Egypt announces that it has been subjected to an earthquake.. and reveals its strength and the fact that losses occurred • Al-Marsad Newspaper

Al-Marsad Newspaper: Egypt announced, yesterday evening, Monday, that it was affected by the earthquake that struck a number of countries in the region. The National Institute for Astronomical and Geophysical Research in Cairo reported that its stations recorded an earthquake 552 km north of Rafah, with a magnitude of 6.4 on the Richter scale. The … Read more

$46 trillion in stock and bond losses

Bank of America said that global stock and bond markets have lost about $46.1 trillion of their market value since November 2021. He explained that these losses are due to the interest rate hike and the shock of quantitative tightening by the Federal Reserve. Bank of America indicated that losses in global markets will not … Read more

The “Nasdaq” and “Standard & Poor’s” indices fell for the third consecutive day…

(MENAFN– Al-Bayan) The Nasdaq and Standard & Poor’s 500 indexes closed lower on Thursday, posting losses for a third consecutive session, as investors tried to digest the Federal Reserve’s latest hawkish move to curb inflation by selling growth-related stocks such as technology companies. The US central bank raised interest rates by 75 basis points, as … Read more

The first comment from the head of the “National for Private Education” on the news of raising school fees to compensate for Corona’s losses • Al Marsad newspaper

Al-Marsad newspaper: The head of the National Committee for Private Education, Abdul Aziz Al-Fahd, denied that private schools sought to compensate for Corona’s losses by raising school fees. Al-Fahd said, in an interview with the Al-Rased program on Al-Ekhbariya channel, that he will not compensate for what happened during the Corona period, even if tuition … Read more

The stock exchange day on Thursday, August 11, 2022

That Guessing the pace of further rate hikes will probably continue cheerfully on the penultimate trading day of the week. Even if the US inflation figures were lower than expected on Wednesday, market participants are oscillating between hope and fear. Marko Behring, head of asset management at Fürst Fugger Privatbank, warns against exaggerated expectations of … Read more

Cryptocurrencies.. Mass losses led by Ethereum and Polkadot

Cryptocurrency prices fell on Sunday, posting collective losses and a decline in trading volume. The price of Bitcoin (BTC), the world’s largest and most popular digital currency, fell 0.78% on Sunday to $2,017.18. The market capitalization of the world’s most popular cryptocurrency also fell to $439.96 billion. The price of Bitcoin reached a high of … Read more

The Dubai index leads the losses of most of the Gulf stock exchanges, amid fears of a global recession

Most of the stock markets in the Gulf closed lower, and the Dubai index led the decline, affected by fears of a possible global recession. The Dubai index fell 1.9 percent, affected by a decrease of 2.8 percent for real estate developer “Emaar” and 2.7 percent for Dubai Islamic Bank. The Abu Dhabi index fell … Read more