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11 August 12:31 PM

Marriott sees greater-than-expected quarterly loss

Marriott International reported on Monday a bigger-than-expected quarterly loss, as room bookings and global travel were hit hard by the coronavirus crisis.

Senators urge US Trade Representative to lift tariffs on EU goods
Unilever may cancel HQ unification plan over Dutch exit tax
The profits plunged by 96.1% annually in Q2
CBK’s profits shrink 88% in H1-20
Egypt's Minister of International Cooperation, Rania El-Mashat
Egypt launches first platform for closing the gender gap accelerator
Central Bank of Kuwait
Kuwait’s foreign reserves up 21% in June
Kuwait Arab Global Commodities
BKP
5,605.26 1.05% 58.31
Volume 175,505,614 Turnover 33,909,689 No. of Trades: 6,044
50 Down 19 Flat 48 Up
No. of Traded Stocks : 117
Last Update: 12:16 PM
Latest News
Marriott sees greater-than-expected quarterly loss Global Reports
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Senators urge US Trade Representative to lift tariffs on EU goods Global Reports
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Unilever may cancel HQ unification plan over Dutch exit tax Global Reports
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The profits plunged by 96.1% annually in Q2
CBK’s profits shrink 88% in H1-20 Financial Results
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Egypt's Minister of International Cooperation, Rania El-Mashat
Egypt launches first platform for closing the gender gap accelerator Global Economy
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The joined members can now provide brokerage services for derivatives trading
Tadawul welcomes five members to derivatives market Derivatives
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Traded volumes registered 196.43 million shares
Boursa Kuwait ends Sunday in gains Trading Activities
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Central Bank of Kuwait
Kuwait’s foreign reserves up 21% in June Macroeconomics
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The third stage will be conducted on 5,000 participants in the kingdom
Saudi Arabia starts phase three clinical trial of COVID-19 vaccine Global Economy
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Lufthansa plans for compulsory job cuts Global Reports
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Mubasher Exclusive
The price of 24-karat gold amounted to EGP 1,046 per gram
Egypt's gold prices rise to all-time high Macroeconomics
The price of 24-karat gold stood at EGP 958.85 per gram
Gold prices register new record high in Egypt Commodities
The sensor could be used in NASA's next Venus rover
Egyptian engineer wins NASA design competition Global Economy
The government pays farmers between EGP 670 and EGP 700 per ardeb
Egypt buys 3.5m tonnes of local wheat since mid-April Commodities
Trading volumes reached its highest level since 19 March
Boursa Kuwait indices attain gains Tuesday Trading Activities
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 Stock Evaluations
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Islamic Finance
The total Sukuk issuance retreated by 12% in H1-20
Sukuk issuance to decrease 5% in 2020 - Moody's Sukuk and Islamic Finance
The Sukuk aims to reinforce the bank's capital
Khaleeji Commercial Bank finalises $159m Sukuk issuance Banking and Finance
The transaction will significantly strengthen the lender’s financial position
Khaleeji Commercial Bank issues $159m Sukuk Sukuk and Islamic Finance
The Nile Delta Sukuk will mature on 31 October
Dana Gas appoints financial adviser for Nile Delta Sukuk Banking and Finance
The par value of each bond is SAR 1 million
SABB offers SAR 5bn local Sukuk Sukuk and Islamic Finance
Sarwa Capital achieved net profits of EGP 93.78 million in Q1-20
Sarwa Capital's unit eyes EGP 2.5bn Sukuk issuance Sukuk and Islamic Finance
Amer Group achieved net profits of EGP 10.65 million in Q1-20
Amer inks protocol with Misr Capital, Sarwa to study Sukuk issuance Corporate Actions
This listing is DP World’s inaugural perpetual issuance
DP World lists $1.5bn perpetual Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
The issuance will target experienced investors residing in Saudi Arabia
SABB announces 1st local Sukuk issuance Sukuk and Islamic Finance
The offering aims to meet SABB’s financial and strategic needs
SABB sets up local Sukuk programme Sukuk and Islamic Finance
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Arab Markets
The country’s external debt is forecast to retreat to 21.8% of GDP in FY21/22
IMF sees Egypt's GDP growth at 6.5% in FY21/22 Macroeconomics
The deal will stimulate capital financing to small and medium-sized enterprises
SVC signs investment deal with technology investment fund Companies Investments
The EPS settled at AED 0.0002 in H1-20
Amanat's net profits dip 98% in H1-20 Financial Results
The amendments will be effective as of Wednesday, 12 August.
EGX announces list of securities eligible for short selling Trading Activities
The country’s annual headline inflation rate rose by 0.2% in July
Egypt’s annual core inflation falls to 0.7% in July – CBE Central Banks
The insurer's gross written premium grew by 6.9%
Salama's net profits increase to AED 47m in H1-20 Financial Results
The profits came in at SAR 8.03 million in Q2-20
Arabian Shield sees 69% higher profits in Q2 Financial Results
The company's revenues decreased to AED 387m
Arkan profits down to AED 2m in H1-20 Real estate
The company's net written premiums fell by 7.22% yearly in Q2-20
Al Rajhi for Cooperative Insurance Q2 profits jump 87% Financial Results
Photo Archive
SAMA greenlights Al Ahlia Insurance, Gulf Union merger Mergers and Acquisitions
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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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