Malik Salameh – Mubasher: UAE financial market indices rose at the end of trading today, Monday, in conjunction with the stability of the dollar, the emergence of US job data, and the possibility of the Federal Reserve continuing to raise the interest rate. According to the data of the UAE financial markets, the Dubai Financial … Read more
Kuwait-Mubasher: The profits of Kuwait Finance House “KFH” increased in the fourth quarter of 2022 by 101.7% on an annual basis, with a recommendation to distribute cash and bonus shares. According to a statement to the Kuwait Stock Exchange today, Monday. KFH achieved profits in the three months ending December 31, 2022 of about 151.94 … Read more
Abu Dhabi – Mubasher: The value of the Norwegian Government Pension Fund’s investments in Emirati companies’ shares reached 6.49 billion dirhams ($1.76 billion) by the end of 2022, an increase of 53% over the value of 2021 investments, which amounted to 4.24 billion dirhams ($1.15 billion). The market value of the Norwegian fund’s new investments … Read more
direct: The general index of the Muscat market rose by the end of trading today, Sunday, the first session of the week, by 0.24 percent, to close at 4762.85 points, gaining 11.36 points from its levels in last Thursday’s session. The index’s rise was supported by the rise of the leading stocks, and the rise … Read more
Abu Dhabi – Mubasher: The assets of Islamic banks operating in the UAE rose to 607.8 billion dirhams at the end of last October, according to the latest statistics of the Central Bank. Central Bank statistics showed that the assets of Islamic banks increased during the first ten months of last year by about 17.5 … Read more