Latest news

Date Title
FAB plans to restart talks to buy Bank Audi's unit in Egypt
EIB inks EUR 800m deal with NBE to finance SMEs
Egypt's current cooperation portfolio with Japan amounts to $2bn
ADFD invests $15m to raise solar plant capacity in Cuba
Egypt Kuwait Holding ups stake in Delta Insurance
Pioneers Holding’s profit drops 27% in H1-20
Emirates Steel inks trade credit insurance package with ECI
Domty inks MoU with world's fourth largest dairy manufacturer
CBE offers EGP 19bn T-bills on Sunday
Emirates to resume flights to two Nigerian cities
Saudi Aramco cuts October Arab light crude price to Asia
Dana Gas' Egyptian assets still under review
Leejam Sports opens new women's fitness centre in Dubai
GNH's vessel sinks en route New Zealand to China
Zahrat Al Waha extends SAR 63m loan with Alinma Bank
Egypt allocates EGP 18bn to water, wastewater projects in FY19/20
Egypt buys 47.5k tonnes of soybean oil from local companies
El-Sisi transfers ownership of several assets to sovereign fund
Egypt’s agricultural exports exceed 4m tonnes YTD
Dubai completes $2bn Sukuk, bonds issuance
TASI adds 31.65 pts on Thursday; turnover tops SAR 12bn
Egyptian Resorts Co’s chairman resigns
UAE's Hope probe completes commissioning phase
Egypt’s sovereign fund sets up four new sub-funds
Minister: 50 countries worldwide trying to enter Saudi market
Emaar Malls names new CEO
El-Sisi allocates land in Matrouh for wastewater project
Mohandes Insurance’s profit edges up in FY19/20 initial results
ACWA Power completes financing agreements for MBR Solar Park
Saudi banks’ investments in gov’t bonds jump 21% in July
ADX maintains upward performance on Thursday
Saudi issues 506 new foreign investment licences in H1
UAE registers 614 new COVID-19 cases
DFM ends Thursday up; market cap gains AED 1.56bn
UAE non-oil private sector retreats for first time in three months - IHS Markit
Egypt’s sovereign fund creates EGP 30bn financial services sub-fund
LG Electronics to inject $50m investments in Egypt
DP World, Canada's CDPQ expand ports platform to $8.2bn
Egypt’s PMI down in August; business activity rises for second month in row
National Marine's board approves merger with NPCC
SABIC begins marketing $1bn dual-tranche bonds
Shareholders in SABB complete bookbuilding process to sell 31m shares
Salama's board recommends 3% dividends for H1-20
GUPCO's daily average oil output rises to 61k barrels in FY19/20
Gulf Navigation appoints new chairman
Russia resumes flights to Egypt, UAE, Maldives
Abu Dhabi completes $5bn multi-tranche bond issuance
CBE offers EGP 20.5bn T-bills on Thursday
Saudi non-oil private sector deteriorates in August – PMI
M&A Brief of the Week
El Kahera Housing logs EGP 106m profit in H1-20
Dana Gas in talks with US firm to sell Egyptian assets
MIS signs SAR 50m deal with corporate entity
Emrill wins Aramex's five-year facilities management contract
Tadawul allows Thimar to trade shares OTC
Salaries of SME employees in Saudi cross SAR 10bn in Q2
Egypt’s foreign reserves sufficient to cover liabilities for three years – Moody’s
EGX ends Wednesday mixed; market cap gains EGP 1.1bn
Union Properties appoints BH Mubasher as liquidity provider
TASI rises 1.45% on Wednesday; MT30 Index futures up 1.42%
EGX approves Odin Investments’ capital raise
International Holdings plans for acquisitions at AED 2bn
Your guide to the new Saudi derivatives market - Infographic
Morocco’s Wafa Assurance obtains licence to operate in Egypt
Khaleeji Commercial Bank to transfer shares to Bahrain Bourse
Saudi Export Authority to support Yemeni economy
Sungrow partners with Shanghai Electric to offer 1500V turnkey inverter in Dubai
SWCC produces 8.5 cubic metres/day of desalinated water from Amlaj Plant
UAE reports 735 new COVID-19 cases
Saudi permits flights from all countries to use its airspace to reach UAE
ADX closes Wednesday up; market cap reaches AED 680.48bn
DFM gains AED 1.08bn on Wednesday
ABK Egypt logs EGP 354m profit in H1-20
UAE economy expected to contract by 6% in 2020
Egypt inks EGP 295m deal to build new substation in Alexandria
Saudi Arabia jumps two notches on 2020 global innovation index
Fitch affirms NBK’s ratings with stable outlook
Emir of Medina launches new water projects
Jafza, Emaar Malls to regulate activities at Gold & Diamond Park
Indonesian investments in Egypt hit $111.6m – Minister
Ain Sokhna port’s second basin to be operational within next months
Dubai starts sale in public debt markets for first time in six years
Elsewedy Electric’s unit inks EGP 355.5m substation contract
Khalda Petroleum's output averages at 145,500 bpd in FY19/20
Saudi White Cement begins trading on Saudi parallel market today
DFM announces AED 5.5m direct deals on Al Ramz's shares
IMF sees Egypt's GDP growth at 6.4% in FY21/22
Dubai witnesses 11% higher business licenses in August
SABIC hires banks for 10-year dollar, 30-year Formosa bonds
FAB to open discussions with Israel's leading financial institutions
Saudi ownership on Tadawul soars SAR 580.6bn in August
ADNOC attracts AED 10bn foreign investments to UAE
Tadawul foreign investors’ purchases net SAR 3.1bn in August
Maharah approves SAR 84m dividends for H1
Americana Egypt submits voluntary delisting request
GB Auto partners with China's Higer to assemble buses in Egypt
EGX ends Tuesday down on foreign selloffs
Riyad REIT invests SAR 45m in US office building
Carrefour to invest EGP 200m in Egypt
TASI down 0.53% on Tuesday; MT30 Index futures up 0.28%