2023-10-10 12:46:16 Muhammad Shaker – Mubasher: The shares of Shuaa Capital, listed on the Dubai Financial Market, declined at the close of trading on Tuesday, recording the lowest closing since listing. At the end of today’s trading, the stock declined by 6.97 percent to a price of 0.271 dirhams. According to market data, the stock … Read more
2023-10-06 10:11:44 Riyadh – Mubasher: The financial markets in the United Arab Emirates and the Kingdom of Saudi Arabia accounted for about 77% of the total trading of Arab stock exchanges during last September’s trading. The Arab Monetary Fund stated, in its monthly bulletin for Arab financial markets, which monitors the performance of 14 stock … Read more
2023-10-05 09:34:08 Abu Dhabi – Mubasher: The UAE Central Bank revealed an increase in the average nominal and real exchange rate of the UAE dirham during the second quarter of this year. The Central Bank explained in its recently issued quarterly report that the effective nominal exchange rate, which takes into account the multiple exchange … Read more
2023-10-03 17:11:22 Live: The American bank, Morgan Stanley, announced that it has revised its future outlook on Egypt’s debts to a negative outlook after shifting to a “non-favorable” position from “neutral”, due to the increase in the amount of risks it faces with regard to credit in the near term. In its report issued and … Read more
2023-10-01 06:28:34 Cairo – Mubasher: The Ordinary General Assembly of Abu Qir Fertilizers and Chemical Industries Company approved the Board of Directors’ report and financial statements for the last fiscal year ending in June 2023. The company said in a statement to the Egyptian Stock Exchange on Sunday that the general assembly agreed to distribute … Read more
2023-09-23 18:17:15 Live: Two officials at the US Federal Reserve explained that at least one more interest rate increase is possible, and that there is a need for high borrowing costs to continue for a longer period so that the bank can reduce inflation to return to its 2% target. Boston Federal Reserve Bank President … Read more
2023-09-19 09:58:55 Abu Dhabi – Mubasher: Quasi-cash deposits in the UAE rose last July by 22 percent on an annual basis. According to data issued by the Central Bank of the Emirates, quasi-cash deposits reached 1.077 trillion dirhams last July, compared to 885.4 billion dirhams in July 2022, an increase equivalent to 191.7 billion dirhams. … Read more
2023-09-16 20:29:02 Live: Oil prices increased to their highest level during the year this week, continuing their rise, which strongly highlighted the possibility of returning to the level of $100 per barrel before the end of this year, according to the expectations of some analysts. Oil contracts have risen sharply this month so far, achieving … Read more