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15 April 03:36 PM CNG car sales in India up on rising fuel prices
15 April 01:44 PM Eastern Europe’s construction industry likely to grow 3.6% in 2021
15 April 01:14 PM Dell to get up to $9.7bn following VMWare stake spinoff
Mubasher: Dell Technologies Inc plans to spin off its 81% equity ownership in cloud computing and virtualization software firm VMware.
Online shopping has become more of a long-term behavior change
13 April 03:18 PM Online shopping in KSA, UAE likely to grow during Ramadan – Report
Riyadh – Mubasher: A greater surge in online shopping is expected to be witnessed during the month of Ramadan, which has just started today on 13 April, a recent survey Checkout.com unveiled. Online spending by consumers in the UAE and Saudi …
CEO of Mubasher Media, Assem El-Bassal
4 April 04:49 PM Du aims to turn beginners into professional investors – Mubasher Media CEO
Cairo – Mubasher: The coronavirus (COVID-19) pandemic and its negative implications on the global economy have highlighted the urgent need for platforms that help investors protect their funds, take wise investment decisions, and pursue …
The aggregate net profit of the GCC listed banks plunged by 32.2% YoY
1 April 01:48 PM GCC banking sector's profits record seven-year low in 2020
Mubasher: The net profits of the GCC banking sector hit their lowest levels in seven years, affected by the decline of profits in the fourth quarter (Q4) by almost a third on a quarterly basis to $5.3 billion due to higher provisions, according …
The transaction is expected to close in Q2-2021
31 March 10:31 AM Ooredoo's unit inks $750m sale, leaseback deal for telecom towers in Indonesia
Mubasher: The Indonesian operating company PT Indosat Tbk, a subsidiary of National Mobile Telecommunications Company (Ooredoo), has entered into a $750 million sale and leaseback agreement with PT EPID Menara AssetCo for over 4,200 …
Assem El-Bassal, CEO of Mubasher Media - (Photo Archive)
29 March 05:49 PM Mubasher Media supports investors, plans expansion – CEO Assem El-Bassal
Riyadh – Mubasher: The CEO of Mubasher Media, Assem El-Bassal, said on Monday that the company is working on covering the main aspects across major sectors, led by the investors’ sector, by providing a perfect electronic environment for investors …
The Arab markets haven’t witnessed sharp fluctuations during the crisis
29 March 04:25 PM Arab markets successfully managed COVID-19 crisis thanks to central banks - Abul-Gheit
Riyadh – Mubasher: The leaderships of Arab stock markets have shown great resilience in dealing with the repercussions of the coronavirus (COVID-19) pandemic, Ahmed Abul-Gheit, Secretary-General of the Arab League, said on Monday. The Arab markets …
Mohamed Farid, Chairman of the Egyptian Exchange - (Photo Archive)
29 March 02:15 PM Arab markets have 1,662 listed companies with $3.1trn in capital - EGX Chairman
Cairo – Mubasher: The Arab Federation of Exchanges (AFE) now has 21 members, representing 17 stock and commodity exchanges, four clearing companies, and several securities brokerage companies in the Arab region, the Chairman of the Egyptian …
Financial systems saw great changes during 2020 - (Photo Archive)
29 March 02:13 PM Arab markets lost $350bn at the pandemic's beginning - El-Dokany
Riyadh – Mubasher: Arab stock markets lost around $350 billion in market capitalisation in the first six weeks of the coronavirus (COVID-19) outbreak, according to the Secretary-General of the Arab Federation of Exchanges (AFE), Rami El-Dokany. …
Eng. Mohammed Al Ballaa, Chairman, Mubasher Financial Group
29 March 01:47 PM We aim at increasing investors in Arab markets - Mubasher Chairman
Riyadh – Mubasher: The Chairman of Mubasher Financial Group, Eng. Mohammed Al Ballaa, said on Monday that the use of financial technology (FinTech) has played a significant role in the success and growth of Mubasher companies. More than 10 years …
Saudi Crown Prince Mohammed bin Salman
28 March 11:08 AM Mohammed bin Salman launches Saudi, regional green initiatives
Riyadh – Mubasher: The Saudi Crown Prince Mohammed bin Salman announced the ‘Saudi Green Initiative’ and the ‘Middle East Green Initiative’ with the aim to provide a roadmap for the kingdom and the region to combat climate change, the Saudi Press …
AFE Saudi Arabia 2021 will be held on 29-30 March
25 March 03:09 PM Saudi Arabia to host Arab Exchanges Federation Conference next week: Tadawul
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul), in partnership with the Arab Federation of Exchanges (AFE), is hosting the AFE Annual Conference Saudi Arabia 2021 from 29 to 30 March. The conference aims at creating a platform for …
Users can track their stocks through the Du Invest app
25 March 01:40 PM Mubasher provides e-payment methods for investors via Du app
Cairo – Mubasher: The Vice Chairperson of Mubasher Capital Holding for Financial Investments, Ehab Rashad, said that Egyptian expatriates have shown interest in investing in their homeland and are always looking for investment options. Mubasher …
Mubasher has invested more than EGP 360 million in launching its new Du brand
24 March 04:46 PM Du Trade allows stock trading without barriers
Cairo – Mubasher: Mubasher Financial Services, one of the five largest non-banking financial institutions in Egypt, seeks to attract new segments of customers to invest in the Egyptian Exchange (EGX) through raising financial and investment …
18 March 03:32 PM Google to invest $7bn in US offices, data centres
Google plans to invest more than $7 billion in offices and data centres across the US in 2021.
Mubasher has invested more than EGP 360 million in launching its new Du brand
17 March 05:16 PM Du Invest offers investment, savings schemes to individuals, institutions
Cairo – Mubasher: Mubasher Financial Services, one of the five largest non-banking financial institutions in Egypt, has launched a new investment platform that helps individuals of all income classes to invest their savings. Mubasher has invested …
11 March 03:21 PM BMW 2020 profit falls on pandemic impact, despite China-lead rebound
BMW said its operating profit for 2020 fell due to the COVID-19 pandemic.
Photo Archive
10 March 12:43 PM Qatar Petroleum signs agreement to develop LNG carrier designs
Mubasher: Qatar Petroleum has signed an agreement with LNT Marine, the American Bureau of Shipping (ABS), and Shanghai Waigaoqiao Shipbuilding (SWS), to develop new medium and large liquefied natural gas (LNG) carrier designs. The agreement was …
9 March 03:20 PM China's EV trio plan to list in Hong Kong
The US-listed Chinese electric vehicle (EV) companies, Li Auto, Nio, and Xpeng, seek to list in Hong Kong in 2021.
8 March 04:45 PM EU approves Microsoft's $7.5bn acquisition of ZeniMax Media
 The European Commission has approved Microsoft's $7.5 billion acquisition of ZeniMax Media.
8 March 01:11 PM Panasonic set to acquire US Blue Yonder for $6.5bn
Panasonic is arranging for acquiring Blue Yonder, a US software company focusing on supply chain management.
7 March 04:33 PM US Senate passes Biden's $1.9 trn relief plan
The US Senate has passed President Joe Biden’s $1.9 trillion coronavirus (COVID-19) relief plan.
The 100 CEOs represent 24 nationalities and 21 sectors.
7 March 12:10 PM Forbes unveils “Top CEOs in the Middle East” ranking
Dubai - Mubasher: Forbes Middle East has released its first annual "Top CEOs in the Middle East" ranking, recognising the executives making significant contributions to the region's economies. The 100 CEOs represent 24 nationalities and 21 …