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22 February 02:58 PM

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18 February 10:20 AM Saudi oil exports down 10.75% in 2019
Riyadh – Mubasher: Saudi Arabia’s oil exports decreased by 10.75% last year, as shown by the Joint Organisations Data Initiative (JODI) figures. Total exports, including crude oil and petroleum products, declined by 366.59 million barrels per day …
Macroeconomics
13 February 01:15 PM MWC 2020 cancelled over coronavirus worries
The Mobile World Congress (MWC) scheduled to be held in Barcelona on 24-27 February 2020 has been cancelled
Global Reports
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 …
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 …
Macroeconomics
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 …
Event
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 …
Global Economy
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 …
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 …
Companies Investments
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 …
Global Economy
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 …
Event
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 …
Event
Samih Sawiris during RiseUp Summit 2019
8 December 2019 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 2019 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 …
Founder and CEO of ArabNet, Omar Christidis
4 December 2019 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 …
Companies Investments
Hatem Sleiman, Regional Vice President - Middle East, Pakistan & Afghanistan, Western Union
31 October 2019 11:53 AM Sleiman in Interview – Western Union starting to leverage platform in new ways
Mubasher: Western Union, the US worldwide financial services and communications company, has enhanced the UAE with the latest generation of omni-channel platform in a way of confirming the deep commitment to keeping the Middle East at the …
Banking and Finance
The bank plans to launch “Meeza” cards soon
18 September 2019 03:48 PM EALB develops its infrastructure with EGP 1.4bn
By: Islam Fadl Cairo – Mubasher: Egyptian Arab Land Bank (EALB) works on developing its entire infrastructure in the current period, the bank’s chairman Amr Kamal said. The lender is injecting more than EGP 1.4 billion for the development of its …
Banking and Finance
Egypt imported 11 million tonnes of wheat in 2018
20 August 2019 04:53 PM Egypt inspects Russian wheat shipments after explosion – Official
By: Mohamed Mowafy Cairo – Mubasher: The Egyptian Atomic Energy Authority (EAEA) will examine shipments of wheat and other food products coming from Russia, head of Egypt’s National Food Safety Authority (NFSA), Hussein Mansour, said. All …
Commodities
Egypt will pay farmers between EGP 655 and EGP 685 per ardeb
24 June 2019 04:38 PM Egypt pays EGP 14.5bn for local wheat since April
By: Mohamed Mowafy Cairo – Mubahser: Egypt’s government has paid about EGP 14.5 billion for the amount of wheat delivered by local farmers since the beginning of this harvest season, assistant to the country’s minister of supply Wael Abbas said.  …
Egypt has purchased 3.2 million tonnes of local wheat
10 June 2019 06:17 PM Egypt’s strategic wheat reserves sufficient for 5M
By: Mohamed Mowafy Cairo – Mubasher: Egypt's strategic wheat reserves are enough to cover the country's needs for up to five months, assistant to the minister of supply said. The increase in strategic wheat reserves was attributed to the growth in …
Commodities
The supply ministry aims to buy 3.6 million tonnes of local wheat
10 June 2019 01:48 PM Egypt pays EGP 14bn for local wheat since April – Minister
By: Mohamed Mowafy Cairo – Mubasher: Egypt’s government has paid about EGP 14 billion for the amount of wheat delivered by local farmers since the beginning of this harvest season, the country’s minister of supply and internal trade said. Egypt, …
Commodities
Egypt will pay farmers between EGP 655 and EGP 685 per ardeb
9 June 2019 01:33 PM Egypt receives 3.2m tonnes of local wheat since April
By: Mohamed Mowafy Cairo – Mubasher: Egypt’s government has purchased 3.2 million tonnes of wheat from local farmers since the beginning of this harvest season, assistant to the country’s minister of supply said. The world’s largest wheat importer …
Macroeconomics
‘Ai Everything Summit 2019’ kicked off in Dubai on 30 April
19 May 2019 10:17 AM UAE leads GCC in adopting Fourth industrial revolution
Mubasher: The current industrial revolution will not include organisations that do not adapt by using new digital technologies, including the internet of things (IoT) and Artificial Intelligence (AI). Such entities are expected to fail to be ready …
Macroeconomics
Autonomous transport something that the UAE is already actively involved in
16 May 2019 10:44 AM Genomic medicine amid UAE’s goals in Fourth Industrial Revolution – Colliers
Mubasher: The Fourth Industrial Revolution (4IR) is becoming an endorsing factor for economies all over the world and it is currently being seen in various sectors such as real estate, banking, entertainment, healthcare, and the new trend of …
Global Economy