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18 February 03:31 AM

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
Royal Bank of Scotland plans rebranding, cutting investment-banking business
MWC 2020 cancelled over coronavirus worries
Tesla may float $2bn shares to strengthen balance sheet
Palestine Arab Global Commodities
AL-QUDS
534.49 0.30% 1.62
Volume 135,699 Turnover 287,868 No. of Trades: 98
3 Down 7 Flat 8 Up
No. of Traded Stocks : 18
Last Update: 17 February 01:00 PM
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 Central Banks
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US mulls halting GE engine deliveries to China's new aircraft Global Markets brief
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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 Markets brief
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MWC 2020 cancelled over coronavirus worries Global Reports
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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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Global oil prices rose on Tuesday
Kuwait oil crude down 21 cents on Tuesday Commodities
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UAE’s TIME Hotels eyes expansion into Tatarstan Global Markets brief
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Mubasher Exclusive
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 Global Economy
Pakiza Abdulrahman, Manager of Business Development for Startups at EDB
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview Central Banks
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 Global Economy
Mohamed ElKasstawi as a speaker during RiseUp Summit 2019
ElKasstawi: Stock markets, gov’t can boost performance via digital money – Interview Banking and Finance
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
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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 Banking and 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 Sukuk and Islamic 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 Ratings
Saudi Arabian Monetary Authority (SAMA)
Saudi banks increase investments in gov’t bonds Sukuk and Islamic Finance
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
Ministry of Finance
Saudi Arabia closes January Sukuk issuance Bonds
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 Sector Reports
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 Global Reports
Household credit expanded by 5% in 2019
Kuwait’s local credit grows at 4.3% in 2019 - NBK Banking and Finance
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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