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27 September 04:40 PM Pfizer begins study for novel COVID-19 oral antiviral drug
Pfizer has started a mid-to-late-stage study to evaluate the investigational novel oral antiviral drug for COVID-19.
Nihal El-Chami, Head of Programme and Marketing at Falak Startups
14 September 12:49 PM Startup Lounge: More VC investors now interested in Africa, Middle East – Nihal El-Chami
By: Marina Gamil Cairo – Mubasher: With the growing number of startups across different sectors, especially financial technology (FinTech), the dynamics of the venture capital (VC) landscape in Egypt have been changing with local and international …
The Egyptian market accounts for 10-15% of Mrsool's total operations
16 August 02:39 PM Mrsool eyes expansion in Africa via Egypt, listing on an Arab stock exchange
By: Ahmed Allam  Cairo - Mubasher: Mrsool has invested about EGP 300 million in the Egyptian market since launching its operations in the country in mid-2019, Country Manager for Egypt Osama Harfoush revealed.  The Saudi delivery platform is …
25 August 04:10 PM Xiaomi records 64% higher revenues in Q2-21
Xiaomi Corp reported a 64% increase in revenues to 87.8 billion yuan during the second quarter (Q2) of 2021.
The signing ceremony
1 August 05:20 PM DirectFN signs contract for African Exchanges Linkage Project
Mubasher: The African Securities Exchanges Association (ASEA) has signed a contract with DirectFN to procure an order-routing system, in support of cross-border trading between African markets. Seven of Africa’s leading securities exchanges are …
Job applicants can answer questionnaires and present an introductory video
16 August 03:29 PM AI-powered conversational recruitment tool could cut hiring time by 80%
Mubasher: A new online platform that uses artificial intelligence (AI) solutions claims it can make the recruitment process easier for both employers and job candidates, cutting down hiring time by 80%. Launched by US-based Velents, ConvoRecruit …
The Hajj season this year will witness a digitised journey from start to finish
13 July 01:37 PM How pilgrims benefit from digitisation when performing Hajj
By: Ingy ElSafy Mubasher: The COVID-19 pandemic has brought technology-enhanced methods that help authorities implement social distancing to preserve the health of people. Saudi Arabia will provide a digital Hajj (Muslim pilgrimage) this year and …
28 July 04:03 PM Pfizer’s sales of COVID-19 shots hit $7.8bn in Q2-21
27 July 03:29 PM Arabica coffee prices hit highest level in seven years
26 July 01:19 PM Bitcoin hits highest level since May
21 July 03:44 PM Johnson & Johnson expects $2.5bn in COVID-19 sales in 2021
Johnson & Johnson has expected to record $2.5 billion in the sales of its coronavirus (COVID-19) vaccine.
21 July 11:10 AM Central banks, wealth funds shifting to greener investments
COVID-19 is accelerating the transition of central banks and wealth funds to greener investments.
21 July 10:07 AM World Bank deploys $157bn to fight COVID-19 impacts
The World Bank has allocated over $157 billion to face the health, economic, and social impacts of COVID-19.
20 July 02:21 PM CO2 emissions to surge to record levels in 2023
The global carbon dioxide (CO2) emissions are set to surge to record levels in 2023.
Ahmed El-Alfi, Chairman of Sawari Ventures
22 June 04:46 PM Startup Lounge: Tech offers great opportunities for success – Interview with Ahmed El-Alfi
By: Moslem Ali Cairo - Mubasher: In the second instalment of our interview with the Founder and Chairman of Sawari Ventures, Ahmed El-Alfi, we discuss the future of technology and the opportunities of startups to succeed as technological …
Ahmed El-Alfi, Chairman of Sawari Ventures
21 June 01:01 PM Startup Lounge: High growth requires taking risks – Interview with Ahmed El-Alfi
By: Moslem Ali Cairo - Mubasher: Today’s guest in the Startup Lounge has played an integral role in developing the entrepreneurial scene in Egypt and the MENA region. He is one of the startup ecosystem leaders and investors who brought real …
EGX Chairman Mohamed Farid speaking at the forum
13 June 01:44 PM EGX Chairman expects 4-5 IPOs in H2-21
By: Ahmed Allam Sharm El-Sheik – Mubasher: Egyptian Exchange (EGX) Chairman Mohamed Farid said that after listing the shares of two new companies this year, a third offering that was delayed is expected before the end of 2021. Speaking on the …
GACA issued a circular to all airlines operating in Saudi Arabia
4 July 03:48 PM Saudi Arabia suspends flights to three destinations on COVID variant
Riyadh – Mubasher: Saudi Arabia’s General Authority of Civil Aviation (GACA) has suspended direct and indirect travel of citizens to the UAE, Ethiopia, and Vietnam without obtaining prior permission from the concerned authorities due to the …
4 July 01:33 PM Hitachi ABB to change name to Hitachi Energy
Mubasher: Hitachi ABB Power Grids will change its name to Hitachi Energy from October 2021, coinciding with its first-year anniversary. 
24 June 04:40 PM OPEC+ considers cautious supply rise amid global demand for barrels
OPEC+ countries are scheduled to hold an online meeting on 1 July 2021 to consider whether to further raise oil production.
24 June 12:16 PM Credit Suisse expects 5.9% growth in global economy in 2021
The global economy is expected to grow 5.9% in 2021 and 4% in 2022, as countries are gradually resuming their economic activities.
14 June 02:28 PM IMF considers $50bn plan to end COVID-19 pandemic
Photo Archive
13 June 08:24 PM Egypt-Algeria bilateral trade expands by 14% in Q1
Cairo – Mubasher: A recent report by the Egyptian Commercial Service showed that trade exchange between Egypt and Algeria rose by 14% during the first quarter (Q1) of 2021, the Middle East News Agency (MENA) reported. The report showed that …
Dubai Health Authority (DHA)
13 June 04:29 PM Dubai says 80% of new COVID-19 cases were unvaccinated
UAE – Mubasher: The Dubai Health Authority (DHA) has revealed that vaccines against the coronavirus (COVID-19) reduce the risk of disease and hospitalization. The health authority has called upon everyone to get the vaccine, noting that eight out …
Tabuk will hold the marketing authorisation for the COVID-19 vaccine
13 June 01:11 PM Astra Industrial’s unit partners with Moderna to commercialise vaccine
Riyadh – Mubasher: Astra Industrial Group said its subsidiary Tabuk Pharmaceutical Manufacturing Company has signed a contract with Moderna to commercialise the latter’s COVID-19 vaccine and future variant-specific booster candidates in Saudi …