Abu Dhabi on December 23 / The local financial markets have witnessed remarkable activity since the beginning of this year, amid a significant increase in the values and volumes of trading and executed deals, in an indication of their investment attractiveness, and the increased demand on the part of international …
Read More »37.2 billion dirhams, financing the national banks for trade and industry within 9 months
Abu Dhabi on December 20 The volume of credit financing granted by national banks to the trade and industry sectors in the country increased by about 37.2 billion dirhams during the first nine months of this year, according to the latest statistics of the UAE Central Bank. The statistics showed …
Read More »China’s foreign trade grew by 8.6% over the past 11 months of 2022
Beijing on December 7 China’s foreign trade value reached 38.34 trillion yuan ($5.49 trillion) during the past 11 months of 2022, an increase of 8.6% year-on-year, according to the China General Administration of Customs today. The department noted that the country’s exports rose by 11.9% and imports grew by 4.6% …
Read More »Wheat falls to its lowest level in 3 months, amid export competition, $7.68 a bushel in Chicago Trade
Wheat in Chicago extended losses on Friday, hitting a three-month low after modest weekly US exports kept traders focused on competing with cheaper Black Sea supplies. Corn prices also fell while soybeans rebounded after selling in the previous session on disappointing levels of biofuels in the United States. The most …
Read More »What is a simultaneous offering, and how will “Americana” shares move between “Abu Dhabi” and “Tadawul”
The simultaneous offering is defined as the listing of a particular security in more than one financial market, and in the case of “Americana Restaurants” the listing of the group on the Abu Dhabi Securities Exchange and the Saudi Tadawul Americana Restaurants will continue to operate as a single business, …
Read More »5 companies have acquired 46% of the stock liquidity since the beginning of the year
The local financial markets have witnessed remarkable activity since the beginning of this year, amid a significant increase in the values and volumes of trades and executed deals, in an indication of their investment attractiveness, and the increase in demand from international investors, in light of the presence of many …
Read More »DB World handled 59.6 million containers in 9 months
DB World Ltd handled 59.6 million TEUs across its global portfolio of container terminals in the first nine months of 2022, with an overall container volume increase of 2% YoY and an increase of 2.5% YoY. Similar comparison. On the basis of the third quarter of 2022, DB World handled …
Read More »JPMorgan CEO: The global economy is heading towards a recession
JPMorgan Chase CEO Jamie Dimon has warned that a “very dangerous” mix of headwinds is likely to push both the US and the global economy into recession by the middle of next year. Dimon said the US economy is “still doing well” at the moment and consumers are likely to …
Read More »4 Gulf markets in the red region in the first sessions of the week The Kuwaiti market is on an official holiday
4 Gulf stock markets declined slightly, on Sunday, in the first session of the week, while the Kuwait Stock Exchange closed its business in front of investors on an official holiday; To celebrate the birthday of the Prophet. The Saudi index fell by 1.72% to 11,555 points, amid trading of …
Read More »The dollar rises as investors expect the position of the US Reserve to remain unchanged
The dollar recovered, on Wednesday, from recent losses, as investors considered that the Federal Reserve (the US central bank) is likely to stick to its stance of monetary tightening by raising interest rates and will not change it, while the euro and sterling fell by at least one percent. The …
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