“Flexible Murabaha Finance Company records 10% increase in net profits in Q1 2023”

Riyadh – Mubasher: The Saudi “Flexible Murabaha Finance Company” announced that it recorded an increase in its net profits by 10% during the three-month period ending on March 31, 2023. The company stated in a statement today, Sunday, that the net income during the first quarter amounted to about 15.2 million riyals, with a profit […]

Lebanese Minister of Finance Questioned by European Delegation on Financial Corruption and Money Laundering Allegations

Mubasher: The Minister of Finance of the Lebanese caretaker government, Youssef Al-Khalil, appeared today, Friday, before the European judicial delegation that is visiting Lebanon for the third time since the beginning of this year to hear bankers as witnesses in European investigations taking place in France, Germany and Luxembourg regarding cases of financial corruption and […]

Global Gold and Oil Prices Fall Ahead of Federal Reserve Meetings

Mubasher: The decline dominated most of the global gold and oil prices, in addition to the US dollar index, during trading today, Tuesday, on the eve of the start of the crucial Federal Reserve meetings expected by investors in the world. And by 11:00 am GMT, Brent crude futures for July delivery were down 0.04%, […]

“Unified Issuance Program Successfully Reduces Billing Errors by 95%”

I wrote – Rahma Ramadan Monday, April 24, 2023 12:00 AM An official source at the Ministry of Electricity and Renewable Energy revealed that the unified issuance program experiment was implemented 3 months ago in the Abbassiya administration of the North Cairo Electricity Distribution Company, which includes 67 thousand subscribers, revealing that the bill that […]