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06 July 07:34 PM

Big four auditors in UK to separate practices by mid-2024

The UK's Big Four accounting firms, comprising PwC, Deloitte, KPMG, and EY, will separate their audit practices by June 2024.
Uber acquires on-demand food delivery app Postmates for $2.65bn
Fujifilm collaborates with GRA, Dr Reddy’s for potential coronavirus drug
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
Palestine Arab Global 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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Fields in the zone could produce around 500,000 b/d
Saudi Arabia, Kuwait resume oil output from Al Wafra, Khafji Macroeconomics
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Aramco raised August prices to all markets
Saudi Aramco raises August oil prices Commodities
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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 Macroeconomics
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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 Macroeconomics
Bahrain launched Cloud First Policy in 2017
Pakiza Abdulrahman: Gov’t leads cloud adoption in Bahrain; private sector is following – Interview Event
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Global Economy
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 Central Banks
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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 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
The Egyptian pound has recently appreciated against the US dollar
Int’l funds pump $440m investments into Egypt on Monday Banking and Finance
Photo Archive
TASI closes Monday in green Trading Activities
EBE achieved net profits of EGP 978.29 million in nine months
EBE's arm obtains factoring licence
Big four auditors in UK to separate practices by mid-2024 Global Reports
The market’s turnover amounted to EGP 1.855 billion
EGX ends Monday on positive note Trading Activities
The bank allocated $2.3 billion to support member countries withstand COVID-19
IsDB finances 338 projects in Egypt with $12.8bn Banking and Finance
Central Bank of Kuwait
FDI in Kuwait up 2% in 2019 Macroeconomics
The government pays farmers between EGP 670 and EGP 700 per ardeb
Egypt buys 3.5m tonnes of local wheat since mid-April Commodities
Uber acquires on-demand food delivery app Postmates for $2.65bn Global Economy
The flights to Alexandria will be operated three times a week
Air Arabia Abu Dhabi to begin operations with flights to Egypt 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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