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17 February 02:23 AM

Event

EGYPS 2019 is held under the patronage of H.E. President Abdel Fattah El Sisi
12 February 06:22 PM Oil Minister participates in EGYPS 2019 ministerial session
Shaikh Mohammed bin Khalifa Al Khalifa, Minister of Oil, participated in the ministerial session of the Egypt Petroleum Show (EGYPS 2019), which was held in Cairo, Egypt, under the patronage of H.E. President Abdel Fattah El Sisi, President of the …
International Agreements
Dubai's ATM event is organised by Reed Travel Exhibitions
12 February 05:58 PM Dubai to host 1st ATM Hotel Industry Summit in April 2019
Mubasher: The first Arabian Travel Market (ATM) Hotel Industry Summit will take place in Dubai during the period from 28 April to 1 May, according to a recent press release. It is noteworthy that the annual Arabian Travel Market event in Dubai is …
Event
The QSE will resume trading on Wednesday, 13 February.
11 February 02:55 PM QSE to close on Tuesday on national sports day
Mubasher: The Qatar Stock Exchange (QSE) on Monday announced that trading activity will be suspended on Tuesday, 12 February on the occasion of the national sports day.  According to decree no. 80 of 2011, the QSE is closed on the second Tuesday …
Event
The Qatari firm’s profits retreated 2.7% to QAR 200.28 million in 2018
11 February 02:29 PM Qatar Industrial Manufacturing profit drops 2.7% in 2018; dividends proposed
Mubasher: Qatar Industrial Manufacturing Company (QIMC) reported a 30.3% year-on-year profit decline in the fourth quarter of 2018. During the October-December period of 2018, QIMC’s profits amounted to QAR 29.7 million ($8.2 million), compared to …
Cash Dividends
Major industry leaders and investors will discuss the most important developments in the kingdom’s logistics and maritime sector
10 February 06:20 PM Saudi Maritime Congress 2019 to discuss boosting logistics, maritime sector
Riyadh – Mubasher: Saudi Arabia will hold its major maritime and transport event, the Saudi Maritime Congress 2019, next month. The Saudi Maritime Congress 2019 runs from 11 until 12 March 2019 in Riyadh, Saudi Arabia. Major industry leaders and …
Management Decisions
Saudi robot Sophia to participate in MEA FinTech Forum in Bahrain
10 February 01:50 PM Saudi robot Sophia to participate in MEA FinTech Forum in Bahrain
Riyadh – Mubasher: Saudi Arabia on Sunday announced that its citizen robot Sophia will attend the upcoming Middle East and Africa (MEA) FinTech Forum which will start on Thursday, 21 February in Bahrain. The forum will explore how artificial …
Event
Participants included thousands of high-level officials, including presidents, ministers and Nobel Laureates
10 February 11:37 AM World Government Summit kicks off in Dubai on Sunday
Dubai – Mubasher: The seventh World Government Summit kicked off in Dubai on Sunday morning with the participation of more than 4,000 people from 140 countries. Participants, included thousands of high-level officials, including presidents, …
Macroeconomics
Civil Service Commission of Kuwait announced a three-day holiday
7 February 01:15 PM Kuwait gov’t to pay wages 21 February or before
Mubasher: The government of Kuwait intends to pay February wages before the usual dates, sources said, according to Alrai Newspaper. In February, wages are expected to be transferred to the employees’ accounts on 21 February as a maximum period, …
Al Manar Financing has a capital standing at KWD 30.9 million
7 February 12:41 PM Al Manar Financing to list on Boursa Kuwait
Mubasher: Boursa Kuwait will hold a press conference on Tuesday, 12 February 2019, on the occasion of listing Al Manar Financing and Leasing Co. on Boursa Kuwait. Al Manar Financing and Leasing will be trading on the Main Market of Boursa Kuwait, …
Stock Evaluations
The head of the Catholic Church has departed the UAE after his three-day visit to Abu Dhabi
5 February 05:30 PM UAE issues commemorative stamp to mark Pope Francis visit
Abu Dhabi – Mubasher: The UAE's national postal service on Tuesday issued a commemorative stamp to mark Human Fraternity Conference held in Abu Dhabi between Pope Francis, head of the Catholic Church, and Dr. Ahmad el-Tayeb, Grand Imam of Al Azhar …
Macroeconomics
The UAE’s internal tourism is expected to recover on the back of high demands of residents and tourists
4 February 04:13 PM UAE hotels fully occupied on Chinese New Year 2019
By: Mahmoud Gamal Dubai – Mubasher: Hotels in the emirates of Abu Dhabi and Dubai have almost fully occupied in the first days of February, coinciding with the celebrations of the Chinese Lunar Year of the Pig, which will begin on Tuesday, 5 …
Event
Arabtec will complete 29,000 sqm of public spaces at Expo 2020
3 February 04:35 PM Arabtec Construction wins AED 169m contract at Expo 2020 Dubai
Dubai – Mubasher: Arabtec Construction has been awarded an AED 169 million contract at Expo 2020 Dubai. “As the first World Expo to take place in the Middle East, Africa and South Asia region, Expo 2020 represents an incredible commercial …
Real estate
The library was damaged in 2014 after a car bomb exploded outside the adjacent Cairo Security Directorate building
