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26 November 07:59 AM

Airlines to record $157bn losses in 2020, 2021 - IATA

The IATA warned of $157 billion losses expected to be witnessed by airlines in 2020 and 2021 due to COVID-19.
Elon Musk becomes world's second-richest person
AstraZeneca-Oxford COVID-19 vaccine can be 90% effective
Pfizer and BioNTech vaccine is called BNT162b2.
Pfizer says final data shows coronavirus vaccine is 95% effective
The Danish firm recorded a 39% quarterly rise in EBITDA.
Maersk sees faster-than-expected quarterly rebound
Amazon enters online pharmacy business  
Tunisia Arab Global Commodities
PX1
6,805.39 0.74% 50.32
Volume 517,536 Turnover 2,262,960 No. of Trades: 1,181
15 Down 16 Flat 29 Up
No. of Traded Stocks : 60
Last Update: 25 November 11:28 AM
Latest News
Airlines to record $157bn losses in 2020, 2021 - IATA Global Reports
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Elon Musk becomes world's second-richest person Global Reports
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AstraZeneca-Oxford COVID-19 vaccine can be 90% effective Global Reports
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Pfizer and BioNTech vaccine is called BNT162b2.
Pfizer says final data shows coronavirus vaccine is 95% effective Global Economy
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The Danish firm recorded a 39% quarterly rise in EBITDA.
Maersk sees faster-than-expected quarterly rebound Global Economy
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Amazon enters online pharmacy business   Global Reports
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This storage requirement is significantly below the standard for vaccines
Pfizer launches pilot delivery programme for COVID-19 vaccine in four US states Global Economy
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Moderna vaccine found 94.5% effective in preventing COVID-19 Global Reports
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OPEC+ starts meetings to support oil market amid COVID-19 Global Reports
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IEA says coronavirus vaccines unlikely to rescue oil market soon Oil and Energy
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Mubasher Exclusive
Zedny was founded in 2018
Online platforms for professional development - Interview with Zedny Sector Reports
The webinar discussed the Road to Digital Transformation and Innovation
Industry leaders discuss the future of digital transformation Banking and Finance
The price of 21-karat gold registered EGP 825 per gram
Egypt's gold prices drop on lower global prices Commodities
Saudi Stock Exchange (Tadawul)
Your guide to the new Saudi derivatives market - Infographic Macroeconomics
The derivatives market will be launched on Sunday, 30 August
Investors awaiting launch of Saudi derivatives market next week Derivatives
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? Global Economy
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? Banking and Finance
How the pandemic changed the e-payments outlook in MENA?
The future of e-payment solutions after COVID-19 Sector Reports
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Islamic Finance
Emirates NBD Capital was the sole manager of the transactions
Dubai collects $1.5bn from reopening of existing debt instruments Sukuk and Islamic Finance
The Sukuk was oversubscribed 5.7 times
DIB lists $1bn Sukuk on Nasdaq Dubai Banking and Finance
CIRA reported net profits of EGP 330.4 million in nine months
CIRA mulls issuance of Ijara Sukuk Sukuk and Islamic Finance
The hired banks comprise Bank ABC, CBD
DAE hires banks for US dollar Sukuk issuance Companies Investments
DIB has achieved the lowest yield by any bank globally
DIB closes lowest yield AT1 Sukuk Sukuk and Islamic Finance
The banks will act as joint lead managers and joint bookrunners
DIB mandates banks for additional Tier 1 Sukuk issuance Sukuk and Islamic Finance
The law will allow the country to enter the Islamic finance sector
Egypt’s cabinet approves draft law on sovereign Sukuk Banking and Finance
Photo Archive
Banque Saudi Fransi completes SAR 5bn Additional Tier 1 Sukuk issue Banking and Finance
The company has repurchased $221m of the Sukuk
Dana Gas fully redeems $309m outstanding Sukuk Sukuk and Islamic Finance
The capital will also support the development of Islamic financing activities
IsDB's private arm lists $600m Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
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Arab Markets
The kingdom’s overall GDP in 2020 is predicted to fall by 3.6%.
Jadwa expects KSA non-oil GDP to fall 2.7% in 2020 Macroeconomics
This rating shows DNIR's strong balance sheet
AM Best affirms Dubai National Insurance's credit rating; outlook positive Ratings
Photo Archive
Saudi Amiantit secures high rank in local content programme Companies Investments
The company has completed the acquisition of Shirlington Tower
Dubai's neo capital acquires commercial properties in US, The Netherlands Companies Investments
Abo Moati logged the highest liquidity of SAR 637.276 million on Wednesday.
TASI rises for fourth day on Wednesday to 15-month high Trading Activities
The loan aims to finance part of the authority's projects to support the industry
Egypt's cabinet nods to EGP 10bn loan for SCZone Banking and Finance
SEC's baseline credit assessment (BCA) remained unchanged at baa1.
Moody's raises SEC’s ratings to A1 on increased government support Ratings
The financial institution sector was provided with about AED 52bn
UAE banks' credit facilities to non-residents hit AED 193bn in 9M Macroeconomics
Photo Archive
Al Rajhi Bank names new chairman, vice chairman Management Decisions
Egypt has the largest share of the investment projects
Egypt implements 32% of COMESA's projects in 7M 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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