Latest news

Date Title
Saudi Ground names Fahad Cynndy new CEO
Boursa Kuwait starts Sunday in red
Sharjah Chamber, Bee'ah ink MoU to promote best environmental practices
Dubai’s DED issues 14,737 new licences in H1-19
DEWA awards $391.2m power plant in Hatta
Egypt to lay 950km new gas supply pipelines by 2023
Egypt to invest $663.7m to launch industrial complexes, support exporters
El-Sisi appoints new head for Suez Canal Authority
Dubai’s hotel occupancy hits 76% in H1-19
Dubai’s visitors reach 8.36m in H1-19
Dubai to host auction for $4m dinosaur skeleton
Aramco, Petronas resume operation in Malaysian crude distillation unit
Saudi tops Arab holders of US Treasuries in June
Bank deposits in Kuwait hit $144.6bn in June
Kuwaiti ownership of US Treasuries grows in June
UAE cuts holdings of US Treasuries in June
Egypt’s non-oil exports record over $13bn in H1-19
Egypt to cut debt-to-GDP ratio to pre-2011 levels
UAE-India trade records $60bn in 2018
El-Sisi approves EUR 350m loan from European Investment Bank
CBE sells EGP 17.2bn T-bills on Thursday
Pharos sets EIPICO’s FV at EGP 95.3
PIFSS acquires indirect stake in Al Enmaa Real Estate
HEISCO’s unit wins KWD 5.7m tender
EGX30 sheds 245.4 pts; Market Cap loses EGP 7.5bn
Al Enmaa Real Estate sells KWD 1m property
IFA’s accumulated losses represent 82% of capital
Saudi Arabia’s bank lending grows 3.1% in Q2 – SAMA
Al Salam Group’s shares on DFM, EGX exceed 40%
Al Mudon posts 42% YoY loss decline in Q2-19
Kuwait’s PIFSS approves KFH-AUB merger
AM Best affirms Gulf Insurance’s rating, revises outlook to ‘Negative’
IBC Group plans to acquire 10,000 premier properties in Dubai
Boursa Kuwait’s indices end Thursday in red
Saudi Aramco’s assets hit $380bn in H1
ADNEC contributes AED 2.3bn in Abu Dhabi economy in H1
KFH Bahrain holds interactive blockchain training programme
ADX stabilises at Thursday’s finish
DFM sheds 36 pts at Thursday’s close
Egypt’s external debt hikes to $106bn in Q1-19 – World Bank
Bahrain’s Al Salam Bank denies news on merger with UAE bank
Egypt’s labour force includes 28m individuals in Q2
Kuwaiti Al Bareeq Holding’s profit up 74% in Q2-19
EIPICO logs EGP 398m profits in H1 consolidated financials
Abu Dhabi’s CPI falls 1.1% in July – SCAD
Eastern Co raises cigarettes’ prices
CBE to issue EGP 19bn T-bills Thursday
Abyaar Real Estate swings to losses in Q2
Financials disclosure period ends in Boursa Kuwait; stocks suspended
Bank of Sharjah plans to issue $500m bonds to repay debt
Gas output at Egypt’s Zohr reaches 11.3bn cubic metres in 6M
Faisal Islamic Egypt’ business volume hits EGP 99.6bn in July
Deals with Aramco, BP to lower India’s Reliance Industries leverage – Moody’s
Damac Properties eyes investments in Saudi Arabia, UK
IFA Hotels turns to profit in Q2-19
IFA’s losses deepen to KWD 2.04m in Q2-19
EIPICO initial unconsolidated financials show EGP 371m profit in H1-19
Domty eyes EGP 3.5bn sales in 2020
Cairo Poultry’s consolidated profit soars in H1-19
Nile City Investment’s profits surge 26% in 9M
Emirati citizens can travel visa-free to South Africa
Tourah Cement’s consolidated losses swell to EGP 461m
B Investments posts EGP 105.3m consolidated profit in H1-19
Aman posts AED 7.5m profits in H1-19
Suez Cement's financial indicators show EGP 293m losses in 6M
Egypt’s housing ministry injects EGP 1.2bn in New Aswan
ADX closes Wednesday in red; Market cap loses AED 3.7bn
DFM inched down at Wednesday’s close
Giza General Contracting reports EGP 40m consolidated profit in H1-19
Raya Contact Center’s H1 profits fall 29%
NREC records KWD 3m profit in Q2-19
Remco’ standalone loss deepens in H1-19
Abu Dhabi Ship Building turns profitable in H1
Boursa Kuwait’s indices close higher on Wednesday
Julphar turns to losses in Q2-19
Waha Capital swings to losses in H1
AUB receives offer on combined stake in KMEFIC
Manazel Real Estate records AED 137m profits in H1
Talaat Moustafa Group’s consolidated profits up 10% in H1-19
Arabia Investments’ profits decline 33% in H1-19
Raya Holding turns to losses in 6M
Domty’s profits down 32% in H1-19
Alexandria Medical Services’ profits rise 13% in H1
Agility logs KWD 21.6m profits in Q2-19
DAMAC Properties posts AED 82m net profit in 6M
Shuaa Capital finalises placing Sukuk for LSE-listed First Group
Amanat Holdings’ H1 profits grow 26%
Arabtec achieves AED 4bn revenue in H1-19
Shuaa Capital H1 revenues total AED 103m; name changed to ADFG
Kuwait Petroleum reduces crude prices for Asia
Developers add 20,978 residential units in Dubai – H1/19
Saudi Aramco to lift East-West pipeline capacity to 7mbpd
MEA hotel construction remains stable - STR
Kuwait to carry out accord to reduce oil output – Minister
SEDCO Capital ends $338m of global real estate exits
Saudi Aramco eyes stake in India’s Reliance Industries
Etihad Airways expresses no interest to reinvest in Jet Airways
Aramco’s net income hits $47bn in H1-19
DGCX may expand presence in India
DXB welcomes 41.3m travellers in 6M