Finance & Business

The assets (assets) of the five banks increased from 872.89 billion dirhams at the end of last year 2022, to 882.25 billion dirhams at the end of the first quarter of this year, an increase equivalent to 9.36 billion dirhams, or 1.1%. Abu Dhabi Commercial Abu Dhabi Commercial Bank acquired …

Strong liquidity of 19.5 billion dirhams supported the rise in shares of 13 companies listed on the Abu Dhabi and Dubai financial markets, from the beginning of this year, until the last trading session before the Eid Al-Fitr holiday, at a time when the shares gained a total liquidity of …

Abu Dhabi, April 25 / The Department of Economic Development – Abu Dhabi, which leads the economic growth efforts in the emirate, and Wio Bank PJSC, the first integrated financial platform of its kind in the region, announced today their cooperation to bring about a quantum leap in the way …

Abu Dhabi, April 24 / Local stock markets consolidated their gains at the end of today’s session, and their market capitalization gained nearly 11.2 billion dirhams, with the resumption of trading after the end of the blessed Eid Al-Fitr holiday. The market capital of listed shares rose from 3.364 trillion …

Tokyo, April 24: Japanese stock indices rose, at the end of the day’s trading. The Nikkei index rose on the Tokyo Stock Exchange by 0.1 percent, equivalent to 29.15 points, to close at 28,593.52 points. The broader Topix index rose by 0.11 percent, equivalent to 2.28 points, to close at …

Beijing 03 Shawwal 1444 AH corresponding to April 23, 2023 China’s industrial capacity utilization rate reached 74.3 percent in the first quarter of 2023, down 1.5 percentage points from the same period of the previous year. Data from the National Statistics Authority of China – according to the Chinese agency …

The United Arab Emirates witnessed a strong economic performance in 2022, driven by an increase in oil production and an improvement in the non-oil sectors, as the non-oil GDP continued to recover last year, by about 4.7%, driven by strong growth in the construction and tourism sectors, according to the …

A sharp rise in growth stocks for blue chips and technology stocks has led markets to rebound this year, and earnings reports in the coming weeks may help investors determine whether those gains are justified. In a survey conducted by the Bank of America Global Research, fund managers said that …

Cairo, April 22 / Dr. Mohamed Moait, the Egyptian Minister of Finance, confirmed that the Egyptian government will implement a package of financial, monetary and structural measures to deal with concerns related to the high external financing needs of the Egyptian economy, which prompted the “Standard & Poor’s” institution to …

Moscow, April 22 / 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 14.00 Moscow time, the ruble exchange rate against the dollar rose by 13 kopecks to 81.49, while the exchange rate …