Abu Dhabi – Mubasher: Real estate prices increased by about 15 percent in the Emirates of Dubai and Abu Dhabi from the second quarter of 2021 until this week, with 80,000 units currently under construction. Julien Haddad, Vice President and Chief Analyst at Moody’s Credit Rating Agency, noted that this strong performance reflects the success … Read more
Noha Makram – Live – The majority of US stocks opened higher today, Friday, adding to their strong gains during the week, against the backdrop of retail sales updates and a decline in oil, which Wall Street sees as signs of a slowdown in the economy. The S&P 500 index rose by approximately 0.1%, while … Read more
Ahmed Al-Demerdash – Mubasher: UAE financial market indices rose at the end of the week’s trading, amid increasing investor bets that the Federal Reserve has reached the end of its monetary tightening cycle, putting pressure on the dollar and Treasury bond yields. According to UAE financial market data, the Dubai Financial Market recorded gains during … Read more
Direct: Gold prices rose at the end of Tuesday’s trading, driven by the sharp decline in the value of the dollar and Treasury bond yields, amid investor optimism about the near end of the monetary tightening cycle. At the end of trading, futures prices for the yellow metal for December delivery rose by 0.85%, or … Read more
Abu Dhabi – Mubasher: The Abu Dhabi Securities Market announced today, Friday, that there was a technical glitch in the indices managed by FTSE Russell for global indices. The financial market in the UAE capital indicated in a notice issued this morning, Friday, that the data presented does not reflect the reality of current trading. … Read more
Al-Marsad newspaper: Egyptian artist Bassem Samra sparked a state of controversy after he appeared in a video donating a sum of money to the Red Crescent, to support Palestine, from inside the filming location of the movie Legal Shoulder. Bassem Samra appeared in a video published by the artist Hala Sedqi, through her personal account … Read more
direct: The Central Bank of Oman issued government treasury bills for two different terms with a total value of 25.7 million riyals ($66.56 million), out of the total value of the issues offered amounting to 35.7 million riyals. The Central Bank explained in a statement on its official website that the first issuance is worth … Read more
Riyadh – Mubasher: United Wire Factories Company “Aslak” recorded a 26.67% decline in net profits in the third quarter of 2023, compared to the same quarter of 2022, and the Board of Directors decided to distribute cash dividends of one riyal per share. The company’s results revealed on the Tadawul website today, Sunday, that net … Read more
Riyadh – Mubasher: Al-Mowasat Medical Services Company (Al-Mowasat) recorded a growth in net profits by 27.96% during the third quarter of 2023 on an annual basis. According to the company’s financial data, issued on the Tadawul website today, Wednesday, net profit amounted to 156.38 million riyals after zakat and tax, compared to 122.21 million riyals … Read more
direct: The general index of the Amman Stock Exchange ended trading on Sunday, declining by 0.01 percent to reach the level of 2414.05 points, losing 0.14 points from its levels at the end of last Thursday’s session. The performance of the Amman Index today was affected by the decline of the financial sector index alone … Read more