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06 July 08:23 AM

Fujifilm collaborates with GRA, Dr Reddy’s for potential coronavirus drug

Mubasher: Global Response Aid (GRA) and Dr. Reddy’s Laboratories signed an agreement with Japan’s FujiFilm Corporation for the production and distribution of Avigan.
US initial jobless claims surge 1.427m
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
Jordan Arab Global Commodities
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Volume 3,228,969 Turnover 3,175,141 No. of Trades: 1,731
31 Down 27 Flat 25 Up
No. of Traded Stocks : 83
Last Update: 5 July 11:30 AM
Latest News
Fujifilm collaborates with GRA, Dr Reddy’s for potential coronavirus drug Global Markets brief
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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 Macroeconomics
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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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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 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 Macroeconomics
Bahrain launched Cloud First Policy in 2017
Pakiza Abdulrahman: Gov’t leads cloud adoption in Bahrain; private sector is following – Interview Sector Reports
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 Event
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Companies Investments
Vera Futorjanski during a panel at RiseUp Summit 2019
Vera Futorjanski: Startups must focus on solving local challenges – Interview Sector Reports
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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 Sukuk and Islamic 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
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Arab Markets
The state budget includes expenditures of EGP 1.7 trillion
Egypt’s parliament approves EGP 80bn additional allocation to 20/21 budget Macroeconomics
90% of the late fees will be waived if the taxes are paid within 60 days
Egypt's parliament passes law to waive late fees on taxes Law
The market cap gained EGP 10.2 billion
EGX ends Sunday in green; market cap rises to 4-month high Trading Activities
The proposed dividends represents 10% of the share’s par value
MIS plans SAR 20m dividends for H1-20 Board of Directors
The new funding will help 1,525 young breeders
Egypt approves EGP 306m funding for veal project
The trading volume reached 303 million shares on Sunday
TASI gains 76 pts at Sunday’s close Trading Activities
KSA recorded 1,980 new recoveries over 24 hours
KSA reports 3,580 COVID-19 cases on Sunday
Emirates SkyCargo aims to be in line with growing economic activities
Emirates SkyCargo to add 100 destinations from July Companies Investments
Expired residence visas will be extended for expats abroad
Saudi Arabia renews residence permits for 3M Macroeconomics
Fujifilm collaborates with GRA, Dr Reddy’s for potential coronavirus drug Global Reports
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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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