Pound has been all over the place in terms of performance. The British currency was down 0.3 per cent early, and then up more than 1 per cent only to trade steady at 1.2860 against the dollar in the afternoon. Theresa May’s government will face the no-confidence motion against her government later today after facing defeat in Brexit deal vote with a huge margin, the worst since 1920’s for a government. Emirates NBD announced stellar results for 2018. Emirates NBD on Wednesday reported a net profit of Dh10 billion for 2018, up 20 per cent year on year. The bank achieved another milestone as total assets surpassed Dh500 billion for the first time.
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