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02 July 11:17 AM

Asia's economy likely to contract 1.6% in 2020

The IMF expected that Asia's economy will retreat by 1.6% for the first time in history during 2020.
EasyJet to slash jobs in Berlin, cancel German domestic flights
The ratings and outlook reflect the satisfactory level of debt
CI affirms Al Imtiaz's long-term credit rating at 'BBB'; outlook stable
Turnover increased by 13.7% to KWD 20.57m
Boursa Kuwait's indices collectively fall on Wednesday
Moody's has affirmed the bank's long-term deposit rating at 'A3'
Moody's affirms Boubyan Bank's credit ratings; outlook stable
UK's economy slides to 40-year low in Q1-20
Kuwait Arab Global Commodities
BKP
5,606.43 0.72% 40.04
Volume 42,060,084 Turnover 8,560,994 No. of Trades: 2,863
40 Down 12 Flat 46 Up
No. of Traded Stocks : 98
Last Update: 11:07 AM
Latest News
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 Markets brief
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The ratings and outlook reflect the satisfactory level of debt
CI affirms Al Imtiaz's long-term credit rating at 'BBB'; outlook stable Ratings
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Turnover increased by 13.7% to KWD 20.57m
Boursa Kuwait's indices collectively fall on Wednesday Trading Activities
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Moody's has affirmed the bank's long-term deposit rating at 'A3'
Moody's affirms Boubyan Bank's credit ratings; outlook stable Ratings
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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 Commodities
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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 Currencies
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UK aims to sell GBP 275bn of debt in 5M Global Economy
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Mubasher Exclusive
Trading volumes reached its highest level since 19 March
Boursa Kuwait indices attain gains Tuesday Trading Activities
IEA sets $3trn green economic recovery plan Global Reports
Traded volumes increased by 60.3% to 198.45 million shares
Boursa Kuwait up for third day in row Trading Activities
Kuwaiti Banking Association decided not to distribute dividends in 2020
Boursa Kuwait falls at Wednesday’s close Trading Activities
Traded volume dropped to 242.21 million shares on Tuesday
Boursa Kuwait closes Tuesday higher for fourth session in row Trading Activities
Traded volumes reached 151.69 million shares on Tuesday
Boursa Kuwait maintains upward trend on Tuesday Trading Activities
The trading volume totalled 177.19 million shares on Tuesday
Boursa Kuwait posts third rise in week on Tuesday Trading Activities
The market’s turnover grew by 50.3% to KWD 24.95 million
Boursa Kuwait ends Wednesday in red on selloff pressures Trading Activities
The turnover dropped by 1.2% daily on Tuesday
Boursa Kuwait posts first rise in week on Tuesday Trading Activities
The trading volume amounted to 195.25 million shares on Tuesday
Boursa Kuwait up on Tuesday; turnover rises 23% Stock Evaluations
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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 Banking and 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 Sukuk and Islamic 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 Banking and Finance
Emirates NBD's investment banking arm was the joint lead manager
IsDB issues first sustainability $1.5b Sukuk - Emirates NBD Capital Sukuk and Islamic Finance
The Sukuk issuance will be used to enhance the bank's liquidity
SIB's $500m Sukuk oversubscribed 7.2 times Sukuk and Islamic Finance
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Arab Markets
The MoC signing ceremony
Saudi health insurance council promotes fair competition practices Sector Reports
TAQA completed a merger deal with ADPower
Moody's upgrades TAQA's ratings to Aa3, P-1, outlook stable Ratings
Individual investors can subscribe to a maximum of one million shares
Amlak International’s IPO retail subscription begins today Initial Public Offerings
Eni holds 37.5% of working interest in the North El Hammad concession
Eni makes new gas discovery offshore Egypt Macroeconomics
Asia's economy likely to contract 1.6% in 2020 Global Reports
Listed companies are now exempt from paying fees for one year
Saudi CMA exempts listed firms, debt issuers from paying fees Macroeconomics
EasyJet to slash jobs in Berlin, cancel German domestic flights Global Markets brief
Recoveries from COVID-19 in KSA reached 132,760 today
Saudi Arabia reports 3,402 coronavirus cases on Wednesday
TASI settled higher by 0.40% on Wednesday
Tadawul ends Wednesday’s session higher Trading Activities
The ratings and outlook reflect the satisfactory level of debt
CI affirms Al Imtiaz's long-term credit rating at 'BBB'; outlook stable Ratings
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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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