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 […]
The proposed Polish ban on Russian rubber will cripple the tire industry
LIVE: Poland is pushing for a ban on Russian synthetic rubber to be part of new EU sanctions, which are set to be unveiled on the one-year anniversary of the start of Russia’s military attacks on Ukraine on February 24. And according to the Balkan News Network, which specializes in Eastern European and Eurasian affairs, […]
The UAE stock exchanges gained $ 4.94 billion in the first sessions of the week
Malik Salameh – Mubasher: UAE financial market indices rose at the end of trading today, Monday, in conjunction with the stability of the dollar, the emergence of US job data, and the possibility of the Federal Reserve continuing to raise the interest rate. According to the data of the UAE financial markets, the Dubai Financial […]
102% increase in the quarterly profits of “KFH”, with a recommendation to distribute free cash
Kuwait-Mubasher: The profits of Kuwait Finance House “KFH” increased in the fourth quarter of 2022 by 101.7% on an annual basis, with a recommendation to distribute cash and bonus shares. According to a statement to the Kuwait Stock Exchange today, Monday. KFH achieved profits in the three months ending December 31, 2022 of about 151.94 […]
Norway’s sovereign fund invests $1.7 billion in UAE stocks
Abu Dhabi – Mubasher: The value of the Norwegian Government Pension Fund’s investments in Emirati companies’ shares reached 6.49 billion dirhams ($1.76 billion) by the end of 2022, an increase of 53% over the value of 2021 investments, which amounted to 4.24 billion dirhams ($1.15 billion). The market value of the Norwegian fund’s new investments […]