“Mazaya” finalizes capital reduction approvals to extinguish accumulated losses

2023-11-27 05:21:28 Doha – Mubasher: Mazaya Real Estate Development Company announced that it has completed obtaining all official approvals. To implement the process of reducing the company’s capital, in accordance with the decision of the Extraordinary General Assembly issued on May 17, 2023; To extinguish accumulated losses. The reduction will take place, according to a … Read more

Saudi Government Secures Record $11 Billion Syndicated Loan: Bloomberg

2023-11-26 07:31:43 Al-Marsad newspaper – Agencies: Bloomberg said that the Saudi government obtained a syndicated loan worth $11 billion, equivalent to about 41.3 billion riyals, which is the largest government loan in the world, this year. The agency explained that the 10-year loan was financed by about 18 banks, with Chinese banks pledging about $5 … Read more

Register for a Government Savings Bank loan of 100,000 baht through MyMo, long installments, no fees, sure?

2023-11-25 12:50:00 Register for a Government Savings Bank loan of 100,000 baht through My Mo, long installments, no fees. Recently, Government Savings Bank confirmed that it is not true. According to the information to believe in the storyGovernment Savings Bank provides loans up to 100,000 baht through the Mymo page. Co., Ltd. The Anti-Fake News … Read more

European stocks rose at the end of Thursday’s trading

2023-11-23 17:39:33 Live: European stocks rose at the end of Thursday’s session, with the evaluation of economic data from the euro zone, which showed a slight improvement in economic activity, achieving the best performance in two months. At the end of trading, the European Stoxx 600 index rose 0.25% to 458.4 points, the highest level … Read more

Moody’s: 15% increase in average real estate prices in Dubai and Abu Dhabi

2023-11-21 08:00:45 Abu Dhabi – Mubasher: Real estate prices increased by about 15 percent in the Emirates of Dubai and Abu Dhabi from the second quarter of 2021 until this week, with 80,000 units currently under construction. Julien Haddad, Vice President and Chief Analyst at Moody’s Credit Rating Agency, noted that this strong performance reflects … Read more

US stocks open higher and are on track to record weekly gains

2023-11-17 15:21:20 Noha Makram – Live – The majority of US stocks opened higher today, Friday, adding to their strong gains during the week, against the backdrop of retail sales updates and a decline in oil, which Wall Street sees as signs of a slowdown in the economy. The S&P 500 index rose by approximately … Read more

The Dubai Stock Exchange gains 8.4 billion dirhams within a week

2023-11-17 12:10:40 Ahmed Al-Demerdash – Mubasher: UAE financial market indices rose at the end of the week’s trading, amid increasing investor bets that the Federal Reserve has reached the end of its monetary tightening cycle, putting pressure on the dollar and Treasury bond yields. According to UAE financial market data, the Dubai Financial Market recorded … Read more

Stability of the credit asset quality of Chinese commercial banks

2023-11-16 03:08:00 BEIJING, Nov. 16, 2023 (Xinhua) – Official data issued by the National Financial Regulatory Authority showed that the percentage of non-performing loans in commercial banks in China witnessed a decrease of 0.01 percentage point to reach 1.61 percent at the end of the third quarter compared to the previous quarter. The data indicated … Read more