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Photo Credit: Emirates News Agency (WAM)
UAE launches Falcon's Eye satellite to celebrate National Day

UAE – Mubasher: The UAE has launched its fourth reconnaissance satellite, Falcon's Eye, from the French Guiana Space Centre, in South America, on Wednesday to mark its 49th National Day. The 1,190-kilogram Falcon Eye 2 satellite, built by Airbus …
King Abdulaziz International Airport in Jeddah secured the fourth spot
Three Saudi airports ranked as safest among Mideast, Africa airports
Filipino expats’ remittances from the GCC region fell by 13.91% YoY in 9M.
Filipino labour in GCC records $3.7bn remittances in 9M
CEO of Aldar Properties, Talal Al Dhiyebi.
Aldar currently manages gov't projects worth AED 5bn - Interview
The transaction is expected to close in the third quarter of 2021.
Legal Advisors, Baker McKenzie advise on gig’s acquisition of AXA's Mideast business for $474.8m
Biden not to immediately cancel Phase 1 deal with China
UAE Arab Global Commodities
DFMGI ADI
DFMGI
2,419.60 0.82% 19.62
Volume 307,312,504 Turnover 594,720,471 No. of Trades: 5,137
16 Down 4 Flat 13 Up
No. of Traded Stocks : 33
Last Update: 30 November 02:00 PM
ADI
4,964.93 -0.42% -20.94
Volume 245,857,025 Turnover 1,279,091,610 No. of Trades: 6,156
11 Down 5 Flat 11 Up
No. of Traded Stocks : 27
Last Update: 30 November 02:00 PM
Latest News
Photo Credit: Emirates News Agency (WAM)
UAE launches Falcon's Eye satellite to celebrate National Day
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King Abdulaziz International Airport in Jeddah secured the fourth spot
Three Saudi airports ranked as safest among Mideast, Africa airports Ratings
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Filipino expats’ remittances from the GCC region fell by 13.91% YoY in 9M.
Filipino labour in GCC records $3.7bn remittances in 9M Banking and Finance
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The transaction is expected to close in the third quarter of 2021.
Legal Advisors, Baker McKenzie advise on gig’s acquisition of AXA's Mideast business for $474.8m Companies Investments
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CEO of Aldar Properties, Talal Al Dhiyebi.
Aldar currently manages gov't projects worth AED 5bn - Interview Macroeconomics
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Biden not to immediately cancel Phase 1 deal with China Global Reports
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Pfizer-BioNTech COVID-19 vaccine authorised for use next week in UK Global Reports
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Death toll from the novel disease increased by four in the past 24 hours.
UAE reports 1,289 new coronavirus cases on Tuesday
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The decision was made following a two-month period of discussions
Arabtec Holding's shareholders vote for liquidation General Assembly
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Ahmed Bin Sulayem, EC and CEO of DMCC & Yoram Dvash, President of the IDE and WFDB - 2
Dubai’s DMCC opens representative office in Tel Aviv Macroeconomics
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Mubasher Exclusive
CEO of Aldar Properties, Talal Al Dhiyebi.
Aldar currently manages gov't projects worth AED 5bn - Interview Macroeconomics
Zedny was founded in 2018
Online platforms for professional development - Interview with Zedny Global Economy
The webinar discussed the Road to Digital Transformation and Innovation
Industry leaders discuss the future of digital transformation Macroeconomics
The price of 21-karat gold registered EGP 825 per gram
Egypt's gold prices drop on lower global prices Macroeconomics
Saudi Stock Exchange (Tadawul)
Your guide to the new Saudi derivatives market - Infographic Derivatives
The derivatives market will be launched on Sunday, 30 August
Investors awaiting launch of Saudi derivatives market next week Derivatives
Selina Bieber, Senior Regional Director for MENA, Turkey, and South Africa, GoDaddy
Middle East on track for digital growth - Interview Event
COVID-19 made investments in healthcare a top priority
COVID-19 and the future of digital healthcare services Global Economy
This recession is forecast to drive lower investments
What should the world learn from the COVID-19 crisis? Event
Technology will help bring the best quality of education to all pupils
The rise of EdTech amid a pandemic; ephemeral boom or a new era? Event
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Islamic Finance
Photo Archive
Tadawul approves listing of SAR 794.5m gov’t debt instruments Trading Activities
The Saudi banks’ holdings of government bonds rose by 13.86% YoY in October.
Saudi banks’ investments in gov’t bonds hit SAR 431.6bn in 10M Banking and Finance
The issuance will be managed by EFG Hermes
CIRA's board approves EGP 600 Sukuk issuance Companies Investments
The Sukuk has an interest rate of 3.908%
DP World announces profit distribution for $1.2bn Sukuk Sukuk and Islamic Finance
Emirates NBD Capital was the sole manager of the transactions
Dubai collects $1.5bn from reopening of existing debt instruments Sukuk and Islamic Finance
The Sukuk was oversubscribed 5.7 times
DIB lists $1bn Sukuk on Nasdaq Dubai Banking and Finance
CIRA reported net profits of EGP 330.4 million in nine months
CIRA mulls issuance of Ijara Sukuk Sukuk and Islamic Finance
The hired banks comprise Bank ABC, CBD
DAE hires banks for US dollar Sukuk issuance Companies Investments
DIB has achieved the lowest yield by any bank globally
DIB closes lowest yield AT1 Sukuk Sukuk and Islamic Finance
The banks will act as joint lead managers and joint bookrunners
DIB mandates banks for additional Tier 1 Sukuk issuance Sukuk and Islamic Finance
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Arab Markets
The company’s capital amounts to EGP 711.44 million
Electro Cable's shareholders approve one-to-five stock split Corporate Actions
The market’s turnover stood at EGP 1.37 billion
EGX ends Thursday mixed; market cap gains EGP 1.2bn Trading Activities
Foreign investments in Egypt’s debt instruments have reached $23 billion
CBE to offer $1bn T-bills next week Macroeconomics
The market's turnover amounted to SAR 11.19 billion on Thursday.
TASI ends Thursday in red; NomuC rises Trading Activities
Part of the signing ceremony.
KSA’s NWC pens first management deal with Saudi-French-Filipino consortium at SAR 198m Companies Investments
Photo Credit: Emirates News Agency (WAM)
UAE launches Falcon's Eye satellite to celebrate National Day
King Abdulaziz International Airport in Jeddah secured the fourth spot
Three Saudi airports ranked as safest among Mideast, Africa airports Ratings
Minister of Planning and Economic Development, Hala El-Saeed
Egypt’s poverty rate falls for first time since 1999 Macroeconomics
The deal includes the supply and installation a STATCOM for the first time in Egypt
Egypt inks STATCOM installation deal worth EGP 431m
Loans offered to non-financial governmental bodies hiked by 27.7% yearly in October.
Loans granted to Saudi gov’t bodies, private sector hit record high in October Sector Reports
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International Markets
Eurozone manufacturing sector sees strongest growth in over two years
Eurozone inflation turns negative for first time in four years
Global markets may return to fundamentals in 2020 –Emirates NBD
BOE maintains rates at 0.75%, drops limited and gradual tightening
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