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20 February 06:28 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.
General Motors to lay off 1,500 employees in Thailand
Dell seals $2bn deal to sell $2bn cybersecurity unit
Renault launches new website dedicated to road safety
New Zealand lowers growth forecasts due to coronavirus epidemic
GM to withdraw from Australia, New Zealand, Thailand
Oman Arab Global Commodities
MSM30
4,174.77 0.62% 25.70
Volume 10,485,790 Turnover 2,507,307 No. of Trades: 548
12 Down 20 Flat 13 Up
No. of Traded Stocks : 45
Last Update: 19 February 01:00 PM
Latest News
UK citizens may not completely abandon cash – GlobalData Global Reports
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General Motors to lay off 1,500 employees in Thailand Global Reports
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Group Photo at the TRIGEM Charlotte Boiling Facility
DMCC opens TRIGEM’s fully certified Belgian diamond facility Companies Investments
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Global prices remained unchanged on Tuesday
Kuwait’s oil dips 77 cents on Tuesday – KPC Macroeconomics
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Dell seals $2bn deal to sell $2bn cybersecurity unit Global Reports
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Renault launches new website dedicated to road safety Global Reports
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Global prices increased on Monday
Kuwait oil up 70 cents on Monday – KPC Commodities
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Photo Archive
Saudi oil exports down 10.75% in 2019 Macroeconomics
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Revenues slipped by 17.6% YoY in 10M-19/20
Kuwaiti oil revenues drop to KWD 13bn in 10M Commodities
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GM to withdraw from Australia, New Zealand, Thailand Goods and Metals
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Mubasher Exclusive
Photo Archive
Saudi oil exports down 10.75% in 2019 Macroeconomics
MWC 2020 cancelled over coronavirus worries Global Reports
Finastra's solutions cover 90% of banks’ needs
Interview: We look to repeat Finastra Egypt Digital Trade Forum – Serge Tohme Companies Investments
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 Sector Reports
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 Companies Investments
Salma is the Arabic version of Google Home and Amazon Alexa
Story behind first Arabic voice assistant ‘Salma’ – Interview Companies Investments
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Event
Vera Futorjanski during a panel at RiseUp Summit 2019
Vera Futorjanski: Startups must focus on solving local challenges – Interview Sector Reports
The price of flight tickets soared more than 70%
UAE hotels to see record occupancy levels on Christmas holidays 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 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 Central Banks
CIAF Leasing will be the issuer of sukuk worth $50 million
CIAF Leasing, Talaat Moustafa to issue sukuk in 3 months Sukuk and Islamic Finance
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Arab Markets
Earnings per share reached 7.7 fils
Warba Bank registers 30% YoY higher profit in 2019 Banking and Finance
UK citizens may not completely abandon cash – GlobalData Global Reports
The KYC platform is set to be launched in the first quarter of 2020
Dubai Economy collaborates with 6 banks to share data Macroeconomics
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 Corporate Actions
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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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