840.8 million dirhams in purchases of local stocks by Emiratis

2023-10-23 21:16:22 Hossam Abdelnaby (Abu Dhabi) Local stock market indices reduced the pace of their declines in recent days, starting this week’s trading with good increases at the beginning of trading before closing with acceptable declines of 0.33% for the Abu Dhabi Securities Market index, and a decline of 0.57% for the Dubai Financial Market … Read more

41.3 million dirhams, net purchase of foreigners in local stocks

2023-09-25 21:02:10 Hossam Abdelnaby (Abu Dhabi) Foreign investors continued their purchases in the local stock markets, bringing their net transactions in yesterday’s trading session to 41.32 million dirhams as a result of purchases, including net purchases in the Dubai Financial Market of about 39.35 million dirhams and 1.97 million dirhams net purchases in the Abu … Read more

Rabco Investment Company: Profits Soar in First Half of 2023

2023-07-23 08:12:29 normal July 23, 2023 12:12 pm Abu Dhabi: «Gulf»The profits of the “Rabco Investment Company”, listed on the Abu Dhabi Stock Exchange and formerly known as “Ras Al Khaimah Poultry and Feeding Company”, increased to 8.16 million dirhams in the first half of 2023, compared to profits of 2.3 million dirhams in the … Read more

Borouge: We have no knowledge of the merger plan with Borealis

2023-07-07 10:02:06 Borouge, listed on the Abu Dhabi Stock Exchange, denied that it had or was aware that any of the major shareholders were in negotiations to merge the businesses of Borouge and Borealis, as reported in Bloomberg’s news on July 4. And the company explained in a late disclosure on the Abu Dhabi Securities … Read more