Live – Iman Ghaly: the state of Kuwait’s holding of US Treasury bonds in July 2022 reached the highest level since the previous February (5 months ago); This is according to a US Treasury statement last Friday. Kuwait’s holdings in US Treasuries last July amounted to $ 49.4 billion, up 6.24% from the same month’s … Read more
<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" withdraw GBP At around $ 1.1351, down 1% during trading on Friday after data showed UK retail sales fell at the highest pace of the past 8 months last August. The rising cost of living and falling confidence have forced consumers to cut back on spending. While the decline in … Read more
The Japanese yen, sensitive to fluctuations in desire fees, continued to decrease on Tuesday, breaking the barrier of 142 towards the dollar, though the pound and the euro tried using to get better from the multi-calendar year lows versus the dollar the past day. but the euro unsuccessful: the dollar rose 1.07 % in opposition … Read more
Mubasher: The general performance of the Gulf exchanges various at the finish of modern session, pursuing the conclusion of the OPEC Additionally group to slash output to improve oil costs soon after their modern decrease. The Business of Petroleum Exporting Countries (OPEC) and its Russian-led allies, the so-called “OPEC Additionally” alliance, have agreed. on a … Read more
Cairo – Mubasher: Telecom Egypt has denied having been given formal presents to acquire section of its stake in Vodafone Egypt. This is what emerges in a push launch from the corporation, in response to what has been printed pertaining to the intention of the Qatari sovereign fund to negotiate the acquire of element of … Read more
Abu Dhabi – Mubasher: A Reuters study of genuine estate analysts predicts home price ranges in Dubai will increase this calendar year and up coming at a slower pace than beforehand imagined. The survey indicated, now, Monday, that soaring mortgage charges and the charge of living crisis will minimize international demand from customers in the … Read more
The pound recorded its worst month since the finish of 2016 from the US dollar and the worst efficiency versus the euro because mid-2021 because of to fears of a sharp slowdown in the British financial state due to mounting inflation, which has prompted investors to rush to market the British forex. The pound fell … Read more
Owner Salama – Mubasher: The shares of 6 corporations shown on the UAE inventory markets at the near of buying and selling these days, Tuesday, achieved 49% of the liquidity recorded by the Dubai and Abu Dhabi stock exchanges. In accordance to UAE monetary markets information, the investing values of the six shares achieved a … Read more
Dubai: “The Gulf” Financial institutions operating in the Emirates suggested prospects to substitute their old £ 20 and £ 50 banknotes with new kinds, ahead of the deadline established by the Financial institution of England for the validity of applying the previous banknotes of these two denominations, which is the September 30, 2022. In accordance … Read more
Malik Salama – Mubasher: Mixed losses of 4 cement organizations mentioned on UAE funds marketplaces increased 82% all through the initially 6 months of 2022. In accordance to UAE economic industry details for the time period ending June 30, 2022, losses amounted to Dh 95.7 million, in contrast with losses of Dh 52.5 million in … Read more