Mubasher launches new services portal offering integrated financial information

Mubasher's new portal facilitates stock market trading by offering all relevant information at a single point of access, thus lowering information gathering overheads to provide increased value for subscribers.

"Investors in Middle East markets are using increasingly complex techniques to ply the stock market, and Mubasher is addressing their needs by introducing sophisticated tools and comprehensive information feeds to source relevant decision-making information. Mubasher's services portal offers targeted information that is compiled, analysed and disseminated in real-time to help investors make informed and profitable decisions," said Engineer Mohammed Rashid Al Balaa, chairman of the National Technology Group.

Mubasher's online services portal offers an aggregation of information feeds to keep investors abreast of all pertinent market developments. Investors can choose the "Mubasher Alarm" service to receive SMS or email alerts on important developments. The portal also lists a comprehensive directory of publicly traded stocks in the Kingdom of Saudi Arabia (KSA), Egypt, United Arab Emirates (UAE), Qatar, Kuwait, Bahrain, Oman and Jordan, with Mubasher expanding its directory listings and company profiles to include a number of other Arab countries with international stock options. The portal also hosts a glossary of over 1200 bilingual (English and Arabic ) trading terms to familiarize investors with commonly used expressions, and introduces an index-driven search engine that trawls 600 plus economic fora and websites to compile search results on corporate and stock market activity. The website also includes an index for main information on brokerage companies.

"Mubasher services' search engine capacity lets investors perform detailed searches on market activity, focusing in on companies of interest to help investors make pertinent buy and sell decisions. Mubasher conducted a comprehensive market survey internationally and in the Kingdom of Saudi Arabia prior to its service portal launch, and our research showed high demand for detailed and easily accessible market information through a single point of contact. Mubasher is committed to empowering investors to make sound decisions that result in robust portfolios and positive returns," Engineer Al Balaa added.

Mubasher's online services portfolio complements the Mubasher Market suite that offers real-time financial information and trading capabilities to online investors. Mubasher Market's strong infrastructure and robust services have made it one of the UAE's largest broker companies, facilitating 24 hour electronic trading through PCs, electronic devices and mobiles.

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 350,000 investors with information and tools required to track market trends and make profitable decisions from the comfort of their homes or offices.