The price of the Egyptian pound stabilized against the US dollar, at the beginning of trading on Sunday, 27 November, at the Central Bank and private and government banks. According to the latest data of the Central Bank of Egypt, the price of the dollar stabilized at 24.50 pounds for …
Read More »What is a simultaneous offering, and how will “Americana” shares move between “Abu Dhabi” and “Tadawul”
The simultaneous offering is defined as the listing of a particular security in more than one financial market, and in the case of “Americana Restaurants” the listing of the group on the Abu Dhabi Securities Exchange and the Saudi Tadawul Americana Restaurants will continue to operate as a single business, …
Read More »5 companies have acquired 46% of the stock liquidity since the beginning of the year
The local financial markets have witnessed remarkable activity since the beginning of this year, amid a significant increase in the values and volumes of trades and executed deals, in an indication of their investment attractiveness, and the increase in demand from international investors, in light of the presence of many …
Read More »The pound is heading for a third week of gains
The British pound fell slightly on Friday, but it is still heading towards recording the third consecutive weekly increase against the US dollar. Analysts expect the sterling to remain fragile as central banks, including the Bank of England, continue to tighten monetary policy even though the recession is expected to …
Read More »European markets slip as retail stocks come under pressure
European shares fell on Friday as retail companies came under pressure from the start of the holiday shopping season amid fears of a sharp slowdown in the global economy and a sharp rise in inflation. Earlier this week.Europe’s retail index fell 0.6 percent on Friday, which falls on (Black Friday), …
Read More »Gold prices rise with the dollar’s decline
The price of gold rose on Tuesday as the dollar weakened, while investors’ focus turned to the minutes of the US Federal Reserve’s November meeting in search of guidance on future interest rate hikes. And gold rose in immediate transactions 0.4 percent to $ 1745.13 an ounce (an ounce) at …
Read More »“Americana Restaurants” raises the percentage of the individual segment in the UAE to 10%, reduces the shares available for qualified institutions to 80% of the total offering
Americana International Restaurants Company announced an increase in the number of shares available to individual investors in the UAE in its initial public offering from 5% to 10% of the total offering shares, to become similar to the percentage of individual investors in the Kingdom of Saudi Arabia. There is …
Read More »Gold is rising due to the decline in the dollar
Gold prices rose on Friday, due to the decline in the US dollar, but it is still heading towards incurring its first weekly loss in three weeks, affected by indications from officials of the Federal Reserve (the US central bank) that more interest rate hikes are on the way. By …
Read More »6 dollars gold gains in spot trading
November 11 Global gold prices rose during today’s trading, gaining more than $6 in spot trading. According to global market data, the prices of the yellow metal rose in spot transactions by 0.34%, or the equivalent of $6.04, to reach $1,761.62 per ounce, by 09:50 AM UAE time. Gold futures …
Read More »Gold rises 2% on hopes of slowing interest rate increases
Gold prices jumped more than 2% on Friday, with the dollar falling on data showing a rise in the unemployment rate in the United States in October and raising optimism that the Federal Reserve will be less hawkish in raising interest rates in the future. US employers hired more workers …
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