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

Mediterrania Capital Partners Proposes Acquisition of Moroccan Payment Institution Cash Plus with Group of Investors

2023-11-17 18:31:00 (Ecofin Agency) – Having entered the capital of the payment institution Cash Plus in 2014, then exiting in 2021, Mediterrania is proposing to return there with a group of investors. Mediterrania Capital Partners, which invests in SMEs and medium-sized companies in Africa, is proposing to acquire, jointly with a group of investors, a … 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

Standard & Poor’s confirms Al Ahlia Insurance’s rating

2023-11-13 05:39:35 Kuwait – Mubasher: Standard & Poor’s Credit Ratings Agency confirmed the rating of Al-Ahlia Insurance Company at “A-” with a stable future outlook, which indicates the company’s financial strength and its ability to meet its financial obligations. According to a statement on the Kuwait Stock Exchange today, Monday, the future outlook reflects the … Read more

Financial and industrial stocks rise in the Muscat index

2023-11-06 10:57:16 direct: The main index of the Muscat Stock Exchange, “Muscat 30,” rose by 0.82 percent at the end of trading on Tuesday, closing at 4,560.94 points, gaining 36.97 points from its levels in yesterday’s session, Monday. Today, the financial and industrial sector indices rose. The former rose 0.69 percent, driven by a rise … Read more

Maximizing Your Pension as a Self-Employed Individual: Benefits, Strategies, and Tax Advantages

2023-11-04 12:30:00 Today there are 2.25 million pensioners in our country: a quarter are self-employed or people who have had mixed careers. For a single person, the minimum pension on the self-employed side is 1,669.74 euros gross per month, just like for employees. And 2,086.52 euros gross if this minimum is paid for a household … Read more