Latest news

Date Title
Al Hilal Bank sells Islamic insurance subsidiary to Siraj Holding
DIB sells $1bn Sukuk; oversubscribed 4.5 times
MedGulf records 17% increase in Q1 profits
DP World partners with DGWorld to raise Jebel Ali Port's efficiency
Al Etihad Cooperative’s earnings up 17% in Q1
Upper Egypt Flour Mills reports EGP 96m consolidated profit in 9M
Misr Cement sees 4-fold profit hike in Q1-20
EGX ends Tuesday mixed
Saudi Arabia greenlights electric cars, chargers
Tadawul closes in green for third day in row
Emaar Misr's Q1 profits almost halve on lower revenue
UAE's non-oil trade grows to AED 1.6trn in 2019
Egypt's gold reserves rise to record $3.8bn in May
UAE reports 528 new COVID-19 cases
Boursa Kuwait closes Tuesday higher for fourth session in row
ADX down on Tuesday; market cap records AED 487.28bn
Kuwait’s COVID-19 tally reaches 33,140 on Tuesday
DFM down 1.8% at Tuesday's close
Unicap’s unit seals KWD 3m loan with Boubyan Bank
General Company for Silos posts 15% profit growth in 9M
KSA to host CPhI Middle East & Africa for first time in 2021
Alexandria Customs collects EGP 2.52bn customs, taxes in May
Bank of America to acquire AED 900m stake in Emirates NBD
World Bank forecasts UAE economy to grow 1.4% in 2021
Egypt raises household electricity prices, extends subsidies for 3 more yrs
CI reaffirms Kamco’s credit ratings with stable outlook
Housing Heliopolis’ board reformed
Egypt sells $509m T-bills on Tuesday
Danube Group appoints SirajPower as solar power partner
Egypt’s parliament approves EUR 122.7m funding agreements with EIB
Kuwait C. bank’s bonds oversubscribed 9.93 times
Kuwait’s oil price rises to $37.52 a barrel - KPC
Ibnsina Pharma’s profit up 20% in Q1-20
UAE's CPI drops 1.9% in April
Egypt’s sovereign fund eyes EGP 60bn unused assets
stc Kuwait unveils new digital services for SMEs and Startups
Egypt seen as MENA’s fastest growing economy in 2020 – World Bank
ADIA to acquire 1.16% stake in Jio Platforms
Takween to sell 70% stake in subsidiary to Chinese company
UAE's Rafeeg app partners with Francorp Middle East
SWCC to provide concentrated saline solution to SABIC’s unit
Fitch affirms 'A' rating to Al Masraf; stable outlook
Batelco, NSSA sign MoU to boost cooperation
Agility amends cash dividends for 2019
Najran Cement receives SAR 335m loan
Saudi Arabia records 3,369 new COVID-19 cases Monday
Tadawul closes Monday at 7,300 pts
Tourism Enterprise turns to losses in Q1-20
NileSat posts 5% profit drop in Q1-20 initial results
AlAhli Takaful appoints new chairman
Egypt spends EGP 63bn so far to support efforts against coronavirus
Acwa Power raises stake in HEPC
Egypt's GDP drops EGP 130bn on COVID-19
Egypt launches EU-funded Community Development Programme Phase II
Al Baraka Bank appoints new chairman
AAIB to invest EGP 2bn in Landmark Sabour’s 1-NINETY
CBK issues KWD 280m bonds
FAB issues MENA's first green bonds in Hong Kong dollars
Kuwait records 662 coronavirus cases, 1,037 recoveries on Monday
Boursa Kuwait extends gains on Monday
ADX down on Sunday; market cap loses AED 1.94bn
HEISCO to execute KWD 1.1m pipeline works for KOC
DFM maintains its upward performance on Monday
Mopco logs EGP 534m profit in Q1-20
UAE's Tabby startup secures $7m for expansion in Saudi Arabia
Arzan Financial cancels 2019 dividends; elects new board
Emaar Misr proposes to build EGP 40bn investment zone
EBE's conslidated net profits up 11% in 9M
Knowledge Economic City posts SAR 5m losses in Q1-20
Egypt nears completion of 7 sanitation projects in Sohag at EGP 259m
Abu Dhabi's precious metals, stones trade rises 34% in Q1-20
SAMA deploys blockchain in local liquidity injections
Orascom Development Egypt's profit down 51% in Q1-20
Eastern Co's indicators show EGP 3.13bn profit in 9M
DIFC invests in 4 FinTech startups
Alinma Tokio reports 58% higher losses in Q1-20
Palm Hills pens co-development deal of Ain Sokhna project at EGP 3.5bn
Wataniya Insurance turns to loss in Q1 on high expenses
Sharjah Cement turns to losses in Q1-20
CBE offers EGP 7bn T-bonds on Monday
Walaa Cooperative swings to loss in Q1-20
GCC asset managers show resilience despite COVID-19, oil prices – Moody's
Dubai Duty Free partially resumes operations
Saudi Enaya narrows losses by 41% in Q1-20
ANB to sign SAR 40m insurance deal with Walaa Cooperative
Saudi Arabia reports 3,045 coronavirus cases Sunday
Saudi-GCC trade down 14% in Q1-20
PepsiCo aims to invest $100m in Egypt in 2020
Saudi Arabia records SAR 73.74bn trade surplus in Q1-20
EGX gains EGP 17.3bn in market cap at Sunday's close
Boursa Kuwait closes Sunday in green
Egypt’s foreign reserves down to $36bn in May – CBE
UAE banks net foreign assets up to AED 79.8bn in 4M
EGP slides to lowest level against USD since October 2019
Tadawul returns to gains on Sunday
EMPC’s profit inches up in Q1 unaudited financials
UAE announces 540 new COVID-19 cases
Saudi Chemical Q1 profits down 3.4%
ADX records over 4,000 pts on Sunday
Emirates, Etihad to extend salary cuts for 3M