Malik Salameh – directedAt the close of trading last week, the net purchase of foreign shares from UAE financial markets stocks amounted to AED 367 million, or $100 million. According to data from the UAE financial markets, foreign investors made purchases of shares in Dubai and Abu Dhabi for a value that exceeded 3.112 billion … Read more
Cairo – Mubasher: The Extraordinary General Meeting of Sidi Kerir Petrochemical Company approved the increase in issued and paid-up capital from EGP 1.26 billion to EGP 1.51 billion, an increase of EGP 252 million. The company said in a statement to the Egyptian Stock Exchange on Wednesday that the hike is spread across 630 million … Read more
Abu Dhabi – Mubasher: The Masdar Green Real Estate Investment Fund, the first of its kind in the UAE dedicated to investing in sustainable real estate assets, has announced the completion of the acquisition of AED934 million worth of properties. The fund said in a statement released on Monday that under the latest deal, the … Read more
Cairo – Mubasher: Rowad Tourism Company – Rowad announced that it has commissioned Keys Financial Consulting Company to study the fair value of assets owned by Target Real Estate Investment Company, which it is about to acquire. And the company confirmed in a statement released today, Sunday, that previous ratings will not be taken into … Read more
Cairo – Mubasher: Dollar exchange rates against the Egyptian pound stabilized at the start of its trading today, Sunday, and at the start of weekly trading in Egyptian banks. In the two largest banks by assets and transactions, Banca Nazionale and Banque Misr, the exchange recorded £24.34 in purchases and 24.39 in sales. In the … Read more
Malik Salama – Mubasher: The net purchase of shares by foreigners on the financial markets of the United Arab Emirates at the end of trading today, Tuesday, amounted to 135.337 million dirhams, equal to 36.84 million dollars. Foreign investors made purchases of shares in Dubai and Abu Dhabi for a value of over 734.854 million … Read more
Abu Dhabi – Mubasher: The profits of the satellite communications company Al Yah “Yahsat” fell by 19% during the first nine months of this year. The company’s profits amounted to 129 million dirhams ”at the end of the first nine months of 2022, compared to 159 million dirhams made in the same period of 2021. … Read more
People will not be able to buy the clothes of Jeffrey Dahmer, the infamous serial killer in American history, on eBay. According to an eBay spokesperson, the items have long been banned under eBay’s Violent and Violent Offender Policy. It also means that the removal of these elements did not stem from the Netflix limited … Read more
Dubai – Mubasher: The volume of trade in electronics and home appliances in 2021 in the Emirate of Dubai reached 2.7 million tons, with a value of more than 347 billion dirhams. Dubai’s strong infrastructure enhances its commercial position to help meet local and regional sales demands for e-commerce platforms, according to Al Khaleej newspaper. … Read more
Cairo – Mubasher: The Ordinary General Assembly of Misr Aluminum Company approved the report of the board of directors and the financial statements for the last financial year. The company said today, Tuesday, in a statement to the Egyptian stock exchange, that the general meeting has decided to distribute a cash coupon to shareholders at … Read more