Mahmoud Jamal – Mubasher: Most Gulf stock exchanges rose by the end of the first week of October, following the impact of rising global equity markets and oil price gains after the “OPEC Plus alliance” “agreed to cut supplies by reducing production targets by two million barrels per day. Oil prices, the main catalyst for … Read more
Abu Dhabi – Mubasher: the agency “S&P Global” said in a recent report The economic support plan aimed at the Central Bank of the Emirates helped the system during the period of the pandemic, limiting the increase in non-performing loans. According to the report, the economic environment began to improve thanks to rising oil prices … Read more
Cairo – Mubasher: The red color dominated the Egyptian stock market indices at the end of trading today, Sunday, affected by the sales of Arabs and foreigners.. Egypt’s EGX30 main stock market index fell 3.13 percent during today’s session, closing at 9,763 points, and the similarly weighted EGX70 medium and small business index fell 6.76 … Read more
Live – Iman Ghaly: the state of Kuwait’s holding of US Treasury bonds in July 2022 reached the highest level since the previous February (5 months ago); This is according to a US Treasury statement last Friday. Kuwait’s holdings in US Treasuries last July amounted to $ 49.4 billion, up 6.24% from the same month’s … Read more
Mubasher: The general performance of the Gulf exchanges various at the finish of modern session, pursuing the conclusion of the OPEC Additionally group to slash output to improve oil costs soon after their modern decrease. The Business of Petroleum Exporting Countries (OPEC) and its Russian-led allies, the so-called “OPEC Additionally” alliance, have agreed. on a … Read more
Cairo – Mubasher: Telecom Egypt has denied having been given formal presents to acquire section of its stake in Vodafone Egypt. This is what emerges in a push launch from the corporation, in response to what has been printed pertaining to the intention of the Qatari sovereign fund to negotiate the acquire of element of … Read more
Abu Dhabi – Mubasher: A Reuters study of genuine estate analysts predicts home price ranges in Dubai will increase this calendar year and up coming at a slower pace than beforehand imagined. The survey indicated, now, Monday, that soaring mortgage charges and the charge of living crisis will minimize international demand from customers in the … Read more
Owner Salama – Mubasher: The shares of 6 corporations shown on the UAE inventory markets at the near of buying and selling these days, Tuesday, achieved 49% of the liquidity recorded by the Dubai and Abu Dhabi stock exchanges. In accordance to UAE monetary markets information, the investing values of the six shares achieved a … Read more
Malik Salama – Mubasher: Mixed losses of 4 cement organizations mentioned on UAE funds marketplaces increased 82% all through the initially 6 months of 2022. In accordance to UAE economic industry details for the time period ending June 30, 2022, losses amounted to Dh 95.7 million, in contrast with losses of Dh 52.5 million in … Read more
Abu Dhabi – Mubasher: The property of Emirati organizations shown on the money markets greater by about 10%, or the equal of 425.7 billion dirhams, for the duration of the to start with 6 months of this calendar year. The assets of these firms enhanced to 4.734 trillion dirhams at the conclusion of previous June, … Read more