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The #RealEstateFutureForum is an exclusive gathering of industry leaders, poised to propel the real estate sector into new dimensions. Catch the livestream for groundbreaking discussions shaping the future of Saudi Arabia's real estate #RFF2024

The #RealEstateFutureForum is an exclusive gathering of industry leaders, poised to propel the real estate sector into new dimensions. Catch the livestream for groundbreaking discussions shaping the future of Saudi Arabia's real estate. #RFF2024

Saudi Tadawul Group Becomes Largest Shareholder in Dubai Mercantile Exchange with 32.6% Acquisition, Rebrands to Gulf Commodity Exchange Saudi Tadawul Group has completed its acquisition of a 32.6% stake in Dubai Mercantile Exchange (DME), making it the largest shareholder. The acquisition includes both new and existing shares. DME will be rebranded as the 'Gulf Commodity Exchange,' highlighting its prominence in the Middle East. This strategic move received all necessary regulatory approvals, including from the Dubai Financial Services Authority. The Gulf Commodity Exchange aims to enhance growth in the energy, metals, and agricultural markets, linking major production and consumption hubs and supporting the global transition to a sustainable economy through new derivative contracts. Khalid Alhussan https://smashi.tv/en

New Post: Saudi Arabia’s crown prince transfers another 8% of Aramco shares to sovereign wealth fund - https://lnkd.in/d2X2SwCW - Saudi Arabia’s crown prince has transferred another 8% of shares in the kingdom’s oil giant Saudi Aramco to the country’s prominent sovereign wealth fund - #news #business #world -------------------------------------------------- Download: Stupid Simple CMS - https://lnkd.in/g4y9XFgR -------------------------------------------------- or download at SourceForge - https://lnkd.in/gNqB7dnp

 India Outperforms Saudi Arabia and the UK in Gold Stores, Positions Ninth Universally| #GoldReserves #IndiaEconomicStability #WGCReport #GlobalGoldRankings #FinancialSecurity #DiversificationStrategy #EconomicImplications #GoldMarketTrends #MonetaryPolicy #COP28Discussion

Saudi Crude Price Hike Targets Asian Market In a strategic move, #SaudiAramco has increased the price of its main crude oil for Asia for the third consecutive month. The June official selling price for Arab Light crude is now US$2.90 above the Oman-Dubai benchmark. This decision aims to tighten the global oil market amid a potential surplus and reflects Saudi Arabia's dedication to market stability. For more information, visit our website. Link in bio. #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia #OilMarket #CrudeOil #EnergySector #OPEC #AsianMarket #EconomicStability #GlobalOil

Saudi Crown Prince Mohammed bin Salman declares Middle East will be the new Europe: “I do not want to die before I see the Middle East at the forefront of the world. And I think this goal will be achieved 100%.” Here is how he is doing it: ✅ Expand non-oil revenue; ✅ Maintain a strong financial system; ✅ Calibrate investment spending; ✅ Improve regulatory environment; ✅ Reform labor market and STEM education; ✅ Implement the Green Initiative. Under his leadership the Kingdom of Saudi Arabia is on track to surpass its Vision 2030 objectives, which signifies its growing prominence in the world economy. “The question isn't who is going to let me; it's who is going to stop me.” Ayn Rand. Reference: According to the IMF’s latest review of Saudi Arabia’s economy, non-oil growth will remain close to 5 percent in 2023, spurred by strong domestic demand. Improvements in regulation and the business environment helped drive diversification. https://lnkd.in/eaaVT52w #SaudiArabia aramco Public Investment Fund (PIF) International Monetary Fund

#asharqnews‬⁩ #asharqbusiness‬⁩ #markets‬⁩ #capitalmarket‬⁩ #stockstowatch‬⁩ #egypt‬⁩ #EGX‬⁩ ‎⁧#مؤشرات_الشرق‬⁩ ‎Earlier today 10:07 AM Cairo time ‎EGX opening live hit .. 24 March 2024 With dears Nour Amache & @Emad Almuqbil Expected increase in consumer prices after raising fuel prices in Egypt Shareholders of Talaat Moustafa Group approved a cash dividend of 0.22 EGP per share Orascom Financial Holding turned to profitability in 2023 with profits of 56.8 million EGP against losses of 72 million EGP in 2022 213% targeted growth of The Aluminium Company of Egypt _ EGYPTALUM's profits by the end of the current fiscal year 2023-2024 supported by EGP floatation Abu Dhabi Islamic Bank - Egypt’s AGM appointed Rania A. Al-Mashat as non executive board member of the Bank, the shareholders of bank also approved a paid-up capital increase of EGP 1 billion by distributing 0.2 free shares per share Board of Directors of Al Baraka Bank Egypt proposed an amendment not to distribute dividends to its shareholders for 2023

Gold in Times of Crisis #Gold has been the ultimate form of money for over 4,000 years. It has survived wars, conflicts, economic depressions and currency collapses, and continues to be relevant in our digital age of the twenty first century. In this moving video, see how gold played a pivotal role in the aftermath of the Vietnam War, how it became the money of choice for official and unofficial dealings, and how gold provided those lucky or shrewd enough to have it, a ticket to survival and a passage to freedom. BullionStar Singapore https://lnkd.in/gBXGj86R

Dubai Mercantile Exchange (DME) today reached the highest physical delivery volume since September 2018, with more than 24 million barrels to be delivered in January 2024. Open Interest on November 2023 reached 24,053 contracts compared to 23,228 contracts during the expiry process in October 2018.   A total of 20 billion barrels of Omani crude oil have traded on the exchange since inception in June 2007, while 3 billion barrels have been delivered via the DME’s physical delivery mechanism over the same period.   Raid Al-Salami, Managing Director, DME, said: “These records underline the increased appetite for customers to hedge, trade and get their crude oil delivered through DME due to its regulated and transparent trading platform and its state-of-the-art delivery mechanism.”   These milestones come after DME registered an increase in trading volumes and physical delivery in the first half of 2023, 15% and 18% consecutively, compared to the same period of 2022.   “We are committed to fostering a collaborative partnership with crude oil market participants to develop a healthy energy derivatives market in the region through ongoing dialogue and a shared commitment to excellence. We seek to build lasting relationships that drive mutual success, promote market integrity, and advance the evolution of the price discovery mechanism we provide, to enable participants to hedge their exposure in the dynamic and volatile crude oil market,” he added.   “Our consistent growth in volumes highlights the confidence of global players in the DME’s value proposition and the trust granted by major crude oil producers in the region, to price their crude exports to the East of Suez market.” #crudeoil #crudeoilprice #crudeoiltrading #benchmark #oman #opec #crude #energynews #energyindustry #energytrading #commodity #commodities #commoditymarkets #commoditiestrading #commodityprices #commoditytrader #economics #trading #hedging #middleeast #eastofsuez #markets #oil #future #marketanalysis #oilandgas #energysector