Muhammad Shaker – Mubasher: Net foreign investments (buying/selling) in stocks in the UAE financial markets at the end of the first nine months of this year amounted to 12.302 billion dirhams, equivalent to 3.358 billion dollars. According to data from the UAE financial markets, foreign investors carried out purchasing operations in Dubai and Abu Dhabi … Read more
Muhammad Shaker – Mubasher: The shares of 6 companies listed in the UAE financial markets, at the end of Tuesday’s trading session, acquired 42 percent of the liquidity achieved by the Dubai and Abu Dhabi stock exchanges. According to data from the UAE financial markets, the trading values of the six stocks recorded liquidity amounting … Read more
The delinquency of loans granted by Spanish banks remained at 3.5% in July, the same figure as the previous month, which continues to be the lowest rate since December 2008. According to data published this Monday by the Bank of Spain, Non-performing loans were reduced by 399 million in July alone, up to 41,774 million. … Read more
Live: Two officials at the US Federal Reserve explained that at least one more interest rate increase is possible, and that there is a need for high borrowing costs to continue for a longer period so that the bank can reduce inflation to return to its 2% target. Boston Federal Reserve Bank President Susan Collins … Read more
Noha Makram-Live- The Bank of Japan kept interest rates very accommodative on Friday and pledged to continue supporting the economy until inflation sustainably reaches its 2% target, indicating that it is in no rush to end its massive stimulus programme. Markets are focusing on the statements of Kazuo Ueda, Governor of the Bank of Japan, … Read more
Palo Alto Networks reveals survey results of Thai organizations showing increased confidence in cyber security measures. It was found that Thai organizations saw an increase of more than 50% in the number of highly damaging attacks, accounting for approximately 22% of all organizations that are confident in following up on cyber security issues. This is … Read more
Dubai – Mubasher: The value of trading of 27 brokerage companies operating in the Abu Dhabi and Dubai Financial Markets has recorded about 600 billion dirhams since the beginning of 2023. Brokerage companies’ trades were distributed at 467.9 billion dirhams, the value of trades in the Abu Dhabi market, and 136.5 billion dirhams in the … Read more
Live: Oil prices increased to their highest level during the year this week, continuing their rise, which strongly highlighted the possibility of returning to the level of $100 per barrel before the end of this year, according to the expectations of some analysts. Oil contracts have risen sharply this month so far, achieving the third … Read more
Noha Makram – Live – Oil prices rebounded on Thursday, as expectations of further cuts in crude oil production for the rest of 2023 outweighed fears of weak global growth and rising US inventories. The International Energy Agency said yesterday, Wednesday, that the Kingdom of Saudi Arabia and Russia’s continued reduction in their production will … Read more
Abu Dhabi – Mubasher: Abu Dhabi Future Energy “Masdar” – the largest clean energy producer in the United Arab Emirates – plans to double its capacity this year, helping to boost the country’s green potential ahead of a major climate conference. Mohammed Jameel Al Ramahi, CEO of the company – which manages projects from the … Read more