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06 July 12:13 PM

Fujifilm collaborates with GRA, Dr Reddy’s for potential coronavirus drug

Global Response Aid (GRA) and Dr. Reddy’s Laboratories signed an agreement with Japan’s FujiFilm Corporation for the production and distribution of Avigan.
US initial jobless claims surge 1.427m
Asia's economy likely to contract 1.6% in 2020
EasyJet to slash jobs in Berlin, cancel German domestic flights
UK's economy slides to 40-year low in Q1-20
UK aims to sell GBP 275bn of debt in 5M
Oman Arab Global Commodities
MSM30
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Volume 5,289,658 Turnover 801,050 No. of Trades: 259
6 Down 13 Flat 4 Up
No. of Traded Stocks : 23
Last Update: 11:57 AM
Latest News
Fujifilm collaborates with GRA, Dr Reddy’s for potential coronavirus drug Global Economy
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US initial jobless claims surge 1.427m Global Reports
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Asia's economy likely to contract 1.6% in 2020 Global Reports
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EasyJet to slash jobs in Berlin, cancel German domestic flights Global Economy
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Brent crude futures declined 56 cents
Kuwaiti crude oil increases $1.2 pb on Tuesday Commodities
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The price for Octane 91 has been set at SAR 0.98 per litre
Saudi Aramco adjusts fuel prices after latest VAT hike Macroeconomics
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UK's economy slides to 40-year low in Q1-20 Global Economy
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The greenback slid to EGP 16.08 for buying at ALEXBANK and Suez Canal Bank
USD falls against EGP at local banks on Tuesday Banking and Finance
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UK aims to sell GBP 275bn of debt in 5M Global Economy
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BP to sell petrochem business to INEOS for $5bn Global Reports
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Mubasher Exclusive
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 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 Macroeconomics
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 Event
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Macroeconomics
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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 Sukuk and Islamic 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 Sukuk and Islamic Finance
The bank has set a margin of return at 240 bps
DIB sells $300m in 2026 Sukuk tap Sukuk and Islamic 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
The issuance will be used to finance the country’s budget deficit
CBE offers EGP 21bn T-bills, bonds on Monday Bonds
The dividend amount represents 0.9% of the unit’s initial price
Derayah Financial to pay SAR 9.7m REIT dividends for Q2 Cash Dividends
The issuance will target experienced investors residing in Saudi Arabia
SABB announces 1st local Sukuk issuance Sukuk and Islamic Finance
The UAE topped the region on the index
UAE ranks 11th globally in logistics performance Macroeconomics
(Photo Archive)
Saudi Arabia issues Hajj health protocols
Al Muhairi succeeds Mohamed Thani Al Rumaithi
Arabtec Holding appoints new chairman Management Decisions
The state budget includes expenditures of EGP 1.7 trillion
Egypt’s parliament approves EGP 80bn additional allocation to 20/21 budget Law
90% of the late fees will be waived if the taxes are paid within 60 days
Egypt's parliament passes law to waive late fees on taxes Law
The market cap gained EGP 10.2 billion
EGX ends Sunday in green; market cap rises to 4-month high Trading Activities
The proposed dividends represents 10% of the share’s par value
MIS plans SAR 20m dividends for H1-20 Cash Dividends
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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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