Riyadh – Mubasher: The Saudi Arabian Refineries Company announced “refineries” For its transformation into a loss during the third quarter of 2022, compared to a net profit during the comparative period of last year. According to the company’s financial data, issued on the Saudi Tadawul website today, Thursday, the net loss after zakat and tax … Read more
Malik Salameh – LiveGold prices rose in the UAE during last week’s trading, in conjunction with the decline of the US dollar, and expectations that the Federal Reserve will slow down the pace of raising interest rates. Mubasher Info monitors price details during the past week. The price of 24 carat gold opened trading last … Read more
Mahmoud Jamal – Mubasher: Harsha Shetty, CEO of Jindal Shadeed Iron and Steel Company, the largest manufacturer and producer of iron and steel in the Sultanate of Oman, said that there is interest in expanding its investments in four Arab countries, led by Saudi Arabia and the UAE, in addition to Egypt and Bahrain. pointed … Read more
Al-Marsad Newspaper: Snapchat celebrity Hind Al-Qahtani challenged Gulf and Saudi celebrities in particular by sweeping them on Tik Tok. Al-Qahtani explained, via a video clip, that she can eliminate their views on TikTok and receive more gifts if she broadcasts live on the application. Al-Qahtani said: “They see that I want a verified account so … Read more
Cairo – Mubasher: The extraordinary general assembly of Sidi Kerir Petrochemical Company approved increasing the issued and paid-up capital from EGP 1.26 billion to EGP 1.51 billion, an increase of EGP 252 million. The company said in a statement to the Egyptian Stock Exchange today, Wednesday, that the increase is distributed over 630 million shares, … Read more
Abu Dhabi – Mubasher: Amazon UAE has signed a cooperation agreement with the “Lulu” group, with the aim of enhancing grocery product options on the company’s website in the country, with express delivery service.. Muhammad Ali Al-Shurafa, Chairman of the Abu Dhabi Department of Economic Development, said: This partnership is in line with the efforts … Read more
Abu Dhabi – Mubasher: The Masdar Green Real Estate Investment Fund, the first of its kind in the UAE dedicated to investing in sustainable real estate assets, announced the completion of the acquisition of real estate worth AED 934 million. The fund stated in a statement issued today, Monday, that with the latest deal, the … Read more
Kuwait – Mubasher: Announced Mina Real Estate Company The financial statements for the second quarter of 2022, however, the Kuwaiti Stock Exchange continued to suspend trading on the stock. According to a statement today, Sunday, “Mina’s” losses in the three months ending on September 30 amounted to 3.42 million dinars, compared to 58.57 thousand dinars, … Read more