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Samih Sawiris as a speaker at RiseUp Summit 2019
9 December 2019 04:44 PM Samih Sawiris speaks out on personal & business habits during RiseUp
By: Ingy ElSafy Cairo – Mubasher: A lot of people lack the presence of a role model or mentor in their lives to take after and aspire when it comes to both personal and business matters. The Egyptian billionaire Samih Sawiris has opened up before …
Issuance of the new visa takes 7 minutes
27 September 2019 09:27 PM Saudi Arabia launches fast visa for 49 countries
Riyadh – Mubasher: Saudi Arabia will start issuing tourist visa as of 28 September, chairman of the Saudi Commission for Tourism and National Heritage, Ahmad Al-Khatib, stated, according to Saudi Gazette. Issuance of the new electronic visa will …
The contract is expected to generate operating profit
15 May 2019 08:15 PM HEISCO inks $6.47m deal with Saudi Arabian Chevron
Mubasher: Heavy Engineering Industries and Shipbuilding (HEISCO) has signed a KWD 1.97 million ($6.47 million) seven-month contract with the Kuwait-based Saudi Arabian Chevron Inc. The contract is expected to generate operating profit, which will …
Noor closed Thursday’s session 1.2% higher at 68 fils
20 December 2018 03:48 PM Noor sells 16m shrs in Pakistan’s Meezan Bank
Mubasher: Noor Financial Investment announced that it has sold equity representing 1.35% of capital in Pakistan’s Meezan Bank. The Boursa Kuwait-listed company has sold 15.75 million shares in Meezan Bank at a total value of KWD 2.65 million ($8.8 …
The project aims at improving the overall state of infrastructure in Kuwait’s water and wastewater sector.
4 November 2018 04:14 PM KAPP awards KWD 382m contract to WTE Wassertechnik GmbH, IFA
Mubasher: Kuwait Authority for Partnership Projects (KAPP) announced that it has inked an agreement with Germany’s WTE Wassertechnik GmbH Group and Kuwait’s International Financial Advisors (IFA) to expand the Umm Al-Hayman (UAH) Wastewater …
Noor currently owns 39.53% equity in Meezan Bank
12 August 2018 04:15 PM Noor exits $6m stake in Pakistan’s Meezan Bank
Mubasher: Noor Financial Investment announced selling 9 million shares or 0.85% of its equity ownership in Meezan Bank, Pakistan's first and largest Islamic bank. The equity transaction is valued at $5.57 million or KWD 1.68 million, according to …
Earnings grew to KWD 1.83 million ($6.08 million) in Q1-18
14 May 2018 10:38 AM Combined Group Q1 profits jump 259%
Mubasher: Combined Group Contracting Company recorded a leap of 258.7% in profits during the first quarter of 2018 compared to the same period in the previous fiscal year. Earnings grew to KWD 1.83 million ($6.08 million) in Q1-18 from nearly KWD …