Al-Marsad newspaper: The weather analyst at the Meteorological Center in Jeddah, Aqil Al-Aqil, said that the rains reached very heavy in the Asir, Jazan and Madinah regions, and led to a large flow of torrential rain and the formation of valleys in Jazan and Asir. He added, during an intervention on the “Al-Ikhbariya” channel, that … Read more
Al-Marsad Newspaper: Meteorological spokesman Hussain Al-Qahtani revealed that the temperature will rise in the Kingdom during the month of August. In an intervention with Al-Ikhbariya channel, he said: “August is one of the hot months in the Kingdom, and the regions of the Kingdom will witness a rise in temperatures, as the maximum temperature in … 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
Abu Dhabi – Mubasher: The UAE financial markets varied at the end of today’s trading session, with the Dubai Financial Market marginally declining, while the Abu Dhabi Stock Exchange rose with the support of the leading shares. At the close of trading today, the Dubai Financial Market fell 0.02 percent to the level of 3.258 … Read more
Dubai – Mubasher: Shafeeq Abdel Hamid, Chairman of the Board of Directors, said: “Drake and Scull“The company is currently focusing on obtaining the approval of the competent court to be able to implement the restructuring plan. He pointed out that the court decided to appoint an expert to review the validity of the measures taken … Read more
Abu Dhabi – Mubasher: Global Holding Company announced today the completion of an investment deal worth 7.3 billion dirhams ($2 billion) in the portfolio of the Adani group of companies, which is “Adani Green Energy Limited”, “Adani Transmission Limited” and “Adani Enterprise Limited”. The global holding company will provide capital to Adani Green Energy Limited, … Read more