Finance & Business

Abu Dhabi, March 1: Global stock indices varied during February trading, amid investors around the world anticipating the course of interest rates during the current year. According to the monitoring of the Emirates News Agency, WAM, US stock indices declined on the American Wall Street Stock Exchange, with the growing …

Real estate market sales in Dubai jumped significantly during the period from the beginning of January to the end of February of 2023, by 65.7%, to 54.74 billion dirhams, compared to 33 billion dirhams during the same period in 2022, according to data on the website of « Department of …

Shares of the “ADNOC Gas” company were sold in the first hour of the start of the public subscription period, worth two billion dollars, on Thursday, a source close to the company told AFP. “Investors bought all the offered shares within an hour,” said the source, who asked not to …

ABU DHABI, February 23 / Arab stock exchanges consolidated their gains during the past week, and their market capitalization gained about $54.338 billion, according to the Arab Monetary Fund. The fund stated, in the weekly bulletin of Arab financial markets that monitors 13 Arab stock exchanges, that the market value …

Dubai, February 17 / Real estate transactions in the Dubai Land Department during the current week amounted to more than 10.4 billion dirhams, as the department witnessed the registration of 2087 pledges of allegiance, at a value of 6.05 billion dirhams, including 221 pledges of allegiance to lands, at a …

Moscow, February 14: The exchange rate of the US dollar rose against the Russian ruble in the Moscow Stock Exchange trading today. By 15:20 Moscow time, according to Moscow Stock Exchange data, the exchange rate of the US dollar rose by 84 kopecks, to 63.73 rubles, and the exchange rate …

Islamic: 618.1 billion dirhams for “Islamic banks”, the highest in its history 402.8 billion dirhams of bank credit, an increase of 5.3% 435.5 billion dirhams in deposits, an increase of 2.1% 104.2 billion dirhams of investments, up 23% It acquires 83% of the assets of the banking system 1.485 trillion …

Singapore announced, on Monday, that it “will maintain its forecast for economic growth for the year 2023, despite the slowdown recorded last year, which was encouraged by China’s rapid reopening of its economy after years of its commitment to the strict zero Covid policy.” Singapore’s economic performance is often seen …

UAE stocks interacted positively with the continued emergence of strong financial results for listed companies, and rewarding cash dividends, to consolidate their gains for the second week in a row, due to a series of rises that extended for eight sessions. The Abu Dhabi market index closed at a weekly …

The British economy avoided entering a recession after the growth rate remained zero in the last three months of 2022, but Jeremy Hunt, Minister of Finance, warned, on Friday, that the Kingdom “has not yet overcome the difficulties” against the backdrop of high inflation rates. Gross domestic product grew by …