Cairo – Mubasher: The Board of Directors of Madinet Nasr for Housing and Development discussed the letter received from the Sixth of October Development and Investment Company “SODIC” regarding the non-binding offer to acquire the entire capital of the company. The company explained, in a statement addressed to the Emirati Al Dar Company, which owns … Read more
Summary [Two Departments: Further Strengthening the Monitoring and Investigation of Grain Machine Harvesting Loss]In order to minimize the production loss of grain crops and further strengthen the monitoring and investigation of rice, corn, and wheat machine harvesting losses, the Ministry of Agriculture and Rural Affairs and the National Development and Reform Commission jointly issued ” … Read more
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
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
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
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
Riyadh – Mubasher: The CEO of . confirmed Aqua PowerPaddy Badmentan, that the company is looking to expand in hydrogen projects similar to the company’s project in the Kingdom in two other countries. Badmintan said, in an interview with “Al Arabiya” channel, today, Sunday, that these projects are the same size as the NEOM green … Read more
Abu Dhabi – Mubasher: The data of the Purchasing Managers’ Index study in the UAE indicated (SMEs) to another strong expansion in the non-oil economy in March 2022. The main Purchasing Managers’ Index (PMI) in the UAE issued by the agencyS&P Global, today, Tuesday, scored 54.8 points for the second consecutive month in March 2022, … Read more