KSA
Tawasul
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Closed
05 February 05:02 PM

News Analysis

Photo Archive
25 January 04:06 PM Kuwait raises discount rate as of Thursday
Mubasher: The Central Bank of Kuwait (CBK) decided to lift the discount rate by 0.50% to 4% from 3.50% starting from Thursday, 26 January 2023. The decision is part of recent developments in local and international economic conditions, in addition …
Currencies
Photo Archive
22 January 04:45 PM Gulf debt instruments, Eurodollar bonds hit $15.9bn – Report
Mubasher: The GCC issues of local debt instruments and US dollar-backed Eurobonds jumped to $15.90 billion in the fourth quarter (Q4) of 2022, compared to $11.80 billion in Q3-22 and $14.70 billion in Q2-22. A report by the Central Bank of Kuwait …
Central Banks
Photo Gallery
14 December 2022 03:23 PM Saudi DirectFN to link 7 African stock markets
Riyadh – Mubasher: Saudi Arabia’s DirectFN will be connecting seven African stock exchanges with a market value of $1.50 trillion through the online platform The AELP Trading Link under the African Stock Exchanges Linking Project. The first phase …
Global Economy
Photo Archive
8 December 2022 02:14 PM Economic growth in GCC seen more than double in 2022; reform momentum advised to be kept
Mubasher: The economic growth rate in the GCC region is expected to more than double to 6.5% in 2022, according to the latest report by the International Monetary Fund (IMF). It also advised the Gulf countries to maintain their reform momentum …
Macroeconomics
Issam Abu Sulaiman, Regional Director for the GCC countries at the World Bank
5 December 2022 05:38 PM Mobile apps see over $2.7 daily transactions – World Bank’s Abu Sulaiman
Riyadh – Mubasher: Issam Abu Sulaiman, Regional Director for the GCC countries at the World Bank, stated that transactions worth more than $2.70 billion are being traded on a daily basis through mobile applications. Abu Sulaiman highlighted that …
Macroeconomics
Photo Gallery
5 December 2022 04:07 PM World Fintech Show kicks off in Saudi Arabia
Riyadh – Mubasher: The World Fintech Show has launched today, 5 December, in Saudi Arabia’s capital Riyadh at InterContinental Riyadh.   The event aims to connect the world’s fintech innovators with enterprises, investors, policymakers, startups, …
Event
Photo Gallery
23 November 2022 03:18 PM DFM launches new general index
Dubai - Mubasher: Dubai Financial Market (DFM) has launched its new general index culminating the successful accomplishment of a comprehensive transformation of its indices’ methodology. The developed indices provide various market participants …
Trading Activities
Photo Archive
10 November 2022 07:04 PM ADX derivatives market announces AED 1bn in trades
Abu Dhabi – Mubasher: The derivatives market of the Abu Dhabi Securities Exchange (ADX) has recorded AED 1 billion in traded value during the first year of its launch. More than 1 million contracts were traded with over 100% above peers in the …
Global Economy
Photo Archive
3 November 2022 05:03 PM GCC firms' solid balance sheets ingest higher interest rates – Moody's
Mubasher: Several companies in the GCC region have a strong position to absorb interest-rate hikes which lower businesses' ability to repay debts, Moody's Investors Service stated in a recent report. Moody's predicted that investment-grade …
Global Economy
Photo Gallery
2 November 2022 10:00 PM Americana Restaurants mulls dual listing on ADX, Tadawul
Mubasher: Americana Restaurants International plans to proceed with the initial public offering (IPO) to list and trade its shares on the Abu Dhabi Securities Exchange (ADX) and the Saudi Exchange (Tadawul) through a concurrent dual listing …
Initial Public Offerings
Photo Archive
13 October 2022 04:54 PM Oman Technology Fund invests $50m in MENA - Al Balushi
By: Mahmoud Gamal  Mubasher: Total investments of Oman Technology Fund (OTF) in the Middle East and North Africa (MENA) region exceeds $50 million at the moment, member of the board of directors of OTF, including ITHCA Group, Yousef bin Abdullah …
Macroeconomics
Photo Archive
13 October 2022 00:39 AM Higher oil prices reinforce Gulf’s economic growth in 2023 – UBS’ Bolliger
