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24 November 05:34 PM

Airlines to record $157bn losses in 2020, 2021 - IATA

The IATA warned of $157 billion losses expected to be witnessed by airlines in 2020 and 2021 due to COVID-19.
Elon Musk becomes world's second-richest person
The assets of UAE banks rose by 3.2% QoQ in Q3-20
UAE's listed banks record highest growth in assets in GCC in Q3-20
AstraZeneca-Oxford COVID-19 vaccine can be 90% effective
The dual-listed firm is intensifying efforts to support the supply chain
Agility Public Warehousing joins FTSE4Good Index Series
The investments include minority stakes in companies such as Snowflake
GFH invests in pre-IPO, global tech companies
Kuwait Arab Global Commodities
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Latest News
Airlines to record $157bn losses in 2020, 2021 - IATA Global Reports
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Elon Musk becomes world's second-richest person Global Reports
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The assets of UAE banks rose by 3.2% QoQ in Q3-20
UAE's listed banks record highest growth in assets in GCC in Q3-20 Banking and Finance
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AstraZeneca-Oxford COVID-19 vaccine can be 90% effective Global Reports
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The dual-listed firm is intensifying efforts to support the supply chain
Agility Public Warehousing joins FTSE4Good Index Series
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The investments include minority stakes in companies such as Snowflake
GFH invests in pre-IPO, global tech companies Mergers and Acquisitions
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Pfizer and BioNTech vaccine is called BNT162b2.
Pfizer says final data shows coronavirus vaccine is 95% effective Global Economy
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The Danish firm recorded a 39% quarterly rise in EBITDA.
Maersk sees faster-than-expected quarterly rebound Global Economy
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Its results will be registered in Q4-20
IFA lowers share in First Takaful Insurance to settle debts Management Decisions
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Amazon enters online pharmacy business   Global Reports
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Mubasher Exclusive
Zedny was founded in 2018
Online platforms for professional development - Interview with Zedny Macroeconomics
The webinar discussed the Road to Digital Transformation and Innovation
Industry leaders discuss the future of digital transformation Event
The price of 21-karat gold registered EGP 825 per gram
Egypt's gold prices drop on lower global prices Commodities
Saudi Stock Exchange (Tadawul)
Your guide to the new Saudi derivatives market - Infographic Markets Regulations
The derivatives market will be launched on Sunday, 30 August
Investors awaiting launch of Saudi derivatives market next week Event
COVID-19 made investments in healthcare a top priority
COVID-19 and the future of digital healthcare services Event
This recession is forecast to drive lower investments
What should the world learn from the COVID-19 crisis? Global Economy
Technology will help bring the best quality of education to all pupils
The rise of EdTech amid a pandemic; ephemeral boom or a new era? Event
Careem expanded its services in Egypt and the GCC
The story behind the region's first multi-service super app Event
The three-day event was held between 13 and 15 August
How can businesses prepare for the next pandemic? Event
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Islamic Finance
The Sukuk was oversubscribed 5.7 times
DIB lists $1bn Sukuk on Nasdaq Dubai Banking and Finance
CIRA reported net profits of EGP 330.4 million in nine months
CIRA mulls issuance of Ijara Sukuk Sukuk and Islamic Finance
The hired banks comprise Bank ABC, CBD
DAE hires banks for US dollar Sukuk issuance Sukuk and Islamic Finance
DIB has achieved the lowest yield by any bank globally
DIB closes lowest yield AT1 Sukuk Sukuk and Islamic Finance
The banks will act as joint lead managers and joint bookrunners
DIB mandates banks for additional Tier 1 Sukuk issuance Sukuk and Islamic Finance
The law will allow the country to enter the Islamic finance sector
Egypt’s cabinet approves draft law on sovereign Sukuk Macroeconomics
Photo Archive
Banque Saudi Fransi completes SAR 5bn Additional Tier 1 Sukuk issue Banking and Finance
The company has repurchased $221m of the Sukuk
Dana Gas fully redeems $309m outstanding Sukuk Sukuk and Islamic Finance
The capital will also support the development of Islamic financing activities
IsDB's private arm lists $600m Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
Etihad has hired HSBC and Standard Chartered as joint global coordinators
Etihad Airways begins marketing US dollar transition Sukuk Sukuk and Islamic Finance
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Arab Markets
Minister of Transport, Kamel El-Wazir
Huawei Egypt signs training agreement with Trans IT Macroeconomics
Airlines to record $157bn losses in 2020, 2021 - IATA Global Reports
Saudi employees working in the new store represent 48% of total staff.
Jarir Marketing opens new store in Dawadmi governorate Companies Investments
The 22-station monorail will extend for 56.5 kilometres
Egypt names monorail station as 1-Ninety Macroeconomics
The market’s liquidity stood at SAR 13.66 billion on Tuesday.
TASI wins 25.31 pts at Tuesday’s close Trading Activities
The park is planned to have a total capacity of 5,000 MW by 2030
Mohammed bin Rashid Solar Park's third phase inaugurated with 800MW capacity Macroeconomics
Photo Archive
Tadawul delists SAR 3bn worth of government debt instruments Markets Regulations
The investment cost of the project's first phase is estimated at EGP 2.8 billion
Egypt inks deal to establish National Egyptian Railway Industries Co Macroeconomics
The deals are likely to reflect positively on Saudi Re’s financials starting from 2021.
Saudi Re inks reinsurance deals with Probitas Corporate Capital Companies Investments
Groceries, healthcare, apparel, and banking have seen the highest surge of online activity.
77% of Saudi consumers shop more online since pandemic began, shows study Macroeconomics
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International Markets
Eurozone manufacturing sector sees strongest growth in over two years
Eurozone inflation turns negative for first time in four years
Global markets may return to fundamentals in 2020 –Emirates NBD
BOE maintains rates at 0.75%, drops limited and gradual tightening
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