Togo: 30% depreciation on customs vehicle values

30% depreciation on customs vehicle values in Togo It’s Christmas early at the Togolese Revenue Office (OTR). From September 20 to December 20, 2023, the financial authority is offering a 30% reduction on the customs value of vehicles over 5 years old. This is a campaign to depreciate customs clearance fees for overdue vehicles and […]
The Emirates Agthia General Assembly approves a distribution of 8.25 fils per share for the first half

Abu Dhabi – Mubasher: Agthia Group shareholders approved, during the General Assembly meeting yesterday, Tuesday, the Board of Directors’ proposal regarding the distribution of interim dividends for the first half of 2023. Agthia explained in a statement that the interim dividends distributed are equivalent to 8.25 fils per share, with a total value of 65.31 […]
HZA-KR: Krefeld main customs office and customs offices closed from midday on September 19, 2023

Krefeld (ots) The main customs office in Krefeld points out that the office building on Medienstr. 1, 47807 Krefeld, will be closed on Tuesday, September 19, 2023 from 12:00 p.m. This also applies to the customs offices in the district of the main customs office in Krefeld – the Uerdingen customs office, Am Zollhof 7, […]
Spending on purchasing digital applications in the UAE grew to 1.6 billion dirhams

Abu Dhabi – Mubasher: The volume of spending on purchasing digital applications in the UAE increased during the year 2022, by 25.3 percent on an annual basis. According to a report issued by the UAE Telecommunications and Digital Government Regulatory Authority, the volume of spending on purchasing digital applications during the year 2022 amounted to […]
Al-Siddiq directs Misurata customs to strengthen efforts to combat drug smuggling

Libya News 24 The Libyan Attorney General, Counselor Al-Siddiq Al-Sour, met the leaders and members of the Customs Guard at the Misrata Sea Port Customs Center and the Misurata Free Zone, in the presence of the Chairman of the Council of Elders and Notables of the city of Misurata, his deputy and the head of […]
The stability of the exchange rates of the pound against the dollar… and the rise of the euro and sterling

Cairo – Mubasher: The exchange rate of the dollar against the Egyptian pound stabilized at the beginning of its dealings today, Wednesday, in Egyptian banks. And in the two largest local banks in terms of assets and transactions, “Al-Ahly of Egypt and Egypt,” the dollar recorded 30.75 pounds for purchase and 30.85 pounds for sale.. […]
UAE banks inject loans to small and medium-sized companies, amounting to 85.6 billion dirhams

Abu Dhabi – Mubasher: The cumulative balance of facilities and loans provided by banks operating in the UAE to small and medium-sized companies, during the first half of this year, increased by 2.8 percent on an annual basis, or the equivalent of 2.3 billion dirhams. The UAE Central Bank statistics revealed that the cumulative balance […]
7.5 billion dirhams net institutional investment in UAE stocks within 8 months

Abu Dhabi – Mubasher: Investment institutions increased their purchases of UAE stocks, after recording a net purchase of local stocks at a value of 7.5 billion dirhams during the period from January to August, after achieving total purchases of 207.6 billion dirhams, compared to total sales of about 200.1 billion dirhams. Based on the data […]
Addis Holding intends to offer 30% of its shares in Tadawul, Saudi Arabia

Riyadh – Mubasher: Addis Holding Company announced today, Monday, its intention to make an initial public offering and list its shares on the main Saudi Tadawul market. And the company stated, in a statement, that the Capital Market Authority had approved, on June 21, 2023, the company’s request to register its capital and offer 338.72 […]
Emirati Shuaa Capital: Reducing costs contributed to the shift to profitability in the first half

Dubai – Mubasher: Fawad Khan, CEO of Emirati company Shuaa Capital, said that his company’s transformation to profitability in the first rank of this year came with the support of reducing costs to 76% compared to last year. Khan indicated, in a press statement today, Sunday, that the company’s operating income witnessed an improvement during […]