2023-08-14 06:25:19 Abu Dhabi – Mubasher: The net profit of Abu Dhabi National Energy Company “TAQA” decreased by 16.8 percent at the end of the second quarter of this year, compared to the profits of the same period last year. The financial statements of the company listed on the Abu Dhabi Securities Market indicated that … Read more
2023-08-02 06:02:45 Dubai – Mubasher: Ajman Bank’s profits increased by 36.6 percent at the end of the first half of this year, compared to quarters of the same period last year. The bank stated in a statement that it recorded a net profit of 102.3 million dirhams during the first half of 2023, compared to … Read more
2023-07-30 07:58:13 Cairo – Mubasher: Telecom Egypt confirmed that it had not received any official offers regarding its stake in Vodafone Egypt. This came in a statement in response to the Egyptian Stock Exchange’s inquiries regarding what was published under the title (Qatar Investment implements the acquisition of a stake in Vodafone Egypt within two … Read more
2023-07-29 08:17:27 Mubasher: Oil prices rose at the settlement of weekly transactions, recording gains for the fifth week in a row, amid optimism among investors that prices will continue to rise thanks to the recovery in demand and supply cuts. The appetite for risk in financial markets in general increased due to growing expectations that … Read more
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
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
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
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