Latest news

Date Title
Sharjah pumps AED 4bn liquidity to support banking system
Egypt's sovereign fund inks deal to develop Bab Al-Azab area
Honeywell to open gas detector factory in Saudi Arabia
Sharjah launches new dollar-dominated Sukuk
Boursa Kuwait maintains upward trend on Tuesday
ADX up on Tuesday; market cap gains AED 10.23bn
DFM keeps upward performance for second session in row
UAE confirms 596 new coronavirus cases
Kuwait reports 887 more coronavirus cases, 1,382 recoveries
Digital content monetisation firm Telecoming enters Egypt
DFM enables digital transformation via new Smart Services App
Jazeera Airways gives away 50K free tickets to frontline heroes
Egypt cuts fuel, food commodity subsidies in FY20/21
DEWA retenders Hassyan desalination plant
Egypt’s MSMEDA targets EGP 3bn funding in 2020
Egypt's financing needs stand at EGP 987.6bn in FY20/21
EMPG, OLX merger creates AED 3.6bn unicorn
Orascom Investment approves advisory deal with Beltone
Arab Dairy uses all capital raise proceeds
Saudi Arabia’s MIS shareholders greenlight 25% capital increase
DFM's headquarters reopens with 50% of staff
Kima turns profitable in 9M-19/20
Majid Al Futtaim partners with Mr Usta for home services
Saudi Cable agrees SAR 264m debt rescheduling with Al Rajhi
Emirates resumes flights to 8 countries
Kuwait’s C. bank issues KWD 360m bonds, tawarruq
Kuwait’s crude oil jumps $5.63 on Monday - KPC
Tadawul closes Monday on positive note
Saudi gov’t reserve nears SAR 470bn in April
Egypt builds 4 axes in Upper Egypt at EGP 5.3bn
GAFI discusses growth plans with entrepreneurs, startups
Suez Canal Bank completes Midor stake sale for $30.6m
Gulf states GDP expected to contract by 5.9% in 2020
Egypt’s foreign-currency deposits grow for 2nd month in row
Egypt’s local liquidity rises to record high in April
Investcorp closes Mount Row credit fund at EUR 318m
Emirates foresees recovery of airline industry by June 2021
ADX maintains positive performance on Monday
Two sectors push Boursa Kuwait higher on Monday
DFM up on Monday; market cap gains AED 3.24bn
Egypt’s manufacturing index falls 8.7% in February – CAPMAS
Coronavirus infections in Kuwait up 719 cases on Monday
USD almost hits EGP 16 at local banks on Monday
Network International enables SMEs in UAE to use e-commerce
EGX warns 8 listed firms of trading suspension
Egypt to bring home 1,643 Egyptians from Kuwait today
Fawry's shareholders approve bonus issue for 2019
Telecom Egypt, Etisalat Misr ink 2 deals
Julphar launches AED 500m rights issue to improve capital profile
Expat remittances in Saudi Arabia down 9% in April
EGX loses EGP 22.7bn in market cap in May
Domty's Q1 profit rises 11%
ADFD allocates AED 1bn to national companies
Walaa Cooperative signs insurance deal with ANB
CBE offers EGP 23.25bn T-bills, bonds on Monday
Abu Dhabi raises capacity limits in malls, restaurants to 40%
SAMA’s assets total SAR 1.73trn in April 2020
Abu Dhabi, Dubai banks record AED 2.9trn assets in April
KMEFIC’s CEO resigns
Tadawul up 100 pts in May
CBE changes working hours for banks as curfew shortened
Samsung Electronics Egypt plans $84m investments in 5 yrs
KSA reports 1,877 coronavirus cases, 3,559 recoveries on Sunday
Tadawul up 2.3% at Sunday’s close
ADX loses 89 pts in May
Faisal Islamic Bank gets FRA's approval for capital raise
Dubai's exports to Asia grow in April
Kuwait’s army isolates Farwaniya area
EEHC eyes EGP 32.4bn investments in FY20/21
Sumou Real Estate plans SAR 1/shr dividends
Boursa Kuwait’s Premier index adds 68 pts in month
Ash-Sharqiyah Development narrows losses in Q1-20
Tadawul lists AlBilad Gold ETF
UAE issues 648,684 business licences in May
EIPICO’s factories resume production
RAKEZ launches holding company formation to diversify investments
Hadisolb’s losses widen 47.5% in 9M initial results
Saudi railways, public transport resume operations on Sunday
ADX gains AED 3.27bn on Sunday
UAE reports 661 new COVID-19 cases on Sunday
DFM closes Sunday in red zone
Boursa Kuwait closes Sunday down
Egypt aims to produce 30K cloth masks per month
Abu Dhabi's GDP to retract by 7.5% in 2020 on COVID-19
Kuwait reports 851 new coronavirus cases, 1,230 recoveries
Middle East Glass' shareholders cancel plan for capital raise
Saudi Aramco raises propane price for June, lowers Butane
Saudi Ceramic appoints new CEO
Aljazira Takaful inks SAR 2m deal with Bank AlJazira
Dubai's clean energy share rises to 9% – DEWA
Egypt upgrades Ring Road with EGP 7.3bn
Heliopolis Housing approves estimated budget for FY20/21
Tihama’s unit to make documentary on coronavirus
Abu Qir Fertilizers reports 18% profit slide in 9M-19/20
Nozha International Hospital’s indicators show slight profit rise in Q1-20
UAE federal entities resume work with 30% of staff
Minapharm Pharmaceuticals’ shareholders approve EGP 6/shr dividends for 2019
Arafa's annual financials see 5-fold profit growth
KIPCO reclassifies investment in OSN to subsidiary
CBE offers EGP 24.5bn T-bills, bonds on Sunday