Latest news

Date Title
Abu Dhabi issues $3 billion bonds
Alexandria Customs issues clearance for EGP 2.8bn cars, spare parts in May
Egypt to invest EGP 47bn in Upper Egypt in FY20/21
UAE banks' foreign assets up 3% in April
Egypt makes new oil discovery in Western Desert
GFH reveals market making activity for May
Abu Dhabi Ports establishes new feeder company
Egypt targets EGP 415.2bn overall budget deficit in FY21/22
Saudi Electricity approves 2019 dividends
Al Babtain extends MoU with Saudi Egyptian Industrial
FAB sells $500m Formosa bonds in May
Saudi German Hospital’s profits up 45% in Q1
RAK Ceramics sees 11% lower profits at AED 26m in Q1-20
Kuwait’s crude oil nears $34 pb on Tuesday - KPC
Egypt buys 120K tonnes of Ukrainian wheat
Nile Cotton Ginning settles debt with NBE
Egypt allocates EGP 100.2bn for commodities, services in FY20/21
Saudi POS sales down 33% in April
M&A deals in GCC expected to grow amidst COVID-19 – Report
Women's wealth in Middle East at $786bn with further growth expected
Tadawul closes Tuesday on marginal losses
EGX gains EGP 5.8bn in market cap at Tuesday's close
Mawani launches third shipping line in 2020
CIB temporarily closes 4 branches on COVID-19
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