Abu Dhabi – Live: RAKBANK announced its highest semi-annual profit ever, amounting to 901 million dirhams, an increase of 71% compared to the first half of 2022, while total revenue increased year-on-year by 42% to 2.2 billion dirhams. Customer deposits rose to 49 billion dirhams, an increase of 19% year-on-year, with the share of current … Read more
Malik Salameh – Mubasher: UAE financial market indices rose at the end of trading today, Monday, amid investors’ expectations that the US Federal Reserve will stop raising interest rates during its meeting this week. According to the data of the UAE financial markets, the Abu Dhabi Stock Exchange achieved profits amounting to 25 billion dirhams, … Read more
Riyadh – Mubasher: The preliminary financial results of the Saudi Tadawul Group Holding Company “Tadawul Group” revealed that it recorded a decline in its net profits during the second quarter of 2023 by 23.6%, on an annual basis, while its net profits increased on a quarterly basis by 16%. The company stated, according to a … Read more
For the middle class, money allows them to buy groceries, pay the rent or the mortgage and afford a few moments of pleasure. (Photo: 123RF) OPINION. Inflation and the historic rise in interest rates over the past 18 months are bringing to the fore an age-old friction between the “rich” and the “poor” in our … Read more
By Le Figaro with AFP Posted 11 minutes ago, Just Updated Employment levels rose slightly and, on the inflation side, price inflation continued to slow. Posztós János / stock.adobe.com Manufacturing activity in the highly industrialized region of New York continued to grow in July, albeit slowing compared to the previous month, which had seen a … Read more
Is it time to become a homeowner, make a rental investment, buy a second home or finance work to improve your home? You are an individual, a family, an employee, a liberal profession, a craftsman, a merchant, an SME or SMI entrepreneur, and you are not currently experiencing financial difficulties, but you are afraid to … Read more
By Le Figaro with AFP Posted 2 hours ago, Updated 1 hour ago About ten associations and collectives are at the origin of this appeal, among which are the regional branches of France Nature Environnement and Friends of the Earth, the Confédération paysanne or La Voie est Libre. LIONEL BONAVENTURE / AFP Several environmental associations … Read more
Mostafa Reda – Mubasher: Oil futures expanded their gains during trading today, Thursday, following expectations that global demand for crude would record a record level during the current year. And by 3:39 pm GMT, the price of futures contracts for “Nymex” crude for August delivery increased by 1.1 percent, to record a level of $ … Read more
Malik Salameh – directThe net purchase of foreign shares in the UAE financial markets during the first week of July 2023 amounted to 287 million dirhams, equivalent to 78 million dollars. After examining the market data, it becomes clear to us that foreign investors carried out purchases on Dubai and Abu Dhabi shares with a … Read more
The job market remained solid in June in the United States, with job creations remaining strong, even if they were below expectations, and an unemployment rate down slightly and remaining at low levels. historically low. During the past month, 209,000 jobs were created, the Labor Department announced Friday, while 220,000 were expected by analysts, according … Read more