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10 November 01:45 PM Saudi transport sector suffers losses in Q3
Riyadh – Mubasher: Five Tadawul-listed transport companies moved to losses during the third quarter (Q3) of 2020 as revenues from activities plunged due to the adverse effects of the coronavirus crisis. The companies suffered a loss of SAR 130.83 …
Zedny was founded in 2018
18 October 11:25 AM Online platforms for professional development - Interview with Zedny
By: Moslem Ali Cairo - Mubasher: With technological advancements and growing digital infrastructure, the digital education industry is growing in the Middle East. Remote learning, in particular, has gained increased importance with the recent new …
The trading volume registered 496.822 million shares today.
4 October 05:09 PM TASI extends losses on Sunday for second day
Riyadh – Mubasher: The Tadawul All Share Index (TASI) closed lower on Sunday for the second consecutive session after falling by 1.41% or 117.29 points to settle at 8,177.76 points. The trading volume registered 496.822 million shares today, down …
Traded values totalled SAR 259.25 billion in Q3-20.
1 October 03:50 PM Saudi bourse rises 15.36% in Q3 after economic activity resumption
Riyadh – Mubasher: The Saudi bourse’s general index, the Tadawul All Share Index (TASI), leapt by 15.36% or 1,109 points in the third quarter (Q3) of 2020 to stand at the level of 8,333.48 points, compared with 7,224.09 points in Q2-20. This comes …
The webinar discussed the Road to Digital Transformation and Innovation
30 September 12:33 PM Industry leaders discuss the future of digital transformation
By: Moslem Ali Cairo – Mubasher: The British Egyptian Business Association (BEBA) organized a webinar on Tuesday discussing “The Road to Digital Transformation and Innovation” to discuss the rising importance of digital transformation, especially …
The price of 21-karat gold registered EGP 825 per gram
23 September 04:19 PM Egypt's gold prices drop on lower global prices
Cairo – Mubasher: Gold prices continued the downward trend in the Egyptian market, falling by EGP 5 per gram on Wednesday as global prices of the precious metal fell to $1,888 per ounce, Ehab Wassef, a member of the gold division at the Federation …
The e-commerce space acquired the lion’s share of M&A operations over the past five or six years.
14 September 01:26 PM Local M&A market size in Saudi to reach $1.2 billion in 2021 - Interview
Riyadh – Mubasher: The merger and acquisition (M&A) activity is an important aspect of investment in Saudi Arabia, particularly with the launch of the National Transformation Program and Saudi Vision 2030. Like the case with other sectors, the M&A …
Saudi Stock Exchange (Tadawul)
2 September 04:39 PM Your guide to the new Saudi derivatives market - Infographic
Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) launched the Derivatives Market on 30 August 2020 to start trading of the kingdom's first exchange-traded derivatives product. The financial derivatives market will offer investors a …
The derivatives market will be launched on Sunday, 30 August
27 August 04:26 PM Investors awaiting launch of Saudi derivatives market next week
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) is close to launching the Derivatives Market to start trading of the kingdom's first exchange-traded derivatives product. Many market analysts affirmed the launch, set to take place on Sunday, …
Selina Bieber, Senior Regional Director for MENA, Turkey, and South Africa, GoDaddy
26 August 01:36 PM Middle East on track for digital growth - Interview
By: Marina Gamil Cairo - Mubasher: The Middle East has been moving towards digital transformation in the past few years, witnessing more significant technology trends that could reshape its emerging markets.   Since the beginning of 2020, …
COVID-19 made investments in healthcare a top priority
20 August 03:35 PM COVID-19 and the future of digital healthcare services
By: Moslem Ali Cairo – Mubasher: The coronavirus (COVID-19) crisis has changed the outlook for investments in the healthcare sector, providing new opportunities to startups from around the globe, panellists agreed during the Future of Healthcare …
This recession is forecast to drive lower investments
20 August 12:30 PM What should the world learn from the COVID-19 crisis?
By: Marina Gamil Mubasher: Economies have been hit hard by the coronavirus (COVID-19) pandemic, which affected people’s lives, slowed down activity, and disrupted financial markets and supply chains, pushing the world to think of new ways to …
