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11 August 01:01 PM

Marriott sees greater-than-expected quarterly loss

Marriott International reported on Monday a bigger-than-expected quarterly loss, as room bookings and global travel were hit hard by the coronavirus crisis.

Senators urge US Trade Representative to lift tariffs on EU goods
Unilever may cancel HQ unification plan over Dutch exit tax
Egypt's Minister of International Cooperation, Rania El-Mashat
Egypt launches first platform for closing the gender gap accelerator
The third stage will be conducted on 5,000 participants in the kingdom
Saudi Arabia starts phase three clinical trial of COVID-19 vaccine
Lufthansa plans for compulsory job cuts
Tunisia Arab Global Commodities
PX1
6,721.65 0.28% 18.63
Volume 1,255,232 Turnover 9,187,866 No. of Trades: 1,892
23 Down 24 Flat 27 Up
No. of Traded Stocks : 74
Last Update: 12:10 PM
Latest News
Marriott sees greater-than-expected quarterly loss Global Reports
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Senators urge US Trade Representative to lift tariffs on EU goods Global Reports
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Unilever may cancel HQ unification plan over Dutch exit tax Global Reports
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Egypt's Minister of International Cooperation, Rania El-Mashat
Egypt launches first platform for closing the gender gap accelerator International Agreements
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The joined members can now provide brokerage services for derivatives trading
Tadawul welcomes five members to derivatives market Derivatives
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The third stage will be conducted on 5,000 participants in the kingdom
Saudi Arabia starts phase three clinical trial of COVID-19 vaccine Global Economy
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Lufthansa plans for compulsory job cuts Global Reports
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The OSPs to Northwestern Europe declined by $2.5
Saudi Aramco sets crude selling prices for September Commodities
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Bank of England keeps interest rates unchanged, expects slower recovery Global Reports
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US, China to review trade deal mid-August Global Reports
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Mubasher Exclusive
The price of 24-karat gold amounted to EGP 1,046 per gram
Egypt's gold prices rise to all-time high Macroeconomics
The price of 24-karat gold stood at EGP 958.85 per gram
Gold prices register new record high in Egypt Commodities
The sensor could be used in NASA's next Venus rover
Egyptian engineer wins NASA design competition Global Economy
The government pays farmers between EGP 670 and EGP 700 per ardeb
Egypt buys 3.5m tonnes of local wheat since mid-April Commodities
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 Global Economy
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 Macroeconomics
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Global Economy
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Islamic Finance
The total Sukuk issuance retreated by 12% in H1-20
Sukuk issuance to decrease 5% in 2020 - Moody's Sukuk and Islamic Finance
The Sukuk aims to reinforce the bank's capital
Khaleeji Commercial Bank finalises $159m Sukuk issuance Banking and Finance
The transaction will significantly strengthen the lender’s financial position
Khaleeji Commercial Bank issues $159m Sukuk Banking and Finance
The Nile Delta Sukuk will mature on 31 October
Dana Gas appoints financial adviser for Nile Delta Sukuk Sukuk and Islamic Finance
The par value of each bond is SAR 1 million
SABB offers SAR 5bn local Sukuk Banking and Finance
Sarwa Capital achieved net profits of EGP 93.78 million in Q1-20
Sarwa Capital's unit eyes EGP 2.5bn Sukuk issuance Corporate Actions
Amer Group achieved net profits of EGP 10.65 million in Q1-20
Amer inks protocol with Misr Capital, Sarwa to study Sukuk issuance Corporate Actions
This listing is DP World’s inaugural perpetual issuance
DP World lists $1.5bn perpetual Sukuk on Nasdaq Dubai Sukuk and 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
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Arab Markets
BLOM Bank received the CBE's approval to start the due diligence process
Lebanon’s BLOM Bank mulls sale of Egypt's subsidiary Banking and Finance
The market cap value increased by AED 400m
ADX ends Tuesday in green zone Trading Activities
Four companies have already completed the registration procedures
Egypt starts manufacturing COVID-19 drug Favipiravir Macroeconomics
The market cap registered AED 296.84 billion
DFM maintains upward performance on Tuesday Trading Activities
The Egyptian firm’s sales rose to EGP 1.248 billion
Obour Land's profit up 10% in H1-20 Financial Results
One new COVID-19 death case was confirmed
UAE records 262 COVID-19 cases, 195 recoveries
Eastern Province could achieve SAR 216.3 million in net income for 2020
AlJazira Capital revises TP of Eastern Province Stock Evaluations
Dubai registered a robust expansion in output
Dubai economy returns to growth for first time in five months Macroeconomics
The main natural gas networks will be built by Sinai Gas
Egypt to extend natural gas line to East Port Said's industrial zone Macroeconomics
The company's revenues fell to EGP 1.43 billion
Egypt Gas moves to losses in H1-20 Financial Results
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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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