Do you have concerns regarding a worldwide financial meltdown?
The global economy heavily relies on the banking system, making it one of the most significant components of any country’s financial infrastructure. However, the COVID-19 pandemic has caused significant disruptions in the world’s financial sector, leading many to worry about an impending global banking crisis. While banks have faced numerous challenges in the past, the […]
Major banks left scrambling as relief over Credit Suisse deal crumbles.
The banking industry was given a glimmer of hope when Credit Suisse announced a multibillion-dollar deal to settle claims related to its role in helping wealthy Americans evade taxes in 2014. However, that relief was short-lived as the agreement began to unravel, leaving major banks scrambling to assess the potential fallout. This turn of events […]
Amid Turmoil in Banking Sector, ECB Deems Interest Rate Hike ‘Highly Probable’
The European Central Bank (ECB) is reportedly gearing up to increase interest rates in the near future, despite significant turbulence in the banking sector. Recent months have seen several major banks struggling with financial difficulties, with some even facing collapse, prompting concerns about the stability of the financial system. As a result, the ECB’s potential […]
Banking crisis in the United States: Joe Biden spoke and said that Americans can have confidence in the system
The president of the United States, Joe Bidenstated in a speech on Monday from the White House that the country’s banking system It is safeafter a few days of turbulence after the collapse of two banks and the fear that it will occur a contagion effect. From the Roosevelt Room of the presidential mansion, Biden […]
In the week of threatening to raise the interest rate… 4 Gulf stock exchanges in particular, Egypt and the UAE are retreating
And Egypt and the Emirates are retreating Mubasher – Mahmoud Jamal: The Arab financial markets witnessed varying ups and downs at the end of the weekly trading, which coincided with the assertion of US Federal Reserve Chairman Jerome Powell, before Congress, that the Central Bank will likely have to increase interest rates more than expected […]
Al Ansari Financial Services offers 10% of its shares on the Dubai Financial Market
Mubasher: Al-Ansari Financial Services Company, which is based in the UAE, said today, Thursday, that it intends to offer 750 million shares on the Dubai Financial Market through an initial public offering, representing 10% of the value of the company’s issued capital.. The company added, in a statement, that the subscription period for the initial […]
Canadian “Aimco” Asset Management explores investment opportunities in Abu Dhabi
Abu Dhabi – Mubasher: A company is exploring AimcoCanadian Asset Management, investment opportunities and building relationships with the largest sovereign funds in Abu Dhabi and the world. Evan Sidal, CEO of the company, said that investing in the UAE is one of the attractive offers due to the local currency’s peg to the dollar, as […]
The Abu Dhabi Stock Exchange lost 540 million dollars of its market value by the end of Monday’s trading
Mohamed Shaker – Mubasher: The UAE financial market indices declined at the end of the trading session on Monday, amid fears of continuing to raise interest rates. According to the data of the UAE financial markets, the Dubai and Abu Dhabi stock exchanges attracted a liquidity of 1.960 billion dirhams, distributed over 21,335 transactions. Dubai […]
The Dubai Stock Exchange wins 721 million dirhams, at the end of the first session of the week
Muhammad Shaker – Mubasher: The UAE financial market indicators varied at the end of Monday’s trading session, with the Dubai Financial Market rising, while the Abu Dhabi Financial Market declined, before the release of US inflation data. According to the data of the UAE financial markets, the Dubai and Abu Dhabi stock exchanges attracted liquidity […]
Mazaya Qatar Real Estate Development Company: Holding the Ordinary General Assembly on 01/03/2023 for the year 2022
Mazaya Qatar Real Estate Development Company announced / announced the invitation of the Ordinary General Assembly to convene on 01/03/2023, St. Regis Doha Hotel (Grand Hall) at 05:30 pm, and in case of lack of a quorum, the alternative meeting will be held on 08/03/ 2023, The St. Regis Doha Hotel (Grand Ballroom) at the […]