Live: The majority of European stock indices rose, at the end of the first sessions of the week, on Monday, with a decline in sovereign debt yields in Germany, Italy, and the United Kingdom. At the end of trading, the European Stoxx 600 index rose by 0.4% to 478.1 points, and gains were limited by … Read more
Credit will continue to slow in 2024. That is the projection made by the Association of Private Banks of Ecuador (Asobanca) for the year that has just begun and after a balance of 2023. (We invite you to also read: “2024 arrives with an Ecuador on the path of over-indebtedness”) Moody’s predicts more credit for … Read more
The Ombudsman, Angel Gabilondohas taken a proactive initiative involving the Bank of Spain and the Secretary of State for Economy and Business Support. This step focuses on evaluating and strengthening consumer protection in the field of microcredit. Context of microcredits Microcredits, also known as quick loans, are mainly aimed at consumers in precarious or desperate … Read more
Cairo – Mubasher: The Egyptian Stock Exchange said that the right to cash distributions for the Arab Cotton Ginning Company will end at the close of the session on Sunday, January 21. The Stock Exchange stated, in a statement today, Thursday, that it was decided to distribute the Arab Cotton Ginning Coupon No. (23) at … Read more
Direct: Dragon Oil Company, wholly owned by the Dubai government, announced the start of crude oil production from the Al Wasl field north of Safa in Egypt, which is the company’s first oil discovery there. The operation of the Al Wasl offshore platform came after the successful implementation of the first phase of early production … Read more
Abu Dhabi – Mubasher: Eshraq Investment Company announced that it will continue purchasing a share of its shares. In a disclosure to the Abu Dhabi Securities Market, today, Tuesday, the company explained that it had purchased 105,000 shares of its stock. She confirmed in the disclosure that this is within the framework of the share … Read more
Live: US stock indices rose at the end of Wednesday’s session, with markets evaluating the Treasury Department’s sale of $58 billion in debt due to be repaid after 5 years, which led to a decline in 10-year bond yields to their lowest level in 5 months. At the end of trading, the Dow Jones Industrial … Read more
Noha Makram – Live – US stocks stabilized on Wednesday, with traders focusing on the S&P 500 index, which is heading to record high levels. The S&P 500 fell slightly, while the Dow Jones Industrial Average fell by 10 points, while the Nasdaq rose by 0.2%. CNBC reported that the broader market index is trading … Read more
Dubai – Mubasher: Calm prevailed in the UAE stock exchanges at the end of Tuesday’s session after large deals were executed and listed shares reached the maximum. The Dubai Financial Market Index rose by 0.26% to 4,028.88 points, with Takaful Emarat shares topping the list with the highest increase by 4.75%, Union Properties by 3.18%, … Read more
Riyadh – Mubasher: The Saudi stock market, “Tadawul,” ended Monday’s session with a noticeable rise, continuing its gains for the second session in a row, in light of a collective rise in the major sectors, amid a jump in liquidity. The general market index, TASI, closed up 1.05%, adding 122.44 points to its balance, raising … Read more