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Kahira Pharmaceuticals jumped by 32% in three months
20 October 05:09 PM Pharma stocks lead EGX ahead of potential acquisitions
Cairo – Mubasher: Amid market volatility due to concerns over a second wave of coronavirus (COVID-19) infections, pharmaceutical stocks on the Egyptian Exchange (EGX) reported strong performance ahead of potential mergers and acquisitions. Amr …
Zedny was founded in 2018
18 October 11:25 AM Online platforms for professional development - Interview with Zedny
By: Moslem Ali Cairo - Mubasher: With technological advancements and growing digital infrastructure, the digital education industry is growing in the Middle East. Remote learning, in particular, has gained increased importance with the recent new …
The price of 24-karat gold registered EGP 943 per gram
7 October 01:55 PM Gold prices in Egypt fall EGP 8/gram
Cairo – Mubasher: Gold prices in Egypt declined by about EGP 8 per gram on Wednesday as global prices of the precious metal dropped to $1,891 per ounce, Ehab Wassef, a member of the gold division at the Federation of Egyptian Chambers of Commerce …
Photo Archive
1 October 04:00 PM Fine Hygienic plans $35-40m new investments in Egypt
Cairo – Mubasher: Fine Hygienic Holding (FHH) announced that it plans to expand its business activity in Egypt by investing around $35-40 million (EGP 550-629 million) this year. The company has already invested around EGP 4 billion in the …
The webinar discussed the Road to Digital Transformation and Innovation
30 September 12:33 PM Industry leaders discuss the future of digital transformation
By: Moslem Ali Cairo – Mubasher: The British Egyptian Business Association (BEBA) organized a webinar on Tuesday discussing “The Road to Digital Transformation and Innovation” to discuss the rising importance of digital transformation, especially …
Provisions have been increased to EGP 49 million this year
29 September 11:37 AM Sarwa Capital's expansion plans not affected by COVID-19 - Interview
By: Islam Fadl Cairo – Mubasher: Sarwa Capital Holding for Financial Investments has managed to obtain the first consumer financing licence in Egypt and be officially authorised as the first consumer financing company at traffic departments, the …
The price of 21-karat gold registered EGP 825 per gram
23 September 04:19 PM Egypt's gold prices drop on lower global prices
Cairo – Mubasher: Gold prices continued the downward trend in the Egyptian market, falling by EGP 5 per gram on Wednesday as global prices of the precious metal fell to $1,888 per ounce, Ehab Wassef, a member of the gold division at the Federation …
NBE has sold EGP 280 billion worth of these certificates
21 September 12:49 PM NBE, Banque Misr halt issuance of 15% Ibn Misr certificates
Cairo – Mubasher: The National Bank of Egypt (NBE) decided to halt the issuance of the one-year “Ibn Misr” certificates which have a record return of 15%, the bank’s Vice Chairman, Yehia Aboul Fotouh, told Mubasher. The bank has sold EGP 280 …
The new commodities exchange will help regulate prices in the local market
10 September 03:58 PM EFG Hermes, CI Capital, Beltone acquire 9.9% of Egypt’s commodities exchange
Cairo – Mubasher: The Egyptian Financial Group Hermes Holding (EFG Hermes), CI Capital Holding For Financial Investments, and Beltone Financial Holding acquired 9.9% or 9 million shares of the company managing the Egyptian Commodities Exchange, an …
Saudi Stock Exchange (Tadawul)
2 September 04:39 PM Your guide to the new Saudi derivatives market - Infographic
Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) launched the Derivatives Market on 30 August 2020 to start trading of the kingdom's first exchange-traded derivatives product. The financial derivatives market will offer investors a …
The derivatives market will be launched on Sunday, 30 August
27 August 04:26 PM Investors awaiting launch of Saudi derivatives market next week
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) is close to launching the Derivatives Market to start trading of the kingdom's first exchange-traded derivatives product. Many market analysts affirmed the launch, set to take place on Sunday, …
Selina Bieber, Senior Regional Director for MENA, Turkey, and South Africa, GoDaddy
26 August 01:36 PM Middle East on track for digital growth - Interview
By: Marina Gamil Cairo - Mubasher: The Middle East has been moving towards digital transformation in the past few years, witnessing more significant technology trends that could reshape its emerging markets.   Since the beginning of 2020, …
COVID-19 made investments in healthcare a top priority
20 August 03:35 PM COVID-19 and the future of digital healthcare services
By: Moslem Ali Cairo – Mubasher: The coronavirus (COVID-19) crisis has changed the outlook for investments in the healthcare sector, providing new opportunities to startups from around the globe, panellists agreed during the Future of Healthcare …
