Latest news

Date Title
TASI snaps uptrend, drifts 0.14% lower
Dubai halts rally on profit-taking
Arkan Al-Kuwait Real Estate full-year profit rises 25.4%
US dollar stable at KWD 0.282
Al-Abdullatif appoints auditor instead of Abu-Ghazaleh
CBE raises $1.2bln in 1-year, dollar T-bills
Banque Misr, UEEPC sign EGP 285mln loan agreement
Egypt’s trade deficit falls 22.3% in August - CAPMAS
CBE sells $38.6mln in FX auction; pound flat
Tadawul riding high on strong domestic demand – report
MSM30 crawls 0.36% higher
Mubasher Trade Research launches "MENA Favorite List"
Boubyan International Industries names new board head
KSE closes mixed, turnover leaps 17.1%
Commercial Markets Complex loans total KWD 96.6mln till Sept-end - report
Bahraini insurance firm’s rating affirmed by A M Best Europe
Asry board approves overhaul plan
ACWA Power raises SAR 1,775 mln from inaugural revolver facility
TAQA RECEIVES GOVERNMENT APPROVAL FOR NORTH SEA DEVELOPMENT
QNB ranks best in Qatar & Second largest Capitalized in Middle East-survey
Al Arafa Investment cleared by EFSA to bid for 43% of Golden Textiles
ADIB to support Korean construction firms operating in Middle East
KHC sees special transaction worth SAR 22 mln
Deyaar highlights property prospects to Abu Dhabi investors
Oman Cement inks $39 mln deal for building new mill
Middle East brokerage Mubasher expects double-digit growth in the year ahead
Egypt mulls new plan to promote tourism investments in 2014
Hyundai awarded $1.4bln order for Kuwait power plant
Oman Hotels board member resigns
S&P affirms Bahrain's 'BBB' rating; Outlook Stable
Kuwait mulls corporate income tax on national firms
Dhofar International acquires 35% of Oman Investment
Barwa Bank wins three awards for ‘best performance’
House panel wants gov’t to trim 2014 budget
QCB framing rules for listing of ETFs
Qapco announces over QR1.2bn expansion plan
Orascom Development plans EGP1 bln investments in tourism sector
Over 7,000 non-Saudi govt workers sacked
Bahrain’s economy grows 4.6% in third quarter
Aqar unveils new commercial project
Expo 2020 and Dubai property boost for UAE banks
Bank Muscat, Oman Housing Bank sign home finance deal
Investment Dar reaches $1.2 bln settlement deal with creditors
Disparities in values of subsidies under study
Saudi Arabia to assess renewable energy sources
Court to hear Ezz Dekheila's sale invalidation today
Saudi’s Dar Alarkan posts 17.02% decline in Q3 profit
Emirates NBD has strong liquid asset position; says CFO
Jeeran shareholders OK 5% bonus share distribution
Savola’s Q3 profit above average forecasts of seven research firms
Misr Hotels widens Q1 loss by 92%
Emaar makes AED 1.812 bln profit in nine months
CPI rises 1.26% YoY in September
Petro Rabigh incurs SAR 880.7 mln losses in 9M
AlJazira Capital maintains “Overweight” rating on IQ
Euromoney to hold annual conference in Cairo November 11
Egypt’s Q1 industrial production up 10.2% to EGP 107bln
JADCO profit rises 5.5% in 9M
NBK Capital maintains “Hold” on ADCB
AMOC’s Q1 financial results in line with estimates - Pharos
Global remains “optimistic” about ADCB’s performance
East Delta Flour Mills FY12/13 adjusted profit rises 35%
Wafra profit declines 38% in Q3, 13% in 9M
EGX rallies in early trade; shrugs off analyst forecasts
TASI likely to target support level at 8000 pts - analyst
Spinalex turns profitable, makes EGP 4.6mln in Q1
Pharos says Ezz Steel H1 financial results ‘positive’
Ezz Steel records 8% rise in H1 sales
Citadel says capital hike to go for boosting equity in subsidiaries
Ezz Steel posts 202% surge in H1 consolidated profit
EGX likely to slide to 6000 mark weighed by profit taking – analysts
Sanad calls off general meeting on lack of quorum
Salama’s Best Re to resume activities on court decision
Americana Egypt 9M consolidated profit shrinks to EGP 95mln
Saudi Arabia: News roundup – October 24
Winvest plans private placement of 5.2mln shares on EGX next November
Eastern Tobacco reports 41% profit decline in Q1
Pharmaceutical Industries logs 4% profit growth in Q3
Saudi’s Savola to pay SAR 0.50/shr dividend November 11
Islamic Insurance makes QAR 50.6 mln profit in nine months
Savola’s profit up 12.88% in Q3, 15.31% in 9M
Medicare reports QAR 55.1 mln profit in nine months
Qatar General Insurance makes QAR 761.2 mln profit in nine months
Abou Kir Fertilizers pays EGP 13.17/shr dividend today
Finance Ministry offers EGP 6.5bln T-bills today
Spinalex shareholders endorse FY12/13 financials
Qatari Investors in agreement to double Khaleej Cement production
Ooredoo Oks new appointments for leading subsidiaries
Alexandria Medical Services pays EGP 0.25/shr first coupon installment today
ADCB Q3 profit growth boosted by lower provision expenses – Mubasher Trade
NBAD board will discuss Q3 financials October 29
Commercial Bk of Dubai makes AED 751.5 mln profit in nine months
Al Salam Bahrain’s new Biodiesel plant opens in Hong Kong
EIB swings to profit, makes AED 28.7 mln profit in Q3
UAB’s reports 39% hike in Q3 profit
National Bk of Fujairah makes AED 286.4 mln profit in nine months
Emirates NBD makes AED 2.6bln profit in nine months
Wataniya Telecom posts KWD 57.72mln profit for 9M
Egypt does not seek to export gas from Israel – EGAS official
EGX reverses six-day rally on profit taking