Mubasher: Boursa Kuwait closed Wednesday’s trading in the red territory as the All-Share and Premier market indices went down by 0.22% and 0.15%, respectively, and the Main and the BK 50 indices dropped by 0.42% and 0.6%, respectively. Meanwhile, …
Mubasher: GFH Financial Group announced the market making transactions conducted by its market maker, Securities and Investment Company (SICO), during May 2020 in Bahrain Bourse and the Dubai Financial Market (DFM). In Bahrain Bourse, the company …
Riyadh – Mubasher: A recent report by KPMG is expecting merger and acquisition (M&A) deals in Saudi Arabia and other Arabian Gulf countries to increase amid the coronavirus disease (COVID-19) pandemic. With many small and medium-sized enterprises …
By: Mohamed Farouk Mubasher: The Kuwaiti indices extended their gains at Tuesday’s close for the second day in a row as the All-Share and the Premier markets settled higher by 0.38% and 0.43%, respectively, whilst the Main and the BK 50 indices …
Mubasher: Boursa Kuwait closed Monday’s trading in the green zone, with the All-Share and Premier markets levelling up by 0.22% and 0.26%, respectively, and the BK 50 and Main indices inching up 0.02% and 0.11%, respectively. Meanwhile, traded …
By: Mohamed Farouk Mubasher: The Kuwaiti indices closed May 2020 on a mixed note amid thin traded when compared to April as the official business days were reduced to 18 due to Eid Al Fitr holiday. Month-on-month (MoM), the Premier Market …
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) announced the listing and trading units of “AlBilad Gold ETF” as an exchange-traded fund (ETF). on Tuesday 2 June 2020. The units if the fund will be traded under the symbol 9405. The Saudi …
Mubasher: Boursa Kuwait showed a negative performance at the end of Sunday’s trading session as the All-Share and the Premier markets sank by 0.46% and 0.57%, respectively, and the Main and the BK 50 indices fell by 0.17% and 0.26%, respectively. …
UAE - Mubasher: The UAE has produced 2.40 million crude oil barrels per day (bpd) in May, a source told Reuters. The UAE's oil production in May came in line with OPEC+ agreement to cut oil supply by 9.7 million bpd as of 1 May, due to a decrease …
Mubasher: The indices of Boursa Kuwait closed Thursday’s trading on a varied note amid low liquidity. The Main Market, All-Share Market, and BK 50 indices fell by 0.22%, 0.03%, and 0.25%, respectively, while the Premier Market index grew by …
Mubasher: The indices of Boursa Kuwait closed Wednesday’s trading on a positive note following the three-day Eid Al Fitr holiday. The Premier Market and All-Share Market indices jumped by 2.97% and 2.17%, respectively, while the Main and the BK 50 …
By: Amal A. Wahaab Mubasher: This year's Forbes Global 2000 list saw the inclusion of 40 companies from the Arab world in the magazine's ranking of the world's top 2,000 companies, based on assets, profits, revenues, and market value. Oil giant …
Cairo - Mubasher: The Egyptian Ministry of Petroleum and Mineral Resources is considering the implementation of 11 new petrochemical projects at a total value of around EGP 19 billion, Minister of Petroleum and Mineral Resources Tarek El-Mulla …
Cairo - Mubasher: More than 70 hotels in Egypt last week have received the health safety certificate, which is necessary for resuming their operations, according to Egypt’s tourism and antiquities minister. Receiving the certificate came after …
Cairo - Mubasher: Egypt's daily production capacity of natural gas reached an average of 7.2 billion cubic feet (bcf), Reuters reported citing a recent statement by the Egyptian cabinet. In September, Egypt's production of natural gas increased to …
By: Mohamed Farouk Mubasher: Boursa Kuwait’s indices posted a positive performance in the week ended on Thursday, 21 May, amid high trade when compared to the last week. The Premier Market Index rose by 5.4% or 271.48 points to reach 5,295.99 …
Mubasher: The indices of Boursa Kuwait closed Thursday’s trading in the green territory after the All-Share and the Premier markets had risen by 0.38% and 0.36%, respectively, and the Main and the BK 50 indices had grown by 0.43% and 0.3%, …
Mubasher: Kuwait’s Capital Markets Authority (CMA) will close on Sunday, 24 May, until Tuesday, 26 May, in celebration of Eid Al-Fitr holiday. Necessary working duties related to trading activity in Boursa Kuwait during the full curfew period will …
Mubasher: The GCC region is set for a big leap in the use of financial technology applications amid the coronavirus (COVID-19) outbreak with the Middle East and Africa (MEA) region witnessing a 70% growth in the use of contactless payments, …
Mubasher: Three main indices of Boursa Kuwait have continued their positive trajectory at Wednesday’s close for the fourth consecutive session except for the Premier Market Index which solely slid by 0.2%. The All-Share, Main, and BK 50 indices …
By: Mohamed Farouk Mubasher: The Kuwaiti indices posted a collective rise at Tuesday’s close for the third time in a row. The All-Share and Premier markets closed up by 1.43% and 1.75%, respectively, whilst the Main and BK 50 indices grew by 0.61% …
Mubasher: Boursa Kuwait will close on Sunday, 24 May, until Tuesday, 26 May, on the occasion of Eid Al-Fitr holiday. Trading will be resumed on Wednesday, 27 May, according to an official announcement on the Boursa Kuwait website on Tuesday. The …
Mubasher: Kuwait’s Ministry of Commerce and Industry announced that the total number of shopping appointment bookings in cooperative stores, parallel markets, and family supplies branches registered 74,408 last Monday where 42,210 shoppers …
Mubasher: Boursa Kuwait’s indices rose at Monday’s close for the second consecutive session, with the All-Share and the Premier markets increasing by 0.8% and 0.96%, respectively, and the Main and BK 50 indices levelling up by 0.41% and 0.62%, …
Mubasher: Boursa Kuwait closed Sunday’s trading on a collective rise after the All-Share and the Premier markets settled higher by 1.87% and 2.44%, respectively, and the Main and the BK 50 indices edged up by 0.45% and 0.68%, respectively. The …
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