Latest news

Date Title
Kuwait ranks among world’s top 10 economy improvers
Hail Cement turns profitable in Q3
Egyptian Sukari mine’s gold production shrinks 17% YoY in Q3-19
NileSat’s profit falls to $35m in 9M unaudited financials
NCB logs SAR 8bn profits in 9M
Noor Bank posts AED 595m net profit in 9M
Elsewedy Electric’s unit inks EGP 433m deals to supply electric transformers
Zahrat Al Waha’s Q3 profits grow 57%
CBE issues EGP 19bn T-bills on Thursday
King Salman issues number of royal decrees
Kuwaiti oil rises 80 cents on Wednesday - KPC
Boursa Kuwait opens Thursday in red
Gulf Navigation incurs AED 18m net loss in Q3
Moody’s affirms Gulf Insurance’s IFS at ‘A3’; Outlook stable
Al Salam Bank buys 395,000 treasury shares
Egypt to build 3 wind power plants in Farafra
Egyptian gov’t pumps $1.6bn to develop information infrastructure
Al Kathiri Holding’s unit inks MoU with Italian construction tech firm
Sarwa Capital’s ESOP cuts stake to 2.4%
Ooredoo’s profit soars to KWD 23.5m in 9M
ENOC opens new station in Al Warqa’a using PV panels
Ajwa Group’s EGM overturns stock split decision
Ajna Developments launches EGP 3bn Ain Sokhna project
Banks, media boost TASI at Wednesday’s close
SAIB’s Q3 profits fall 10%
Properties in Sharjah, Ajman remain attractive – Report
EGX ends Wednesday in red on local sell-offs
Bank Aljazira records SAR 257m profits in Q3
EETC signs EGP 656m deals with El Sewedy Transformers, ELMACO
RAKBank reports 25% YoY profit hike in 9M
Damac Properties acquires 2 plots for AED 285m
Al Imtiaz Investment’s Q3 profit retreat to KWD 1.4m
Mubadala Capital leads $55m funding for American startup
Boursa Kuwait-listed AUB's profit rises to KWD 55m in Q3-19
Raza, Circ to bring 1st e-scooter sharing service to Saudi Arabia
El Sewedy Transformers inks EGP 102m deal with EETC
Seera partners Disneyland Paris to strengthen travel demand from Saudi Arabia
Boursa Kuwait ends Wednesday mixed
ADX ends 0.31% higher on Wednesday
Sheeni’s loss rises 281% in Q1-19/20 unaudited financials
Wahat Al Zaweya cuts stake in Gulf Navigation
KIPCO offers $500m bonds; oversubscribed 7 times
Russia cancels $20bn African debt – Putin
MUFG, SAGIA pen deal to promote Japanese investments in Saudi Arabia
Profit taking weighs on DFM at Wednesday’s close
Azizi Developments awards contract to Prestige Constructions
Cleopatra Hospital to set up new hospital management firm
Al Imtiaz Investment’s unit wins KWD 11.5m tender for Wafra oil field
Foster+Partners to join Saudi Hyperloop project
Memphis Pharmaceutical's unaudited Q1-19/20 financials turn positive
Nasdaq Dubai welcomes $750m sukuk listed by Sharjah
Egypt to receive 1st batch of Russian railway cars early December
Joint Group for Saudi-Japan Vision 2030 kicks off on Wednesday
Kuwaiti oil sheds 42 cents on Tuesday – KPC
NBF’s profit hikes 10.7% YoY in 9M
AUB Kuwait to distribute $5.5m dividends to Ahli United Sukuk
Orascom Investment, Qatari Diar in talks over potential deal
Etisalat posts near AED 7bn profits in 9M
National Investments raises stake in unit to 63.5%
Investcorp acquires its 28th UK asset for GBP 16m
KGL’s unit offers lowest bids in KWD 1.08m tender
McDermott wins contract for Amiral mixed feed cracker in Saudi Arabia
Saudi bourse starts Wednesday with negative performance
Bahrain Kuwait Insurance’s Q3 profit slips 41%
Eshraq Investments posts 74% profit drop in Q3
Moody’s affirms IFSR of Buruj at ‘Baa2’; Outlook ‘Stable’
GBK logs 17% lower profits in Q3-19
Financial leasing contracts seen at EGP 60bn by 2022 – FRA
Egyptian Commodities Exchange’ new managing firm to benefit 5 companies
Global Lease injects EGP 1bn finance in 9M
Saudi Arabia hires banks for $2.5bn sukuk issuance
United Lease considering EGP 50m capital hike – CEO
MNHD to offer securities before year-end
Banks push Saudi bourse at Tuesday’s close
Maaden swings to losses in Q3
DP World’s terminals handle 17.7m TEU in Q3-19
Egyptian-Russian bilateral trade stands at $7.7bn in 2018
Northern Cement logs SAR 26m profits in Q3
EGX ends Tuesday mixed; market cap loses EGP 944m
Saudi telecom’s net profit grow 9% in 9M
UAE tax authority urges businesses to comply with minimum tax on Tobacco
EBRD’s SME portfolio in Egypt hits $600m
Malath Cooperative inks vehicle insurance with Bank Albilad
Ataa Educations discloses SAR 82m profits by end of July
Philip Morris seeks to expand investments, launch new product in Egypt
Sipchem reports SAR 436m profits in 9M
Dubai’s airborne trade reaches AED 311bn in H1-19
Saudia, Etihad Airways announce 12 new codeshare routes in Asia, Europe
Egypt launches 1st ‘Gosour’ shipment to Kenya
ADX ends higher Tuesday on banks
CI assigns National Industries’ KWD 30m proposed bond rating
Al Ahly Leasing borrows EGP 1bn in 9M
Mobily’s Q3 porfits meet estimates – Al Jazira Capital
Blue chips boost DFM at Tuesday’s close
UK lifts four-year ban on flights to Sharm El-Sheikh
Kuwaiti indices close Tuesday in rise
Kuwaiti pioneers mull business expansion in Egypt
Ducab to supply cables to Etihad ESCO solar power plant
ADX to temporarily suspend trading in Oman & Emirates’ shares
Saudi Arabia closes October domestic sukuk issuance totalled SAR 7.27bn