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18 February 03:13 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
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
Qatar Arab Global Commodities
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Latest News
GM to withdraw from Australia, New Zealand, Thailand Goods and Metals
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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 Banking and Finance
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US mulls halting GE engine deliveries to China's new aircraft Global Markets brief
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Omani crude oil output falls 1.26% MoM in January 2020 Oil and Energy
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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 Commodities
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Egypt and Somalia agreed to enhance cooperation in the petroleum industry
Several MoUs signed on EGYPS 2020 second day Macroeconomics
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Islamic Finance
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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
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Riyad Bank creates $3bn Sukuk programme Banking and Finance
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Riyad Bank
Moody's assigns A2 rating to Riyad Bank's $3bn Sukuk Banking and Finance
Saudi Arabian Monetary Authority (SAMA)
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Ministry of Finance
Saudi Arabia closes January Sukuk issuance Bonds
Mumtalakat’s CEO Khalid Al Rumaihi
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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 Goods and Metals
Household credit expanded by 5% in 2019
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The agreements are expected to remain effective until 2023
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International Markets
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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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