Latest news

Date Title
Union Properties appoints new chairman
Arabian Centres’ profits down 20% in FY19/20
Raydan turns to losses in Q1-20
Egypt starts disbursing EGP 800m exceptional aid to irregular workers
Pioneers Holding sees EGP 1bn sale deals as part of stock-swap transaction
IFC invests $10m in Egypt’s electricity meter manufacturer GlobalTronics
Cleopatra dedicates 2 hospitals for COVID-19 patients
TASI closes Sunday on marginal decline
EGX ends Sunday mixed
Moody's reaffirms RAKBANK's rating at Baa1/P-2, outlook negative
Port Said collects EGP 235m customs, taxes in 2M
Saudi Arabia reports 3,379 coronavirus cases on Sunday
IsDB issues first sustainability $1.5b Sukuk - Emirates NBD Capital
L'azurde swings to losses in Q1-20
Saudi Cable’s losses up 34% in Q1-20
P&G to pump $50m investments in Egypt
Boursa Kuwait closes Sunday on positive note
Cleopatra Hospital's profit jumps 60% in Q1-20
Boursa Kuwait suspends trading of 14 stocks
Saudi POS sales slide 7% in week
Banque Misr ups stake in CI Capital
National International's OGM approves 5% bonus shares for 2019
Saudi Arabia to start SAR 15bn tourism development fund
UAE reports 392 new COVID-19 cases
ADX down on Sunday; market cap records AED 488.31bn
Taiba Investments exits stake in Fiber Glass Oasis
Amlak CEO: Our IPO came at the right time – Interview
DFM losses AED 2.65bn on Sunday
Alinma Tokio Marine renews insurance deal with Alinma Bank
UAE launches 227 economic incentives in 3M amid COVID-19
Pioneers Holding approves EGP 592m capital raise
Egypt's parliament approves $160k grant to support CAPMAS efforts
Tasnee reports 94% plunge in Q1-20 losses
Saudi Fisheries’ losses deepen 19% in Q1-20
Ajwa Egypt’s standalone losses shrink 20% in Q1-20
ICON’s profit slides 57% in Q1-20
SIEC turns profitable in Q1-20
UAE food products trade records AED 31.7bn in Q1-20
EBRD approves $100m loan to CIB to support private sector
Ma’aden’s unit signs SAR 15.3bn finance deal
UAE bank deposits amount to AED 1.865trn in 3M
Egypt inks 12 oil, gas deals with $1bn investments
UAE chosen among best markets for FDI in 2020 - Survey
Naseej International narrows Q1-20 losses by 44%
Saudi Arabia lifts coronavirus curfew today
CBE offers EGP 13.5bn T-bills on Sunday
Virgin Mobile UAE appoints new managing director
M&A Brief of the Week
Amlak International sets IPO share price range at SAR 15-17
Saudi Ground swings to losses in Q1-20, cancels H2-19 dividend
Fujairah Cement's OGM nods to withdraw from Boursa Kuwait
Salama Cooperative Insurance’s losses up 74% in Q1-20
Saudi Aramco reveals plans to finance Q1 dividends
Egypt sets 5-year seawater desalination plan at EGP 45bn cost
Pioneers Holding’s chairman cuts stake for EGP 474m
Shaker Group reduces Q1-20 losses 88.5%
Hussain Sajwani elected as DAMAC Properties chairman
Saudi Arabia registers 4,757 coronavirus cases on Thursday
Egypt’s parliament approves state budget for FY20/21
Tadawul up at Thursday’s close; turnover at SAR 9.7bn
Al Rajhi Capital raises SISCO TP to SAR 23/shr
National Marine Dredging mulls 25% dividend distribution for 2019
Egypt upgrades electricity distribution networks in New Valley with EGP 100m
UAE confirms 388 new COVID-19 cases
Kuwait registers 541 coronavirus cases on Thursday
Saudi PIF takes over $1.5bn stake in India's Jio Platforms
UAE's oil production declines 35.5% in May - OPEC
ADX closes Thursday's session in red zone
CBE extends EGP 100bn initiative to more companies
DFM maintains upward performance on Thursday
Boursa Kuwait ends Thursday in losses
Pachin swings to loss in 9M
NAPESCO to distribute 70% dividends for 2019
Arab Dairy reports 95% lower net profits in Q1-2020
Tawuniya delivers 21 drive-thru coronavirus testing centres
Sidpec turns to losses in Q1-20 unaudited results
HDB’s consolidated indicators report EGP 605m profit in Q1-20
UAE banks draw 88% of AED 50bn liquidity facilities
PetroGulf reduces annual losses by 47%
Elkhereiji cancels SAR 26m property purchase
Gulf Cable signs KWD 8.6m gov’t deals
Middle East Glass posts 68% profit drop in Q1-20
SIB's $500m Sukuk oversubscribed 7.2 times
KUFPEC starts 1st oil production from Egypt’s Geisum concession
Aljazira Takaful’s profits rise 80% in Q1-20
Egypt’s manufacturing index down 5.4% in March – CAPMAS
Bank AlJazira hands over insurance portfolio to Aljazira Takaful
Mubadala mulls selling property assets to Aldar
CBE offers EGP 14bn T-bills on Thursday
Anaam Holding’s losses down 88% in Q1-20
Trading DP World shares suspended for acquisition deal
SATORP swings to losses in Q1-20
Finance House incurs AED 595,000 net loss in Q1-20
Seera Group’s Q1-20 profits hit SAR 1.1bn
Amana Cooperative turns to profitability in Q1-20
ENOC records 12 million cashless transactions in 5M
Boubyan Petrochemical posts 12% growth in annual profits
AfDB supports Egypt’s electricity, green growth with EUR 225m
Cleopatra Hospital denies news on acquiring Alameda
Egypt Kuwait Holding acquires stake in Mohandes Insurance for EGP 105m