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05 August 07:42 PM

Beirut explosion causes $3-5bn damages – Governor

Mubasher: The massive blast that shook the Lebanese capital on Tuesday caused between $3 billion and $5 billion worth of damage.

Nestlé reports 9.5% drop in H1 sales
BP reports $16.8bn quarterly losses, slashes dividends
Forbes launched the list last year
Fashion sector represents 42% of Forbes’ Women Behind Middle Eastern Brands 2020 list
Siemens Healthineers to acquire Varian for $16.4bn
TikTok to offer creators $2bn in next three years
Tunisia Arab Global Commodities
PX1
6,687.87 1.20% 79.30
Volume 554,992 Turnover 4,224,368 No. of Trades: 1,857
19 Down 13 Flat 25 Up
No. of Traded Stocks : 57
Last Update: 12:10 PM
Latest News
The price of 24-karat gold amounted to EGP 1,046 per gram
Egypt's gold prices rise to all-time high Macroeconomics
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Beirut explosion causes $3-5bn damages – Governor Global Reports
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Nestlé reports 9.5% drop in H1 sales Global Reports
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BP reports $16.8bn quarterly losses, slashes dividends Global Reports
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Photo Archive
Average Dubai crude oil price rises to $43.278 pb in July Macroeconomics
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Forbes launched the list last year
Fashion sector represents 42% of Forbes’ Women Behind Middle Eastern Brands 2020 list Companies Investments
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Siemens Healthineers to acquire Varian for $16.4bn Global Reports
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TikTok to offer creators $2bn in next three years Global Reports
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The new plane is the last one of this model
EgyptAir receives eighth Airbus A320neo plane Companies Investments
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GE posts wider than expected loss in Q2 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 Global Economy
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Event
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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 Sukuk and Islamic Finance
The Nile Delta Sukuk will mature on 31 October
Dana Gas appoints financial adviser for Nile Delta Sukuk Management Decisions
The par value of each bond is SAR 1 million
SABB offers SAR 5bn local Sukuk Sukuk and Islamic Finance
Sarwa Capital achieved net profits of EGP 93.78 million in Q1-20
Sarwa Capital's unit eyes EGP 2.5bn Sukuk issuance Sukuk and Islamic Finance
Amer Group achieved net profits of EGP 10.65 million in Q1-20
Amer inks protocol with Misr Capital, Sarwa to study Sukuk issuance Sukuk and Islamic Finance
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 Banking and Finance
The offering aims to meet SABB’s financial and strategic needs
SABB sets up local Sukuk programme Sukuk and Islamic 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
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Arab Markets
The project is aimed at achieving a balance in the local meat market
Egypt to allocate additional EGP 1bn to veal project Macroeconomics
The company is seeking to delist its 458.02 million shares
Alexandria Portland Cement submits voluntary delisting request Corporate Actions
The market’s turnover registered EGP 1.25 billion
EGX gains EGP 3.7bn in market cap at Wednesday's close Trading Activities
The Q2-20 profits amounted to SAR 955 million
Samba profits grow 2% in Q2 Financial Results
Bids will be opened on Sunday, 9 August.
Egypt launches tender to buy 5K tonnes of vegetable oils Macroeconomics
A total of 229.077 million shares were exchanged today
TASI adds 11.05 pts at Wednesday’s close Trading Activities
Total payments made through SADAD registered SAR 174.136 billion in H1-20
SADAD payments in KSA down 21% in H1 Central Banks
The price of 24-karat gold amounted to EGP 1,046 per gram
Egypt's gold prices rise to all-time high Macroeconomics
The Sukuk aims to reinforce the bank's capital
Khaleeji Commercial Bank finalises $159m Sukuk issuance Banking and Finance
Egypt’s tourism revenues dropped by 11.5% in Q1-20
Egypt's tourism revenue losses forecast at 2% of GDP – IMF Macroeconomics
More
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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