Riyadh – Mubasher: The Saudi stock market, “Tadawul”, witnessed, during today’s session, the implementation of 13 special deals on the shares of Saudi Aramco and Saudi Telecom “STC”, with a total value of 201.5 million riyals, through 4.59 million shares. According to Saudi Tadawul data, a special deal was executed on STC, worth 27.8 million … Read more
Riyadh – Mubasher: Startups in the Middle East and North Africa region earned $375 million through 81 deals in February 2022, an increase of 51.6% month-on-month, and 134% year-on-year.. A report by Wamda, in cooperation with the Digital Brief, revealed that Saudi startups had the largest share of this total, as they obtained $219 million … Read more
Doha – Mubasher: The Ordinary General Assembly approved Qatar Navigation Company The Board of Directors’ recommendation to distribute cash dividends of 30% of the nominal value of the share, at a rate of 0.3 Qatari riyals per share. And according to a statement to the Qatar Stock Exchange yesterday, the process of distributing profits will … Read more
Riyadh – Mubasher: The financial results of Yanbu Cement Company revealed a 43.2% decline in net profits during 2021, compared to the previous year, in light of the decline in average selling prices. According to company data on Saudi Tadawul, today, Sunday, the net profit after zakat and tax fell to 159.56 million riyals, compared … Read more
Posted in: 02/03/2022 – 14:53 European traders said it is believed that Tunisia’s Grain Office purchased around 100,000 tons of durum wheat in an international tender that closed on Wednesday 02/03. The quantity exceeds 75 thousand tons that were required in the tender. The purchase was made in four shipments, each of 25,000 tons, and … Read more
Cairo – Mubasher: The Extraordinary General Assembly of GlaxoSmithKline approved, by 99.99% of the votes of the attending shareholders after excluding the main shareholder’s vote, the sale of movable consumer healthcare assets (not including real estate and machinery) and intangible assets. The company added, in a statement to the Egyptian Stock Exchange, today: “It is … Read more
Senior US Federal Reserve officials will be banned from trading in individual stocks, bonds, digital money and other investments under new rules approved on Friday, following controversial stock exchange deliberations that led to the resignations of prominent figures last year. Under new rules unanimously approved by the Federal Open Market Committee, which is tasked with … Read more