Sources revealed to Bloomberg that it is scheduled to close the order book for selling an additional 10% stake in Telecom Egypt later today, Thursday. According to the agency, the price range per share ranges from 22.22 to 27.16 pounds, while the number of shares offered is 170.7 million shares. It stated that the 10% … Read more
ANP NOS News•today, 07:42 ING has had one of the best quarters in recent years. In the first three months of the year, a profit of 1.6 billion euros was made, more than 270 percent more than a year earlier. At that time, the bank still had to set aside more than 800 million euros … Read more
Jakarta – Bank Indonesia (BI) notes that the stability of the Indonesian financial system until March 2023 shows strong defense. This happened in the midst of a fragile United States (US) financial system where a number of banks went bankrupt. “Indonesia’s financial system is resilient in facing the impact of the closure of a number … Read more
A man surnamed Zheng in Guangzhou had 6 million yuan in bank deposits, and only 690 yuan was left after a meal. (Picture / flip from Weibo) Is it safe to keep money in a bank? Maybe not so absolute. There is a man surnamed Zheng in Guangzhou City, Guangdong Province, China. One day seven … Read more
On May 8, VETC Automatic Toll Collection Co., Ltd. announced that it was officially licensed by the Governor of the State Bank of Vietnam for providing intermediary payment services. According to the decision, VETC payment intermediary services licensed by the State Bank of Vietnam include e-wallet services, electronic payment gateway services, collection and payment support … Read more
Abu Dhabi – Mubasher: The Ducab Group contributes more than 6.6 billion dirhams to the UAE economy, and exports 60% of its products to more than 55 markets. It provides a wide range of world-class solutions for the energy sector, and employs more than 1,400 employees in its factories and offices. Ducab Group supplies grew … Read more
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 … Read more
On the first trading day in May, the Shanghai and Shenzhen stock markets fluctuated and diverged, the Shanghai Index continued to rebound, and the ChiNext Index ushered in an adjustment. On the disk, the media and game sectors set off another wave of daily limit, the big financial sector was strong throughout the day, the … Read more
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%, … Read more
Dubai – Mubasher: The Dubai Energy Exchange announced that the actual delivery volumes of Oman crude oil increased by 18 percent in the first quarter of 2023, as it delivered 63.77 million barrels, compared to 54.01 million barrels in the same period of 2022. The stock market recorded a 9 percent increase in trading volume … Read more