Latest news

Date Title
Canal Shipping Agencies proposes EGP 0.74/shr dividends for FY18/19
Egypt aims to issue $3-7bn int’l bonds in FY19/20
Foreign holdings of Egypt’s debt instruments exceed $20bn end August
United Real Estate’s unit renews KWD 20m deal with Boubyan Bank
Memphis Pharmaceutical’s losses shrink 46% in FY18/19
Dubai’s Ellington Properties, Déjà Vu Real Estate ink AED 150m deal
Golden M Group to launch UAE's first gold-based sharia-compliant crypto
Egypt seeks to cut budget deficit to 6% in FY20/21
Sarwa Capital nods to bonus share distribution, capital raise
Jabal Omar launches real estate marketing, sales, facility management arm
CBE issues EGP 2.25bn T-bonds on Monday
Saudi Amiantit’s shareholders nod to capital cut
EBRD cuts stake in Ibnsina Pharma for EGP 111m
ADNOC Distribution’s board to approve interim dividend payment
Foreign investors make up 50% of DFM’s trading in H1
Abu Dhabi’s ITC, Musanada opens AED 54m Bani Yas-Al Heeliya Road
Egypt implements EGP 1.44bn wastewater projects in Assiut
Saudi indices end Sunday in red amid thin liquidity
Danah Al Safat nods to 10% capital cut, dividends
EGX ends Sunday mixed; market cap gains EGP 4.3bn
Trading on Al Kout’s stock resumes on Sunday
MNHD hires EFG Hermes to launch first securitisation deal
UAE’s DME appoints Macquarie Futures as clearing member
Al Maather REIT Fund seals SAR 23.1m deal on Towlan
Nile Pharma’s adjusted financials post EGP 6.7m profit in FY18/19
UAE’s EMAC, ADGMAC ink maritime arbitration development MoU
Canal Shipping’s FY18/19 adjusted financials show 17% profit drop
ADX ends Sunday in red
Profit-taking weighs on DFM at Sunday’s close
Fawry eyes expansion in UAE, KSA, Kuwait
MAG Development unveils AED 8bn major residential projects in Dubai
EFG Hermes completes advisory on Ibnsina Pharma's sale deal
Boursa Kuwait closes Sunday on mixed note
Egyptian Resorts Co incurs EGP 13m losses in H1
Miral launches 1st affordable residential community on Yas Island
Cleopatra Hospital’s profit dips 27% in H1
Batic’s unit, Saudi gov’t ink SAR 1.24bn deals
Aldar Properties’ stock up 0.92% in Sunday’s mid-trade
Aldar Properties unveils 1st residential community on Saadiyat Island
CBE issues EGP 18.75bn T-bills on Sunday
Boursa Kuwait’s indices open Sunday mixed
Kuwait Foundry proposes KWD 2.9m semi-annual dividends
GFH unveils August market-making activities on DFM, Bahrain Bourse
Shuaa Capital to exit non-core businesses
Bahrain C. Bank issues BHD 26m sukuk
Sharjah’s business licences grow 4% in H1-19
Fourth China-Arab States Expo sees $26bn new deals
ADX loses 51.5 pts in week
DFM gains 132 pts in week
Bahrain opens world’s largest underwater theme park
EGX indices grow in week; Market cap hits EGP 773.2bn
TASI levels up 35 pts in week
BHB adds 18 pts in week
Moody's affirms Al-Ain Ahlia Insurance rating; Outlook changed
Egypt negotiates $750m loan from Japan
Egypt's non-oil exports rise 2% YoY in July
NileSat considers biddings for new satellite
Saudi Aramco comes among EMEA’s top 7 cash holders – Moody’s
AAIB approves syndicated loan to finance shopping mall in Sokhna
GB Auto signs deal with Careem to boost sales
Al Kout’s profit goes down in H1-19
Egypt plans to allocate industrial lands online
Saudi market inches down at Thursday’s close
ENOC Group introduces safe, ecofriendly vehicles
Air Malta resumes direct flights to Cairo after 12-year halt
Agthia Group, Jenaan Investments ink MoU to support UAE farmers
Saudi Arabia’s bank deposits grows 3.7% in July – SAMA
Egypt, Italy pen EGP 70.5m solid waste management deal
Azizi Developments unveils major construction achievements in Q3-19
Egypt’s state employees to move to new capital by early 2020
Boursa Kuwait’s indices see positive performance in week
Saudi Aramco signs MoU with China’s Zhejiang Free Trade Zone
Nigeria’s Duke leaves London for Dubai
Saudi Ministry of Municipal pens investment contracts worth SAR 1.6bn
Egypt’s EGPC, ENPEDCO to drill 4 wells in Western Desert
ADX sees bearish trend on Thursday
Boursa Kuwait’s indices end week in green
DFM ends Thursday in green
Global Telecom Holding buys back 32.9m shares
Egypt allocates EGP 250m to launch waste management system
Almarai to raise sales to 30% in new destinations by 2025 – CEO
Egypt’s trade deficit falls 22% in June – CAPMAS
Saudi insurers’ merger delays on internal decisions
Ibnsina Pharma’s stock sees EGP 670.4m deal Thursday
Russian agricultural exports to Saudi Arabia to hit $2bn by 2024 – Minister
Lulu opens new hypermarket in Ajman
Al Shams Housing’s board approves raising capital to EGP 181.5m
Kuwait’s crude oil price falls $0.31 on Wednesday - KPC
Palm Hills saves EGP 70-80m annually from interest rate cut
HSBC Egypt starts dealing in Chinese Renminbi
Acrow Misr posts EGP 77m standalone profit in H1
TASI grows, Nomu falls at Thursday’s open
CBE issues EGP 19bn T-bills on Thursday
M&A Brief of the Week
Emirates NBD’s stock acquires 45% of DFM’s liquidity
Abu Dhabi’s Galleria mall extension opens on Wednesday
Emirates NBD sells 52.6m ordinary shares in UK’s Network International
Egypt to reduce debt-to-GDP ratio to 77.5% in 2022
US’ BlackRock opens office in Saudi Arabia
Al Baraka’s South African unit posts net income growth in H1-19