Tawasul
Mubasher TV
Contact Us Advertising   العربية

News Analysis

The services sector rose by 1.43%
21 February 05:48 PM Commercial banks boost Bahrain Bourse in week
Mubasher: The Bahrain Bourse’s general index added 6.01 points, or 0.36%, to reach 1,668.58 points in a week, pushed up by the commercial banking sector. The services sector rose by 1.43%, while the industrial and investment sectors went down by …
Revenues slipped by 17.6% YoY in 10M-19/20
18 February 09:52 AM Kuwaiti oil revenues drop to KWD 13bn in 10M
Mubasher: Kuwait’s oil revenues amounted to KWD 13.07 billion ($42.97 billion) in the first 10 months of fiscal year 2019/2020, down by 17.64% year-on-year (YoY) from KWD 15.87 billion ($52.17 billion) Oil revenues in Kuwait accounted for 94.2% of …
The industrial sector stabilised
14 February 03:55 PM Bahrain Bourse rises 0.4% in week
Mubasher: The Bahrain Bourse’s general index grew in a week, with the commercial banking sector rose by 0.47%. The index went up by 6.53 points, or 0.39%, to reach 1,662.57 points. The commercial services sector increased by 0.41%, while the …
Federal Tax Authority (FTA)
11 February 03:52 PM UAE bans tobacco, e-cigarette plugs without digital tax stamps
Abu Dhabi – Mubasher: The UAE Federal Tax Authority (FTA) announced that importing waterpipe tobaccos and electrically heated cigarette plug not marked with digital tax stamps will be prohibited across country as of 1 March 2020. The ban comes as …
The industrial sector fell 0.22%
7 February 05:22 PM Commercial banks weigh on Bahrain Bourse in week
Mubasher: The Bahrain Bourse’s general index declined by 1.59 points, or 0.1%, to 1,656.04 points in a week, dragged down by the commercial banking sector which shed 0.49%. The industrial sector fell 0.22%, while the investment and services …
The PR industry started with $500 million 10 years ago
6 February 02:14 PM MENA’s PR industry likely to double current $1bn value by 2030
Mubasher: The Public relations (PR) industry in MENA is set to double its current $1 billion value by 2030, backed by the rapid growth of the region’s national champion companies. This was announced during the PRovoke MENA Summit 2020 which was …
Kuwait's exports to GCC countries rose by 4.1% YoY
5 February 12:29 PM Kuwait’s trade surplus hits KWD 679m in October; down 14.2% in 10M-19
Mubasher: Kuwait’s exports plummeted by 26.1% year-on-year (YoY) in October 2019 to reach KWD 1.55 billion from KWD 2.10 billion in the same month in 2018, recent statistics from the Central Statistical Bureau (CSB) showed.   Imports slipped by …
The industrial sector jumped 7.7%
1 February 07:00 PM Bahrain Bourse rises 3% in January 2020
Mubasher: The Bahrain Bourse’s general index grew by 47.45 points, or 2.94%, to reach 1,657.63 points in January 2020. Market capitalisation went by BHD 30 million to BHD 10.43 billion over the month, compared to BHD 10.13 billion a month …
Trading volume reached 15.45 million shares
31 January 04:56 PM Investment boosts Bahrain Bourse in week
Mubasher: The Bahrain Bourse’s general index grew in a week, supported by the investment sector which added 0.52%. The general index went up by 4.29 points, or 0.26%, to 1,657.63 points during the week ended 30 January 2020. The industrial, …
Breakbulk Middle East Exhibition
30 January 01:35 PM DP World to host Breakbulk Middle East for second year in row
Dubai – Mubasher: DP World, UAE Region will host the fifth edition of Breakbulk Middle East (BBME), the largest project cargo and breakbulk event in the GCC, for the second year in a row. With the aim of strengthening the UAE’s position in …
Arab Health Congress may host over 400 expert speakers and 5,200 delegates
29 January 02:17 PM Investments in GCC healthcare sector seen strong on $70bn estimated market value
Mubasher: The GCC healthcare sector continues to be strong, given that it is projected to reach $70 billion and is seen to grow at a compound annual growth rate (CAGR) of 5%, according to a press release on Wednesday. The Healthcare Investment …
Kuwait’s oil economy slipped by 1% in 2019
27 January 11:49 AM Kuwait’s GDP down to 0.7% in 2019 on lower oil sector growth – IMF
Mubasher: The International Monetary Fund (IMF) on Monday stated that Kuwait’s gross domestic product (GDP) slowed to 0.7% in 2019 from 1.2% in 2018, pressured by lower oil prices and output, despite the growing non-oil sector. Kuwait’s real oil …
Saudi Arabia is the UAE’s most prominent partner in the GCC
26 January 05:27 PM Saudi citizens, banks invest AED 10.93bn in UAE in 2018
