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30 May 08:34 AM

Saudi Aramco is currently the most profitable company worldwide
World's top 2,000 list includes 40 Arab companies; Aramco ranked 5th

By: Amal A. Wahaab Mubasher: This year's Forbes Global 2000 list saw the inclusion of 40 companies from the Arab world in the magazine's ranking of the world's top 2,000 companies, based on assets, profits, revenues, and market value.  Oil giant …
Hotels in five governorates could reopen after receiving the safety certificate
Egypt grants health safety certificates to over 70 hotels
HMM Algeciras containership's length is around 400 metres
World's largest container to cross Egypt's Suez Canal
Disinfection gates pose health risks to people
Disinfection gates proving ineffective against coronavirus
The new solution provides accurate diagnostic results
Kuwaiti researchers develop new COVID-19 PCR test
Ministry of Health - Saudi Arabia
KSA announces 2,691 COVID-19 cases Wednesday
Palestine Arab Global Commodities
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Last Update: 28 May 01:00 PM
Latest News
The per-litre price of Super 98 gasoline will be maintained at AED 1.91
UAE announces fuel prices for June Commodities
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Brent crude oil for July delivery retreated by 4.6% or $1.65
Kuwait’s crude oil down to $28.05 pb – KPC Commodities
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The global oil market has been supported by OPEC’s output cut deal
Kuwait’s crude oil rises $2.14 pb on Tuesday - KPC Commodities
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Oman crude oil up 68 cents on Tuesday Commodities
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Saudi Aramco is currently the most profitable company worldwide
World's top 2,000 list includes 40 Arab companies; Aramco ranked 5th Sector Reports
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Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla
Egypt plans EGP 19bn investments in petrochemical projects Commodities
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Photo Credit: Saudi Press Agency (SPA)
Saudi Arabia to invest in Iraq’s Akkas gas field Commodities
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Hotels in five governorates could reopen after receiving the safety certificate
Egypt grants health safety certificates to over 70 hotels Global Economy
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Egypt's production of natural gas increased to 7 bcf in September
Egypt's natural gas production reaches 7.2 bcf per day Macroeconomics
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HMM Algeciras containership's length is around 400 metres
World's largest container to cross Egypt's Suez Canal
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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 Macroeconomics
Bahrain launched Cloud First Policy in 2017
Pakiza Abdulrahman: Gov’t leads cloud adoption in Bahrain; private sector is following – Interview Macroeconomics
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Companies Investments
Vera Futorjanski during a panel at RiseUp Summit 2019
Vera Futorjanski: Startups must focus on solving local challenges – Interview Sector Reports
Credit Agricole is still developing SMEs portfolio and getting some resources
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Mohamed Okasha, Managing Director of Fawry
Interview: Fawry will use blockchain technology – Mohamed Okasha Event
Mohamed ElKasstawi as a speaker during RiseUp Summit 2019
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Islamic Finance
The issuance is part of a Sukuk programme at a maximum value of $2 billion
Warba Bank receives regulatory approval for KWD 150m Sukuk Sukuk and Islamic Finance
The outlook on all ratings was changed to ratings under review
Moody’s downgrades Arabian Centres ratings Real estate
Riyad Bank and MIS signed the finance agreement on 4 May
MIS signs SAR 290m Islamic finance deal Sukuk and Islamic Finance
Dividends will be distributed at SAR 0.0674 per unit
Albilad Sovereign Sukuk ETF announces dividends Sukuk and Islamic Finance
The banks' investments in stocks were lowered to AED 9.1bn in March
UAE banks slash bond, stock investments in March Sukuk and Islamic Finance
Capital Market Authority (CMA)
Mudaraba Fintech application receives experimental permit Sukuk and Islamic Finance
Sukuk trading suspension will begin on 15 June 2020
Riyad Bank to redeem SAR 4bn Sukuk Banking and Finance
The Sukuk is valued at $200 million
AUB Kuwait to pay $5.5m dividends to Ahli United Sukuk Cash Dividends
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ACWA Power plans $1bn Sukuk issuance Banking and Finance
The bought back Sukuk will be canceled
Dana Gas buys back $18m of Nile Delta Sukuk Banking and Finance
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Arab Markets
The laid-off employees represent 25% of the total workforce
Kuwait Airways to lay off 1,500 foreign employees
The per-litre price of Super 98 gasoline will be maintained at AED 1.91
UAE announces fuel prices for June Commodities
The death toll amounted to 441
Coronavirus cases in KSA exceed 80K
Aljeda will succeed Iyad Kamal who will leave the company on 31 May
Aramex names new acting COO Board of Directors
The turnover dropped to KWD 38.39 million
Boursa Kuwait ends Thursday mixed amid thin liquidity Trading Activities
A total of 139.40 million shares were exchanged
ADX ends Thursday in red Trading Activities
Emirates NBD generated AED 879.53 million in turnover
DFM drops 1.1% at Thursday's close Trading Activities
The total number of recoveries increased to 16,685
UAE records 563 new COVID-19 cases; tally at 32,532
Total active cases amounted to 15,229
Kuwait announces 845 new coronavirus cases
DP World seeks to connect all its 82 container terminals with TradeLens
DP World collaborates with TradeLens on global supply chain digitisation 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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