Latest news

Date Title
Al Ahsa signs deal to fully acquire Al Salam Medical Services
Egypt’s Faisal Islamic Bank revised Q1 financials show EGP 1bn profit
Arabtec posts AED 30.2m profit in Q1
Omniyat breaks record with second-most expensive penthouse in UAE’s history
SAIB deposits EGP 1.4bn in CBE
Egyptians for Housing generates EGP 12.1m profit in Q1
Brooge Petroleum, Sahara Energy to set up oil refinery in Fujairah
Dubai hotels net $980m revenue in Q1
ARIG’s profit balloons in Q1
Sipchem, Sahara eyes M&As in US, Asia after merger
Nass Corporation turns to loss in Q1
Umm Al Qaiwain’s net profit hikes in Q1
Al Khaleej Investment turns to loss in Q1
Bahrain Duty Free reports $6.8m profit in Q1
Al Salam Bank’s profit hits $14.5m in Q1
Solidarity Bahrain’s profit enlarges 29% YoY in Q1
Bahrain’s Al Baraka Bank posts 31.4% YoY profit hike in Q1
TASI breaks 8-session losing streak at Tuesday’s close
SAIB turns profitable in Q1
EBE’s profit hikes 57% in 9M
Bahrain’s cabinet nods to customs cooperation deal with Egypt
Lecico Egypt turns to losses in Q1
Misr Cement’s profit drops 81% in Q1
Al Mazaya Holding Q1 profits fall slightly to KWD 1m
UPAC posts 8.5% decline in Q1 profits
Boursa Kuwait’s indices close Tuesday mixed
B Investments to distribute EGP 0.50/shr dividends for 2018
Kuwait C.bank issues KWD 160m bonds
Egyptian Resorts turns to losses in Q1
Tamdeen Investment records KWD 9m profit in Q1
Integrated Holding Q1 profits plunge 39.6%
DFM ends Tuesday in green
CMA greenlights Burgan Bank’s perpetual bond issue
Ataqa’s Q1 profit falls 67% on lower sales
Dubai Refreshments records AED 12.2m profit in FY18
Fujairah Cement posts AED 1.1m profit in Q1
Sarwa Capital’s profit jumps 130% in Q1
Invest Bank’s FY18 loss widens
Kuwait’s crude oil price levels up 83 cents on Monday
EFG Hermes generates 43% profit growth in Q1
TIME Hotels unveils elite-club loyalty programme
Talaat Moustafa Group’s profit expected to rise 17% in Q1
Al Ahleia Insurance records 9% rise in Q1 profits
Combined Group Q1 profits grow to KWD 2m
Gulf Navigation interim results show AED 11m loss in Q1
Porto Group’s profit rises 31% in Q1
Arabian Centres closes IPO, retail offering
UAE's IHC logs AED 9.3m profit in Q1
Telecom Egypt’s profit soars 108% in Q1
S.Korea seeks to build nuclear research centre in Saudi Arabia
NREC posts KED 3.6m profit in FY18
GFH profit plunges 44% in Q1
Credit Agricole Egypt posts 15% profit growth in Q1
Egypt receives 1.620m tonnes of wheat from local farmers
Boursa Kuwait’s indices open Tuesday higher
Takaful Emarat's net takaful income falls to AED 21m in Q1
TASI surges 113 pts, Nomu stable early Tuesday
Kuwait Foundry nods to 8 fils/shr dividend for FY18
DXB Entertainments reports AED 142m revenue in Q1
Commercial Facilities to pay 17% dividend for FY18
Aldar Properties Q1 profits fall 26%
Batelco announces legal split to two independent entities
Saudi Eastern Province to implement 6 footbridges, smart containers
MSCI adds 30 Saudi companies to EM Index
Manazel Real Estate posts AED 230.7m profit in FY18
MSCI adds Dana Gas to EM Index, delists Damac
Emaar Malls logs AED 577.6m profit in Q1
UAE’s Brooge Petroleum to set up oil refinery in Fujairah
EGX hovers near 13,900 pts on local, Arab sales at Monday’s close
Incolease’s profit rises 2.7% in Q1
ADX closes Monday in red; market cap loses AED 17.6bn
Egypt’s Odiggo closes $180,000 investment from Saudi Arabia
Al Rajhi Capital upgrades Al Othaim Markets’ TP to SAR 88/shr
HEISCO logs KWD 2.7m profit in Q1
Oman’s Mwasalat announces discount for Muscat-Dubai route
EFIC posts 26% profit rise in Q1
DFM closes Monday 4% lower
Boursa Kuwait marks 3rd consecutive drop at Monday’s close
Italian tourists to Egypt grow 40% in 2019 – Minister
UAE tops MENA in adopting holistic sustainability strategies – Survey
Microsoft inks MoU with Cubical Services to boost Kuwaiti startups
Tamdeen to complete KWD 65m Tamdeen Square project by end-2019
Saudi Crown Prince donates $50m to renovate Ancient Jeddah buildings
Wadi Kom Ombo’s profit grows 12% in 9M
Saudi healthcare sector posts SAR 113.6m decline in Q1 profits
Markaz’s AUM hits KWD 1.5bn in 3M – CEO
Dubai Chamber unveils Car Dealers Business Group
Egypt’s trade balance deficit drops 2.7% in February – CAPMAS
United Housing’s shareholders approve EGP 71m capital raise
Kuwait’s bank deposits go up 2% YoY in March – C.bank
Ithmaar Holding records $7m profit in Q1
Dur Hospitality names Sultan Al Otaibi as new CEO
SPMC reduces accumulated losses to 33% of capital
Delta Insurance logs EGP 56.6m standalone profit in 9M
Leejam Sports names new chairman, MD
Mohandes Insurance nods to capital raise through bonus shares
GB Auto records EGP 66m profit in Q1
Munshaat cuts Q1 losses by 9%
Leejam Sports to pay SAR 0.4/shr dividends for Q1
Attijariwafa Bank launches Africa Development Club in Egypt