Tawasul
Mubasher TV
Contact Us Advertising   العربية

Local Economy

Photo Archive
1 December 02:50 PM Egypt’s state grains buyer offers 10K tonnes of Russian wheat via EMX
Cairo - Mubasher: Egypt’s Ministry of Supply and Internal Trade said that the General Authority for Supply Commodities (GASC) offered on 30 November 2022 a total of 10,000 tonnes of imported Russian wheat, Ahram Gate reported on Thursday. The …
Photo Archive
1 December 11:07 AM OIC member states log $63bn trade deficit for halal economy products in 2021
Mubasher: The member states of the Organisation of Islamic Cooperation (OIC) have registered a trade deficit of $63 billion for halal economy products in 2021, according to the 2022 Annual OIC Halal Economy Report. Last year, total halal product …
Photo Gallery
1 December 10:20 AM UAE’s AMEA Power to deploy renewable energy projects in Egypt with $1.1bn investments
Cairo – Mubasher: Egypt’s Prime Minister, Mostafa Madbouly, has witnessed the signing ceremony of financial closure agreements between UAE’s AMEA Power and a number of international financing institutions at $1.10 billion. AMEA Power will …
Photo Gallery
30 November 10:59 AM Strategic partnership signed between Etihad Rail, Borouge
Abu Dhabi - Mubasher: His Highness Theyab bin Mohamed bin Zayed Al Nahyan witnessed the signing of the terms sheet for a strategic partnership for sustainable transportation between Etihad Rail and Borouge to transport 1.30 million tonnes of …
Photo Gallery
30 November 10:26 AM ZāZEN Properties reports over 8K sales transactions of AED 25.8bn in October
Dubai – Mubasher: ZāZEN Properties will launch sales for its newest project, ZāZEN Gardens, next week. High demand for off-plan real estate projects spurred 130% growth in Dubai’s preconstruction segment over this year's first half (H1). …
Photo Archive
30 November 09:44 AM UAE’s strong economy to pull in more foreign investments - Al Tamimi Investments
Dubai - Mubasher: Robust investment flows to the UAE are expected in the coming years thanks to the country’s consistent strong economic performance, steady growth, and ambitious development plans in the next 50 years, says Al Tamimi Investments. …
Photo Archive
29 November 04:13 PM Bioventure, Minapharm, MiGenTra to commercialise multiple biosimilar candidates of Alvotech
Mubasher: Dubai-based Bioventure, Minapharm Pharmaceuticals, and MiGenTra GmbH have signed an exclusive licence agreement for the commercialisation of multiple biosimilar candidates developed and manufactured by Alvotech, in Egypt and eighteen …
Photo Gallery
29 November 12:26 PM Al Ashram Contracting awarded AED 112m contract by Ellington Properties
Dubai - Mubasher: Dubai’s leading and award-winning design-led boutique developer, Ellington Properties, has awarded Al Ashram Contracting the AED 112 million contract to start developing the Ellington House. With more than four decades of …
Osmar Chohfi, President of ABCC
27 November 03:32 PM Brazilian exports to Arab world exceed $14bn in 10M-22
Mubasher: The Arab Brazilian Chamber of Commerce (ABCC) has announced an annual increase of 25.71% in Brazilian exports to the Arab countries during the first ten months (10M) of 2022 at $14.47 billion from $11.51 billion. Brazilian exports to the …
Photo Gallery
27 November 09:51 AM Saudi Arabia becomes 1st Gulf state to chair UNWTO Executive Council
Mubasher: Saudi Arabia has become the first GCC country to chair the United Nations World Tourism Organization (UNWTO) Executive Council. The election took place at the UNWTO’s 117th Executive Council meeting in Marrakesh, Morocco. The move …
Photo Gallery
23 November 04:44 PM Marriott International signs agreement with RDK Tourism Investment
Dubai – Mubasher: Marriott International has signed a deal with RDK Tourism Investment to open four properties in the UAE. The signings are predicted to further enhance the company’s footprint in Abu Dhabi and Dubai with the addition of more than …
Photo Gallery
23 November 04:43 PM DMCC digitises gold trading through tokenisation of Comtech Gold bullion
Dubai - Mubasher: DMCC announced a partnership with Comtech Gold to digitise the trading of gold by tokenising the precious metal backed by physical gold bars registered on DMCC Tradeflow. DMCC Tradeflow is an online platform for registering the …
Photo Gallery
