Latest news

Date Title
AUB-KFH merger still under consideration
TASI grows 103 pts at Thursday’s close
Mohandes Insurance targets EGP 110m profit in FY19/20
Egypt’s car tax revenues hit EGP 4.6bn in 9M
Saudi investments in Egypt hike 44% in Q2-18/19 - CAPMAS
Egypt collects EGP 17.3bn revenues from EGPC in 9M
KIB issues $300m AT1 perpetual Sukuk
Mopco’s profit soars 66% in Q1 on higher sales
Qurain Petrochemical nods to 16% annual dividend
Six Egyptian companies raise capital by EGP 1.15bn – Ministry
Emaar boosts DFM above 2,600 pts Thursday
Boursa Kuwait closes Thursday on mixed note
Kuwait’s crude oil price falls to $67.7 pb on Wednesday
Arab Cotton’s profit drops 77% in 9M
Combined Group’s UAE unit wins AED 16.5m tender
Egypt-China bilateral trade hits $4.1bn in 4M
Damac delivers 1st Sharia-compliant development
Ataa Educational obtains CMA’s approval for IPO
Egypt pens partnership deal with Germany’s Gutmann
GFH re-appoints SICO as liquidity provider in DFM, BHB
UAE-listed firms pay AED 42bn dividends in 2018
Saudi cable discloses correction on Q1 financials
Mohandes Insurance posts 30% profit rise in 9M
Malath Insurance hires new board chairman
Emaar, China’s BNA ink MoU for aero-economic area development
Boursa Kuwait to close 3 days on Eid Al Fitr holiday
Tadawul to close one week on Eid Al Fitr holiday
Egypt’s cabinet nods to $200m finance deal to support entrepreneurship
UAE’s Crescent Petroleum to double gas output in KRI
Tadawul suspends trading on Al Khodari’s stock
Boursa Kuwait’s indices open Thursday mixed
Suez Canal revenues hit EGP 50bn in 9M
US-UAE defence deal takes effect
Marakez shareholders nod to capital hike
Abu Dhabi’s Miral, Plug and Play ADGM partner to support travel, hospitality startups
DFM to close one week on Eid holiday
Al Kathiri posts SAR 5m profit in 3M
CMA greenlights Al-Etihad Cooperative’s SAR 125m capital hike
Du, ADIB renew data centre services deal
Dubai attracts AED 20bn FDI in Q1
Abraaj founder released from custody on $19m bail
Markaz’s foreign real estate AUM hit $377m in Q1
Saudi Cement’s board proposes SAR 230m dividends for H1-19
Qalaa Capital ups investments in Egyptian refining project
Saudi mortgage balloons in April
Expats’ remittances in Saudi Arabia retreat 8.5% YoY in April
GE Power boosts capacity of Iraqi Al Qudus Power Plant
US Singularity University launches startup competition
EGX nods to MM Group’s EGP 77m capital raise
Kuwait announces Eid Al Fitr holiday
EGX mulls Ataqa’s EGP 500m authorised capital hike request
Uber Egypt may raise fares in July on fuel price hikes
ADX closes Wednesday in green
Saudi Arabia jumps 13 positions at IMD Competitiveness ranking
Boursa Kuwait ends Wednesday higher on new injected liquidity – Analyst
Sama Cement reduces shareholding in Sinai Cement to 6.75%
Burgan Bank: Moody’s affirms rating, ‘Stable’ outlook
Reliance Logistics raises stake in Sinai Cement to 10.44%
Modon, Al Shaya Group ink contracts to launch 2 food plants in Saudi Arabia
Profit-taking drags down DFM on Wednesday
Housing ministry executes EGP 1.8bn water, sewage projects in Beheira
UAE fuel prices to rise in June
Egypt’s MoF provides EGP 4.5bn urgent allocations in April
Kuwait crude oil rises $1.31 on Tuesday – KPC
Awtad board nods to delisting from DFM
Construction industry in Abu Dhabi, Dubai to slow in 2019 – Colliers
Arkan Al Kuwait profits plunge 73% in 6M
King Salman launches ‘Enriching Hajj & Umrah Experience’ programme
S&P upgrades Sharjah Islamic Bank’s rating to A-
KWD stable against USD early Wednesday
UAE’s real GDP likely to grow 2% in 2019 – C.bank
ECA orders Glovo to return to Egypt
Sipchem names Saleh Bahamdan as new CEO
Spinneys to open 2nd store in Ajman
TASI falls 132 pts, Nomu grows slightly at Wednesday’s open
Boursa Kuwait opens Wednesday higher
Egypt’s VAT revenues hit EGP 247.5bn in 9M
Raydan Q1 profit falls 85%
Emaar selects SSH as lead consultant for Creek Beach District
Development Works Food logs SAR 1.5m profit in Q1
Bombardier to build EUR 3bn Egyptian monorail in Derby
ENBD REIT’s NAV hits $270m in 12M
MetLife’s accumulated losses hit 20.99% of capital
Pharos Research maintains EG Bank FV
SAMA’s assets add SAR 26bn in April
Saudi general reserves decline in April
Saudi Arabia’s int’l reserves shrink by over SAR 5.5bn in April
Pharos Research keeps Elsewedy Electric FV at EGP 18.94
Egypt collects $2.14bn from taxes on T-bills, T-bonds revenue
Saudi Ports’ revenue hits SAR 3.54bn in 2018
Saudi non-hydrocarbon trade deficit with GCC levels up in 2018
GCC banking sector flourishes in Q1 – KAMCO
Moody's affirms GIB foreign currency deposit ratings; outlook upgraded
EGX breaks 14,000 pts at Tuesday’s close
Housing ministry sets up EGP 5.1bn water, sewage projects in Qalyubia
DFM rises 1.24% on MSCI upgrade at Tuesday’s close
ADX closes Tuesday in green
Switzerland grants $17m to finance water supply projects in Egypt
Boursa Kuwait closes Tuesday on mixed note
Amer Group’s talks over Ras Ghamila project on hold