Latest news

Date Title
Abu Dhabi receives 1st flight from new King Abdulaziz Airport
Five Saudi companies post SAR 11.7bn profit in Q2-19
Egypt’s oil ministry to supply gas to 1.2m subscribers in FY19/20
Renaissance Capital sets Telecom Egypt’s TP at EGP 17
144 Kuwaiti companies post $1.74bn profits in Q2-19
Egypt’s gov’t to drill gas well in Desouk
Bahraini economy susceptible to liquidity risks – Moody’s
Pyramisa Hotels’ consolidated profit goes down 15% YoY in 6M
Saudi trade with 4 Gulf states plunges 5.5% YoY in 5M
Pharos Research keeps MNHD’s overweight recommendation
Egyptian wind energy project receives $252m finance
ADX 2.5% down in week; Market cap records AED 520bn
DFM loses 62 pts in week
EGX100 ascends 654.5 pts in week; Market cap gains EGP 13.5bn
TASI levels down 116 pts in week
Boursa Kuwait’s indices see mixed performance in week
Egytrans' unaudited standalone financials show EGP 25.5m profit in H1-19
Pharos Research sets FV of HDB at EGP 70.48
Egypt to launch EUR 610m T-bills in August
Egypt’s unemployment levels down to 7.5% in Q2-19
Jazadco sustains SAR 1.7m loss in Q2-19
GFH registers $49m profit in H1-19
FIPCO incurs SAR 4.8m loss in Q2-19
Batic’s profit goes down in Q2-19
Al Salam Group turns to loss in H1-19
TASI, NOMU increase at Thursday’s close
NBE receives license to promote, cover IPOs on EGX
Emaar Misr uses 100% of capital raise proceeds
Egypt’s cabinet approves $14m loan from OFID to build wheat silos
Egypt’s annual inflation falls to 7.8% in July – CAPMAS
EGX ends Thursday in green; Fawry’s stock up 31%
President Sisi approves EUR 214m loan from EIB
Al Akaria’s Q2 profits fall 29%
Egyptian C. Bank may cut interest rates by 500 bps by 2020-end
Ma’aden’s unit abstains required approvals to acquire Meridian Group
UNB Egypt’s profit rises over 40% YoY in H1-19
Delta Insurance’s profit soars 48% in FY18/19
Boursa Kuwait’s indices show mixed performance at Thursday’s finish
Lekela secures funding for 250MW wind project in Egypt
Kuwait Foundry’s profits level down in Q2-19
Jiyad’s profits jump 132% during Q2-19
Egypt's annual core inflation drops to 5.9% in July – CBE
GGICO reports H1 unaudited consolidated interim financial results
Real estate stocks boost DFM on Thursday
Egyptian investors make up 80% of Fawry’s IPO
Blue-chip stocks weigh on ADX Thursday
Senergy Holding’s losses enlarge 86% in Q2-19
Arig logs $7.4m net profit in Q2
Tadawul to start last phase of MSCI inclusion on 28 August
Kuwait crude oil drops to $59.2/b on Wednesday – KPC
EGX executes mandatory tender offer for GTH’s shares at EGP 9.7bn
Al Mal Investment incurs KWD 705k losses in Q2-19
HDB’s H1 standalone profit grows 8%
Oriental Weavers reports EGP 462m profit in H1
M&A Brief of the Week
Ithmaar Holding logs $13m net profit in H1
EFG Hermes’ H1-19 profits surge 44% on higher revenue
Beltone H1-19 losses widen to EGP 48.4m
PetroGulf’s losses shrink 83% in Q2-19
Saudi Enaya incurs SAR 27m losses in 3M
Naeem Holding turns to losses in Q2
Osoul Investment sees 74% rise in Q2-19 profits
Fawry's stock rises 33% in first minutes of trading
Salama posts H1 interim financial results
SODIC’s profit falls 10% in H1
Allianz SF’s Q2 profits fall 29%
Telecom Egypt logs EGP 2.1bn profit in H1
Aayan Leasing turns profitable in Q2, incurs losses in H1-19
Air Arabia Q2 net profit hikes 75%
Methanol Chemicals swings to losses in 6M
Egypt’s CBE to issue EGP 18.75bn T-bills on Thursday
MNHD’s profit drops 16% in H1-19
DXB Entertainments records AED 252m revenue in H1
Chubb Arabia generates SAR 13m profits in H1
Integrated Holding’s profits fall 80% in Q2-19
Sokouk turns to profit in Q2-19
Boursa Kuwait opens Thursday lower
National Gypsum turns to losses in Q2
Taqa generates AED 9bn revenue in H1
Aldar Properties Q2 profits up 7%
Beltone Research sets FV of TMG Holding at EGP 18.65
Wadi Kom Ombo wins contract to build $12.8m irrigation plant
Soor records $4m profit in Q2-19
GIH turns to loss in Q2-19
Golden Pyramids’ profit soars in Q1-19
Al Ahsa Development extends MoU to acquire medical firm
Banque du Caire to pump EGP 1.2bn microfinance in H2
SAIB swings to losses in Q2
Saudi indices end Wednesday’s trade in green
Adnoc to acquire 10% stake in global energy storage firm
Egypt to build $600m ammonia plant in Suez
Tamdeen Real Estate posts $3.7m profit in Q2-19
Alexandria Customs issues clearance for EGP 3.6bn cars, spare parts in July
Saudi Marketing turns profitable in 3M
Salhia Real Estate’s profit levels up in Q2-19
Emaar The Economic City Q2 losses deepen 135%
Egypt eyes 12m tourists in FY19/20
RAK Ceramics eyes expansion in Saudi Arabia - Interview
Saudi German Hospital’s profits fall 78% in 6M
NileSat logs $23.8m profit in H1