Noha Makram – Live – The dollar stabilized against its major counterparts on Tuesday, after halting its rise after Federal Reserve officials turned a somewhat dovish tone. Movements during the Asian session were weak, with traders awaiting more statements from Federal Reserve officials later in the day, as well as the minutes of the Fed’s … Read more
The Minister of the Interior, Luis Alberto Heber, said that from his portfolio they are fighting new forms of “crime and organized crime”, in reference to the gang of Colombians who offered loans illegally in Tacuarembó. Days ago, the Justice of this department charged 18 Colombians and one Venezuelan for participating in an organized network … Read more
Noha Makram – Live – The number of Americans filing for initial unemployment benefits rose slightly last week, while layoffs declined in September, indicating continued tightness in the labor market. Initial unemployment benefits rose by two thousand claims to a seasonally adjusted 207,000 during the week ending September 30, according to what the Labor Department … Read more
Abu Dhabi – Mubasher: The main purchasing managers index of S&P Global in the UAE rose from 55.0 points in August to 56.7 points in September. According to index data, the 1.7-point increase in the main index was largely driven by the new orders sub-index, which rose by more than seven points, recording its highest … Read more
Live: The American bank, Morgan Stanley, announced that it has revised its future outlook on Egypt’s debts to a negative outlook after shifting to a “non-favorable” position from “neutral”, due to the increase in the amount of risks it faces with regard to credit in the near term. In its report issued and published by … Read more
Morgan Stanley is turning to a pessimistic stance towards Egypt, with the cash-strapped country facing what the American bank described as “increasing risks” in the coming months. The bank lowered Egypt’s sovereign credit rating from “neutral” to “unfavorable,” and its decision was part of a report in which it revised its preference for emerging market … Read more
It is almost a given that the Minister of the Treasury, who in this case is Juan Alfonso Ruiz Molina, has many headaches. And even more so at this time when he has to balance the budgets for next year. But if there is something that he does not have to worry about right now, … Read more
Cairo – Mubasher: The Ordinary General Assembly of Abu Qir Fertilizers and Chemical Industries Company approved the Board of Directors’ report and financial statements for the last fiscal year ending in June 2023. The company said in a statement to the Egyptian Stock Exchange on Sunday that the general assembly agreed to distribute a cash … Read more
Muhammad Shaker – Mubasher: Net foreign investments (buying/selling) in stocks in the UAE financial markets at the end of the first nine months of this year amounted to 12.302 billion dirhams, equivalent to 3.358 billion dollars. According to data from the UAE financial markets, foreign investors carried out purchasing operations in Dubai and Abu Dhabi … Read more
After a year of constant falls in housing indicators, the National Government announced a package of measures to reactivate the sector through the National Savings Fund (FNA) and Findeter. (Join our WhatsApp channel here and receive all the economic information from Colombia and the world). In an interview with Portafolio, Juan Carlos Muñiz Pacheco, president … Read more