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22 January 03:12 PM

Sputnik V is the third COVID-19 vaccine approved in the UAE
UAE approves Russia's Sputnik vaccine for emergency use

UAE - Mubasher: The UAE Ministry of Health and Prevention has approved the Russian coronavirus (COVID-19) vaccine, Sputnik V, for emergency use, the Emirates News Agency (WAM) reported. Sputnik V is the third COVID-19 vaccine to be approved for …
Part of the facility has a 3-year term
Agility raises credit facility with local, international banks to KWD 240m
Biden to be sworn in as US President on Wednesday
Bahrain expected to raise $2 billion in bond sale
Britain’s inflation starts climb as Covid, Brexit effects combine
EFG Hermes came in second ranking on the ADX
EFG Hermes tops brokerage firms in Egypt, Kuwait, Dubai, Kenya
Kuwait Arab Global Commodities
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Latest News
Sputnik V is the third COVID-19 vaccine approved in the UAE
UAE approves Russia's Sputnik vaccine for emergency use Global Economy
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Part of the facility has a 3-year term
Agility raises credit facility with local, international banks to KWD 240m Banking and Finance
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Biden to be sworn in as US President on Wednesday Global Reports
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Bahrain expected to raise $2 billion in bond sale Global Reports
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Britain’s inflation starts climb as Covid, Brexit effects combine Global Reports
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EFG Hermes came in second ranking on the ADX
EFG Hermes tops brokerage firms in Egypt, Kuwait, Dubai, Kenya
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Bank of America sees lower profits in Q4-20 Global Reports
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Tesla starts delivering first Shanghai-made Model Y crossovers in China Global Reports
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IEA lowers 2021 global oil demand outlook amid COVID-19 Oil and Energy
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The supercomputer is named after the first oil well discovered in Saudi Arabia.
Saudi Aramco, STC launch Dammam 7 supercomputer Companies Investments
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Islamic Finance
The Sukuk issuances were divided into two tranches.
Saudi MoF closes January issue of local Sukuk Program at SAR 2.95bn Banking and Finance
Each of the minimum subscription value and Sukuk par value amounts to $200,000.
NCB starts issuing USD-denominated Additional Tier 1 Sukuk Sukuk and Islamic Finance
The Sukuk offering end date is 9 February 2021.
Riyad Bank starts offering Tier 2 Sukuk Banking and Finance
The potential offer aims is to strengthen the bank’s capital base.
Riyad Bank plans issuing Tier 2 Sukuk Sukuk and Islamic Finance
The potential offer aims to enhance the bank's tier 1 capital.
NCB plans issuing dollar Additional Tier 1 Sukuk Sukuk and Islamic Finance
The Sukuk was issued at MS+90bps
FAB issues five-year $500m Sukuk Banking and Finance
The GCC governments have issued $47.5 billion bonds
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Sukuk maturities are predicted to be at $115.7 billion over the next five years.
GCC governments could see $157.1bn in fixed income maturities in 5 yrs Sector Reports
The issuance of the Sukuk is managed by EFG Hermes
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FRA expects Sukuk issuances worth EGP 10 billion in 2021
Egypt’s FRA approves third Sukuk issuance in 2020 valued at EGP 600m Macroeconomics
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Arab Markets
Canal Shipping Agencies posted net profits of EGP 41.05 million in three months
Canal Shipping Agencies names new CEO, Managing Director Board of Directors
Banks will be reopened on Sunday, 31 January
CBE announces 25 January Revolution holiday Central Banks
The AOI also agreed with TAQA Arabia to establish natural gas refuelling stations
Egypt’s AOI inks cooperation protocol to manufacture natural gas cylinders Macroeconomics
Bahri’s unit will use the loan in covering 80% of the cost of building 10 chemical tankers.
Bahri’s unit secures SAR 1.2bn Murabaha facility from Samba Companies Investments
The solar landfill project will produce up to 120MW of clean energy
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Revenue for the October-December period of 2020 fell by 9.1% annually.
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These projects have resulted in economic benefits
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The decision will help drive new investments into the education sector
CIRA reveals impact of cancelling cap on foreign ownership of schools
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International Markets
Eurozone manufacturing growth at fastest pace since May 2018
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