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 […]
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 […]
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 […]
BNP will not gain by dharna to foreigners: Food Minister
Food Minister Sadhan Chandra Majumder has commented that BNP will not gain by dharna to foreigners. He said this while speaking as the chief guest at the Smart Bangladesh Building Development and Peace rally at Birjowan High School premises in Niamatpur, Naogaon on Tuesday (September 5) afternoon. Criticizing BNP, the minister said, BNP leadership does […]
Inflation and illegitimate gain in the funds of a Diwaniyah real estate employee
September 4, 2023 Baghdad / Obelisk Event: The Investigation Department of the Federal Integrity Commission carried out a seizure at the home of an employee of the Real Estate Registration Department in Diwaniyah, which resulted in the seizure of real estate files in distinct and clear commercial sites that include documents and sums of money. […]
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 […]
Taiwanese school students gain a lot from watching movies, reading books and songs to learn their mother tongue
(Reporter Lin Lianhua/Report from Los Angeles) The Taiwan School of Greater Los Angeles held the “2023 Taiwanese Language Study and Movie Appreciation” at the Taiwan Association of Greater Los Angeles on August 26 (Saturday). Taiwanese language teacher He Sumei taught “Learning Taiwanese Reading Book” Song”, And Professor Li Qingmu gave a lecture on “Taiwanese American […]