Latest news

Date Title
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
Riyadh Jawazat's services to continue during Eid Al Fitr holiday
Misr Oils targets EGP 3.5m profit in FY19/20
Kuwait crude oil up 3 cents on Monday – KPC
Dice standalone profit inches down 1.2% in Q1
Kuwait C.bank’s KWD 360m bond issue oversubscribed
Tabarak launches new property firm in Egypt, GCC
Saudi Aramco reduces June propane price by $95/tonne
North Cairo Mills reports 64% profit drop in 10M
Manazel Holding Q1 losses deepen 160%
UAE's Gulf Craft hires Seven Media as retained PR agency
EFG Hermes concludes first merger advisory in Saudi market
GCC-listed firms Q1 earnings decline to $17bn – KAMCO Research
Dubai’s DLD, Mashreq Bank ink e-mortgage system licence agreement
Saudi private sector owns 9 organic fertiliser plants - Ministry
Elsewedy Electric’s profit drops 30% in Q1
Careem acquires bike-sharing startup Cyacle
Tamweely Microfinance in talks over EGP 250m finance – Chairman
Moody’s affirms deposit rating of KFH; Outlook remains ‘Stable’
EGA's unit secures $750m loan for Guinea’s greenfield mining project
Saudi CMA amends corporate governance regulations
Boubyan Petrochemical to pay 50% annual dividend
Al Bostany to inject EGP 200m in residential-administrative project
Blue chips push down TASI early Tuesday, Nomu unchanged
UAE banks to supply new currency notes in Eid season
Boursa Kuwait’s indices open Tuesday mixed
Al Safwa Mubasher’s stock sees AED 260.4m bulk trade Tuesday
Transport ministry sets up 8 Nile axes at EGP 11bn
Uber names Mohammad Gazzaz as GM for Saudi Arabia
Assets of UAE’s domestic funds hit AED 1.5bn in 2018
AXA receives SAMA’s approval for capital hike
Saudi Arabia’s trade surplus hikes 80.2% in 2018
Dubai’s ADES logs $108.7m revenue in Q1
Giza General Contracting submits capital hike documents
Almarai completes full acquisition of Premier Foods
Kima’s Aswan ammonia plant to start trial operation in July
Arabtec’s unit wins AED 192m contract from Ellington Properties
Saudi Al Hokair Group launches Sparky's VR Zone in Abu Dhabi
EGX ends Monday in red on foreign sales
Dubai’s ENOC to boost footprint in Saudi Arabia
Orascom Construction in talks to set up monorail project
Bahrain C.bank’s BHD 70m T.bills oversubscribed
Omani gov’t to impose new selective tax on listed food, drinks in June
Edita sets up EGP14m production line
Kuwait C. bank issues KWD 360m bonds
Dubai announces Eid Al Fitr holiday for public enities
Swvl to invest EGP 1bn in Egypt in 2 yrs
Ford, Swvl pen partnership deal
Napco National plans to go public
Energy, real estate stocks push up ADX Monday
Boursa Kuwait’s indices close Monday higher
Saudi Maaden reportedly mulls rights issue worth $5bn
DFM ends Monday in red
Dubai’s ENOC unveils retail development plans ahead of Expo 2020
Zain Iraq marks Middle East’s 1st operator offering purchase solution via FB
NBK raises stake in Boubyan Bank
Egytrans Q1 profits up 27%
Electro Cable posts 524% profit hike in Q1
UAE’s Gulf Capital acquires 70% stake in Medica
CBE stimulates banks to invest in SME funds
Dubai Air Navigation, Dubai Aviation City ink strategic partnership
Saudi Arabia's inflation falls 2.1% in 4M – Report
Japan, France, AFDB allocate $800m to Egypt’s energy projects
Ithmaar Holding acquires additional shares in Solidarity Group
Alargan to pay 5% dividend for FY18
TASI to hit 9,400 pts on MSCI inclusion – Credit Suisse
El-Attal Holding to launch EGP 2.5bn project in Ain Sokhna
Huawei selects Saudi Arabia to launch ‘Y9 Prime 2019’ device
Sharjah International Airport sees 4.3m travellers in April
Halwani Bros’ profit falls 67% in Q1
Boursa Kuwait opens Monday in green
Azizi Developments to boost on-time construction with AED10m bonus for contractors
TASI starts Monday in green, Nomu unchanged
Mariout Hills injects EGP 300m in tourism project in North Coast
Saudi Steel Pipe offsets FY18 accumulated losses
ADNIC raises capital to AED 570m
Al Ahsa extends MoU to acquire Al Salam Medical Services
With AED 500m in cash, Amanat seeks further expansion in GCC, Egypt
Fujairah Cement withdraws from Sohar Cement for $60m
Coca-Cola to launch new beverages in Egypt