Abu Dhabi – Live: RAKBANK announced its highest semi-annual profit ever, amounting to 901 million dirhams, an increase of 71% compared to the first half of 2022, while total revenue increased year-on-year by 42% to 2.2 billion dirhams. Customer deposits rose to 49 billion dirhams, an increase of 19% year-on-year, with the share of current … Read more
Malik Salameh – Mubasher: UAE financial market indices rose at the end of trading today, Monday, amid investors’ expectations that the US Federal Reserve will stop raising interest rates during its meeting this week. According to the data of the UAE financial markets, the Abu Dhabi Stock Exchange achieved profits amounting to 25 billion dirhams, … Read more
Riyadh – Mubasher: The preliminary financial results of the Saudi Tadawul Group Holding Company “Tadawul Group” revealed that it recorded a decline in its net profits during the second quarter of 2023 by 23.6%, on an annual basis, while its net profits increased on a quarterly basis by 16%. The company stated, according to a … Read more
The Cyprus Parliament voted against two non-government bills about borrowers’ rights last Thursday, which disregarded warnings from the government and the Central Bank about potential threats to the stability of the financial sector. This marked the final plenary session addressing pending legislative matters before the summer recess. The initial bill, proposed by AKEL, ELAM, DEPA, … Read more
Mostafa Reda – Mubasher: Oil futures expanded their gains during trading today, Thursday, following expectations that global demand for crude would record a record level during the current year. And by 3:39 pm GMT, the price of futures contracts for “Nymex” crude for August delivery increased by 1.1 percent, to record a level of $ … Read more
₲ 274.000 $ 33.00 TAX FREE * * Price in U$ under Tourism Regime, Values do not include VAT (mandatory tax for residents of Paraguay) * Price in US$ under tourism regime, Values do not include VAT (mandatory tax for residents of Paraguay) This Mcdodo CP-3471 universal charging adapter allows you to charge your mobile … Read more
Would you like to be part of our new and motivated team and bring the quality of advice to an excellent level? Then you’ve come to the right place and we look forward to getting to know you!Anil Bilen, team leader After rapid growth in the number of portfolio management activities, we are expanding our … Read more
Greek banks continue to increase financing to shipping companies, contrary to the European trend that shows a limitation of banks’ exposure to the sector. According to the latest available data, Greek banks increased their portfolio by 4.6% to $13 billion, from $12.5 billion the previous year. All four systemic banks are included among the 40 … Read more
Malik Salameh – directThe net purchase of foreign shares in the UAE financial markets during the first week of July 2023 amounted to 287 million dirhams, equivalent to 78 million dollars. After examining the market data, it becomes clear to us that foreign investors carried out purchases on Dubai and Abu Dhabi shares with a … Read more
[Reuters] The disinvestment program of the state from its holdings in banks will be fully implemented from this fall, starting with Eurobank and the allocation of its 1.4% stake. Up next will be National Bank, in which the Hellenic Financial Stability Fund (HFSF) has the largest stake, amounting to 40.39%. The intention of the Economy … Read more