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Mubasher enhances services for investors in Middle East
Published in The Saudi Gazette on 23 - 12 - 2009

Mubasher, the premier provider of e-financial solutions and a subsidiary of National Technology Group (NTG), has announced that it has recently completed the development of a new service that provides website users and investors in the Middle East with real-time financial information from Beirut through the Mubasher Pro real-time stock market information service.
The new service, which is offered in Saudi Arabia, Jordan, the UAE, Egypt, Kuwait, Oman, Qatar and Bahrain, is in line with the agreement earlier signed by Mubasher and Beirut Stock Exchange (BSE), which sought to give institutional and retail investors greater flexibility and more confidence to make informed investment decisions in the BSE.
The agreement was signed recently by Eng. Mohammed Rashid Al Ballaa, Founder and Chairman of National Technology Group, and Dr. Fadi Khalaf, who was then the CEO of Beirut Stock Exchange and is now in charge of running the Union of Arab Stock Exchanges.
The move complements the growing economic activity in Lebanon and the increasing confidence of foreign investors in the Lebanese economy, which has benefited greatly from the current political stability.
“This initiative comes in line with Mubasher's continuing efforts to provide an advanced, integrated electronic trading platform that covers all stock markets in the region, allowing clients to trade, monitor and control their portfolio as well as follow up their investments from their homes or offices. It also provides our clients with tools for technical and financial analysis that will help rationalize their decisions regarding their investments based on accurate information,” said Al Ballaa.
Mubasher is the first bilingual (Arabic and English) real-time stock market information service and online trading engine in the GCC countries, Egypt and Jordan.
It empowers over 500,000 investors with information and tools required to track market trends and make profitable decisions from the comfort of their homes or offices.


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