Baghdad, Iraq — In January 2023, Rabee Securities Iraq Stock Exchange Index increased by 5.0% due to the increase in share prices of all companies in the index except Baghdad Soft Drinks (-6.7%), which has the largest weight in the index. Al-Mansour Pharmaceutical Industries had the highest increase among the index companies with +41.8%, followed by National Bank of Iraq +19.1%. The index decreased by 5.0% in USD terms, because of the depreciation of the Iraqi Dinar (IQD) against the USD. The total trading volume of the ISX increased significantly…
Tag: trading
Celularity and CH Trading Group Announce Product Distribution Agreement with Tamer Group to be the Exclusive Distributor for the Kingdom of Saudi Arabia
FLORHAM PARK, N.J. & RIYADH, Saudi Arabia — Celularity Inc. (Nasdaq: CELU) (“Celularity”), a U.S.-based biotechnology company developing placental-derived allogenic cell therapies and biomaterial products, and CH Trading Group LLC (“CH Trading Group”), an international import, export and trading company, today announced that they have entered into an exclusive distribution agreement with the Tamer Group (“Tamer”). The Tamer Group, a leading Middle East healthcare distribution company, will be the exclusive distributor for Celularity’s branded regenerative biomaterial products in Saudi Arabia. “Celularity’s Halal-Certified regenerative biomaterial products enable Tamer to realize our…
Industry Sector Boasts Highest Trading Volumes in Iraq Stock Exchange in November 2022
Dubai, United Arab, Emirates — Following months of political turmoil within the country, and a much-welcomed recent shift towards stability, the Iraq Stock Exchange (ISX) saw a slight dip in the market in November. During the month of November, Rabee Securities Iraq Stock Exchange Index (RSISX Index), largely accepted as a benchmark index in the market, decreased by 4.3% in USD terms, both because the depreciation of Iraqi Dinar by 2.0% against the USD and the decline in share prices of Baghdad Soft Drinks -5.3% and Asiacell -4.5% which were…
amana launches its all-in-one trading app with access to regional & global markets
First platform to offer commission-free trading of local and regional stocks New amana app offers key features such as fractional trading and personalized news New amana app requires no minimum balance and ensures fair and transparent trading for all Dubai, 26 September 2022: amana, the leading neo-broker in the MENA region, has launched its end-to-end digital trading app designed to democratize investing whilst offering easy access to thousands of investment assets across the globe. The launch aligns with amana’s mission to give every individual the “right” and opportunity to participate…
Liwa Trading Enterprises to open their flagship brands at Silicon Central
OVS, La Senza and Simply Kitchen confirmed to open doors at Dubai’s new lifestyle destination Dubai, UAE: The shopping mall and management division of Lulu Group International, Line Investments & Property welcomes OVS, La Senza and Simply Kitchen from Liwa Trading Enterprises brand portfolio to Silicon Central, Dubai’s new lifestyle destination. Silicon Central will see OVS, Italy’s leading apparel fashion brand for men, women and children and USA fashion retailer, La Senza opening in November bringing the latest trends in lingerie and sleepwear catering to the modern-day woman. Simply Kitchen…
SmartCrowd Launches Region’s First Secondary Market for Trading Property Shares
The real estate platform has launched the region’s first secondary market, creating liquidity in an asset class that is otherwise considered to be illiquid Dubai, United Arab Emirates SmartCrowd, a UAE-based digital real estate crowdfunding platform, has introduced the MENA region’s first-ever secondary sales market, allowing investors to buy and sell their property shares securely. A much-anticipated addition to the SmartCrowd platform, the aim of the secondary market is to provide more liquidity to investors who wish to exit property investments early, as well as give investors the chance to…
Zayed University Students Prevail in the ADNOC-Bloomberg UAE Trading Challenge 2022
Abu Dhabi – August 08, 2022 Students from Zayed University (ZU) from the College of Business (CoB) have recently prevailed in two trading competitions: ADNOC-Bloomberg UAE Trading Challenge 2022 and the HSBC-Rotman Environmental Social and Governance (ESG) Trading Initiative, 2022. The finance students from CoB, ZU have recently achieved the 3rd place in the ADNOC-Bloomberg UAE Trading Challenge 2022. The final qualifiers for the challenge witnessed exciting competitions between students from Khalifa University, UAE University, Zayed University and Abu Dhabi University. This initiative comes within the framework of efforts to…
Husqvarna Construction signs agreement with Oriental Trading Company
Dubai, United Arab Emirates, July 13, 2022 – Husqvarna Construction, part of Husqvarna Group, that offers extensive, innovative and powerful range of machinery and tools for the construction industry professionals, has announced its partnership with Doha-based Oriental Trading to act as an exclusive authorized distributor in the region for its surface preparation products such as advanced shot-blasting, scraping, shaving and scarifying solutions. Oriental Trading Company, the industry leading giant, established in 1957 has partnered with the group in the past to be their official distributor for light compaction product range,…
Introduces the Advanced Mediterranean Pro-Ageing Solutions to the Middle East
Misula Cosmetics, fusing the UNESCO-recognized Mediterranean diet and lifestyle, with decades of scientific and technological research, brings a Mediterranean oasis to the Middle East via its Italian luxury dermocosmetics Dubai, United Arab Emirates Plutas Trading DMCC, the exclusive partner in the UAE and the Middle East of global luxury wellness, beauty and fragrance brands, is poised to change mindsets in coping and managing one’s ageing process from anti-ageing to pro-ageing by introducing FRAME®, the first complete range of pro-ageing products and services targeting skin health, wellbeing, and longevity. Through its…