Technology will help bring the best quality of education to all pupils
17 August 03:45 PM The rise of EdTech amid a pandemic; ephemeral boom or a new era?
By: Amal A. Wahaab Cairo – Mubasher: The first virtual event of RiseUp Summit, RiseUp from Home, has recently taken place through the online eventtus platform, under the slogan “Got Grit?” The three-day event was held remotely on 13-15 August in …
Careem expanded its services in Egypt and the GCC
17 August 01:38 PM The story behind the region's first multi-service super app
By: Marina Awadallah Cairo - Mubasher: Dubai-based Careem has recently launched a multi-purpose application, or a Super App, that brings its different services in just one platform, benefiting from the company’s infrastructure which has been built …
The three-day event was held between 13 and 15 August
16 August 03:32 PM How can businesses prepare for the next pandemic?
By: Amal A. Wahaab Cairo – Mubasher: RiseUp Summit has recently concluded its first virtual event, RiseUp from Home, which was launched in line with the preventive measures against the coronavirus pandemic. The three-day event was held on 13-15 …
For an enterprise system stability is more important than functionality
16 August 12:42 PM How a startup application can be a modern enterprise system?
By: Marina Awadallah Cairo - Mubasher: As the world is rapidly moving into digital transformation, scaling businesses from startups to an enterprise that facilitates the exchange of data is necessary for their growth and their operations’ …
How the pandemic changed the e-payments outlook in MENA?
12 August 07:27 PM The future of e-payment solutions after COVID-19
By: Moslem Ali Cairo – Mubasher: “Stay Home” is a global call that spread across the world over the past months, signalling not only a new public policy and a health precaution against an infectious disease but a turning point in how markets …
The price of 24-karat gold amounted to EGP 1,046 per gram
5 August 04:05 PM Egypt's gold prices rise to all-time high
Cairo – Mubasher: Gold prices continued its rising trend in the Egyptian market, reaching an all-time high on Wednesday, according to the gold division at the Federation of Egyptian Chambers of Commerce (FEDCOC). The price of 24-karat gold …
The price of 24-karat gold stood at EGP 958.85 per gram
23 July 03:12 PM Gold prices register new record high in Egypt
Cairo - Mubasher: Gold prices in the Egyptian market recorded on Thursday its highest level ever, according to the gold division at the Federation of Egyptian Chambers of Commerce (FEDCOC). The higher gold prices in the Egyptian market came …
The sensor could be used in NASA's next Venus rover
20 July 03:51 PM Egyptian engineer wins NASA design competition
By: Moslem Ali Cairo - Mubasher: Egyptian engineer Youssef Ghali has won first place in a competition by NASA to design a sensor for a Venus exploration rover. The public competition was seeking ideas for a mechanical obstacle-avoidance sensor …
The government pays farmers between EGP 670 and EGP 700 per ardeb
6 July 04:33 PM Egypt buys 3.5m tonnes of local wheat since mid-April
By: Mohamed Mowafy Cairo – Mubasher: The Egyptian Holding Company for Silos and Storage has received more than 3.5 million tonnes of wheat from local farmers since the beginning of this season which started in mid-April, the company’s chairman …
Al Sudairy expects the real estate finance sector to double in 10 years
21 June 02:14 PM Amlak CEO: Our IPO came at the right time – Interview
By: Mahmoud Salah El-Din Mubasher: The recently announced initial public offering (IPO) of Amlak International for Real Estate Finance is part of the company’s strategy since its inception, especially as it is achieving strong growth, according to …
TASI ended the week at 7,050.66 points
21 May 04:56 PM Tadawul closes Thursday in green; up 5% in week
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Thursday’s trading session on a marginal rise, supported by the gains of the energy and petrochemicals stocks. The Tadawul All Shares Index (TASI) increasing by 0.01% on Thursday to …
Saudi Stock Exchange (Tadawul)
14 May 06:22 PM Tadawul gains 88 pts in week
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended the second week of May on a positive note, recovering some of its losses in the previous week. The Tadawul All Share Index (TASI) increased by 1.3% or 88.45 points, as it closed Thursday, …
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17 April 06:48 PM Tadawul down 5.4% in week
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) recorded losses during the week that ended 16 April, after rising for three consecutive weeks. The Tadawul All Share Index (TASI) lost 5.35% or 374.55 points and closed at 6,631.69 points, …