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 […]

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 […]

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 […]

This is the only region of Spain in which El Gordo de la Navidad has never fallen

The autonomous city of Melilla is the only region in Spain where the ‘Gordo’ of the Extraordinary Draw of the Christmas Lottery has never fallen, after the provinces of Ávila, Tarragona and Zamora left the list of those not graced with this great prize in 2018 prize, endowed with 400,000 euros for the tenth. On […]

From the ruble to gold is a long road

In violation of all rules As soon as the Russian currency had big problems, not only the Russian, but also other central banks began to buy gold. Carefully, without advertising this, so that prices do not jump up. Against the backdrop of the fall of the first of the metals, which has already dragged on […]