Oil rises 2% as the conflict continues in the Middle East

2023-11-01 15:41:18 direct- Brent crude prices jumped by about 2% today, Wednesday, ahead of meetings of central banks around the world this week, including the Federal Reserve, while markets closely await developments in the conflict in the Middle East. Brent crude futures rose $1.68, or 0.2%, to $86.70 per barrel, at 10:08 ET, while West … Read more

Fortune Arabia: 32 Emirati companies on the list of the 100 most profitable companies

2023-11-01 07:49:40 Abu Dhabi – Mubasher: Fortune Arabia announced the launch of the Fortune Arab 500 list for the year 2023, which includes the 500 largest companies in the region in terms of annual revenues. According to the statement issued yesterday, Tuesday, Emirati companies registered the largest number of companies on the list of the … Read more

Oil decline globally… and Brent is less than $87 per barrel

2023-10-30 19:21:38 Live: Oil futures losses increased at Monday’s close, with an assessment of diplomatic efforts aimed at containing geopolitical tensions in the Middle East. Brent crude futures for December delivery fell by 3.35%, equivalent to $3.03, at $87.45 per barrel, the lowest level at the end of trading since the October 12th session. The … Read more

GTN launches a partial trading engine for global stocks and bonds to encourage investment

2023-10-30 15:42:41 GTN (a leader in financial technology) has launched a fractional trading engine for stocks, bonds and sukuk globally. The launch of this engine comes to fulfill GTN’s commitments to creating a world in which anyone can invest in anything, at any time, especially after partial trading has gained widespread popularity in recent years. … Read more

Managing Inflation, Tax Reforms, and Artificial Intelligence in Belgium – Insights from Bruno Colmant

2023-10-30 07:45:00 Furthermore, Bruno Colmant recalls that Belgium is a country which “consumes more energy than other countries”. Inflation forecast for 2024 therefore risks impacting Belgians’ portfolios. A considerable barrier remains the indexation of salaries but some are raising the idea of ​​giving it up. For Bruno Colmant, this is not a solution: “The idea … Read more

Financial shares decline in the Amman Index on Sunday session

2023-10-29 14:07:17 direct: The general index of the Amman Stock Exchange ended trading on Sunday, declining by 0.01 percent to reach the level of 2414.05 points, losing 0.14 points from its levels at the end of last Thursday’s session. The performance of the Amman Index today was affected by the decline of the financial sector … Read more

Norway’s sovereign fund: $34 billion losses in 3 months

2023-10-24 19:03:29 Live: The Norwegian Central Bank announced on Tuesday that the sovereign fund’s revenues declined by 2.2% during the third quarter of this year, resulting in losses amounting to approximately $34 billion. The value of the losses of the Norwegian Government Global Pension Fund amounted to 374 billion kroner, equivalent to 34 billion dollars, … Read more

PHM Capital’s profits jump 145% in 9 months

2023-10-24 14:08:48 Dubai – Mubasher: BHM Capital Financial Services Company, listed on the Dubai Financial Market, achieved a growth in its profits during the first nine months of 2023, by 145 percent, to reach approximately 27 million dirhams. The company’s total assets increased by 18 percent at the end of the first nine months of … Read more