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13 July 02:02 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
Jordan Arab Global Commodities
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Last Update: 11:30 AM
Latest News
EGP rises against USD at local banks on Monday Currencies
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Aramco will decrease the August Arab Heavy crude supplies by about 10%
Aramco slashes August heavy crude supplies to six Asian buyers Commodities
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Domestic consumption of LPG fell by 2.5% YoY in 2019
Saudi Arabia consumes 1.5bn barrels of oil in 2019 Macroeconomics
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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 Macroeconomics
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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 Macroeconomics
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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 Global Economy
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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 Global Economy
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More
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 Companies Investments
Iron prices have dropped by EGP 300 per tonne since the beginning of the week
Iron prices to further decline as EGP levels up Macroeconomics
Bahrain launched Cloud First Policy in 2017
Pakiza Abdulrahman: Gov’t leads cloud adoption in Bahrain; private sector is following – Interview Macroeconomics
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 Event
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
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 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 Banking and Finance
The bank has set a margin of return at 240 bps
DIB sells $300m in 2026 Sukuk tap Sukuk and Islamic 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
KSA opened some laboratories and specialised units recently
Saudi Arabia conducts over 2.2m coronavirus tests Macroeconomics
The market cap value declined by AED 970m
ADX closes Monday's session with marginal losses Trading Activities
The initiative has benefited about 38,626 people
Egypt invests EGP 82m in Aswan’s Hayah Karima Phase I Macroeconomics
The real estate sector led the losers
DFM down on Monday; market cap loses AED 1.74bn Trading Activities
These investments signal the return of foreign investors to the Egyptian market
Egypt attracts $3bn investments in month from int'l institutions Macroeconomics
The selected startups include Bahrain's Tarabut Gateway
Hub71 selects 11 international startups Macroeconomics
The Shura council’s chairman, Abdullah Al Sheikh
Saudi Shura Council approves anti-concealment system Macroeconomics
The lender’s net interest income grew to EGP 7.46 billion
QNB Al Ali logs EGP 3.84bn profit in H1-20 Financial Results
Jafza has introduced digital innovations
Jafza sees 10.6% growth in retail, e-commerce sector Sector Reports
The EGP 6.3 billion deal includes the delivery of 32 trains
Egypt receives 2nd Hyundai Rotem train for Cairo Metro Line 3
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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