Owner Salama – Mubasher: The shares of 6 companies listed on the Dubai and Abu Dhabi stock exchanges acquired 49 percent of the liquidity recorded by the UAE financial markets, at the end of Monday’s session. The trading values of the six shares achieved a liquidity of 817.19 million dirhams, at the end of today’s … Read more
Abu Dhabi – Mubasher: The profits of the Gulf Pharmaceutical Industries decreased “Julfar“87 percent, by the end of the first half of this year, compared to profits for the same period last year. Julphar explained in a statement to the Abu Dhabi Stock Exchange that its profits fell to 6.3 million dirhams by the end … Read more
Riyadh – Mubasher: Southern Province Cement Company registered (South Cement) A decrease in net profit by 30% during the second quarter of 2022 on an annual basis, and it decreased on a quarterly basis by 31.5%. According to the company’s financial data, issued on the Saudi Tadawul website today, Tuesday, the net profit after zakat … Read more
Riyadh – Mubasher: The financial results of the Arabian Cement Company, for the second quarter of 2022, revealed an increase in net profits by 34.33%, compared to the same quarter of 2021, in light of the increase in selling prices and the increase in the company’s share in the profits of associates. According to the … Read more
Abu Dhabi – Mubasher: A report by Majid Al Futtaim showed a total increase in consumer spending in the UAE, by 22% during the period from January to June 2022, compared to the same period last year. Driven by an increase in retail spending by 16% and by 31% in non-retail sectors. According to the … Read more
Mahmoud Gamal – live: At the end of the week’s trading, most global stock markets ignored the repercussions of geopolitical concerns resulting from the visit of US House Speaker Nancy Pelosi to Taiwan, bringing its index to its highest level in nearly two months. Asian stock indices and US contracts rose during Friday’s trading, despite … Read more
Cairo – Mubasher: Sixth of October Development and Investment Company (SODIC) said that it is not in the process of reviewing the indicative purchase price offered by it to acquire the entire capital of Madinet Nasr for Housing and Development. In a statement to the Egyptian Stock Exchange today, Tuesday, the company denied what was … Read more
Cairo – Mubasher: The Board of Directors of Madinet Nasr for Housing and Development discussed the letter received from the Sixth of October Development and Investment Company “SODIC” regarding the non-binding offer to acquire the entire capital of the company. The company explained, in a statement addressed to the Emirati Al Dar Company, which owns … Read more