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17 February 10:47 PM

New Zealand lowers growth forecasts due to coronavirus epidemic

Economic growth in New Zealand is expected to slow to around 2% to 2.5% in 2020, as a result of the coronavirus outbreak impact.
Abu Dhabi encourages local and foreign investors to initiate their industrial businesses
Abu Dhabi’s industrial facilities grow by over 57% in 2019
DSI's reputation followed Tabari's statement on 5 February
DSI denies arrested former CEO’s claims
GM to withdraw from Australia, New Zealand, Thailand
The agreements are expected to remain effective until 2023
Etihad Cargo partners with dnata to handle 15 global stations
Emirates' CPI recorded 106.15 points in January 2020
UAE’s inflation continues to decline for 14th month in row
UAE Arab Global Commodities
DFMGI ADI
DFMGI
2,749.28 0.53% 14.54
Volume 263,136,804 Turnover 265,157,954 No. of Trades: 3,676
6 Down 4 Flat 24 Up
No. of Traded Stocks : 34
Last Update: 01:59 PM
ADI
5,082.45 0.39% 19.63
Volume 41,415,065 Turnover 189,788,242 No. of Trades: 1,126
5 Down 4 Flat 16 Up
No. of Traded Stocks : 25
Last Update: 02:00 PM
Latest News
Abu Dhabi encourages local and foreign investors to initiate their industrial businesses
Abu Dhabi’s industrial facilities grow by over 57% in 2019 Macroeconomics
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DSI's reputation followed Tabari's statement on 5 February
DSI denies arrested former CEO’s claims Law
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GM to withdraw from Australia, New Zealand, Thailand Global Reports
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The agreements are expected to remain effective until 2023
Etihad Cargo partners with dnata to handle 15 global stations Companies Investments
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Emirates' CPI recorded 106.15 points in January 2020
UAE’s inflation continues to decline for 14th month in row Macroeconomics
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The company’s net operating income increased to AED 227.816m
Finance House logs AED 22m net profits in 2019 Financial Results
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New Zealand lowers growth forecasts due to coronavirus epidemic Global Reports
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DP World will be wholly owned by Port and Free Zone World
DP World to delist from Nasdaq Dubai on shares acquisition Companies Investments
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The market cap value increased by AED 2.31 billion
ADX maintains upward performance on Monday Stock Evaluations
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The market cap value rose by around AED 470 million
DFM up on Monday; market cap records AED 378.18bn Trading Activities
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Mubasher Exclusive
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
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 Event
The banking sector increased by 26.6%
DFM levels up 235 pts in 2019; Market cap hits AED 374.2bn Stock Evaluations
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 Event
Ali Mohammad Al Shuraidah was appointed as the chairman
Aan Digital announces new chairman, board members Corporate Actions
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Central Banks
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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 Cash Dividends
Sukuk receiving bids worth a total of $4.59 billion
Boubyan Bank issues $750m Sukuk Banking and Finance
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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 Banking and Finance
CIAF Leasing will be the issuer of sukuk worth $50 million
CIAF Leasing, Talaat Moustafa to issue sukuk in 3 months Banking and Finance
Ministry of Finance
Saudi Arabia closes January Sukuk issuance Treasury Bills
Mumtalakat’s CEO Khalid Al Rumaihi
Mumtalakat receives $4bn orders for $500m sukuk Banking and Finance
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Arab Markets
Abu Dhabi encourages local and foreign investors to initiate their industrial businesses
Abu Dhabi’s industrial facilities grow by over 57% in 2019 Macroeconomics
The North African nation spent EGP 9.87 billion on fuel subsidies
Egypt slashes spending on fuel subsidies by 67% in H1-19/20 Macroeconomics
DSI's reputation followed Tabari's statement on 5 February
DSI denies arrested former CEO’s claims Law
Market capitalisation gained EGP 2.38 billion
EGX ends Monday higher on foreign buying Trading Activities
GM to withdraw from Australia, New Zealand, Thailand Global Markets brief
Household credit expanded by 5% in 2019
Kuwait’s local credit grows at 4.3% in 2019 - NBK Macroeconomics
The agreements are expected to remain effective until 2023
Etihad Cargo partners with dnata to handle 15 global stations Companies Investments
TASI ended the second session of the week at 7,872.55 points
Tadawul up 0.97% at Monday’s close Trading Activities
Emirates' CPI recorded 106.15 points in January 2020
UAE’s inflation continues to decline for 14th month in row Macroeconomics
Photo Archive
Steel prices rise second month in row; cement at 38M-high Sector Reports
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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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