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 …
Mubasher: The majority of GCC consumers, about 85% of respondents to a survey, would currently opt for digital banking services rather than visiting a bank branch, according to a paper by Backbase with YouGov. With the appetite accelerating more …
Mubasher: A total of 16 Saudi Arabia companies have been included in Forbes Middle East’s 30 Biggest Asset Managers 2021 list, representing more than 50% of the list. The 30 asset managers in the region posted a cumulative $258.2 billion in assets …
Mubasher: The S&P GCC Composite index, a comprehensive benchmark covering stocks from the six Gulf markets, gained last June for the eighth consecutive month as oil prices continued to rise, with Brent crude remaining above $70 per barrel …
Riyadh – Mubasher: Saudi Arabia’s General Authority of Civil Aviation (GACA) has suspended direct and indirect travel of citizens to the UAE, Ethiopia, and Vietnam without obtaining prior permission from the concerned authorities due to the …
Mubasher: Green and sustainability-linked debt issuances in the MENA region amounted to $6.4 billion in value during the first half (H1) of 2021, exceeding the global growth rate, according to a report by Bloomberg on Sunday. The region’s green …
Mubasher: Approximately 100 million people in the Middle East use mobile gaming, with the industry across the region expected to reach $4.4 billion by 2022 compared to $1.06 billion in 2016. The region’s mobile gaming market grew 25% in 2020, …
Mubasher: All visitors from the Arabian Gulf countries who are vaccinated against COVID-19 will be allowed to enter Switzerland without the need to undergo quarantine nor testing. This decision has come to effect on 26 June, according to a press …
Riyadh – Mubasher: Saudi Arabia plans to establish an industrial zone in Oman, following joint discussions between the two Gulf states, Saudi Press Agency reported. Saudi Arabia will be developing, operating, and managing the industrial zone while …
Mubasher: The UAE, Egypt, and Saudi Arabia were the top three Arab countries attracting foreign direct investment (FDI) inflows in 2020, according to the Arab Investment & Export Credit Guarantee Corporation (Dhaman) report on Thursday. The …
By: Moslem Ali Cairo - Mubasher: In the second instalment of our interview with the Founder and Chairman of Sawari Ventures, Ahmed El-Alfi, we discuss the future of technology and the opportunities of startups to succeed as technological …
Mubasher: The capital adequacy ratio (CAR) of the listed banks across the Gulf area rose to 18.7% in 2020 from 18.4% in 2019, according to a KPMG report. Net profit meanwhile shrank to $25.4 billion last year, compared to $36.6 billion in 2019. …
By: Moslem Ali Cairo - Mubasher: Today’s guest in the Startup Lounge has played an integral role in developing the entrepreneurial scene in Egypt and the MENA region. He is one of the startup ecosystem leaders and investors who brought real …
Mubasher: The UAE, Egypt, Bahrain, and Qatar have topped the MENA region’s list of destinations of interest for Saudi international travellers since Saudi Arabia reopened its borders a month ago, given their proximity and familiarity, a recent …
