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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.
Ibrahim El-Araby, Chairman of the Egyptian-Japanese Business Council
1 April 04:48 PM Japan invests $10m in new industrial complex in SCZone
Cairo – Mubasher: Ibrahim El-Araby, Chairman of the Egyptian-Japanese Business Council, announced the launch of the first Japanese investments in the Suez Canal Economic Zone (SCZone) through the establishment of a new industrial complex. With …
Egypt's food exports to Jordan fell by 9% to $169 million in 2020
31 March 02:04 PM Egypt’s food exports to Jordan exceed $1bn between 2014-2020
Cairo – Mubasher: Egypt’s food exports to Jordan amounted to $1.047 billion from 2014 until 2020, the Deputy Executive Director at the Egyptian Food Export Council, Tameem El-Dawy, was cited by the Middle East News Agency (MENA) as saying. The …
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 …
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 …
The ministers proposed the export of Egyptian and Jordanian products to Iraq without trade barriers
25 March 03:47 PM Egypt, Jordan, Iraq explore cooperation in energy, industry, other sectors
Cairo – Mubasher: The Minister of International Cooperation, Rania El-Mashat, chaired the Egyptian Ministerial Group in the ministerial coordination meeting virtually between Egypt, Jordan, and Iraq. The meeting was held to complete discussions on …
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 …
Minister of International Cooperation, Rania El-Mashat
24 March 03:13 PM Egypt, Jordan sign seven cooperation agreements
Cairo – Mubasher: The Egyptian Minister of International Cooperation, Rania El-Mashat, confirmed that the ministry will work on following up with the cooperation documents and agreements signed during the Joint Higher Committee meetings, in …
Egyptian Minister of International Cooperation Rania El-Mashat
22 March 07:14 PM Egyptian-Jordanian Higher Committee signed 147 protocols, agreements since 1985
Cairo – Mubasher: The Joint Egyptian-Jordanian Higher Committee is considered one of the committees that is regular in its meetings ever since its launch in 1985. The joint committee plays an important role in promoting bilateral cooperation at …
Photo Credit: Press Release
22 March 04:33 PM El-Mashat reviews results of Egyptian-Jordanian Higher Committee expert-level meetings
Cairo – Mubasher: Minister of International Cooperation Rania El-Mashat headed the Egyptian side in the Ministerial preparatory meetings of the Joint Egyptian-Jordanian Higher Committee, held on March 22 through video conference. With the …
Photo Credit: Press Release
21 March 02:43 PM Joint Egyptian-Jordanian committee launch preparatory experts meetings
Cairo – Mubasher: Preparatory Experts meetings for the 29th Joint Egyptian-Jordanian Higher Committee began on March 20 in the Jordanian capital, Amman, chaired by Tariq Al-Shaarawi, Adviser to the Egyptian Minister of International Cooperation …
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.
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.
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 …
Photo Archive
3 March 01:49 PM S&P launches ratings for Saudi local currency debt
Riyadh – Mubasher: S&P Global Ratings said it is providing GCC National Scale Ratings for entities in Saudi Arabia issuing local currency debt, Reuters reported on Wednesday. Over the past few years, Saudi Arabia, the GCC region’s largest economy, …
3 March 12:43 PM Samsung considers four sites in US for $17bn chip plant
Samsung Electronics Co is considering two sites in Arizona and two others in New York and Texas’ Austin for a new $17 billion chip plant.
2 March 04:32 PM What Do Smartphones Bring to the Table in 2021?
The iPhone 12, along with Samsung Galaxy S21 Ultra and the Huawei Mate 40 Pro, have helped drive consumer demand.
2 March 03:05 PM Target earnings exceed estimates as sales grow 21%
Earnings of Target surpassed Wall Street’s estimates, as its sales were boosted by a strong holiday season and stimulus checks.
Abu Dhabi National Oil Company (ADNOC) - (Photo Archive)
2 March 12:34 PM ADNOC to ease output cuts in April
Mubasher: Abu Dhabi National Oil Company (ADNOC) is expected to increase crude shipments next month, Reuters reported, citing Asian refiners. ADNOC reportedly plans to ease output cuts by 5% in April, compared with curbs of 10-15% in March. On …