direct: The general index of the Amman Stock Exchange witnessed a decline at the end of trading on Tuesday, by 0.7 percent, to reach the level of 2441.06 points, losing 17.24 points from its levels in yesterday’s session, Monday. Today, the index was affected by a decline in leading stocks. Jopetrol fell 2 percent, phosphate … Read more
Muhammad Shaker – Mubasher: The shares of Shuaa Capital, listed on the Dubai Financial Market, declined at the close of trading on Tuesday, recording the lowest closing since listing. At the end of today’s trading, the stock declined by 6.97 percent to a price of 0.271 dirhams. According to market data, the stock witnessed transactions … Read more
Noha Makram – Live – The dollar stabilized against its major counterparts on Tuesday, after halting its rise after Federal Reserve officials turned a somewhat dovish tone. Movements during the Asian session were weak, with traders awaiting more statements from Federal Reserve officials later in the day, as well as the minutes of the Fed’s … Read more
Noha Makram – Live – The number of Americans filing for initial unemployment benefits rose slightly last week, while layoffs declined in September, indicating continued tightness in the labor market. Initial unemployment benefits rose by two thousand claims to a seasonally adjusted 207,000 during the week ending September 30, according to what the Labor Department … Read more
Al Marsad newspaper: The UAE Minister of Energy, Suhail Al Mazrouei, said that there must be continued investment in the oil and gas sector, in addition to energy transition commitments, noting that he is “concerned about only one thing, which is the lack of investments.” In response to a question about the upcoming OPEC+ meeting, … Read more
Abu Dhabi – Mubasher: The main purchasing managers index of S&P Global in the UAE rose from 55.0 points in August to 56.7 points in September. According to index data, the 1.7-point increase in the main index was largely driven by the new orders sub-index, which rose by more than seven points, recording its highest … Read more
Live: The American bank, Morgan Stanley, announced that it has revised its future outlook on Egypt’s debts to a negative outlook after shifting to a “non-favorable” position from “neutral”, due to the increase in the amount of risks it faces with regard to credit in the near term. In its report issued and published by … Read more
The American automobile manufacturer Ford, affected like its competitors General Motors and Stellantis since mid-September by a strike, announced Monday October 2 the temporary dismissal of hundreds of additional employees as a result of this social movement. “Our production system is highly interconnected, which means the UAW’s targeted strike strategy (syndicat United Auto Workers, NDLR) … Read more
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