Latest news

Date Title
UAE elected as new vice chairman in China’s BRITACOM forum
Eight banks approach CBE to get QR Code licences
TASI in green; Nomu loses 100 pts at Sunday’s close
Elsaeed Contracting’s OGM approves EGP 69.3m capital hike
Boursa Kuwait Securities names Al Humaidhi as new chairman
El-Attal Holding seeks gov’t partnership to expand outside Cairo
UAE welcomes over 2,000 millionaires in 2018 – Report
Jarir Marketing’s Q1 profit rises on top-line growth – NCB Capital
China’s Huawei to trial 5G network in Egypt next June
Musanada completes ‘Z35 Project’ road, infrastructure works
NBK eyes bigger market share in Egypt – CEO
Smart Dubai completes 1st phase of UAEPASS Initiative
Amer Group, Porto Group unveil projects’ progress after split-up
Alinma Bank tops Q1 profit estimates on lower provisions – NCB Capital
TMG Holding seeks to amend five-star hotel deal with Egoth
ADX ends Sunday in green
Boursa Kuwait ends Sunday with mixed performance
Budget Saudi to pay SAR 1.5/shr dividends for 2018
National Hotels Q1 profit soars 161.5%
Emaar props up DFM at Sunday’s close
ADGM Courts launch new mediation service
Kuwait’s bank deposits grow 2.3% YoY in February – C.bank
Saudi Aramco to acquire Shell’s 50% stake in SASREF for $631m
Bahrain’s inflation grows 1.2% in March – IGA
UAE C.bank to reissue “Year of Zayed” coins on Monday
Mezzan to distribute 16 fils/shr dividend for FY18
Julphar names new chairman, vice chairman
Abdullah AlOthaim Markets nods to SAR 3/shr dividends for 2018
Dubai consumer confidence index hits highest since 2017
Alinma Bank’s profit hikes 22% in Q1
Duqm Refinery awards GBP 39.2m contracts to Douglas OHI
Egypt maintains tariff on raw leather exports for 12M
ADNOC unit exports first-ever UAE calcined coke shipment
Gov’t partners with VMware to help young Egyptians secure ICT jobs
Sharjah FDI offers investment opportunities for Chinese investors
Jarir Marketing’s profit rises 7% in Q1
Samcrete Misr EGM nods to EGP 85m capital hike
Egypt’s housing ministry to build EGP 500bn projects
Over 20,000 units likely to enter Dubai market in 2019
SABIC’s stock sees SAR 50m private deal Sunday
Alkhabeer Capital posts SAR 188m operating income in 2018
Kuwait to log KWD 20bn revenues in FY18/19 budget
Gulf Cement to pay 5% dividends for FY18
El Sherouk City Authority builds 4 schools
SAIC’s profit edges down in Q1
SABB to sell SAR 36m equity in HSBC Saudi Arabia
Private sector to take majority of Boursa Kuwait’s new board
RAK Properties awards AED 500m contract for Al Ali Construction
CBE issues EGP 17.2bn in T-bills Sunday
Eltizam Asset Management earmarks AED 200m for M&A deals
Mobily turns profitable in Q1
Boursa Kuwait opens Sunday on mixed note
UPP’s shareholders approve 10% share buyback
Burgan Bank to issue $500m bonds
10 factors to attract foreign investors to GCC stocks
UAE’s ADAB Solutions launches 1st Islamic crypto-currency exchange
Property sales in Kuwait rise 16% in February
Al Arabiya Real Estate’s shareholders consent to underwrite $32.3m loss
Kahromika inks cooperation pact with Indian energy conglomerate
UAE health ministry opens $30m medicine plant in Dubai
Oman’s SalamAir adds Riyadh, Medina to its destinations
Agriculture contributes 6.3% to Egypt’s economic growth in 3M
Egypt targets EGP 6.3trln GDP in FY19/20
Abu Dhabi transport department reveals AED 8bn projects at Cityscape
ADX goes up 240 pts in week on banks
DFM rises 24 pts in week, hits 5M high
Saudi Arabia cuts oil output in February
QSE index adds 90 pts in week
Bahrain Bourse’s index adds 8 pts in week
TASI levels up 108.6 pts in week, market cap gains SAR 21.36bn
Banque du Caire secures EGP 200m from MSMEDA
Affordable housing market remains solid in Riyadh, Jeddah
Banque Du Caire receives $42m transfers, eyes $400m offering
CIB Egypt inaugurates rep office in Addis Ababa.
Al Rajhi Capital sets Bupa Arabia TP at SAR 93 per share
Egypt’s military production authority, EGAS ink cooperation deal
EGX30 closes near stability on Thursday; EGX70, EGX100 shed
Saudi Arabia sees launch of first Iraqi bank in Riyadh
Dubai Investments plans to set up AED 2bn real estate fund
Banque Du Caire eyes issuing 650,000 cards in 2019 – Fayed
Bahrainisation in kingdom’s airport may surpass 90% by 2021 – Minister
Wethaq Insurance receives $6.48m from real estate fund
Sisi earmarks land plot to build Ras Sedr airport
Aqar Real Estate Q1 profits rise 24% YoY
Banque Du Caire to list 20-30% stake on local, int’l bourses in 2019 – Chairman
TASI sheds 41 pts; Nomu rises at Thursday’s close
AUB posts over 10% profit hike in Q1
EgyptAir receives 2nd Boeing Dreamliner B787-9
Moody's upgrades STC's credit rating to ‘A1’; outlook ‘Stable’
Lafarge’s unit opens EGP 200m waste management factory in Ain Sokhna
British Intu to sell 50% shopping centre stake to Kuwait-backed fund
Egypt to buy 6 passenger trains by end-April
UAE tops regional online hiring growth in Q1-19
Kuwait’s MoF sells KWD 6.7m assets
Uber, Mobily launches 1st of kind “Mobily Mashawir” service
Boursa Kuwait mixed in week; market cap gains KWD 490m
DFM near stable at Thursday’s close
Real Estate Egyptian Consortium sells 2 assets for EGP 45m
Investcorp expands in Europe via new property asset in Germany
Gulf Hotels’ profit drops 21% in Q1