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04 July 12:59 PM

US initial jobless claims surge 1.427m

The initial jobless claims in the US increased for the first time more than expected by 1.427 million in the week ending on 27 June.
Asia's economy likely to contract 1.6% in 2020
EasyJet to slash jobs in Berlin, cancel German domestic flights
UK's economy slides to 40-year low in Q1-20
UK aims to sell GBP 275bn of debt in 5M
BP to sell petrochem business to INEOS for $5bn
Jordan Arab Global Commodities
GENERAL
1,589.64 -0.55% -8.79
Volume 3,449,533 Turnover 3,358,927 No. of Trades: 1,904
19 Down 37 Flat 22 Up
No. of Traded Stocks : 78
Last Update: 2 July 11:30 AM
Latest News
US initial jobless claims surge 1.427m Global Reports
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Asia's economy likely to contract 1.6% in 2020 Global Reports
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EasyJet to slash jobs in Berlin, cancel German domestic flights Global Economy
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Brent crude futures declined 56 cents
Kuwaiti crude oil increases $1.2 pb on Tuesday Commodities
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The price for Octane 91 has been set at SAR 0.98 per litre
Saudi Aramco adjusts fuel prices after latest VAT hike Macroeconomics
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UK's economy slides to 40-year low in Q1-20 Global Economy
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The greenback slid to EGP 16.08 for buying at ALEXBANK and Suez Canal Bank
USD falls against EGP at local banks on Tuesday Banking and Finance
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UK aims to sell GBP 275bn of debt in 5M Global Economy
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BP to sell petrochem business to INEOS for $5bn Global Reports
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COVID-19 drug remdesivir priced at $2,340 per patient in US Global Reports
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Mubasher Exclusive
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 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
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 Event
Vera Futorjanski during a panel at RiseUp Summit 2019
Vera Futorjanski: Startups must focus on solving local challenges – Interview Event
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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 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
A sum of SAR 138.7 million was distributed
Arabian Aramco Total Services partially redeems sukuk Sukuk and Islamic Finance
Emirates NBD's investment banking arm was the joint lead manager
IsDB issues first sustainability $1.5b Sukuk - Emirates NBD Capital Sukuk and Islamic Finance
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Arab Markets
The number of brands in the UAE grew by 15% in 2019
UAE registers 1,031 trademarks in June Macroeconomics
Tourists were greeted with flowers and souvenirs
Hurghada Airport receives 151-passenger flight from Switzerland Macroeconomics
US initial jobless claims surge 1.427m Global Reports
Market's liquidity came at SAR 4.21 billion today
Tadawul closes Thursday's session in green Trading Activities
Total recoveries from COVID-19 in KSA reached 137,669 today
Saudi Arabia reports 3,383 coronavirus cases on Thursday
Dubai's imports from Russia reached $305 million
Dubai's food exports to Russia amount to $114m in 2019 Macroeconomics
Traded volumes amounted to 83.84 million shares
Boursa Kuwait closes Thursday on mixed note Trading Activities
Turnover amounted to AED 145.90 million
ADX up on Thursday; market cap gains AED 3.2bn Trading Activities
The market cap value declined by AED 150m
DFM closes Thursday on marginal losses Trading Activities
The last components was assembled this week
DP World to test world's first HBS container Companies Investments
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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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