Abu Dhabi – Mubasher: the value of transfers made in the banking sector in the country has increased through the Emirates Remittances System.UAEFTS/ for over 10.3 trillion dirhams in the first ten months of last year. Statistics on banking transactions, issued by the Central Bank, showed that the value of transfers made through the Emirates … Read more
US stocks closed with big gains on Wednesday, supported by a jump in the Nasdaq index, amid investor optimism ahead of the US inflation report, which could pave the way for the Federal Reserve (the central bank of the US States) to slow the pace of raising interest rates. Economists polled by Reuters had expected … Read more
In Bihar, locals are shocked after a pipe carrying Indian Oil Corporation petrol bursts. People came from distant places with containers in hand to collect the gasoline that fell into the field. The locals have been evacuated from here by the police. The leak occurred in the pipeline carrying fuel to Assam. Gasoline flowed in … Read more
direct: The Casablanca Stock Exchange closed trading today, Monday, with a rise in its two main indexes. The MASI index rose 0.91% to 9,806.32 points, gaining 88.33 points. The Morocco 20 “MSI20” index rose 0.9 percent, to 782.33 points, a gain of 6.95 points, compared to its trading in the previous session. The Casablanca Stock … Read more
Mubasher: The Central Bank of Iraq has announced the opening of a new outlet to sell cash dollars to travelers at Baghdad International Airport through the Iraqi Trade Bank.head trauma). The Central Bank said in a statement that sales to travelers will begin tomorrow, Tuesday 10 January 2023, with a maximum of 5,000 US dollars. … Read more
Cairo – Mubasher: Dollar exchange rates against the Egyptian pound rose by 10 piasters at the start of today’s trading and at the start of weekly trading, in Egyptian banks. The dollar’s exchange rate has seen significant movement against the Egyptian pound, as it jumped between £2.35 for buying and about £2.40 for selling in … Read more
Former Federal Reserve Chairman Alan Greenspan has warned that the US economy will experience a recession due to the Fed’s tightening policies. Greenspan added: “Although the last two inflation reports have shown a slowing rate of price increase, that doesn’t change the fact that prices are still rising… Official inflation data may remain weak in … Read more
Jakarta, CNBC Indonesia – The largest exporter of crude oil, Saudi Arabia, has lowered the price of this type of crude oil light crude for February 2023 delivery to Asia. The price of oil for delivery in February 2023 is USD 1.45 per barrel lower than the sale price for delivery in January 2023. “This … Read more
Oil prices rebounded on Thursday, January 5, after falling more than 9% at the start of the new year, making their worst start to the year in 30 years, as investors took advantage of the decline to buy futures contracts on expectations that require fuel will remain stable over the long term. The recovery came … Read more
US oil giants ExxonMobil and Chevron are expected to post record profits of nearly $100 billion by 2022, the business daily reported. Financial Times. According to data from information provider S&P Capital IQ on which Financial Times report, Chevron earned at least $37 billion last year, Exxon at least $56 billion. Both companies have yet … Read more