Latest news

Date Title
Zahrat Al Waha to launch new production line for SAR 14m
Egypt prepares largest budget in its history for FY19/20
Alafco inks deal with CFM to expand LEAP fleet
Arabian Pipes to use SAR 71m of reserves to offset losses
Saudi German Hospital not to distribute dividends for FY18
Dar Alarkan not to pay dividends for FY18
Shuaa Capital’s stock up 8% as merger approaches
Beltone’s board nominates new chairman, managing director
Taameer Real Estate reappoints chairman
Aldar Properties sells 1st phase plots of Alreeman 2
USD trades steady against EGP early Sunday
ENOC builds 3 fuel distribution plants at Expo 2020 Dubai site
Egypt’s parliament approves EUR 225m loan from KfW Development Bank
CBE issues EGP 17bn T-bills on Sunday
Banks push down Saudi indices early Sunday
Sharjah International Airport sees 5.5m passengers in 5M
NADEC no to proceed acquisition deal with Al Safi Danone Company
Musharaka REIT to pay SAR 31m dividend for H1
Sipchem suspends 3 units for periodic turnaround maintenance
GCC to be volatile this week – Analysis
DAMAC denies being in pole position to buy Italy’s Roberto Cavalli
Attijariwafa Bank requests licenses for new services
Egypt’s Islamic banking sector grows 15.8% YoY in Q1
Etihad Airways halts flights over Iran’s Hormuz
Saudi National Water to develop SAR 5.8bn projects
Warba Insurance ups stake in Wapmed TPA Services
Suez Canal adds EGP 54.7bn to Egypt’s general budget
Dubai ruler approves AED 2bn Dubai-Al Ain Road project
Chemical Industries Holding targets EGP 24.3bn revenue from subsidiaries
Sales of Kuwaiti properties hit $1.12bn in May
Saudi Arabia’s Sami launches JV with French aerospace firm
ENPPI wins $500m contract in Saudi Arabia
ADX adds 1.6% in week
DFM levels up 26 pts in week
TASI loses over 71 pts in week
Egypt’s VAT returns rise 19% in 10M
QSE gains over $3.4bn in week
Boursa Kuwait’s indices see negative week
Bahrain Bourse goes up 6 pts in week
Mansour Auto, China’s SAIC Motor to produce MG cars in Egypt
Egyptian gov’t to establish $6m clearing company
New project to link Gulf countries’ statistical centres
Flynas inks protocol with Airbus for new orders
Arabian Aramco Total Services redeems SAR 140.9m
EGX ends Thursday in red; market cap loses EGP 3.18bn
Egypt’s hotel occupancy rates jump ahead of Africa Cup of Nations
UAE hosts 1st 'Digital Government Research' edition in ME
Boursa Kuwait ends Thursday on mixed note
Banks drag down Saudi indices at Thursday’s close
USD grows 7 piasters on Thursday
DFM closes Thursday higher, real estate-backed
Egypt-COMESA trade exchange hits $2.3bn in 2018
Al Futtaim Engineering to supply property projects in UAE with Hitachi elevators
Egypt Gas sells land plot for EGP 52m
ADX ends Thursday in green
Egypt’s court rejects lawsuit against UAE's Adeptio AD Investments
Above 75% of UAE IT decision-makers see public cloud future tech-backed
STC launches 5G in Saudi Arabia; to reach Bahrain soon
Abu Dhabi’s hotels receive 1.76m guests in 4M
Kuwait crude oil adds $1.13 on Wednesday – KPC
Egypt to participate in G20 summit in Japan – Minister
Cinépolis to open 6 new movie theatres in Saudi Arabia
UNB Egypt’s chairman, vice chairman resign
Egypt’s export support programme comes into effect in July
Egypt’s Swvl raises $42m funding to expand business
Mahara’s FY18 profit hits SAR 221m
UAE banks generate greater profit in Q1 – Report
Banks secure EGP 140bn finance to SMEs end-March – CBE
Al Etihad Cooperative to raise capital to SAR 400m
Yanbu Cement to pay H2 dividends by end-June
ICON signs EGP 60m deal with Petrojet
Apparel Group’s agreement pushes up Aldar’s stock on Thursday
Egypt, US in talks to support infrastructure projects in Africa
Abu Dhabi banks’ net income totals AED 8bn in Q1
Aldar Properties inks lease for 100,000 sqm retail space
CBE issues EGP 18bn T-bills Thursday
Gulf Air inks agreement to sponsor Bahrain Int’l Airshow
Saudi indices start Thursday on mixed note
Egypt’s car tax revenues hike 91% in 10M
Tadawul to lure SAR 5.2bn foreign flows on FTSE 3rd phase inclusion - Report
Egypt buys 290,000 tonnes of imported wheat
National aviation to add $88.1bn to UAE GDP by 2030
Egypt-Belarus bilateral trade hits $108m in 2018
SAMI, ST Engineering pen MoU to explore business opportunities
UAE C.bank maintains interest rate
Saudi Arabia’s trade surplus goes up 3% YoY in 4M
Foreign holdings of Egypt’s debt instruments equal $17bn in May
UAE backs extension of oil output cut agreement – Minister
UAE eyes more cooperation, stronger presence in Africa
Egypt Gov’t approves installment sale of industrial land with 7% interest rate
Bawan’s units close $4.5m merger
Egypt to organise foreign trade conference in July
Metal and Recycling inks $9.5m contract with health ministry
Saudi indices end Wednesday with negative performance
EGX ends Wednesday in red; market cap loses EGP 3.6bn
Saudi Aramco, Malaysian Petronas start naphtha cracker operations at JV refinery
Mercedes in talks to supply BRT vehicles to Egypt
Abu Dhabi trade exchange with GCC up 7.7% in Q1
DAE Capital closes leasing agreement for three Boeing 777 freighters
Boursa Kuwait ends Wednesday in red