Najran Cement begins distributing 0.25 riyals per share on October 19th

Riyadh – Mubasher: Najran Cement Company announced today, Sunday, the date of distributing cash dividends to shareholders for the first half of 2022. The company clarified, in a statement on the Saudi Tadawul, that the distribution of profits will start from Wednesday, October 19, 2022, by direct transfer to bank accounts linked to the shareholders’ … Read more

Most of the Gulf stock exchanges and Egypt rose strongly in the first week of October… What happened?

Mahmoud Jamal – Mubasher: Most of the Gulf stock exchanges rose by the end of the first week of October, tracking the impact of the rise in global stock markets and the gains in oil prices, after the “OPEC Plus” alliance agreed to reduce global supplies by reducing production targets by two million barrels per … Read more

du hosts a high-ranking Ericsson delegation to enhance cooperation and partnerships

Dubai United Arab Emirates : du, a subsidiary of Emirates Integrated Telecommunications Company, announced that its CEO, Fahad Al-Hasawi, hosted today at the company’s headquarters in Dubai Hills, a high-level delegation from Ericsson, led by Boreh Ekholm, President and Group CEO of Ericsson. This meeting is an extension of the long-term partnership between the two … Read more

European shares fell by the end of the session, with continued uncertainty about the global economy

Mubasher: European shares fell at the close of trading on Thursday, as global markets struggle to recover from the recent volatility. At the end of the session, the index declined STOXX600 By 0.64% to 396 points, while the . index fell by 0.64% to 396 points FTSE Britain rose by 0.78% at 6,997 points, and … Read more

How did Emirati companies become away from economic storms? .. “S&P” answers

Dubai – Mubasher: Economic indicators in the UAE showed that local companies have become far from being affected by the economic storms in other regions, despite the world’s going through major fluctuations after the Corona epidemic, which was followed by the inflation crisis. According to a report released on Wednesday, David Owen, a researcher at … Read more

UAE PMI falls in September for the first time in 3 months

Abu Dhabi – Mubasher: Purchasing Managers’ Index data issued by S&P Global indicated the growth of the non-oil producing sector in the UAE for the month of September. According to the index, strong new business growth continued to drive production and employment increases, and companies also faced relatively moderate price pressures, as input costs rose … Read more

Egypt discusses with “UNICEF” cooperation in programs to promote maternal and child health

Cairo – Mubasher: Minister of Health and Population Khaled Abdel Ghaffar received, on Sunday evening, the representative of the United Nations Children’s Fund (UNICEF) in Egypt, Mr. Jeremy Hopkins and his accompanying delegation, at the ministry’s general office. The minister praised the role of UNICEF in Egypt and its efforts to support the services provided … Read more

The Central Bank of Lebanon raises the exchange rate of the dollar 10 times against the lira

Live: The Minister of Finance in the caretaker government, Youssef Khalil, said that the Central Bank of Lebanon adopted an exchange rate of 15,000 pounds against the dollar instead of 1,507, equivalent to a 10-fold increase. This came during his speech to “Archyde.com” today, Wednesday, according to the Lebanese National News Agency. The minister described … Read more