Emirates NBD’s profit rose 92% to 17.5 billion dirhams
Emirates NBD’s profit increased by 92% to 17.5 billion dirhams in the first nine months of this year, as a result of significant growth in loans, the stability of the…
Oil prices fall… Brent crude oil is below $90
During trading today, Thursday, October 26 (2023), oil prices fell after a rise in US crude oil inventories and a rise in the dollar index. Middle East. The weekly report…
Two-thirds of technology leaders in the UAE: Artificial intelligence contributes to increasing business profitability
KPMG Technology in the UAE titled “Driving the Course of the Digital Future 2023” confirmed that 89% of technology leaders in the country are confident that current technology is contributing…
Emirates News Agency – UAE banks reach 11 trillion dirhams in 8 months
Wednesday, October 25, 2023 – 10:25 AM ABU DHABI, 25th October / WAM / The value of money transfers in the country’s banking sector through the Emirates Financial Transfer System…
The market capitalization of Dubai-listed stocks rises to Dh633 billion
The Dubai Financial Market Index rose 0.31% to close at 3741.51 points at the end of yesterday’s trading hours, as the market capitalization of listed stocks increased from 631.965 billion…
Emirates News Agency – Local stocks gained Dh1.24 billion at the close of trade
Tuesday, October 24, 2023 – 4:52 pm ABU DHABI, 24th October / WAM / Local stock markets attracted liquidity of about 1.27 billion dirhams at the end of today’s trading,…
Emirates News Agency – Investcorp Capital announces its intention to list its shares on the Abu Dhabi Securities Exchange
Tuesday, October 24, 2023 – 11:18 AM ABU DHABI, October 24 / WAM / Investcorp Capital PLC, specializing in capital services and capital financing in the alternative investment sector, today…
Nasdaq snaps 4-day losing streak as bond yields fall
Nasdaq snaps 4-day losing streak…and bond yields plummet from 5% On Monday, the Nasdaq index rose for the first time in 5 days, coinciding with a drop in Treasury yields,…
According to Reuters, most Gulf stock markets fell on fears of conflict in the Middle East.
© Reuters. Traders at the Bahrain Stock Exchange in Manama, in a Reuters archive photo. (Reuters) – Most stock markets in the Gulf region ended lower on Monday, extending their…
Octave opens its headquarters in the Dubai International Financial Center
Normal October 22, 2023 17:23 PM During the opening ceremony Dubai: “The Gulf”Octave Asset Management (OAM), one of the leading companies specializing in the investment advisory sector, has announced the…
