Latest news

Date Title
CBE offers EGP 13.5bn T-bills on Sunday
Sulaiman Al Habib proposes SAR 0.50/shr dividends for Q1
Saudi Arabia to apply new VAT on e-commerce sales
Agility to invest in Tortoise's private offering
Al-Jouf Agricultural receives approval for land ownership
Emirates Refreshments elects new chairman, CEO
Egypt's cabinet approves offering 40m cloth masks through ration cards
NCB, Samba sign deal for potential merger
EgyptAir to resume flights to 29 destinations early July
Metal and Recycling OGM approves KWD 10m loan from Agility
Tadawul closes Thursday up following news on NCB, Samba merger
Saudi Arabia reports 3,372 coronavirus infections on Thursday
Schlumberger inks training deals with 4 Egyptian universities
Saudi NCB considers $13bn takeover of Samba Group
Rubex International gets FRA’s approval on capital raise
Saudi SDB signs cooperation deals to boost freelance work
Tadawul suspends trading NCB, Samba stocks
ADX down on Thursday; market cap loses AED 5.2bn
DFM maintains downward performance on Thursday
UAE confirms 430 new COVID-19 cases
Nine Saudi factories provide 2.5m face masks daily
Egypt’s agricultural exports rise to 3.5m tonnes YTD
Hadisolb inks partnership deal with Ukrainian firm on Bahariya Oasis project
UAE seeks to lead global gold, diamond trade
CBUAE draws AED 34.15bn excess liquidity in 5M
Palm Hills borrows EGP 365m from AAIB, Banque Misr
Rameda receives export orders for COVID-19 drug Anviziram
Dubai attracts AED 10bn FDI projects in 5M
M&A Brief of the Week
Saudi merchandise exports slide 59% in April
CBE offers EGP 15bn T-bills on Thursday
Al Etihad Cooperative approves no dividends for 2019
DP World forecast to sell $1.5bn perpetual Sukuk
IMF raises projected growth for Saudi economy in 2021
GGICO expands accumulated losses to AED 1.7bn in Q1-2020
MIS extends SAR 204m loan with SABB
Egypt seen among world's top 30 economies – IMF
EBE obtains $15m loan from Sanad Fund for MSME
Al Samaani, NAQUA sign SAR 33m logistic service deal
EGX gains EGP 10.6bn in market cap at Wednesday's close
Egypt upgrades Giza’s electricity networks with EGP 436m
TASI sheds 0.7% at Wednesday’s close
Coronavirus cases in KSA exceed 167K on Wednesday
Egypt explores expansion plans with Samsung
Egypt extends deadline for gold exploration tender
El-Molla follows up on 3 petroleum refining projects with $2.8bn investments
Emirates temporarily suspends flights from Pakistan
Boursa Kuwait indices attain gains Tuesday
ADX gains AED 2.77bn on Wednesday
DFM down on Wednesday; market cap reaches AED 296.3bn
DGCX to launch first FX Rolling Futures contracts in July
Maait denies imposing new taxes on e-commerce purchases
Amer Group awaits approval for 45-feddan land allocation in New Minya
Telecom Egypt inks protocol to build tech infrastructure for public sector businesses
UAE's 5G stations reach 2,200 in Q1-20
Saudi wholesale price index falls to 15-month low in May
Saudi inflation up 1.1% in May
Raya Holding's units redeem EGP 136m securitised bonds
MSCI to promote Boursa Kuwait to emerging market in November
Sharjah Islamic Banks lists $500m Sukuk on Nasdaq Dubai
Saudi Tourism Development Fund names CEO
EFG Hermes, Egypt’s sovereign fund to conduct due diligence on aiBank
Fujairah's Al Taif Business Centre construction nearly completed
Moderate growth in Saudi cement sector amid COVID-19
CBE requires banks to notify customers when removed from blacklists
Egypt expects 4% economic growth by year-end
NADEC obtains approval to own gov’t provided land
Emirates NBD begins cutting 800 jobs
DIB sells $300m in 2026 Sukuk tap
Advanced Petrochemical plans SAR 141m dividends for Q2-20
Kuwaiti bank assets down first time in 6M
CBE expected to keep interest rates unchanged on EGP depreciation
Al Kout to distribute 50% dividends for 2019
Domty expects EGP 3bn sales by 2020-end
Abyaar to resume trading tomorrow
EGX ends Tuesday up; market cap gains EGP 2.7bn
Tadawul closes Tuesday on marginal gains
KSA records 3,139 coronavirus cases on Tuesday
UAE's trade in aircraft, spaceships amounts to AED 28.2bn in 2019
MAWANI launches shipping line connecting Jebel Ali, Jeddah, Sokhna
Boursa Kuwait restores gains on Tuesday
Itqan Capital sets SABIC’s TP at SAR 77.4/shr
EmiratesGBC to host Building Retrofit Training Programme in MENA
Egypt to reopen restaurants, clubs at 25% capacity from Saturday
ADX retreats at Tuesday's close
DFM up on Tuesday; market cap registers AED 298.29bn
New capital’s iconic tower now stands at 188 metres
UAE's COVID-19 cases total 45,683
SEC grants 5-star rating to Waad Al Shamal for EHS standards
Mir Insurance sells shares in 2 firms, trims several stakes
DIB likely to sell $200m worth of its Sukuk
Egypt to apply new income tax law next July
Saudi warehousing industry exhibits healthy growth - Report
Majid Al Futtaim to reopen more leisure venues in UAE
Misr Insurance cuts stake in Misr Cement, divests from Egyfert
Dice swings to loss in Q1-20 consolidated results
Saudi Arabia to limit Hajj this year to citizens, residents
ADNOC enters $20.7bn energy infrastructure deal
Kuwaiti banks provide KWD 2.7bn finances in 3M
Rameda starts manufacturing Anviziram for COVID-19 treatment