Latest news

Date Title
Arabian Centres begins IPO for retail investors Thursday
RAK Cement’s Q1 profit up 14%
Egypt issues EGP 18bn T-bills Thursday
Boursa Kuwait opens Thursday in red
Savola to launch SAR-denominated sukuk programme
Norway C.bank raises equity in CI Capital for EGP 43m
First Dubai’s profit slumps 84% in Q1
Gov’t approves housing ministry’s EGP 30bn loans, bonds
Dubai’s non-oil private sector improves in April
Alandalus reports SAR 20.3m profit in Q1
Dar Al Arkan’s Q1 profit falls 92%
Commodities, services spending estimated at KWD 3.4bn in FY19/20 budget
Orient Insurance logs AED 166m profit in Q1
SIEC turns to losses in Q1
Nile Cotton Ginning records EGP 3.6m profit in 9M
UAE ranks 5th among top destinations for millionaires
Al Babtin generates SAR 20m profit in Q1
Kuwait implements KWD 156m water, power projects
Dubai welcomes Spectrum of the Seas with 4,000 tourists on board
Wafra Real Estate buys Coca Cola building in US at $907m
Edita Q1 profit hikes 87.8%
Egypt’s external debt hits $96.6bn in FY18 - CBE
Wafrah turns profitable in Q1
Egypt’s gov’t consents to launch of New Aswan Free Zone
Egypt’s inflation rate hits 14% in 9M; unemployment levels down – Minister
Savola Group turns to profit in Q1 on sales
UK court obliges Abraaj’s founder to pay $19.5mln or stay in prison
Bahrain C.bank sells $93.5m T-bills
Capital Intelligence affirms ABC’s credit ratings, outlook stable
Investcorp sells $576.1m cybersecurity unit
Emirati logistics sector attracts major investments – JLL
TASI increases 70 pts, 15 sectors decline
EGX30 index sheds 2.5% on Wednesday; market cap loses EGP 18bln
Egypt’s public investments hit EGP 310bn in 9M
Egypt’s economy grows 5.6% in Q3 – Minister
Schroders Plc cuts stake in TMG Holding to 4.97%
Egypt executes EGP 800bn projects in Sinai, Suez Canal governorates
APM Terminals logs BHD 2m profit in Q1
DMCC to host world’s 1st diamonds tender on DDE
Kuwait Ports logs KWD 48.5m profit in 2018
Egypt's finance ministry excludes some gov’t bodies from e-payment law
Bank ABC records $55m profit in Q1
Noor Financial to distribute KWD 2m dividends for FY18
Hospitality Management Holding expands through new brand ECOS Hotel
APICORP inks $75m Murabaha facility with Alfanar Co
Kuwait's BoP posts KWD 1.1bn surplus in 2018 – C.bank
Sisi greenlights oil exploration in Gulf of Suez
DFM suffers 4th straight loss Wednesday
KIB acts as lead arranger for $80m financing for UAE’s NMC Health
Real estate, telecom stocks weigh on ADX Wednesday
Boursa Kuwait ends Wednesday on mixed note
Tadawul to introduce new ‘Trade at Last’ session on 12 May
Arab Dairy’s 1st phase of rights issue covered by 99.9%
Dubai attracts 1.22m Arab tourists in Q1
United Real Estate’s unit obtains $36.5m loan from Omani lender
Dubai’s Nakheel begins construction of AED8.6m cycling track
S&P affirms Burgan Bank’s credit rating at BBB+
Canadian investor seeks $37m subscription in Maridive’s capital raise
Licensing issue in Dubai rises 60% in April
Startup COFE App partners with Careem for Ramadan Campaign
King Salman appoints Al Mansouri as GACA president
MNHD’s profit rises 6% in Q1
OEIHC posts OMR 1.5m profit in Q1
Tadawul sees 15 private transactions worth SAR 150m
MNHD inks protocol to finance projects in 6th of October city
DSI hires two new board members
Al Bawani wins SAR 58m contract to develop 32 silos
Kuwait’s bank lending grows 5.2% in March
SAFCO resumes operation at ammonia plant
USD stable against EGP at 18 national banks Wednesday
Amlak Finance posts AED 2m profit in Q1
Rakta denies capital raise for financing 4 projects
Saudi Steel Pipe’s OGM approves no dividends for FY18
Coronation Africa Frontiers Fund raises stake in EIPICO to 5.1%
Kuwait C.bank rejects Warba’s request to acquire KMEFIC
Ajman sees AED 1.3bn real estate deals in Q1
Riyadh’s hospitality sector to see 2,500 rooms in 2019 – KPMG
SISCO to pay 4% dividends for FY18
Al Abdullatif reports 54% profit drop in Q1
Boursa Kuwait to begin short selling on listed stocks
Shaker’s loss deepens 33% in Q1
Kuwait’s crude oil prices goes up 90 cents on Tuesday
UAE provides AED 19.2bn financial aid in 12M
Gatehouse Financial manages $3bn assets in US - Chairman
Methanol Chemicals’ Q1 losses slid 97%
ADNOC Distribution hosts 1st Capital Markets Days in London, NY
Abu Dhabi launches AED 535m VC, start-up fund
Saudi Chemical’s unit raises capital to SAR 50m
Saudi Chemical’s Q1 profit slips 30.3%
MEPCO secures SAR 169m loan from NCB
MEPCO’s profit drops 80% YoY in 3M
Takween Advanced’s loss ballons in 3M
CIB unveils new prepaid cards to support Egypt’s financial inclusion
Speed Medical secures loans to finance hospital project
Foreign ownership of Egypt’s T-bills hits $16.8bn in April
Tadawul-listed banks post over SAR 14bn profit in Q1
Ajman Bank denies direct, indirect investments in DSI
TASI, NOMU retreat at Tuesday’s closing
Egypt plans to cut inflation below 10% in FY19/20
Egypt’s government investment spending hikes 54% in 9M