Important economic data lifts the pound and the euro against the dollar
The stability of the dollar against the Egyptian pound at the start of its trading, and the rise of the euro and the pound
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 […]
$ 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 […]
The Egyptian Minister of Health discusses the preparations for the launch of the initiative to support the mental health of citizens
Cairo – Mubasher: Minister of Health and Population Khaled Abdel Ghaffar affirmed his full support for initiatives and programs that concern mental health and instill a culture of recovery from mental disorders and rehabilitation, which helps to improve the quality of citizens’ lives and to face the changes that occur in societies. This took place […]
A subsidiary of “G42” intends to list its shares on the Abu Dhabi Stock Exchange
Abu Dhabi – Mubasher: AI Data Company, a subsidiary of G42, intends to offer 571,428,572 shares of the company under public subscription, equal to 22.22% of its capital on the date of listing and listing of the company on the main market of Abu Dhabi Stock Exchange . The company explained that the company’s planned […]
Kuwaiti indicators vary at the beginning … and “the first” is retreating on its own
Kuwait – Mubasher: The major Kuwait Stock Exchange indices began trading today, Sunday, with a decline in 7 sectors. At 09:30 Kuwait time, the main market index increased by 1.11%, the two main indices increased by 0.75% and the “general” marginally by 0.01%, while the first index the market fell 0.17% from last Thursday’s level. […]