Mubasher launches EStore for online purchase of e-financial solutions

Mubasher is the leading provider of real-time price dissemination, analytical tools, news and other services for the financial markets in the Middle East.

Mubasher is the first Arabic and English real-time stock market information service, providing more than 350,000 investors in 18 countries with information and sophisticated tools to efficiently monitor market trends via the internet or mobile phone. The Mubasher product suite, which includes Mubasher Pro, Mubasher Net and Mubasher Mobile , can now be bought at Mubasher Estore using standard internet payment methods.

Dr. Waleed Al Ballaa, Group General Manager of Mubasher said, "Given today's volatile markets reliable and real time access to market information has become critical for the region's investors. Mubasher EStore provides an easily accessible payment option to subscribe to our proven real time market data services. We hope that members of the financial community will take advantage of this opportunity to subscribe to market leading Mubasher products which will help them make timely investment decisions."

A new report released recently by the Economist Intelligence Unit predicts the aggregate economies of Gulf Cooperation Council countries to reach $2.3 trillion by 2020. The financial services sector, one of the most vibrant business segments in the region, is expected to play a significant role in achieving realizing this projection. Practitioners are thus turning to sophisticated services and tools to sustain the momentum of the region's financial markets.

Mubasher products support real-time multi-channel, multi-market price dissemination, online Straight Through Processing trading with state-of-the-art technical analytical tools, news, and other value-added services.

National Technology Group the parent company of Mubasher is the largest ICT holding company in the Middle East with a group turnover in excess of SR2bn.

National Technology Group has been in operation for well over 25 years while Mubasher has been in operation for over 10 years. Mubasher has been able to leverage on highly specialized ICT experience of its parent company to build the market leading Mubasher solutions.