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16 July 05:00 PM

Apple wins court's ruling on EU's EUR 13bn tax order

The European Union's (EU) general court has cancelled the 2016 order to Apple to pay EUR 13 billion in Irish taxes.
Google buys $4.5bn stake in Reliance's digital unit
Phison to sell shares in joint venture to Kingston
Huawei to be banned from UK’s 5G networks
BeIN Sports shall return all financial gains it obtained as a result of the violation
KSA imposes SAR 10m fine on BeIN Sports; terminates licence permanently
Google in talks to buy $4bn stake in Jio Platforms
Iraq Arab Global Commodities
ISX60
450.87 0.20% 0.91
Volume 1,043,816,295 Turnover 434,591,836 No. of Trades: 318
9 Down 8 Flat 6 Up
No. of Traded Stocks : 23
Last Update: 15 July 10:30 AM
Latest News
Apple wins court's ruling on EU's EUR 13bn tax order Global Reports
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Google buys $4.5bn stake in Reliance's digital unit Global Markets brief
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Phison to sell shares in joint venture to Kingston Global Reports
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Huawei to be banned from UK’s 5G networks Global Economy
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BeIN Sports shall return all financial gains it obtained as a result of the violation
KSA imposes SAR 10m fine on BeIN Sports; terminates licence permanently Markets Regulations
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Egypt paid EGP 16 billion to farmers
Egypt buys EGP 3.5m tonnes of local wheat Macroeconomics
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Google in talks to buy $4bn stake in Jio Platforms Global Economy
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Muqassa aims to support the growth of the Saudi capital market
Muqassa to commence operations on 30 August Companies Investments
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The launch will further develop the Saudi market
Tadawul to launch derivatives market in August Markets Regulations
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The EGP appreciated by 10.8% against the US dollar
Egypt leads emerging market currencies in 3 yrs – Cabinet Macroeconomics
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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 Commodities
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 Banking and Finance
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 Global Economy
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 Event
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 Global Economy
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Islamic Finance
Amer Group achieved net profits of EGP 10.65 million in Q1-20
Amer inks protocol with Misr Capital, Sarwa to study Sukuk issuance Sukuk and Islamic Finance
This listing is DP World’s inaugural perpetual issuance
DP World lists $1.5bn perpetual Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
The issuance will target experienced investors residing in Saudi Arabia
SABB announces 1st local Sukuk issuance Sukuk and Islamic 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 Sukuk and Islamic 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
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Arab Markets
The market cap value retreated by EGP 5.75 billion .
EGX ends Thursday down on foreign selloffs Trading Activities
The banks sector led 11 risers
TASI up on Thursday for second session in row Trading Activities
Technical bids will be studied by the concerned committee
Egypt Aluminum receives 3 bids for new production line
The company has set 5 August as a record date
Orascom Construction to distribute $0.21/shr dividends Cash Dividends
Cairo Investment reported net profits of EGP 330.4 million in nine months
Cairo Investment’s board approves unit’s 60% capital raise Corporate Actions
Traded values amounted to KWD 22.38 million
Boursa Kuwait indices close Thursday in red Trading Activities
Turnover amounted to AED 93.94 million
ADX resumes upward performance on Thursday Trading Activities
The services sector led the risers
DFM gains AED 610m on Thursday Trading Activities
Afreximbank also paid a $250,000 grant to support the Egyptian government
Afreximbank supports Egyptian banks with $3.9bn amid COVID-19 crisis Banking and Finance
The company’s revenues fell to EGP 193.99 million
South Cairo Mills posts 32% lower loss in FY19/20 initial results 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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