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Network International Holdings plc (NWITY)

Other OTC - Other OTC Delayed Price. Currency in USD
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3.1000-0.0100 (-0.32%)
At close: 3:58PM EDT
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Trade prices are not sourced from all markets
Previous close3.1100
BidN/A x N/A
AskN/A x N/A
Day's range3.1000 - 3.3500
52-week range2.7350 - 8.7700
Avg. volume83,585
Market cap1.726B
Beta (5Y monthly)N/A
PE ratio (TTM)0.17
EPS (TTM)17.7400
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date08 May 2020
1y target estN/A
  • Reuters

    Network International sees rebound from COVID as digital payments rise

    A relaxation of coronavirus curbs in the United Arab Emirates has boosted volumes at Dubai-based payments processor Network International, its CEO said, but tourist-related spending will take longer to recover. The COVID-19 pandemic weighed on Network's performance in the first half of the year, CEO Simon Haslam told Reuters. The United Arab Emirates - the company's main market in the Middle East - has eased strict coronavirus lockdown measures over the last few months and Dubai, the UAE city-state that relies heavily on tourism for its economy, re-opened to foreign visitors in July.

  • Higher impairment charges hit UAE banks Emirates NBD and ADCB

    Higher impairment charges hit UAE banks Emirates NBD and ADCB

    Dubai's biggest lender Emirates NBD <ENBD.DU> reported a 15% drop in fourth-quarter earnings on Monday, below analysts' forecasts, on a jump in impairment charges, sending its shares down around 1%. The bank booked impairment charges of 2.06 billion dirhams ($560.88 million) in the quarter, up more than three times from a year earlier due to higher bad debt charges as it consolidated results of newly acquired Turkish lender DenizBank. Banks in the United Arab Emirates (UAE) are bracing for more writedowns from the real sector amid a downturn, especially in the Dubai property market.