Latest news

Date Title
Fitch affirms KIB’s IDR at ‘A+’; Outlook ‘Stable’
Boursa Kuwait suspends trading on Danah Al Safat
Egypt’s tourism revenues surge 28% in FY18/19
Al Jouf Cement’s stock reaches 1-yr high on Tuesday
United Real Estate’s unit approves KWD 11m capital hike
Egypt’s oil trade balance posts 1st surplus since FY12/13
Amlak Finance wins AED 780m arbitration ruling
Egypt’s BoP records $102.5m deficit in FY18/19 – CBE
Al Ezz Dekheila Steel’s H1 unaudited standalone financials turn negative
S&P affirms Walaa Insurance’s FSR at ‘BBB+’; Outlook ‘Positive’
ADX credits NCTH's bonus shares to shareholders' portfolios
CMA sets International Resorts’ delisting date in 2020
Talaat Moustafa Group mulls obtaining 500-feddan land in west Assiut
SEDCO Capital to distribute SAR 9.9m dividends for Q3-19
Aldar Properties pledges AED 36m to Sandooq Al Watan
Saudi Al Alamiya, Panda Retail ink insurance services provision deal
UAE-based NGI mulls over raising foreign ownership to 49%
ADNOC, OCI N.V. set up fertiliser JV
Middle Egypt Mills' profit falls 12% in FY18/19; dividends proposed
Remco targets EGP 1bn contractual sales in 2019
TASI ends Monday higher; NOMU edges down
Abu Dhabi sees Tonga’s first embassy
Al Babtain ups capital of Egyptian unit to EGP 35m
Palm Hills opens 2 hotels in North Coast with EGP 300m investments
ADX gains AED 7.58bn in Q3
Kuwait’s CMA to launch Boursa Kuwait public offering on Tuesday
EBRD invests $6bn in Egypt since 2012
Al Salam Bank buys 397,000 treasury shares
Kuwait Foundry approves 40% cash dividends for H1-19
UAE's DAE inks $300m 7-year unsecured term loan
Thomas Cook owes EGP 125m to Egypt’s Blue Sky Group
ADX sees bearish trend on Monday
DFM gains AED 166m on Monday
Delta Insurance announces new board
Damac Properties celebrates 4.4m safe worker hours at AYKON City
European Investment Bank’s investments in Egypt hit EUR 8.7bn
Kuwaiti indices end Monday in red
Julphar to offset AED 561.7m accumulated losses
Cairo Investment to pay EGP 215m to NUCA in October
Dar Al Thuraya withdraws from KWD 7m investment
Emaar Properties lists $500m sukuk on Nasdaq Dubai
Maridive eyes new markets after suspending operations in Venezuela
IFA Hotels incurs KWD 494,075 losses from selling investment
Cairo Investment, EBRD pen EGP 500m funding deal
Sultan Center Food to issue KWD 15m convertible bonds
ADIB launches Samsung-operated mobile wallet system for Visa covered cardholders
ECS seeks to ink deal with Administrative Capital for Urban Development
Dubai to overtake New York as global branded residences capital - Savills
SODIC’s ‘The Estates’ generates EGP 1bn in sales on 1st day
Maridive’s H1 standalone financials show $3.6m loss
CBE issues EGP 3.75bn T-bonds on Monday
Union Properties’ chairman withdraws resignation
Saudi SPMC’s accumulated losses rise to SAR 129.13m
Boursa Kuwait opens Monday’s session in rise
Dana Gas buys back 500,000 shares
ADNOC Distribution’s board nods to AED 1.194bn interim dividend
Emirates to launch 1st A380 service to Cairo early October
“Digital securities can be a very efficient way of raising capital” – Wai Lum
EGX ends Sunday in green; market cap gains EGP 21bn
Egypt seeks to increase goods under QIZ protocol
Pioneers Holding uses capital raise proceeds in financing its units
KFH-Turkey receives request to write off bad debts
Taqa raises $500m via 30-yr bonds issue
Fitch affirms ABK, Boubyan Bank’s IDRs at ‘A+’; Outlook ‘Stable’
Alexandria Pharmaceuticals approves EGP 11.2/shr dividend for FY18/19
ENOC Group unveils UAE fuel prices for October
Orascom Development’s O West generates EGP 2.2bn in sales to date
Saudi-Vietnam trade exchange hits $1.1bn in 8M
Boursa Kuwait closes Sunday down for 2nd time in row; liquidity falls 43%
Banks stocks boost ADX on Sunday
Banque Misr injects EGP 54bn into national projects – Interview
DFM ends Sunday in red
Fitch Rating affirms GBK’s IDR at ‘A+’; outlook ‘Stable’
AMOC’s shareholders nod to EGP 452m dividend for FY18/19
Dubai attracts AED 46.6bn FDI in H1
Kahira Pharmaceuticals approves dividends, bonus shares for FY18/19
Al Mal Investment mulls converting to holding company
Pioneers Holding’s profit jumps 71% in H1
Egyptian Resorts unveils EGP 444.4m development
Real Estate Egyptian Consortium approves stock split
Arab Drug Co approves cash dividends for FY18/19
Maaden’s chairman submits his resignation
Egypt sets up EGP 490bn projects in FY18/19 – Ministry
GFH to maintain diversifying business on CI Rating’s affirmation
Feedstock supplies reach normal levels - Advanced Petrochemical
Abu Qir Fertilizers approves raising dividend for FY18/19
Petrochem’s feedstock supplies restored to normal levels
CMA approves merger between Al Aman Investment, Securities House
Bahri to distribute SAR 0.5/shr dividends for H1
CMA nods to Maaden’s capital raise through SAR 2.99bn debt conversion
CBE issues EGP 18.75bn T-bills on Sunday
Bloomberg to host Abu Dhabi’s 1st Capital Markets Forum in October
Boursa Kuwait opens Sunday mixed
GCC bourses await new catalysts – Analysis
Output of EGA’s Al Taweelah refinery to reach 1m tonnes by year-end
Bahrain signs visa exemption agreement with Hungary
Capital Intelligence gives 'BB', 'B' credit ratings to GFH
Capital Intelligence affirms ADCB’s credit ratings at 'A+', 'A1'
UAE Italy non-oil trade hits $7.6bn in 2018
Egyptian S. Korean trade soars in 2018