CountryA report by the Financial Times indicated that the market value of Elon Musk’s Tesla company decreased over the past week by $85 billion and is now worth less than $400 billion. The report notes that at the close of trading on December 23, shares of the electric vehicle manufacturer fell to a record low … Read more
History 12/22/2022 7:37:45 PM (MENAFN– Al-Bayan) The local stock markets attracted liquidity that exceeded 1.3 billion dirhams yesterday, with its concentration mainly in financial, banking and real estate stocks. The liquidity was distributed by 1.06 billion dirhams in the Abu Dhabi market, and 242.5 million dirhams in the Dubai market after trading on 338.1 million … Read more
American billionaire Jeff Bezos lost $20.5 billion of his fortune, after Amazon.com’s results disappointed investors. Amazon stock plummeted. Com in its biggest one-day drop since 2006, bringing the stock near two-year lows. Shares of the e-commerce company fell 14.05 percent in Friday’s session, after it reported a quarterly loss and the slowest sales growth since … Read more
The uncertainty that dominates the markets, especially after the US central bank’s decision to move interest rates for the first time since 2018, has strengthened the green color’s dominance over cryptocurrency trading platforms during recent sessions. While expectations indicated the continued rise of digital currencies led by “Bitcoin”, the accusations faced by the market that … Read more
The market value of cryptocurrencies lost about 460 billion dollars since the beginning of the transactions of the current year 2022 until Sunday, March 13th, with the return of concerns about the repercussions of the Russian-Ukrainian war, and the Fed’s movements regarding interest, which may rise in the coming days, which harms assets. High-risk after … Read more
The net profit of Al Habib Group for Medical Services in Saudi Arabia increased by 30% to reach 1.376 billion riyals, with the announcement of the group’s financial statements for the year ending on December 31, 2021, compared to 1.0055 billion for the previous year. The reason for the increase in net profit during the … Read more