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05 December 03:49 PM

King Abdulaziz International Airport in Jeddah secured the fourth spot
Three Saudi airports ranked as safest among Mideast, Africa airports

Riyadh – Mubasher: Three Saudi airports were featured among the Middle East and Africa (MEA) region's safest airports amidst the COVID-19 pandemic, according to the Safe Travel Barometer. King Abdulaziz International Airport in Jeddah secured the …
Filipino expats’ remittances from the GCC region fell by 13.91% YoY in 9M.
Filipino labour in GCC records $3.7bn remittances in 9M
The transaction is expected to close in the third quarter of 2021.
Legal Advisors, Baker McKenzie advise on gig’s acquisition of AXA's Mideast business for $474.8m
Biden not to immediately cancel Phase 1 deal with China
Pfizer-BioNTech COVID-19 vaccine authorised for use next week in UK
Kuwait's Gulf Insurance will acquire 100% of AXA Gulf
Kuwait's Gulf Insurance to acquire AXA's operations in Gulf for $475m
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Latest News
King Abdulaziz International Airport in Jeddah secured the fourth spot
Three Saudi airports ranked as safest among Mideast, Africa airports Ratings
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Filipino expats’ remittances from the GCC region fell by 13.91% YoY in 9M.
Filipino labour in GCC records $3.7bn remittances in 9M Banking and Finance
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The transaction is expected to close in the third quarter of 2021.
Legal Advisors, Baker McKenzie advise on gig’s acquisition of AXA's Mideast business for $474.8m Companies Investments
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Biden not to immediately cancel Phase 1 deal with China Global Reports
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Pfizer-BioNTech COVID-19 vaccine authorised for use next week in UK Global Reports
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Kuwait's Gulf Insurance will acquire 100% of AXA Gulf
Kuwait's Gulf Insurance to acquire AXA's operations in Gulf for $475m Companies Investments
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No Arab billionaires have seen declines in wealth since April.
Arab billionaires’ fortunes jump $11bn despite the pandemic - Forbes Macroeconomics
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Airlines to record $157bn losses in 2020, 2021 - IATA Global Reports
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Elon Musk becomes world's second-richest person Global Reports
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The assets of UAE banks rose by 3.2% QoQ in Q3-20
UAE's listed banks record highest growth in assets in GCC in Q3-20 Banking and Finance
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Islamic Finance
Photo Archive
Tadawul approves listing of SAR 794.5m gov’t debt instruments Sukuk and Islamic Finance
The Saudi banks’ holdings of government bonds rose by 13.86% YoY in October.
Saudi banks’ investments in gov’t bonds hit SAR 431.6bn in 10M Bonds
The issuance will be managed by EFG Hermes
CIRA's board approves EGP 600 Sukuk issuance Sukuk and Islamic Finance
The Sukuk has an interest rate of 3.908%
DP World announces profit distribution for $1.2bn Sukuk Management Decisions
Emirates NBD Capital was the sole manager of the transactions
Dubai collects $1.5bn from reopening of existing debt instruments Macroeconomics
The Sukuk was oversubscribed 5.7 times
DIB lists $1bn Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
CIRA reported net profits of EGP 330.4 million in nine months
CIRA mulls issuance of Ijara Sukuk Sukuk and Islamic Finance
The hired banks comprise Bank ABC, CBD
DAE hires banks for US dollar Sukuk issuance Companies Investments
DIB has achieved the lowest yield by any bank globally
DIB closes lowest yield AT1 Sukuk Banking and Finance
The banks will act as joint lead managers and joint bookrunners
DIB mandates banks for additional Tier 1 Sukuk issuance Banking and Finance
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Arab Markets
The company’s capital amounts to EGP 711.44 million
Electro Cable's shareholders approve one-to-five stock split General Assembly
The market’s turnover stood at EGP 1.37 billion
EGX ends Thursday mixed; market cap gains EGP 1.2bn Trading Activities
Foreign investments in Egypt’s debt instruments have reached $23 billion
CBE to offer $1bn T-bills next week Treasury Bills
The market's turnover amounted to SAR 11.19 billion on Thursday.
TASI ends Thursday in red; NomuC rises Trading Activities
Part of the signing ceremony.
KSA’s NWC pens first management deal with Saudi-French-Filipino consortium at SAR 198m Macroeconomics
Photo Credit: Emirates News Agency (WAM)
UAE launches Falcon's Eye satellite to celebrate National Day
King Abdulaziz International Airport in Jeddah secured the fourth spot
Three Saudi airports ranked as safest among Mideast, Africa airports Ratings
Minister of Planning and Economic Development, Hala El-Saeed
Egypt’s poverty rate falls for first time since 1999 Macroeconomics
The deal includes the supply and installation a STATCOM for the first time in Egypt
Egypt inks STATCOM installation deal worth EGP 431m
Loans offered to non-financial governmental bodies hiked by 27.7% yearly in October.
Loans granted to Saudi gov’t bodies, private sector hit record high in October 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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