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18 February 04:56 AM

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.
GM to withdraw from Australia, New Zealand, Thailand
Operating income rose by 49% annually in Q4-19
Inovest logs 49% lower profit in 2019; dividends proposed
US mulls halting GE engine deliveries to China's new aircraft
Earnings per share (EPS) stood at 0.02 cents last year.
Ithmaar Holding turns profitable in 2019; Zero dividends proposed
Omani crude oil output falls 1.26% MoM in January 2020
Bahrain Arab Global Commodities
BSEX
1,662.79 0.06% 0.92
Volume 3,288,365 Turnover 662,356 No. of Trades: 47
3 Down 5 Flat 4 Up
No. of Traded Stocks : 12
Last Update: 17 February 01:00 PM
Latest News
GM to withdraw from Australia, New Zealand, Thailand Global Reports
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New Zealand lowers growth forecasts due to coronavirus epidemic Global Reports
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The USD dropped to EGP 15.65 for buying at ADIB
USD falls against EGP at local banks on Monday Central Banks
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Operating income rose by 49% annually in Q4-19
Inovest logs 49% lower profit in 2019; dividends proposed Board of Directors
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US mulls halting GE engine deliveries to China's new aircraft Global Markets brief
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Earnings per share (EPS) stood at 0.02 cents last year.
Ithmaar Holding turns profitable in 2019; Zero dividends proposed Financial Results
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Omani crude oil output falls 1.26% MoM in January 2020 Oil and Energy
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Royal Bank of Scotland plans rebranding, cutting investment-banking business Global Markets brief
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The industrial sector stabilised
Bahrain Bourse rises 0.4% in week Stock Evaluations
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Photo Archive
Alba profits down 91% in 2019 Financial Results
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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 Companies Investments
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
Bahrain launched Cloud First Policy in 2017
Pakiza Abdulrahman: Gov’t leads cloud adoption in Bahrain; private sector is following – Interview Macroeconomics
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 Macroeconomics
Salma is the Arabic version of Google Home and Amazon Alexa
Story behind first Arabic voice assistant ‘Salma’ – Interview Companies Investments
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Event
Vera Futorjanski during a panel at RiseUp Summit 2019
Vera Futorjanski: Startups must focus on solving local challenges – Interview Sector Reports
The price of flight tickets soared more than 70%
UAE hotels to see record occupancy levels on Christmas holidays Macroeconomics
Credit Agricole is still developing SMEs portfolio and getting some resources
Antoine Paliard talks fintech innovation, startup contests – 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 Banking and 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 Sukuk and Islamic 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 Banking and Finance
Saudi Arabian Monetary Authority (SAMA)
Saudi banks increase investments in gov’t bonds Bonds
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
Ministry of Finance
Saudi Arabia closes January Sukuk issuance Central Banks
Mumtalakat’s CEO Khalid Al Rumaihi
Mumtalakat receives $4bn orders for $500m sukuk Sukuk and Islamic 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 Reports
Household credit expanded by 5% in 2019
Kuwait’s local credit grows at 4.3% in 2019 - NBK Banking and Finance
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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