Latest news

Date Title
Ezz Steel swings to EGP 2.5bn loss in H1
Sharjah Cement's board names new chairman
Tadawul lifts trading suspension on Thimar
Bonyan REIT pens Islamic facilities with Riyad Bank, ANB
Dana Gas buys back 500,000 shares
CBE issues EGP 18.75bn T-bills on Sunday
Abu Dhabi’s CPI slips 0.9% in 9M
Al Sorayai submits capital raise request to CMA
Bahrain C. bank's nod to KFH takeover not made yet - AUB Bahrain
Al Salam Bank buys 404,000 treasury shares
NCLE signs MoU to fully acquire Al Khwarizmi Company
Decypha Market Intelligence platform now launched in Arabic
Boursa Kuwait starts Sunday in rise
Dubai Health Authority launches HR robotic system at GITEX
eXtra unit obtains SAMA’s approval to provide credit card service
Salama nods to foreign investors ownership limit increase
Dubai Air Navigation Services, UK’s Serco extend collaboration agreement
Dubai Customs forms partnership to boost corporate governance
Egypt’s primary surplus records EGP 7.1bn in September
Kuwait's non-oil exports skyrocket in September
Kuwait oil price rises $2.63 pb on Friday
Abu Dhabi Airports signs MoU with Beijing Daxing Airport
Kuwaiti property market to recover in Q4-19
UAE, Belize ink economic cooperation agreement
DEWA awards AED 1bn contract for new headquarters constructions
UAE C. bank eases mortgage loan requirements
EGX30 tacks on 84 pts in week; EGX70 gains 1.34%
TASI shrinks by over 225 pts in week; Market cap stands at SAR 1.82trln
Masdar’s consortium opens EUR 300m wind farm in Serbia
Egyptian economy to grow 5.9% in FY19/20 – IMF
Arabtec mandates UBS to advise potential merger with Trojan
Kuwait oil price edges up on Thursday
Boursa Kuwait’s indices level up in week
Bahrain Bourse gains 10.5 pts in week
Egypt’s trade with Algeria reaches $429.2m in H1-19
Egyptian Indian trade rises 23% YoY in FY18/19
Alexandria Flour Mills proposes EGP 0.30/shr dividend for FY18/19
Danah Al Safat Foodstuff inks deal to sell Edafco
Al Mashaar REIT posts SAR 6m profits in Q3
Egyptian-Greek trade exchange rises to EUR 906m in H1
Vision Capital Group rebrands as Areeb Capital
Saudi market ends Thursday with negative performance
Egypt’s cabinet approves $500m loan from IBRD
MEPCO renews SAR 200m banking facility with Bank Albilad
ADX gains AED 3.3bn in week
DFM adds 49.44 pts in week
ADDED launches new website during GITEX 2019
UAE government grants AED 13.3bn in H1
Dubai’s DP World becomes fully-integrated maritime operator in Peru
du, Nokia, SRTIP ink strategic agreement to develop innovative initiatives for Sharjah
Saudi Arabia’s economic growth to reach 1.6% in 2020 – WB
Egyptian-Russian bilateral trade stands at $3.3bn in H1
UAE’s real GDP to grow 1.8% end-2019 - WB
Boursa Kuwait closes Thursday in green
Aton: New gold discovery in Egypt; samples up to 102.5 g/t Au
Egypt’s budget deficit seen at 8.3% of GDP in 2019 – World Bank
Egypt denies finalising draft of income tax law
ADX gains AED 1.45bn on Thursday
DFM ends Thursday in green
TAQNIA unit inks 4 deals to support technology startups
M&A Brief of the Week
Amer Group opens Port Said hotel Phase I, renames Piccadilly Heliopolis
du, Abu Dhabi School of Management ink MoU to support U5GIG programme
Russian-African trade exchange hits $20.5bn in 2018
UAE to levy new selective tax from 1 December
STC Solutions, F5 Networks pen MoU to support Saudi enterprises
Switzerland invests EGP 11.5bn in over 200 projects in Egypt
Arab Drug Co’s pre-tax profit hikes 51% in Q1
Gulf North Africa's unit sells assets in Saudi Arabia
TASI opens Thursday down
World Bank forecasts Egypt’s economy to grow 5.8% in FY19/20
Dar Alarkan completes issuing US fixed-rate RegS Senior unsecured Sukuk
LIFEPharma becomes 1st UAE company to export generic drugs to North America
CBE issues EGP 19bn T-bills on Thursday
Jarir Marketing logs SAR 305m profits in Q3
Kuwaiti oil drops 31 cents on Wednesday – KPC
Egypt’s annual inflation slows down to 4.3% in September
Al Kathiri to transfer shares to TASI
Du, Ajman X pens MoU to develop U5GIG platform
Boursa Kuwait opens Thursday down
Saudi Paper’s board amends capital cut recommendation
MAG Group’s arm completes AED 800m project in Dubai South
NBK’s profits rise 8% in Q3-19
Saudi SPMC Q3 losses fall 35%
du, Wipro partner up to launch IoT security platform in UAE
RTA, du ink MoU to provide free Wi-Fi onboard buses, marine transport
QNB Al Ahli’s profit grows to EGP 6.4bn in 9M
Egypt implements EGP900m water conservation plan
Saudi German Hospital inks SAR 350m loans with Emirates NBD, Bank Albilad
Al Mazaya responds to news on financial status, business in Dubai
Thimar suffers SAR 4m losses in Q2
Saudi indices go down at Wednesday’s close
EGX ends Wednesday in red; market cap drops EGP 6.6bn
Cutting natural gas prices saves Hadisolb EGP 225m annually
Saudi Arabia leads Arab counties in gold reserves – WGC
Egypt’s FRA approves Al Shams Housing’s capital raise procedures
ADDED, Abu Dhabi Digital Authority launch new digital services at GITEX
Egypt moves up to 93rd place in 2019 global competitiveness index
Deyaar Development completes ‘Millennium Executive Apartments Mont Rose’ project
Aqar Real Estate logs 136% higher profit in Q3-19