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20 February 05:15 AM

UK citizens may not completely abandon cash – GlobalData

Mubasher: Cash use In the UK is rapidly declining, as more consumers adopt new means of payment such as contactless cards and mobile payments.
The KYC platform is set to be launched in the first quarter of 2020
Dubai Economy collaborates with 6 banks to share data
Sharjah's stable outlook reflects the resilience at the ‘Baa2’ rating
Moody's downgrades Sharjah’s rating to ‘Baa2’; Outlook ‘Stable’
The projects are part of ‘Ghadan 21’ initiative
Abu Dhabi plans to issue AED 10bn infrastructure project tenders
General Motors to lay off 1,500 employees in Thailand
Petrofac will construct the offshore facilities of Dalma Gas Project
ADNOC awards two $1.65bn contracts to Petrofac
UAE Arab Global Commodities
DFMGI ADI
DFMGI
2,728.05 -0.77% -21.19
Volume 141,736,013 Turnover 124,515,029 No. of Trades: 2,283
23 Down 5 Flat 7 Up
No. of Traded Stocks : 35
Last Update: 19 February 02:00 PM
ADI
5,073.82 0.36% 18.08
Volume 121,350,536 Turnover 325,740,146 No. of Trades: 1,691
11 Down 5 Flat 13 Up
No. of Traded Stocks : 29
Last Update: 19 February 02:00 PM
Latest News
UK citizens may not completely abandon cash – GlobalData Global Markets brief
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The KYC platform is set to be launched in the first quarter of 2020
Dubai Economy collaborates with 6 banks to share data Macroeconomics
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Sharjah's stable outlook reflects the resilience at the ‘Baa2’ rating
Moody's downgrades Sharjah’s rating to ‘Baa2’; Outlook ‘Stable’ Ratings
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The projects are part of ‘Ghadan 21’ initiative
Abu Dhabi plans to issue AED 10bn infrastructure project tenders Macroeconomics
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General Motors to lay off 1,500 employees in Thailand Global Markets brief
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Petrofac will construct the offshore facilities of Dalma Gas Project
ADNOC awards two $1.65bn contracts to Petrofac Companies Investments
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Group Photo at the TRIGEM Charlotte Boiling Facility
DMCC opens TRIGEM’s fully certified Belgian diamond facility Companies Investments
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A total of 121.35 million shares were exchanged
ADX up on Wednesday; market cap records AED 531.98bn Stock Evaluations
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The market cap value retreated by around AED 1.67bn
DFM maintains negative performance on Wednesday Trading Activities
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Global prices remained unchanged on Tuesday
Kuwait’s oil dips 77 cents on Tuesday – KPC Macroeconomics
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Mubasher Exclusive
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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 Macroeconomics
Dana Gas is continuously taking all necessary precautions to protect its business
Dana Gas’ business in Kurdistan normal – Official Macroeconomics
Bahrain launched Cloud First Policy in 2017
Pakiza Abdulrahman: Gov’t leads cloud adoption in Bahrain; private sector is following – Interview Global Economy
The banking sector increased by 26.6%
DFM levels up 235 pts in 2019; Market cap hits AED 374.2bn Trading Activities
Startups do not repay the funding since it is a grant by Tamkeen
How can non-local startups get grants in Bahrain? – Interview with Pakiza Abdulrahman Companies Investments
Salma is the Arabic version of Google Home and Amazon Alexa
Story behind first Arabic voice assistant ‘Salma’ – Interview Companies Investments
Ali Mohammad Al Shuraidah was appointed as the chairman
Aan Digital announces new chairman, board members Corporate Actions
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Islamic Finance
The offering will mature on 25 February
Riyad Bank completes 1st offering of int’l sukuk Banking and Finance
Photo Archive
Riyad Bank launches int’l Sukuk programme Sukuk and Islamic Finance
Photo Archive
Dar Alarkan intends to issue dollar Sukuk Banking and Finance
DIB's net income grew by 13% to AED 9.266 billion
DIB reports higher net profits at AED 5.102bn in 2019; dividends proposed Sukuk and Islamic Finance
Sukuk receiving bids worth a total of $4.59 billion
Boubyan Bank issues $750m Sukuk Banking and Finance
Photo Archive
Riyad Bank creates $3bn Sukuk programme Banking and Finance
Photo Archive
Tadawul issues AlBilad Saudi Sovereign Sukuk ETF terms Sukuk and Islamic Finance
Riyad Bank
Moody's assigns A2 rating to Riyad Bank's $3bn Sukuk Ratings
Saudi Arabian Monetary Authority (SAMA)
Saudi banks increase investments in gov’t bonds Sector Reports
CIAF Leasing will be the issuer of sukuk worth $50 million
CIAF Leasing, Talaat Moustafa to issue sukuk in 3 months Sukuk and Islamic Finance
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Arab Markets
Earnings per share reached 7.7 fils
Warba Bank registers 30% YoY higher profit in 2019 Financial Results
UK citizens may not completely abandon cash – GlobalData Global Markets brief
The KYC platform is set to be launched in the first quarter of 2020
Dubai Economy collaborates with 6 banks to share data Macroeconomics
President Abdel Fattah El Sisi and his Belarus counterpart Alexander Lukashenko
Egypt inks 4 MoUs with Belarus Macroeconomics
Speed Medical will manage Al Safwa Laboratories
Speed Medical signs MoU to acquire Al Safwa Laboratories Mergers and Acquisitions
RevPAR in Cairo is expected to increase by 2% YoY
Hotel rooms in Egypt to generate higher revenue in 2020 Macroeconomics
Sharjah's stable outlook reflects the resilience at the ‘Baa2’ rating
Moody's downgrades Sharjah’s rating to ‘Baa2’; Outlook ‘Stable’ Ratings
The projects are part of ‘Ghadan 21’ initiative
Abu Dhabi plans to issue AED 10bn infrastructure project tenders Macroeconomics
This rise in the Saudi WPI is driven by an increase in prices of four sectors
Saudi Arabia sees 4.3% higher wholesale prices in January Macroeconomics
Authorised capital increased to EGP 500 million
EGX approves Delta Insurance’s capital hike Corporate Actions
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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