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07 July 12:22 PM

The airline aims to operate nearly 45% of its pre-COVID capacity by August
Etihad Airways to expand services to 58 cities worldwide

Abu Dhabi - Mubasher: Etihad Airways announced the gradual expansion of normal scheduled services to more cities across its global network following the relaxation of COVID-19 travel restrictions on outbound and inbound travel for citizens and …
Big four auditors in UK to separate practices by mid-2024
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Morocco Arab Global Commodities
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The airline aims to operate nearly 45% of its pre-COVID capacity by August
Etihad Airways to expand services to 58 cities worldwide Companies Investments
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The offers will be received on Tuesday 12:00 pm
Egypt launches int’l wheat tender Commodities
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Big four auditors in UK to separate practices by mid-2024 Global Reports
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The government pays farmers between EGP 670 and EGP 700 per ardeb
Egypt buys 3.5m tonnes of local wheat since mid-April Commodities
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Uber acquires on-demand food delivery app Postmates for $2.65bn Global Economy
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Fields in the zone could produce around 500,000 b/d
Saudi Arabia, Kuwait resume oil output from Al Wafra, Khafji Commodities
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Aramco raised August prices to all markets
Saudi Aramco raises August oil prices Commodities
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Fujifilm collaborates with GRA, Dr Reddy’s for potential coronavirus drug Global Economy
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US initial jobless claims surge 1.427m Global Reports
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Asia's economy likely to contract 1.6% in 2020 Global Reports
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Mubasher Exclusive
The government pays farmers between EGP 670 and EGP 700 per ardeb
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Islamic Finance
The issuance will target experienced investors residing in Saudi Arabia
SABB announces 1st local Sukuk issuance Banking and Finance
The offering aims to meet SABB’s financial and strategic needs
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The Sukuk programme is valued at a maximum KWD 2 billion
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Indonesia is the largest Sukuk issuer on Nasdaq Dubai
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The issuance was a tap on a $1 billion Sukuk
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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 Banking and Finance
The bank has set a margin of return at 240 bps
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The bank has tightened the price guidance for the notes
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Arab Markets
First Abu Dhabi Bank (FAB) registered the highest turnover of AED 47.09 million
ADX ends Tuesday in green for 3rd session in row Trading Activities
Saudi gold output advanced by 5% YoY in 2019
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Kuwaiti crude price reached $44.05 per barrel
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Egypt secured a $2.7 billion loan from the IMF
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A total of 295 water projects have been established at a cost of EGP 38.5 billion
Egypt implements water, wastewater projects at EGP 58.5bn Macroeconomics
The airline aims to operate nearly 45% of its pre-COVID capacity by August
Etihad Airways to expand services to 58 cities worldwide Sector Reports
Lift Slab Misr aims to increase and diversify its revenue streams
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The company is looking to develop a club at Porto Said project
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The company is expected to record a 17-20% drop in total revenue in 2020
Network International expects H1 revenue at about $134m Financial Results
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International Markets
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BOE maintains rates at 0.75%, drops limited and gradual tightening
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