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19 February 07:21 AM

Dell seals $2bn deal to sell $2bn cybersecurity unit

Mubasher: Dell Technologies has entered into an agreement with a consortium to acquire Dell’s cybersecurity unit RSA for $2.075 billion.
The deal is GFH’s second most significant technology investment
GFH acquires 70% stake in Fintech leader Marshal
Renault launches new website dedicated to road safety
New Zealand lowers growth forecasts due to coronavirus epidemic
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
Bahrain Arab Global Commodities
BSEX
1,659.98 -0.17% -2.81
Volume 4,907,669 Turnover 939,380 No. of Trades: 82
5 Down 3 Flat 4 Up
No. of Traded Stocks : 12
Last Update: 18 February 01:00 PM
Latest News
Dell seals $2bn deal to sell $2bn cybersecurity unit Global Markets brief
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The deal is GFH’s second most significant technology investment
GFH acquires 70% stake in Fintech leader Marshal Companies Investments
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Renault launches new website dedicated to road safety Global Reports
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Global prices increased on Monday
Kuwait oil up 70 cents on Monday – KPC Commodities
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Photo Archive
Saudi oil exports down 10.75% in 2019 Commodities
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Revenues slipped by 17.6% YoY in 10M-19/20
Kuwaiti oil revenues drop to KWD 13bn in 10M Macroeconomics
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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 Currencies
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Operating income rose by 49% annually in Q4-19
Inovest logs 49% lower profit in 2019; dividends proposed Cash Dividends
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Mubasher Exclusive
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 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 Commodities
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 Sector Reports
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
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Islamic 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 Financial Results
Sukuk receiving bids worth a total of $4.59 billion
Boubyan Bank issues $750m Sukuk Sukuk and Islamic 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 Sukuk and Islamic 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 Macroeconomics
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Arab Markets
Dell seals $2bn deal to sell $2bn cybersecurity unit Global Markets brief
Abu Dhabi’s bus fleet received 546 new busses in 2019
Abu Dhabi completes AED 1.55bn transport projects in 2019
STC’s net profit decreased by 0.23% YoY in 2019
Three Tadawul-listed telecom companies post SAR 11.27bn profit in 2019 Financial Results
Dividends for the full year may reach 80 fils/share
Etisalat’s board proposes 40 fils/share dividends for H2-19 Board of Directors
Higher education minister Khalid Abdel Ghaffar
Egyptian gov’t allocates EGP 1.4bn to Smart Campus programme Macroeconomics
The IFC will be the lead arranger for the package
IFC supports private healthcare sector in Egypt, Morocco Banking and Finance
The new hotel will include 200 rooms and suites
EGOTH signs agreement for EGP 1.5bn 5-star hotel in Luxor Companies Investments
Travellers can now book for Kuwait-Sharjah flights via website
Jazeera Airways announces direct flights to Sharjah Companies Investments
Local debt dropped by 66.8% YoY in September
Egypt pays EGP 267.2bn interests in H1-19/20 Macroeconomics
The company issued 96.64m bonus shares
Speed Medical ups capital to more than EGP 71m Markets Regulations
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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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