Cairo, Ramadan 19, 1444 AH, corresponding to April 10, 2023 AD The Egyptian Stock Exchange indices recorded collective gains at the close of trading today, as the market capitalization of shares of companies listed on the stock exchange gained about 6 billion pounds, to end trading at the level of …
Read More »The World Bank funds Senegal with $150 million to support the digital economy
Dakar, Ramadan 19, 1444 AH, corresponding to April 10, 2023 AD Senegal and the World Bank signed a financing agreement as part of the project to accelerate the development of the digital economy in the amount of $150 million. The project aims to expand access to modern communication technologies through …
Read More »UAE stocks are green amid quiet purchases in the first sessions of the week. “Ghada Holding” is at the maximum level.. and “Dewa” leads Dubai’s liquidity
UAE stocks closed in the green zone at the beginning of the week’s sessions, due to increases in limited rates for the leading stocks, so that the Abu Dhabi market index rose 0.4% at the level of 9499.2 points, while the Dubai market index marginally increased by 0.03% to the …
Read More »The spring meetings of the World Bank and the Monetary Fund will start tomorrow to discuss developments in the global economy
Washington, April 9: The Spring Meetings 2023 of the World Bank Group and the International Monetary Fund will kick off tomorrow in the American capital, Washington, and will continue until April 16 to discuss and discuss the latest global economic developments. Over the course of a week, policymakers, experts, leaders …
Read More »Banking and real estate stocks give indices a green week
UAE stocks overcame the state of fluctuation for 5 consecutive sessions, to end the first weeks of April in a circle of gains, supported mainly by banking and real estate stocks, despite the limited movements of most of these stocks between ups and downs. 3 major banks, accompanied by “Aldar” …
Read More »The Egyptian Stock Exchange gains 26.4 billion pounds in a week
Cairo, Ramadan 17, 1444 AH, corresponding to April 08, 2023 AD The Egyptian Stock Exchange recorded market gains amounting to 26.4 billion pounds during the trading week ended, to close the market capitalization of shares listed in the market at 1.075.5 trillion pounds, compared to 1.049.1 trillion pounds, a growth …
Read More »IATA: The improvement in air freight demand rates in February increased by 2.9%, higher than pre-pandemic levels.
The International Air Transport Association (IATA) revealed the latest air freight data in global markets for the month of February 2023, which showed an improvement in air freight demand rates that exceeded pre-pandemic levels. Global demand, measured in freight tonne kilometres, declined by 7.5% compared to February 2022. This was …
Read More »“FAO”: Food prices in March were 20.5% lower than the peak
The Food and Agriculture Organization of the United Nations (FAO) said, on Friday, in a statement, that “the international food commodity price index fell for the 12th consecutive month in March, driven by a decline in international prices of cereals and vegetable oils.” And the “FAO” stated that “the available …
Read More »The UAE is the 11th globally in terms of commodity exports, with a total of $599 billion, with a growth rate of 41% in 2022.
Thani Al-Zeyoudi: The forward-looking policies implemented by the government prove their strength in supporting the UAE’s position on the international trade map. The UAE contributes 2.4% of world exports. – 1.273 trillion dollars, the volume of the UAE’s commercial dealings of goods and services with the world, with a surplus …
Read More »Local stocks attract 1.4 billion dirhams of liquidity at the close of trading
Abu Dhabi, April 6 / The local stock markets attracted liquidity that exceeded 1.4 billion dirhams at the close of trading today, with its main focus on real estate, financial and banking sector stocks. Liquidity was distributed by 1.02 billion dirhams in the Abu Dhabi Securities Market and 380.9 million …
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