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OIC member states log $63bn trade deficit for halal economy products in 2021

Mubasher: The member states of the Organisation of Islamic Cooperation (OIC) have registered a trade deficit of $63 billion for halal economy products in 2021, according to the 2022 Annual OIC Halal Economy Report. Last year, total halal product …
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UAE’s strong economy to pull in more foreign investments - Al Tamimi Investments
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Bioventure, Minapharm, MiGenTra to commercialise multiple biosimilar candidates of Alvotech
Osmar Chohfi, President of ABCC
Brazilian exports to Arab world exceed $14bn in 10M-22
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Saudi Arabia becomes 1st Gulf state to chair UNWTO Executive Council
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DMCC digitises gold trading through tokenisation of Comtech Gold bullion
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Egypt’s state grains buyer offers 10K tonnes of Russian wheat via EMX Commodities
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OIC member states log $63bn trade deficit for halal economy products in 2021 Global Economy
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UAE’s strong economy to pull in more foreign investments - Al Tamimi Investments Macroeconomics
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Bioventure, Minapharm, MiGenTra to commercialise multiple biosimilar candidates of Alvotech Companies Investments
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Osmar Chohfi, President of ABCC
Brazilian exports to Arab world exceed $14bn in 10M-22 Global Economy
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Saudi Arabia becomes 1st Gulf state to chair UNWTO Executive Council Global Economy
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Photo Gallery
DMCC digitises gold trading through tokenisation of Comtech Gold bullion Global Economy
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DFM launches new general index Trading Activities
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Americana Restaurants doubles UAE’s IPO shares for ADX listing Initial Public Offerings
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Egypt inks renewable energy agreements of $83bn Macroeconomics
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Mubasher Exclusive
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Oman Technology Fund invests $50m in MENA - Al Balushi Macroeconomics
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Higher oil prices reinforce Gulf’s economic growth in 2023 – UBS’ Bolliger Macroeconomics
Fady Azzouny, Founder and CEO of Vetwork
Startup Lounge: Vetwork is currently raising round to further build technology, expand – Azzouny Companies Investments
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Startup Lounge: Paymob is planning to expand in MENA – Islam Shawky Companies Investments
Hesham Safwat - CEO of Jumia Egypt
Startup Lounge: COVID-19 impacted positively on growth of digital services – Hesham Safwat Global Economy
Nahdet El-Mahrousa Business Incubator
Startup Lounge: Egypt seeing entrepreneurship boom - Nahdet El-Mahrousa Companies Investments
Nihal El-Chami, Head of Programme and Marketing at Falak Startups
Startup Lounge: More VC investors now interested in Africa, Middle East – Nihal El-Chami Companies Investments
The Egyptian market accounts for 10-15% of Mrsool's total operations
Mrsool eyes expansion in Africa via Egypt, listing on an Arab stock exchange Global Economy
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Islamic Finance
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DIB prices $750m from inaugural sustainable Sukuk Banking and Finance
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Al Rajhi Bank raises SAR 10bn from Tier 1 Sukuk offering Sukuk and Islamic Finance
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Riyad Bank secures SAR 3.75bn from Additional Tier 1 capital Sukuk offering Sukuk and Islamic Finance
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SNB raises SAR 3.3bn in Additional Tier 1 Sukuk offering Banking and Finance
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Almarai completes redemption of SAR 1.6bn Sukuk – Series V Companies Investments
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Saudi PIF reportedly expected to issue green bonds soon Sukuk and Islamic Finance
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Riyad Bank starts offering Additional Tier 1 capital Sukuk Banking and Finance
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SNB starts offering SAR-denominated Additional Tier 1 Sukuk Sukuk and Islamic Finance
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Bahri’s SAR 3.9bn Sukuk oversubscribed 1.95 times Sukuk and Islamic Finance
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GFH acts joint lead manager on Dar Alarkan's $400m Sukuk issuance Companies Investments
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Arab Markets
Khalid Al Mudaifer, Vice-Minister for Mining Affairs, Ministry of Industry and Mineral Resources
Saudi Arabia seen to become leader in sustainable production of metals Macroeconomics
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Jahez fully acquires The Chefz for SAR 650m, to raise capital Companies Investments
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Egyptian gov’t allocates EGP 49.5bn for petroleum sector under FY22/23 plan Macroeconomics
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Shams terminates SAR 735m MoU with Saudi Shuaa Companies Investments
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EGX ends Thursday’s session on collective rise Trading Activities
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NCLE completes acquisition of Al Salam Mergers and Acquisitions
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VC firm 500 Global opens office in Egypt, partners with ITIDA Macroeconomics
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TASI, NomuC end Thursday’s session with negative performance Trading Activities
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Haj Arafa to build dates factory in Siwa Companies Investments
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Saudi Re inks reinsurance contracts worth nearly SAR 194.5m Companies Investments
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International Markets
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