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20 February 04:21 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.
President Abdel Fattah El Sisi and his Belarus counterpart Alexander Lukashenko
Egypt inks 4 MoUs with Belarus
Speed Medical will manage Al Safwa Laboratories
Speed Medical signs MoU to acquire Al Safwa Laboratories
RevPAR in Cairo is expected to increase by 2% YoY
Hotel rooms in Egypt to generate higher revenue in 2020
Authorised capital increased to EGP 500 million
EGX approves Delta Insurance’s capital hike
EBRD invested over EUR 7.6bn in Egypt, Jordan
EBRD funds Almarai’s business in Egypt, Jordan
Egypt Arab Global Commodities
EGX30
13,694.99 -1.42% -197.66
Volume 0 Turnover 0 No. of Trades: 0
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No. of Traded Stocks : 1
Last Update: 19 February 02:29 PM
Latest News
UK citizens may not completely abandon cash – GlobalData Global Reports
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President Abdel Fattah El Sisi and his Belarus counterpart Alexander Lukashenko
Egypt inks 4 MoUs with Belarus Macroeconomics
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Speed Medical will manage Al Safwa Laboratories
Speed Medical signs MoU to acquire Al Safwa Laboratories Companies Investments
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RevPAR in Cairo is expected to increase by 2% YoY
Hotel rooms in Egypt to generate higher revenue in 2020 Macroeconomics
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Authorised capital increased to EGP 500 million
EGX approves Delta Insurance’s capital hike Corporate Actions
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EBRD invested over EUR 7.6bn in Egypt, Jordan
EBRD funds Almarai’s business in Egypt, Jordan Banking and Finance
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EGX50 grew by 0.41%
EGX30 adds 0.43% at Wednesday’s close; EGX100 stabilises Stock Evaluations
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General Motors to lay off 1,500 employees in Thailand Global Reports
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The mortgage is offered at an interest rate of 10%
Egyptian banks operationalise EGP 50bn middle-income housing initiative Banking and Finance
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Revenue decreased to EGP 218.7 million last year
Al Shams Housing’s profits plummet in 2019 Real estate
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Saudi oil exports down 10.75% in 2019 Commodities
MWC 2020 cancelled over coronavirus worries Global Reports
The new companies’ activities will include micro insurance
Raya Holding to launch 3 companies with EGP 15m capital Companies Investments
Suez Canal Bank’s chairman Hussein Refaei
Suez Canal Bank considers providing EGP 400m syndicated loans Banking and Finance
The Textile Export Council aims to increase its exports to $12 billion by 2025
Egypt’s textile exports exceed $3bn in 2019 Macroeconomics
The CBE kept the overnight lending rate steady at 13.25%
NBE cuts interest rates on personal loans, Murabaha by 1% Banking and Finance
The funding will be offered at a declining interest rate of 10%
CBE to activate mortgage initiative in March – Sources Real estate
IPOs are expected from an education group and a food security company
CI Capital plans two IPOs; raises assets to EGP 9.2bn Event
FDI inflows to Egypt from KSA amounted to $69.3 million in Q1-FY19/20
Saudi FDI in Egypt down 43% in 3M Macroeconomics
Assistant housing minister at NUCA, Walid Abbas
Egypt ministry to issue decrees for new cities’ projects Macroeconomics
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Islamic Finance
The offering will mature on 25 February
Riyad Bank completes 1st offering of int’l sukuk Sukuk and 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 Cash Dividends
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 Sector Reports
CIAF Leasing will be the issuer of sukuk worth $50 million
CIAF Leasing, Talaat Moustafa to issue sukuk in 3 months Banking and 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 Banking and Finance
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 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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