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Category: Business 5121

18.8% Increase in Muscat Stock Exchange Trading; Qatar Index Loses 29 Points
Business
  • 1 mins read

18.8% Increase in Muscat Stock Exchange Trading; Qatar Index Loses 29 Points

The Muscat Stock Exchange index closed at 5,009.92 points, up 0.11%, with trading value increasing by 18.8% to 39.9 million Omani rials. Meanwhile, the Qatar Stock Exchange index fell by 29.22 points to 11,293.42 points with trades worth 311 million Qatari rials.

Biography of Dr. Islam Azzam as Chairman of the Egyptian Exchange and Mohamed Sabry as His Deputy
Business
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Biography of Dr. Islam Azzam as Chairman of the Egyptian Exchange and Mohamed Sabry as His Deputy

Prime Minister Mostafa Madbouly appointed Dr. Islam Azzam as Chairman of the Egyptian Exchange for one year and Mohamed Sabry as his deputy. Dr. Azzam has held key roles in financial regulation and academia, while Sabry has extensive experience in capital market supervision and brokerage.

Turki bin Mohammed bin Fahd Participates in the Annual National Blood Donation Campaign
Business
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Turki bin Mohammed bin Fahd Participates in the Annual National Blood Donation Campaign

Prince Turki bin Mohammed bin Fahd participated in the annual national blood donation campaign launched by Crown Prince Mohammed bin Salman, emphasizing the leadership's commitment to citizens' and residents' health and promoting voluntary blood donation culture.

Egyptian Stock Exchange Prices on Monday 25-8-2025 - Youm7
Business
  • 1 mins read

Egyptian Stock Exchange Prices on Monday 25-8-2025 - Youm7

The Egyptian Exchange halted trading on 13 stocks for 10 minutes due to exceeding 5% price changes on Monday 25-8-2025, with mixed index performance and a 6 billion EGP drop in market capitalization.

Chairman of El-Mahalla Spinning Company to Youm7: New Factories Revive Egypt's Textile Industry with 1.6 Billion EGP Revenue and $20 Million Exports to 12 Countries
Business
  • 1 mins read

Chairman of El-Mahalla Spinning Company to Youm7: New Factories Revive Egypt's Textile Industry with 1.6 Billion EGP Revenue and $20 Million Exports to 12 Countries

Engineer Ahmed Badr, CEO of El-Mahalla Spinning and Weaving Company, announced that new factories produce 45 tons of premium yarn daily, generating 1.6 billion EGP in revenue and exporting $20 million to 12 countries with strong government support.

Trump's Billions to Intel: A Rescue for a Strategic American Asset
Business
  • 1 mins read

Trump's Billions to Intel: A Rescue for a Strategic American Asset

The US government invested $8.9 billion in Intel to support its market valuation and prevent a decline in its value, according to analysis by Ming-Chi Kuo of TF International Securities.

Ministry of Media Announces the Tenth Edition of 'Media Oasis'
Business
  • 1 mins read

Ministry of Media Announces the Tenth Edition of 'Media Oasis'

The Ministry of Media announces the tenth edition of 'Media Oasis' at King Abdulaziz Conference Center in Riyadh from August 31 to September 3, 2025, coinciding with the Global Symposium for Regulators (GSR25).

Ministry of Media Announces the 10th Edition of 'Media Oasis'
Business
  • 1 mins read

Ministry of Media Announces the 10th Edition of 'Media Oasis'

The Ministry of Media announces the 10th edition of 'Media Oasis' in partnership with the Communications, Space and Technology Authority from August 31 to September 3, 2025, at King Abdulaziz Conference Center in Riyadh, coinciding with the Global Symposium for Regulators.

Powell's Risk Aversion at Jackson Hole Wastes a Valuable Opportunity
Business
  • 1 mins read

Powell's Risk Aversion at Jackson Hole Wastes a Valuable Opportunity

Powell's Jackson Hole update included the idea of deliberately surpassing inflation but failed to address recent structural economic changes, missing a key opportunity to guide US monetary policy.

French Prime Minister Calls for Confidence Vote Amid Controversy Over Austerity Plans
Business
  • 1 mins read

French Prime Minister Calls for Confidence Vote Amid Controversy Over Austerity Plans

French Prime Minister François Bayrou calls parliament to a confidence vote on September 8 amid controversy over an austerity budget including a 43.8 billion euro spending cut to address the large deficit.

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