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08 December 03:36 AM

US federal aviation admin to impose $3.9m fine on Boeing

Mubasher: The US Federal Aviation Administration (FAA) is seeking to impose a $3.9 million fine on Boeing Company, according to Reuters.
OPEC+ output cuts may be eased on drop in inventories
Oil futures mark highest settlement in over 2M on Friday
Gold settles $18 lower on Friday  
Nevada’s public utilities commission approves $1bn solar project
Saudi Arabia leads OPEC+ to agree on more output cuts
Morocco Arab Global Commodities
MASI
11,764.13 0.59% 69.47
Volume 1,055,797 Turnover 114,314,760 No. of Trades: 753
12 Down 7 Flat 30 Up
No. of Traded Stocks : 49
Last Update: 6 December 02:40 PM
Latest News
US federal aviation admin to impose $3.9m fine on Boeing Global Reports
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OPEC+ output cuts may be eased on drop in inventories Global Markets brief
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Oil futures mark highest settlement in over 2M on Friday Oil and Energy
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Gold settles $18 lower on Friday   Goods and Metals
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Nevada’s public utilities commission approves $1bn solar project Oil and Energy
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Saudi Arabia leads OPEC+ to agree on more output cuts Global Markets brief
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Kuwaiti oil minister Khaled Al Fadel
Kuwait’s oil minister rebuffs reported OPEC agreement on supply cuts International Agreements
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Phoenix Group acquires Swiss Re’s UK unit for $4.3bn Global Reports
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Kuwaiti crude oil settled at $64.43 pb
Kuwaiti oil barrels settle 1.61% higher on Thursday Commodities
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Novak met his Saudi counterpart Prince Abdulaziz bin Salman
Saudi-Russian trade exchange grows 54% in 9M–Novak
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Mubasher Exclusive
Founder and CEO of ArabNet, Omar Christidis
Arabnet Riyadh 2019 is packed with initiatives – CEO Interview Global Economy
Branch of Attijariwafa Bank Egypt
FRA approves Attijariwafa’s insurance unit request to expand in Egypt Banking and Finance
Hatem Sleiman, Regional Vice President - Middle East, Pakistan & Afghanistan, Western Union
Sleiman in Interview – Western Union starting to leverage platform in new ways Banking and Finance
Egypt imported 11 million tonnes of wheat in 2018
Egypt inspects Russian wheat shipments after explosion – Official Commodities
Egypt will pay farmers between EGP 655 and EGP 685 per ardeb
Egypt pays EGP 14.5bn for local wheat since April Macroeconomics
Egypt has purchased 3.2 million tonnes of local wheat
Egypt’s strategic wheat reserves sufficient for 5M Macroeconomics
The supply ministry aims to buy 3.6 million tonnes of local wheat
Egypt pays EGP 14bn for local wheat since April – Minister Commodities
Egypt will pay farmers between EGP 655 and EGP 685 per ardeb
Egypt receives 3.2m tonnes of local wheat since April Macroeconomics
Corporate portfolio reached EGP 11.4 billion in December 2018
Attijariwafa Bank mulls launching new investment arms in Egypt – Interview Banking and Finance
‘Ai Everything Summit 2019’ kicked off in Dubai on 30 April
UAE leads GCC in adopting Fourth industrial revolution Companies Investments
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Islamic Finance
The agreement is set to allow for the exchange of knowledge and experience
Dubai IEDC, Saudi Islamic Economics Institute sign cooperation pact Sukuk and Islamic Finance
Nasdaq Dubai became a multi-currency listing hub
Nasdaq Dubai welcomes listing of EUR 1bn green sukuk by Saudi IsDB Banking and Finance
CIAF Leasing will be the issuer of $50 million worth of sukuk
Egypt to issue 1st corporate sukuk in weeks – FRA official Sukuk and Islamic Finance
KIB will manage QIIB’s $300 million sukuk issuance
KIB named as manager of QIIB’s $300m sukuk issuance Sukuk and Islamic Finance
ICD Headquarters - Jeddah, Saudi Arabia
ICD signs $10m finance deal with Uzbekistan’s AAB Banking and Finance
Ministry of Finance
Saudi Arabia closes November Sukuk issuance
Banks providing the finances are led by Samba Financial Group
Arabian Centres inks $1.4bn Murabaha, Ijara deals Sukuk and Islamic Finance
The five-year Sukuk certificates have a 5.375% return
Arabian Centres issues $500m Sukuk Sukuk and Islamic Finance
Photo Archive
Advanced Petrochemical redeems SAR 1bn Sukuk Sukuk and Islamic Finance
The purpose of the SAR 100 million bank facility is to finance assigned projects
Al Moammar, Albilad ink Islamic finance deal Sukuk and Islamic Finance
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Arab Markets
US federal aviation admin to impose $3.9m fine on Boeing Global Markets brief
DXB received 334,241 passengers on 5 days
Dubai’s ports receive 808,000 passengers on commemoration, national days Macroeconomics
Finsa operates across 80 countries
Spain’s Finsa Middle East opens new regional office in Dubai Companies Investments
Qatar tops the list of importers in GCC
Kuwaiti non-oil exports fall 0.9% YoY in November Macroeconomics
Sales grew to KWD 825m in Q3
Commercial sector drags down property sales in Kuwait – NBK Macroeconomics
There are five investment zones in Egypt
Egypt to launch 12 investments zones to attract EGP 78bn Macroeconomics
Both fields were supplying 500,000 bpd
Saudi Arabia, Kuwait to resume production from joint oilfields “very soon” Macroeconomics
Aramco’s IPO raised $25.6 billion
Wider industry downturn affects Aramco’s valuation – Minister Initial Public Offerings
OPEC+ output cuts may be eased on drop in inventories Oil and Energy
Oil futures mark highest settlement in over 2M on Friday Oil and Energy
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International Markets
Global food prices hit 2-year peak in November
Ten wild predictions that could change global economy in 2020
Gensource Potash Corp drills new well in Canadian area
Pop singer Akon “serious” taking on Trump in 2020 race
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