Mubasher launches Mubasher Pro with satellite connectivity

Mubasher Pro is a highly advanced real-time service that can be run on a workstation via a powerful windows client application. Most suited for banks, investor lounges, branches, dealers, fund managers, portfolio managers and active investors, the service allows investors to view a wide range of information organized in multiple windows on a single screen enabling access to view trade information of multiple markets.

Mubasher Pro drew overwhelming response from visitors to Trend 2006, which was inaugurated by Engineer Mohammed Rashid Al Ballaa, Chairman of NTG. The conference, held under the theme "Towards a more stable bourse", served as a meeting point for investors, major businesses and stock market traders. The event aimed to educate investors on the fundamentals of stock trading and create more awareness among small investors and day traders on the importance of market stabilization. Mubasher was the lead sponsor of the four-day event.

Subscribers of "Mubasher Pro" are offered satellite connectivity through Mubasher Satellite, thereby eliminating problems encountered with limited bandwidth connectivity, as in dial-up and ADSL. Mubasher Satellite has a dedicated link, ensuring end-to-end connectivity and minimizing shutdown frequencies. Subscribers can connect to Mubasher Pro through the satellite dish they use to watch TV. For this, they must purchase a satellite receiver, a DVB (Digital Video Broadcasting) card to be plugged to the computer, and a USB token connected to the PC.

"Mubasher is focused on continually upgrading our services to deliver maximum value to customers, and the introduction of the Mubasher Pro with satellite access is in keeping with this strategy,"

said Engineer Mohammed Rashid Al Ballaa. "Given the frenetic pace of stock market activity today, investors and traders are increasingly looking for sophisticated, high speed information-gathering mechanisms that would update them on latest market trends and price movements with minimum hassle. Mubasher Pro is targeted at this discerning audience."

At Trend 2006, Mubasher also showcased Mubasher Services, Mubasher's suite of value-added services which include Mubasher News, Lectures, Directory and Communications. The Mubasher News service offers daily, up-to-the-minute coverage of stock markets in the Arab world and broadcasts relevant news to publicly listed companies, while Mubasher Lectures provides online interactive training courses supervised by professional trainers along with stock market experts.

Commenting on Mubasher's participation at Trend 2006, Al Ballaa said, "Participating in important events such as Trend 2006, which is the first-ever stock market conference and exhibition in the region, is an integral part of our business strategy as it allows us to promote our products and services to a high-potential audience. We are glad to have lent support to Trend 2006."