Malik Salameh – Mubasher: The net purchase of foreign shares in the UAE financial markets at the end of trading today, Monday, amounted to 430 million dirhams, equivalent to 117.16 million dollars. Foreign investors carried out purchases on Dubai and Abu Dhabi shares at a value of more than 1.161 billion dirhams, equivalent to 316 … Read more
Al Meera Consumer Goods Company announced / announced, according to the external law firm, the judgment in Case 2022 1327. The appellant is Al Meera Company against the appellant Mr. Muhammad Nasser Al-Qahtani, and the Civil Court of Appeal decided on 11/28/2022 in Appeal No. 1327/2022 to accept the appeal in form and uphold the … Read more
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
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