Latest news

Date Title
Abu Dhabi Aviation renews helicopter services contract with ADNOC
Canal Shipping Agencies proposes EGP 232m dividends for FY19/20
TASI wins 79.91 pts at Monday's close
FAB's shareholders to eye transferring First Gulf Bank's banking license to ADQ
Tezos Blockchain granted Shariah certificate
Egypt’s El-Mashat participates in EBRD’s meeting to discuss 2021-2025 strategy
Tadawul foreign investors’ sales net SAR 1.5bn in week
ADCB exits operations from Jersey
Communications, information technology jobs in KSA to be localised
ADX ends Monday down; market cap records AED 672.34bn
DFM keeps negative performance on Monday for third session in row
IHC's unit partners with DAL Group to invest $225m in Sudanese agricultural project
Saudi oil exports total 6.1m b/d in September
Banks, EGX off Thursday on 6th of October Victory Occasion
NBK Egypt announces board reshuffle
Saudi-Bahrain trade back to pre-pandemic levels
UAE records 932 new COVID-19 cases
Egyptian Starch and Glucose hires financial advisor for FV assessment
Emirates NBD launches digital Supply Chain Financing platform
Saudi environment ministry, ADF pen MoU to raise livestock production capacity
MSMEDA, Banque Misr ink EGP 500m deal to finance micro-enterprises
DFM, Nasdaq Dubai ring bell for boosting financial literacy
Sumitomo Electrical Wiring Systems plans EGP 1bn investments in Egypt
Three Saudi brokerage firms account for 44% of traded values in September
CBE eases procedures for opening bank accounts
Emirates expands European network to 31 destinations
Egypt’s non-oil private sector expands for first time in 14 months
IFA transfers Octal to foreign bank against debt
CBE offers EGP 10bn T-bonds on Monday
Saudi private sector output grows for first time in 7M
UAE non-oil private sector sees slight uplift in September
Agility to invest KWD 20m in alternative technologies
Saudi Enaya, Amana Cooperative in early talks for potential merger
KSA expected to achieve SAR 770bn worth of revenue in 2020
EGX ends Sunday mixed; market cap gains EGP 3.9bn
Holding Co for Tourism and Hotels targets EGP 365m profit in FY20/21
TASI extends losses on Sunday for second day
Eshraq Investments receives Sharia compliance status
Dubai sees 8% YoY lower manufacturing industry PPI in Q2-20
Visa partners with Fawry to accelerate e-payments acceptance in Egypt
High Saudi unemployment rate is adventitious effect of coronavirus – Beltone
Insured institutions, citizens exempt from EGP 2.3bn under penalty waiver law
ADX ends Sunday on marginal gains
DFM closes Sunday in red zone
Tokio Marine UAE selects Alpha Data to accelerate digital transformation
Saudi gov’t, KAEC team up to attract qualitative investments
Egypt’s Q1 external debt drops for first time in four years
Saudi education ministry to launch EduTech Digital Summit this week
UAE confirms 1,041 new COVID-19 cases
Egypt allocates EGP 207.5m for water, sanitation services in Assiut, New Valley
APICORP provides $70.5m to fifth phase of Mohammed bin Rashid Solar Park
SODIC awards EGP 1.7bn contracts to develop EDNC
Dawiyat Integrated installs 25K fibre optic cables in some Saudi cities
NBK, KFH ink KWD 1bn credit facility agreement with KPC
Kima announces CO2 compressor failure
Alexandria Customs issues clearance for EGP 4.2bn cars, spare parts in September
BH Mubasher obtains Investment Management license from SCA
Arab Cotton Ginning not to distribute dividends for FY19/20
SAMA to release polymer five-riyal denomination next Monday
Dubai's economy expected to contract 11% in 2020 - S&P
Samcrete Misr to guarantee $12m loan for Al Dau Al Haram
SIEC exits SAR 4m stake in Warehousing and Logistics Services
Sipchem buys 2.5m treasury shares at SAR 39m
Ekttitab Holding sells 99% stake in unit
Shuaa launches three Sharia-compliant funds
SAMA greenlights ACIG SAR 150m capital hike
Almarai Q3 profit soars to SAR 621.5m
First batch of Umrah pilgrims arrives at Grand Mosque today
Egypt’s PM announces 6th of October holiday
EGX executes MTO on Nile Cotton Ginning at EGP 2.48bn
EGX gains EGP 28.7bn in market cap in Q3
Dubai sees 56% higher property sale transactions in Q3-20
TASI inches down 0.05% on Thursday
Mashroak provides EGP 1.8bn loans for youth in Sharqia
Average Dubai crude oil price declines to $41.495 pb in September
CMA greenlights Saudi Amiantit’s capital cut, hike requests
EETC inks EGP 250m deal to build substation in Beheira
Arabtec Holding's shareholders vote for company's dissolution
Fine Hygienic plans $35-40m new investments in Egypt
Saudi bourse rises 15.36% in Q3 after economic activity resumption
Vodafone Egypt names new CEO
Port Said Customs collects EGP 2.37bn dues in August
EBE’s shareholders approve bonus issue
ADX loses 26 pts on Thursday
Moody's to rate Saudi gov’t local riyal debt issuance
DFM closes Thursday down; market cap loses AED 1.21bn
Egypt Aluminum incurs EGP 1.64bn loss in FY19/20
UAE records 1,158 new COVID-19 cases
Saudi banks lower investments in gov’t bonds by SAR 4bn in August
Qalaa Holdings loss balloons 195% in H1
Egypt's trade deficit more than halves in July
Tadawul up 4.51% in September; market cap gains hit SAR 153bn
Al Maather REIT Fund completes SAR 17m purchase agreement
M&A Brief of the Week
Maridive’s loss widens 977% in H1
Wafa Insurance losses down 87% in Q3-19
Ezz Steel incurs EGP 2.77bn loss in H1
Amlak International EGM approves SAR 0.75/shr dividends for 2019
ANB pens SAR 26m insurance deal with Walaa Cooperative
Oracle launches two planned second-generation Cloud regions in Dubai