Latest news

Date Title
Arriyadh Development’s Q1 profit drops 17% on lower rental revenues
Maridive’s unit wins $27m contract in Mexico
STC closes $1.25bn 1st US dollar sukuk issue
Emaar Misr’s Q1 profit falls 17%
Al Ramz acquires securities brokerage firm at AED 24.6m
Egypt issues clearance of EGP 3.8bn cars in April
Al Ramz suffers AED 13m losses in Q1
Saudi non-oil private sector’s business activity marks 4th straight growth in April
Dubai Investments generates AED 202m profit in Q1
Egypt’s non-oil private sector improves in April - PMI
Khaleeji Commercial Bank’s Q1 profit dips 79%
Specialities Group Q1 profits grow 5.2% YoY
UAE non-oil private sector’s business conditions see 16M improvement in April
CBE issues EGP 17.5bn in T-bills Sunday
Egypt’s real estate tax proceeds to rise 25% in FY19/20 – MoF
Egypt to raise VAT proceeds by 14% in FY19/20
UAE’s economy grows 1.7% in 2018 – IMF
Napesco records 5.3% increase in Q1 profits
Egypt’s tax proceeds to rise 12.7% in FY19/20 - MoF
RAK Properties reports 84% profit decline in Q1
Boursa Kuwait opens Sunday higher
Egypt eyes 14% increase in customs duty revenue in FY19/20
Inovest Q1 profits rise to $3m
Egypt targets 16% YoY revenue growth in FY19/20
Egypt sets oil price at $68 pb in FY19/20
Egypt eyes GDP growth of 6% in FY19/20
Noor Bank posts AED 217m Profit in Q1
Etisalat Misr to invest EGP 4.5bn in 2019 – CEO
World Bank launches $200m fund for Egyptian SMEs
Over two-thirds of residents in Kuwait are expats – Report
Dubai’s RTA inaugurates 1st floating marine transport station in UAE
Emirati university partners with global health care firm
GCC markets achieve a positive performance in April
Egypt to allocate $630m to develop informal settlements
TVM Capital Healthcare inks deal to launch new medical business
Saudi Arabia may up oil output in June
Bank Audi acquires NBG Egypt
ADX sheds over 152 pts in week
DFM loses 30 pts in week; market cap hit AED 361.27bn
QSE index levels up 30 pts in week
Bahrain’s Ebdaa Bank closes pact to launch new sharia-compliant products
HEISCO’s shareholders nod to 30 fils per-share dividends
Egypt targets $25.5bn deficit for FY19/20
Emirates closes codeshare agreement with Brazilian airline
ZAIN posts 111% YoY profit hike in 3M
Saudi Arabia may issue $5bn int’l sukuk in Q3
Egypt’s Real GDP growth to hit 5.4% in FY 19/20 – Fitch
RAK Ceramics eyes expansion in Europe, Africa
Assets of Saudi investments funds grow by 15% in 2018
North Cairo Mills posts 67% YoY profit decline in 9M
Al Khaleej Training wins SAR 19m marketing services contract
QNBFC research recommends buying of GBK’s stock
EGX ends May’s 1st trading session mixed; market cap sheds EGP1.6bn
Southern Province Cement posts 17.6% profit growth in Q1
Egypt to offer 900,000 jobs/yr – PM
Moody's affirms Kuwait’s issuer ratings; outlook stable
Tadawul announces Ramadan trading hours
Egypt seeks to attract $200bn investments in 4 yrs
FAB opens 1st branch in Saudi Arabia
Batelco logs BHD 14.6m profit in Q1 on higher revenues
Banque Saudi Fransi logs SAR 1.1bn profit in Q1
AM Best affirms Dubai Insurance’s rating at ‘A-‘
TASI falls 25 pts; turnover hits SAR 3.4bn at Thursday’s close
General Company for Silos logs EGP 75m profit in 9M
Boursa Kuwait drops for 2nd consecutive week
Saudi Nejran Airport to resume operation – GACA
Canal Shipping’s profit up 36% in 9M
National Industries to pay KWD 16.3m dividends for FY18
Egyptian banks’ foreign deposits fall in March – CBE
SFD inks export guarantee deal with Cement Service Industries
Aayan Real Estate to pay KWD 2m dividend for FY18
Mubadala inks $2bn revolving loan
KIB’s profit levels down 19% in Q1
Egypt’s domestic liquidity hits EGP 3.7trn in March - CBE
AUB Kuwait logs KWD 17.5m profit in Q1
DFM ends Thursday in red
Saudi economy to grow 3% in 2020 – World Bank
Profit-taking weighs on ADX at Thursday’s close
Boursa Kuwait ends Thursday in green
Mohammed Bin Rashid Housing inks MoU with UAB
Minapharm to pay EGP 83m dividends for FY18
Jarir Marketing’s stock sees SAR 15m private deal Thursday
Aramco’s dividends boost Saudi oil revenues in Q1 – Jadwa
El Sisi approves $165m loan from Kuwait
Agthia plans to expand in 4 Arab markets
United Arab Stevedoring incurs EGP 19m loss in 9M
Saudi budget surplus hits SAR 27.8bn in Q1-19
Arab Drug posts EGP 32m profit in 9M
Tabreed’s Q1 profit rises 3% on higher sales
Egyptian consortium inks $739m water treatment project
Aseer Trading’s OGM nods to statutory reserve reduction
Deyaar Development names new chairman
Egypt mulls partnering with Lebanon in energy sector
Makkah Construction’s shareholders approve SAR 2/shr dividends
Saudi economy to grow 2-2.5% annually in next 5 yrs – Moody's
GTH Q1 profit hikes 71%
Mahara’s IPO 904% covered – Samba Capital
CBE issues EGP 18.5bn in T-bills Thursday
SEC incurs SAR1.5bn loss in Q1
Zain Bahrain logs 55% profit rise in Q1