The Japanese central bank maintains negative interest rates

2023-12-19 11:42:52 Noha Makram – Live – The Bank of Japan maintained its ultra-loose monetary policy on Tuesday, in a widely expected move, with the bank preferring to wait for more evidence that wages and prices will rise enough to justify a shift away from its massive stimulus policy. The central bank fixed short-term interest … Read more

Global stocks stabilize and euro zone revenues decline

2023-12-05 12:06:44 Noha Makram – Live – German 10-year government bond yields fell to their lowest levels in six months on Tuesday, while global stocks settled at their highest levels in four months as traders strengthened their bets on the European Central Bank cutting interest rates in early 2024 and maintained their expectations about the … Read more

Gold prices rose globally at the end of Wednesday’s trading

2023-11-29 19:21:27 Live: Gold prices consolidated their gains, at the close today, Wednesday, with increasing investors’ expectations that the Federal Reserve will end its monetary tightening cycle in the United States. Upon settlement, gold futures prices for February delivery (the most active) rose by 0.35%, or $6.9, at $2,067.1 per ounce, which is the highest … Read more

Stability of the exchange rates of the dollar against the Egyptian pound in morning trading

2023-11-27 08:12:00 Cairo – Mubasher: The exchange rate of the dollar against the Egyptian pound stabilized at the beginning of trading today, Monday, in Egyptian banks. In the two largest local banks in terms of assets and transactions, “Al-Ahly of Egypt and Misr,” the price of the dollar stabilized, recording 30.75 pounds for purchase and … Read more

“Mazaya” finalizes capital reduction approvals to extinguish accumulated losses

2023-11-27 05:21:28 Doha – Mubasher: Mazaya Real Estate Development Company announced that it has completed obtaining all official approvals. To implement the process of reducing the company’s capital, in accordance with the decision of the Extraordinary General Assembly issued on May 17, 2023; To extinguish accumulated losses. The reduction will take place, according to a … Read more

European stocks rose at the end of Thursday’s trading

2023-11-23 17:39:33 Live: European stocks rose at the end of Thursday’s session, with the evaluation of economic data from the euro zone, which showed a slight improvement in economic activity, achieving the best performance in two months. At the end of trading, the European Stoxx 600 index rose 0.25% to 458.4 points, the highest level … Read more

Moody’s: 15% increase in average real estate prices in Dubai and Abu Dhabi

2023-11-21 08:00:45 Abu Dhabi – Mubasher: Real estate prices increased by about 15 percent in the Emirates of Dubai and Abu Dhabi from the second quarter of 2021 until this week, with 80,000 units currently under construction. Julien Haddad, Vice President and Chief Analyst at Moody’s Credit Rating Agency, noted that this strong performance reflects … Read more

US stocks open higher and are on track to record weekly gains

2023-11-17 15:21:20 Noha Makram – Live – The majority of US stocks opened higher today, Friday, adding to their strong gains during the week, against the backdrop of retail sales updates and a decline in oil, which Wall Street sees as signs of a slowdown in the economy. The S&P 500 index rose by approximately … Read more