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11 July 12:29 PM

Flights to Los Angeles will be resumed from 22 July
Emirates airline reopens flights to six more cities

Dubai - Mubasher: Emirates airline on Thursday announced the resumption of services to six more destinations, taking the airline’s network to 58 cities by mid-August, including 20 points in Europe and 24 points in the Asia Pacific region. Flights …
United States to leave WHO next year
Eurozone expected to see deeper recession than forecast
This is NEOM’s first partnership with leading renewable energy partners
NEOM, ACWA Power, Air Products ink $5bn agreement
The airline aims to operate nearly 45% of its pre-COVID capacity by August
Etihad Airways to expand services to 58 cities worldwide
Big four auditors in UK to separate practices by mid-2024
Tunisia Arab Global Commodities
PX1
6,607.71 0.06% 3.96
Volume 1,388,724 Turnover 4,175,626 No. of Trades: 2,410
21 Down 15 Flat 28 Up
No. of Traded Stocks : 64
Last Update: 10 July 12:10 PM
Latest News
Flights to Los Angeles will be resumed from 22 July
Emirates airline reopens flights to six more cities Global Economy
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The decision was made after reviewing Brent prices from April to June
Egypt keeps fuel prices on hold for 3M Macroeconomics
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United States to leave WHO next year Global Economy
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The shipment is expected to take place between 8 and 18 August.
Egypt buys 230,000 tonnes of Russian wheat Macroeconomics
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Eurozone expected to see deeper recession than forecast Global Economy
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This is NEOM’s first partnership with leading renewable energy partners
NEOM, ACWA Power, Air Products ink $5bn agreement Companies Investments
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The airline aims to operate nearly 45% of its pre-COVID capacity by August
Etihad Airways to expand services to 58 cities worldwide Global Economy
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The offers will be received on Tuesday 12:00 pm
Egypt launches int’l wheat tender 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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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 Banking and Finance
Iron prices have dropped by EGP 300 per tonne since the beginning of the week
Iron prices to further decline as EGP levels up Commodities
Bahrain launched Cloud First Policy in 2017
Pakiza Abdulrahman: Gov’t leads cloud adoption in Bahrain; private sector is following – Interview Sector Reports
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Central Banks
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
Antoine Paliard talks fintech innovation, startup contests – Interview Global Economy
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Islamic Finance
The issuance will target experienced investors residing in Saudi Arabia
SABB announces 1st local Sukuk issuance Sukuk and Islamic Finance
The offering aims to meet SABB’s financial and strategic needs
SABB sets up local Sukuk programme Banking and 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 Banking and 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 Sukuk and Islamic 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
No offer or agreement has been made to date
Maple Invest considers acquiring DAMAC Properties Companies Investments
The rating mirrors the emirate's long-term issuer rating
Moody's assigns provisional Baa2 to Sharjah's GMTN Programme Macroeconomics
The country’s foreign reserves increased by $2.2 billion in June
Egypt’s gold reserves jump $775m in H1-20 Macroeconomics
The market’s turnover reached EGP 1.22 billion
EGX ends Thursday in red on foreign selloffs Trading Activities
The factories have a total capital of SAR 2.18 billion
Saudi Arabia licenses 188 new factories in June Companies Investments
Mars Wrigley created more than 20,000 direct and indirect jobs in Egypt
Mars Wrigley invests $200m in Egypt Macroeconomics
Traded volumes amounted to 314.261 million shares
Tadawul closes Thursday in green Trading Activities
Turnovers totalled KWD 23.19 million
Boursa Kuwait closes Thursday on mixed note Trading Activities
Total fatalities from COVID-19 in KSA reached 2,100 today
Saudi Arabia records 3,183 COVID-19 cases on Thursday
The 2020 estimated budget was also approved
Makkah Chamber achieves SAR 82m revenues in 2019 Macroeconomics
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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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