Latest news

Date Title
Banque Misr, NBE sell around EGP 100bn of 15% certificates
Sharjah Islamic Banks records 1.3% higher net profits in unaudited financials
ADX up on Sunday; market cap records AED 463bn
Boursa Kuwait closes Ramadan's first session on collective rise
USD stabilises against EGP at local banks on Sunday
DFM gains 66 pts on Sunday
Coronavirus cases in Kuwait top 3K Sunday
Hadisolb plans to slash losses to EGP 275.5m in FY20/21
Shorouk Printing’s profit climbs 71% in 2019 unaudited financials
Sipchem, Linde extend partnership agreement
S&P Global revises outlook on Sharjah, Ras Al Khaimah to negative
S&P reaffirms Dhaman’s rating at ‘-AA’
Misr Chemical Industries’ profit slides 62% in 9M initial results
Al Babtain renews MoU with Portugal’s Metalogalva
United Arab Stevedoring incurs loss in 9M, secures debt restructuring deal
Ajman Free Zone witnesses surge in e-commerce licences
Cairo Three A gets FRA's approval on MTO to acquire Egyptian Starch & Glucose
Thoub Al-Aseel posts SAR 17.5m profit in Q1-20
Sarwa Capital’s unit receives 1st consumer credit licence
Gulfa Mineral Water's OGM nods to raise issued capital
CBE offers EGP 19bn T-bills on Sunday
Kuwait to begin evacuating students stranded in US Thursday
Egypt reports 227 new COVID-19 cases
Kuwait to start third phase of return flights Monday
Tadawul down 0.4% in week
KSA registers 1,158 new COVID-19 cases
Saudi real estate price index up 1.2% in Q1
ASCOM’s losses almost halve in 2019
Enaya EGM approves capital reduction
SABB to redeem SAR 1.5bn Sukuk
Suez Cement not to distribute dividends for 2019
SASCO announces SAR 209m contract signing
Egypt eases curfew hours during Ramadan
Etihad Cargo partners with Australia to provide cargo services
Egypt’s daily oil output hits lowest level since October 2019
EGX gains EGP 11.2bn in market cap at Thursday’s close
Misr Oils and Soap’s profit rises 24.5% in 9M unaudited financials
Boursa Kuwait indices mixed at Thursday’s close
KGL’s unit wins ruling against US firm
ADX up on Thursday; market cap records AED 448bn
DFM maintains positive performance on Thursday
Kuwaiti CMA to resume trading on National Shooting next week
AUB Kuwait to pay $5.5m dividends to Ahli United Sukuk
Sisi inaugurates world’s largest agricultural drainage treatment plant
Alafco files legal claim against Boeing for $336m
UAE's COVID-19 cases amount to 8,756
Tadawul gains 64 pts on Thursday
Nile Pharma’s profit posts 6-fold increase in 9M initial results
Coronavirus cases in Kuwait rise to 2,399 on Thursday
Kuwait slashes oil output voluntarily before historic OPEC+ deal effective
Egypt announces payment dates for 2nd phase of irregular workers’ aid
Air Arabia Abu Dhabi receives air operating certificate
Maridive’s profit tumbles 81% in 2019
Ali Alghanim & Sons raises stake in Aayan Leasing to 10%
SASCO's net profits down 8.6% in Q1
EGX announces Ramadan trading hours
Kuwait’s crude oil plunges to $11.86 a barrel Wednesday – KPC
Egypt’s parliament approves additional $6m US aid for North Sinai development
Beltone inks deal to sell US Auerbach Grayson
Finance House' OGM nods to 1.91% cash dividends
CBE offers EGP 20.5bn T-bills on Thursday
M&A Brief of the Week
Egypt confirms 169 new COVID-19 cases
ADX provides Al Ramz short-term margin trading license
Kuwait operates first repatriation flight from US
Dana Gas plans using proceeds from Egyptian assets' sale to pay Sukuk
Saudi Arabia announces 1,141 coronavirus cases on Wednesday
CBE raises cash deposit, withdrawal limits for individuals
EGX ends Wednesday mixed amid heavy liquidity
Ahmed Ezz raises stake in Ezz Steel
Egypt builds 40 bridges in east Cairo at EGP 16bn – Sisi
UAE reports 483 new COVID-19 cases
Egypt to run rescue flights for residence violators, stranded nationals in Kuwait
Contact gets 1st consumer finance licence – FRA
Middle Delta Flour Mills logs EGP 113.7m profit in 9M initial results
First Investment turns to KWD 47m loss in 2019; capital cut proposed
October Pharma’s shareholders approve dividends for 2019
CBD's net profits drop to AED 315m in Q1-20
NCH shuts down Le Méridien Heliopolis on COVID-19 outbreak
Egypt to raise cash withdrawal limit for individuals in Ramadan
IFA’s losses double to KWD 18m in 2019
ADX gains 127 pts on Wednesday
ACWA Power plans $1bn Sukuk issuance
Boursa Kuwait closes Wednesday on mixed note
DFM ends Wednesday's session in green
Inflation in Saudi Arabia rises by 1.5% in March
Egypt eyes EGP 620m revenue from new steel, cement licences
SARCO's shareholders nod to 10% dividends for 2019
Speed Medical’s unit wins distribution contract for US Cellex in Egypt
Amanat Holdings to consider delisting from DFM
Herfy Food to distribute SAR 1.1/shr for H2-19
Kuwait reports 168 new coronavirus cases; tally at 2,248
SABIC to distribute SAR 2.2/shr for H2-19
Pioneers Holding’s profit rises to EGP 1.35bn in 2019
Dana Gas buys back $18m of Nile Delta Sukuk
SEC board recommends 7% dividends for 2019
Alexandria Portland Cement hires financial advisor for FV assessment
stc posts 5.9% rise in Q1 profits, plans 10% interim dividends
Dana Gas's OGM approves 5.5 fils/shr dividends for 2019
Misr For Central Clearing, Depository & Registry’s chairman resigns