Tunisia 24 -10-2019 \ SPA The main index of the Tunisian Stock Exchange “TONANDEX” closed the day down by 0.14%, reaching 7040.29 points. The volume of traded funds amounted to 5.820 million Tunisian dinars, or about 1.904 million US dollars, amid the rise of the shares of 20 companies listed …
Read More »Algerian President: Africa is seeking a leading role to ensure its integration in global trade
Sochi 24 -10-2019 \ SPA Algerian President Abdelkader Bensalah said today that Africa aspires to a clear leading role aimed at ensuring its gradual integration into global trade. In his speech at the opening of the first Russia-Africa Summit held in Sochi, Russia, Bin Saleh explained that this integration is …
Read More »Oil prices are falling amid pressure on the market on expectations of weak demand
WASHINGTON 24 -10-2019 \ SPA Oil prices retreated today amid continued concerns over expectations of weak demand, after posting significant gains in the previous session following a sudden drop in US crude inventories. Brent crude futures fell 17 cents, or 0.3 percent, to $ 61 a barrel, and global benchmark …
Read More »The Kingdom is a platform for growth, development, development and commercial expansion of the world
Riyadh 24 -10-2019 \ SPA The Minister of Trade and Investment, Chairman of the National Competitiveness Center (Taysir), Dr. Majed bin Abdullah Al-Qasabi held a press conference in Riyadh today on the occasion of the Kingdom of Saudi Arabia achieved a qualitative achievement in the Doing Business 2020 report issued …
Read More »London’s main index closed higher
LONDON 24 -10-2019 \ SPA London’s main FTSE 100 index closed higher. The index, which includes the largest (100) companies in the London Stock Exchange gains by 0.93 percent, equivalent to 67.51 points, to reach the level of 7328.25 points.
Read More »AED 374.33 billion foreign currency balance in September
Abu Dhabi 24-10-2019 The UAE Central Bank’s foreign currency balance increased to AED 374.33 billion in September of this year, an increase of approximately AED 47 billion and a growth of 14.3% compared to AED 327.3 billion in the same month of 2018. The value of bank balances and deposits …
Read More »Total assets of the Central Bank rise to AED 427 billion in September
Abu Dhabi 24-10-2019 The total assets of the UAE Central Bank increased by 1% during the month of September 2019, rising to about AED 427 billion compared to AED 422.61 billion in August of the same year. According to data released today by the bank, the significant increase in total …
Read More »The Central Bank issues a draft regulatory framework for banks’ exposure to the real estate sector
Abu Dhabi 24-10-2019 The Central Bank of the United Arab Emirates has issued to the banks operating in the UAE a draft regulatory framework for banks’ exposure to the real estate sector for consultation. This framework has been prepared in line with the Central Bank’s ongoing efforts to develop its …
Read More »Mubadala to buy $ 50m shares in Next Decade
Abu Dhabi 24-10-2019 NASDAQ’s NEXT Deced Inc. and Mubadala Investment Company (Mubadala) announced that they have reached an agreement whereby Mubadala will buy $ 50 million of shares from NEXT DECIDE in a private placement. Next Deced ‘Ordinary Shares to swap at $ 6.27 per share. Mubadala’s investment will strengthen …
Read More »First Abu Dhabi Bank posts AED 9.4 billion profit in first 9 months of 2019
Abu Dhabi 24-10-2019 First Abu Dhabi Bank’s net profit for the first nine months of the year was AED 9.4 billion, up 4% compared to the same period last year, while the Group’s third quarter net profit was AED 3.1 billion, up 3% compared to the same period last year …
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