Wealth

Cairo – Mubasher: The extraordinary general assembly of Sidi Kerir Petrochemical Company approved increasing the issued and paid-up capital from EGP 1.26 billion to EGP 1.51 billion, an increase of EGP 252 million. The company said in a statement to the Egyptian Stock Exchange today, Wednesday, that the increase is distributed over 630 million shares, … Read more

Abu Dhabi – Mubasher: Amazon UAE has signed a cooperation agreement with the “Lulu” group, with the aim of enhancing grocery product options on the company’s website in the country, with express delivery service.. Muhammad Ali Al-Shurafa, Chairman of the Abu Dhabi Department of Economic Development, said: This partnership is in line with the efforts … Read more

Abu Dhabi – Mubasher: The Masdar Green Real Estate Investment Fund, the first of its kind in the UAE dedicated to investing in sustainable real estate assets, announced the completion of the acquisition of real estate worth AED 934 million. The fund stated in a statement issued today, Monday, that with the latest deal, the … Read more

Cairo – Mubasher: The Operations Committee of the Egyptian Stock Exchange decided to lift the suspension of dealing in the shares of Egyptians for Housing, Development and Construction and start trading on its shares as of the trading session on Thursday corresponding to November 24. The stock exchange said, in a statement issued today, Sunday, … Read more

Kuwait – Mubasher: Announced Mina Real Estate Company The financial statements for the second quarter of 2022, however, the Kuwaiti Stock Exchange continued to suspend trading on the stock. According to a statement today, Sunday, “Mina’s” losses in the three months ending on September 30 amounted to 3.42 million dinars, compared to 58.57 thousand dinars, … Read more