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20 October 04:57 PM

Intel to sell NAND business to S.Korean chipmaker for $9bn

Mubasher: Intel Corp has reached an agreement to sell its NAND memory chip business to South Korea’s SK Hynix Inc for $9 billion.
NASA selects Nokia to build moon’s first 4G mobile network
Alibaba takes over hypermarket operator Sun Art in $3.6bn deal
Ant Group receives approval for listing on Hong Kong bourse
Oman is expected to dive into a 10% contraction in 2020.
Economic output in GCC countries expected to fall 6% this year, IMF says
The final Forbes list is composed of 750 multinational and large corporations headquartered in 45 countries.
Saudi Aramco ranked 1st regionally in Forbes "World's Best Employers" list; 26th globally
Qatar Arab Global Commodities
GNRI
10,015.52 0.16% 15.86
Volume 198,611,876 Turnover 501,583,369 No. of Trades: 8,394
26 Down 2 Flat 18 Up
No. of Traded Stocks : 46
Last Update: 01:15 PM
Latest News
Intel to sell NAND business to S.Korean chipmaker for $9bn Global Reports
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NASA selects Nokia to build moon’s first 4G mobile network Global Reports
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Alibaba takes over hypermarket operator Sun Art in $3.6bn deal Global Economy
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Ant Group receives approval for listing on Hong Kong bourse Global Reports
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Oman is expected to dive into a 10% contraction in 2020.
Economic output in GCC countries expected to fall 6% this year, IMF says Macroeconomics
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The final Forbes list is composed of 750 multinational and large corporations headquartered in 45 countries.
Saudi Aramco ranked 1st regionally in Forbes "World's Best Employers" list; 26th globally Global Economy
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Zedny was founded in 2018
Online platforms for professional development - Interview with Zedny Global Economy
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Facebook to use AI for renewable energy storage Global Reports
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UK’s electric vehicle startup Arrival raises $118m investment from BlackRock Global Reports
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Bank of America earnings drop on higher provisions Global Reports
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Mubasher Exclusive
Zedny was founded in 2018
Online platforms for professional development - Interview with Zedny Global Economy
The webinar discussed the Road to Digital Transformation and Innovation
Industry leaders discuss the future of digital transformation Global Economy
The price of 21-karat gold registered EGP 825 per gram
Egypt's gold prices drop on lower global prices Macroeconomics
Saudi Stock Exchange (Tadawul)
Your guide to the new Saudi derivatives market - Infographic Derivatives
The derivatives market will be launched on Sunday, 30 August
Investors awaiting launch of Saudi derivatives market next week Markets Regulations
COVID-19 made investments in healthcare a top priority
COVID-19 and the future of digital healthcare services Global Economy
This recession is forecast to drive lower investments
What should the world learn from the COVID-19 crisis? Event
Technology will help bring the best quality of education to all pupils
The rise of EdTech amid a pandemic; ephemeral boom or a new era? Event
The three-day event was held between 13 and 15 August
How can businesses prepare for the next pandemic? Global Economy
For an enterprise system stability is more important than functionality
How a startup application can be a modern enterprise system? Event
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Islamic Finance
The planned Sukuk is part of a $3 billion Sukuk programme
Etihad Airways plans to sell US dollar transition Sukuk Sukuk and Islamic Finance
Photo Archive
Moody's assigns Baa3(hyb) Tier 2 ratings to ANB’s trust certificate Ratings
The Sukuk issue will support the bank’s capital base and fulfill its financial and strategic needs.
ANB plans issuing US dollar-denominated Tier 2 capital Sukuk Sukuk and Islamic Finance
Both of the Sukuk listing price and return are subject to market conditions.
Banque Saudi Fransi starts issuing SAR-denominated Additional Tier 1 Sukuk Banking and Finance
Photo Archive
Banque Saudi Fransi plans issuing SAR-denominated Additional Tier 1 Sukuk Banking and Finance
The loan will finance Porto October’s 1.38 million sqm project
Porto Group inks EGP 500m Musharakah deal with Banque Misr Sukuk and Islamic Finance
The credit facility will enable the company to redeem the Sukuk
Dana Gas enters $90m credit facility agreement with Mashreq Bank Sukuk and Islamic Finance
The Sukuk issuance aims to enhance the bank's capital base
KIB obtains CMA's approval to $300m Sukuk issuance Banking and Finance
The bonds or Sukuk are valued at $1 billion in aggregate
Tabreed authorises board to issue $1bn bonds and/or Sukuk Sukuk and Islamic Finance
The Sukuk issuance was 2.4 times oversubscribed
Emirates Islamic lists $500m Sukuk on Nasdaq Dubai Banking and Finance
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Arab Markets
The collaboration will launch in Jakarta
dnata, Indonesia's UNEX to enter Indonesian aviation market Companies Investments
The loans financed a total of 12,596 projects
Mashroak provides EGP 1.805bn loans for youth in Sharqia Macroeconomics
Photo Archive
Tadawul delists government debt instruments worth SAR 2.15bn Markets Regulations
The turn to loss was driven by a slump in the average selling prices of products.
Saudi Kayan moves to SAR 28m loss in Q3 Financial Results
The planned Sukuk is part of a $3 billion Sukuk programme
Etihad Airways plans to sell US dollar transition Sukuk Sukuk and Islamic Finance
The company's profits slid to SAR 397.53 million in Q3-20.
SAFCO logs 4% lower earnings in Q3 Financial Results
The performance of exports improved in the third quarter
Egypt’s printing and packaging exports rise 20% in nine months Macroeconomics
Minister of Communications and Information Technology, Amr Talaat
Egypt’s MCIT keen on helping startups achieve sustainable growth
The ministry has conducted 112,196 COVID-19 tests
UAE registers 1,077 new COVID-19 cases
The First International Summit will take place on Wednesday, 4 November 2020.
Saudi Standards to host First International Summit of Standards Macroeconomics
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International Markets
Eurozone manufacturing sector sees strongest growth in over two years
Eurozone inflation turns negative for first time in four years
Global markets may return to fundamentals in 2020 –Emirates NBD
BOE maintains rates at 0.75%, drops limited and gradual tightening
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