Muhammad Shaker – Mubasher: UAE financial market indices rose at the close of trading on Tuesday, amid weak pricing of the possibilities of the Federal Reserve raising interest rates next month.. According to data from the UAE financial markets, the gains of the Dubai Financial Market amounted to 2.273 billion dirhams, and the Abu Dhabi … Read more
Today the Debt Agency has announced that the new government bond will yield a gross interest of 2.60 percent over 5 years. The 8-year term will yield an interest rate of 2.90 percent. Subtract the withholding tax of 30 percent and you arrive at net interest of 1.82 and 2.03 percent respectively. That is therefore … Read more
Raiffeisenbank in the Czech Republic is canceling the accounts of entrepreneurs with cryptocurrencies, but its Austrian relative perceives digital currencies in a completely different light. In January, clients of the Viennese branch of one of the regional banks, Raiffeisenlandesbank, which jointly owns the Czech mother Raiffeisenbank, will see offers for trading bitcoin and crypto directly … Read more
Live: European stock indices declined at the end of the first session of the week, today, Monday, with the evaluation of economic data indicating that the growth in profits of industrial companies in China slowed significantly during the month of October, which raised concerns about the recovery of the second largest economy in the world. … Read more
Live: Oil futures prices closed today’s trading with a decline after the OPEC Plus meeting was postponed. Futures prices for standard Brent crude for January delivery fell by 1.7%, equivalent to $1.38, at $80.58 per barrel, ending the week almost unchanged, after a series of losses that extended over four weeks.. While the price of … Read more
The South African Department of Correctional Services has approved the request of 37-year-old Paralympic athlete Oscar Pistorius for parole from prison, the Associated Press reports. Pistorius, convicted of the murder of Reeva Steenkamp, will be released on January 5, 2024. Over the next five years, he will be prohibited from leaving the territory of Pretoria, … Read more
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Berlin (dpa) – In view of the current problems in the federal budget, Berlin’s governing mayor Kai Wegner is calling for a reform of the debt brake. “The #debt brake is a good idea in terms of sound finances. However, I think its current design is dangerous,” explained the CDU politician on Thursday on the … Read more
Live: European stock indices rose at the close of trading on Wednesday, with consumer confidence in the euro zone increasing unexpectedly this month. At the end of the session, the European Stoxx 600 index rose 0.3% to 457.2 points, the highest level since September 20, and gains were limited by a decline in the energy, … Read more
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