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26 November 05:10 AM

Airlines to record $157bn losses in 2020, 2021 - IATA

The IATA warned of $157 billion losses expected to be witnessed by airlines in 2020 and 2021 due to COVID-19.
Elon Musk becomes world's second-richest person
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
AstraZeneca-Oxford COVID-19 vaccine can be 90% effective
Pfizer and BioNTech vaccine is called BNT162b2.
Pfizer says final data shows coronavirus vaccine is 95% effective
The Danish firm recorded a 39% quarterly rise in EBITDA.
Maersk sees faster-than-expected quarterly rebound
Oman Arab Global Commodities
MSM30
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Volume 10,200,569 Turnover 3,496,266 No. of Trades: 166
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No. of Traded Stocks : 35
Last Update: 25 November 01:59 PM
Latest News
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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AstraZeneca-Oxford COVID-19 vaccine can be 90% effective Global Reports
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Pfizer and BioNTech vaccine is called BNT162b2.
Pfizer says final data shows coronavirus vaccine is 95% effective Global Economy
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The Danish firm recorded a 39% quarterly rise in EBITDA.
Maersk sees faster-than-expected quarterly rebound Global Economy
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Amazon enters online pharmacy business   Global Reports
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This storage requirement is significantly below the standard for vaccines
Pfizer launches pilot delivery programme for COVID-19 vaccine in four US states Global Economy
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The non-oil trade exchange between UAE and Oman amounted to AED 48bn
UAE's non-oil trade exchange with Oman records AED 48bn in 2019 Macroeconomics
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Moderna vaccine found 94.5% effective in preventing COVID-19 Global Reports
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Mubasher Exclusive
Zedny was founded in 2018
Online platforms for professional development - Interview with Zedny Companies Investments
The webinar discussed the Road to Digital Transformation and Innovation
Industry leaders discuss the future of digital transformation Event
The price of 21-karat gold registered EGP 825 per gram
Egypt's gold prices drop on lower global prices Macroeconomics
Saudi Stock Exchange (Tadawul)
Your guide to the new Saudi derivatives market - Infographic Derivatives
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 Event
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? Event
More
Islamic Finance
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 Sukuk and Islamic Finance
DIB has achieved the lowest yield by any bank globally
DIB closes lowest yield AT1 Sukuk Sukuk and Islamic Finance
The banks will act as joint lead managers and joint bookrunners
DIB mandates banks for additional Tier 1 Sukuk issuance Sukuk and Islamic Finance
The law will allow the country to enter the Islamic finance sector
Egypt’s cabinet approves draft law on sovereign Sukuk Macroeconomics
Photo Archive
Banque Saudi Fransi completes SAR 5bn Additional Tier 1 Sukuk issue Sukuk and Islamic Finance
The company has repurchased $221m of the Sukuk
Dana Gas fully redeems $309m outstanding Sukuk Sukuk and Islamic Finance
The capital will also support the development of Islamic financing activities
IsDB's private arm lists $600m Sukuk on Nasdaq Dubai Banking and Finance
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Arab Markets
The company has completed the acquisition of Shirlington Tower
Dubai's neo capital acquires commercial properties in US, The Netherlands Companies Investments
Abo Moati logged the highest liquidity of SAR 637.276 million on Wednesday.
TASI rises for fourth day on Wednesday to 15-month high Trading Activities
The loan aims to finance part of the authority's projects to support the industry
Egypt's cabinet nods to EGP 10bn loan for SCZone Macroeconomics
SEC's baseline credit assessment (BCA) remained unchanged at baa1.
Moody's raises SEC’s ratings to A1 on increased government support Ratings
The financial institution sector was provided with about AED 52bn
UAE banks' credit facilities to non-residents hit AED 193bn in 9M Macroeconomics
Photo Archive
Al Rajhi Bank names new chairman, vice chairman Board of Directors
Egypt has the largest share of the investment projects
Egypt implements 32% of COMESA's projects in 7M Macroeconomics
Governor of the Saudi Arabian Monetary Authority (SAMA), Ahmed Alkholifey - (Photo Archive).
SAMA considers extending stimulus plans until Q1-21 Central Banks
The benchmark index of the DFM went up by around 0.57%
UAE stock markets end Wednesday in green zone Trading Activities
The company will install 17,500 solar panels at three sites in Dubai
Agility announces new solar projects in Dubai, Jordan Companies Investments
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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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