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17 February 09:31 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.
GM to withdraw from Australia, New Zealand, Thailand
Household credit expanded by 5% in 2019
Kuwait’s local credit grows at 4.3% in 2019 - NBK
Al Thekair purchased the remaining 25.67% of KMEFIC's shares
Al Thekair seals full acquisition of KMEFIC
Normal working days will resume on 1 March
Kuwait announces 3 days for National, Liberation holiday
The technology segment led seven risers with 9.93%
Boursa Kuwait up on Monday amid thin liquidity
Kuwait Arab Global Commodities
BKP
6,873.88 0.36% 24.45
Volume 169,992,286 Turnover 24,787,586 No. of Trades: 6,488
44 Down 16 Flat 62 Up
No. of Traded Stocks : 122
Last Update: 12:30 PM
Latest News
GM to withdraw from Australia, New Zealand, Thailand Global Markets brief
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Household credit expanded by 5% in 2019
Kuwait’s local credit grows at 4.3% in 2019 - NBK Banking and Finance
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New Zealand lowers growth forecasts due to coronavirus epidemic Global Reports
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Al Thekair purchased the remaining 25.67% of KMEFIC's shares
Al Thekair seals full acquisition of KMEFIC Companies Investments
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Normal working days will resume on 1 March
Kuwait announces 3 days for National, Liberation holiday Macroeconomics
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The technology segment led seven risers with 9.93%
Boursa Kuwait up on Monday amid thin liquidity Stock Evaluations
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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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Revenues fell to KWD 14.29 billion in 10M-19/20
Kuwait turns to KWD 2.26bn deficit in 10M-19/20 Macroeconomics
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The reshuffle decree is currently into effect
Kuwait announces cabinet reshuffle, names 4 key officials Law
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Joint production in the area could reach 550,000 bpd
Trial production launched in Al Wafra, Al Khafji oilfields – Minister Macroeconomics
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Mubasher Exclusive
The technology segment led seven risers with 9.93%
Boursa Kuwait up on Monday amid thin liquidity Stock Evaluations
NBK logged the highest turnover with KWD 6.68 million
Boursa Kuwait closes Thursday on mixed note Trading Activities
MWC 2020 cancelled over coronavirus worries Global Reports
Al Mal Investment was the top winner with 62.07%
Kuwaiti indices mixed on Tuesday for 2nd session in row Trading Activities
The consumer goods sector headed six losers with 2%
Boursa Kuwait ends Sunday negative; new index down 0.54% Stock Evaluations
The consumer goods sector topped the winners with 1.96%
Boursa Kuwait closes Thursday in green; turnover down 15% Stock Evaluations
Oil and gas segment led nine losers with 0.71% on Wednesday
Kuwaiti indices slid on Wednesday; turnover up 8.4% Trading Activities
The basic materials sector topped five fallers with 0.72%
Boursa Kuwait shows mixed performance on Tuesday Stock Evaluations
The market’s turnover shrank by 11.1% on Monday
Kuwaiti indices down on Monday amid fears over Coronavirus Stock Evaluations
Abyaar Real Estate Development was the top faller with 10.29%
Boursa Kuwait falls on Thursday amid profit taking Trading Activities
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Islamic Finance
Photo Archive
Dar Alarkan intends to issue dollar Sukuk Sukuk and Islamic 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 Sukuk and Islamic 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 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 Banking and Finance
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 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 Goods and Metals
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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