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Ford reports stronger-than-expected Q3 profit as demand revives  

Ford achieved a higher-than-expected third-quarter net profit as demand for cars and trucks recovered from coronavirus shutdowns.
Credit Suisse third-quarter profits fall 38%
Boeing to cut more jobs as fourth quarterly loss reported
GE sees smaller loss as business recovers from pandemic
Airlines need to cut jobs to save cash - IATA
The kingdom had an overall 2020 index value of 57.5 in 2020.
Saudi Arabia advances in Global Pension Index
Morocco Arab Global Commodities
MASI
10,460.66 0.00% 0.00
Volume 264,817 Turnover 91,890,010 No. of Trades: 790
27 Down 6 Flat 11 Up
No. of Traded Stocks : 44
Last Update: 28 October 02:40 PM
Latest News
Ford reports stronger-than-expected Q3 profit as demand revives   Global Reports
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Credit Suisse third-quarter profits fall 38% Global Reports
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Boeing to cut more jobs as fourth quarterly loss reported Global Reports
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GE sees smaller loss as business recovers from pandemic Global Reports
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Airlines need to cut jobs to save cash - IATA Global Reports
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The kingdom had an overall 2020 index value of 57.5 in 2020.
Saudi Arabia advances in Global Pension Index Global Economy
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AMD to acquire competitor chipmaker Xilinx for $35bn Global Reports
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Global FDI flows shrink 49% in H1-20 amid COVID-19 Global Reports
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BP returns to profits in Q3 on improving oil demand Global Reports
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Ant Group to raise $34.4bn in world record-breaking IPO Global Reports
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Zedny was founded in 2018
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COVID-19 made investments in healthcare a top priority
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Islamic Finance
Etihad has hired HSBC and Standard Chartered as joint global coordinators
Etihad Airways begins marketing US dollar transition Sukuk Sukuk and Islamic Finance
The issuance size was set at SAR 270 million.
Saudi MoF: October 2020 issuance of SAR-denominated local Sukuk programme closed Banking and 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 Banking and 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
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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 Sukuk and Islamic Finance
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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 Real estate
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Arab Markets
EGX30 lost 4.31% in October
EGX indices decline during October Trading Activities
The market's turnover amounted to SAR 7.868 billion on Thursday.
TASI falls 2.65% at Thursday’s close Trading Activities
Third-quarter revenue amounted to SAR 99.95 million.
Nama Chemicals’ losses deepen 55% in Q3 Financial Results
The credit facility will finance the North of Riyadh Hospital project.
Sulaiman Al Habib’s unit receives SAR 2.2bn loan from SABB Companies Investments
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MIS to pen SAR 40m deal with Saudi health ministry Companies Investments
The growth in quarterly earnings was helped by an increase in sales’ volume and value.
Al Jouf Cement profits skyrocket 643% in Q3 Financial Results
Ford reports stronger-than-expected Q3 profit as demand revives   Global Reports
Credit Suisse third-quarter profits fall 38% Global Reports
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OMV, Mubadala complete Borealis transaction Companies Investments
The number of used POS devices hit a 50.9% yearly growth in September 2020.
Saudi POS sales climb 33% in September Sector Reports
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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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