Lee Bok-hyeon, head of the Financial Supervisory Service, “empathizes with concerns over the expansion of household loans… Management through micro-policy”

2023-07-17 05:44:00 Lee Bok-hyeon, head of the Financial Supervisory Service, gives a greeting at the launching event of ‘Shinhan Card Small Business Together, Growth Solution’ held at Shinhan Card headquarters in Jung-gu, Seoul on the 17th. /news1 Lee Bok-hyeon, head of the Financial Supervisory Service, said, “I agree 100%” with Bank of Korea Governor Lee … Read more

Agency: UAE Holding is in the process of buying two companies’ stake in ADNOC Pipes

2023-07-13 09:02:31 ABU DHABI – Mubasher: Informed sources said that BlackRock and KKR are close to concluding a deal to sell their multibillion-dollar stake in ADNOC’s oil pipeline network, and ADQ is the buyer. The sources indicated that the two companies are set to give up their combined stake of 40 percent to the holding … Read more

Governor of Central Bank of Lebanon Investigation: Riad Salameh and Allegations of Embezzlement, Money Laundering, and Illegal Enrichment

2023-07-12 19:51:58 Direct: The Governor of the Central Bank of Lebanon, Riad Salameh, underwent an investigation session in cases of embezzlement, money laundering and illegal enrichment before the first investigating judge in Beirut, Charbel Abu Samra, in the presence of his legal representative and the head of the Cases Authority in the Ministry of Justice, … Read more

Sovcombank earned 22.5 billion rubles of net profit in the first quarter

2023-07-12 08:31:41 Net profit Sovcombank for the first quarter of 2023 according to international financial reporting standards (IFRS) amounted to 22.5 billion rubles, data for the same period last year is not provided in it. For the first time since February 2022, the Bank disclosed IFRS indicators. According to RAS, the net profit of Sovcombank … Read more

Foreign investors are buying UAE shares for $13.2 million at the end of Tuesday’s session

2023-07-11 12:52:04 Malik Salameh – directThe net purchase of foreign shares in the UAE financial markets during trading today, Tuesday, reached a value of 48.43 million dirhams, equivalent to 13.2 million dollars. Foreign investors carried out purchases on Dubai and Abu Dhabi shares, at a value that exceeded 386.401 million dirhams, or about $105.28 million, … Read more

It started with 50 piasters.. A timeline of the jumps of an Arab energy share during the first 48 hours of the offering

2023-07-10 19:31:54 Mostafa Reda – Mubasher: The performance of the Arab Energy stock witnessed leaps and big deals during the first two days of the first offering of the stock on the Egyptian Stock Exchange. The “Mubasher” website monitors a chronological sequence of the process of offering Taqa Arabia’s shares on the Egyptian Stock Exchange, … Read more

Keep an eye on the National Bank’s Virtual Bank, increase competition or support big capital?

2023-07-10 08:03:18 Branchless commercial bank (Virtual Bank) is another important project of the Bank of Thailand. which prepares to open for application for the establishment of 3 new banks by the end of 2023 and actually open for service in 2025 Virtual Bank’s goal, according to the guidelines of the Bank of Thailand, is to … Read more

Foreign investors buy 715 million dollars worth of Emirati shares within a week

2023-07-09 07:17:47 Malik Salameh – Mubasher: The net purchase of foreigners from shares in the UAE financial markets during the first week of July 2023 amounted to 287 million dirhams, equivalent to 78 million dollars. After examining the market data, it became clear to us that foreign investors carried out purchases on Dubai and Abu … Read more