Latest news

Date Title
Saudi German Hospital, Careem partner to provide better transportation services to patients
UAE residents see Canada as most attractive destination for living - Survey
Arabian Pipes inks SAR 43m deal with Saudi Aramco
Burgan Drilling logs KWD 2m profits in full-year financials
Abu Dhabi’s Special Olympics World Games logs AED 1bn in economic output - PwC Middle East
Alhokair’s profit hikes 40% in 12M
Tadawul lifts trading suspension on Thimar’s stock
Tadawul adjusts free float shares for Q2-19
Emirates NBD’s stock jumps 5% in Sunday’s mid-trade
Kuwait Foundry reports profits from $6m loan repayment
Dana Gas nets $48m from Egypt in June
Nakheel Malls to open zombie-themed entertainment zone in 2020
Boursa Kuwait opens Sunday in green
Saudi Fitness Time opens SAR 17.6m centres in Jeddah
Emirates NBD, Sberbank receive regulators’ approval for Turkey’s Denizbank acquisition
Saudi Electricity runs SAR 200m transfer station
Pakistan to secure $375m loans from UAE banks
DEWA unveils AED 2.2bn project
AED 3.2bn solar plant begins operations in Abu Dhabi
Bin Salman, Putin agree to extend OPEC output cut pact
Fitch Ratings affirms GFH’s IDR; outlook stable
ADX loses 53 pts in week; market cap hits AED 510bn
Transport, investment weigh on DFM in week
EGX indices end lower in Q2
Emirates NBD receives approval for AED 11.7bn acquisition in Turkey
EGX’s indices go up in June; market cap gains EGP 11bn
TASI retreats 73 pts in week
Saudi mortgage hits SAR 5.65bn in May
Etihad Credit Insurance inks MoU with South Africa’s export credit agency
Egypt signs pact with IBM to launch IT school in Shorouk City
QSE goes down 244 pts in week; market cap loses 2.35%
Boursa Kuwait’s indices show mixed performance in week
Bahrain Bourse adds over 13 pts in week
Saudi Arabian general reserves level down 16.7% YoY in May
Saudi int’l reserves grow SAR 46.9bn in May
Global Lease seeks EGP 400 finance from 2 banks
SAMA’s assets go up SAR 34.17bn in May
Adnoc closes $4bn deal with US’ BlackRock, KKR
Egypt approves making domestic debt euroclearable
VIVA Bahrain launches home broadband 5G network
EGX, CBE announce 30 June revolution holiday
EGX ends Thursday in green on foreign purchases
M&A Brief of the Week
HEISCO wins $42.3m contract from KPC
Egyptian expats’ remittances in UAE hit $627m in Q1-19
Dar Alarkan names Youssef Al Shelash as new chairman
TASI adds 109 pts, Nomu grows at Thursday’s close
MetLife AIG renews insurance policy for Arab National Bank
Al Kathiri Holding gets Riyad Bank’s approval to renew Islamic facility deal
Porto Group takes procedures to claim $39.9m from Antaradus
National Grid, ACWA Power, CET pen MoU
UAE fuel prices to slash in July
Warba Capital boosts capital to KWD 10m
UAE to lure further foreign investments – Emirates NBD
Saudi Aramco, Malaysian Petronas to restart JV crude unit in July
Kuwait pushes for extending oil output cut pact
AMOC eyes EGP 416m profit in FY19/20
Saudi Aramco, Hyundai Oilbank pen 20-yr crude oil supply deal
Banque Du Caire in talks with MSMEDA over EGP 200m loan
Blue chips boost ADX on Thursday
Sisi approves law to raise military pensions by 15%
DFM ends Thursday in green
eXtra inks SAR 166m Murabaha deal with Al Rajhi Bank
Boursa Kuwait ends Thursday in greed amid thin liquidity
National Petroleum Construction eyes 34% revenue growth in 2019
Two property funds eye listing on Boursa Kuwait end-2019
Alafco to lease 4 planes to Chile's Sky Airline
Jazeera Airways boosts A320neo aircraft with new engine
Emaar Properties acquires 22% of DFM’s liquidity mid-Thursday
Etihad Atheeb reduces losses by 71% in 3M
General Company for Silos logs EGP 94m profit in 11M
Dubai welcomes 171,000 visitors from GCC in Eid Al-Fitr
Egypt-G20 trade hits $66.8bn in 2018 – CAPMAS
UAE’s LuLu Exchange, SALE International ink deal for e-top up service in Oman
Dubai’s DAE buys back 4% stake held by Emaar Properties
Kuwait’s KUFPEC makes significant gas discovery in Malaysia
TASI starts Thursday in green
Aljazira Takaful, Solidarity ink MoU for potential merger
Expo 2020 Dubai seals $653.4m contracts with SMEs
Thimar’s initial financials post SAR 2m losses in Q1
Saudi Arabia, Kuwait open Raqa'i port
USD stabilises against EGP early Thursday
Kuwaiti oil prices rise $0.93 on Wednesday
UAB concludes $195m syndicated loan facility
Banks boost Kuwaiti indices early Thursday
Al Aman Investment acquires local education firm
Adnoc opens world’s largest offshore oil platform
Egypt-Japan bilateral trade hits $401m in Q1
King Abdul Aziz Port handles 26.5% more cargoes in May
Egypt-Germany bilateral trade records $5.1bn in 2018
Egypt signs 7 agreements, MoUs with Germany
TASI gains 37 pts; NOMU loses 18.5 pts Wednesday
MSCI’s upgrade of Kuwait may lure $2.2bn investments – Report
GTH’s asset transfer to be complete by end-2019
Overview of Saudi Aramco’s agreements with S. Korean firms
EGX ends Wednesday over 14,000 pts on GTH tax settlement
Saudi NEOM hires American project management consultant
Egypt eyes $12bn textile exports by 2025
Boursa Kuwait closes Wednesday lower unlike forecasts
Saudi Arabia, S. Korea to establish SME bank