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28 October 06:44 PM

Boeing to cut more jobs as fourth quarterly loss reported

Mubasher: Boeing Co will reduce its staff by an additional 7,000 jobs as the US plane maker reported its fourth straight quarterly loss.

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
AMD to acquire competitor chipmaker Xilinx for $35bn
Global FDI flows shrink 49% in H1-20 amid COVID-19
Oman Arab Global Commodities
MSM30
3,557.77 0.06% 2.08
Volume 6,822,829 Turnover 1,011,339 No. of Trades: 330
12 Down 21 Flat 7 Up
No. of Traded Stocks : 40
Last Update: 01:00 PM
Latest News
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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Photo Archive
FAB is region's safest bank in 2020 - Global Finance Banking and Finance
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Goldman Sachs fined $350m in Hong Kong over 1MDB scandal Global Reports
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Mubasher Exclusive
Zedny was founded in 2018
Online platforms for professional development - Interview with Zedny Sector Reports
The webinar discussed the Road to Digital Transformation and Innovation
Industry leaders discuss the future of digital transformation Macroeconomics
The price of 21-karat gold registered EGP 825 per gram
Egypt's gold prices drop on lower global prices Commodities
Saudi Stock Exchange (Tadawul)
Your guide to the new Saudi derivatives market - Infographic Macroeconomics
The derivatives market will be launched on Sunday, 30 August
Investors awaiting launch of Saudi derivatives market next week Markets Regulations
COVID-19 made investments in healthcare a top priority
COVID-19 and the future of digital healthcare services Global Economy
This recession is forecast to drive lower investments
What should the world learn from the COVID-19 crisis? Event
Technology will help bring the best quality of education to all pupils
The rise of EdTech amid a pandemic; ephemeral boom or a new era? Event
Careem expanded its services in Egypt and the GCC
The story behind the region's first multi-service super app Event
The three-day event was held between 13 and 15 August
How can businesses prepare for the next pandemic? Global Economy
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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
Photo Archive
Moody's assigns Baa3(hyb) Tier 2 ratings to ANB’s trust certificate Sukuk and Islamic Finance
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 Banking and 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 Banking and Finance
Photo Archive
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
More than 2.1 million people submitted reconciliation requests
Egypt extends deadline for reconciliation over building violations until November-end Real estate
Boeing to cut more jobs as fourth quarterly loss reported Global Reports
The potential acquisition is part of FAB's long-term growth strategy
FAB resumes Bank Audi Egypt acquisition talks Mergers and Acquisitions
The program aims to train 30,000 software engineering and computer science graduates
Egypt signs AI training agreement with Google
The UAE fuel has maintained the same price levels since April
UAE announces fuel prices in November Macroeconomics
Mahfouz has an extensive experience of more than 33 years in ICT sector
Amr Mahfouz named CEO of ITIDA
Photo Archive
Savola Group profits up 28% in Q3 Financial Results
The basic and diluted EPS settled at AED 0.29
CBD records 23% lower net profits in 9M Banking and Finance
Part of the signing ceremony.
Mawani, KPMG Al Fozan sign deal to achieve financial sustainability Macroeconomics
Remittances surged by 33.7% in June
Remittances from Egyptian expats rise to $27.8bn in FY19/20 Banking and Finance
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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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