“Telecom Egypt to Sell 10% Stake at 22.22-27.16 LE Per Share: Bloomberg Report”
Sources revealed to Bloomberg that it is scheduled to close the order book for selling an additional 10% stake in Telecom Egypt later today, Thursday. According to the agency, the price range per share ranges from 22.22 to 27.16 pounds, while the number of shares offered is 170.7 million shares. It stated that the 10% […]
“Ducab Group: Contributing 6.6 Billion Dirhams to UAE Economy and Exporting 60% of Products”
Abu Dhabi – Mubasher: The Ducab Group contributes more than 6.6 billion dirhams to the UAE economy, and exports 60% of its products to more than 55 markets. It provides a wide range of world-class solutions for the energy sector, and employs more than 1,400 employees in its factories and offices. Ducab Group supplies grew […]
“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 […]
Lebanese Minister of Finance Questioned by European Delegation on Financial Corruption and Money Laundering Allegations
Mubasher: The Minister of Finance of the Lebanese caretaker government, Youssef Al-Khalil, appeared today, Friday, before the European judicial delegation that is visiting Lebanon for the third time since the beginning of this year to hear bankers as witnesses in European investigations taking place in France, Germany and Luxembourg regarding cases of financial corruption and […]
Discover the Health Benefits of Apple Cider Vinegar
Al-Marsad Newspaper: Apple cider vinegar has many health benefits for the body, and it has been associated with positive health outcomes such as reducing some of the risk factors associated with heart disease. Cholesterol lowering According to natural medicine specialist Josh Reed, consuming apple cider vinegar may also help lower cholesterol, especially in people with […]
Global Gold and Oil Prices Fall Ahead of Federal Reserve Meetings
Mubasher: The decline dominated most of the global gold and oil prices, in addition to the US dollar index, during trading today, Tuesday, on the eve of the start of the crucial Federal Reserve meetings expected by investors in the world. And by 11:00 am GMT, Brent crude futures for July delivery were down 0.04%, […]
“Dubai Energy Exchange Reports 18% Increase in Oman Crude Oil Delivery Volumes in Q1 2023”
Dubai – Mubasher: The Dubai Energy Exchange announced that the actual delivery volumes of Oman crude oil increased by 18 percent in the first quarter of 2023, as it delivered 63.77 million barrels, compared to 54.01 million barrels in the same period of 2022. The stock market recorded a 9 percent increase in trading volume […]
“Japan Considers Extending Unemployment Benefits to Part-Time Workers Under 20 Hours Per Week”
Japan is considering extending its unemployment insurance benefits to part-time workers who work less than 20 hours a week. This move aims to support families and provide more opportunities for job retraining. Currently, individuals with at least 20 work hours per week and expect to be employed for at least 31 days are eligible for […]
Japan receives first shipment of low-emission ammonia from Saudi Arabia for co-burning with fossil fuels
Riyadh – Mubasher: The State of Japan received the first shipment of low-emission ammonia from Saudi Arabia, today, Friday, with plans to use it in co-burning alongside fossil fuels. to reduce carbon emissions. It is noteworthy that Japan, which lacks energy resources, wants to add hydrogen and ammonia to its energy mix, as it agreed […]
Madinet Nasr for Housing and Development approves financials and increases capital in General Assembly meeting
Cairo – Mubasher: The Ordinary General Assembly of Madinet Nasr for Housing and Development approved the report of the Board of Directors and the financial statements for the past year. The company said in a statement to the Egyptian Stock Exchange today, Wednesday, that the general assembly agreed to distribute a cash coupon to shareholders […]