Abu Qir Fertilizers profits jump to 7.23 billion pounds during the first half
Rewrite this content Cairo – Mubasher: The financial indicators of the Abu Qir Fertilizers and Chemical Industries Company showed an increase in the company’s profits during the first half of the current fiscal year by 126 percent, on an annual basis. The company added, in a statement issued to the Egyptian Stock Exchange today, that […]
Du becomes an approved telecom operator for field testing of 5G deployment
Rewrite this content Dubai – Mubasher: Du, a subsidiary of Emirates Integrated Telecommunications Company, has become the first telecom operator in the world to be eligible to conduct FTQO field tests for the deployment of 5G Core Common Reference Networks from the International Certification Forum (GCF). The new achievement comes at a time when the […]
The Central Bank of the Emirates issues new guidelines for the insurance sector regarding countering money laundering
Abu Dhabi – Mubasher: The Central Bank of the Emirates issued new guidelines on countering money laundering and combating the financing of terrorism for licensed financial institutions in the insurance sector, which include insurance and reinsurance companies, agents and brokers. The new guidelines, which come into force immediately, contribute to the development of authorized financial […]
Agency: The UAE’s “ADNOC” invites banks to participate in offering their gas activities on the stock exchange
Abu Dhabi – Mubasher: Two sources said that the Abu Dhabi National Oil Company (ADNOC) has invited investment banks to promote a planned initial public offering of its gas activities next year. Bankers familiar with the matter said today, Tuesday, that a request was sent to a select number of banks last week, to submit […]
The gains of the UAE financial markets exceeded $64.9 billion in November
Malik Salameh – directUAE financial market indices varied during the trading of November of this year, with the Dubai market index declining slightly, while the Abu Dhabi Securities Market jumped 151 points from the last session last month. According to market data, the UAE financial markets achieved gains amounting to 238.31 billion dirhams, equivalent to […]
The UAE Central Bank calls for activating the account requirements for insurance companies’ premiums
Abu Dhabi – Mubasher: The Central Bank of the UAE called on all insurance agents, insurance brokerage companies, and health insurance claims management companies licensed to operate in the country by the Central Bank, to activate the requirements of the “suspended account” related to funds and premiums of insurance companies, so that this account is […]
The Emirati “Education” stock rose 2% with the beginning of its second session on the Dubai Stock Exchange
Malik Salameh – Mubasher: The share of “Taleem Holding” rose during the start of its second trading today, Wednesday, on the Dubai Stock Exchange. And by 10:57 am Emirates time, the share of “Taleem Holding” rose by about 2 percent, to a price of 2.6 dirhams. The newly listed stock on the Dubai financial market […]
The Emirati “Education” stock rose 2% with the beginning of its second session on the Dubai Stock Exchange
Malik Salameh – Mubasher: The share of “Taleem Holding” rose during the start of its second trading today, Wednesday, on the Dubai Stock Exchange. And by 10:57 am Emirates time, the share of “Taleem Holding” rose by about 2 percent, to a price of 2.6 dirhams. The newly listed stock on the Dubai financial market […]
“Dubai Commodities” signs a memorandum of understanding for the use of digital assets backed by gold
Dubai – Mubasher: The Dubai Multi Commodities Center (DMCC) signed a memorandum of understanding with Safe Gold, the leading digital gold trading platform in Asia, to enhance Safe Gold’s vision to digitize investment in gold and enable the building of a thriving digital ecosystem for the gold market in the Middle East and North Africa […]
The stock exchange announces the start date of trading on the shares of Egyptians for Housing after the merger
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, […]
