Abu Dhabi – Mubasher: The subsidiaries of the Emirates Telecommunications Group signed e& A binding agreement with “Bispin Global”, a cloud computing management and solutions provider based in South Korea, to implement a joint venture under the name Bespin Global MEA I have e& institutions. The group said in a statement that the project focuses … Read more
Abu Dhabi – Mubasher: The Oil and Gas Holding Company announced its cooperation with AIQ, the artificial intelligence joint venture of the Abu Dhabi Oil Company (ADNOC) with G42, with the aim of employing artificial intelligence and digital solutions in search and exploration operations. Under this partnership, the Oil and Gas Holding Company will benefit … Read more
Abu Dhabi – Mubasher: The UAE Purchasing Managers’ Index (PMI) of S&P Global declined last November by 2.2 points, to 54.4 points, compared to 56.6 points in October.. The index remained above the 50.0 level that separates growth from contraction, but nevertheless hit its lowest level since the beginning of the year, according to a … Read more
Abu Dhabi – Mubasher: Emirates SkyCargo has announced the addition of the United Kingdom to Emirates Deliveries“Express international e-commerce shipping service. Thousands of individuals and small businesses in the UAE have been using Emirates Delivers services for online shopping from retail outlets in the United States since the launch of the service in 2019, according … Read more
Malik Salameh – Mubasher: The share of “Taleem Holding” rose during the start of its second trading today, Wednesday, on the Dubai Stock Exchange. And by 10:57 am Emirates time, the share of “Taleem Holding” rose by about 2 percent, to a price of 2.6 dirhams. The newly listed stock on the Dubai financial market … Read more
Malik Salameh – Mubasher: The share of “Taleem Holding” rose during the start of its second trading today, Wednesday, on the Dubai Stock Exchange. And by 10:57 am Emirates time, the share of “Taleem Holding” rose by about 2 percent, to a price of 2.6 dirhams. The newly listed stock on the Dubai financial market … Read more
Cairo – Mubasher: The extraordinary general assembly of Sidi Kerir Petrochemical Company approved increasing the issued and paid-up capital from EGP 1.26 billion to EGP 1.51 billion, an increase of EGP 252 million. The company said in a statement to the Egyptian Stock Exchange today, Wednesday, that the increase is distributed over 630 million shares, … Read more
Cairo – Mubasher: The Operations Committee of the Egyptian Stock Exchange decided to lift the suspension of dealing in the shares of Egyptians for Housing, Development and Construction and start trading on its shares as of the trading session on Thursday corresponding to November 24. The stock exchange said, in a statement issued today, Sunday, … Read more
Abu Dhabi – Mubasher: ADNOC Logistics and Services has completed its acquisition of Zakher Marine International, which owns and operates support vessels for offshore operations.. The acquisition will contribute to strengthening the presence of “ADNOC Logistics and Services” at the regional level, and creates new opportunities for expansion in the field of supporting marine operations, … Read more
Abu Dhabi – Mubasher: Dubai Islamic Insurance and Reinsurance Company “Aman”, listed on the Dubai Financial Market, disclosed the size and percentage of its accumulated losses and ways to address them. The company stated, in a statement to the Dubai Financial Market, today, Tuesday, that the amount of accumulated losses amounted to 134.5 million dirhams, … Read more