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17 February 02:27 PM

US mulls halting GE engine deliveries to China's new aircraft

Mubasher: The US government is mulling a proposal to stop exporting jet engines co-manufactured by General Electric Co to China.
Omani crude oil output falls 1.26% MoM in January 2020
Royal Bank of Scotland plans rebranding, cutting investment-banking business
MWC 2020 cancelled over coronavirus worries
Tesla may float $2bn shares to strengthen balance sheet
Saudi Arabia was the top importer with 25%.
Egypt's furniture regional exports hit $164m in 2019
Oman Arab Global Commodities
MSM30
4,164.86 0.88% 36.37
Volume 15,032,308 Turnover 2,250,946 No. of Trades: 578
9 Down 28 Flat 12 Up
No. of Traded Stocks : 49
Last Update: 01:00 PM
Latest News
US mulls halting GE engine deliveries to China's new aircraft Global Markets brief
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Omani crude oil output falls 1.26% MoM in January 2020 Oil and Energy
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Royal Bank of Scotland plans rebranding, cutting investment-banking business Global Reports
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Tesla may float $2bn shares to strengthen balance sheet Global Reports
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MWC 2020 cancelled over coronavirus worries Global Reports
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Saudi Arabia was the top importer with 25%.
Egypt's furniture regional exports hit $164m in 2019 Macroeconomics
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Global prices increased by 2.5% on Wednesday.
Kuwait’ oil up $1.28 on Wednesday – KPC Macroeconomics
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Part of the signing ceremony
Egyptian gov’t signs MoU with Saudi ACWA Power Companies Investments
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Egypt and Somalia agreed to enhance cooperation in the petroleum industry
Several MoUs signed on EGYPS 2020 second day Event
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Global oil prices rose on Tuesday
Kuwait oil crude down 21 cents on Tuesday Commodities
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Mubasher Exclusive
MWC 2020 cancelled over coronavirus worries Global Reports
Finastra's solutions cover 90% of banks’ needs
Interview: We look to repeat Finastra Egypt Digital Trade Forum – Serge Tohme Companies Investments
Iron prices have dropped by EGP 300 per tonne since the beginning of the week
Iron prices to further decline as EGP levels up Commodities
Bahrain launched Cloud First Policy in 2017
Pakiza Abdulrahman: Gov’t leads cloud adoption in Bahrain; private sector is following – Interview Global Economy
Startups do not repay the funding since it is a grant by Tamkeen
How can non-local startups get grants in Bahrain? – Interview with Pakiza Abdulrahman Companies Investments
Salma is the Arabic version of Google Home and Amazon Alexa
Story behind first Arabic voice assistant ‘Salma’ – Interview Event
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Companies Investments
Vera Futorjanski during a panel at RiseUp Summit 2019
Vera Futorjanski: Startups must focus on solving local challenges – Interview Global Economy
The price of flight tickets soared more than 70%
UAE hotels to see record occupancy levels on Christmas holidays Macroeconomics
Credit Agricole is still developing SMEs portfolio and getting some resources
Antoine Paliard talks fintech innovation, startup contests – Interview Banking and Finance
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Islamic Finance
Photo Archive
Dar Alarkan intends to issue dollar Sukuk Banking and Finance
DIB's net income grew by 13% to AED 9.266 billion
DIB reports higher net profits at AED 5.102bn in 2019; dividends proposed Cash Dividends
Sukuk receiving bids worth a total of $4.59 billion
Boubyan Bank issues $750m Sukuk Sukuk and Islamic Finance
Photo Archive
Riyad Bank creates $3bn Sukuk programme Banking and Finance
Photo Archive
Tadawul issues AlBilad Saudi Sovereign Sukuk ETF terms Sukuk and Islamic Finance
Riyad Bank
Moody's assigns A2 rating to Riyad Bank's $3bn Sukuk Banking and Finance
Saudi Arabian Monetary Authority (SAMA)
Saudi banks increase investments in gov’t bonds Banking and Finance
CIAF Leasing will be the issuer of sukuk worth $50 million
CIAF Leasing, Talaat Moustafa to issue sukuk in 3 months Banking and Finance
Ministry of Finance
Saudi Arabia closes January Sukuk issuance Central Banks
Mumtalakat’s CEO Khalid Al Rumaihi
Mumtalakat receives $4bn orders for $500m sukuk Banking and Finance
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Arab Markets
The company’s sales surged to EGP 523 million
October Pharma’s indicators show 80% profit hike in 2019 Financial Results
One bonus share will be distributed for every four shares held
Mohandes Insurance’s shareholders approve capital raise via bonus issue Corporate Actions
Revenues rose to EGP 160.09 million
Sheeni’s losses balloon 42% in H1-19/20 Financial Results
Drilling is underway at the Montu well with an initial cost of $99 million
Rashpetco, Burullus Gas plan to invest $167m in FY19/20 Companies Investments
The new school will be managed by Kent College
Orascom Development to develop int’l school with EGP 500m investments Real estate
Photo Archive
Jabal Omar Development appoints new CEO Management Decisions
These inflows included remittances from Egyptians living abroad
Egypt draws $12bn cash inflows year-to-date – CBE official Banking and Finance
Steen Hadsbjerg has been as the new CEO
NADEC CEO resigns; new appointee announced Board of Directors
Sales shrank to EGP 5.42 billion in H1 of FY19/20
AMOC’s profit dips 81% in H1-19/20 on lower sales Financial Results
The issuance will be used to finance the country’s budget deficit
CBE offers EGP 7bn T-bonds on Monday Central Banks
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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
Fear arises as Brexit impact on power sector still unclear
Uber, Hyundai team up to launch future Uber Air Taxis
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