Mubasher: The Sultanate of Oman, represented by the Public Authority for Special Economic Zones and Free Zones, signed a memorandum of understanding with two Japanese companies, “Kobe Steel” and “Mitsui & Partners Ltd.”, to establish a reduced iron plant in the Special Economic Zone at Duqm. The Economic Authority stated, according to the Oman News … Read more
Abu Dhabi – Mubasher: The Central Bank of the Emirates said that the superiority of deposits over loans recorded at the end of last year, its highest level in seven years, with a difference of 341 billion dirhams in favor of deposits. And the bank stated in a report that the growth of deposits in … Read more
Kuwait – Mubasher: The General Assembly of the Gulf Group for Cables and Electrical Industries Company will discuss, on Wednesday, May 3, the Board of Directors’ proposal to distribute cash dividends of 60% of the nominal value of the share, or 60 fils per share, after offering treasury shares. And according to a statement by … Read more
Mubasher – Mustafa Reda: Gold futures prices rose in trading today, Monday, by more than 1 percent, with the decline of the dollar against major currencies, and the growing concerns about long-term inflation due to the rise in oil prices in global markets. The price of the yellow metal contracts for June delivery increased by … Read more
Abu Dhabi – Mubasher: The consumer price index in Dubai increased during February 2023 to 106.91 points, compared to January 2023, during which it scored 106.09 points. The annual inflation in the emirate rose to 4.9 percent as a result of the rise in the prices of 12 main spending groups: entertainment, sports and culture … Read more
Cairo – Mubasher: Telecom Egypt issued an explanatory statement regarding what is being circulated about the Egyptian government’s intention to offer 10% of its 80% stake in the company’s capital.%. The company said in a statement issued today, Tuesday, that it had contacted the main shareholder, which is the Ministry of Finance, which stated that … Read more
The boy scored 100 points in both subjects and was rewarded with a bucket by the teacher. (Picture / flip from Weibo) In order to encourage students to learn, many teachers or parents will offer a reward system to make children more motivated. There is a boy in Liuzhou City, Guangxi Province, who was rewarded … Read more
25 February 2023, 12:36 AM IST Event poster Doha: The Guinness World Record certificates for the world’s largest football boot will be distributed on Saturday. Indian Embassy, ICC, ICB f. In addition to the representatives, prominent people from the social and cultural scene of Qatar will attend. Leading cartoonist and holder of several Guinness World … Read more