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09 July 10:38 AM

United States to leave WHO next year

The United States will withdraw from the World Health Organization (WHO) on 6 July 2021.

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
Uber acquires on-demand food delivery app Postmates for $2.65bn
Jordan Arab Global Commodities
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The decision was made after reviewing Brent prices from April to June
Egypt keeps fuel prices on hold for 3M Commodities
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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 Sector Reports
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The offers will be received on Tuesday 12:00 pm
Egypt launches int’l wheat tender Commodities
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Big four auditors in UK to separate practices by mid-2024 Global Reports
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The government pays farmers between EGP 670 and EGP 700 per ardeb
Egypt buys 3.5m tonnes of local wheat since mid-April Commodities
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Uber acquires on-demand food delivery app Postmates for $2.65bn Global Economy
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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
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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
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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 Sector Reports
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 Macroeconomics
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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 Banking and 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 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 Sukuk and Islamic 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
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Arab Markets
Saudi oil production slid to 8.5 million b/d last May
Saudi industrial production down 15.5% in May Macroeconomics
The decision was made after reviewing Brent prices from April to June
Egypt keeps fuel prices on hold for 3M Commodities
The prices of meat and poultry decreased by 5.6%
Egypt’s annual headline inflation slows down to 6% in June – CAPMAS Macroeconomics
Production lines are now working at full capacity
Zahrat Al Waha completes production lines maintenance Companies Investments
Saudi Minister of Finance, Mohammed Al Jadaan
G20 explores sustainable financing to emerging markets Macroeconomics
The contract’s value is more than SAR 663,000
ANB to seal SAR 663K insurance deal with Walaa Cooperative Companies Investments
The project includes seven new stations to transport 125,000 passengers per day
Dubai Metro Red Line extension project launched at AED 11bn cost Macroeconomics
The market’s turnover amounted to EGP 1.6 billion
EGX ends Wednesday on varied note Trading Activities
The UAE registered the highest number of projects with 445 projects
Egypt tops Arab destinations for FDI in 2019 – Report Macroeconomics
The trading volume totalled 317.677 million shares
Tadawul marginally down at Wednesday's close Trading Activities
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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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