Economic Indicators

Cairo, Ramadan 17, 1444 AH, corresponding to April 08, 2023 AD The Egyptian Stock Exchange recorded market gains amounting to 26.4 billion pounds during the trading week ended, to close the market capitalization of shares listed in the market at 1.075.5 trillion pounds, compared to 1.049.1 trillion pounds, a growth …

The International Air Transport Association (IATA) revealed the latest air freight data in global markets for the month of February 2023, which showed an improvement in air freight demand rates that exceeded pre-pandemic levels. Global demand, measured in freight tonne kilometres, declined by 7.5% compared to February 2022. This was …

The Food and Agriculture Organization of the United Nations (FAO) said, on Friday, in a statement, that “the international food commodity price index fell for the 12th consecutive month in March, driven by a decline in international prices of cereals and vegetable oils.” And the “FAO” stated that “the available …

Thani Al-Zeyoudi: The forward-looking policies implemented by the government prove their strength in supporting the UAE’s position on the international trade map. The UAE contributes 2.4% of world exports. – 1.273 trillion dollars, the volume of the UAE’s commercial dealings of goods and services with the world, with a surplus …

Abu Dhabi, April 6 / The local stock markets attracted liquidity that exceeded 1.4 billion dirhams at the close of trading today, with its main focus on real estate, financial and banking sector stocks. Liquidity was distributed by 1.02 billion dirhams in the Abu Dhabi Securities Market and 380.9 million …

Abu Dhabi, April 6, The Central Bank of the United Arab Emirates introduces the new 1,000 dirham banknote, made of polymer material, for trading in the markets, and it will be available in banks and exchange shops, as of Monday, April 10, 2023. In designing this category, the Central Bank …

Abu Dhabi, April 5: The market capitalization of the local stock markets at the end of today’s session amounted to about 3.3 trillion dirhams. The market capital was distributed by 2.702 trillion dirhams for the shares listed on the Abu Dhabi Stock Exchange and 599.2 billion dirhams for the shares …

Emirates NBD announced the successful pricing of the $1 billion unsecured senior sustainable sukuk of Al Rajhi Bank, the world’s largest Islamic bank by assets and market value. The five-year Sukuk, which was priced at a repurchase yield of 4.774%, was very popular; It attracted orders exceeding $3.75 billion. The …

The General Administration of Abu Dhabi Customs recorded a growth in pre-arrival customs clearance procedures during the first quarter of 2023, as it reached 33% of the total customs clearance procedures transactions at the various customs outlets at the emirate level, compared to 23% in the same period in 2022. …

Cairo, April 4 / The total revenues of the Enppi Petroleum Company amounted to about 17.3 billion pounds during the year 2022, an increase from the year before last, by 53%, as the revenues were about 11.3 billion pounds. Engineer Tarek El-Molla, Egyptian Minister of Petroleum and Mineral Resources, stressed …