The Dubai Financial Market closes with a marginal decline… and the leaders support the rise of the Abu Dhabi Stock Exchange

Abu Dhabi – Mubasher: The UAE financial markets varied at the end of today’s trading session, with the Dubai Financial Market marginally declining, while the Abu Dhabi Stock Exchange rose with the support of the leading shares. At the close of trading today, the Dubai Financial Market fell 0.02 percent to the level of 3.258 … Read more

Drake & Scull: We are focused on obtaining court approval to be able to restructure

Dubai – Mubasher: Shafeeq Abdel Hamid, Chairman of the Board of Directors, said: “Drake and Scull“The company is currently focusing on obtaining the approval of the competent court to be able to implement the restructuring plan. He pointed out that the court decided to appoint an expert to review the validity of the measures taken … Read more

International Holding completes the “Adani” group deal worth 7.3 billion dirhams

Abu Dhabi – Mubasher: Global Holding Company announced today the completion of an investment deal worth 7.3 billion dirhams ($2 billion) in the portfolio of the Adani group of companies, which is “Adani Green Energy Limited”, “Adani Transmission Limited” and “Adani Enterprise Limited”. The global holding company will provide capital to Adani Green Energy Limited, … Read more

“Fake publication” .. an official statement from the Gold Division regarding stopping the selling movement

12:04 ص Saturday 07 May 2022 I wrote – Sherine Salah: The Gold and Precious Metals Manufacture Division of the Federation of Industries, and the General Division of Jewelery Trade in the Federation of Chambers of Commerce, said in an official statement, that the post circulating on some social networking site regarding stopping the movement … Read more

Aldar Properties: We look forward to increasing investment in Egypt

Abu Dhabi – Mubasher: Talal Al Dhiyebi, CEO of Aldar Real Estate Group, announced that the company achieved very strong results in terms of revenues and profits in the first profit of 2022, which witnessed the addition of the results of the Egyptian “SODIC” after its acquisition last year. In an interview with Al Arabiya, … Read more

The largest gold bar in the world sets a new record due to the Ukrainian crisis

The value of the largest gold bar in the world rose, especially after the military operation launched by Russia against Ukraine, especially the record rise in the value of the yellow metal. The value of the world’s largest gold ingot, weighing approximately 250 kilograms, has now reached more than 2.2 billion yen ($17.1 million), more … Read more