Finance & Business

The Abu Dhabi Stock Exchange witnessed, on Monday, the execution of a large deal on the shares of “Al-Alamiya Holding” at a value of 269.9 million dirhams, which was executed on 683.3 thousand shares, at a value of 395 dirhams per share. Likewise, the market witnessed the execution of a …

Dubai, May 15 / The Dubai International Financial Center, the international financial center, continues to attract many prestigious international companies, as companies such as “Apple”, “Aramco”, “Baker McKenzie”, “JLL” and “Stryker” along with Several other companies have established a regional presence out of the Dubai International Financial Centre. These additions …

Cairo, May 14/ The Egyptian Stock Exchange indices recorded collective gains today at the close of trading, supported by purchases by Arab and foreign institutions and investment funds, while the transactions of local institutions tended towards selling. The market capitalization of the shares of companies listed on the stock exchange …

Today, Sunday, the Financial Regulatory Authority announces the details of the first fund to invest in minerals in Egypt. This came after the Financial Supervisory Authority issued several regulatory decisions that included controls for dealing with investment funds in minerals as one of the transferred financial values, and controls for …

The volume of non-oil trade between the UAE and the Gulf States exceeded 281 billion dirhams during 2022, with a growth of 14% compared to 2021, and by 23% compared to 2019. Abdullah bin Touq Al-Marri, Minister of Economy, met Jassim Muhammad Al-Budaiwi, Secretary-General of the Cooperation Council for the …

The Gulf Navigation Holding Group achieved a net profit of 13.5 million dirhams in the first quarter of 2023, compared to its profits of 1.8 million dirhams for the same period last year 2022. Operating revenues increased by 11% by the end of the first three months of 2023, amounting …

The number of ships handled by DP World – DB World in Dubai during 2022 increased by an average rate of 15% to reach 22,000 ships, compared to the year before 2021, in which it dealt with 19,123 ships, according to recent data issued by the group. The number of …

Dubai, represented by the Dubai Multi Commodities Center, plans to soon establish centers for the re-export of drinking water, nuts and cocoa. Work is underway to establish a new regional center specialized in all services related to the treatment, bottling and re-export of drinking water, with the aim of increasing …

Abu Dhabi, May 12 / ADNOC Distribution today announced its financial results for the first quarter of 2023, achieving a strong performance and an increase in net profit, excluding inventory changes, by 5.5% on an annual basis and by 19.4% on a quarterly basis, to reach 551 million dirhams paid. …

Abu Dhabi, May 12 / The financial markets in the country announced the extension of the date for submitting the reviewed interim financial statements for the listed insurance companies for the first quarter of this year for a month until June 15, in order to give them the appropriate opportunity …