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29 May 11:52 PM

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
David Parker - co-chief Investment officer for the Financial Services sector at EDB
GCC sees growing trend for fintech platforms amid COVID-19 crisis
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
Qatar Arab Global Commodities
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Last Update: 21 May 01:15 PM
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The global oil market has been supported by OPEC’s output cut deal
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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 Global Economy
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Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla
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Photo Credit: Saudi Press Agency (SPA)
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Hotels in five governorates could reopen after receiving the safety certificate
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HMM Algeciras containership's length is around 400 metres
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Saudi oil exports down 10.75% in 2019 Commodities
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The price of flight tickets soared more than 70%
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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
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The banks' investments in stocks were lowered to AED 9.1bn in March
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Capital Market Authority (CMA)
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ACWA Power plans $1bn Sukuk issuance Sukuk and Islamic Finance
The bought back Sukuk will be canceled
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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 Macroeconomics
The death toll amounted to 441
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Aljeda will succeed Iyad Kamal who will leave the company on 31 May
Aramex names new acting COO Board of Directors
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A total of 139.40 million shares were exchanged
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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
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DP World seeks to connect all its 82 container terminals with TradeLens
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International Markets
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