Daily Archive: Wednesday, June 17, 2020

Saudi property firm Amlak RIYADH: Saudi real estate financing firm Amlak International said it will float 30 percent of its shares in Riyadh, in what will be the exchange’s first initial public offering (IPO) since …

FIRA, Greece: From the emblematic island of Santorini, Greek Prime Minister Kyriakos Mitsotakis said that Greece is “ready to welcome tourists” in complete safety after the coronavirus lockdown, whose impact on tourism will be “significant.” …

Cyprus International tourism NICOSIA: Cyprus will reopen for international tourism on Tuesday, with airports welcoming visitors after an almost three-month shutdown, and a bold plan to cover health-care costs for visitors. But with arrivals expected …

DUBAI: Emirates and Etihad Airways, the UAE’s two largest carriers, said they will resume transit flights as the country’s key aviation sector slowly emerges from pandemic paralysis. Dubai-based Emirates said on Thursday it will operate …

$1bn sukuk DUBAI: Sharjah, the third-largest emirate of the UAE, sold $1 billion in seven-year sukuk, or Islamic bonds, on Tuesday, according to a document from one of the banks arranging the deal. The debt …