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24 October 12:17 AM

Goldman Sachs fined $350m in Hong Kong over 1MDB scandal

Mubasher: Hong Kong's market regulator fined Goldman Sachs's Asian business $350 million for its role in raising billions of dollars for 1MDB.
Microsoft partners with Alaska Airlines, SkyNRG to cut CO2 emissions
Southwest sees biggest-ever quarterly loss on coronavirus
PayPal to launch cryptocurrency service for customers
Intel to sell NAND business to S.Korean chipmaker for $9bn
NASA selects Nokia to build moon’s first 4G mobile network
Kuwait Arab Global Commodities
BKP
6,230.87 0.00% 0.00
Volume 202,287,967 Turnover 34,078,580 No. of Trades: 9,696
83 Down 25 Flat 27 Up
No. of Traded Stocks : 135
Last Update: 22 October 12:30 PM
Latest News
Goldman Sachs fined $350m in Hong Kong over 1MDB scandal Global Reports
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Microsoft partners with Alaska Airlines, SkyNRG to cut CO2 emissions Global Reports
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Southwest sees biggest-ever quarterly loss on coronavirus Global Reports
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PayPal to launch cryptocurrency service for customers Global Reports
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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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Mubasher Exclusive
Zedny was founded in 2018
Online platforms for professional development - Interview with Zedny Global Economy
The webinar discussed the Road to Digital Transformation and Innovation
Industry leaders discuss the future of digital transformation Global Economy
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 Markets Regulations
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? Event
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 Sukuk has a 3.326% annual fixed return rate payable semi-annually.
ANB offers $750m in Sukuk Banking and Finance
Both of the Sukuk listing price and return will be subject to market conditions.
ANB starts issuing US dollar-denominated Tier 2 capital Sukuk Sukuk and 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 Ratings
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 Sukuk and Islamic 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 Banking and 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 Banking and Finance
The credit facility will enable the company to redeem the Sukuk
Dana Gas enters $90m credit facility agreement with Mashreq Bank Sukuk and Islamic Finance
The Sukuk issuance aims to enhance the bank's capital base
KIB obtains CMA's approval to $300m Sukuk issuance Sukuk and Islamic Finance
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Arab Markets
A substation will be established in Mesaieed at a cost of EGP 396.52 million
Egypt’s Sinai power supply phase one sees EGP 1.64bn investments
The market cap value dropped by EGP 8.76 billion
EGX30 ends Thursday below 11,000 pts as CIB’s stock suspended Trading Activities
Goldman Sachs fined $350m in Hong Kong over 1MDB scandal Global Reports
Telecommunication services and banks gained 1.48% and 0.66%, respectively, on Thursday.
TASI closes Thursday's session in green Trading Activities
Microsoft partners with Alaska Airlines, SkyNRG to cut CO2 emissions Global Reports
Minister of Trade and Industry, Nevine Gamea
US investments in Egypt reach $21.8bn Macroeconomics
Revenues slipped to SAR 586.83 million over Q3-20.
SASCO records 34% higher profit in Q3 Financial Results
The lender’s earnings hit SAR 382.6 million in Q3-20.
Bank Albilad reports 17% profit hike in Q3 Banking and Finance
Egypt's President Abdel Fattah El-Sisi
El-Sisi approves amendment to Abu Senan oil exploration deal Law
The bonds have attracted a quality order book of more than $1.4bn
CBD issues $600m Additional Tier 1 perpetual bonds Banking and Finance
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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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