Mubasher: Suhail bin Mohammed Al Mazrouei, the UAE Minister of Energy and Infrastructure, unveiled that the country is deploying a nationwide network of public and private electric vehicle (EV) charging stations to fully realise the potential of …
Riyadh – Mubasher: Global hospitality leader Hilton has signed a memorandum of understanding (MoU) with the Saudi Tourism Authority (STA) to attract people from leading markets across the Middle East and Africa (MEA) to visit Saudi Arabia. The two …
Mubasher: The Head of Investor Relations (IR) Business at GFM Mubasher, Amr Emara, took part in the Arab Federation of Capital Markets (AFCM) annual conference in Oman, where he joined a panel that included the CEO of Bahrain Bourse, Khalifa Al …
Cairo – Mubasher: The Financial Regulatory Authority (FRA) has recently approved the launch of Azimut Precious Metals Fund under the name az-Gold, which marks the first gold investment fund in Egypt. Mubasher Trade, which is licensed by the …
UAE – Mubasher: The UAE Ministry of Finance teamed up with Bloomberg and Euroclear Bank to launch a new auction solution which will enable the ministry, in collaboration with the Central Bank of the UAE (CBUAE), to issue dirham-denominated Islamic …
Mubasher: The UAE has topped the 10 lowest risk countries across the Middle East and Africa (MEA) region in GlobalData Regional and Global Risk Index (GCRI) for the fourth quarter (Q4) of 2022. The region is seen affected by supply chain …
Mubasher: The Brazilian exports to the Arab World jumped by 14.01% year-on-year (YoY) to $4.42 billion in the first quarter (Q3) of 2023, compared to $3.87 billion. The imports also increased by 1.70% to $2.76 billion in Q1-23 from $2.71 billion …
Mubasher: Economies in the MENA region are expected to grow at a slower pace in 2023, according to the World Bank’s latest economic data. The slower growth is seen driven by double-digit food inflation, while the MENA’s gross domestic product …
Mubasher: Economic growth among the GCC countries is forecast to be slower in 2023, following a sharp recovery in 2022, according to a recent report by S&P Global. The report attributed the sluggish economic growth to OPEC-related oil production …
Mubasher: The business travel spending across the Middle East and Africa (MEA) region is projected to return to pre-pandemic levels by 2024, according to the Business Travel Index Outlook annual forecast and outlook 2022 from the Global Business …
Mubasher: The Central Bank of Kuwait (CBK) decided to lift the discount rate by 0.50% to 4% from 3.50% starting from Thursday, 26 January 2023. The decision is part of recent developments in local and international economic conditions, in addition …
Mubasher: Venture debt investments in the MENA region have exceeded $260 million through 18 financing deals during 2022, according to a report by Shuaa Capital and MAGNiTT. The report indicated that the high value came despite a backdrop of …
UAE – Mubasher: The United Nations Conference on Trade and Development (UNCTAD) will hold its 8th World Investment Forum in Abu Dhabi during 16-20 October 2023, according to a press release. Held under the theme ‘Investing in Sustainable …
Mubasher: The GCC issues of local debt instruments and US dollar-backed Eurobonds jumped to $15.90 billion in the fourth quarter (Q4) of 2022, compared to $11.80 billion in Q3-22 and $14.70 billion in Q2-22. A report by the Central Bank of Kuwait …
Mubasher: The ICT Conference (MEET ICT) and the Bahrain International Technology Exhibition (BITEX) is back in its 11th edition from 7-9 May 2023 at Gulf Hotel’s Gulf Convention Centre. This announcement was made in collaboration with the Bahrain …
Abu Dhabi – Mubasher: The World Future Energy Summit, the 14th leading business event for future energy and sustainability, begins a three-day run at the Abu Dhabi National Exhibition Centre (ADNEC) on 16 January 2023. The summit will host global …
Cairo – Mubasher: Egypt on Sunday will extend an official invitation to American business tycoon Elon Musk to visit Egypt at the time of his choice. The move, which would be a boon for the country’s tourism sector, comes after a viral tweet the …
Cairo – Mubasher: The Nile Property Expo intends to enter new markets for the first time in 2023 such as London and New Jersey in the US. The announcement was made by Basem Kalila, Chairman of the Board of Directors of Expo Republic, the company …
Cairo – Mubasher: The fourth edition of the Startups Without Borders (SWB) Summit will kick off this February at Cairo Business Park in New Cairo, state-run news agency MENA reported. Under the theme of Go Borderless, this year’s summit is set to …
Dubai - Mubasher: Regional investors' appetite for global real estate investment opportunities is expected to grow, with GCC economies likely to be relative global outperformers in 2022 and 2023, according to JLL’s latest report. The challenges …
Cairo – Mubasher: The Suez Canal Authority (SCA) said that a cargo ship that went aground in the Egyptian waterway has been refloated and canal traffic was restored. Earlier today, M/V GLORY grounded while joining Southbound convoy near the city …
Mubasher: The latest GCC E-Performance Index 2022 revealed that all GCC countries have performed exceptionally well on five major global indicators, showcasing significant progress in digital transformation. The report was issued by Orient Planet …
Abu Dhabi - Mubasher: Abu Dhabi Islamic Bank (ADIB) launched the region’s first tokenised, contactless payment methods through the options of clasp and ring ‘ADIB PAY’, in partnership with token enablement service provider Tappy Technologies and …
By: Abdallah Beder Cairo – Mubasher: Investments of award-winning payment solutions provider (PSP) PaySky in Egypt have exceeded EGP 100 million, the company’s Founder and CEO, Waleed Sadek, told Mubasher. With a vision of democratising …
