$ 36.8 million in net foreign purchases of Emirati shares in Tuesday’s session

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 […]

UAE Yahsat’s profits drop 19% in 9 months

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. […]

Jafza contributes 50% to the volume of electronics trade in Dubai

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. […]

Misr Aluminum shareholders agree to distribute a cash coupon of £ 4.5 per share

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 […]

The “Kuwait National Bank” records the highest quarterly profit in its history

Kuwait – Mubasher: Increase in profits National Bank of Kuwait In the third quarter of 2022, it increased 45% annually to 136.4 million dinars (438.9 million US dollars), which is the highest quarterly profit in the bank’s history. Kuwait National Bank reported profits in the first nine months of this year of 374.2 million dinars […]