The 16 emirates regionally in readiness for artificial intelligence

2023-07-17 11:21:24 Abu Dhabi – Mubasher: The UAE ranked 16th regionally on the Government Readiness Index for Artificial Intelligence 2020 of the Oxford Insights Foundation. A recent report prepared by the “Interregional Center for Strategic Analyzes” revealed that investment in artificial intelligence in the Middle East region amounted to about $320 billion, with the increasing … Read more

Agency: UAE Holding is in the process of buying two companies’ stake in ADNOC Pipes

2023-07-13 09:02:31 ABU DHABI – Mubasher: Informed sources said that BlackRock and KKR are close to concluding a deal to sell their multibillion-dollar stake in ADNOC’s oil pipeline network, and ADQ is the buyer. The sources indicated that the two companies are set to give up their combined stake of 40 percent to the holding … Read more

Governor of Central Bank of Lebanon Investigation: Riad Salameh and Allegations of Embezzlement, Money Laundering, and Illegal Enrichment

2023-07-12 19:51:58 Direct: The Governor of the Central Bank of Lebanon, Riad Salameh, underwent an investigation session in cases of embezzlement, money laundering and illegal enrichment before the first investigating judge in Beirut, Charbel Abu Samra, in the presence of his legal representative and the head of the Cases Authority in the Ministry of Justice, … Read more

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