Economic Indicators

Nasdaq Dubai witnessed the listing of a $600 million sukuk by Dar Al Arkan Limited, as part of its $2.5 billion bond issuance programme, which is scheduled to expire in 2029. After the new listing, the total number of sukuk listed by the company on Nasdaq Dubai has reached four, …

The Embassy of the United Arab Emirates in the Philippine capital, Manila, called on the citizens present there to exercise caution and caution due to the bad weather and Typhoon Egay that hit the northern and central Philippines. And the country’s embassy published a post on the Twitter platform: “The …

Rolls-Royce shares jumped 19.52%, to their highest level since the start of the pandemic, on Wednesday, after the British aerospace and defense company raised its full-year earnings guidance and said it would significantly beat expectations for half-year results. The company’s shares have taken a hit over the past three years, …

Cairo, July 26 / The Central Bank of Egypt revealed the performance of the balance of payments during the period from July to March of the fiscal year 2022/2023, which showed a doubling of the surplus of the services balance, to record about $ 14.5 billion, due to the noticeable …

Ajman, July 26 / His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Executive Council, issued Emiri Decision No. (4) of 2023 AD, amending the organizational structure of the Department of Economic Development, and it shall be implemented from the date of signing …

The Central Bank of Turkey said, on Tuesday, that it had set the monthly ceiling for the growth of commercial loans in lira at 2.5%, down from 3%, with the exception of export, investment and agricultural loans, as a continuation of the steps taken in the process of simplifying its …

Abu Dhabi, July 25 / The Multipleplay Group, the investment holding company based in Abu Dhabi, announced that it recorded during the second quarter of 2023 a net profit of 400 million dirhams, compared to 127.31 million dirhams in the same period last year. The group said that its subsidiaries …

Beijing, July 25 / China announced that it has identified several key sectors that will be focused on to stimulate private investment, in the context of the state’s efforts to promote the growth of the private sector in the country. The Chinese National Development and Reform Commission said it will …

Oil prices rose by more than a dollar per barrel at the end of the week’s trading, supported by increasing evidence of supply shortages in the coming months, and the intensification of the conflict between Russia and Ukraine, which would lead to a continued decline in supplies. Brent crude futures …

Engineer Suhail Al Mazrouei, Minister of Energy and Infrastructure, said: The current measures taken by the “OPEC +” alliance to support the oil market are sufficient at the present time, adding that the alliance “only needs a phone call” if any other steps are needed. “What we are doing is …