Create your own wealth
A while ago, I read an economic report that said, “Any company that succeeds in monopolizing 10 percent of the shampoo market will automatically become one of the 50 richest companies in the world.” And then this crazy idea came to my mind: What if a company invented a shampoo that eliminates baldness or removes […]
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 […]
They discussed developments related to the mission of the UN envoy and his efforts within the framework of the mandate entrusted to him… Al-Miqdad: The plundering of the Syrians’ wealth by American forces is a flagrant violation of international law.
Yesterday, Minister of Foreign Affairs and Expatriates, Faisal Al-Miqdad, discussed with the UN Special Envoy to Syria, Geir Pedersen, and his accompanying delegation the latest developments related to his mission. Pedersen gave a presentation on the results of the visits and meetings he conducted during the last period, and the efforts he is making within […]
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 […]
The Caricatured Attacks on the Wealthy: Examining the Criticism Directed at the LVMH Group for their Donation to Restos du Coeur
By Olivier Babeau Posted 10 hours ago, Updated 6 hours ago “To hear our most left-wing politicians, the disappearance of the wealthiest would be synonymous with universal prosperity” JULIEN DE ROSA / AFP FIGAROVOX/TRIBUNE – The boss of the LVMH group and his family were criticized by part of the left after announcing the payment […]
The Number of Millionaires in Spain Continues to Rise, Reaching 1.1 Million: A Look at the Richest Individuals in Madrid
The number of millionaires does not stop growing all over the world, and the same happens in Spain. So, The number of millionaires in our country has risen this year to 1,147,000according to the study data The Global Wealth Report de 2021 Prepared by Credit Suisse bank. However, the number of rich in our country […]
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 […]