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26 February 03:59 PM

Demand on naphtha in Japan could slow
KPC cancels second naphtha tender in two weeks

Mubasher: Kuwait Petroleum Corporation (KPC) cancelled a tender to sell naphtha, marking the second time to withdraw a tender in less than two weeks, Reuters reported on Wednesday. However, the company has not immediately confirmed the tender …
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The patients were among those who came from Iran
Kuwait confirms seven more coronavirus cases; takes count to 25
The new cases were amongst those who arrived from Iran
Bahrain confirms 3 more coronavirus cases; bringing total to 26
The resort will be used as a quarantine facility
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The decision comes into effect on Wednesday
Kuwait suspends flights with Singapore, Japan over coronavirus fears
Kuwait Arab Global Commodities
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Last Update: 24 February 12:30 PM
Latest News
Demand on naphtha in Japan could slow
KPC cancels second naphtha tender in two weeks Companies Investments
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Auto sales expected to decline amid coronavirus outbreak – Moody’s Global Reports
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The patients were among those who came from Iran
Kuwait confirms seven more coronavirus cases; takes count to 25 Global Economy
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Brent crude declined by $1.35 on Tuesday
Kuwait’s crude oil dips 17 cents on Tuesday – KPC Commodities
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The new cases were amongst those who arrived from Iran
Bahrain confirms 3 more coronavirus cases; bringing total to 26 Global Economy
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The resort will be used as a quarantine facility
Al Khiran Resort to be Kuwait's quarantine facility against coronavirus Global Economy
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The decision comes into effect on Wednesday
Kuwait suspends flights with Singapore, Japan over coronavirus fears Global Economy
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The new cases were among those who arrived from Iran
Kuwait confirms 3 more coronavirus cases Global Economy
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The new 787 airplanes will be powered by engines manufactured by GE Aviation
Japan’s ANA orders up to 20 Boeing 787 Dreamliner aircraft Global Economy
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Côte d’Ivoire registered an 8% GDP growth rate in 2019
Drogba backs Côte d’Ivoire by raising $15bn commitments for tourism Sector Reports
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Mubasher Exclusive
Turnover soared by 143.6% on Monday
Kuwaiti indices end Monday in decline on recent COVID-19 cases Trading Activities
Liquidity stood at KWD 41.7 million on Wednesday
Kuwaiti indices down on Wednesday amid high turnover Stock Evaluations
Photo Archive
Saudi oil exports down 10.75% in 2019 Macroeconomics
The technology segment led seven risers with 9.93%
Boursa Kuwait up on Monday amid thin liquidity Stock Evaluations
NBK logged the highest turnover with KWD 6.68 million
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MWC 2020 cancelled over coronavirus worries Global Reports
Al Mal Investment was the top winner with 62.07%
Kuwaiti indices mixed on Tuesday for 2nd session in row Trading Activities
The consumer goods sector headed six losers with 2%
Boursa Kuwait ends Sunday negative; new index down 0.54% Stock Evaluations
The consumer goods sector topped the winners with 1.96%
Boursa Kuwait closes Thursday in green; turnover down 15% Stock Evaluations
Oil and gas segment led nine losers with 0.71% on Wednesday
Kuwaiti indices slid on Wednesday; turnover up 8.4% Stock Evaluations
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Islamic Finance
Nasdaq Dubai has welcomed listing of $400m Sukuk by Dar Al-Arkan
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The five-year Sukuk issuance was oversubscribed 2.5 times
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Dar Al Arkan issues SAR 1.5bn unsecured Sukuk Sukuk and Islamic Finance
The offering will mature on 25 February
Riyad Bank completes 1st offering of int’l sukuk Banking and Finance
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Riyad Bank launches int’l Sukuk programme Sukuk and Islamic Finance
Photo Archive
Dar Alarkan intends to issue dollar Sukuk Banking and Finance
DIB's net income grew by 13% to AED 9.266 billion
DIB reports higher net profits at AED 5.102bn in 2019; dividends proposed Financial Results
Sukuk receiving bids worth a total of $4.59 billion
Boubyan Bank issues $750m Sukuk Sukuk and Islamic Finance
Photo Archive
Riyad Bank creates $3bn Sukuk programme Sukuk and Islamic Finance
Photo Archive
Tadawul issues AlBilad Saudi Sovereign Sukuk ETF terms Sukuk and Islamic Finance
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Arab Markets
The project is expected before the end of next June
UAE’s Arada plans new investment in Saudi Arabia in H1-20 Real estate
Demand on naphtha in Japan could slow
KPC cancels second naphtha tender in two weeks Companies Investments
Revenues fell to EGP 62.35 million
Prime Holding swings to losses in 2019 unaudited financials Financial Results
Auto sales expected to decline amid coronavirus outbreak – Moody’s Global Reports
SODIC reported net profits of EGP 721.24 million in 2019
SODIC’s MD reveals reason not to bid for Heliopolis Housing management Real estate
Egyptian exports to the US increased by 31% in 2019
Egyptian exports to US hit $2.9bn in 2019 Sector Reports
The cabinet approved a contract between NAT and a French company
Cabinet agrees on deal with French company for Metro 3rd line International Agreements
The terminal will be build over an area of 560,000 square metres
Alexandria Port Authority inks deal to build multi-purpose terminal Macroeconomics
The rise in sales resulted from higher sales volumes and prices
Saudi Ceramic achieves SAR 7.15m profits in 2019 Financial Results
The market cap value dropped by around AED 4.58 billion
ADX down on Wednesday; market cap records AED 514bn Stock Evaluations
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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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