Gold prices rose globally at the end of Wednesday’s trading

2023-11-29 19:21:27 Live: Gold prices consolidated their gains, at the close today, Wednesday, with increasing investors’ expectations that the Federal Reserve will end its monetary tightening cycle in the United States. Upon settlement, gold futures prices for February delivery (the most active) rose by 0.35%, or $6.9, at $2,067.1 per ounce, which is the highest … Read more

Stability of the exchange rates of the dollar against the Egyptian pound in morning trading

2023-11-27 08:12:00 Cairo – Mubasher: The exchange rate of the dollar against the Egyptian pound stabilized at the beginning of trading today, Monday, in Egyptian banks. In the two largest local banks in terms of assets and transactions, “Al-Ahly of Egypt and Misr,” the price of the dollar stabilized, recording 30.75 pounds for purchase and … Read more

“Mazaya” finalizes capital reduction approvals to extinguish accumulated losses

2023-11-27 05:21:28 Doha – Mubasher: Mazaya Real Estate Development Company announced that it has completed obtaining all official approvals. To implement the process of reducing the company’s capital, in accordance with the decision of the Extraordinary General Assembly issued on May 17, 2023; To extinguish accumulated losses. The reduction will take place, according to a … Read more

European stocks rose at the end of Thursday’s trading

2023-11-23 17:39:33 Live: European stocks rose at the end of Thursday’s session, with the evaluation of economic data from the euro zone, which showed a slight improvement in economic activity, achieving the best performance in two months. At the end of trading, the European Stoxx 600 index rose 0.25% to 458.4 points, the highest level … Read more

Moody’s: 15% increase in average real estate prices in Dubai and Abu Dhabi

2023-11-21 08:00:45 Abu Dhabi – Mubasher: Real estate prices increased by about 15 percent in the Emirates of Dubai and Abu Dhabi from the second quarter of 2021 until this week, with 80,000 units currently under construction. Julien Haddad, Vice President and Chief Analyst at Moody’s Credit Rating Agency, noted that this strong performance reflects … Read more

US stocks open higher and are on track to record weekly gains

2023-11-17 15:21:20 Noha Makram – Live – The majority of US stocks opened higher today, Friday, adding to their strong gains during the week, against the backdrop of retail sales updates and a decline in oil, which Wall Street sees as signs of a slowdown in the economy. The S&P 500 index rose by approximately … Read more

The Dubai Stock Exchange gains 8.4 billion dirhams within a week

2023-11-17 12:10:40 Ahmed Al-Demerdash – Mubasher: UAE financial market indices rose at the end of the week’s trading, amid increasing investor bets that the Federal Reserve has reached the end of its monetary tightening cycle, putting pressure on the dollar and Treasury bond yields. According to UAE financial market data, the Dubai Financial Market recorded … Read more

US stocks rise on positive inflation data

2023-11-15 15:52:41 Noha Makram – Live – US stocks rose on Wednesday, as traders attempted to continue the previous session’s strong gains on the back of more positive inflation data. The Dow Jones Industrial Average rose by 145 points, or 0.4%, the S&P 500 rose by 0.5%, and the Nasdaq rose by the same amount. … Read more