Mubasher TV
Contact Us Advertising   العربية

Sector Reports

Photo Gallery
9 July 04:29 PM GCC’s project awards drop 20% YoY in Q2-24 – Report
Mubasher: The GCC saw a notable decline in project awards during the second quarter (Q2) of 2024, with total awards dropping by 19.70% year-on-year (YoY) to $51.70 billion from $64.30 billion in the same period last year. This downturn was …
Photo Archive
8 July 11:46 AM Saudi Arabia ranks 3rd in EMEA 5G download speeds – Opensignal
Riyadh – Mubasher: Saudi Arabia held the third position in 5G Download Speed among key markets in the EMEA region, according to a report released by Opensignal. The report highlighted that the Kingdom witnessed a significant improvement in 5G …
Photo Archive
7 July 03:23 PM Abu Dhabi’s non-oil GDP up 59% in 10 years
UAE – Mubasher: The Abu Dhabi Department of Economic Development (ADDED) partnered with the Abu Dhabi Investment Office (ADIO) to organise the third edition of Al Multaqa quarterly meetings. The gathering provided the business community with …
Photo Gallery
4 July 03:51 PM Egypt's construction industry to expand 8% annually until 2029 – JLL
Cairo – Mubasher: Egypt's construction industry, the largest in Africa and third largest in the MENA region, is projected to grow at a compound annual growth rate (CAGR) of more than 8% until 2029, according to JLL’s construction market …
Photo Gallery
4 July 11:53 AM Egyptian non-oil sales climb in June after 34-month decline – S&P Global
Cairo – Mubasher: Sales volumes at Egyptian non-oil companies increased for the first time in nearly 34 months in June 2024, ending declines since August 2021. The uplift followed signs of stabilising economic conditions as policy supported easing …
Photo Archive
4 July 11:25 AM UAE’s PMI down to 54.5 in June
UAE - Mubasher: The UAE’s seasonally adjusted Purchasing Managers' Index (PMI) declined to 54.6 in June 2024 from 55.3 registered during May, according to the latest S&P Global PMI data. Non-oil private sector continued to retreat at the mid-point …
Photo Gallery
3 July 02:38 PM Saudi Arabia's POS transactions hit SAR 12.3bn in week
Riyadh – Mubasher: Saudi Arabia's point-of-sale (POS) transactions reached a record of 189.70 million between 23 and 29 June 2024, with a total value of SAR 12.30 billion. Transactions were strongest in food and beverage, healthcare and petrol …
George Davis, Co-Founder and CEO of Fuse
2 July 03:04 PM UAE expected to achieve $30bn in FDI during 2024
UAE – Mubasher: The UAE is set to become a global business hub after recording the second-highest number of new foreign investments globally in 2023, according to Fuse Financial Technologies, a cross-border payments business in the Middle East for …
Photo Gallery
30 June 12:19 PM Saudi sukuk, debt market hits 18.3% of GDP in 2023 – Report
Riyadh – Mubasher: The Saudi sukuk and debt instruments market reached 18.30% of GDP by the end of 2023, with 70 sukuk and debt instruments listed on the capital market. The funds raised from sukuk and debt instrument offerings amounted to SAR …
Photo Gallery
27 June 10:33 AM GCC asset management industry thrives amid reforms, technology adoption – Report
Mubasher: The asset management industry in the GCC has significantly improved due to positive regulatory reforms and government support, according to a report by Marmore MENA Intelligence, a subsidiary of Kuwait Financial Centre (MARKAZ). Over the …
Photo Archive
19 June 06:51 PM DMCC to boost $85bn non-oil trade corridor between UAE, India; new office unveiled
UAE – Mubasher: DMCC looks to build upon a $85 billion non-oil trade corridor between the UAE and India, as it continues to attract a new wave of Indian businesses to Dubai in line with its latest Made for Trade Live roadshow in New Delhi and …
Photo Gallery
18 June 06:41 PM Six Arab countries advance in 2024 World Competitiveness Ranking
Mubasher: The 2024 World Competitiveness Report included six countries from the Arab region which all showed progress in this year’s ranking, according to the International Institute for Management Development (IMD) data. The UAE led the Arab …
Photo Archive
18 June 05:04 PM Global travel, tourism deals plunge in 5M while European markets show growth – GlobalData
Mubasher: The total number of deals registered in the global travel and tourism sector decreased by 10.90% to 286 during the first five months (5M) of 2024 when compared with 321 in January-May 2023, according to GlobalData Deals Database. The …
Photo Archive
5 June 01:55 PM UAE’s May PMI records decline in output growth
UAE - Mubasher: The UAE’s seasonally adjusted Purchasing Managers' Index (PMI) was kept unchanged from April 2024 at 55.3 in May, according to the latest S&P Global PMI data. The reading was still higher than its long-run average of 54.4, …
Photo Archive
4 June 01:31 PM Saudi non-oil private sector maintains growth in May; PMI hits 56.4
Riyadh – Mubasher: The headline seasonally adjusted Purchasing Managers’ Index (PMI) of Saudi Arabia withered a decline from 57 last April to 56.4 in May 2024, according to Riyad Bank’s latest data. The reading, which was the second-lowest for 22 …
Photo Archive
4 June 10:45 AM GCC's passenger traffic to grow 4% annually from 2024 to 2030 – IATA
UAE – Mubasher: Kamil Al Awadhi, Regional Vice President for Africa and the Middle East at the International Air Transport Association (IATA), stated that passenger traffic in the UAE and the GCC is projected to grow by 4% annually between 2024 …
Photo Archive
2 June 03:52 PM GCC tops Dubai Chamber of Commerce export list with AED 40.8bn
UAE - Mubasher: The Dubai Chamber of Commerce highlighted that the GCC market remained the top global export and re-export destination for its member companies in the first quarter (Q1) of 2024. The GCC region accounted for 55.50% of total exports …