Latest news

Date Title
Reliance Logistics raises stake in Sinai Cement to 10.44%
Modon, Al Shaya Group ink contracts to launch 2 food plants in Saudi Arabia
Profit-taking drags down DFM on Wednesday
Housing ministry executes EGP 1.8bn water, sewage projects in Beheira
UAE fuel prices to rise in June
Egypt’s MoF provides EGP 4.5bn urgent allocations in April
Kuwait crude oil rises $1.31 on Tuesday – KPC
Awtad board nods to delisting from DFM
Construction industry in Abu Dhabi, Dubai to slow in 2019 – Colliers
Arkan Al Kuwait profits plunge 73% in 6M
King Salman launches ‘Enriching Hajj & Umrah Experience’ programme
S&P upgrades Sharjah Islamic Bank’s rating to A-
KWD stable against USD early Wednesday
UAE’s real GDP likely to grow 2% in 2019 – C.bank
ECA orders Glovo to return to Egypt
Sipchem names Saleh Bahamdan as new CEO
Spinneys to open 2nd store in Ajman
TASI falls 132 pts, Nomu grows slightly at Wednesday’s open
Boursa Kuwait opens Wednesday higher
Egypt’s VAT revenues hit EGP 247.5bn in 9M
Raydan Q1 profit falls 85%
Emaar selects SSH as lead consultant for Creek Beach District
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