Tawasul
Mubasher TV
Contact Us Advertising   العربية

Sector Reports

Photo Archive
6 December 02:13 PM Saudi Arabia’s PMI jumps to 58.5 in November
Riyadh – Mubasher: Saudi Arabia’s headline seasonally adjusted Purchasing Managers’ Index (PMI) increased for the second month in a row during November 2022 to 58.5 from 57.2 last October, according to Riyad Bank’s data. The PMI, which was above …
Issam Abu Sulaiman, Regional Director for the GCC countries at the World Bank
5 December 05:38 PM Mobile apps see over $2.7 daily transactions – World Bank’s Abu Sulaiman
Riyadh – Mubasher: Issam Abu Sulaiman, Regional Director for the GCC countries at the World Bank, stated that transactions worth more than $2.70 billion are being traded on a daily basis through mobile applications. Abu Sulaiman highlighted that …
Photo Archive
5 December 04:57 PM Riyadh Chamber of Commerce contributed to building over 40 fintech startups – Official
Riyadh – Mubasher: Riyadh Chamber of Commerce has been part of setting up more than 40 startups in the financial technology (fintech) sector since 2016 until the present time, said Mansour Al Obaid, who serves as the Chairman of Information and …
Photo Gallery
5 December 04:07 PM World Fintech Show kicks off in Saudi Arabia
Riyadh – Mubasher: The World Fintech Show has launched today, 5 December, in Saudi Arabia’s capital Riyadh at InterContinental Riyadh.   The event aims to connect the world’s fintech innovators with enterprises, investors, policymakers, startups, …
Photo Gallery
5 December 01:27 PM Future Minerals Forum enters new partnerships for 2nd edition
Riyadh – Mubasher: The Future Minerals Forum (FMF) unveiled new partnerships with think tank entities and research institutions as part of its preparations to host the second edition of the forum next year in Riyadh. The collaboration will be with …
Photo Archive
4 December 09:48 AM Egypt-Jordan trade exchange grows 2.7% in 8M-22
Cairo – Mubasher: Trade exchange between Egypt and Jordan increased by 2.70% year-on-year (YoY) during the first eight months (8M) of 2022 to $646.10 million, compared to $629.10 million. Egypt’s exports to Jordan amounted to $481.60 million …
Photo Archive
30 November 12:54 PM Extractive, transformative industries index down in September 2022 - CAPMAS
Cairo – Mubasher: Egypt’s production index for transformative and extractive industries, excluding crude oil and petroleum products, recorded 115.58 during September 2022, according to data from the Central Agency for Public Mobilization and …
Photo Archive
24 November 09:38 PM Saudi Arabia’s non-oil exports hit SAR 78.4bn in Q3-22; up 9.7% in September
Riyadh - Mubasher: Saudi Arabia's non-oil exports, including re-exports, surged by 13.10% year-on-year (YoY) to SAR 78.40 billion in the third quarter (Q3) of 2022, compared to SAR 69.40 billion.  Overall merchandise exports amounted to SAR 399.70 …
Photo Archive
20 November 12:51 PM Egypt's agricultural exports hit $124m in 8M-22
Cairo – Mubasher: Egypt’s exports of agricultural crops totalled $123.52 million during the first eight months (8M) of 2022, Akhbar El-Yom cited a report from the Central Agency for Public Mobilization and Statistics (CAPMAS).  In the January …
Photo Archive
17 November 05:26 PM Egypt-AU bilateral trade jumps 38% in 2021 – CAPMAS
Cairo – Mubasher: The trade exchange value between Egypt and the African Union (AU) member countries hiked by 38.20% year-on-year (YoY) in 2021. Egypt exported goods to the AU states at a value of $5.48 billion in 2021, an annual leap of 37.70% …
Photo Archive
13 November 04:50 PM Saudi Arabia’s IPI surges 15.7% in September – GaStat
Riyadh – Mubasher: The Industrial Production Index (IPI) of Saudi Arabia jumped by 15.7% year-on-year (YoY) in September 2022, according to the General Authority for Statistics’ (GaStat) latest data. The increase was mainly due to a 14.2% YoY hike …
Photo Archive
7 November 12:59 PM Saudi Arabia’s October PMI marks highest growth since January 2021
Riyadh – Mubasher: The headline seasonally adjusted Purchasing Managers’ Index (PMI) of Saudi Arabia rose to 57.2 in October 2022 from 56.6 last September, marking the strongest business outlook since January 2021. The PMI, which was above the 50 …
Photo Archive
7 November 12:55 PM UAE’s October PMI rise to 56.6; firms post strongest growth in 11 months
UAE - Mubasher: The UAE’s seasonally adjusted Purchasing Managers' Index (PMI) increased to 56.6 in October 2022 from 56.1 last September, lower than August's over-three-year high of 56.7. The index signalled another powerful improvement in the …
Photo Archive
3 November 05:03 PM GCC firms' solid balance sheets ingest higher interest rates – Moody's
Mubasher: Several companies in the GCC region have a strong position to absorb interest-rate hikes which lower businesses' ability to repay debts, Moody's Investors Service stated in a recent report. Moody's predicted that investment-grade …
Photo Archive
2 November 10:33 AM Dekheila Port collects EGP 1.7bn taxes, customs in October
Cairo – Mubasher: The customs authority of Dekheila Port collected a total of EGP 1.70 billion in taxes, customs duties, and other charges at El Dekheila Port in October 2022, Akhbar El-Yom reported. The authority issued 6,268 final import …
Photo Archive
1 November 11:35 PM Online cross-border payments by Saudi-based individuals boost financial support – Report
Riyadh – Mubasher: A recent report by Mastercard indicated that around 51% of people in Saudi Arabia believed that online cross-border payments helped their families and friends abroad over the past 12 months to overcome economic challenges. More …
Photo Archive
1 November 03:20 PM Saudi Arabia’s Q3-22 real GDP jumps 8.6% – Flash estimates
Riyadh - Mubasher: The real gross domestic product (GDP) of Saudi Arabia increased by 8.6%% year-on-year (YoY) in the third quarter (Q3) of 2022, according to flash estimates by the General Authority for Statistics (GaStat). Higher GDP is mainly …
Photo Archive
1 November 09:45 AM Egypt’s chemicals exports hit $6.47bn in 9M-22
Cairo – Mubasher: Egypt’s exports of chemicals and fertilisers increased by 31% year-on-year (YoY) during the first nine months (9M) of the year to stand at $6.47 billion. The chemicals and fertilisers sector accounts for 24% of Egypt’s total …