Latest news

Date Title
Egyptian Exchange’s indices see positive performance in week
TASI sheds 170 pts in week; Market cap hits SAR 1.8trln
Kuwait’s crude oil price loses 32 cents on Thursday
Egypt’s military production authority signs MoU with US’ Hyundai Technology
Boursa Kuwait’s indices level down in week
Banks push down Bahrain Bourse in week
Arriyadh Development hits SAR 50m in Q3-19
National Gypsum’s profit more than doubles in Q3-19
SACO’s profit drops 40% YoY in Q3-19
Arab Bank’s profit jumps over 14% in Q3-19
Landmark Group boosts its presence in Kuwait
Arab Sea’s profit drops 60% YoY in Q3-19
Al Akaria partners with Arabian Dream for $5bn
Egypt inks $200m contract with Saudi ACWA Power
EETC signs EGP 331m contract with 2 companies
Egyptian FRA nods to October Pharma’s capital hike
MaK Middle East grows older engines support business
Saudi market ends Thursday’s session down
Chubb Arabia, Sipchem ink insurance contract
Batic’s Q3 profits down 45%
Al Jouf Agricultural swings to losses in Q3
Al Kathiri’s Q3 profits jump 22%
Mabanee posts 0.35% YoY profit hike in Q3-19
Saudi Arabia, UAE to issue new joint visa soon – Minister
Al Imtiaz Investment’s unit seals KWD 11.5m contract for Wafra oil field
Tamdeen Investment’s unit acquires KWD 23m property
Arkan Al Kuwait buys KWD 6.5m industrial properties
Dur Hospitality, Awqaf pen MoU to develop project in Madinah
Alliance Insurance’s profit shrinks by over 9% in Q3-19
Kuwait Foundry’s profit dips 20% in Q3
GCC chemical industry's investment hits $140bn in 2019 – GPCA
ADX closes in red territory Thursday
DFM ends Thursday in red
Boursa Kuwait names new CEO
Middle Egypt Mills to distribute EGP 70m dividends for FY18/19
Kuwaiti indices end Thursday mixed; liquidity down 5%
Saudi EIC completes 1st phase of share buyback
M&A Brief of the Week
Saudi Egyptian Investment and Finance's profit up 4.3% in 9M
CMA licenses SICO Financial Saudi Company
Egypt Aluminum turns to loss in Q1
North Cairo Mills’ profit falls 83% in Q1-19/20
Oman & Emirates Investment names new CFO
Petro Rabigh finishes credibility test for 2nd phase
Edita shows 42% higher profit in 9M
Sleiman in Interview – Western Union starting to leverage platform in new ways
Abu Dhabi's NCTH logs AED 72.5m profit in 9M
Saudi Steel Pipes trims losses by 42% in Q3
ADNOC Distribution’s profit rises 2.3% in 9M-19
Saudi Printings moves to losses in 9M
Metal and Recycling sees 80% lower losses in Q3
Dubai Investments registers AED 459m in 9M
Al Moammar posts SAR 39m profits in 9M
Aramex Q3 net profit totals AED 113.8m amid 2% higher revenue
Al Ramz Corporation's profit down to AED 3.9m in 9M
Anaam International Holding posts SAR 2.78m loss in Q3-19
Malath Cooperative signs insurance agreement with Riyad Bank
MESC’s loss drops over 97% YoY in Q3-19
Banks push up Saudi market late Wednesday
Egypt, UNIDO ink $2.75m deal on energy enhancement
Saudi Aramco to store 4.6m oil barrels in India
Saudi PIF secures $10bn bridge loan from 10 int’l banks
Saudi Paper reschedules SAR 6m credit facility from ANB
UAE banks provide AED 83bn more loans in September
Mouwasat’s 9M profits hit SAR 290m
Upper Egypt Flour Mills Q1-19/20 profit down 20%
Jabal Omar turns to losses in 9M
Trading on Emirates NBD’s rights to begin on 3 November
Al Futtaim's Festival Plaza hosts world's tallest IKEA navigation tower
Riyad Bank launches new Fintech Fund valued SAR 100m
Invest Bank’s accumulated loss hits AED 1.86bn in Q3-19
Nasr for Civil Works' profit shrinks 81% in 9M on lower revenues
ADX adds 98 pts at Wednesday’s close
Boursa Kuwait closes Wednesday in red
Egypt to issue foreign US-dollar bonds in int’l markets – Ministry
Qiddiya inks MoU with Samsung
DFM ends higher on Wednesday
SABIC pens 3 MoUs under Nusaned initiative
Ooredoo Group posts QAR 1.3bn profit in 9M
Red Sea Project to welcome 1st visitor by end 2022 – CEO
South Cairo Mills incurs EGP 8m losses in Q1-19/20
Rakta Paper incurs EGP 27.8m losses in Q1-19/20
Oman & Emirates Investment proposes merger with FINCORP
MESC amends debt-restructuring deal with banks
DAMAC Properties confirms non-distribution of dividends
Elsewedy Electric’s unit, Egypt’s NUCA ink EGP 365m deal
Raydan’s board approves partial acquisition of Aljonah
Methanol Chemicals swings to losses in Q3
du sees 13.5% lower profit in Q3-19
SISCO’s Q3 profits fall 40%
Advanced Petrochemical logs SAR 213m profits in Q3
Saudi Paper's chairman resigns
SAPTCO’s profits inch down in Q3
Boursa Kuwait starts Wednesday in red
Kuwaiti oil falls to $61.76 on Tuesday
Kuwait Investment’s profit down 6.95% in 9M
FIPCO renews SAR 30m credit facility agreement
MEPCO’s profit drops 97% YoY in Q3-19
Astra’s net loss hits SAR 14.6m in Q3-19
National Bank of Egypt enters EGP 10bn securitisation deal