatari plane bound for Morocco at an altitude of 12,000 meters. The video showed the passenger standing next to the plane door and arguing with the flight attendants alongside other passengers … Read more

Aramco announces the opening of registration for employment applications for high school holders and above..and reveals the conditions and method of application

Al-Marsad newspaper: Aramco announced the opening of registration for direct employment applications for the year 2022 AD, through the new recruitment system for the two tracks: “newly graduated and experienced” for the “high school, diploma, bachelor” campaign, according to the following details: First: Fresh graduate candidates (for bachelor’s holders without experience or with no more … Read more

GlaxoSmithKline shareholders approve sale of £1.18 billion healthcare assets

Cairo – Mubasher: The Extraordinary General Assembly of GlaxoSmithKline approved, by 99.99% of the votes of the attending shareholders after excluding the main shareholder’s vote, the sale of movable consumer healthcare assets (not including real estate and machinery) and intangible assets. The company added, in a statement to the Egyptian Stock Exchange, today: “It is … Read more

An investigation has been opened regarding the awarding of a prominent Saudi businessman to the highest British honor through money • Al-Marsad newspaper

Al-Marsad newspaper: The British Metropolitan Police announced today, Wednesday, that: On opening an investigation into an alleged case of paying the Prince Charles Charitable Foundation in exchange for honoring a prominent Saudi businessman. The police said, in a press statement: “The investigation began after allegations that “offers of assistance were made to secure honors and … Read more

Pachá defends the Cofides loan to grow and bill 170 million in 2025 | Companies

Pacha It will use the 18 million in financing granted by the Government, through the Cofides recapitalization fund, to “strengthen the group’s financial position, be able to continue operating and continue to grow when we overcome the pandemic.” This is stated by its president, Manuel Garí, in conversation with this newspaper, after the Ministry of … Read more