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 […]

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 […]

Censorship of the Minister of Energy and Mines promoted by Fujimorism fails

The Plenary Session of Congress rejected the motion of censure presented against the Minister of Energy and Mines, Oscar Vera Gargurevich, raised for alleged moral incapacity, lack of leadership and suitability for the exercise of that position. The result of the vote was 52 votes in favor, 51 against and 13 abstentions, that is, it […]

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 […]

They celebrate in Cienfuegos the 10th anniversary of the Energy and Mines Workers Union

Approximate reading time: 48 seconds On the morning of this Friday, September 8, the event for the 10th anniversary of the Energy and Mines workers union took place at the “Camilo Cienfuegos” oil refinery. This decade has witnessed numerous examples of dedication, tenacity, victories and challenges that have tested the ingenuity and courage of the […]

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 […]