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29 October 01:05 PM

Boeing to cut more jobs as fourth quarterly loss reported

Mubasher: Boeing Co will reduce its staff by an additional 7,000 jobs as the US plane maker reported its fourth straight quarterly loss.

GE sees smaller loss as business recovers from pandemic
Airlines need to cut jobs to save cash - IATA
The kingdom had an overall 2020 index value of 57.5 in 2020.
Saudi Arabia advances in Global Pension Index
AMD to acquire competitor chipmaker Xilinx for $35bn
Global FDI flows shrink 49% in H1-20 amid COVID-19
Bahrain Arab Global Commodities
BSEX
1,427.18 0.12% 1.76
Volume 3,883,280 Turnover 918,290 No. of Trades: 75
4 Down 5 Flat 3 Up
No. of Traded Stocks : 12
Last Update: 28 October 01:00 PM
Latest News
Boeing to cut more jobs as fourth quarterly loss reported Global Reports
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GE sees smaller loss as business recovers from pandemic Global Reports
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Airlines need to cut jobs to save cash - IATA Global Reports
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The kingdom had an overall 2020 index value of 57.5 in 2020.
Saudi Arabia advances in Global Pension Index Global Economy
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AMD to acquire competitor chipmaker Xilinx for $35bn Global Reports
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Global FDI flows shrink 49% in H1-20 amid COVID-19 Global Reports
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BP returns to profits in Q3 on improving oil demand Global Reports
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Ant Group to raise $34.4bn in world record-breaking IPO Global Reports
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AUB’s stake in AUB Egypt will be raised to 95.7%
AUB provides update on AUB Egypt acquisition Banking and Finance
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Photo Archive
KSA, Bahrain trade exchange grows exponentially in 9M Macroeconomics
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Mubasher Exclusive
Zedny was founded in 2018
Online platforms for professional development - Interview with Zedny Companies Investments
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 Markets Regulations
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
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
Etihad has hired HSBC and Standard Chartered as joint global coordinators
Etihad Airways begins marketing US dollar transition Sukuk Sukuk and Islamic Finance
The issuance size was set at SAR 270 million.
Saudi MoF: October 2020 issuance of SAR-denominated local Sukuk programme closed Sukuk and Islamic Finance
The Sukuk has a 3.326% annual fixed return rate payable semi-annually.
ANB offers $750m in Sukuk Sukuk and Islamic Finance
Both of the Sukuk listing price and return will be subject to market conditions.
ANB starts issuing US dollar-denominated Tier 2 capital Sukuk Sukuk and Islamic Finance
The planned Sukuk is part of a $3 billion Sukuk programme
Etihad Airways plans to sell US dollar transition Sukuk Sukuk and Islamic Finance
Photo Archive
Moody's assigns Baa3(hyb) Tier 2 ratings to ANB’s trust certificate Ratings
The Sukuk issue will support the bank’s capital base and fulfill its financial and strategic needs.
ANB plans issuing US dollar-denominated Tier 2 capital Sukuk Sukuk and Islamic Finance
Both of the Sukuk listing price and return are subject to market conditions.
Banque Saudi Fransi starts issuing SAR-denominated Additional Tier 1 Sukuk Banking and Finance
Photo Archive
Banque Saudi Fransi plans issuing SAR-denominated Additional Tier 1 Sukuk Sukuk and Islamic Finance
The loan will finance Porto October’s 1.38 million sqm project
Porto Group inks EGP 500m Musharakah deal with Banque Misr Sukuk and Islamic Finance
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Arab Markets
The committee will encourage investments between the two countries
Egyptian-Iraqi high committee meetings launch in Baghdad Macroeconomics
The Saudi government’s current account hiked by 1.6% YoY in September.
Saudi general reserve slides 15% in September Macroeconomics
Photo Archive
Expat remittances in KSA jump 18.5% in 9M Macroeconomics
Dubai accounted for the largest share of the newly issued licenses
UAE issues 34,780 new business licenses in 10M Macroeconomics
The company recorded net profits of SAR 4.11 million in Q3-20.
Saudi Paper returns to profitability in Q3 Financial Results
Revenue for Q3-20 reached SAR 20.5 billion.
SEC quarterly earnings down 18% Financial Results
Photo Archive
Malath Cooperative renews auto insurance contract with Bank Albilad Companies Investments
Revenues rose by 24.7% on an annual basis in Q3-20.
Saudi Cement sees 28% rise in quarterly profit Financial Results
Photo Archive
stc assigned highest grade credit rating by Tassnief Companies Investments
The Saudi Arabian Monetary Authority (SAMA).
SAMA’s assets drop 5% in September Central Banks
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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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