Banks and financial institutions spend more time canceling mortgage loans than signing new ones in recent times. The rise in interest rates paralyzes some applications while waiting for better times and accelerates cancellation after doing the math at home. This is clear from the monthly statistics on mortgages prepared by the National Statistics Institute. According … Read more
Muhammad Shaker – Mubasher: The shares of 6 companies listed in the UAE financial markets, at the end of Tuesday’s trading session, acquired 42 percent of the liquidity achieved by the Dubai and Abu Dhabi stock exchanges. According to data from the UAE financial markets, the trading values of the six stocks recorded liquidity amounting … Read more
Live: Two officials at the US Federal Reserve explained that at least one more interest rate increase is possible, and that there is a need for high borrowing costs to continue for a longer period so that the bank can reduce inflation to return to its 2% target. Boston Federal Reserve Bank President Susan Collins … Read more
Noha Makram-Live- The Bank of Japan kept interest rates very accommodative on Friday and pledged to continue supporting the economy until inflation sustainably reaches its 2% target, indicating that it is in no rush to end its massive stimulus programme. Markets are focusing on the statements of Kazuo Ueda, Governor of the Bank of Japan, … Read more
Dubai – Mubasher: The value of trading of 27 brokerage companies operating in the Abu Dhabi and Dubai Financial Markets has recorded about 600 billion dirhams since the beginning of 2023. Brokerage companies’ trades were distributed at 467.9 billion dirhams, the value of trades in the Abu Dhabi market, and 136.5 billion dirhams in the … Read more
Live: Oil prices increased to their highest level during the year this week, continuing their rise, which strongly highlighted the possibility of returning to the level of $100 per barrel before the end of this year, according to the expectations of some analysts. Oil contracts have risen sharply this month so far, achieving the third … Read more
The acting Minister of Agriculture, Fisheries and Food, Luis Planas, has met with the president of the State Joint Stock Company for Agrarian Caution (Saeca), Pablo Pombo, to analyze and follow up on the loan lines subsidized by the ministry for provide liquidity to the agricultural sector, currently affected by the consequences of climate change … Read more
Let us recall that in December 2022, a Memorandum of Mutual Cooperation was signed between the Ministry of Defense of the Republic of Kazakhstan and the Agency, providing for the provision of deferred payments on bank loans and microloans to borrowers called up for military service. Fingramota.kz will talk about the algorithm of actions for … Read more
Noha Makram – Live – Oil prices rebounded on Thursday, as expectations of further cuts in crude oil production for the rest of 2023 outweighed fears of weak global growth and rising US inventories. The International Energy Agency said yesterday, Wednesday, that the Kingdom of Saudi Arabia and Russia’s continued reduction in their production will … Read more
Abu Dhabi – Mubasher: Abu Dhabi Future Energy “Masdar” – the largest clean energy producer in the United Arab Emirates – plans to double its capacity this year, helping to boost the country’s green potential ahead of a major climate conference. Mohammed Jameel Al Ramahi, CEO of the company – which manages projects from the … Read more