UAE
Tawasul
Mubasher TV
 Contact Us Advertising   العربية
UAE
DFM Closed
ADX Closed
01 June 08:37 PM

The GCC is forecast to witness an economic recovery
Gulf states's GDP expected to contract by 5.9% in 2020

Mubasher: The gross domestic product (GDP) of the Arabian Gulf countries is expected to retract by 5.9% in 2020 when compared to 2019, as the world economy is suffering from the consequence of the coronavirus (COVID-19) pandemic. Fiscal deficit in …
Emirates Airline is set to lay off some employees amid the COVID-19 crisis
Emirates foresees recovery of airline industry by June 2021
Turnover totaled AED 198.07 million
ADX maintains positive performance on Monday
Around 131.70 million shares were traded
DFM up on Monday; market cap gains AED 3.24bn
The company will issue 500 million new shares
Julphar launches AED 500m rights issue to improve capital profile
The fund will grant concessionary loans to the national companies
ADFD allocates AED 1bn to national companies
UAE Arab Global Commodities
DFMGI ADI
DFMGI
1,973.72 1.47% 28.63
Volume 131,702,851 Turnover 189,453,804 No. of Trades: 3,122
5 Down 6 Flat 20 Up
No. of Traded Stocks : 31
Last Update: 02:00 PM
ADI
4,170.71 0.70% 29.10
Volume 61,138,607 Turnover 198,070,313 No. of Trades: 2,405
9 Down 2 Flat 12 Up
No. of Traded Stocks : 23
Last Update: 02:00 PM
Latest News
The GCC is forecast to witness an economic recovery
Gulf states's GDP expected to contract by 5.9% in 2020 Global Economy
`
Emirates Airline is set to lay off some employees amid the COVID-19 crisis
Emirates foresees recovery of airline industry by June 2021 Global Economy
`
Turnover totaled AED 198.07 million
ADX maintains positive performance on Monday Trading Activities
`
Around 131.70 million shares were traded
DFM up on Monday; market cap gains AED 3.24bn Trading Activities
`
The USD went up to EGP 15.86 for buying at NBE
USD almost hits EGP 16 at local banks on Monday Currencies
`
The platform is part of the company's N-Genius Online
Network International enables SMEs in UAE to use e-commerce Companies Investments
`
The company will issue 500 million new shares
Julphar launches AED 500m rights issue to improve capital profile Banking and Finance
`
The fund will grant concessionary loans to the national companies
ADFD allocates AED 1bn to national companies Macroeconomics
`
Abu Dhabi will also resume sports activities
Abu Dhabi raises capacity limits in malls, restaurants to 40% Macroeconomics
`
Abu Dhabi's banks registered assets of AED 1.407
Abu Dhabi, Dubai banks record AED 2.9trn assets in April Banking and Finance
`
More
Mubasher Exclusive
The company achieved revenues of AED 4.4 billion last year
DAMAC vows to deliver projects on time – VP Interview Companies Investments
DFMGI ended February at the level of 2,590 points
DFM records losses in February on coronavirus fears Trading Activities
The UAE accounted for 26.6% of the fund’s investments by the end of 2019
Norway’s sovereign fund raises investments in GCC markets Companies Investments
The project is expected before the end of next June
UAE’s Arada plans new investment in Saudi Arabia in H1-20 Real estate
Photo Archive
Saudi oil exports down 10.75% in 2019 Macroeconomics
MWC 2020 cancelled over coronavirus worries Global Reports
Finastra's solutions cover 90% of banks’ needs
Interview: We look to repeat Finastra Egypt Digital Trade Forum – Serge Tohme Global Economy
Iron prices have dropped by EGP 300 per tonne since the beginning of the week
Iron prices to further decline as EGP levels up Commodities
Dana Gas is continuously taking all necessary precautions to protect its business
Dana Gas’ business in Kurdistan normal – Official Companies Investments
Bahrain launched Cloud First Policy in 2017
Pakiza Abdulrahman: Gov’t leads cloud adoption in Bahrain; private sector is following – Interview Event
More
Islamic Finance
The issuance is part of a Sukuk programme at a maximum value of $2 billion
Warba Bank receives regulatory approval for KWD 150m Sukuk Sukuk and Islamic Finance
The outlook on all ratings was changed to ratings under review
Moody’s downgrades Arabian Centres ratings Sukuk and Islamic Finance
Riyad Bank and MIS signed the finance agreement on 4 May
MIS signs SAR 290m Islamic finance deal Banking and Finance
Dividends will be distributed at SAR 0.0674 per unit
Albilad Sovereign Sukuk ETF announces dividends Banking and Finance
The banks' investments in stocks were lowered to AED 9.1bn in March
UAE banks slash bond, stock investments in March Companies Investments
Capital Market Authority (CMA)
Mudaraba Fintech application receives experimental permit Companies Investments
Sukuk trading suspension will begin on 15 June 2020
Riyad Bank to redeem SAR 4bn Sukuk Banking and Finance
The Sukuk is valued at $200 million
AUB Kuwait to pay $5.5m dividends to Ahli United Sukuk Banking and Finance
Photo Archive
ACWA Power plans $1bn Sukuk issuance Banking and Finance
The bought back Sukuk will be canceled
Dana Gas buys back $18m of Nile Delta Sukuk Sukuk and Islamic Finance
More
Arab Markets
TASI closed at 7,288.81 points
Tadawul closes Monday on positive note Trading Activities
The reserve decreased by 0.25% on a monthly basis
Saudi gov’t reserve nears SAR 470bn in April Macroeconomics
(Photo Credit: rawpixel)
GAFI discusses growth plans with entrepreneurs, startups Macroeconomics
The lender aims to strengthen its capital base
Suez Canal Bank completes Midor stake sale for $30.6m Insider Trading & Treasury Stocks
The GCC is forecast to witness an economic recovery
Gulf states's GDP expected to contract by 5.9% in 2020 Global Economy
Deposits denominated in foreign currencies rose to EGP 640.676 billion
Egypt’s foreign-currency deposits grow for 2nd month in row Banking and Finance
Money supply increased to EGP 1.05 trillion
Egypt’s local liquidity rises to record high in April Central Banks
Investcorp Credit Management aims to manage a diversified portfolio
Investcorp closes Mount Row credit fund at EUR 318m Companies Investments
Emirates Airline is set to lay off some employees amid the COVID-19 crisis
Emirates foresees recovery of airline industry by June 2021 Global Economy
Turnover totaled AED 198.07 million
ADX maintains positive performance on Monday Trading Activities
More
International Markets
Global markets may return to fundamentals in 2020 –Emirates NBD
BOE maintains rates at 0.75%, drops limited and gradual tightening
Fear arises as Brexit impact on power sector still unclear
Uber, Hyundai team up to launch future Uber Air Taxis
Register to Mubasher Info Be Part of the Success (A Part of the Mubasher Family) With one account you can:
  • Create Your Own Portfolio
  • Follow Favorite Stocks
  • Get Mubasher News Instantly
  • Find Breaking News on the Spot
  • Subscribe to Mubasher's Newsletters
  • Get Notified with Stocks' & Markets' Latest News
Join Now