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1 December 05:29 PM Mastercard, Meta - Facebook team up to empower SMEs digitisation in region
Mubasher: Mastercard will be collaborating with Meta, formerly known as Facebook, to endorse the digitisation and growth of small and medium enterprises (SMEs) in the Middle East and Africa (MEA), according to a press release on Wednesday. Both …
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1 December 01:03 PM Saudi Arabia's 1st Future Minerals Summit to kick off next month
Riyadh – Mubasher: Saudi Arabia will debut its first-ever Future Minerals Summit during 11-13 January 2022 in the capital Riyadh, the Ministry of Industry and Mineral Resources announced on Wednesday. A ministerial roundtable before the summit …
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30 November 05:49 PM IsDB’s ICIEC signs agreement with Japan's NEXI to boost trade relations
Mubasher: The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) has partnered with Japan-based Nippon Export and Investment Insurance (NEXI), the Export Credit Agency (ECA) of Japan, through a memorandum of …
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30 November 03:10 PM No cases of Omicron variant detected in Egypt – Official
Cairo – Mubasher: Egypt has not registered any cases of the Omicron variant until the current times, Acting Minister of Health, Khaled Abdel Ghaffar, who is the Minister of Higher Education and Scientific Research, stated on Tuesday. Abdel Ghaffar …
Hesham Safwat - CEO of Jumia Egypt
25 November 02:26 PM Startup Lounge: COVID-19 impacted positively on growth of digital services – Hesham Safwat
By: Ingy ElSafy Mubasher: The economy of any country mainly depends on small and medium enterprises (SMEs) as they acquire a key share in creating job opportunities and economic development. Online retail or e-commerce has empowered businesses in …
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23 November 04:45 PM Saudi consumers plan more spending amid optimism over vaccine rollout – Report
Mubasher: Saudi Arabia’s consumers have been increasing their spending over the past months more than the global average, while 20% of Saudis intend to spend more on an ongoing basis post-pandemic, a report by AlixPartners unveiled on Tuesday. The …
Egypt's exports to Jordan grew by 26.9% to $348 million
9 November 05:44 PM Egypt-Jordan trade exchange hits $431m in H1-21
Cairo – Mubasher: Bilateral trade between Egypt and Jordan increased by 26.2% to $430.8 million in the first half (H1) of 2021, compared to $341.3 million in the same period a year earlier, according to data released by the Central Agency for …
Nahdet El-Mahrousa Business Incubator
1 November 02:29 PM Startup Lounge: Egypt seeing entrepreneurship boom - Nahdet El-Mahrousa
By: Ingy ElSafy Cairo – Mubasher: Non-profit and non-governmental organisations play a pivotal role in developing the country’s entrepreneurship ecosystem, especially when they build the capacities of organisations to scale and expand their social …
Nihal El-Chami, Head of Programme and Marketing at Falak Startups
14 September 12:49 PM Startup Lounge: More VC investors now interested in Africa, Middle East – Nihal El-Chami
By: Marina Gamil Cairo – Mubasher: With the growing number of startups across different sectors, especially financial technology (FinTech), the dynamics of the venture capital (VC) landscape in Egypt have been changing with local and international …
27 September 04:40 PM Pfizer begins study for novel COVID-19 oral antiviral drug
Pfizer has started a mid-to-late-stage study to evaluate the investigational novel oral antiviral drug for COVID-19.
The Egyptian market accounts for 10-15% of Mrsool's total operations
16 August 02:39 PM Mrsool eyes expansion in Africa via Egypt, listing on an Arab stock exchange
By: Ahmed Allam  Cairo - Mubasher: Mrsool has invested about EGP 300 million in the Egyptian market since launching its operations in the country in mid-2019, Country Manager for Egypt Osama Harfoush revealed.  The Saudi delivery platform is …
Egypt will export gas to produce power in Jordan
8 September 01:55 PM Egypt looking to export gas to supply Lebanon with power
Cairo – Mubasher: Egypt aims to export natural gas as soon as possible to supply Lebanon with power, Reuters reported on Wednesday, citing the Minister of Petroleum and Mineral Resources, Tarek El-Molla, as saying.  This statement was …
The Egyptian payment portal myFawry has led Forbes Middle East list
31 August 10:58 AM Forbes Middle East releases region's top Fintech apps for 2021
Mubasher: Forbes Middle East has announced the region's 15 top Fintech apps 2021, with 9.5 million downloads and $6.9 billion worth of transactions in 2020. The Egyptian payment portal myFawry has been placed in the first position in the list with …
The signing ceremony
1 August 05:20 PM DirectFN signs contract for African Exchanges Linkage Project
Mubasher: The African Securities Exchanges Association (ASEA) has signed a contract with DirectFN to procure an order-routing system, in support of cross-border trading between African markets. Seven of Africa’s leading securities exchanges are …
25 August 04:10 PM Xiaomi records 64% higher revenues in Q2-21
Xiaomi Corp reported a 64% increase in revenues to 87.8 billion yuan during the second quarter (Q2) of 2021.
The deal has become effective since 1 August 2021.
18 August 02:59 PM IDH's unit to offer PCR testing services at Jordan's Queen Alia Airport
Cairo – Mubasher: Integrated Diagnostics Holdings (IDH) announced that its subsidiary Biolab has been chosen as the preferred bidder by Jordan's Airport International Group (AIG), operating Queen Alia International Airport (QAIA), to offer testing …
Job applicants can answer questionnaires and present an introductory video
16 August 03:29 PM AI-powered conversational recruitment tool could cut hiring time by 80%
Mubasher: A new online platform that uses artificial intelligence (AI) solutions claims it can make the recruitment process easier for both employers and job candidates, cutting down hiring time by 80%. Launched by US-based Velents, ConvoRecruit …
The Hajj season this year will witness a digitised journey from start to finish
13 July 01:37 PM How pilgrims benefit from digitisation when performing Hajj
By: Ingy ElSafy Mubasher: The COVID-19 pandemic has brought technology-enhanced methods that help authorities implement social distancing to preserve the health of people. Saudi Arabia will provide a digital Hajj (Muslim pilgrimage) this year and …
Ahmed El-Alfi, Chairman of Sawari Ventures
22 June 04:46 PM Startup Lounge: Tech offers great opportunities for success – Interview with Ahmed El-Alfi
By: Moslem Ali Cairo - Mubasher: In the second instalment of our interview with the Founder and Chairman of Sawari Ventures, Ahmed El-Alfi, we discuss the future of technology and the opportunities of startups to succeed as technological …
28 July 04:03 PM Pfizer’s sales of COVID-19 shots hit $7.8bn in Q2-21
Ahmed El-Alfi, Chairman of Sawari Ventures
21 June 01:01 PM Startup Lounge: High growth requires taking risks – Interview with Ahmed El-Alfi
By: Moslem Ali Cairo - Mubasher: Today’s guest in the Startup Lounge has played an integral role in developing the entrepreneurial scene in Egypt and the MENA region. He is one of the startup ecosystem leaders and investors who brought real …
27 July 03:29 PM Arabica coffee prices hit highest level in seven years
26 July 01:19 PM Bitcoin hits highest level since May
21 July 03:44 PM Johnson & Johnson expects $2.5bn in COVID-19 sales in 2021
Johnson & Johnson has expected to record $2.5 billion in the sales of its coronavirus (COVID-19) vaccine.
21 July 11:10 AM Central banks, wealth funds shifting to greener investments
COVID-19 is accelerating the transition of central banks and wealth funds to greener investments.