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17 February 10:42 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
US mulls halting GE engine deliveries to China's new aircraft
Omani crude oil output falls 1.26% MoM in January 2020
Royal Bank of Scotland plans rebranding, cutting investment-banking business
MWC 2020 cancelled over coronavirus worries
Oman Arab Global Commodities
MSM30
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Volume 15,032,308 Turnover 2,250,946 No. of Trades: 578
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Latest News
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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US mulls halting GE engine deliveries to China's new aircraft Global Reports
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Omani crude oil output falls 1.26% MoM in January 2020 Global Reports
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Royal Bank of Scotland plans rebranding, cutting investment-banking business Global Markets brief
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Tesla may float $2bn shares to strengthen balance sheet Global Reports
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MWC 2020 cancelled over coronavirus worries Global Reports
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Saudi Arabia was the top importer with 25%.
Egypt's furniture regional exports hit $164m in 2019 Macroeconomics
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Global prices increased by 2.5% on Wednesday.
Kuwait’ oil up $1.28 on Wednesday – KPC Macroeconomics
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DIB's net income grew by 13% to AED 9.266 billion
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Arab Markets
Abu Dhabi encourages local and foreign investors to initiate their industrial businesses
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The North African nation spent EGP 9.87 billion on fuel subsidies
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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 Global Reports
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The agreements are expected to remain effective until 2023
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Emirates' CPI recorded 106.15 points in January 2020
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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
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Uber, Hyundai team up to launch future Uber Air Taxis
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