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Samih Sawiris as a speaker at RiseUp Summit 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 …
5 hours ago Finland appoints world’s youngest Prime Minister
34-Year old Sanna Marin has been chosen as the new Prime Minister of Finland, which makes her the youngest serving prime minister in the world.
Dubai International Airport
04:32 PM Dubai Airports prepares to cut single-use plastics
UAE – Mubasher: As the clock is ticking towards the self-imposed deadline to ban single-use plastics, Dubai International Airport (DXB) is actively laying the groundwork to eliminate plastic cutlery and drinking straws. In June 2019, Dubai …
04:06 PM OZY Media sees "exponential growth" from MENA in entertainment, media
Mubasher: The global media pioneering company, OZY Media, said it will increase its focus on the entertainment and media industry across the MENA region.
02:53 PM China’s solar PV market grows despite US tariffs - GlobalData
The global solar PV market is expected to see a 13% growth in installations
Lebanon and Jordan saw the highest female participation at 20%
02:29 PM MENA's public, private sectors foster female entrepreneurs' inclusion – Arabnet Report
Mubasher: The proportion of female entrepreneurs across the region stabilised at 14% during the period from 2013 and 2018 despite the governments' initiatives to involve more females in the labour force, according to the 4th edition of the “State …
12:31 PM Sanofi to acquire US biotech firm Sythorx $2.5bn
Mubasher: Sanofi on Monday said it will take over US biotechnology company Synthorx in a cash deal that valued the latter at $2.5 billion.
Samih Sawiris during RiseUp Summit 2019
8 December 05:21 PM Samih Sawiris gives tips to startups, mentions El Gouna Hub during RiseUp
By: Ingy ElSafy Cairo Mubasher: When asked about his advice to the youth who want to establish their own business and startups, the Egyptian billionaire Samih Sawiris said, during the RiseUp Summit 2019 that was on 5-7 December at the American …
Sandra Farid interviewing Samih Sawiris during RiseUp Summit 2019
8 December 03:54 PM Samih Sawiris comments on “Thomas Cook Germany” during RiseUp
By: Ingy ElSafy Cairo – Mubasher: The Egyptian mogul and billionaire Samih Sawiris said: “I have been laughing for the past three days because of this news” when he was asked, during the RiseUp Summit 2019, about the latest news on acquiring …
7 December 10:45 PM US federal aviation admin to impose $3.9m fine on Boeing
Mubasher: The US Federal Aviation Administration (FAA) is seeking to impose a $3.9 million fine on Boeing Company, according to Reuters.
7 December 04:39 PM OPEC+ output cuts may be eased on drop in inventories
Mubasher: OPEC+ output cuts are expected to be eased after global inventories drop and prices reflect a tighter market, Saudi energy minister said.
6 December 10:53 PM Oil futures mark highest settlement in over 2M on Friday
Mubasher: Oil futures recorded the highest settlement since 17 September on Friday, surging 7.3% for the week. 
6 December 10:38 PM Gold settles $18 lower on Friday  
​​​​​​​Mubasher: Gold prices dropped at Friday’s settlement, losing 0.5% for the week.
6 December 07:38 PM Nevada’s public utilities commission approves $1bn solar project
Mubasher: Nevada’s public utilities commission has approved 25-year Power Purchase Agreement for 690 megawatts AC Gemini Solar + Battery Storage Project in Clark County.
6 December 04:57 PM Saudi Arabia leads OPEC+ to agree on more output cuts
Mubasher: OPEC+ agreed to adjust output target and redistribute production cuts between its members, Bloomberg reported on Friday.
6 December 12:56 PM Phoenix Group acquires Swiss Re’s UK unit for $4.3bn
Mubasher: Reinsurance company Swiss Re agreed to sell its UK subsidiary for pension giant Phoenix Group for GBP 3.25 billion in cash and shares.
Novak met his Saudi counterpart Prince Abdulaziz bin Salman
6 December 11:53 AM Saudi-Russian trade exchange grows 54% in 9M–Novak
Riyadh – Mubasher: Saudi-Russian trade exchange grew by 53.8% over the first nine months of 2019 on the prior year, Russian energy minister Alexander Novak said. The volume of trade exchange between Saudi Arabia and Russia amounted to $1.2 billion …
6 December 10:35 AM Global food prices hit 2-year peak in November
Mubasher: Food prices worldwide surged in November, hitting their highest level since more than two years, mainly driven by meat and vegetable oil price increases.
Founder and CEO of ArabNet, Omar Christidis
4 December 05:54 PM Arabnet Riyadh 2019 is packed with initiatives – CEO Interview
By: Moslem Ali Riyadh – Mubasher: ArabNet Riyadh will feature multiple tracks delving into discussions across a range of industries and topics on 10 & 11 December, bringing together more than 6,000 attendees. The Founder and CEO of ArabNet, Omar …
5 December 07:53 PM Ten wild predictions that could change global economy in 2020
5 December 05:42 PM Dubai, London, NY recognised 2019’s ‘Construction Mega Cities’ – GlobalData
The combined value of the project pipelines in those mega cities reaches $5.3 trillion
Sawiris owns 74.9% of Raiffeisen Touristik Group
5 December 02:11 PM Samih Sawiris acquires Thomas Cook’s German franchise network
Cairo – Mubasher: Raiffeisen Touristik Group, majority owned by the Egyptian billionaire Samih Sawiris, has acquired the German franchise network of Thomas Cook, Handelsblatt reported.  Sawiris owns 74.9% of Raiffeisen Touristik Group which …
5 December 01:59 PM India considers law obliging social media users’ verification
The Indian government has proposed a new privacy bill that may require major social media platforms to offer an identify-verification option.
5 December 01:05 PM bitFlyer facilitates crypto purchases in Europe
Mubasher: Cryptocurrency exchange bitFlyer will make it easy for customers in Europe to purchase digital assets through credit and debit cards and other transfer methods.
5 December 01:03 PM Google’s algorithm takes its toll on Expedia as executives resign
Mubasher: Markets are worried over the headwind hitting Washington-based travel technology company Expedia after its CEO and CFO were forced to resign.