Cairo – Mubasher: The Egyptian Stock Exchange said that the right to cash distributions for the Arab Cotton Ginning Company will end at the close of the session on Sunday, January 21. The Stock Exchange stated, in a statement today, Thursday, that it was decided to distribute the Arab Cotton Ginning Coupon No. (23) at … Read more
Written by Rahma Ramadan Wednesday, January 3, 2024 10:29 AM Start The Ministry of Electricity Renewable energy is represented by the Egyptian Electricity Holding Company and its subsidiaries nationwide in implementing the Council of Ministers’ decision to reduce loads for two hours a day, starting from 11 a.m. until 5 p.m., during the mid-year exam … Read more
Energy prices will be a big scare for companies and households in 2024. At the same time, the prices of power energy, which are determined by suppliers, have fallen significantly compared to their extreme increase from the second half of 2022. However, after the New Year, the second, so-called regulated component of the price will … Read more
Direct: Dragon Oil Company, wholly owned by the Dubai government, announced the start of crude oil production from the Al Wasl field north of Safa in Egypt, which is the company’s first oil discovery there. The operation of the Al Wasl offshore platform came after the successful implementation of the first phase of early production … Read more
Abu Dhabi – Mubasher: Eshraq Investment Company announced that it will continue purchasing a share of its shares. In a disclosure to the Abu Dhabi Securities Market, today, Tuesday, the company explained that it had purchased 105,000 shares of its stock. She confirmed in the disclosure that this is within the framework of the share … Read more
A week ago, the Cuban government presented a plan of economic measures for 2024 that includes price increases of some public services, such as electricity. This Wednesday, the Minister of Economy, Alejandro Gil Fernández, addressed the issue in the first of the Round Tables that will report on the new provisions. According to the minister, … Read more
Live: US stock indices rose at the end of Wednesday’s session, with markets evaluating the Treasury Department’s sale of $58 billion in debt due to be repaid after 5 years, which led to a decline in 10-year bond yields to their lowest level in 5 months. At the end of trading, the Dow Jones Industrial … Read more
Noha Makram – Live – US stocks stabilized on Wednesday, with traders focusing on the S&P 500 index, which is heading to record high levels. The S&P 500 fell slightly, while the Dow Jones Industrial Average fell by 10 points, while the Nasdaq rose by 0.2%. CNBC reported that the broader market index is trading … Read more
Dubai – Mubasher: Calm prevailed in the UAE stock exchanges at the end of Tuesday’s session after large deals were executed and listed shares reached the maximum. The Dubai Financial Market Index rose by 0.26% to 4,028.88 points, with Takaful Emarat shares topping the list with the highest increase by 4.75%, Union Properties by 3.18%, … Read more
Riyadh – Mubasher: The Saudi stock market, “Tadawul,” ended Monday’s session with a noticeable rise, continuing its gains for the second session in a row, in light of a collective rise in the major sectors, amid a jump in liquidity. The general market index, TASI, closed up 1.05%, adding 122.44 points to its balance, raising … Read more