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Finastra's solutions cover 90% of banks’ needs
20 January 11:19 AM Interview: We look to repeat Finastra Egypt Digital Trade Forum – Serge Tohme
Mubasher: Finastra was founded in 2017 from the merger of two fintech giants, D+H, a leading financial technology provider and Misys, which provides software solutions focused on retail and corporate banking services. Serge Tohme, Managing …
KFH recorded the highest turnover of KWD 8.52 million
19 January 04:04 PM Boursa Kuwait’s indices collectively rise on Sunday
By: Mohamed Farouk Mubasher: The indices of Boursa Kuwait closed Sunday’s trading session collectively high, amid an increase in the All-Share index by 0.66% or 41.84 points to 6,393.04 points. In addition, the Main and Premiere markets rose by …
Iron prices have dropped by EGP 300 per tonne since the beginning of the week
15 January 03:28 PM Iron prices to further decline as EGP levels up
By: Abdullah Bedeir Cairo – Mubasher: Iron prices are expected to further decline in the coming period, Ahmed El-Zeiny, the head of chamber of building materials at the Federation of Egyptian Chambers of Commerce (FEDCOC) told Mubasher. With the …
Kuwait Real Estate Holding (Al Aqaria) was the top riser
15 January 03:23 PM Boursa Kuwait’s indices end Wednesday mixed
Mubasher: The indices of Boursa Kuwait closed Wednesday’s trading session on a mixed board, as the All-Share index and Premier markets rose by 0.29% and 0.4%, respectively, while the Main Market index declined by 0.05%. Liquidity decreased by …
Bahrain launched Cloud First Policy in 2017
7 January 03:58 PM Pakiza Abdulrahman: Gov’t leads cloud adoption in Bahrain; private sector is following – Interview
By: Ingy ElSafy & Moslem Ali Mubasher: Startup Bahrain is a national initiative launched in 2016 for the purpose of facilitating all tools required for small business to build and establish themselves while growing into international and regional …
The insurance segment topped seven gainers with 2%
7 January 03:22 PM Boursa Kuwait shows mixed performance on Tuesday
By: Mohamed Farouk Mubasher: The Kuwaiti indices closed Tuesday’s trading session mixed, as the All-Share and Premier markets went up by 0.91% and 1.3%, respectively, whereas the main index shed by 0.24%.  The turnover slid by 0.8% to stand at KWD …
Boursa Kuwait's market cat inched down by 0.53%
5 January 04:42 PM Boursa Kuwait’s market cap plunges KWD 184m on Sunday
By: Mohamed Farouk Mubasher: The market cap value of Boursa Kuwait inched down by 0.53% at the end of Sunday’s trading session. The market cap decreased by KWD 184 million ($608.75 million) to KWD 34.464 billion ($114.02 billion) from KWD 34.648 …
The telecommunication sector led nine decliners with 5.36%
5 January 03:40 PM Boursa Kuwait’s indices close Sunday down on regional tension
By: Mohamed Farouk Mubasher: The indices of Boursa Kuwait witnessed a significant decline in its first 2020 trading session on Sunday amid increasing political tensions in the region, due to the US-Iran conflict. The All-Share Index decreased by …
Al Masaken International Real Estate Development came on top of the winners
31 December 2019 03:52 PM Boursa Kuwait’s indices end 2019 collectively high
By: Mohamed Farouk Mubasher: The indices of Boursa Kuwait ended its last trading sessions in 2019 collectively high for the second day in a row, amid mixed performance. The All-Share Index levelled up by 0.18% or 11.07 points to close at 6,282.46 …
The technology sector topped seven gainers
30 December 2019 03:47 PM Boursa Kuwait’s indices close Monday collectively high
By: Mohamed Farouk Mubasher: The indices of Boursa Kuwait ended Monday trading session collectively high with a significant improvement in trading volume and turnover. The All-Share Index increased by 0.38% or 23.75 points to 6,271.39 points, …
Startups do not repay the funding since it is a grant by Tamkeen
26 December 2019 05:31 PM How can non-local startups get grants in Bahrain? – Interview with Pakiza Abdulrahman
 By: Ingy ElSafy & Moslem Ali Cairo – Mubasher: Startups endure several challenges in obtaining financing rounds, but this may not be an issue for a foreign startup if it decides to set up in Bahrain. Pakiza Abdulrahman, Manager of Business …
The number of transactions reached 36,090 this week
26 December 2019 05:01 PM Boursa Kuwait rises in week amid lower liquidity
By: Mohamed Farouk Mubasher: The indices of Boursa Kuwait ended the third week of December collectively high, amid a decline in trading activities. The All-Share Index closed at 6,244.16 points, up by 49 points or 0.79%, compared to 6,195.18 …
The oil and gas sector topped seven decliners with 1.83%
26 December 2019 03:22 PM Boursa Kuwait’s indices end Thursday mixed
