21 Jan 2011
(MEANFN) Mubasher’s Chief Executive Officer Malek Kanawati said that the company plans to expand operations into ten new frontier markets including Pakistan, India, Bangladesh and Sri Lanka and some former Soviet states by the end of March of 2011, reported the National.
The CEO said that new markets would enhance the company’s revenue by one fifth.
The CEO of Dubai’s largest stock broker said that emerging into south and central Asia is important due to the market slacking backing at the UAE. He said that profits decreased and lack of liquidity in stock exchanges make this step crucial for securing revenues.
The CEO said that he predicts over twenty brokerages to close down over the course of 2011.
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more