By: Malek Salama Mubasher: Higher oil and gas prices will boost the Gulf economies throughout 2022 and 2023, Michael Bolliger, Chief Investment Officer for Emerging Markets at UBS Global Wealth Management, told Mubasher. Bolliger stressed the need …
Sector Reports
Photo Archive
12 October 2022 03:34 PM Arab bourses’ market cap reaches $4.21trn by September – AMF
Mubasher: The market cap value of the Arab stock exchanges reached $4.21 trillion at the end of September 2022, according to a recent report by the Arab Monetary Fund (AMF). On a monthly basis, the 13 Arab bourses recorded a 3.24% decline in …
Global Economy
Photo Gallery
11 October 2022 03:28 PM Egypt dominates Forbes Middle East 30 Under 30 list
Mubasher: Egyptians have reigned the 2022 list of Forbes Middle East 30 Under 30 with 12 entries of entrepreneurs, pioneers, creatives, and athletes. The UAE followed with 10, while Lebanon contributed with five and Saudi Arabia with three …
Sector Reports
Photo Archive
9 October 2022 03:15 PM ADX’s vibrant derivatives market welcomes 5 more single stock futures
Abu Dhabi - Mubasher: The Abu Dhabi Securities Exchange (ADX) introduced five more single stock futures in a further step to develop its derivatives market. Starting from 6 October, stock futures on Abu Dhabi Islamic Bank (ADIB), Abu Dhabi …
Derivatives
Photo Archive
4 October 2022 01:21 PM GIH plans listing companies on ADX, Tadawul
Mubasher: Kuwait-based Gulf Investment House (GIH) aims to list three affiliate companies on the Abu Dhabi Securities Exchange (ADX) and another company on the Saudi Stock Exchange (Tadawul), Emirates News Agency (WAM) cited the company’s …
Trading Activities
Photo Archive
29 September 2022 04:40 PM IHC’s unit launches global trading and digital onboarding platform
Abu Dhabi – Mubasher: International Securities has launched a new global trading and digital onboarding platform for local and international investors. The new digital platform will enable investors worldwide to generate national investor number …
Trading Activities
Photo Archive
15 September 2022 11:53 PM GCC asset managers forecast surge in AUM on higher oil prices – Moody's
Mubasher: Asset managers in the Gulf region expected that higher oil prices would boost their assets under management (AUM) and attract larger fund inflows, according to Moody's 2022 survey of chief investment officers (CIOs) from eight GCC fund …
Sector Reports
Photo Archive
29 June 2022 02:20 PM Bitcoin, Ethereum most traded cryptocurrencies among MENA clients – Saxo Bank
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 …
Currencies
Photo Archive
26 June 2022 07:15 PM Tadawul to launch Single Stock Futures in July; 10 listed firms chosen
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 …
Global Economy
Photo Archive
24 April 2022 03:22 PM GFH to start trading on ADX next month
Mubasher: GFH Financial Group will begin the cross-listing of its shares on Abu Dhabi Securities Exchange (ADX) in May 2022 upon the final regulatory approvals, the group announced on Sunday. The listing on ADX will be GFH’s fourth regional …
Companies Investments
Photo Archive
14 April 2022 06:49 PM Online broker FxPro enters Middle East through UAE office
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 …
Companies Investments
Photo Archive
5 April 2022 02:23 PM GFH appoints new Chairman, Vice Chairman
Mubasher: GFH Financial Group has appointed Ghazi Al Hajeri as the group's Chairman effective 4 April 2022 and Edris Al Rafi as Vice Chairman. Al Hajeri, who has occupied the position of Vice Chairman since July 2021, has succeeded Jassim Al …
Trading Activities
Photo Archive
4 April 2022 02:00 PM GFH approves shares cross-listing on Tadawul, ADX
Mubasher: The shareholders of GFH Financial Group gave the green light for cross-listing the entity’s shares on the Saudi Exchange (Tadawul) as well as Abu Dhabi Securities Exchange (ADX). During the ordinary and extraordinary general meeting …
Trading Activities
Photo Archive
25 March 2022 10:20 PM Tadawul expected to be the strongest across regional markets in 2022 – Experts
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 …
Global Economy