By: Mohamed Farouk Mubasher: The indices of Boursa Kuwait ended Thursday’s trading session in a mixed performance for the third day in a row, as the All-Share and Premier markets levelled down by 0.25% and 0.43%, respectively, while the Main …
Salma is the Arabic version of Google Home and Amazon Alexa
26 December 2019 02:08 PM Story behind first Arabic voice assistant ‘Salma’ – Interview
By: Ingy ElSafy & Moslem Ali Cairo – Mubasher: Salma, the first Arabic personal digital assistant developed by Mawdoo3, was among tech startup success stories featured in the recent RiseUp Summit, held in Cairo on 5-7 December. Mubasher visited …
Ali Mohammad Al Shuraidah was appointed as the chairman
23 December 2019 05:02 PM Aan Digital announces new chairman, board members
Dubai – Mubasher: Aan Digital Services Co, dually listed on the Dubai Financial Market (DFM) and Boursa Kuwait, announced the approval for the new board of directors during a meeting held on Sunday, 22 December. The firm appointed Ali Mohammad Al …
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
22 December 2019 00:20 PM Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview
By: Ingy ElSafy & Moslem Ali Cairo – Mubasher: Bahrain is opening its arms for Egyptian startups with flexible and progressive sentiment, and is keen on doing what is best for organizations, startups, and regulators, as described by Pakiza …
Vera Futorjanski during a panel at RiseUp Summit 2019
22 December 2019 10:50 AM Vera Futorjanski: Startups must focus on solving local challenges – Interview
By: Ingy ElSafy & Moslem Ali Cairo – Mubasher: Vera Futorjanski, Director of Innovation and Partnerships at 500 Startups, recently participated in the RiseUp Summit 2019, held in the American University in Cairo (AUC) on 5-7 December, where she …
The price of flight tickets soared more than 70%
21 December 2019 04:22 PM UAE hotels to see record occupancy levels on Christmas holidays
By: Mahmoud Gamal UAE – Mubasher: Emirati airports and hotels are preparing to receive a record level of occupancy and bookings with the beginning of the New Year’s holidays. Emirates Group, Dubai Airports Company, and Dubai’s Roads and Transport …
Credit Agricole is still developing SMEs portfolio and getting some resources
18 December 2019 02:09 PM Antoine Paliard talks fintech innovation, startup contests – Interview
By: Ingy ElSafy & Moslem Ali Cairo – Mubasher: Credit Agricole has chosen Infini Systems, an India-based startup, as the winner of the Fintech Hackathon 2019 during the RiseUp Summit, held in Cairo from 5 to 7 December. A total of 30 teams …
The All-Share Market and Premier indices edged down by 0.09% and 0.20%
16 December 2019 02:41 PM Boursa Kuwait ends Monday on mixed note
By: Mohamed Farouk Mubasher: Kuwaiti indices ended Monday trading session with a mixed performance. The All-Share Market and Premier indices edged down by 0.09% and 0.20%, respectively, while the Main Market index continued its gains, rising by …
Mohamed Okasha, Managing Director of Fawry
15 December 2019 03:18 PM Interview: Fawry will use blockchain technology – Mohamed Okasha
By: Ingy ElSafy & Moslem Ali Cairo – Mubasher: Fawry has been in the Egyptian market for over a decade, and recently listed on the Egyptian Exchange (EGX). During this time, the leading e-payment network proved itself as an “enabler”, said …
Mohamed ElKasstawi as a speaker during RiseUp Summit 2019
12 December 2019 01:31 PM ElKasstawi: Stock markets, gov’t can boost performance via digital money – Interview
By: Ingy ElSafy & Moslem Ali Cairo – Mubasher: Blockchain is increasingly carving out the space within the investment and banking sectors, with cryptocurrencies, tokens, and fiat expected to reshape the future of finance as many countries …
Tribal Credit recently closed a $5.5 million Seed round
12 December 2019 00:04 PM How startups benefit from blockchain at Tribal Credit – Interview with Mohamed ElKasstawi
By: Ingy ElSafy & Moslem Ali Cairo – Mubasher: Startups nowadays should look for new ways to boost their business, and one of these ways is using blockchain technologies and digital money. The US-based Tribal Credit, headquartered in Silicon …
Sawiris set the mastering plan for Andermatt
11 December 2019 11:08 AM Except for El Gouna, all projects came by coincidence – Samih Sawiris in RiseUp
By: Ingy ElSafy Cairo -Mubasher: On the final day of the RiseUp Summit 2019, the Egyptian tycoon Samih Sawiris was hosted to talk to the attendees about different topics and events, whether by speaking out on personal or business matters. The …
Kuwait stocks ended Tuesday higher
10 December 2019 02:14 PM Boursa Kuwait’s equities settle in green on Tuesday
By: Mohamed Farouk Mubasher: Kuwait stocks ended Tuesday higher, after the bourse’s indices saw a mixed start to the session, which was followed later with a retreat close to the midpoint. The All-Share Market index closed 0.08% higher, while the …