announced a company Istithmar Holding communicated the results of the Extraordinary General Meeting held on 27/11/2022, in which the following were approved: First: The Extraordinary General Meeting ratified and approved, without any objections or reservations, the issue and the offer of up to (50%) of the capital of the company, where the issue will take … Read more
Malik Salameh – directedAt the close of trading last week, the net purchase of foreign shares from UAE financial markets stocks amounted to AED 367 million, or $100 million. According to data from the UAE financial markets, foreign investors made purchases of shares in Dubai and Abu Dhabi for a value that exceeded 3.112 billion … Read more
Cairo – Mubasher: The Extraordinary General Meeting of Sidi Kerir Petrochemical Company approved the increase in issued and paid-up capital from EGP 1.26 billion to EGP 1.51 billion, an increase of EGP 252 million. The company said in a statement to the Egyptian Stock Exchange on Wednesday that the hike is spread across 630 million … Read more
Abu Dhabi – Mubasher: The Masdar Green Real Estate Investment Fund, the first of its kind in the UAE dedicated to investing in sustainable real estate assets, has announced the completion of the acquisition of AED934 million worth of properties. The fund said in a statement released on Monday that under the latest deal, the … Read more
Cairo – Mubasher: Rowad Tourism Company – Rowad announced that it has commissioned Keys Financial Consulting Company to study the fair value of assets owned by Target Real Estate Investment Company, which it is about to acquire. And the company confirmed in a statement released today, Sunday, that previous ratings will not be taken into … Read more
Cairo – Mubasher: Dollar exchange rates against the Egyptian pound stabilized at the start of its trading today, Sunday, and at the start of weekly trading in Egyptian banks. In the two largest banks by assets and transactions, Banca Nazionale and Banque Misr, the exchange recorded £24.34 in purchases and 24.39 in sales. In the … Read more
TTCL Community Firm Minimal (TTCL) has revealed that it has been awarded a agreement for engineering style and procurement products and services in Bangladesh for the Town Group Chlor Alkali Plant Venture, a CITI Group petrochemical undertaking in the city of Dhaka. Undertaking worth of somewhere around 145 million baht (or equivalent to about 4 … Read more
Jakarta – The government is developing an integrated green industrial area in North Kalimantan. According to Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan, the largest petrochemical factory in the world will be built in the industrial area. Luhut said the North Kalimantan Industrial Estate has an area of up to 30 thousand … Read more