Latest news

Date Title
SAGO to buy 780,000 tonnes of feed barley
ADX snaps two-session losing streak on Thursday
New Administrative Capital attracts EGP 250bn investments
DFM sheds 22 pts on Thursday
Interbank transactions hit $7.5bn end-July – CBE official
Misr Cement Qena’s H1 profit slumps 85% on higher expenses
M&A Brief of the Week
Housing ministry sees EGP 150bn investments in PPP projects
Dubai's Averda Int’l in talks with banks over $700m potential IPO
KAMCO receives CMA’s approval to capital restructuring
Minapharm Pharmaceuticals’ standalone profit dips 70% in H1
National Building not to pay dividends for FY18
Diesel prices in Abu Dhabi rise 8.5% in Q2
India’s LTHE, Subsea 7 win Saudi Aramco offshore contract
Egypt allocates EGP 31bn to develop Upper Egypt in FY19/20
GEMMA’s H1 unaudited financials post 31% profit growth
Unipack’s H1 profit slides 22%
EFIC’s consolidated profit rises 75% in H1
UAE C. bank’s foreign assets up 11% in July
SDRPY launches new electricity infrastructure in Hajjah
Egypt directs EGP 5bn investments to Sinai in FY19/20
Azizi Developments appoints new CFO
Abo Moati shareholders approve 25% capital increase, 5% dividends
Ataqa turns to losses in H1 on lower sales
CBE issues EGP 19bn T-bills on Thursday
NBK Egypt logs EGP 1.05bn profit in H1
Abu Dhabi Ports’ unit, AIPMA ink deal on Indian polymer investments
Bahraini Banks’ profits grow 5% in Q2-19
Al Futtaim Engineering inks strategic deal with MEFMA
Abu Dhabi’s metal exports up 10% in 5M
Boursa Kuwait opens Thursday’s session down
Elaraby Group to open EGP 200m factory in Beni Suef
Egypt collects $6bn disputed taxes
Pharos Research upgrades EFG Hermes’ FV
Kuwaiti developers’ profits nearly halve in Q2-19
Saudi CMA nods to Al-Bilad Saudi Sovereign Sukuk ETF units offering
Amer Group to launch EGP 3bn project in Cairo
Prime Holding ends talks to acquire Pharos Holding’s two units
Kuwait’s CMA approves Global Investment House capital cut
Salama Cooperative Insurance moves to losses in 6M
EGX approves United Housing’s EGP 71m capital raise
Blue chips push down TASI at Wednesday’s close
New discoveries posit Egypt as attractive LNG investment destination – Report
CMA approves Amiantit’s request to cut its capital
Egypt’s MSMEDA offers EGP 1.88bn funding to women in 2018
Kuwaiti Munshaat’s subsidiary receives 25% rental cut in KSA
Al Shams Housing’s profit falls to EGP 74m in H1
Alafco excludes $80m planes from leasing contract with Indian firm
Almarai successfully completes Al Kharj Solar Project
Over 2,000 keys of branded supply joins Saudi market in Q2 – Colliers
Egyptian banks’ reserves abroad rise on investments in debt instruments
Car sales in Egypt to go down by 22%
Kuwaiti indices close Wednesday’s session down
Egypt sets plan to convert vehicles to natural gas
Saudi Arabia plans to introduce Hajj Smart ID in 2020
Blue-chip stocks weigh on ADX on Wednesday
Fitch upgrades Kuwait Energy’s rating; Outlook stable
DFM ends Wednesday in green
Saudi NWC offers bids for water project in Madinah, Tabuk
Egypt to receive $95bn USD inflows by year-end
ADNOC awards AED 13.2bn new contracts
CI affirms Bank of Sharjah’s ratings; Outlook ‘Stable’
Egypt mulls ways to slash customs clearance time
Rubex International’s profit surges 346% in H1-19
Egypt’s hotel occupancy rates rise in H1 on AFCON – Report
Saudi fisheries deepens losses in 3M
UAE hotel markets maintain rate declines in H1 - Colliers
Thimar Q2 financils to be delayed
October Pharma’s profit drop 67% in H1-19
Egypt's Zohr gas output grows to 2.7 bcfd – Minister
Egypt, Germany’s Rohde & Schwarz explore opportunities for cooperation
GASCO’s profits hit SAR 120m in H1
IIF: Egypt’s interest rate likely to drop; economic growth to stabilise at 5%
Emaar Misr denies businessman’s alleged ownership of Marassi land
Alhokair records SAR 224m profits in Q2
Invest Bank proposes stock trading resumption on ADX
Kuwait crude oil rises to $60.61 bpd on Tuesday – KPC
ADIB’s UK unit funds BLME for AED 120m takeover in Edinburgh
Porto Group Holding logs EGP 80m profit in H1-19
Al Ahly Development’s profit soars 61% in H1-19
Tadawul to extend trade at last session to 20 minutes on Tuesday
Qena governorate allocates EGP 600m to development plan
Taqa sets new production record from Atrush oil field in KRI
GO to post Q1 financials by end-September
Saudi Arabia tops Abu Dhabi’s non-oil trade partners in 5M
Chemanol names new CEO
Boursa Kuwait opens Wednesday down
Orascom Development eyes EGP 7bn property sales in 2019
ENBD REIT buys back shares on Nasdaq Dubai
Saudi Arabia launches $160m health projects
GCC banks post $18.5bn profits in H1-19
Egyptian banks’ reserves abroad hit $19bn in July
Riyad REIT Fund to pay SAR 41.2m dividends for unit holders
Inertia Egypt targets EGP 5.5bn sales from Jefaira North Coast
Delta Construction’s profit hikes 5.5% YoY in H1-19
Kuwait’s inflation up 1.15% YoY in July
TASI, Nomu end Tuesday in green
Tabuk Agriculture swings to losses in Q2
Egypt discusses social media tax draft law with Facebook officials
Aqar Real Estate generates profit from selling industrial plot