Holiday pay is a voluntary employer bonus that many employees receive. Are you allowed to use the money if your account is seized? In the event of an existing account seizure, any amount that exceeds the seizure exemption amount will be paid out to the creditors. A so-called P account is required. The seizure protection … Read more
Abu Dhabi – Mubasher: The Abu Dhabi Securities Market announced today, Friday, that there was a technical glitch in the indices managed by FTSE Russell for global indices. The financial market in the UAE capital indicated in a notice issued this morning, Friday, that the data presented does not reflect the reality of current trading. … Read more
Banco Bpm closed the first nine months of the year with a record net profit of 943 million euros, up 93.6% compared to the same period of 2022. For the 2023 financial year the bank expects to achieve a net result above 1.2 billion euros, equal to over 0.8 euros per share, with further growth … Read more
direct: The Central Bank of Oman issued government treasury bills for two different terms with a total value of 25.7 million riyals ($66.56 million), out of the total value of the issues offered amounting to 35.7 million riyals. The Central Bank explained in a statement on its official website that the first issuance is worth … Read more
“I regret that I voted for Vasil Terziev. Give it to him that way, if that’s how he interpreted it.” This is what GERB leader Boyko Borisov said after exercising his right to vote. He made this comment on the occasion of what Terziev said earlier that Borisov must have been joking when he called … Read more
Riyadh – Mubasher: United Wire Factories Company “Aslak” recorded a 26.67% decline in net profits in the third quarter of 2023, compared to the same quarter of 2022, and the Board of Directors decided to distribute cash dividends of one riyal per share. The company’s results revealed on the Tadawul website today, Sunday, that net … Read more
It’s deplorable. The situation became clearer in mid-October. “Clarify” isn’t quite the right word. We should rather speak of a “turnaround” as spectacular as it was unexpected. Because the rules could not be said to be equivocal, they were applied uniformly by the entire industry. I touched on the subject briefly in a column published … Read more
Jamie Dimon, chairman and CEO of the world’s largest bank, JPMorgan Chase, plans to sell one million shares of the bank he owns next year. Dimon and his family currently hold approximately 8.6 million shares of JPMorgan, so they would receive approximately $143 million from the transaction at the current share price, roughly 3.3 billion … Read more
“I can confirm the sale. Of course, the price will be decided by the draft of the received offers,” said Nevoralová. Zdenka Klapalová, the director of the real estate consulting company Knight Frank, did not want to comment on the price of the transaction either. The building is located in a heritage zone and consists … Read more
Riyadh – Mubasher: Al-Mowasat Medical Services Company (Al-Mowasat) recorded a growth in net profits by 27.96% during the third quarter of 2023 on an annual basis. According to the company’s financial data, issued on the Tadawul website today, Wednesday, net profit amounted to 156.38 million riyals after zakat and tax, compared to 122.21 million riyals … Read more