Abu Dhabi – Mubasher: A company is exploring AimcoCanadian Asset Management, investment opportunities and building relationships with the largest sovereign funds in Abu Dhabi and the world. Evan Sidal, CEO of the company, said that investing in the UAE is one of the attractive offers due to the local currency’s peg to the dollar, as … Read more
Many major companies in the United States are tending to reconsider their investments in Europe, in order to take advantage of a new American law that seems to lead to a reduction in American investments in the European continent. The company, “Tesla”, the giant specialized in the production of electric cars, recently announced a strategic … Read more
Mohamed Shaker – Mubasher: The UAE financial market indices declined at the end of the trading session on Monday, amid fears of continuing to raise interest rates. According to the data of the UAE financial markets, the Dubai and Abu Dhabi stock exchanges attracted a liquidity of 1.960 billion dirhams, distributed over 21,335 transactions. Dubai … Read more
Dubai United Arab Emirates: Al Mal Capital PJSC, a subsidiary of Dubai Investments PJSC, announced today the sale of its 42% stake in Poinsettia Plaza in Ventura County, California, for $66.0 million. Poinsettia Plaza, which was acquired in 2016 in partnership with IRA Capital, the private investment company in Irvine, California, is a multi-purpose shopping … Read more
Muhammad Shaker – Mubasher: The UAE financial market indicators varied at the end of Monday’s trading session, with the Dubai Financial Market rising, while the Abu Dhabi Financial Market declined, before the release of US inflation data. According to the data of the UAE financial markets, the Dubai and Abu Dhabi stock exchanges attracted liquidity … Read more
Mazaya Qatar Real Estate Development Company announced / announced the invitation of the Ordinary General Assembly to convene on 01/03/2023, St. Regis Doha Hotel (Grand Hall) at 05:30 pm, and in case of lack of a quorum, the alternative meeting will be held on 08/03/ 2023, The St. Regis Doha Hotel (Grand Ballroom) at the … Read more
LIVE: Poland is pushing for a ban on Russian synthetic rubber to be part of new EU sanctions, which are set to be unveiled on the one-year anniversary of the start of Russia’s military attacks on Ukraine on February 24. And according to the Balkan News Network, which specializes in Eastern European and Eurasian affairs, … Read more
Malik Salameh – Mubasher: UAE financial market indices rose at the end of trading today, Monday, in conjunction with the stability of the dollar, the emergence of US job data, and the possibility of the Federal Reserve continuing to raise the interest rate. According to the data of the UAE financial markets, the Dubai Financial … Read more
Kuwait-Mubasher: The profits of Kuwait Finance House “KFH” increased in the fourth quarter of 2022 by 101.7% on an annual basis, with a recommendation to distribute cash and bonus shares. According to a statement to the Kuwait Stock Exchange today, Monday. KFH achieved profits in the three months ending December 31, 2022 of about 151.94 … Read more
Abu Dhabi – Mubasher: The value of the Norwegian Government Pension Fund’s investments in Emirati companies’ shares reached 6.49 billion dirhams ($1.76 billion) by the end of 2022, an increase of 53% over the value of 2021 investments, which amounted to 4.24 billion dirhams ($1.15 billion). The market value of the Norwegian fund’s new investments … Read more