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31 August 2019 will be an official holiday in celebration of the new Hijri year 1441 AH.
01:18 PM UAE announces new Hijri year holiday
UAE – Mubasher: The UAE’s Federal Authority for Government Human Resources (FAHR) announced that Saturday, 1 Muharram or 31 August 2019, will be an official holiday in celebration of the new Hijri year 1441 AH. It is worth noting that FAHR …
The event attracts senior-level decision makers
11:38 AM Cairo to host Intelligent Cities Exhibition & Conference on 23-24 October
Cairo – Mubasher: Cairo is set to host the fifth annual Intelligent Cities Exhibition & Conference (ICEC) on 23-24 October, according to a statement. The Middle East and Africa region’s leading smart and sustainable cities event will be organised …
GTH's EGM will be held on 9 September
18 August 12:29 PM Global Telecom's board approves VEON’s $2.3bn asset transfer offer
Cairo – Mubasher: Global Telecom Holding’s (GTH) board of directors approved the offer submitted by VEON Ltd. to acquire the company’s assets for $2.3 billion, according to a statement to the Egyptian Exchange (EGX) on Sunday. The board approved …
Zahraa Maadi decided to increase its issued capital to EGP 132 million
18 August 11:22 AM EGX approves Zahraa Maadi’s EGP 33m capital raise
Cairo – Mubasher: The Egyptian Exchange’s (EGX) listing committee approved raising the capital of Zahraa Maadi Investment and Development to EGP 132 million from EGP 99 million through bonus shares. The eligibility of bonus shares shall be for the …
The 7-meter-high skeleton
16 August 10:47 PM Dubai to host auction for $4m dinosaur skeleton
UAE – Mubasher: Visitors and residents of Dubai are about to witness the first auction in the Middle East for the skeleton of a dinosaur.   The auction’s initial value amounts to AED 14.6 million ($3.97 million), according to the Emirates News …
Trading will be resumed on 14 August
7 August 01:39 PM EGX announces Eid Al Adha holiday
Cairo – Mubasher: The Egyptian Exchange (EGX) announced that it will be closed for three days on the occasion of Eid Al Adha holiday. The market will be closed from Sunday, 11 August, to Tuesday, 13 August, according to a statement on Wednesday. …
Banks will resume work on 14 August
6 August 01:21 PM CBE announces Eid Al Adha holiday
Cairo – Mubasher: The Central Bank of Egypt (CBE) announced that banks will be closed for three days on the occasion of Eid Al Adha holiday. The holiday will be from Sunday, 11 August, to Tuesday, 13 August, the CBE added. Banks will resume work …
The holiday will start from Saturday, 10 August
6 August 10:41 AM Saudi Ministry of Labor unveils Eid Al Adha holiday for private sector
Riyadh – Mubasher: The Saudi Ministry of Labor and Social Development announced the Eid Al Adha holiday for private companies operating across the kingdom, according to the ministry’s account on Twitter. The holiday will start from Saturday, 10 …
Trading activities will resume on Wednesday, 14 August
4 August 11:49 AM Boursa Kuwait announces Eid Al Adha Holiday
Mubasher: Boursa Kuwait on Sunday announced a three-day holiday on the occasion of Eid Al Adha. The Kuwaiti stock market will be shut as of Sunday, 11 August until Tuesday, 13 August, according to a statement. Trading activities will resume on …
Trading activities will resume on Wednesday, 14 August
4 August 10:23 AM DFM unveils Eid Al Adha holiday
Dubai – Mubasher: The Dubai Financial Market (DFM) on Sunday announced that the Eid Al Adha holiday will start on Sunday, 11 August. Trading activities will resume on Wednesday, 14 August, the DFM added in a statement.
Trading will resume on Sunday, 18 August
22 July 04:34 PM Tadawul announces Eid Al Adha holiday
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) will be closed for a whole week on the occasion of Eid Al Adha holiday. The holiday will start from 8 August to 18 August, according to Tadawul’s statement on Monday. Trading will resume on …
The GIAS 2020 will be from 27 to 29 January 2020
16 July 12:22 PM Dubai to host Global Investment in Aviation Summit 2020
UAE – Mubasher: The UAE’s General Civil Aviation Authority (GCAA) announced that the second edition of Global Investment in Aviation Summit (GIAS) 2020 will be hosted in the emirate of Dubai from 27 to 29 January 2020. The GIAS 2020 will be held …
A prior meeting of Alafaco
14 July 01:42 PM Alafco to review Q3-19 financials early August
Mubasher: Alafco Aviation Lease and Finance Company will hold a board meeting on 1 August 2019 in order to discuss the financial statements for the third quarter ended 30 June 2019, according to the firm’ statement to Boursa Kuwait on Sunday. It …
The training of the Kuwaiti team has started
11 July 03:07 PM Kuwait to host regional handball championship
Mubasher: Following the lift of the ban on sports in the GCC country, Kuwait is preparing to host the Asian Men's Handball Championship (AMHC), which will be launched on 19 January 2020. The training of the Kuwaiti team has started, Kuwait …
Dubai hosted five study missions that attracted 205 planners and buyers in H1
11 July 12:18 PM Dubai wins 118 event bids in H1
UAE – Mubasher: The Dubai Business Events (DBE), the emirate’s official convention bureau, has secured 118 bid wins for events to take place in Dubai in the first half of 2019, Emirates News Agency (WAM) reported. These events, including …
DP World appointed three international banks to arrange a series of investor meetings
9 July 03:22 PM DP World appoints 3 int’l banks for dollar sukuk issue
UAE – Mubasher: DP World, a global port operator based in Dubai, has appointed three international banks to arrange a series of investor meetings in Hong Kong, Singapore, and London, starting Wednesday, 10 July, Bloomberg News reported. The banks, …
The accelerator programme will last for the coming three months.
8 July 03:22 PM Badir launches 1st business accelerator to prop up Hajj and Umrah sector
Riyadh – Mubasher: King Abdul Aziz City for Science and Technology (KACST), represented by the Badir Program for Technology Incubators and Accelerators, has launched the first business accelerator in a bid to support the works of entrepreneurs and …
The holiday will start from Saturday, 9 Dhu al-Hijjah, and end Wednesday, 12 Dhu al-Hijjah 1440
4 July 02:29 PM UAE unveils Eid Al Adha holiday for private sector
UAE – Mubasher: The UAE’s Ministry of Human Resources and Emiratisation (FAHR) on Thursday announced the Eid Al Adha holiday for private companies and institutions. The holiday will start from Saturday, 9 Dhu al-Hijjah, and end Tuesday, 12 Dhu …
The initiative will also serve talented Indians as a platform for sharing their ideas
3 July 12:10 PM UAE’s DP World launches India-UAE Bridge to attract further investments
UAE – Mubasher: DP World UAE Region on Wednesday announced it has launched “The India-UAE Bridge”, a major initiative aiming to lure further Indian trade and investments to Jebel Ali Port and Jebel Ali Free Zone (Jafza) by offering end-to-end …
The games generated a gross value added if more than AED 500 million
30 June 11:52 AM Abu Dhabi’s Special Olympics World Games logs AED 1bn in economic output - PwC Middle East
UAE – Mubasher: The Special Olympics World Games 2019, the 10-day event that took place in the UAE in March, achieved AED 957 million in economic output, a study conducted by PwC Middle East revealed. The games generated a gross value added of …