UAE Investment Bank denies merging with other banks

Abu Dhabi – Mubasher: The investment bank, listed on the Abu Dhabi Securities Exchange, denied today, Thursday, the existence of any talks about merging with other banks. In a disclosure to the stock exchange, the bank indicated that the bank has not been officially authorized in this regard. He clarified that he is committed to … Read more

Union Properties: Announcing several projects in the fourth quarter 2022

Dubai – Mubasher: Union Properties has resumed work in real estate development and will announce several projects during the fourth quarter of this year. Amer Khan Sahib, a member of the board of directors and managing director of the company, said in a statement to Al Arabiya TV that the company is working on a … Read more

Misr Aluminum shareholders decide to distribute a cash coupon of 4.5 pounds per share

Cairo – Mubasher: The Ordinary General Assembly of Misr Aluminum Company approved the report of the board of directors and the financial statements for the last fiscal year. The company said in a statement to the Egyptian Stock Exchange today, Tuesday, that the general assembly decided to distribute a cash coupon to shareholders at the … Read more

The Egyptian Minister of Health discusses the preparations for launching the initiative to support the mental health of citizens

Cairo – Mubasher: Minister of Health and Population Khaled Abdel Ghaffar affirmed his full support for initiatives and programs concerned with mental health and instilling a culture of recovery from mental disorders and rehabilitation, which contributes to improving the quality of life of citizens and facing the changes that occur in societies. This came during … Read more

Female leaders decline in the Muscat index in morning trading

Mubasher: The main index of the Muscat Stock Exchange “Muscat 30” decreased by 0.05 percent, at the beginning of trading today, Sunday, the first session of the week, down to 4539.07 point, losing 2.29 points, compared to its levels in last Thursday’s session. The performance of the index was affected by the decline in the … Read more

Najran Cement begins distributing 0.25 riyals per share on October 19th

Riyadh – Mubasher: Najran Cement Company announced today, Sunday, the date of distributing cash dividends to shareholders for the first half of 2022. The company clarified, in a statement on the Saudi Tadawul, that the distribution of profits will start from Wednesday, October 19, 2022, by direct transfer to bank accounts linked to the shareholders’ … Read more

Most of the Gulf stock exchanges and Egypt rose strongly in the first week of October… What happened?

Mahmoud Jamal – Mubasher: Most of the Gulf stock exchanges rose by the end of the first week of October, tracking the impact of the rise in global stock markets and the gains in oil prices, after the “OPEC Plus” alliance agreed to reduce global supplies by reducing production targets by two million barrels per … Read more

European shares fell by the end of the session, with continued uncertainty about the global economy

Mubasher: European shares fell at the close of trading on Thursday, as global markets struggle to recover from the recent volatility. At the end of the session, the index declined STOXX600 By 0.64% to 396 points, while the . index fell by 0.64% to 396 points FTSE Britain rose by 0.78% at 6,997 points, and … Read more