Cairo – Mubasher: Telecom Egypt confirmed that it had not received any official offers regarding its stake in Vodafone Egypt. This came in a statement in response to the Egyptian Stock Exchange’s inquiries regarding what was published under the title (Qatar Investment implements the acquisition of a stake in Vodafone Egypt within two months). Telecom … Read more
Mubasher: Oil prices rose at the settlement of weekly transactions, recording gains for the fifth week in a row, amid optimism among investors that prices will continue to rise thanks to the recovery in demand and supply cuts. The appetite for risk in financial markets in general increased due to growing expectations that large central … Read more
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
Our heaters should be cleaner in the future! By 2028 at the latest, newly installed heating systems must be able to be operated in a manner that is at least 65 percent climate-neutral. This is what the traffic light government’s heating law, which has been revised several times, provides for. Many Germans are now thinking … Read more
The Electricity Utility and Consumer Protection Regulatory Agency announced that the maximum load on the national electricity grid reached 32,900 megawatts yesterday, Friday, announcing that the maximum load on the grid reached 34,600 megawatts this evening, Saturday. The agency added that there is a reserve increase in the available production today of 9 thousand 900 … Read more
Rahma Ramadan wrote Sunday, July 23, 2023 12:00 AM “The Seventh Day” monitors for its readers everything they want to know about the program of the Egyptian Electricity Holding Company, headed by Eng. 1- The Egyptian Electricity Holding Company set up a program to reduce loads to reduce the burdens on citizens in light of … Read more
“The Seventh Day” advises its readers, through the “Reduce Your Consumption and Reduce Pressure on the Electricity Network” initiative, to follow some steps when the electricity is restored due to the presence of power outages resulting from a lack of fuel in light of the high temperatures, and therefore it is advised to follow some … Read more
Daewoo E&C (CEO Jeong-Wan Baek), which participated as an economic delegation between Korea and Poland, announced that it signed an MOU with the Polish Construction Association and ERBUD, the third-largest local construction company, in Warsaw, Poland on July 14 to establish cooperative relations. On this day, the MOU was signed by Han Seung, head of … Read more