Finance & Business

Sharjah, May 23 / The Department of Economic Development in Sharjah has reorganized practicing the activity of trading used auto parts in the emirate due to the importance of this activity, by amending the geographical scope of the areas allowed to practice this activity, as the department identified the areas …

On Tuesday, the International Monetary Fund revised its forecasts for the British economy, indicating that it “expects growth of 0.4% this year, a month after it expected a contraction.” The fund added that it “expects the British economy to avoid recession in light of the steadfast demand and decline in …

Abu Dhabi, May 23 / The total volume of non-oil foreign trade between the UAE and Malaysia during the 10 years amounted to 160.2 billion dirhams. Imports accounted for 76% of the total trade exchange between the two sides, with a value of 121.6 billion dirhams, and exports by 16.5%, …

ABU DHABI, May 22 / During the year 2022, the Abu Dhabi Fund for Development continued its leading role globally in promoting the UAE’s vision and goals in building the economies of developing countries, supporting the national economy and enhancing its global competitiveness. The fund’s total financing, investments and bank …

Cairo, May 21: The Emirates Council for Investors Abroad signed a memorandum of understanding with the Egyptian-Emirati Business Council to launch new paths that support the development and support of existing investment partnerships, in addition to offering more investment opportunities in the sectors of the new economy, green projects, recycling, …

Capitals on May 22 / Gold prices fell during today’s trading, and lost about two dollars in spot transactions. And by 11:03 am Emirates time, the yellow metal fell by 0.09 percent, or the equivalent of two dollars, to reach $ 1976.01 an ounce. Gold contracts for June 2023 delivery …

National banks increased their investments in bonds held to maturity within a year, by 111.7 billion dirhams, to reach 223.9 billion dirhams at the end of February 2023, compared to 112.2 billion dirhams at the end of February 2022. According to the analysis of the “Gulf” on the data of …

Cairo 01 Dhu al-Qi`dah 1444 AH corresponding to May 21, 2023 AD The Egyptian Stock Exchange indices recorded a collective rise at the close of trading today, as the market capitalization of the shares of listed companies gained about EGP 2 billion, reaching the level of EGP 1.094 trillion, amid …

Doha, Dhu al-Qi`dah 01, 1444 AH, corresponding to May 21, 2023 AD The general index of the Qatar Stock Exchange closed its trading today, up by 7.51 points, or by 0.07%, to reach the level of 10,651.45 points. During today’s session, 437 million and 677 thousand and 636 shares were …

Moscow, May 20 / The exchange rate of the Russian currency (the ruble) rose against the US dollar and the European euro in the Moscow Stock Exchange trading today. . By 13:30 Moscow time, the ruble exchange rate against the dollar rose by 13 kopecks to 79.91, and the exchange …