Mubasher: Most of the Gulf financial markets recovered at the end of trading today, Tuesday, following the impact of their global counterparts, and the rise in oil prices, after the violent decline they experienced during the past two sessions. The general index of the Saudi market “TASI” rose by 0.99% to 11017.38 points, with the … Read more
Cairo – Mubasher: The general assembly of Alexandria Mineral Oils Company – AMOC approved the distribution of 710.32 million pounds, at 55 piasters per share, to shareholders for the fiscal year 2021-2022. The company explained in a statement to the Egypt Stock Exchange today, that it was decided to distribute the amount in two payments, … Read more
Doha – Mubasher: Qatar Energy Company announced the selection of Total Energy as its first partner in the expansion project of the North-South Field, which includes two giant liquefied natural gas production lines with a total capacity of 16 million tons per year. According to a statement by “Qatar Energy” yesterday, Sunday, the project will … Read more
Riyadh – Mubasher: The Bank of England announced today, Thursday, that it will raise the official interest rate to the highest level since 2008. The Bank’s Financial Policy Committee voted in favor of raising the interest rate from 1.75 percent to 2.25 percent, as part of the bank’s plans to rein in the rising inflation, … Read more
Live: The Central Bank of the Emirates announced that the lending interest rate will be raised by 75 basis points, as of tomorrow, Thursday. It is worth noting that the US Federal Reserve’s Open Market Committee decided to raise interest rates, today, Wednesday, by 75 basis points for the third time in a row, to … Read more
Malek Salama – Mubasher: The share of International Holding Company increased during mid-trading today, Wednesday, in conjunction with its efforts to acquire a stake in a Colombian company. By 1:30 pm UAE time, the “Al-Alameya Holding” share rose by 0.31 percent, to a price of 360 dirhams. A trading volume of 800,423 million shares, valued … Read more
Cairo – Mubasher: The red color dominated the Egyptian Stock Exchange indices at the end of trading today, Sunday, affected by the sales of Arabs and foreigners.. The main index of the Egyptian Stock Exchange EGX30 fell during today’s session by 3.13 percent, to close at 9,763 points, and the index of medium and small … Read more
Live – Iman Ghaly: The State of Kuwait’s possession of US Treasury bonds in July 2022 reached the highest level since the previous February (5 months ago); This is according to a statement by the US Treasury last Friday. Kuwait’s holding of US Treasury bonds last July amounted to $49.4 billion, an increase of 6.24% … Read more