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Most of the stock markets in the Gulf closed slightly lower, Thursday, at the end of the week session, with the exception of the UAE financial markets, which continue to work, so that its last sessions will be on Friday, while the Qatar market rose, violating the trend, coinciding with …

Nine companies breached the quietness of the UAE shares trading in yesterday’s session, to close on gains enhanced with liquidity of 956 million dirhams, and ranged between 277 million and 17.4 million dirhams, constituting 53% of the total liquidity, which amounted to 1.82 billion dirhams. “International Holding” achieved trading of …

On Thursday morning, Sheikh Salem bin Abdul Rahman Al Qasimi, Head of the Ruler’s Office, witnessed the launch of the accompanying international exhibitions within the activities of the Sharjah Calligraphy Forum, at the Sharjah Art Museum. The head of His Highness the Ruler’s Office toured the three exhibitions: contemporary exhibitions, …

The increase in the total assets of banks in the UAE in a year exceeded about a quarter of a trillion dirhams, recording about 257 billion dirhams, to reach 3.49 trillion dirhams at the end of July 2022, compared to 3.23 trillion dirhams at the end of July 2021, while …

The dollar recovered, on Wednesday, from recent losses, as investors considered that the Federal Reserve (the US central bank) is likely to stick to its stance of monetary tightening by raising interest rates and will not change it, while the euro and sterling fell by at least one percent. The …

Participants in the third session of the Future Food Industries Forum said that the food industry in the UAE went through a record growth stage during the “Covid-19” crisis, while it benefited strongly from the lessons of the crisis by relying on local manufacturing and expanding the import map from …

European shares fell on Wednesday, snapping a three-session winning streak as investors’ expectations that central banks would ease their hyper-tight inflation policy cooled, and data showing a decline in business activity in the region fueled fears of an economic slowdown. After rising more than 5% in the previous three sessions, …

Cabinet Resolution No. 78 of 2022, related to the list of administrative penalties for acts committed in violation of Federal Law No. 32 of 2021 regarding commercial companies in the UAE, called on companies operating in the UAE not to dispose of shares in violation of the rules established in …

His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the State, may God protect him, attended the wedding of Sheikh Mubarak bin Khalifa bin Hamdan Al Nahyan, the daughter of Sheikh Khalifa bin Saif bin Mohammed Al Nahyan, which was held, on Wednesday, at the Musharraf Majlis in Abu …

Ford is ending its $500,000 Ford GT production line later this year, and will celebrate that with a special model that pays homage to its racing heritage. The Detroit-based automaker said the 2022 Ford model will be the last model of its third-generation car, which was revived in 2016, after …