The Emirati “ADNOC” signs an agreement worth two billion dirhams with a Chinese company to supply natural gas

2023-09-07 05:16:03 Abu Dhabi – Mubasher: ADNOC Gas, the global gas processing company, has signed an agreement to supply liquefied natural gas with PetroChina International Limited, a subsidiary of PetroChina Limited, one of the leading oil and gas producers and distributors in China. The company stated, in a statement, that the value of the agreement … Read more

Gold prices fell globally in closing Monday

2023-09-04 20:26:14 Mubasher: By the end of trading today, Monday, gold prices headed towards a slight decline amid scant trading, supported by a slight decline in the dollar. There was little change in gold in spot transactions at $ 1939.61 an ounce, after it rose to the highest level in a month at $ 1952.79 … Read more

42.2 billion dirhams spending on consumer goods via the Internet in the UAE during 2022

2023-08-30 05:20:11 Abu Dhabi – Mubasher: A report issued by the UAE Digital Government and Telecommunications Regulatory Authority showed that total spending on consumer goods via the Internet in the country during the past year amounted to about 42.26 billion dirhams. The report indicated that the number of digital buyers who used the Internet to … Read more

$ 90 billion market gains for the American “Nvidia” stock in one day .. What happened?

2023-08-22 01:23:36 Mubasher – Mahmoud Jamal: The market value of the American company, “Nvidia Corp”, increased by $ 90 billion in one day, amid raising its target prices and expectations of an increase in demand for its products, with the rise in the pace of demand for artificial intelligence, coinciding with the rise in the … Read more

Globally, gold prices are stabilizing amid anticipation of an interest rate hike

2023-08-16 08:42:51 Mubasher: Gold prices stabilized during trading today, Wednesday, supported by expectations that the Federal Reserve has not yet finished the monetary tightening cycle. And by 09:35 am GMT, gold settled in spot transactions at $ 1903.50 an ounce. US gold futures also settled at $1935.60 an ounce. As for other precious metals, spot … Read more

Emirati Shuaa: Jassim Al-Siddiqi’s share decreased to 21%

2023-08-16 05:03:44 Dubai – Mubasher: Shuaa Capital announced that Jassim Al Siddiqi’s share has decreased to 21 percent of the company’s capital, which he indirectly owns. Shuaa indicated that this comes after he sold a share of 71.5 million shares through a private deal. The ownership of the former board member was around 25% before … Read more

The profits of the UAE “Taqa” decreased 16.8% in 3 months

2023-08-14 06:25:19 Abu Dhabi – Mubasher: The net profit of Abu Dhabi National Energy Company “TAQA” decreased by 16.8 percent at the end of the second quarter of this year, compared to the profits of the same period last year. The financial statements of the company listed on the Abu Dhabi Securities Market indicated that … Read more

Ajman Bank profits jump 37% in 6 months

2023-08-02 06:02:45 Dubai – Mubasher: Ajman Bank’s profits increased by 36.6 percent at the end of the first half of this year, compared to quarters of the same period last year. The bank stated in a statement that it recorded a net profit of 102.3 million dirhams during the first half of 2023, compared to … Read more