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02 June 01:14 PM

Emirates airline resumed flights to nine cities
Emirates resumes flights to 8 countries

UAE - Mubasher: Emirates airline has announced the resumption of scheduled passenger flights to nine cities in eight countries during May, the Dubai-based carrier announced on its official Facebook account. Emirates hopes that flights to more …
The GCC is forecast to witness an economic recovery
Gulf states's GDP expected to contract by 5.9% in 2020
Emirates Airline is set to lay off some employees amid the COVID-19 crisis
Emirates foresees recovery of airline industry by June 2021
Saudi Aramco is currently the most profitable company worldwide
World's top 2,000 list includes 40 Arab companies; Aramco ranked 5th
Hotels in five governorates could reopen after receiving the safety certificate
Egypt grants health safety certificates to over 70 hotels
HMM Algeciras containership's length is around 400 metres
World's largest container to cross Egypt's Suez Canal
Oman Arab Global Commodities
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Emirates airline resumed flights to nine cities
Emirates resumes flights to 8 countries Global Economy
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Brent futures closed Monday up by 48 cents
Kuwait’s crude oil jumps $5.63 on Monday - KPC Macroeconomics
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The GCC is forecast to witness an economic recovery
Gulf states's GDP expected to contract by 5.9% in 2020 Global Economy
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Emirates Airline is set to lay off some employees amid the COVID-19 crisis
Emirates foresees recovery of airline industry by June 2021 Global Economy
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The USD went up to EGP 15.86 for buying at NBE
USD almost hits EGP 16 at local banks on Monday Currencies
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Tadawul lists AlBilad Gold ETF Commodities
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Butane prices for June have been reduced to $330 a tonne
Saudi Aramco raises propane price for June, lowers Butane Commodities
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The UAE's oil production in May came in line with the OPEC+ agreement
UAE delivers 2.4m bpd in May Sector Reports
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The per-litre price of Super 98 gasoline will be maintained at AED 1.91
UAE announces fuel prices for June Commodities
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Brent crude oil for July delivery retreated by 4.6% or $1.65
Kuwait’s crude oil down to $28.05 pb – KPC Macroeconomics
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Islamic Finance
The issuance is part of a Sukuk programme at a maximum value of $2 billion
Warba Bank receives regulatory approval for KWD 150m Sukuk Banking and Finance
The outlook on all ratings was changed to ratings under review
Moody’s downgrades Arabian Centres ratings Ratings
Riyad Bank and MIS signed the finance agreement on 4 May
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Dividends will be distributed at SAR 0.0674 per unit
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The banks' investments in stocks were lowered to AED 9.1bn in March
UAE banks slash bond, stock investments in March Companies Investments
Capital Market Authority (CMA)
Mudaraba Fintech application receives experimental permit Companies Investments
Sukuk trading suspension will begin on 15 June 2020
Riyad Bank to redeem SAR 4bn Sukuk Banking and Finance
The Sukuk is valued at $200 million
AUB Kuwait to pay $5.5m dividends to Ahli United Sukuk Cash Dividends
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ACWA Power plans $1bn Sukuk issuance Banking and Finance
The bought back Sukuk will be canceled
Dana Gas buys back $18m of Nile Delta Sukuk Banking and Finance
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Arab Markets
An amount of EGP 97.6 million has been financed by the shareholders’ credit balances
Arab Dairy uses all capital raise proceeds Companies Investments
The new capital will total SAR 200 million
Saudi Arabia’s MIS shareholders greenlight 25% capital increase Corporate Actions
DFM emphasised the importance of precautionary measures
DFM's headquarters reopens with 50% of staff Trading Activities
Revenues sank to EGP 165.9 million
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Emirates airline resumed flights to nine cities
Emirates resumes flights to 8 countries Global Economy
The bonds carry a six-month maturity period
Kuwait’s C. bank issues KWD 360m bonds, tawarruq Banking and Finance
Brent futures closed Monday up by 48 cents
Kuwait’s crude oil jumps $5.63 on Monday - KPC Macroeconomics
TASI closed at 7,288.81 points
Tadawul closes Monday on positive note Trading Activities
The reserve decreased by 0.25% on a monthly basis
Saudi gov’t reserve nears SAR 470bn in April Macroeconomics
(Photo Credit: rawpixel)
GAFI discusses growth plans with entrepreneurs, startups Macroeconomics
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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
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