UAE Julphar’s profits fall 87% in the first half of 2022

Abu Dhabi – Mubasher: The profits of the Gulf Pharmaceutical Industries decreased “Julfar“87 percent, by the end of the first half of this year, compared to profits for the same period last year. Julphar explained in a statement to the Abu Dhabi Stock Exchange that its profits fell to 6.3 million dirhams by the end … Read more

Banks: loans to households up 3.6% in the 1st half of 2022

Kiosk360. The first half of 2022 saw a 3.6% increase in bank loans granted to households, i.e. more than 376 billion DH. This article is a press review of the newspaper Today Le Maroc. Loans granted to households show a marked acceleration in the first half of 2022, reports Today Morocco in its Friday edition. … Read more

“South Cement” profits fall 30% in the second quarter due to low demand and lower selling price

Riyadh – Mubasher: Southern Province Cement Company registered (South Cement) A decrease in net profit by 30% during the second quarter of 2022 on an annual basis, and it decreased on a quarterly basis by 31.5%. According to the company’s financial data, issued on the Saudi Tadawul website today, Tuesday, the net profit after zakat … Read more

Arabia Cement’s profits in the second quarter of 2022 rise 34.3% with the support of associate companies

Riyadh – Mubasher: The financial results of the Arabian Cement Company, for the second quarter of 2022, revealed an increase in net profits by 34.33%, compared to the same quarter of 2021, in light of the increase in selling prices and the increase in the company’s share in the profits of associates. According to the … Read more

Consumer spending in the UAE grows by 22% in 6 months

Abu Dhabi – Mubasher: A report by Majid Al Futtaim showed a total increase in consumer spending in the UAE, by 22% during the period from January to June 2022, compared to the same period last year. Driven by an increase in retail spending by 16% and by 31% in non-retail sectors. According to the … Read more

Stock markets avoid the repercussions of global tensions and go higher.. for these reasons

Mahmoud Gamal – live: At the end of the week’s trading, most global stock markets ignored the repercussions of geopolitical concerns resulting from the visit of US House Speaker Nancy Pelosi to Taiwan, bringing its index to its highest level in nearly two months. Asian stock indices and US contracts rose during Friday’s trading, despite … Read more

La Haus now offers luxury home fractions

$112 million will be the investment to participate in this new product of La Haus. With the aim of “lowering the barrier of entry to the world of real estate” La Haus moves the board of the proptech In colombia. This month it began offering fractions of luxury apartments in Cartagena. This Colombian-Mexican company took … Read more