Dubai – Mubasher: The Investment Corporation of Dubai and Brookfield signed an agreement today, Monday, with Olayan Financial and Lunit to sell 49 percent of their stake in the ICD Brookfield Place tower located in the Dubai Financial Center. Global. Upon completion of the agreement, Lunit, through one of its funds, and Olayan Financial Company … Read more
Riyadh – Mubasher: Fawaz Abdulaziz Al Hokair and Partners Company (Synomy Retail) turned to losses during 2023 on an annual basis. According to the company’s financial statements, issued on the Tadawul website today, Sunday, net losses amounted to 1.11 billion riyals, compared to profits amounting to 36.9 million riyals during the year 2022. The company … Read more
Credit card late fees could be lowered by Biden ‘strike force’ Credit Card Late Fees Could be Lowered by Biden ‘Strike Force’ What did the settlement say? Visa and Mastercard have agreed to a settlement with U.S. merchants that promises to lower the fees stores have to pay to process credit card payments. As part … Read more
Dubai – Mubasher: The subscription period for “Parkin” shares on the Dubai Financial Market ends tomorrow, Tuesday, for individual investors in the UAE. According to company data, the subscription period for “Parkin” shares on the Dubai Financial Market for qualified investors continues until March 13. Each subscriber in the first tranche is guaranteed a minimum … Read more
Cycling Santiago Buitrago has won the fourth stage in Paris-Nice. The Colombian from Bahrain-Victorious arrived solo on the short but tough final climb ahead of Luke Plapp, who is the new leader. Remco Evenepoel made an excellent impression in the group of favorites. A strong Ilan van Wilder showed himself in the service of Remco … Read more
Noha Makram – Live – Gold prices stabilized on Tuesday near their highest levels in three months with weak US manufacturing sector data and construction spending as investors awaited testimony by Federal Reserve Chairman Jerome Powell to Congress on key jobs data. The spot price of gold settled at $2,114.99 per ounce, approaching its highest … Read more
The March full moon will arrive on the 25th and the Moon will shine in the sign of Libra. In addition, this full moon will be extra special with a lunar eclipse. What will it bring to our lives? In addition to restlessness and insomnia, there is certainly also a desire for harmony and peace, … Read more
Cairo – Mubasher: The Board of Directors of Talaat Mostafa Group Holding Company proposed cash distributions to shareholders for last year’s profits. The company said in a statement to the Egyptian Stock Exchange today, Wednesday, that the proposal includes distributing a cash coupon of 0.218 pounds per share, to be distributed in two installments, the … Read more
Direct: Contract prices rose, in Tuesday’s trading settlement, following reports indicating that the OPEC+ alliance is considering extending the agreement to voluntarily reduce oil production in the second quarter, in addition to Russia’s ban on gasoline exports for 6 months, starting from the first of March. Brent crude futures for May delivery – the most … Read more
Generation X Leads Americans in Credit Card Debt; Other Generations Ranked According to a recent report, Generation X holds the highest credit card debt among Americans, while other generations fare better in debt management. The findings shed light on the financial situation across different age groups, highlighting the importance of addressing the debt crisis. Let’s … Read more