Mubasher Exclusive

Bahrain's government is currently working on a raft of policies to prop up startups
13 December 09:20 PM Bahrain eyes becoming innovative hub for startups in GCC- EDB
By: Mohammad Shokhba Cairo – Mubasher: Bahrain is seeking to be the innovative hub for startups in the GCC region, Mohamed Hejres, senior manager of investors relations and government affairs at the Bahrain Economic Development Board (EDB), said. …
12 December 04:13 PM Levari’s Legal Clinic offers fees-free consultancy services to startups
The Legal Clinic, a specialised company in SME legal consultation, supported by Levari, said that it provides fees-free legal
12 December 03:43 PM ITFC to inject $3bn into Egypt in 2019
These financings will be pumped into the wheat and oil sectors at a value of $1.5 billion for each
10 December 04:24 PM Edge Holding logs EGP 1.5bn sales from new capital’s project
The real estate firm has sold around 50% of the project’s residential units
10 December 02:01 PM ENOC to launch 45 new service stations in Saudi Arabia
The move comes along with the Ministry of Municipal and Rural Affairs’ plan to construct up to 1,200 petrol stations
10 December 10:42 AM Five factors to set GCC stocks trend this week -Analysis
Oil prices are expected to negatively impact the markets
9 December 05:35 PM GCC fuel prices seesaw on global market conditions – Survey
Fuel prices in the GCC nations witnessed an increase in 2018 compared to a year earlier to be in line with global market prices.
6 December 01:16 PM Promoting Boursa Kuwait as EM late 2019 – S&P
6 December 09:07 AM Upcoming OPEC meeting, global events to impact GCC bourses Thursday
5 December 07:04 PM 5 stocks support TASI’s gains in 2018
Five blue-chip stocks supported the Saudi Stock Exchange (Tadawul) in 2018, led by Al Rajhi Bank
The bus transportation service is to make a leap in the mass transportation sector
3 December 06:01 PM Careem to launch $100m bus service in Egypt, Saudi Arabia, Pakistan
By: Ahmed Allam Cairo — Mubasher: The Dubai-based Careem is planning to invest $100 million in its bus services that will be launched in Cairo, Saudi Arabia and Pakistan,  Egypt’s general manager of the ride-hailing company said on Monday. Set to …
2 December 11:30 AM Alinma Bank to distribute 10% cash dividends for 2018
The Saudi-based bank will distribute an amount of SAR 1.49 billion
29 November 05:31 PM Jumeirah opens 3rd Zabeel House property in Dubai
The design of the new hotel is inspired by New York loft living
28 November 11:49 AM UAE’s MoF, DoF to finance 2nd phase of Etihad Rail
The volume of good transported will increase to 50 million tonnes instead of 7 million
Saudi Arabia seized the lion’s share of foreign reserves in September 2017
27 November 07:31 PM GCC foreign reserves rise to $693bn; Saudi leads – Analysis
By: Mahmoud Salah El Din and Eman Ghaly Mubasher: Foreign reserves held with members of the GCC rose by the end of September 2018 from a year ago, with Saudi Arabia registering the highest share of the reserves amongst its peers, statistics …
27 November 05:20 PM Saudi oil exports rise 41% in 9M
Crude oil exports accounted for nearly 79% of the kingdom’s total exports
27 November 01:12 PM Vinci project’s sales hit EGP 1bn - Misr Italia
Sales of the first phase of Vinci project reached EGP 1 billion.
27 November 01:11 PM Misr Italia launches 2nd project in New Administrative Capital
Misr Italia Properties has launched its second project in the new administrative capital “Vinci” with a total cost of EGP 6.17 billion.
26 November 05:06 PM UAE banks boost investments in gov't bonds — Analysis
Banks operating in the UAE have increased their investments in the GCC nation’s government bonds by 0.58% year-on-year in the first 10 months of 2018.
29 UAE firms make Top 100 GCC market cap list in 2018
26 November 12:50 PM 29 UAE firms make Top 100 GCC market cap list in 2018
Dubai – Mubasher: A total of 29 UAE-based companies made Gulf Business’ list of 100 Best Companies in the GCC by Market Capitalisation for 2018. The report is issued annually in cooperation with Marmore MENA Intelligence. Several UAE banks made …
25 November 11:15 AM UAE eyes attracting global entrepeneurs with new laws, decisions -Analysis
Abu Dhabi – Mubasher: The concerned entities in the UAE are looking to attract international businessmen to invest in the country and
22 November 06:06 PM UAE real estate sector Q3 profits shrink 39%
22 November 05:30 PM GCC expatriate transfers hit $57.7bn in 6M; UAE leads -Analysis
Transfers by expatriates working in the GCC rose 4.8% year-on-year in the first six months of 2018, according to data compiled by Mubasher.
21 November 03:53 PM Gulf cement firms’ profits fall on heated competition in 9M
21 November 02:27 PM UAE’s Amanat Holdings eyes expansions in GCC, overseas markets –Interview
Amanat Holdings is looking to expand in the UAE, the GCC, particularly Saudi Arabia, and beyond