UAE – Mubasher: The value of investments by Saudi citizens and banks in the UAE reached AED 10.93 billion in 2018, including AED 6.35 billion in joint stock companies and AED 4.58 billion in Saudi investors’ transactions in the UAE. This …
Total Saudi merchandise exports slipped by 14.9% in November 2019
26 January 01:50 PM Saudi oil exports dip 15.4% in November - GaStat
Riyadh – Mubasher: Recent data from the Saudi Arabia General Authority for Statistics (GaStat) showed a 15.4% year-on-year (YoY) decrease in Saudi oil exports in November 2019. Oil exports retreated to SAR 62.3 billion in November last year from …
The industrial sector rose by 0.66%
24 January 03:50 PM Bahrain Bourse tacks on 2 pts in week
Mubasher: The Bahrain Bourse’s general index grew by 1.86 points, or 0.11%, to 1,653.33 points in a week. The industrial sector rose by 0.66%, while the services and banking sectors added 0.2% and 0.12%, respectively, while the investment sector …
Good regulation prevents chaotic disruption
23 January 01:04 PM Middle East’s renewable energy targets face obstacles - GlobalData
Mubasher: The increasing dependence on solar and wind energy in the Middle East, led by Abu Dhabi, Dubai, and Saudi Arabia, has become remarkable, driven by governments’ ambitious renewable energy targets. However, the adoption of renewable energy …
The industrial sector surged 4.14%
17 January 03:53 PM Bahrain Bourse gains over 42 pts in week
Mubasher: The Bahrain Bourse’s general index grew by 42.37 points, or 2.65%, to reach 1,639.7 points in a week, with the commercial banking sector rose by 4.19%. The industrial sector surged 4.14%, while the investment sector added 0.27% and the …
Photo Archive
14 January 02:04 PM Sulaiman Al Habib plans IPO in February – Report
Riyadh – Mubasher: Sulaiman Al Habib Medical Group, a Saudi-based private healthcare operator, plans an initial public offering (IPO) as early as next month, Bloomberg reports. The company has reportedly hired Jadwa Investment and Riyad Capital as …
The Ministry of Economy delegation visiting DMCC
12 January 12:06 PM DMCC plays vital role in diamonds, precious metals trade in Dubai
UAE – Mubasher: DMCC has recently hosted the UAE’s minister of economy, Sultan Bin Saeed Al Mansouri, to sum up the entity's role in streamlining, boosting, and driving global trade through Dubai. The minister toured Almas Tower and visited both …
The industrial sector stabilised
10 January 08:45 PM Bahrain Bourse closes 15 pts lower in week
Mubasher: The Bahrain Bourse’s general index declined by 14.72 points, or 0.91%, to 1,597.33 points in a week. The commercial banking sector levelled down by 1.28% and the investment sector lost 0.86%, while the services sector fell 0.13%, and the …
Bahrain launched Cloud First Policy in 2017
7 January 03:58 PM Pakiza Abdulrahman: Gov’t leads cloud adoption in Bahrain; private sector is following – Interview
By: Ingy ElSafy & Moslem Ali Mubasher: Startup Bahrain is a national initiative launched in 2016 for the purpose of facilitating all tools required for small business to build and establish themselves while growing into international and regional …
Tanker Forward Freight Agreement (FFA) volumes increased by 38% YoY in 2019
7 January 01:35 PM Volatility boosts freight derivative volumes in 2019
UAE – Mubasher: Freight derivatives markets showed higher traded volumes in 2019 for both tankers and dry cargo vessels, data by the Baltic Exchange showed.  Tanker Forward Freight Agreement (FFA) volumes increased by 38% year-on-year (YoY) to …
The Innovation Hub will showcase many disruptive technologies in the IoMT ecosystem
6 January 01:13 PM MENA's Internet of Medical Things expected to reach $9bn by 2022
UAE – Mubasher: Arab Health, the Middle East and North Africa’s (MENA) largest exhibition for healthcare and trade professionals announced its return to the Dubai World Trade Centre (DWTC) and Conrad Dubai Hotel from 27 to 30 January 2020. The …
The first edition of the brand-new show will be launched in Dubai South
6 January 12:04 PM Dubai to host new transport, logistics exhibition in November
UAE – Mubasher: A new trade show focused on providing the latest developments in the transport and logistics sector will be held in Dubai later this year, under the name SiTL Middle East, as announced by the event organizer Reed Exhibitions on …
The commercial banking sector added 0.84%
3 January 05:09 PM Bahrain Bourse tacks on 8 pts in week
Mubasher: The Bahrain Bourse’s general index grew by 8.05 points, or 0.5%, to hit 1,612.05 points in a week. The commercial banking sector added 0.84% and the services sector rose by 0.36%. The investment sector inched up 0.03% and the industrial …