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20 October 04:46 PM

Intel to sell NAND business to S.Korean chipmaker for $9bn

Mubasher: Intel Corp has reached an agreement to sell its NAND memory chip business to South Korea’s SK Hynix Inc for $9 billion.
NASA selects Nokia to build moon’s first 4G mobile network
Alibaba takes over hypermarket operator Sun Art in $3.6bn deal
Ant Group receives approval for listing on Hong Kong bourse
Oman is expected to dive into a 10% contraction in 2020.
Economic output in GCC countries expected to fall 6% this year, IMF says
The final Forbes list is composed of 750 multinational and large corporations headquartered in 45 countries.
Saudi Aramco ranked 1st regionally in Forbes "World's Best Employers" list; 26th globally
Kuwait Arab Global Commodities
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Latest News
Intel to sell NAND business to S.Korean chipmaker for $9bn Global Reports
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NASA selects Nokia to build moon’s first 4G mobile network Global Reports
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Alibaba takes over hypermarket operator Sun Art in $3.6bn deal Global Economy
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Ant Group receives approval for listing on Hong Kong bourse Global Reports
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Oman is expected to dive into a 10% contraction in 2020.
Economic output in GCC countries expected to fall 6% this year, IMF says Macroeconomics
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The final Forbes list is composed of 750 multinational and large corporations headquartered in 45 countries.
Saudi Aramco ranked 1st regionally in Forbes "World's Best Employers" list; 26th globally Global Economy
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CWB offers Patent and Trademark servics
UAE's Gulf Capital acquires majority stake in CWB Group Companies Investments
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Zedny was founded in 2018
Online platforms for professional development - Interview with Zedny Sector Reports
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The concession does not have a confirmed value
Agility's unit wins concession at Baghdad International Airport Companies Investments
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The impact of the settlement will be registered in the financial statements in Q4-20
IFA repays first installment in KWD 25m loan Companies Investments
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Mubasher Exclusive
Zedny was founded in 2018
Online platforms for professional development - Interview with Zedny Sector Reports
The webinar discussed the Road to Digital Transformation and Innovation
Industry leaders discuss the future of digital transformation Banking and Finance
The price of 21-karat gold registered EGP 825 per gram
Egypt's gold prices drop on lower global prices Macroeconomics
Saudi Stock Exchange (Tadawul)
Your guide to the new Saudi derivatives market - Infographic Trading Activities
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 Global Economy
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? Global Economy
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Islamic Finance
The planned Sukuk is part of a $3 billion Sukuk programme
Etihad Airways plans to sell US dollar transition Sukuk Sukuk and Islamic Finance
Photo Archive
Moody's assigns Baa3(hyb) Tier 2 ratings to ANB’s trust certificate Sukuk and Islamic Finance
The Sukuk issue will support the bank’s capital base and fulfill its financial and strategic needs.
ANB plans issuing US dollar-denominated Tier 2 capital Sukuk Banking and Finance
Both of the Sukuk listing price and return are subject to market conditions.
Banque Saudi Fransi starts issuing SAR-denominated Additional Tier 1 Sukuk Sukuk and Islamic Finance
Photo Archive
Banque Saudi Fransi plans issuing SAR-denominated Additional Tier 1 Sukuk Banking and Finance
The loan will finance Porto October’s 1.38 million sqm project
Porto Group inks EGP 500m Musharakah deal with Banque Misr Companies Investments
The credit facility will enable the company to redeem the Sukuk
Dana Gas enters $90m credit facility agreement with Mashreq Bank Companies Investments
The Sukuk issuance aims to enhance the bank's capital base
KIB obtains CMA's approval to $300m Sukuk issuance Banking and Finance
The bonds or Sukuk are valued at $1 billion in aggregate
Tabreed authorises board to issue $1bn bonds and/or Sukuk Companies Investments
The Sukuk issuance was 2.4 times oversubscribed
Emirates Islamic lists $500m Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
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Arab Markets
Photo Archive
Tadawul delists government debt instruments worth SAR 2.15bn Trading Activities
The turn to loss was driven by a slump in the average selling prices of products.
Saudi Kayan moves to SAR 28m loss in Q3 Financial Results
The planned Sukuk is part of a $3 billion Sukuk programme
Etihad Airways plans to sell US dollar transition Sukuk Companies Investments
The company's profits slid to SAR 397.53 million in Q3-20.
SAFCO logs 4% lower earnings in Q3 Financial Results
The performance of exports improved in the third quarter
Egypt’s printing and packaging exports rise 20% in nine months Macroeconomics
Minister of Communications and Information Technology, Amr Talaat
Egypt’s MCIT keen on helping startups achieve sustainable growth
The ministry has conducted 112,196 COVID-19 tests
UAE registers 1,077 new COVID-19 cases
The First International Summit will take place on Wednesday, 4 November 2020.
Saudi Standards to host First International Summit of Standards Macroeconomics
The Fund is part of the peace accord
UAE, US, Israel form $3bn Abraham Fund for regional economic growth Macroeconomics
Bee’ah will help transform Madinah into a sustainable city of the future.
Bee'ah secures contract to service Madinah holy city Companies Investments
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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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