23 November 03:27 PM SirajPower, Nakheel to install solar solution across 9 retail, residential locations
Dubai - Mubasher: SirajPower announced a partnership with master developer Nakheel to deliver nine projects across the UAE. SirajPower offers a commercial solar leasing solution for residential and retail markets, which enables large-scale …
Photo Gallery
23 November 03:18 PM DFM launches new general index
Dubai - Mubasher: Dubai Financial Market (DFM) has launched its new general index culminating the successful accomplishment of a comprehensive transformation of its indices’ methodology. The developed indices provide various market participants …
Photo Gallery
17 November 10:09 AM Egypt inks renewable energy agreements of $83bn
Cairo – Mubasher: Egypt's Minister of Planning, Hala El-said, witnessed the signing of a number of agreements and cooperation protocols between the Sovereign Fund of Egypt (TSFE) and a number of developers worth $83 billion in the renewable energy …
Photo Archive
13 November 04:58 PM Metaverse presents some $13trn opportunity for Midest telcos - Report
Dubai - Mubasher: Metaverse represents a major new market for telcos with early estimates of the overall size of the metaverse opportunity to be around $13 trillion by 2030, according to a report by Arthur D. Little (ADL).   Ericsson for example …
Photo Archive
13 November 03:35 PM Saudi minister unveils climate action projects during COP27
Cairo – Mubasher: The Saudi Minister of Energy, Prince Abdulaziz bin Salman, announced the inauguration of three new projects to enhance the kingdom’s national and regional climate action.  The minister's remarks were made during the second day of …
Photo Archive
9 November 06:05 PM Abu Dhabi Airports to launch advanced biometric technology
UAE – Mubasher: Abu Dhabi Airports plans to set up advanced biometric technology, which provides a touchless boarding experience that uses a passenger’s facial features as their passport, according to a recent press release. The passengers …
Photo Gallery
9 November 03:37 PM Almosafer to fuel inbound tourism growth in region
Riyadh - Mubasher: Almosafer and Visit Oman have signed a partnership agreement at World Travel Market to boost leisure tourism to Oman from Saudi Arabia, Kuwait, and the UAE.   Under the agreement, Almosafer’s consumer business will run a 360 …
Photo Archive
9 November 12:41 PM Saudi CMA approves capital raise requests worth over SAR 100bn in about 5 years
Riyadh – Mubasher: The Capital Market Authority (CMA) approved some 116 capital increase requests by listed companies from January 2018 to the end of the first half (H1) of 2022, with a value surpassing SAR 100 billion. This reflects CMA's role in …
Rania El-Mashat, Egypt’s Minister of International Cooperation
8 November 11:39 PM Egypt’s international cooperation minister chosen for Generation Unlimited
Cairo – Mubasher: Rania El-Mashat, Egypt’s Minister of International Cooperation, has been selected to be part of the Global Leaders' Council of the United Nations Initiative (Generation Unlimited). Kevin Frey, Executive Director of the Generation …
Photo Archive
8 November 05:28 PM Commissioning of Africa’s 1st integrated green hydrogen plant starts
Cairo - Mubasher: Fertiglobe, the strategic partnership between ADNOC and OCI, announced the start of the commissioning of the first phase of the green hydrogen plant in Egypt's Ain Sokhna, during an event at COP27.  The event was attended by …
Photo Gallery
8 November 02:59 PM ACWA Power considers bringing on Oman as investor for Suez wind energy project
Cairo – Mubasher: ACWA Power Company signed a memorandum of understanding (MoU) with Oman Investment Authority (OIA) to explore bringing the sovereign wealth fund on as an investor for the 1.1GW Suez wind energy project in Egypt.  According to the …
Photo Archive
8 November 02:02 PM New crypto, blockchain association inaugurates in Abu Dhabi
Abu Dhabi – Mubasher: The Middle East, Africa & Asia Crypto & Blockchain Association (MEAACBA) has launched its business in Abu Dhabi, a pivotal step forward in the development of accessible, transparent, and compliant crypto-blockchain …
Photo Archive
8 November 09:32 AM DP World to invest $500m to reduce CO2 emissions
Dubai – Mubasher: DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next five years, Emirates News Agency (WAM) cited the company’s Chairman and Group CEO, Sultan Ahmed bin …