Foreign investors are buying UAE shares for $13.2 million at the end of Tuesday’s session

2023-07-11 12:52:04 Malik Salameh – directThe net purchase of foreign shares in the UAE financial markets during trading today, Tuesday, reached a value of 48.43 million dirhams, equivalent to 13.2 million dollars. Foreign investors carried out purchases on Dubai and Abu Dhabi shares, at a value that exceeded 386.401 million dirhams, or about $105.28 million, … Read more

It started with 50 piasters.. A timeline of the jumps of an Arab energy share during the first 48 hours of the offering

2023-07-10 19:31:54 Mostafa Reda – Mubasher: The performance of the Arab Energy stock witnessed leaps and big deals during the first two days of the first offering of the stock on the Egyptian Stock Exchange. The “Mubasher” website monitors a chronological sequence of the process of offering Taqa Arabia’s shares on the Egyptian Stock Exchange, … Read more

Foreign investors buy 715 million dollars worth of Emirati shares within a week

2023-07-09 07:17:47 Malik Salameh – Mubasher: The net purchase of foreigners from shares in the UAE financial markets during the first week of July 2023 amounted to 287 million dirhams, equivalent to 78 million dollars. After examining the market data, it became clear to us that foreign investors carried out purchases on Dubai and Abu … Read more

Foreign investors are buying UAE shares for $103 million at the end of Thursday’s session

2023-07-06 11:52:01 Malik Salameh – Mubasher: The net purchase of foreign shares in the UAE financial markets during Thursday’s trading amounted to 19.16 million dirhams, equivalent to 5.22 million dollars. Foreign investors carried out purchases on Dubai and Abu Dhabi shares at a value of more than 382.172 million dirhams, equivalent to 103 million dollars, … Read more

Emirates NBD shares hit the highest price since listing

2023-07-04 10:57:37 Mohamed Shaker – Mubasher: Emirates NBD Bank, which is listed on the Dubai Financial Market, jumped during trading today, Tuesday, to record the highest price since the listing. During today’s trading, and by 2:50 pm UAE time, the share rose by 4.24 percent, reaching a price of 15.95 dirhams. According to market data, … Read more

The Central Bank and the Bahrain Association of Banks are discussing facilitating mechanisms for financing small enterprises

2023-06-26 15:29:13 Mubasher: The Central Bank of Bahrain and the Bahrain Association of Banks held their periodic consultative meeting today, Monday, during which they discussed a number of issues related to the further development of the financial and banking industry in the Kingdom of Bahrain, foremost of which is enhancing the contribution of banks to … Read more

Are gold prices eligible to rise to $2,100 before the end of 2023? .. “Saxo Bank” answers

2023-06-22 12:59:29 Mubasher: The statements of the US Federal Reserve President before Congress regarding the return to increase the interest rate early this year pushed global gold prices to further decline, to remain at their lowest level in nearly 3 months. During Thursday’s trading, gold prices fell in spot transactions by 0.2%, to reach $1929.21 … Read more

UAE Central: 11 billion dirhams of new personal financing during the first quarter

2023-06-18 11:37:36 Abu Dhabi – Mubasher: UAE banks granted 11 billion dirhams in new personal financing to the individual sector during the first quarter of this year. The total balance of individual borrowing increased by more than 487 billion dirhams until the end of last March, acquiring a share of more than 29% of the … Read more