Latest news

Date Title
Boursa Kuwait’s indices end down Wednesday, as investors anticipate global recession
Assets under management of Arab funds hit $32.4bn in H1 – Refinitiv
KFIC seals KWD 25m MoU to exit assets
UAE Samana Group mulls capitalising on AED 122.6bn Expo 2020 opportunity
Residents in Kuwait secure $124.7bn loans in August
Egypt, Kuwait’s MEASC ink MoU on smart city technology
MENA sees $80bn inflows from bond market in 2019 - Sjoerd Leenart
Egyptian Tax Authority denies imposing development tax on cars
International Holdings acquires 60% stake in Munnangi Seafoods
SABB cuts stake in HSBC Saudi Arabia in SAR 36m deal
EGX announces 6th of October holiday
DP World lists $1bn sukuk, bond on Nasdaq Dubai
Noor Financial inks KWD 3m exit agreement
Bloomberg Capital Markets Forum kicks off in Abu Dhabi
Walaa Insurance, MetLife AIG disclose steps in merger deal
Pioneers Holding to split into 3 firms, raise stakes in 5 units
Dar Alarkan mulls issuing US fixed rate ‘’RegS’’ senior unsecured sukuk
Egypt’s foreign reserves hit $45bn end September
Moody's assigns Abu Dhabi's $10bn three tranche bond rating at Aa2
Boursa Kuwait sees bearish trend early Wednesday
Deyaar launches utilities management venture
Dana Gas buys back 1m shares
Al Salam Bank purchases 555,000 treasury shares
Kuwaiti foreign reserves exceed $38bn in August
Miral reveals major progress in Yas Bay
Farm Superstores renews SAR 105.5m credit facility
SABIC obtains approvals to merger two units
Fitch Ratings downgrades Saudi Arabia’s IDR; MoF responds
Egypt’s local liquidity soars to all-time high in August
Go’s interim financials show SAR 48.24m loss in 9M
Geopolitical risks test investors’ confidence in GCC markets in September – Report
EGX approves CI Capital Holding’s EGP 256m capital hike
Fitch Ratings affirms Burgan Bank’s IDR at 'A+'
Odin Investments names new managing director
Go turns to SAR 35.5m losses in six-month initial financials
TASI ends lower on Tuesday
African countries to announce duty-exempted goods by early 2020
UAE’s IMKAN hands over luxurious boutique hotel in Morocco
Arab Cotton Ginning to distribute EGP 0.10/shr dividend for FY18/19
TASI gains 266 pts in 9M
Kuwait’s C.bank offers KWD 240m bonds; oversubscribed 10.9 times
DFM maintains upward trend in Q3
flydubai incurs $53.6m loss in H1
Fitch affirms IDR of NBK, NBKI at 'AA-'; Outlook stable
Egypt allocates EGP 60bn to local development between 2018-2022
ADX sheds AED 768m on Tuesday
DFM ends Tuesday on negative note
Misr Chemical Industries approves EGP 32.5m dividend for FY18/19
DFM to showcase smart innovative services at GITEX 2019
Misr Hotels nods to distribute EGP 5/shr dividend for FY18/19
Boursa Kuwait’s liquidity hits 5M-low at Tuesday’s close
Firms invited to prequalify for Heliopolis Housing’s management
DGCX records all-time high quarterly volumes in Q3
Kuwait oil price sheds $1.4 pb on Monday
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