Abu Dhabi – Mubasher: Americana announced an increase in the number of shares available to individual investors in the UAE in its initial public offering from 5% to 10% of the total offering shares, to become similar to the percentage of individual investors in the Kingdom of Saudi Arabia.. The company stated in a statement […]
Malik Salameh – Mubasher: The profits of 6 major real estate companies listed on the UAE stock markets increased by 66 percent, by about 4.618 billion dirhams, equivalent to $1.25 billion, during the first nine months of 2022. According to statistics conducted by “Mubasher” based on the financial statements of companies listed on the Dubai […]
Abu Dhabi – Mubasher: Andrew Cole, CFO of “Yahsat“The company is looking to grow organically through acquisitions over the next few years. Andrew Cole, in an interview with Bloomberg, added that Yahsat will “press hard” to grow its business revenue streams over the next few years. He added that the company is focusing on expanding […]
Dubai – Mubasher: Chimera Capital, a subsidiary of Chimera Investments, announced the launch of the Alpha Wave Private Trust Fund, an open-ended trust fund, with investment pledges of $2 billion. The company launched the fund jointly with Alpha Wave Global, an investment firm that manages a range of investment funds across various asset classes, according […]
Muhammad Shaker – Mubasher: The share of Aldar Properties, listed on the Abu Dhabi Securities Exchange, rose during today’s trading, coinciding with the announcement of its financial results for the first nine months of 2022. By 12:15 pm UAE time, the stock rose by 0.46 percent, reaching a price of 3.380 dirhams. According to market […]
After strong weekly increases, where are the global and Gulf stock exchanges heading in the coming period?
Mahmoud Jamal – Mubasher: Most of the global and Gulf financial markets recorded strong gains at the end of trading in the third week of this month, topping the US indices, with the continued release of corporate business results and assessment of the effects of the monetary policy path on the performance of stocks, ignoring […]
Kuwait – Mubasher: Chairman of the Board of Directors of Kuwait Finance House “KFH” Hamad Al-Marzouq said that the bank topped the list of the largest companies in terms of market capitalization on the Kuwait Stock Exchange, with a value of more than 11 billion Kuwaiti dinars, stressing commitment to the interests of shareholders, according […]
Dubai – Mubasher: Union Properties has resumed work in real estate development and will announce several projects during the fourth quarter of this year. Amer Khan Sahib, a member of the board of directors and managing director of the company, said in a statement to Al Arabiya TV that the company is working on a […]
The “TASI” index is down 1.63% amid a collective decline of the sectors.. with a liquidity of 3.84 billion riyals
Riyadh – Mubasher: The Saudi stock market “Tadawul” ended today’s session with a noticeable decline, to continue its decline for the third consecutive session, in light of a collective decline of sectors amid a noticeable decline in liquidity. The general index of the market “TASI” closed down 1.63%, with losses amounting to 191.34 points, dropping […]
Most of the Gulf stock exchanges and Egypt rose strongly in the first week of October… What happened?
Mahmoud Jamal – Mubasher: Most of the Gulf stock exchanges rose by the end of the first week of this month, tracking the impact of the rise in global stock markets and the gains in oil prices, after the “OPEC Plus” alliance agreed to reduce global supplies by reducing production targets by two million barrels […]