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24 November 07:00 PM

Airlines to record $157bn losses in 2020, 2021 - IATA

The IATA warned of $157 billion losses expected to be witnessed by airlines in 2020 and 2021 due to COVID-19.
The park is planned to have a total capacity of 5,000 MW by 2030
Mohammed bin Rashid Solar Park's third phase inaugurated with 800MW capacity
The project includes the installation of 4,500 solar panels
Al Ghurair Group partners with SirajPower to establish solar power systems
Elon Musk becomes world's second-richest person
The board plans to expand its investment portfolio
Aman's board agrees on three-year growth plan
Gulf Navigation Holding posted the highest trading volume
DFM up on Tuesday; ADX down
UAE Arab Global Commodities
DFMGI ADI
DFMGI
2,399.50 1.92% 45.26
Volume 331,047,821 Turnover 470,574,838 No. of Trades: 5,223
5 Down 2 Flat 25 Up
No. of Traded Stocks : 32
Last Update: 02:00 PM
ADI
4,947.28 -0.54% -27.00
Volume 142,034,293 Turnover 541,758,123 No. of Trades: 3,314
12 Down 6 Flat 10 Up
No. of Traded Stocks : 28
Last Update: 02:00 PM
Latest News
Airlines to record $157bn losses in 2020, 2021 - IATA Global Reports
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The park is planned to have a total capacity of 5,000 MW by 2030
Mohammed bin Rashid Solar Park's third phase inaugurated with 800MW capacity Macroeconomics
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The project includes the installation of 4,500 solar panels
Al Ghurair Group partners with SirajPower to establish solar power systems Companies Investments
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Elon Musk becomes world's second-richest person Global Reports
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The board plans to expand its investment portfolio
Aman's board agrees on three-year growth plan Board of Directors
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Gulf Navigation Holding posted the highest trading volume
DFM up on Tuesday; ADX down Trading Activities
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The Sukuk was oversubscribed 5.7 times
DIB lists $1bn Sukuk on Nasdaq Dubai Banking and Finance
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Jadwa acquired a stake in UEMedical in 2016.
Saudi Jadwa appoints HSBC to advise on exiting UEMedical Companies Investments
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The agreement reinforces the airline's relations with CFM
Air Arabia signs nine-year agreement for LEAP-1A-powered aircraft Companies Investments
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Over 73% of UAE consumers are shopping more online for groceries
UAE records surge in online shopping amid COVID-19 Macroeconomics
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Mubasher Exclusive
Zedny was founded in 2018
Online platforms for professional development - Interview with Zedny Macroeconomics
The webinar discussed the Road to Digital Transformation and Innovation
Industry leaders discuss the future of digital transformation Event
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 Event
Selina Bieber, Senior Regional Director for MENA, Turkey, and South Africa, GoDaddy
Middle East on track for digital growth - Interview Macroeconomics
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? Global Economy
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
Careem expanded its services in Egypt and the GCC
The story behind the region's first multi-service super app Event
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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 Sukuk and Islamic Finance
DIB has achieved the lowest yield by any bank globally
DIB closes lowest yield AT1 Sukuk Banking and Finance
The banks will act as joint lead managers and joint bookrunners
DIB mandates banks for additional Tier 1 Sukuk issuance Banking and Finance
The law will allow the country to enter the Islamic finance sector
Egypt’s cabinet approves draft law on sovereign Sukuk Banking and Finance
Photo Archive
Banque Saudi Fransi completes SAR 5bn Additional Tier 1 Sukuk issue Sukuk and Islamic Finance
The company has repurchased $221m of the Sukuk
Dana Gas fully redeems $309m outstanding Sukuk Sukuk and Islamic Finance
The capital will also support the development of Islamic financing activities
IsDB's private arm lists $600m Sukuk on Nasdaq Dubai Banking and Finance
Etihad has hired HSBC and Standard Chartered as joint global coordinators
Etihad Airways begins marketing US dollar transition Sukuk Sukuk and Islamic Finance
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Arab Markets
Head of Arab Organization for Industrialization (AOI), Abdel-Moneim El-Terras
Benya Capital pens deal with Engineering Consultants Group Macroeconomics
Minister of Transport, Kamel El-Wazir
Huawei Egypt signs training agreement with Trans IT Macroeconomics
Airlines to record $157bn losses in 2020, 2021 - IATA Global Reports
Saudi employees working in the new store represent 48% of total staff.
Jarir Marketing opens new store in Dawadmi governorate Companies Investments
The 22-station monorail will extend for 56.5 kilometres
Egypt names monorail station as 1-Ninety Real estate
The market’s liquidity stood at SAR 13.66 billion on Tuesday.
TASI wins 25.31 pts at Tuesday’s close Trading Activities
The park is planned to have a total capacity of 5,000 MW by 2030
Mohammed bin Rashid Solar Park's third phase inaugurated with 800MW capacity Macroeconomics
Photo Archive
Tadawul delists SAR 3bn worth of government debt instruments Trading Activities
The investment cost of the project's first phase is estimated at EGP 2.8 billion
Egypt inks deal to establish National Egyptian Railway Industries Co Macroeconomics
The deals are likely to reflect positively on Saudi Re’s financials starting from 2021.
Saudi Re inks reinsurance deals with Probitas Corporate Capital Board of Directors
More
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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