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22 January 04:48 PM

Sputnik V is the third COVID-19 vaccine approved in the UAE
UAE approves Russia's Sputnik vaccine for emergency use

UAE - Mubasher: The UAE Ministry of Health and Prevention has approved the Russian coronavirus (COVID-19) vaccine, Sputnik V, for emergency use, the Emirates News Agency (WAM) reported. Sputnik V is the third COVID-19 vaccine to be approved for …
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Latest News
Sputnik V is the third COVID-19 vaccine approved in the UAE
UAE approves Russia's Sputnik vaccine for emergency use Global Economy
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Biden to be sworn in as US President on Wednesday Global Reports
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Bahrain expected to raise $2 billion in bond sale Global Reports
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Britain’s inflation starts climb as Covid, Brexit effects combine Global Reports
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Bank of America sees lower profits in Q4-20 Global Reports
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Tesla starts delivering first Shanghai-made Model Y crossovers in China Global Reports
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IEA lowers 2021 global oil demand outlook amid COVID-19 Oil and Energy
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The supercomputer is named after the first oil well discovered in Saudi Arabia.
Saudi Aramco, STC launch Dammam 7 supercomputer Companies Investments
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The Qatari air carrier will resume services to Alexandria on 25 January
Qatar Airways resumes flights to Cairo
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Emirates’ trade surplus with GCC hits AED 3bn in 9M Macroeconomics
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The price of 21-karat gold registered EGP 825 per gram
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Saudi Stock Exchange (Tadawul)
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COVID-19 made investments in healthcare a top priority
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Islamic Finance
The Sukuk issuances were divided into two tranches.
Saudi MoF closes January issue of local Sukuk Program at SAR 2.95bn Banking and Finance
Each of the minimum subscription value and Sukuk par value amounts to $200,000.
NCB starts issuing USD-denominated Additional Tier 1 Sukuk Banking and Finance
The Sukuk offering end date is 9 February 2021.
Riyad Bank starts offering Tier 2 Sukuk Sukuk and Islamic Finance
The potential offer aims is to strengthen the bank’s capital base.
Riyad Bank plans issuing Tier 2 Sukuk Sukuk and Islamic Finance
The potential offer aims to enhance the bank's tier 1 capital.
NCB plans issuing dollar Additional Tier 1 Sukuk Sukuk and Islamic Finance
The Sukuk was issued at MS+90bps
FAB issues five-year $500m Sukuk Banking and Finance
The GCC governments have issued $47.5 billion bonds
GCC records $142bn bond, Sukuk issuances in 11M Sukuk and Islamic Finance
Sukuk maturities are predicted to be at $115.7 billion over the next five years.
GCC governments could see $157.1bn in fixed income maturities in 5 yrs Bonds
The issuance of the Sukuk is managed by EFG Hermes
CIRA gets FRA's approval for EGP 600m Sukuk issuance Corporate Actions
FRA expects Sukuk issuances worth EGP 10 billion in 2021
Egypt’s FRA approves third Sukuk issuance in 2020 valued at EGP 600m Sukuk and Islamic Finance
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Arab Markets
Canal Shipping Agencies posted net profits of EGP 41.05 million in three months
Canal Shipping Agencies names new CEO, Managing Director Board of Directors
Banks will be reopened on Sunday, 31 January
CBE announces 25 January Revolution holiday Central Banks
The AOI also agreed with TAQA Arabia to establish natural gas refuelling stations
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Bahri’s unit will use the loan in covering 80% of the cost of building 10 chemical tankers.
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The solar landfill project will produce up to 120MW of clean energy
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Revenue for the October-December period of 2020 fell by 9.1% annually.
SABIC Agri-Nutrients reports 32% lower profit in Q4 Financial Results
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These projects have resulted in economic benefits
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The company’s revenues reached SAR 2.5 billion in Q4-20.
Saudi Kayan swings to profits in Q4 Financial Results
The decision will help drive new investments into the education sector
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International Markets
Eurozone manufacturing growth at fastest pace since May 2018
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