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09 July 03:46 PM

United States to leave WHO next year

The United States will withdraw from the World Health Organization (WHO) on 6 July 2021.

Eurozone expected to see deeper recession than forecast
This is NEOM’s first partnership with leading renewable energy partners
NEOM, ACWA Power, Air Products ink $5bn agreement
The airline aims to operate nearly 45% of its pre-COVID capacity by August
Etihad Airways to expand services to 58 cities worldwide
Big four auditors in UK to separate practices by mid-2024
Uber acquires on-demand food delivery app Postmates for $2.65bn
Oman Arab Global Commodities
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Last Update: 01:00 PM
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The decision was made after reviewing Brent prices from April to June
Egypt keeps fuel prices on hold for 3M Commodities
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United States to leave WHO next year Global Economy
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The shipment is expected to take place between 8 and 18 August.
Egypt buys 230,000 tonnes of Russian wheat Commodities
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Eurozone expected to see deeper recession than forecast Global Economy
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This is NEOM’s first partnership with leading renewable energy partners
NEOM, ACWA Power, Air Products ink $5bn agreement Companies Investments
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The airline aims to operate nearly 45% of its pre-COVID capacity by August
Etihad Airways to expand services to 58 cities worldwide Companies Investments
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The offers will be received on Tuesday 12:00 pm
Egypt launches int’l wheat tender Commodities
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Big four auditors in UK to separate practices by mid-2024 Global Reports
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The government pays farmers between EGP 670 and EGP 700 per ardeb
Egypt buys 3.5m tonnes of local wheat since mid-April Commodities
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Uber acquires on-demand food delivery app Postmates for $2.65bn Global Economy
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Mubasher Exclusive
The government pays farmers between EGP 670 and EGP 700 per ardeb
Egypt buys 3.5m tonnes of local wheat since mid-April Commodities
IEA sets $3trn green economic recovery plan Global Reports
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 Companies Investments
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 Global Economy
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 Sector Reports
Salma is the Arabic version of Google Home and Amazon Alexa
Story behind first Arabic voice assistant ‘Salma’ – Interview Event
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Islamic Finance
The issuance will target experienced investors residing in Saudi Arabia
SABB announces 1st local Sukuk issuance Sukuk and Islamic Finance
The offering aims to meet SABB’s financial and strategic needs
SABB sets up local Sukuk programme Banking and Finance
The Sukuk programme is valued at a maximum KWD 2 billion
KIB obtains central bank’s initial approval for Sukuk issuance Banking and Finance
Indonesia is the largest Sukuk issuer on Nasdaq Dubai
Indonesia lists $2.5bn Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
The issuance was a tap on a $1 billion Sukuk
DIB lists $300m Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
The Sukuk is the first ever AAA-rated sustainability Sukuk
IsDB lists $1.5bn Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
DP World is expected to sell perpetual Sukuk at 6.125%
DP World forecast to sell $1.5bn perpetual Sukuk Sukuk and Islamic Finance
The five-year Sukuk has attracted 150 investors
Sharjah Islamic Banks lists $500m Sukuk on Nasdaq Dubai Banking and Finance
The bank has set a margin of return at 240 bps
DIB sells $300m in 2026 Sukuk tap Banking and Finance
The bank has tightened the price guidance for the notes
DIB likely to sell $200m worth of its Sukuk Sukuk and Islamic Finance
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Arab Markets
Arkan Building Materials headed the decliners after sliding by 4.87%
ADX ends Thursday down as blue chips fall Trading Activities
Confidence about business outlook continued to improve
Dubai PMI improves in June – IHS Markit Macroeconomics
The USAID has invested more than $30 billion in projects in Egypt
Egypt pens $90m grant deals with USAID Macroeconomics
The trading volume amounted to 290.01 million shares
DFM extends losses at Thursday's close Trading Activities
Saudi government implemented 86% of sectorial nationalisation agreements
Saudisation of five sectors, specialised occupations completed Macroeconomics
The company’s revenues slid to $13.01 million
Maridive’s losses swell 434% in Q1 standalone financial indicators Financial Results
The inflation rate remained in the negative territory
Abu Dhabi’ inflation down 2.8% in May Macroeconomics
The PPI reached 77.7% over Q1-20
Abu Dhabi producer prices down 0.5% in Q1 Macroeconomics
UE Finance secured EGP 150 million from MSMEDA
AIH’s unit inks EGP 50m loan agreement to finance SMEs Banking and Finance
Al Taweelah project is the first alumina refinery in the UAE
EGA ramps up production at Al Taweelah alumina refinery Companies Investments
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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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