Recent Posts

Stocks retreat as bonds gain amid global growth concerns

BLOOMBERG Stocks fell around the world, while the yen and government bonds rallied, as heightened concern that global growth is faltering drove investors into haven assets. U.S. stocks sank a second day, as Allergan Plc plunged on concern that a clampdown on inversions may derail a merger with Pfizer Inc. Japan’s yen jumped to a 17-month high versus the U.S. ...

Read More »

Emirates Securities Market down by -1.11 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -1.11% to close at 4457.31 points. Accordingly the Market Capitalization has lost AED 8.1 billion attaining AED 723.03 billion. A total of 0.73 Billion Shares were traded with a total value of AED 0.79 billion during the trading session of 05-04-2016 through 8562 transactions. The number of companies which ...

Read More »

Cairo sets new housing timeline

Bloomberg Egypt’s government has set a new timeline for the completion of public and middle-income housing units, according to a cabinet statement. The statement went on to say the government has committed to delivering about 300,000 units by the end of 2016. Cairo also plans to deliver about 750,000 housing units by the end of 2018, in addition to the ...

Read More »
Send this to a friend