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12 July 01:29 PM

Flights to Los Angeles will be resumed from 22 July
Emirates airline reopens flights to six more cities

Dubai - Mubasher: Emirates airline on Thursday announced the resumption of services to six more destinations, taking the airline’s network to 58 cities by mid-August, including 20 points in Europe and 24 points in the Asia Pacific region. Flights …
United States to leave WHO next year
Eurozone expected to see deeper recession than forecast
This is NEOM’s first partnership with leading renewable energy partners
NEOM, ACWA Power, Air Products ink $5bn agreement
The airline aims to operate nearly 45% of its pre-COVID capacity by August
Etihad Airways to expand services to 58 cities worldwide
Big four auditors in UK to separate practices by mid-2024
Iraq Arab Global Commodities
ISX60
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Volume 663,783,104 Turnover 387,718,295 No. of Trades: 291
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No. of Traded Stocks : 20
Last Update: 10:30 AM
Latest News
Flights to Los Angeles will be resumed from 22 July
Emirates airline reopens flights to six more cities Global Economy
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The decision was made after reviewing Brent prices from April to June
Egypt keeps fuel prices on hold for 3M Commodities
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United States to leave WHO next year Global Economy
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The shipment is expected to take place between 8 and 18 August.
Egypt buys 230,000 tonnes of Russian wheat Commodities
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Eurozone expected to see deeper recession than forecast Global Economy
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This is NEOM’s first partnership with leading renewable energy partners
NEOM, ACWA Power, Air Products ink $5bn agreement Macroeconomics
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The airline aims to operate nearly 45% of its pre-COVID capacity by August
Etihad Airways to expand services to 58 cities worldwide Sector Reports
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The offers will be received on Tuesday 12:00 pm
Egypt launches int’l wheat tender Commodities
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Big four auditors in UK to separate practices by mid-2024 Global Reports
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The government pays farmers between EGP 670 and EGP 700 per ardeb
Egypt buys 3.5m tonnes of local wheat since mid-April Commodities
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Mubasher Exclusive
The government pays farmers between EGP 670 and EGP 700 per ardeb
Egypt buys 3.5m tonnes of local wheat since mid-April Commodities
IEA sets $3trn green economic recovery plan Global Reports
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
Bahrain launched Cloud First Policy in 2017
Pakiza Abdulrahman: Gov’t leads cloud adoption in Bahrain; private sector is following – Interview Event
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 Macroeconomics
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Islamic Finance
The issuance will target experienced investors residing in Saudi Arabia
SABB announces 1st local Sukuk issuance Banking and Finance
The offering aims to meet SABB’s financial and strategic needs
SABB sets up local Sukuk programme Sukuk and Islamic Finance
The Sukuk programme is valued at a maximum KWD 2 billion
KIB obtains central bank’s initial approval for Sukuk issuance Banking and Finance
Indonesia is the largest Sukuk issuer on Nasdaq Dubai
Indonesia lists $2.5bn Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
The issuance was a tap on a $1 billion Sukuk
DIB lists $300m Sukuk on Nasdaq Dubai Banking and Finance
The Sukuk is the first ever AAA-rated sustainability Sukuk
IsDB lists $1.5bn Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
DP World is expected to sell perpetual Sukuk at 6.125%
DP World forecast to sell $1.5bn perpetual Sukuk Sukuk and Islamic Finance
The five-year Sukuk has attracted 150 investors
Sharjah Islamic Banks lists $500m Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
The bank has set a margin of return at 240 bps
DIB sells $300m in 2026 Sukuk tap Banking and Finance
The bank has tightened the price guidance for the notes
DIB likely to sell $200m worth of its Sukuk Sukuk and Islamic Finance
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Arab Markets
The imported goods included meat, wheat, corn, chemicals, sugar, cars, and spare parts.
Alexandria Customs collects EGP 3.9bn customs, taxes in June Macroeconomics
The ICT sector is expected to see 300% more investments in FY20/21
Egypt’s ICT sector attracts EGP 50bn investments in 3 yrs Macroeconomics
Egypt Aluminum suffered net losses of EGP 1.019 billion in nine months
Egypt Aluminum considers funding from int'l institutions Banking and Finance
The deal involved the sale of 14.14 million shares
Egy Capital exits stake in Odin Investments Insider Trading & Treasury Stocks
The ADFD has announced an AED 36.7 billion support programme
ADFD suspends debt repayment for developing countries amid COVID-19 Macroeconomics
The new CEO joined Southern Province Cement in 1997
Southern Province Cement names new CEO Management Decisions
The third phase of the housing project includes thousands of residential units
Sisi inaugurates El-Asmarat Phase III Macroeconomics
A total of 2.495 million shares were allocated
Allianz SF rights issue records 538.78% coverage Companies Investments
The third stimulus package comprises 18 incentives
Dubai launches new AED 1.5bn stimulus package Macroeconomics
Revenues for H1-20 declined by 23.78%
Advanced Petrochemical’s profits down 19% in H1-20 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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