Investment Holding QPSC: The Extraordinary General Meeting approves the items on the agenda
announced a company Istithmar Holding communicated the results of the Extraordinary General Meeting held on 27/11/2022, in which the following were approved: First: The Extraordinary General Meeting ratified and approved, without any objections or reservations, the issue and the offer of up to (50%) of the capital of the company, where the issue will take […]
Foreigners buy $848 million worth of Emirati shares within a week
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 […]
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 […]
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 […]
24.2 billion dirhams, profits of 17 UAE banks during the first half of 2022
Abu Dhabi – Mubasher: The net profits of 17 banks listed on the UAE capital markets rose to 24.179 billion dirhams in the first half of this year. The net profits of banks during the period from January to June 2022 increased by 40.5%, or the equivalent of 6.966 billion dirhams, compared to net profits […]