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14 July 06:27 PM

Phison to sell shares in joint venture to Kingston

Phison Electronics will sell its shares in Kingston Solutions (KSI), a joint venture with Kingston Technology Corporation, to Kingston.
Huawei to be banned from UK’s 5G networks
BeIN Sports shall return all financial gains it obtained as a result of the violation
KSA imposes SAR 10m fine on BeIN Sports; terminates licence permanently
Google in talks to buy $4bn stake in Jio Platforms
MENA's economy expected to contract 5.7% in 2020 - IMF
Analog Devices to acquire chipmaking competitor Maxim for $21bn
Palestine Arab Global Commodities
AL-QUDS
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Volume 64,311 Turnover 152,368 No. of Trades: 50
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No. of Traded Stocks : 11
Last Update: 01:00 PM
Latest News
Phison to sell shares in joint venture to Kingston Global Reports
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Huawei to be banned from UK’s 5G networks Global Economy
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BeIN Sports shall return all financial gains it obtained as a result of the violation
KSA imposes SAR 10m fine on BeIN Sports; terminates licence permanently Global Economy
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Egypt paid EGP 16 billion to farmers
Egypt buys EGP 3.5m tonnes of local wheat Macroeconomics
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Google in talks to buy $4bn stake in Jio Platforms Global Economy
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Muqassa aims to support the growth of the Saudi capital market
Muqassa to commence operations on 30 August Derivatives
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The launch will further develop the Saudi market
Tadawul to launch derivatives market in August Markets Regulations
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The EGP appreciated by 10.8% against the US dollar
Egypt leads emerging market currencies in 3 yrs – Cabinet Currencies
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MENA's economy expected to contract 5.7% in 2020 - IMF Global Reports
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Analog Devices to acquire chipmaking competitor Maxim for $21bn 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
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 Companies Investments
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 Sector Reports
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Event
Vera Futorjanski during a panel at RiseUp Summit 2019
Vera Futorjanski: Startups must focus on solving local challenges – Interview Global Economy
Credit Agricole is still developing SMEs portfolio and getting some resources
Antoine Paliard talks fintech innovation, startup contests – Interview Companies Investments
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Islamic Finance
The issuance will target experienced investors residing in Saudi Arabia
SABB announces 1st local Sukuk issuance Banking and Finance
The offering aims to meet SABB’s financial and strategic needs
SABB sets up local Sukuk programme Sukuk and Islamic 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 Banking and 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 company’s products are exported to 30 countries in the MENA region
Hitachi ABB Egypt aims to boost exports to 50% of output Companies Investments
Kuwait’s crude production amounted to 2.103 million b/d last month
Kuwait’s oil production at 2.1m b/d in June Macroeconomics
The probe was scheduled to liftoff on Wednesday
UAE postpones Hope probe's launch to 17 July Sector Reports
The market’s turnover amounted to EGP 875.1 million
EGX ends Tuesday in red; market cap loses EGP 8.5bn Trading Activities
Phison to sell shares in joint venture to Kingston Global Reports
The liquidity reached SAR 4.98 billion on Tuesday
TASI inches down 31.86 pts on Tuesday Trading Activities
Huawei to be banned from UK’s 5G networks Global Economy
BeIN Sports shall return all financial gains it obtained as a result of the violation
KSA imposes SAR 10m fine on BeIN Sports; terminates licence permanently Markets Regulations
The three properties are fully leased
Kamco Invest acquires three properties in UK Companies Investments
Egypt paid EGP 16 billion to farmers
Egypt buys EGP 3.5m tonnes of local wheat Macroeconomics
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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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