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17 February 01:54 PM

US mulls halting GE engine deliveries to China's new aircraft

Mubasher: The US government is mulling a proposal to stop exporting jet engines co-manufactured by General Electric Co to China.
Earnings per share (EPS) stood at 0.02 cents last year.
Ithmaar Holding turns profitable in 2019; Zero dividends proposed
Omani crude oil output falls 1.26% MoM in January 2020
Royal Bank of Scotland plans rebranding, cutting investment-banking business
MWC 2020 cancelled over coronavirus worries
The industrial sector stabilised
Bahrain Bourse rises 0.4% in week
Bahrain Arab Global Commodities
BSEX
1,662.79 0.06% 0.92
Volume 3,288,365 Turnover 662,356 No. of Trades: 82
3 Down 7 Flat 5 Up
No. of Traded Stocks : 15
Last Update: 01:00 PM
Latest News
US mulls halting GE engine deliveries to China's new aircraft Global Markets brief
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Earnings per share (EPS) stood at 0.02 cents last year.
Ithmaar Holding turns profitable in 2019; Zero dividends proposed Board of Directors
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Omani crude oil output falls 1.26% MoM in January 2020 Global Reports
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Royal Bank of Scotland plans rebranding, cutting investment-banking business Global Markets brief
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The industrial sector stabilised
Bahrain Bourse rises 0.4% in week Trading Activities
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Photo Archive
Alba profits down 91% in 2019 Financial Results
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Tesla may float $2bn shares to strengthen balance sheet Global Reports
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MWC 2020 cancelled over coronavirus worries Global Reports
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Global prices increased by 2.5% on Wednesday.
Kuwait’ oil up $1.28 on Wednesday – KPC Macroeconomics
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Earnings per share (EPS) rose to 9.8 fils in 2019.
Al Salam Bank records BHD 21m profits in 2019; dividends proposed Cash Dividends
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Mubasher Exclusive
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
Bahrain launched Cloud First Policy in 2017
Pakiza Abdulrahman: Gov’t leads cloud adoption in Bahrain; private sector is following – Interview Macroeconomics
Startups do not repay the funding since it is a grant by Tamkeen
How can non-local startups get grants in Bahrain? – Interview with Pakiza Abdulrahman Companies Investments
Salma is the Arabic version of Google Home and Amazon Alexa
Story behind first Arabic voice assistant ‘Salma’ – Interview Companies Investments
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Central Banks
Vera Futorjanski during a panel at RiseUp Summit 2019
Vera Futorjanski: Startups must focus on solving local challenges – Interview Macroeconomics
The price of flight tickets soared more than 70%
UAE hotels to see record occupancy levels on Christmas holidays Macroeconomics
Credit Agricole is still developing SMEs portfolio and getting some resources
Antoine Paliard talks fintech innovation, startup contests – Interview Banking and Finance
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Islamic Finance
Photo Archive
Dar Alarkan intends to issue dollar Sukuk Sukuk and Islamic Finance
DIB's net income grew by 13% to AED 9.266 billion
DIB reports higher net profits at AED 5.102bn in 2019; dividends proposed Sukuk and Islamic Finance
Sukuk receiving bids worth a total of $4.59 billion
Boubyan Bank issues $750m Sukuk Banking and Finance
Photo Archive
Riyad Bank creates $3bn Sukuk programme Banking and Finance
Photo Archive
Tadawul issues AlBilad Saudi Sovereign Sukuk ETF terms Sukuk and Islamic Finance
Riyad Bank
Moody's assigns A2 rating to Riyad Bank's $3bn Sukuk Ratings
Saudi Arabian Monetary Authority (SAMA)
Saudi banks increase investments in gov’t bonds Central Banks
CIAF Leasing will be the issuer of sukuk worth $50 million
CIAF Leasing, Talaat Moustafa to issue sukuk in 3 months Banking and Finance
Ministry of Finance
Saudi Arabia closes January Sukuk issuance Bonds
Mumtalakat’s CEO Khalid Al Rumaihi
Mumtalakat receives $4bn orders for $500m sukuk Sukuk and Islamic Finance
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Arab Markets
stc pay recently obtained a fintech license from SAMA to operate as an e-wallet
stc Pay, Saudi Payment ink cooperation agreement Banking and Finance
The company’s sales surged to EGP 523 million
October Pharma’s indicators show 80% profit hike in 2019 Financial Results
One bonus share will be distributed for every four shares held
Mohandes Insurance’s shareholders approve capital raise via bonus issue Corporate Actions
Revenues rose to EGP 160.09 million
Sheeni’s losses balloon 42% in H1-19/20 Financial Results
Drilling is underway at the Montu well with an initial cost of $99 million
Rashpetco, Burullus Gas plan to invest $167m in FY19/20 Companies Investments
The new school will be managed by Kent College
Orascom Development to develop int’l school with EGP 500m investments Real estate
Photo Archive
Jabal Omar Development appoints new CEO Management Decisions
These inflows included remittances from Egyptians living abroad
Egypt draws $12bn cash inflows year-to-date – CBE official Central Banks
Steen Hadsbjerg has been as the new CEO
NADEC CEO resigns; new appointee announced Board of Directors
Sales shrank to EGP 5.42 billion in H1 of FY19/20
AMOC’s profit dips 81% in H1-19/20 on lower sales Financial Results
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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
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