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19 January 06:30 PM

Bank of America sees lower profits in Q4-20

Bank of America Corp recorded a decline in profits during the fourth quarter (Q4) of 2020.
Tesla starts delivering first Shanghai-made Model Y crossovers in China
The supercomputer is named after the first oil well discovered in Saudi Arabia.
Saudi Aramco, STC launch Dammam 7 supercomputer
The agreement aims to add Ras Al Khaimah to Gulf Air's network
RAK International Airport partners with Bahrain's Gulf Air
Photo Archive
Emirates’ trade surplus with GCC hits AED 3bn in 9M
The acquisition is expected to be complete in the second quarter of 2021
Bank ABC inks deal to acquire Blom Bank Egypt
Bahrain Arab Global Commodities
BSEX
1,451.42 -0.19% -2.80
Volume 3,094,926 Turnover 707,969 No. of Trades: 72
5 Down 4 Flat 3 Up
No. of Traded Stocks : 12
Last Update: 01:00 PM
Latest News
Bank of America sees lower profits in Q4-20 Global Reports
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Tesla starts delivering first Shanghai-made Model Y crossovers in China Global Reports
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IEA lowers 2021 global oil demand outlook amid COVID-19 Oil and Energy
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The supercomputer is named after the first oil well discovered in Saudi Arabia.
Saudi Aramco, STC launch Dammam 7 supercomputer Global Economy
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The agreement aims to add Ras Al Khaimah to Gulf Air's network
RAK International Airport partners with Bahrain's Gulf Air Companies Investments
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Photo Archive
Emirates’ trade surplus with GCC hits AED 3bn in 9M Sector Reports
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The acquisition is expected to be complete in the second quarter of 2021
Bank ABC inks deal to acquire Blom Bank Egypt Banking and Finance
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All physical and non-physical assets and customer accounts are included in the deal
Bahrain's Bank ABC completes acquisition of Blom Bank Egypt for $480m Banking and Finance
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PepsiCo plans to achieve net-zero emissions by 2040 Global Reports
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Chipmaker Qualcomm to acquire NUVIA for $1.4bn Global Reports
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Mubasher Exclusive
Mirna Arif, General Manager of Microsoft Egypt
Reimagining Egypt’s economy through digital transformation – Interview with Mirna Arif Companies Investments
Photo Archive
Identifying investment opportunities post-COVID – Interview with Huda Al-Lawati Global Economy
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 Markets Regulations
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? Event
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Islamic Finance
The potential offer aims is to strengthen the bank’s capital base.
Riyad Bank plans issuing Tier 2 Sukuk Companies Investments
The potential offer aims to enhance the bank's tier 1 capital.
NCB plans issuing dollar Additional Tier 1 Sukuk Companies Investments
The Sukuk was issued at MS+90bps
FAB issues five-year $500m Sukuk Banking and Finance
The GCC governments have issued $47.5 billion bonds
GCC records $142bn bond, Sukuk issuances in 11M Bonds
Sukuk maturities are predicted to be at $115.7 billion over the next five years.
GCC governments could see $157.1bn in fixed income maturities in 5 yrs Sukuk and Islamic Finance
The issuance of the Sukuk is managed by EFG Hermes
CIRA gets FRA's approval for EGP 600m Sukuk issuance Corporate Actions
FRA expects Sukuk issuances worth EGP 10 billion in 2021
Egypt’s FRA approves third Sukuk issuance in 2020 valued at EGP 600m Sukuk and Islamic Finance
CIRA's shareholders approve EGP 600m Ijara Sukuk issuance Sukuk and Islamic Finance
Photo Archive
Arabian Aramco Total partially redeems Sukuk Banking and Finance
Photo Archive
Tadawul approves listing of SAR 794.5m gov’t debt instruments Sukuk and Islamic Finance
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Arab Markets
The grace period will be extended by one additional year
Egyptian Countryside cancels interest in grace period for 1.5m feddan project beneficiaries
The market cap value grew by EGP 3.3 billion
EGX ends in Tuesday in green on foreign purchases Trading Activities
EFG Hermes came in second ranking on the ADX
EFG Hermes tops brokerage firms in Egypt, Kuwait, Dubai, Kenya
The potential offer aims is to strengthen the bank’s capital base.
Riyad Bank plans issuing Tier 2 Sukuk Sukuk and Islamic Finance
Bank of America sees lower profits in Q4-20 Global Reports
The agreement with Spartan will meet the growing demand for aircraft training programmes within KSA.
Saudi Airlines pens MoU with Spartan for aircraft maintenance training Macroeconomics
Materials and energy inched down by 0.59% and 0.07%, respectively, on Tuesday.
TASI levels down 0.33% at Tuesday’s close Trading Activities
Egypt received $199 million in profit share payments and royalties
Sukari mine's gold production drops 6% in 2020 Financial Results
The value of traded stocks soared by 37% to EGP 311.6 billion in 2020
Egypt's FRA considers IPO request with expected valuation of EGP 1bn Initial Public Offerings
Photo Archive
KSA seeks to generate 50% of electricity using renewable energy by 2030 Macroeconomics
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International Markets
Eurozone manufacturing growth at fastest pace since May 2018
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
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