News Analysis

Mubasher: Bitcoin and Ethereum have been the most traded digital currencies in the MENA region, multi-asset trading and investment specialist Saxo Bank said. Through its Crypto FX platform, Saxo Bank noted that the majority of transactions were …

Riyadh – Mubasher: The Saudi Exchange (Tadawul) will launch Single Stock Futures (SSFs) contracts on 4 July this year to enable the expansion of its Derivatives Market and products. The first tranche of the SSFs will be based on 10 listed …

UAE - Mubasher: FxPro, an international online forex broker, has opened its office in Dubai in the UAE, marking its entry into the Middle East market. This comes in line with the broker’s expansion plans to maintain and further develop close …

Mubasher: The Saudi Exchange (Tadawul) is forecast to become the strongest stock market in the region throughout 2022, as it had received initial public offering (IPO) requests from 50 companies, according to economic experts. The IPOs reflect the …

Mubasher: Investors across the Gulf capital markets and Egypt, as well, should diversify their portfolio to eliminate risks, experts told Mubasher. This step could be carried out by splitting the investment portfolio over three stocks at least or …

Mubasher: The companies listed and trading on the Egyptian Exchange (EGX) has registered a robust performance in terms of their financial results for 2021, which gives a space for creating investment opportunities, an expert told Mubasher. Such …

Mubasher: The capital markets across the Gulf region and Egypt will be collecting gains during the first six months of 2022, after the majority of the markets registered positive performance last year, according to experts. Resumption of business …

Mubasher: There are still good investment opportunities in many sectors across the Middle East capital markets, namely in the Egyptian Exchange (EGX) which did not conclude 2021 with a rising performance, experts told Mubasher. The EGX-listed …

UAE - Mubasher: The 21st edition of Airport Show will take place at Dubai World Trade Centre (DWTC) during 17-19 May to showcase the latest technology for sustainability and green airports. The three-day event, held in partnership with air and …

Cairo – Mubasher: The UAE-based Global Financial Media (GFM) has launched Mubasher over-the-counter (OTC) platform as a credible and transparent investment portal.  GFM initiated this system to be designated for investors aspiring to trade on …

Abu Dhabi – Mubasher: International Holding Company (IHC) has established a new subsidiary, dubbed Rebound Ltd, to launch Rebound Plastic Exchange as an innovative solution that aims to reduce the world’s plastic pollution. Rebound Plastic …

Mubasher: The emerging markets have recorded 1,329 venture capital (VC) deals with total funding of $6.9 billion during 2021, up 228% year-on-year (YoY) in terms of funding. These markets have witnessed 12 mega-deals with a value exceeding $100 …

Mubasher: Saudi Arabia's mineral potential is considered enormous, due to the recent positive change in government policy, Founder and Executive Chairman of Ivanhoe Mines, Robert Friedland, remarked in a recent press release. Friedland said: “[I] …

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 …

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 …

Riyadh – Mubasher: Saudi Arabia has retained its position as China's top crude oil supplier for the ninth month in a row during August, Reuters cited official data by China’s General Administration of Customs on Monday. Saudi oil exports to China …

Riyadh – Mubasher: Saudi Arabia’s oil exports increased to 7.65 million barrels per day (bpd) in July, hitting the highest level in six months since recording 7.75 million bpd in January, according to official data on Thursday. The exports volume …

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 …

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 …

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 …