Latest news

Date Title
Saudi Aramco decreases July crude supplies to 5 Asia buyers
Egypt to reopen airports for int'l flights on 1 July
CBE offers EGP 6.5bn T-bonds on Monday
Invest Bank's accumulated losses reach AED 2.2bn
SIDC to use SAR 8m of reserve to offset accumulated losses
Arabtec Holding lays off 3,300 employees, cuts salaries
UAE food, beverage exports record AED 22bn in 2019
BCI profits up 50% in Q1-20
Benya Capital to invest EGP 1bn in MENA’s largest fibre optic factory
Eva Pharma signs licensing deal to get remdesivir for COVID-19 treatment
Northern Cement achieves SAR 27m in Q1 profits
Tadawul drops 17.26 pts at Sunday’s close
EGX ends Sunday in red on Arab, foreign selloffs
Coca-Cola looking to invest EGP 5bn in Egypt in 5 yrs
Mouwasat Q1 earnings record SAR 108m
Saudi Arabia among world’s top 20 steel producers
UAE's int'l tourism revenue expected to drop by 70% on COVID-19
Raya Contact Center's profit drops 72% in Q1-20
Saudi POS sales jump 141% in week as curfew eases
CGC's unit inks $81m tender for project in Abu Dhabi
Egypt’s trade deficit narrows 38% in March - CAPMAS
Kuwait records 454 COVID-19 cases
Boursa Kuwait indices close Sunday on collective losses
ADX ends Sunday's trading session on red zone
Amer Group turns profitable in Q1-20 unaudited results
DFM loses 11 pts on Sunday
Egypt inks EUR 50m deal with AFD to upgrade Cairo Metro Line 1
Agility to develop investment project in Sabah Al Ahmed city
Egypt to build EGP 303m substation in Madinaty 2
Ezz Steel’s loss widens to EGP 7.9bn in 2019 initial results
International Agricultural Products reports 84% profit drop in 9M
CBD applies 40% new foreign ownership limit
Amlak International launches IPO
Egyptian-German cooperation portfolio stands at EUR 1.7bn
Abu Dhabi-based RIZEK raises $3.5m in seed funding
Ataqa’s profit slides 52% in Q1-20
Najran Cement redeems SAR 355m Sukuk
MubasherTrade to raise number of branches to 50 in 3 yrs
Saudi Amiantit lowers planned capital hike to SAR 120m
Naeem Holding's accumulated losses reach 21% of capital
Arabtec Holding accumulated losses at AED 671m
CBE offers EGP 13.5bn T-bills on Sunday
Ataa Educational’s profits up 2% in 9M
RAK Properties sees 243% higher net profits in Q1-20
Tabuk Agricultural narrows losses by 74% in Q1-20
Islamic economy contributes AED 41.8bn to Dubai's GDP
SAPTCO’s losses up 273% in Q1-20
Al Babtain reports 28% drop in profits for Q1-20
QIPC records KWD 28m profits; plans dividends
SAIB's Q1 profit surges 424%
Dar Alarkan’s profits fall 51% in Q1-20
Speed Medical to acquire City Lab
Tadawul closes Thursday on second decline in row
Faisal Islamic Bank's business volume grows 13% in May
Coronavirus cases in KSA surpass 116K on Thursday
Saudi Al Alamiya’s profits more than halve in Q1-20
Boursa Kuwait closes Thursday on mixed note
Kuwait reports 609 COVID-19 cases on Thursday
UAE confirms 479 new COVID-19 cases
Mosques in Saudi Arabia to open 40 mins before Friday prayers
Egypt’s EETC inks deal to build substation at EGP 295m
Arzan Financial's unit forms new $26.25m company
Kuwait oil price up 13 cents on Wednesday – KPC
ADX maintains downward performance on Thursday
DFM loses 22 pts on Thursday
DP World acquires 51% of Ukrainian TIS container terminal
Egypt to reopen coastal cities with lowest COVID-19 cases for tourists
AMOC moves to loss in 9M
Arabia Insurance turns to profitability in Q1-20
TPAY Mobile acquires Payguru
Egypt extends nighttime curfew, shopping hours
Saudi Vitrified Clay’s profits up 238% in Q1-20
Chubb Arabia sees 62% profit plunge in Q1
Egypt pays EGP 3bn overdue export subsidies in 3M
Emirates NBD: 254 investors buy 101.7m shares
Malath Cooperative Insurance Q1 profits down 39%
Naeem Holding swings to loss in Q1-20
Taiba reports 61% growth in Q1 profit
Jarir Marketing’s earnings up 7% in Q1; dividends proposed
Telecom Egypt reports 19% profit drop in Q1-20
Saudi Enaya accumulated losses at 7.8%
Etihad Airways partners with Aldar to boost Abu Dhabi's tourism
M&A Brief of the Week
Beltone’s losses shrink 74% in Q1-20
CMA cancels Boursa Kuwait’s Wednesday session
Mubadala's AUM amount to AED 853bn in 2019
CBE offers EGP 15bn T-bills on Thursday
Egypt’s cabinet approves 12 oil, gas exploration deals
Wafrah sees 149% higher net profits; accumulated losses
Sharjah Islamic Bank appoints banks to sell $500m Sukuk
Kuwait’s inflation up 1.85% in April
Bupa Investments to raise its stake in Bupa Arabia
Giza General Contracting’s profit drops 49% in Q1-20
EGX loses EGP 4.2bn in market cap at Wednesday's close
Tadawul closes Wednesday on marginal decline
Saudi Cement's board to distribute 15% dividends for H1-20
Allianz SF posts SAR 15m losses in Q1-20
Egypt’s annual core inflation slows down to 1.5% in May – CBE
Bawan’s profit up 1% in Q1-20
Boursa Kuwait falls at Wednesday’s close