Abu Dhabi Market expands custody services in partnership with BNY Mellon

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange has appointed BNY Mellon, the world’s largest banking institution for custodial services, to support dual listing on the Abu Dhabi Securities Market by international companies. Through this cooperation, the bank will act as a link between the Abu Dhabi Securities Exchange and the International Securities Depository […]

After acquiring a majority stake in Metito… Alpha Dhabi shares rise 0.5%

Mohamed Shaker – Mubasher: The shares of Alpha Dhabi Holding, listed on the Abu Dhabi Securities Market, rose during Monday’s trading, coinciding with its acquisition of a majority stake in Metito Holding Company Limited, which operates in the field of water and wastewater treatment. During today’s trading, by 10:52 AM UAE time, the stock rose […]

how expanding deposits became a mess

NOS NOS Nieuws•donderdag, 11:59 Ruben Eg editor Economics Ruben Eg editor Economics “It’s not like we need to put someone on the moon.” As the new State Secretary for Infrastructure and the Environment, Stientje van Veldhoven is firmly convinced in 2018 that reducing bottles and cans in litter is really not that complicated. “One way […]

The UAE Central Bank keeps the base rate at 5.4%

Live: The Central Bank of the United Arab Emirates decided to keep the “base rate” on overnight deposit facilities unchanged at 5.40%, starting tomorrow, Thursday, September 21, 2023. This decision comes after the Federal Reserve announced that it would keep the interest rate on reserve balances unchanged at its meeting held today. The Central Bank […]

Press Conference: Implementation of the Austrian Deposit System with Climate Protection Minister Leonore Gewessler

Vienna (OTS) – Invitation to the joint press conference by Climate Protection Minister Leonore Gewessler, Monika Fiala and Simon Parth (Managing Directors EWP Recycling Pfand Österreich gGmbH), as well as Robert Nagele and Philipp Bodzenta, (Board members of the one-way deposit association), on the topic “Implementation of the Austrian deposit system” . Participants:Climate […]

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 […]