Latest news

Date Title
Palm Hills eyes EGP 14bn sales in 2019
Leejam Sports logs SAR 180m profit in 2018
Blue chips push up ADX at Wednesday’s close
Port of Fujairah begins offering cleaner marine fuels
Qatar's trade balance surplus grows 0.8% YoY in January
Kuwait crude oil drops $2.09 on Tuesday – KPC
QSE drops 120 pts at Wednesday’s close
USAID to invest $90m in Egypt’s excellent centres
Saudi oil minister not certain of extending OPEC+ deal
UAE foreign reserves hike 27% in 2018
Boursa Kuwait closes Wednesday higher
Aramco sets March propane prices at $490/tonne
Saudi Almarai issues $500m int'l sukuk
ADNOC, S.Korean SKEC partner to build world's largest crude storage facility
QIIB issues $500m sukuk
Global’s shareholders nod to merger with KAMCO Investment
Egypt’s MoF sets costs on banks’ gov't debt income
SACO nods to distribute SAR 36m dividends for H2-18
Elsewedy Electric’s 2018 profit falls 21% on lower revenues
Huge fire at Egypt’s Railway Station kills 24, injures 50
SACO’s profit levels down 27% in 2018
Edita’s profit rises 38% in 2018 on higher sales
Egypt, S.Korea ink MoU to raise joint investments
Arabian Cement’s profit grows 7% in 2018
Palm Hills generates EGP 906m profit in 2018
TASI drops 21 pts, Nomu near stable early Wednesday
Sarwa Capital’s profit jumps 51% in 2018
Saudi Aramco seeks to be amid world’s biggest natural gas players
Al Tayyar Travel incurs SAR 142m loss in 2018
Kleindienst Group to double Dubai workforce to 1,672
Qatar Cinema’s profit skyrockets 594% in Q4
QSE drops 64 pts at Wednesday’s open
Mashreq Bank to distribute AED 710m dividends for 2018
Saudi Industrial Development’s loss rises 195% in 2018
Aldar Investments names Jassem Saleh Busaibe as new CEO
Aldar Investments pens AED 1.2bn acquisition deal with Etihad Airways
Bahrain’s Batelco launches carrier-neutral digital business platform
Borouge awards 3 contracts for Abu Dhabi’s Ruwais petrochemicals complex
Short selling may have negative impact on EGX – Analysts
Oil end is far from near – Aramco’s CEO
India’s Kerala seeks more visitors from GCC
King Salman International Complex awards shipbuilding deals to Chinese firms
In Pictures...Jumeirah Group opens China's Jumeirah Living Guangzhou
Investcorp hires chairman for investment JV
Standard Chartered to open branch in Saudi Arabia
STC, Ericsson ink 5G network deal in Saudi Arabia
Saudi indices go up at Tuesday’s close
EGX ends Tuesday mixed; market cap sheds EGP 554m
ADNOC inks 3 deals with S.Korean energy companies
Emirati funds eye $1bn stake in Indian asset manager
USD stable against EGP Tuesday
S. Korea’s Hyundai Rotem mulls expansion in Egypt
Saudi Arabia to secure $500m aid package to Yemen
Blue chips boost ADX at Tuesday’s close
ARDIC to inject EGP 1bn into Zizinia Al Mostakbal
Nasdaq Dubai begins futures trading on FTSE Russell Saudi index
Saudi Arabia, UAE race for 5G roll out amid media frenzy
Research firm maintains ‘Overweight’ on HDB
Milaha’s profit grows 10% in 2018; dividends proposed
DFM ends Tuesday in green
SEC unit, Nokia to develop 5G network in Saudi Arabia
Chinese lender mulls backing $20bn Saudi fund
Majid Al Futtaim to revamp City Centre Deira for AED 377m
QSE rises 29 pts at Tuesday’s close
Saudi trade surplus leaps 82% in 2018
Mubadala Petroleum inks production-sharing contract with Thai energy firm
Emirates Steel records AED 7.5bn revenue in FY18
Saudi Aramco to provide crude supplies to Egypt’s refineries for further 6M
Ascott to open 11 hotels in GCC
US McDermott wins 2 Marjan oil field contracts from Saudi Aramco
EFIC FY18 profit slips 25%
Mobily inks cooperation deal with Huawei
Etisalat, Huawei ink deal to launch 5G services in UAE
Prime Holding profit hikes 4% in 12M
Bahrain seen GCC “most cost-effective place” for business - Report
HDB FY18 profit jumps 50%
Saudi Almarai kicks-off US dollar-denominated sukuk Tuesday
Qalaa Holdings to begin ERC’s commercial operation in Q3
Indian, Saudi tourists top Dubai visitors in 2018 – Analysis
Saudi Acwa-led consortium wins 100 MW solar plant in Bahrain
EGX breaks 15,000 pts early Tuesday
Al Yamamah Steel wins SAR 44m deal
Telecom Egypt inks 3 deals with int’l firms to boost cloud, internet services
Masraf Al Rayan’s OGM nods to 20% cash dividends for 2018
TASI drops 53 pts, Nomu stable early Tuesday
UAE bank credit rises 5% in January
Kuwait crude oil drops 52 cents on Monday – KPC
Dallah Healthcare’s profit falls 52% in 2018
Kuwait’s Global FY18 profits rise to KWD 4.6m
FAB to issue $2-4bn bonds in 2019
Ahli Bank’s OGM approves cash dividends, bonus shares for 2018
Woqod FY18 profits soar to QAR 1bn; dividends proposed
Cairo Investment to build EGP 500m faculties at Badr University
Dubai ruler greenlights AED 32bn home scheme for Emiratis
Aslak’s profit plunges 72% in 2018
QSE opens Tuesday in red
Barwa Real Estate Q4 profits surge 73%; dividends proposed
Umm Al Qura Cement posts 84% profit slump in 2018
City Edge launches new project in Egypt’s new capital
Sanad secures $62m facility from FAB