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30 November 08:43 AM

No Arab billionaires have seen declines in wealth since April.
Arab billionaires’ fortunes jump $11bn despite the pandemic - Forbes

Riyadh – Mubasher: Arab billionaires have witnessed a surge in their fortunes despite the coronavirus pandemic, with a cohort of 21 individuals gaining $10.8 billion during the last seven months, Forbes said. The list was headed by Algerian …
Airlines to record $157bn losses in 2020, 2021 - IATA
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
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Last Update: 29 November 02:00 PM
Latest News
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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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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Mubasher Exclusive
Zedny was founded in 2018
Online platforms for professional development - Interview with Zedny Global Economy
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 Macroeconomics
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? Global Economy
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
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Islamic Finance
The issuance will be managed by EFG Hermes
CIRA's board approves EGP 600 Sukuk issuance Companies Investments
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 Sukuk and Islamic Finance
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 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
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Arab Markets
The total sold power output in FY19/20 reached 181 billion kWh
Egypt invests EGP 13.2bn in upgrading electricity networks in FY19/20 Macroeconomics
The company’s revenues increased to EGP 1.65 billion
Minapharm Pharmaceuticals posts 184% higher profit in 9M Financial Results
The current cooperation portfolio between Egypt and Germany reaches $956.8 million
Egypt, Germany explore means to push forward EUR 80m debt swap scheme Macroeconomics
Naseej International Trading Co. headed the gaining stocks with 10% on Sunday.
TASI closes Sunday’s session in green Trading Activities
The Saudi Arabia Pavilion blends the Kingdom's traditions with the Saudi people's aspirations
Saudi Arabia completes pavilion construction at Expo 2020 Dubai Event
The deals are expected to be signed on 30 January 2021.
Al Yamamah Steel awarded SAR 202m deals by Larsen & Toubro Companies Investments
The transaction involved 6.36 million shares
Metallurgical Industries Holding sells entire stake in Tourah Portland Cement Insider Trading & Treasury Stocks
The kingdom’s oil revenue stood at SAR 333.17 billion in the nine-month period.
KSA oil revenue falls to SAR 333.2bn in 9M Macroeconomics
Fuel surcharge for water is reduced by 33%
Dubai reduces fuel surcharge for electricity, water bills Macroeconomics
The fund is part of the urban redevelopment of one of Albania’s leading economic centres
ADFD grants AED 257m grant to Albania to develop residential units Macroeconomics
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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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