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22 January 10:46 AM

Kia Motors to invest $25bn in EV development by 2025

Mubasher: Kia Motors Corporation announced its mid- to long-term strategy, ‘Plan S’, which aims to strengthen the company’s leading position in the future automotive industry.

Facebook to create 1,000 jobs in London this year
GlobalData sees positive outlook for construction industry in 2020
Finastra's solutions cover 90% of banks’ needs
Interview: We look to repeat Finastra Egypt Digital Trade Forum – Serge Tohme
Hong Kong’s card payments may top 1bn in 2020 -GlobalData
Swiss Nestlé to invest CHF 2bn in recycled plastics   
Jordan Arab Global Commodities
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Volume 786,686 Turnover 618,088 No. of Trades: 287
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No. of Traded Stocks : 50
Last Update: 10:31 AM
Latest News
Photo Archive
Mubadala Petroleum completes farmout in 2 Indonesian blocks Commodities
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Kia Motors to invest $25bn in EV development by 2025 Global Reports
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Facebook to create 1,000 jobs in London this year Global Markets brief
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New EU rules pose challenge for car manufacturers - GlobalData Global Reports
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GlobalData sees positive outlook for construction industry in 2020 Global Markets brief
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Hong Kong’s card payments may top 1bn in 2020 -GlobalData Global Reports
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Finastra's solutions cover 90% of banks’ needs
Interview: We look to repeat Finastra Egypt Digital Trade Forum – Serge Tohme Global Economy
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Swiss Nestlé to invest CHF 2bn in recycled plastics    Global Markets brief
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Huawei ranks 5th biggest investor in R&D globally Goods and Metals
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Oracle eases moving to cloud solutions Global Reports
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Mubasher Exclusive
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
Bahrain launched Cloud First Policy in 2017
Pakiza Abdulrahman: Gov’t leads cloud adoption in Bahrain; private sector is following – Interview Event
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 Event
Salma is the Arabic version of Google Home and Amazon Alexa
Story behind first Arabic voice assistant ‘Salma’ – Interview Event
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Companies Investments
Vera Futorjanski during a panel at RiseUp Summit 2019
Vera Futorjanski: Startups must focus on solving local challenges – Interview Macroeconomics
Credit Agricole is still developing SMEs portfolio and getting some resources
Antoine Paliard talks fintech innovation, startup contests – Interview Banking and Finance
Mohamed Okasha, Managing Director of Fawry
Interview: Fawry will use blockchain technology – Mohamed Okasha Companies Investments
Mohamed ElKasstawi as a speaker during RiseUp Summit 2019
ElKasstawi: Stock markets, gov’t can boost performance via digital money – Interview Trading Activities
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Islamic Finance
Order books were oversubscribed 2.5 times, exceeding $750 million
GFH raises $300m in Sukuk issuance; oversubscribed 2.5 times Banking and Finance
Talaat Moustafa Group logged net profits of EGP 1.37 billion in nine months
Talaat Moustafa Group to issue sukuk in April Sukuk and Islamic Finance
The board's decision was approved by circulation
Gulf Navigation’s board agrees on AED 125m Sukuk issue Companies Investments
The Sukuk issuance will have a tenor of five years
GFH confirms Reuters news on $500m Sukuk issue Banking and Finance
Sukuk proceeds will be used to acquire real estate assets in Europe
First asset-backed SAR 1bn Sukuk launched in Saudi Arabia Banking and Finance
Mumtalakat is set to hold meetings with investors
Bahrain’s SWF hires banks for USD-dominated sukuk issuance Banking and Finance
Saudi Capital Market Authority
CMA approves Alinma Saudi Government Sukuk ETF Fund Sukuk and Islamic Finance
GFH is a Bahrain-based company listed on 3 markets
GFH shareholders nod to $500m Sukuk issue General Assembly
The Sharia-compliant finance facility agreement has a duration of 8 years
Saudi Kayan Petrochemical agrees SAR 1.5bn deal with BSF Sukuk and Islamic Finance
Riyad Capital was the manager of the SAR 300 million Sukuk issuance
Bidaya Home Finance issues SAR 300 million Sukuk Sukuk and Islamic Finance
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Arab Markets
An advance payment of $1.5 million will be made
Egypt Gas to contribute $6m to setting up new company Companies Investments
Khalid Abu Hana has been appointed as the new CEO of SPM
SPM appoints new CEO Board of Directors
Photo Archive
Samba to issue USD-denominated Eurobonds Companies Investments
Photo Archive
Mubadala Petroleum completes farmout in 2 Indonesian blocks Companies Investments
The new capital will reach AED 377.5 million
National Investor’s shareholders approve AED 200m capital cut Corporate Actions
Kuwait’s expenditures and commitments surged by 13% in 9M-19/20
Kuwait’s oil revenues down to KWD 11.58bn in 9M-19/20 Macroeconomics
Order books were oversubscribed 2.5 times, exceeding $750 million
GFH raises $300m in Sukuk issuance; oversubscribed 2.5 times Sukuk and Islamic Finance
Minya governor, Osama el Qady
Egypt gov’t to open EGP 2.66bn projects in Minya Macroeconomics
The bank funded around 450,000 projects in Egypt
World Bank provides $200m finance to Egyptian SMEs Macroeconomics
Saudi finance minister Mohammed al-Jadaan
Proceeds from Aramco’s IPO to finance industries in Saudi Arabia Macroeconomics
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International Markets
Uber, Hyundai team up to launch future Uber Air Taxis
The 2010s sets foundations for major breakthroughs in technology
Oil futures end 89 cents higher on Friday
Gold levels up $9 at Friday’s end, records weekly gain
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