The shareholders of Sidi Kerir Petrochemicals decide to increase the capital to 1.5 billion pounds
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 […]
Gandia and Vicky Foods support the Hope Run against metastatic breast cancer
The councilor for health and health policies, Liduvina Gil, accompanied by José Vicente Castell, head of the Vicky Foods Foundation and Maribel Codina, president of AECC Gandia, presented in a press conference the solidarity campaign Hope Run which will be held this Sunday in Gandia. Gil explained the details of this Hope Run: “It is […]
Masdar Green Fund strengthens its portfolio by acquiring new properties for 934 million dirhams
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 […]
Tourism Pioneers hires new financial advisor to evaluate Target assets for purchase
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 […]
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 […]
Sebastián Mora wants to win his own Champions League
Sebastián Mora will contest the Champions League. No, it’s not that he changed the bicycle for the soccer ball, but that he is, at the same time, claim and contend for the victory of the second edition of the UCI Track Champions League, a circuit that will start this Saturday in Palma de Mallorca and […]
More profits for supermarket giant Ahold, ‘but left a beautiful spring in Europe’
ANP News from the NOS•today, 10:48 Despite high inflation, the Ahold supermarket group, Albert Heijn’s parent company, sees its profits rise. Net profit increased 13 percent in the last quarter to nearly 600 million euros. Globally, the supermarket group’s turnover increased by nearly 21%. This is largely due to the appreciation of the dollar. Ahold […]
$ 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. […]
The Florida Foundation and Labora train students in entrepreneurial skills
The Florida Foundation manages, together with the Department for Sustainable Economy, Productive Sectors, Trade and Labor, the Labora Emprén Capacitació program, a program in which Labora and the Directorate General of Entrepreneurship and Cooperatives participate. The objective of this program is to identify people with entrepreneurial concerns, evaluate their possible projects and support them in […]