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20 February 04:47 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
Palestine Arab Global Commodities
AL-QUDS
536.94 0.27% 1.45
Volume 392,624 Turnover 713,792 No. of Trades: 111
2 Down 7 Flat 3 Up
No. of Traded Stocks : 12
Last Update: 19 February 01:00 PM
Latest News
UK citizens may not completely abandon cash – GlobalData Global Markets brief
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General Motors to lay off 1,500 employees in Thailand Global Markets brief
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Group Photo at the TRIGEM Charlotte Boiling Facility
DMCC opens TRIGEM’s fully certified Belgian diamond facility Commodities
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Global prices remained unchanged on Tuesday
Kuwait’s oil dips 77 cents on Tuesday – KPC Commodities
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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 Macroeconomics
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Photo Archive
Saudi oil exports down 10.75% in 2019 Commodities
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Revenues slipped by 17.6% YoY in 10M-19/20
Kuwaiti oil revenues drop to KWD 13bn in 10M Sector Reports
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GM to withdraw from Australia, New Zealand, Thailand Global Reports
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Mubasher Exclusive
Photo Archive
Saudi oil exports down 10.75% in 2019 Commodities
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 Global Economy
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
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 Global Economy
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
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Islamic Finance
The offering will mature on 25 February
Riyad Bank completes 1st offering of int’l sukuk Banking and Finance
Photo Archive
Riyad Bank launches int’l Sukuk programme Sukuk and 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 Cash Dividends
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 Sukuk and Islamic Finance
Saudi Arabian Monetary Authority (SAMA)
Saudi banks increase investments in gov’t bonds Bonds
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 Financial Results
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 Companies Investments
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 Markets Regulations
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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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