Finance & Business

The Ministry of Economy decided to extend the ban on exporting scrap iron and paper waste until September 19, 2023. In its Decision No. 89 of 2023, regarding the extension of Ministerial Resolution No. 50 of 2023, with regard to temporarily stopping the export of scrap iron and paper waste, …

On July 29, the Ministry of Economy announced the temporary suspension of exporting and re-exporting rice outside the country for a period of 4 months, starting today, Friday, July 28, 2023, according to Ministerial Resolution No. (120) of 2023. The decision included banning the export and re-export of rice originating …

July 28th Food Holding Company announced that it has agreed to complete an investment of 36.7 million dirhams in the “Anina Culinary Arts Limited” company, which is a project specializing in the art of cooking and one of the types of business that enters the Middle East for the first …

Concentrated liquidity led the gains of the shares of 4 companies in the UAE markets in the middle of Thursday’s session, namely: “Taleem Holding” and “Emirates NBD” in the Dubai market, and the “Ras Al Khaimah Real Estate” and “VirtGlobe” companies in Abu Dhabi, to acquire a combined liquidity of …

Nasdaq Dubai witnessed the listing of a $600 million sukuk by Dar Al Arkan Limited, as part of its $2.5 billion bond issuance programme, which is scheduled to expire in 2029. After the new listing, the total number of sukuk listed by the company on Nasdaq Dubai has reached four, …

The Embassy of the United Arab Emirates in the Philippine capital, Manila, called on the citizens present there to exercise caution and caution due to the bad weather and Typhoon Egay that hit the northern and central Philippines. And the country’s embassy published a post on the Twitter platform: “The …

Rolls-Royce shares jumped 19.52%, to their highest level since the start of the pandemic, on Wednesday, after the British aerospace and defense company raised its full-year earnings guidance and said it would significantly beat expectations for half-year results. The company’s shares have taken a hit over the past three years, …

Cairo, July 26 / The Central Bank of Egypt revealed the performance of the balance of payments during the period from July to March of the fiscal year 2022/2023, which showed a doubling of the surplus of the services balance, to record about $ 14.5 billion, due to the noticeable …

Ajman, July 26 / His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Executive Council, issued Emiri Decision No. (4) of 2023 AD, amending the organizational structure of the Department of Economic Development, and it shall be implemented from the date of signing …

The Central Bank of Turkey said, on Tuesday, that it had set the monthly ceiling for the growth of commercial loans in lira at 2.5%, down from 3%, with the exception of export, investment and agricultural loans, as a continuation of the steps taken in the process of simplifying its …