Iraq Stock Exchange volumes decreased 67% in July.

Dubai, United Arab Emirates — Iraq’s struggle to form a government four months after the parliamentary elections has challenged Iraq’s stock market, where volumes decreased by 67% in July. According Tugba Tan Karakaya, analyst at research department of Rabee Securities: ” Eid Al Adha holidays with the current political deadlock, and protests in Iraq, it is no wonder we witness weak trading volumes, as investors wait to see the outcome of all this. It may take a few more weeks to see which direction Iraq is heading. Despite this bleak…

 372 total views

QNET Launches FinGreen Financial Literacy Programme to Empower Women and Youth in Emerging Economies

DUBAI, United Arab Emirates —QNET, global e-commerce-based direct selling company is proud to kick off FinGreen, its signature financial literacy programme aiming to develop healthy financial habits through education and training in the most vulnerable communities, especially among young adults to empower women and youth in emerging economies. QNET is rolling out the pilot for FinGreen in two countries, Turkey and Nigeria, initially, with plans for expansion into Middle East market in its next phase. Developing financial knowledge, skills, and habits are important steppingstones in young people’s path to independence…

 404 total views

Exceptional Family Half-Board Package at Danat Jebel Dhanna Resort

دانات جبل الظنة يقدم لضيوفه باقة إقامة عائلية مميزة احتفاءً بفصل الصيف

Abu Dhabi, United Arab Emirates (15 August 2022): Summer is not over yet! Take your family to a much-needed quality time and an ultimate summer staycation with the delightful Family Half-board package at the best-kept paradise in the region, Danat Jebel Dhanna Resort. Fancy getting away with the whole gang from all the city stress and worries? With rates starting only from AED 449 per night, the five-star property allows you to enjoy an overnight stay in a deluxe room perfected with breathtaking views of the pristine beach of the…

 473 total views

LM Exchange significantly improved its efficiency and regulatory compliance by adopting artificial intelligence-aided technology

Dubai, United Arab Emirates — LM Exchange, one of the leading money transfer and currency exchange companies in the UAE, has partnered up with Effiya Technologies. With the help of Effiya’s dynamic risk assessment platform, robust sanctions screening and transaction monitoring solution, LM Exchange will now be able to perform more accurate matches for effective investigation and strategic decision making. It has further enhanced efficiency by integration through web technologies and end to end process automation Mr. Jacob Varghese, Vice president LM Exchange said: “At LM Exchange, we follow a…

 217 total views,  2 views today

Dubai Electricity and Water Authority PJSC announces AED 12.08 billion revenue and 3.30 billion net profit in the first half of 2022

Dubai, United Arab Emirates — Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), today reported its second quarter 2022 financial results, recording quarterly revenue of AED 7.01 bn and net profit of AED 2.61 bn. For the first half of 2022, DEWA’s revenue is AED 12.08 bn and net profit is AED 3.30 bn. DEWA’s first half revenue increase of 15% to AED 12.08 bn was mainly driven by…

 158 total views,  1 views today