This recession is forecast to drive lower investments
20 August 12:30 PM What should the world learn from the COVID-19 crisis?
By: Marina Gamil Mubasher: Economies have been hit hard by the coronavirus (COVID-19) pandemic, which affected people’s lives, slowed down activity, and disrupted financial markets and supply chains, pushing the world to think of new ways to …
Technology will help bring the best quality of education to all pupils
17 August 03:45 PM The rise of EdTech amid a pandemic; ephemeral boom or a new era?
By: Amal A. Wahaab Cairo – Mubasher: The first virtual event of RiseUp Summit, RiseUp from Home, has recently taken place through the online eventtus platform, under the slogan “Got Grit?” The three-day event was held remotely on 13-15 August in …
Careem expanded its services in Egypt and the GCC
17 August 01:38 PM The story behind the region's first multi-service super app
By: Marina Awadallah Cairo - Mubasher: Dubai-based Careem has recently launched a multi-purpose application, or a Super App, that brings its different services in just one platform, benefiting from the company’s infrastructure which has been built …
The three-day event was held between 13 and 15 August
16 August 03:32 PM How can businesses prepare for the next pandemic?
By: Amal A. Wahaab Cairo – Mubasher: RiseUp Summit has recently concluded its first virtual event, RiseUp from Home, which was launched in line with the preventive measures against the coronavirus pandemic. The three-day event was held on 13-15 …
For an enterprise system stability is more important than functionality
16 August 12:42 PM How a startup application can be a modern enterprise system?
By: Marina Awadallah Cairo - Mubasher: As the world is rapidly moving into digital transformation, scaling businesses from startups to an enterprise that facilitates the exchange of data is necessary for their growth and their operations’ …
The event is taking place on 13-15 August, 2020
13 August 06:35 PM RiseUp Launches Virtual Event ‘RiseUp from Home’
By: Moslem Ali Cairo – Mubasher: RiseUp Summit launched its first virtual event on Thursday, 13 August, RiseUp from Home, in line with the preventive measures against the coronavirus (COVID-19) pandemic. The three-day event is taking place through …
How the pandemic changed the e-payments outlook in MENA?
12 August 07:27 PM The future of e-payment solutions after COVID-19
By: Moslem Ali Cairo – Mubasher: “Stay Home” is a global call that spread across the world over the past months, signalling not only a new public policy and a health precaution against an infectious disease but a turning point in how markets …
The price of 24-karat gold amounted to EGP 1,046 per gram
5 August 04:05 PM Egypt's gold prices rise to all-time high
Cairo – Mubasher: Gold prices continued its rising trend in the Egyptian market, reaching an all-time high on Wednesday, according to the gold division at the Federation of Egyptian Chambers of Commerce (FEDCOC). The price of 24-karat gold …
The price of 24-karat gold stood at EGP 958.85 per gram
23 July 03:12 PM Gold prices register new record high in Egypt
Cairo - Mubasher: Gold prices in the Egyptian market recorded on Thursday its highest level ever, according to the gold division at the Federation of Egyptian Chambers of Commerce (FEDCOC). The higher gold prices in the Egyptian market came …
The sensor could be used in NASA's next Venus rover
20 July 03:51 PM Egyptian engineer wins NASA design competition
By: Moslem Ali Cairo - Mubasher: Egyptian engineer Youssef Ghali has won first place in a competition by NASA to design a sensor for a Venus exploration rover. The public competition was seeking ideas for a mechanical obstacle-avoidance sensor …
The webinar discussed investment opportunities in healthcare
15 July 07:35 PM Why investors should look into the Egyptian healthcare sector?
By: Moslem Ali Cairo – Mubasher: The Egyptian healthcare industry remains attractive for local and international investments, with many areas for development and expansion arising particularly in the post-COVID-19 stage, panellists agreed during a …
The government pays farmers between EGP 670 and EGP 700 per ardeb
6 July 04:33 PM Egypt buys 3.5m tonnes of local wheat since mid-April
By: Mohamed Mowafy Cairo – Mubasher: The Egyptian Holding Company for Silos and Storage has received more than 3.5 million tonnes of wheat from local farmers since the beginning of this season which started in mid-April, the company’s chairman …