Tawasul
Mubasher TV
Contact Us Advertising   العربية

Qatar news

The Middle East could be having a few more unicorns
17 June 12:25 PM Middle East could be seeing more billion-dollar startups – Careem CEO
Mubasher: The Middle East is not far from seeing more billion-dollar startups in the coming months, and it could be having “a few more unicorns in the region,” CEO of ride-hailing company Careem Mudassir Sheikha stated during a CNBC event The …
Tadawul remained the MENA region’s top listing venue in Q1-21
17 June 11:27 AM Saudi Arabia continues to lead MENA’s IPO market – EY
Mubasher: Saudi Arabia witnessed the most active initial public offering (IPO) transactions across the MENA region, topping the regional listing venue in the first quarter (Q1) of 2021, a recent report by Ernst & Young (EY) unveiled. The Saudi …
SAMA has claimed the Global Impact Award 2021 for Aber
16 June 03:21 PM SAMA says Aber project achieves main objectives
Riyadh – Mubasher: The Saudi Central Bank (SAMA) said the digital currency project Aber has succeeded to achieve its main objectives that mainly include understanding, experiencing, and analysing the maturity of the distributed ledger technology …
The Middle East listed banks reduce competition and increase their expertise
16 June 11:02 AM Saudi Arabia, UAE dominate Forbes Middle East’s top 50 listed banks
Mubasher: Saudi and Emirati banks had the most entries in Forbes Middle East’s Top 50 Banks in The Middle East list for 2021 with 10 financial institutions each. Qatar National Bank topped the region’s listed banks with profits of $3.3 billion and …
14 June 02:28 PM IMF considers $50bn plan to end COVID-19 pandemic
Dubai Health Authority (DHA)
13 June 04:29 PM Dubai says 80% of new COVID-19 cases were unvaccinated
UAE – Mubasher: The Dubai Health Authority (DHA) has revealed that vaccines against the coronavirus (COVID-19) reduce the risk of disease and hospitalization. The health authority has called upon everyone to get the vaccine, noting that eight out …
Tabuk will hold the marketing authorisation for the COVID-19 vaccine
13 June 01:11 PM Astra Industrial’s unit partners with Moderna to commercialise vaccine
Riyadh – Mubasher: Astra Industrial Group said its subsidiary Tabuk Pharmaceutical Manufacturing Company has signed a contract with Moderna to commercialise the latter’s COVID-19 vaccine and future variant-specific booster candidates in Saudi …
Takaful premiums have increased at a compound annual rate of 6.8%
10 June 02:36 PM Islamic insurance growth to remain healthy in GCC – Moody's
Mubasher: Islamic insurance, Takaful, premiums are expected to grow moderately over the coming two to three years as more GCC, Southeast Asian, and African countries introduce compulsory health cover, according to Moody's Investors Service. Growth …
10 June 12:04 PM Net interest income represents 60% of banks’ revenues – Moody’s
8 June 03:40 PM Quorum acquires TietoEVRY's oil, gas software business
7 June 04:58 PM Bosch opens EUR 1bn chip plant in Germany
The Bosch Group has inaugurated a EUR 1 billion ($1.2 billion) chip plant in Dresden in Germany.
Bahraini banks made the largest reduction in cash dividends at 72.4%
6 June 03:18 PM Bahrain leads GCC banks in 2020 dividend cuts – Report
Mubasher: Banks across the Gulf area slashed cash dividends for 2020 by 45.4% or $6.6 billion to $8 billion compared to $14.6 billion in 2019, as a result of the effect of the COVID-19 pandemic, according to a recent report by Kamco Invest. The …
The UAE has followed the Kingdom with 20 companies
6 June 10:05 AM Saudi Arabia, UAE lead Forbes Middle East's top 100 listed companies for 2021
Mubasher: Saudi Arabia and the UAE have dominated Forbes Middle East's annual ranking of the top 100 listed companies for 2021, with 37 and 20 companies, respectively. Saudi Arabia has had the most companies on the list, topped by Saudi Arabian …
31 May 04:54 PM OECD raises global economic growth forecast to 5.8% in 2021
Mubasher: The Organisation for Economic Co-operation and Development (OECD) has raised its forecast global economic growth to 5.8%, up from a previous estimate of 5.6%.
Aggregate GCC central government deficit seen at about $80 billion in 2021
27 May 01:42 PM Saudi Arabia likely to account for 60% of GCC cumulative deficit – S&P
Mubasher: Saudi Arabia is expected to account for 60% of the $355 billion cumulative deficit across the GCC states between 2021 and 2024, according to S&P Global Ratings. Kuwait will likely follow with 25%, while the UAE and Oman are projected to …
Roberto Croci, Microsoft for Startups MEA’s Managing Director
27 May 01:03 PM Startup Lounge: Pandemic enabled tech solutions for business continuity - Roberto Croci
By: Ingy ElSafy Mubasher: The technology sector is playing a major role in carving out space for startups to grow and scale their business. One example is Microsoft, which has a programme dedicated to startups. Here in Startup Lounge, Mubasher …
25 May 02:51 PM Huawei to launch new operating system for phones
Huawei Technologies will be launching Harmony, its new operating system for smartphones.
Online penetration in the Middle East is expected to double to 6% by 2024
25 May 01:52 PM UAE, Saudi Arabia lead e-commerce market in Middle East
Mubasher: The UAE and Saudi Arabia have topped the e-commerce growth in the Middle East, both accounting for 75% of the total e-commerce sales in 2020, according to EZDubai’s ‘E-Commerce Sector in the UAE 2020 insights’ report. The two GCC markets …
25 May 01:27 PM UK's government borrowing drops for first time since pandemic
Mubasher: The UK’s government borrowing declined in April for the first time since the beginning of the coronavirus (COVID-19) pandemic.
Nearly 65% of the MENA consumers would make healthier choices
25 May 12:55 PM Affordability seen critical factor for most MENA consumers
Mubasher: Affordability remains a critical factor for most consumers in the Middle East and North Africa (MENA), besides the overall brand experience, EY MENA Consumer Industry Leader, Ahmed Reda, said. “Brands that keep these factors in mind will …
Al Sulaiti has occupied several roles in Ooredoo since 2004
20 May 11:23 AM Ooredoo appoints new CEOs in Oman, Algeria
Mubasher: National Mobile Telecommunications Company (Ooredoo) has appointed Noor Al Sulaiti as CEO of Ooredoo Oman and Bassam Yousef Al Ibrahim as CEO of Ooredoo Algeria. With over 17-year experience in the telecom industry, Al Sulaiti is the …
19 May 03:19 PM Britain’s house prices up 10% in March
19 May 03:09 PM BP, Eni in talks to merge Angolan oil, gas interests
BP and Eni have inked a non-binding MoU to enter into talks to combine their upstream portfolios in Angola.
19 May 02:08 PM Chestertons expands global footprint across Europe, Africa
17 May 04:45 PM AT&T inks $43bn deal to combine WarnerMedia with Discovery
AT&T has entered into a definitive agreement to merge its WarnerMedia assets with Discovery.