“ADNOC Logistics and Services IPO Subscription Starts at ADX”

Abu Dhabi – Mubasher: The Abu Dhabi Securities Market is witnessing today, Tuesday, the start of the subscription period for the shares of ADNOC Logistics and Services, a subsidiary of ADNOC, by offering 15% of its capital. Equivalent to 1109.8 million of its shares in the market. According to the data, the subscription targets 3 […]

Qalaa Financial Consulting Company Reports Annual Profitability Transformation

Cairo – Mubasher: The consolidated financial statements of Qalaa Financial Consulting Company revealed, for the past year, the company’s transformation from losses to profitability, on an annual basis.. And the company stated in a statement to the Egyptian Stock Exchange, today, Sunday, that it achieved a net profit of 14.28 billion pounds during 2022, compared […]

Guangzhou Man Loses 6 Million Yuan from Bank Account in Just One Meal

A man surnamed Zheng in Guangzhou had 6 million yuan in bank deposits, and only 690 yuan was left after a meal. (Picture / flip from Weibo) Is it safe to keep money in a bank? Maybe not so absolute. There is a man surnamed Zheng in Guangzhou City, Guangdong Province, China. One day seven […]

VETC licensed e-wallet payment intermediary service

On May 8, VETC Automatic Toll Collection Co., Ltd. announced that it was officially licensed by the Governor of the State Bank of Vietnam for providing intermediary payment services. According to the decision, VETC payment intermediary services licensed by the State Bank of Vietnam include e-wallet services, electronic payment gateway services, collection and payment support […]

The Growth of Green Financial Bond Issuance by Chinese Banks

Recently, a number of commercial banks have successfully issued green financial bonds in the national inter-bank market. Since the beginning of this year, the issuance of green financial bonds has intensified. According to data from Oriental Fortune Choice, as of May 7, commercial banks planned to issue green financial bonds of 135.8 billion yuan, an […]

“Flexible Murabaha Finance Company records 10% increase in net profits in Q1 2023”

Riyadh – Mubasher: The Saudi “Flexible Murabaha Finance Company” announced that it recorded an increase in its net profits by 10% during the three-month period ending on March 31, 2023. The company stated in a statement today, Sunday, that the net income during the first quarter amounted to about 15.2 million riyals, with a profit […]