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24 February 08:28 PM

UK’s Behavox secures $100m investment from SoftBank Vision Fund 2

​​​​​​​Mubasher: UK’s artificial intelligence (AI) start-up Behavox announced a $100 million investment from SoftBank Vision Fund 2.
PepsiCo inks agreement to acquire Be & Cheery at $705m
The proposed plan for FY20/21 includes putting two wells into production
Pharaonic Petroleum to inject $277 investments in FY20/21
The company drilled a total of 34 development wells in H1 of FY19/20
Agiba Petroleum to invest $577m in FY20/21
The company’s sales grew to EGP 16.6 billion
Ibnsina Pharma’s profit up 25% in 2019; dividends proposed
Four exploratory wells will be drilled in the next period
Ganope plans to drill 16 exploratory wells in FY20/21
Egypt Arab Global Commodities
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Latest News
UK’s Behavox secures $100m investment from SoftBank Vision Fund 2 Global Markets brief
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PepsiCo inks agreement to acquire Be & Cheery at $705m Global Reports
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The proposed plan for FY20/21 includes putting two wells into production
Pharaonic Petroleum to inject $277 investments in FY20/21 Companies Investments
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The company drilled a total of 34 development wells in H1 of FY19/20
Agiba Petroleum to invest $577m in FY20/21 Macroeconomics
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The company’s sales grew to EGP 16.6 billion
Ibnsina Pharma’s profit up 25% in 2019; dividends proposed Financial Results
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Four exploratory wells will be drilled in the next period
Ganope plans to drill 16 exploratory wells in FY20/21 Macroeconomics
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The bank’s net interest income rose to EGP 1.24 billion
Suez Canal Bank logs EGP 542m profit in 2019; bonus proposed Banking and Finance
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Total Belarusian exports to Egypt amounted to $116 million
Egypt-Belarus bilateral trade hits $142m in 2019 Macroeconomics
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China warns against travel to US due to unfair treatment Global Reports
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Investors have placed orders for 89.11 million shares
Emerald’s private placement 134% oversubscribed Initial Public Offerings
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Mubasher Exclusive
Emerald plans to float 28% of its shares on the EGْْX
Emerald’s IPO 5.8 times oversubscribed so far Initial Public Offerings
The project is forecast to create more than 500 direct and indirect jobs
Egypt’s West Bakr wind farm to produce 2,000 GW annually Macroeconomics
The public offering has been covered by 3-4 times
Emerald Real Estate Investment’s offering oversubscribed Initial Public Offerings
Photo Archive
Saudi oil exports down 10.75% in 2019 Macroeconomics
MWC 2020 cancelled over coronavirus worries Global Reports
The new companies’ activities will include micro insurance
Raya Holding to launch 3 companies with EGP 15m capital Companies Investments
Suez Canal Bank’s chairman Hussein Refaei
Suez Canal Bank considers providing EGP 400m syndicated loans Banking and Finance
The Textile Export Council aims to increase its exports to $12 billion by 2025
Egypt’s textile exports exceed $3bn in 2019 Macroeconomics
The CBE kept the overnight lending rate steady at 13.25%
NBE cuts interest rates on personal loans, Murabaha by 1% Central Banks
The funding will be offered at a declining interest rate of 10%
CBE to activate mortgage initiative in March – Sources Banking and Finance
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Islamic Finance
Photo Archive
Dar Al Arkan issues SAR 1.5bn unsecured Sukuk Sukuk and Islamic Finance
The offering will mature on 25 February
Riyad Bank completes 1st offering of int’l sukuk Sukuk and Islamic Finance
Photo Archive
Riyad Bank launches int’l Sukuk programme Sukuk and Islamic Finance
Photo Archive
Dar Alarkan intends to issue dollar Sukuk Banking and 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 Board of Directors
Sukuk receiving bids worth a total of $4.59 billion
Boubyan Bank issues $750m Sukuk Sukuk and Islamic Finance
Photo Archive
Riyad Bank creates $3bn Sukuk programme Sukuk and Islamic 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 Sukuk and Islamic Finance
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Arab Markets
Officials from the UAE Mubadala and the French Bpifrance
Mubadala teams up with France’s Bpifrance for multibillion LAC I Fund Companies Investments
UK’s Behavox secures $100m investment from SoftBank Vision Fund 2 Global Markets brief
TASI closed at 7,747.1 points
Tadawul closes Monday with biggest decline in 9M Trading Activities
Andre Sayegh has been nominated for holding the position of the CEO
FAB’s shareholders nod to AED 8bn dividends for FY19; board increased Banking and Finance
PepsiCo inks agreement to acquire Be & Cheery at $705m Global Reports
EDGE has allocated over AED 1bnfor advanced technologies
EDGE allocates over AED 1bn for advanced technologies – WAM Companies Investments
Signing the agreement
SAMA, CMA sign electronic link agreement Macroeconomics
Saudi Minister of Energy, Prince Abdulaziz bin Salman
Saudi Arabia working on energy sector overhaul – Minister Macroeconomics
The number of shares owned by Keypoint Trust in GFH reached 185.354m shares
Keypoint Trust raises ownership in GFH to 5% Corporate Actions
The proposed plan for FY20/21 includes putting two wells into production
Pharaonic Petroleum to inject $277 investments in FY20/21 Companies Investments
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
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