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
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