Riyadh – Mubasher: The Saudi stock market, “Tadawul,” ended Monday’s session with a noticeable rise, continuing its gains for the second session in a row, in light of a collective rise in the major sectors, amid a jump in liquidity. The general market index, TASI, closed up 1.05%, adding 122.44 points to its balance, raising … Read more
Doha – Mubasher: The Qatar Stock Exchange rose at the close of trading on Sunday, supported by the growth of 5 sectors. The general index rose by 1.11% to reach 10,399.77 points, gaining 114.47 points from last Thursday’s level. Trading grew today, as liquidity rose to 434.96 million riyals, compared to 434.12 million riyals the … Read more
Muhammad Shaker – Mubasher: The performance of UAE financial market indices varied at the close of trading on Thursday, with the Dubai Financial Market declining, while the Abu Dhabi Securities Market rose, amid expectations of a reduction in US interest rates in 2024. According to data from the UAE financial markets, the Dubai Financial Market … Read more
Noha Makram – Live – The Bank of Japan maintained its ultra-loose monetary policy on Tuesday, in a widely expected move, with the bank preferring to wait for more evidence that wages and prices will rise enough to justify a shift away from its massive stimulus policy. The central bank fixed short-term interest rates at … Read more
Similar to Rabbit Hole, ethnic fashion brand Dakara Indonesia has also benefited from the Buy Local 12.12 campaign. “By participating in the 12.12 program, it really helps us sellers in making sales.” said Ayu, owner of Dakara. “However, the challenge is that currently many new sellers have emerged who are participating in enlivening online sales. … Read more
Noha Makram – Live – European stocks jumped on Friday, extending the gains of a week that was filled with a range of monetary policy decisions by major central banks. The Stoxx Europe 600 index rose by 0.5% at midday trading, with mining stocks rising by 2.4% to lead the gains, with the majority of … Read more
Live: European stock indices declined at the end of Tuesday’s trading session, despite the rise in financial market confidence in the Eurozone economies, with attention turning to the Federal Reserve’s monetary policy meeting. At the end of trading, the European Stoxx 600 index fell by 0.2% to 472.7 points, with losses in the energy, mining, … Read more
Noha Makram-Live- US jobs rose faster than expected in November and unemployment fell despite signs of a weakening economy. US non-farm payrolls rose to a seasonally adjusted 199,000 during the month, which is slightly higher than the Dow Jones estimate of 190,000, and higher than the unadjusted October data of 150,000, according to the Labor … Read more
Abu Dhabi – Mubasher: Fitch, in its report entitled “Middle East Banks Outlook 2024,” gave UAE banks a stable future outlook. The agency expected that favorable business and operating conditions for UAE banks would continue in 2024, and real GDP growth would accelerate moderately to 3.9 percent in 2024 (2023: 2.3%); According to the report. … Read more
Live: US stocks rose, at the end of Tuesday’s session, with bond yields declining after Federal Reserve Governor Christopher Waller’s statements that the economic slowdown may return inflation to its target, indicating that there is currently no justification for further raising interest rates. At the end of trading, the Dow Jones Industrial Average rose 0.25%, … Read more