2023-08-16 08:42:51 Mubasher: Gold prices stabilized during trading today, Wednesday, supported by expectations that the Federal Reserve has not yet finished the monetary tightening cycle. And by 09:35 am GMT, gold settled in spot transactions at $ 1903.50 an ounce. US gold futures also settled at $1935.60 an ounce. As for other precious metals, spot … Read more
2023-08-16 05:03:44 Dubai – Mubasher: Shuaa Capital announced that Jassim Al Siddiqi’s share has decreased to 21 percent of the company’s capital, which he indirectly owns. Shuaa indicated that this comes after he sold a share of 71.5 million shares through a private deal. The ownership of the former board member was around 25% before … Read more
2023-08-14 06:25:19 Abu Dhabi – Mubasher: The net profit of Abu Dhabi National Energy Company “TAQA” decreased by 16.8 percent at the end of the second quarter of this year, compared to the profits of the same period last year. The financial statements of the company listed on the Abu Dhabi Securities Market indicated that … Read more
2023-08-09 09:51:00 President Joe Biden’s decision is the culmination of a lobbying effort by a dozen tribes with historical ties to the region and advocated for its monument status. It will be called Baaj Nwaavjo I’tah Kukveni Grand Canyon National Monument. Baaj nwaavjo (BAAHJ – NUH-WAAHV-JOH) means “where indigenous peoples roam” in Havasupai language, and … Read more
2023-08-02 06:02:45 Dubai – Mubasher: Ajman Bank’s profits increased by 36.6 percent at the end of the first half of this year, compared to quarters of the same period last year. The bank stated in a statement that it recorded a net profit of 102.3 million dirhams during the first half of 2023, compared to … Read more
2023-07-30 07:58:13 Cairo – Mubasher: Telecom Egypt confirmed that it had not received any official offers regarding its stake in Vodafone Egypt. This came in a statement in response to the Egyptian Stock Exchange’s inquiries regarding what was published under the title (Qatar Investment implements the acquisition of a stake in Vodafone Egypt within two … Read more
2023-07-29 08:17:27 Mubasher: Oil prices rose at the settlement of weekly transactions, recording gains for the fifth week in a row, amid optimism among investors that prices will continue to rise thanks to the recovery in demand and supply cuts. The appetite for risk in financial markets in general increased due to growing expectations that … Read more
2023-07-24 23:09:26 Solitario Resources Corp, a junior mining company that explores the Bongará zinc deposit (called Cañón de Florida) together with Nexa Resources, reported that the drilling of 4,000 meters of said deposit, in Amazonas, is scheduled for mid-August. The company announced that additional drilling may be carried out in other areas. ALSO READ At … Read more