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22 January 08:52 PM

Sputnik V is the third COVID-19 vaccine approved in the UAE
UAE approves Russia's Sputnik vaccine for emergency use

UAE - Mubasher: The UAE Ministry of Health and Prevention has approved the Russian coronavirus (COVID-19) vaccine, Sputnik V, for emergency use, the Emirates News Agency (WAM) reported. Sputnik V is the third COVID-19 vaccine to be approved for …
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Latest News
Sputnik V is the third COVID-19 vaccine approved in the UAE
UAE approves Russia's Sputnik vaccine for emergency use Global Economy
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Biden to be sworn in as US President on Wednesday Global Reports
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Bahrain expected to raise $2 billion in bond sale Global Reports
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Britain’s inflation starts climb as Covid, Brexit effects combine Global Reports
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Bank of America sees lower profits in Q4-20 Global Reports
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Tesla starts delivering first Shanghai-made Model Y crossovers in China Global Reports
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IEA lowers 2021 global oil demand outlook amid COVID-19 Global Reports
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The supercomputer is named after the first oil well discovered in Saudi Arabia.
Saudi Aramco, STC launch Dammam 7 supercomputer Global Economy
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PepsiCo plans to achieve net-zero emissions by 2040 Global Reports
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Chipmaker Qualcomm to acquire NUVIA for $1.4bn Global Reports
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Islamic Finance
The Sukuk issuances were divided into two tranches.
Saudi MoF closes January issue of local Sukuk Program at SAR 2.95bn Banking and Finance
Each of the minimum subscription value and Sukuk par value amounts to $200,000.
NCB starts issuing USD-denominated Additional Tier 1 Sukuk Banking and Finance
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Riyad Bank plans issuing Tier 2 Sukuk Banking and Finance
The potential offer aims to enhance the bank's tier 1 capital.
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The Sukuk was issued at MS+90bps
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The GCC governments have issued $47.5 billion bonds
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Sukuk maturities are predicted to be at $115.7 billion over the next five years.
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The issuance of the Sukuk is managed by EFG Hermes
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FRA expects Sukuk issuances worth EGP 10 billion in 2021
Egypt’s FRA approves third Sukuk issuance in 2020 valued at EGP 600m Sukuk and Islamic Finance
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Arab Markets
Canal Shipping Agencies posted net profits of EGP 41.05 million in three months
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Banks will be reopened on Sunday, 31 January
CBE announces 25 January Revolution holiday Central Banks
The AOI also agreed with TAQA Arabia to establish natural gas refuelling stations
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Revenue for the October-December period of 2020 fell by 9.1% annually.
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These projects have resulted in economic benefits
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