3 February 03:05 PM Egypt’s PM, Sharjah Ruler open National Library 'Dar Al Kotob' after renovation
Cairo – Mubasher: Egyptian Prime Minister Mostafa Madbouli and Sharjah Ruler Sultan bin Muhammad Al-Qasimi on Sunday opened the National Library and Archives (Dar Al Kotob) after four years of restoration work. The inauguration ceremony took place …
Macroeconomics
The two GCC neighbors discussed means to enhance bilateral trade and businesses
3 February 10:47 AM Saudi Arabia, UAE consider joint investments
Abu Dhabi – Mubasher: Saudi Arabia and the UAE have considered investment opportunities and economic ties during a bilateral meeting held on the sidelines of the second Saudi-UAE Business Forum in Riyadh. The two GCC neighbors discussed means to …
Event
Saudi to see SAR 10bn healthcare inflows in 5yrs
31 January 07:02 PM Saudi to see SAR 10bn healthcare inflows in 5yrs
Riyadh – Mubasher: The Saudi healthcare sector is seeing strong demand from investors, according to health ministry official Fayyad Dandash. Speaking on the sidelines of the Arab Health 2019 expo held in Dubai, Dandash told Al Arabiya News that …
Event
The Papal Mass will take place in Abu Dhabi at the Zayed Stadium
30 January 05:28 PM UAE announces 5 February holiday for Pope Francis' visit
Abu Dhabi – Mubasher: The Ministry of Human Resources and Emiratisation on Wednesday announced Tuesday, 5 February as an official holiday for private sector employees in order to participate in the Papal Mass. The Papal Mass will take place in Abu …
Politics
Egypt's assistant housing minister Khaled Abbas
30 January 02:17 PM Egypt eyes EGP 4bn proceeds from real estate exports
By: Abdallah Bedeir Cairo – Mubasher: Egypt aims to generate EGP 4 billion in proceeds from real estate exports within three years, assistant housing minister said on Wednesday. The Ministry of Housing has signed a deal to participate in Marché …
Event
Orange Egypt to invest EGP 250m in renewable energy
29 January 06:55 PM Orange Egypt to invest EGP 250m in renewable energy - CEO
Cairo – Mubasher: Orange Egypt for Telecommunication is planning to invest around EGP 250 million ($14.18 million) in Egypt’s renewable energy sector, CEO Yasser Shaker said on Tuesday. Speaking at an Egyptian-French business meeting, organised by …
Companies Investments
FIFA is conducting talks with Kuwait to co-host the 2022 World Cup with Qatar
29 January 01:41 PM FIFA in talks with Kuwait to co-host World Cup 2022 with Qatar
Mubasher: The Fédération Internationale de Football Association (FIFA) is conducting talks with Kuwait to co-host the 2022 World Cup with Qatar. On the sidelines of the final match of the Crown Prince Cup, the FIFA President Gianni Infantino said …
Event
The major aviation conference sees the participation of aviation asset managers
28 January 04:49 PM GIAS kicks off in Dubai on Monday
Dubai – Mubasher: The first Global Investment in Aviation Summit (GIAS) kicked off in Dubai on Monday, 28 January. Set to wrap up on 29 January, the event hosts up to 300 investors of industry leaders working in the field. Carrying the theme …
Macroeconomics
The American singer and songwriter will sing on the sidelines of the kingdom’s first international golf tournament
27 January 04:28 PM Mariah Carey to perform in Saudi Arabia end-January
Riyadh – Mubasher: American superstar Mariah Carey will perform in Saudi Arabia for the first time on 31 January. The American singer and songwriter will sing on the sidelines of the kingdom’s first international golf tournament, Arab News …
Companies Investments
National Leasing Holding (Alijarah) reported a 90.8% year-on-year decline in profits for the fourth quarter of 2018
27 January 12:50 PM Alijarah profit drops 91% YoY in Q4
Mubasher: National Leasing Holding (Alijarah) reported a 90.8% year-on-year decline in profits for the fourth quarter of 2018 and recommended distributing a dividend of QAR 50 per share. During the last three months of 2018, Alijarah’s profits …
Financial Results
Expo 2020 is expected to attract 25 million visits
26 January 04:57 PM Canada to participate in Dubai Expo 2020
Dubai – Mubasher: Canada has confirmed its participation in Expo 2020 Dubai to explore investment opportunities in the major event. This will be the American country’s first participation in a World Expo since Expo 2010 Shanghai China. "We are …
Event
STC may operate 5G network in H2, mulls sukuk issue – CEO
24 January 10:55 AM STC may operate 5G network in H2, mulls sukuk issue – CEO
Riyadh – Mubasher: The Saudi Telecom Company (STC) expect to launch fifth-generation (5G) wireless networks during the second half of 2019, CEO Nasser Bin Sulaiman Al Nasser said. STC also plans to win additional frequencies from the Ministry of …
Companies Investments
OIFL will pay interest of $40 million to its GMTN bond holders on 19 and 21 February 2019.
24 January 10:53 AM Qatar’s Ooredoo to pay $40m to bondholders
Mubasher: Ooredoo on Thursday announced that its wholly-owned subsidiary Ooredoo International Finance Limited (OIFL) will pay interest of $40 million to its global term medium note (GMTN) bond holders on 19 and 21 February 2019. OIFL will pay a …
Bonds