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07 April 01:09 AM

The MEA region witnessed a 200% increase in contactless transactions
Mastercard raises contactless payment limits in MEA

Mubasher: Mastercard has raised contactless payment limits across the Middle East and Africa (MEA) region to secure safer payment methods amid rising concerns over the novel coronavirus (COVID-19) outbreak. Over the course of 2019, the MEA region …
The number of deaths increased to 38
Saudi Arabia announces 138 new COVID-19 cases
Minister of international cooperation - Rania Al Mashat
AfDB allocates $3bn to support member countries’ efforts against COVID-19
Four new cases recovered in Kuwait in the last 24 hours
Kuwait announces 109 new coronavirus cases; tally at 665
The total number of infections reached 1,173
Egypt reports 103 new coronavirus cases
The total number of deaths has reached 34
Saudi Arabia reports 206 new COVID-19 cases, 5 deaths
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Latest News
The MEA region witnessed a 200% increase in contactless transactions
Mastercard raises contactless payment limits in MEA Banking and Finance
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The number of deaths increased to 38
Saudi Arabia announces 138 new COVID-19 cases Global Economy
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Minister of international cooperation - Rania Al Mashat
AfDB allocates $3bn to support member countries’ efforts against COVID-19 Macroeconomics
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Four new cases recovered in Kuwait in the last 24 hours
Kuwait announces 109 new coronavirus cases; tally at 665 Global Economy
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The total number of infections reached 1,173
Egypt reports 103 new coronavirus cases Global Economy
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The total number of deaths has reached 34
Saudi Arabia reports 206 new COVID-19 cases, 5 deaths Global Economy
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URC suffered net losses of KWD 7.2 million in 2019
URC’s unit pays OMR 8m to settle dispute in Oman Corporate Actions
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Kuwait's virus toll currently stands at 556
Kuwait registers 77 new coronavirus cases, 6 recoveries Global Economy
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The shipment was loaded on to the Kuwaiti tanker, Dar Salwa
Kuwait exports 1st Al Khafji crude from neutral zone after 5-year break Macroeconomics
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A total of 241 cases have recovered
Egypt’s COVID-19 cases reach 1,070 Global Economy
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Mubasher Exclusive
The UAE accounted for 26.6% of the fund’s investments by the end of 2019
Norway’s sovereign fund raises investments in GCC markets Macroeconomics
Photo Archive
Saudi oil exports down 10.75% in 2019 Commodities
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 Banking and Finance
Iron prices have dropped by EGP 300 per tonne since the beginning of the week
Iron prices to further decline as EGP levels up Macroeconomics
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 Companies Investments
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Central Banks
Vera Futorjanski during a panel at RiseUp Summit 2019
Vera Futorjanski: Startups must focus on solving local challenges – Interview Macroeconomics
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Islamic Finance
The redeemed Sukuk represents 100% of the total issued Sukuk
Almarai fully redeems SAR 787m second Sukuk issuance Sukuk and Islamic Finance
The board will determine the date of issuance
Ajman Bank's shareholders to study $150m Sukuk issuance Sukuk and Islamic Finance
The Sukuk has a five-year maturity from its issuance date
Gulf Navigation's OGM to issue AED 125m Sukuk Sukuk and Islamic Finance
Ministry of Finance - Saudi Arabia
Saudi Arabia closes March Sukuk issuance Sukuk and Islamic Finance
Moody's assigned a 'Negative' outlook to EQUATE's new GMTN programme
Moody's assigns Baa2 rating to EQUATE's GMTN programme Sukuk and Islamic Finance
Sharjah has listed a $200m Sukuk on Nasdaq Dubai
Sharjah lists $200m Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
The sukuk may be offered through various single or multiple issuances
Arabian Centres approves $1bn sukuk General Assembly
Bank investments in government bonds reached SAR 386.69 billion in January
Saudi banks raise investments in gov’t bonds Treasury Bills
The term Murabaha facility’s duration is seven years
Alhokair agrees $800m Murabaha term facility Banking and Finance
This marks the bank's largest Sukuk issuance by value
Nasdaq Dubai lists $2bn Sukuk by IsDB Banking and Finance
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Arab Markets
The MEA region witnessed a 200% increase in contactless transactions
Mastercard raises contactless payment limits in MEA Banking and Finance
The market cap value levelled up by EGP 6.9 billion
EGX ends Monday in green on local purchases Trading Activities
The shareholders agreed on $30 million dividends
GFH's shareholders agree on $30m dividends for 2019 Cash Dividends
The number of deaths increased to 38
Saudi Arabia announces 138 new COVID-19 cases Global Economy
The decision was made during the public authority’s meeting held on 31 March
Al Sagr chairs Kuwait’s Chamber of Commerce uncontested Management Decisions
The loan aims to covert a part of the short-term loans to medium-term loans
Al Babtain inks SAR 150m agreement with Samba Companies Investments
The decision reflects the members’ sense of responsibility towards the company
Human Soft’s board waives annual remuneration amid coronavirus impact Board of Directors
The company turned to a profit of KWD 1.66 million in Q4-19
Al Arabiya Real Estate turns profitable in FY19 Financial Results
National Industries will provide further details in due course
National Industries announces decision on investment in KSA General Assembly
Al Qudra Holding led the risers with 13.64%
ADX closes Monday's session on positive note Trading Activities
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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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