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21 January 06:07 PM

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   
Morocco Arab Global Commodities
MASI
12,521.23 0.27% 33.93
Volume 522,325 Turnover 127,423,784 No. of Trades: 563
14 Down 6 Flat 24 Up
No. of Traded Stocks : 44
Last Update: 02:40 PM
Latest News
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 Reports
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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 Banking and Finance
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Swiss Nestlé to invest CHF 2bn in recycled plastics    Global Reports
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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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EBRD offered EUR 183m to Egypt's Electricity Transmission Company
Egypt leads EBRD’s annual investments in 2019 Macroeconomics
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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 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 Macroeconomics
Bahrain launched Cloud First Policy in 2017
Pakiza Abdulrahman: Gov’t leads cloud adoption in Bahrain; private sector is following – Interview
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Macroeconomics
Vera Futorjanski during a panel at RiseUp Summit 2019
Vera Futorjanski: Startups must focus on solving local challenges – Interview Sector Reports
Credit Agricole is still developing SMEs portfolio and getting some resources
Antoine Paliard talks fintech innovation, startup contests – Interview Companies Investments
Mohamed Okasha, Managing Director of Fawry
Interview: Fawry will use blockchain technology – Mohamed Okasha
Mohamed ElKasstawi as a speaker during RiseUp Summit 2019
ElKasstawi: Stock markets, gov’t can boost performance via digital money – Interview Event
Tribal Credit recently closed a $5.5 million Seed round
How startups benefit from blockchain at Tribal Credit – Interview with Mohamed ElKasstawi Banking and Finance
Sawiris set the mastering plan for Andermatt
Except for El Gouna, all projects came by coincidence – Samih Sawiris in RiseUp Macroeconomics
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Islamic 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 Sukuk and Islamic Finance
The Sukuk issuance will have a tenor of five years
GFH confirms Reuters news on $500m Sukuk issue Companies Investments
Sukuk proceeds will be used to acquire real estate assets in Europe
First asset-backed SAR 1bn Sukuk launched in Saudi Arabia Companies Investments
Mumtalakat is set to hold meetings with investors
Bahrain’s SWF hires banks for USD-dominated sukuk issuance Sukuk and Islamic Finance
Saudi Capital Market Authority
CMA approves Alinma Saudi Government Sukuk ETF Fund
GFH is a Bahrain-based company listed on 3 markets
GFH shareholders nod to $500m Sukuk issue Board of Directors
The Sharia-compliant finance facility agreement has a duration of 8 years
Saudi Kayan Petrochemical agrees SAR 1.5bn deal with BSF Banking and 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
The value of the scheduled semi-annual redemption was SAR 147 million
AATSC announces Sukuk partial redemption Sukuk and Islamic Finance
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Arab Markets
Non-oil economy may grow by 2.8% this year
Bahraini economy to grow 2.3% in 2020 Macroeconomics
The CPI decreased by 0.1% YoY in December 2019
Abu Dhabi’s CPI falls 0.8% YoY in 2019 Macroeconomics
The facility will be used for a loan repayment
Palm Hills signs EGP 505m facility agreement with AUB Egypt Companies Investments
Remittance outflows to East Asia and the Pacific stands at $149 billion
MoneyGram joins forces with LuLu Money to boost Asia-Pacific expansion Companies Investments
Revenue dropped to EGP 215.52 million
Misr Hotels’ profit shrinks 5.6% YoY in H1-19/20 Financial Results
The bank’s assets rose to EGP 102.74 billion in December
Faisal Islamic Bank’s business records EGP 108.3bn in Dec. 2019 Financial Results
The famous hotel was built 114 years ago
Sidra Capital in talks to acquire London’s Ritz Hotel Companies Investments
Emaar Smart Home will be monitored by Xiaomi’s Mi Home application
Emaar Properties partners with Xiaomi to develop smart homes Companies Investments
Energy sector index went down by 0.14% as Aramco declined by the same percentage
TASI down 0.29% at Tuesday’s close Trading Activities
The new capital will total KWD 1.712 million
Yiaco Medical’s shareholders approve loss amortisation, capital cut General Assembly
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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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