Latest news

Date Title
CBUAE's foreign assets hit AED 377.2bn in June 2020
CBE offers EGP 18bn T-bills on Sunday
Northern Cement's board proposes 2.5% dividends distribution for H1-20
Goldman Sachs joins Tadawul as derivatives exchange member
Alinma Saudi Government Sukuk ETF to distribute dividends
CBUAE's gold bullion balance exceeds AED 6.58bn for first time
Waha Capital launches income generating Islamic fund
DEWA Digital partners with G42 to foster AI innovations in UAE
EGX gains EGP 1.7bn at Thursday's close
Yahsat invests AED 2bn to build Thuraya 4-NGS
TASI ends Thursday's session down; turnover at SAR 9.28bn
Nile Cotton Ginning’s profit surges seven-fold in FY19/20
Investors awaiting launch of Saudi derivatives market next week
Expo 2020 Dubai partners with Gates Foundation to support innovators
CIRA reveals impact of 25% bus fee refund on financial results
UAE records 491 new COVID-19 cases
Sidpec moves to loss in H1-20 unaudited results
Saudi foreign minister arrives in Iraq
Egypt secures $500m funds, grants to combat COVID-19
ADX resumes positive performance on Thursday
NWC builds two water tanks in Rimah for SAR 27m
Arab Dairy’s profit sinks 75% in H1-20
DFM ends Thursday down; market cap loses AED 2.29bn
Saudi oil revenue slides 42% in H1-20
M&A Brief of the Week
MNHD inks EGP 1.1bn syndicated loan deal with CIB
HDB’s consolidated profit down 5% in H1-20 initial results
Hub71 partners with Silicon Valley-based TechWadi to attract US startups
Egypt, Mercosur to see 600 goods exempt from duties starting September
Misr Hotels sees profit halve in FY19/20; dividends proposed
NBE, Pharmaoverseas ink protocol to support healthcare projects
ENBD REIT's NAV declines to $215m in Q1
UAE's fuel prices to remain unchanged in September
EFG Hermes, GB Auto acquire majority stake in Tokio Marine Egypt
ACIG shareholders approve 29.5% capital reduction
CBE offers EGP 19.5bn T-bills on Thursday
Buruj CEO, financial manager suspended
Dar Al Takaful's OGM approves AED 5m dividends
SEC secures SAR 9bn Murabaha loan from local lenders
China's medical supply exports to UAE surge 357% in Q2-20
Saudi Arabian Amiantit to cut 30.2% of statutory reserves
UAE sees lower inflation rate in July
SAMA renews Al Ahlia Insurance licence
Salama Cooperative Insurance swings to SAR 29m quarterly profit
Egypt extends rent exemption for coffee shops at tourist attractions
Nile Cotton Ginning’s profit leaps 703% in FY19/20 initial results
TASI ends Wednesday's session higher
Emirates adds Conakry and Dakar to its African network
EGX ends Wednesday mixed
Riyad Capital to pay SAR 34m REIT dividend for H1
UAE announces 399 COVID-19 cases
Coronavirus pushes Saudi transport sector to SAR 264.7m quarterly loss
Egypt’s cabinet initially approves VAT incentive scheme
Bank of Bahrain and Kuwait considers acquiring Ithmaar Bank
SEC implementing projects to save 60m oil barrels per year
DMCC launches e-marketplace for agricultural commodities trading
Egypt's parliament greenlights $743m housing, sanitation funding deals
ADX maintains downward performance on Wednesday
Banque du Caire’s IPO unlikely in 2020 – Chairman
DFM loses 16 pts on Wednesday
Jeddah Islamic Port handles SAR 51bn worth of cargo in 7M
Middle East on track for digital growth - Interview
Egypt’s FRA approves Memphis Pharmaceutical’s EGP 200m capital raise
Port Said Customs collects EGP 2.2bn dues in July
Alexandria Pharmaceuticals proposes EGP 57.5m dividends for FY19/20
Saudi trade surplus down 68% in H1-20
Egypt likely to receive first batch of Spanish trains in March 2021
China-Egypt bilateral trade hits $5.2bn in seven months
Saudi merchandise exports fall 43% in June
EG Bank logs EGP 307m consolidated profit in H1-20 initial results
Nasdaq Dubai signs agreement to attract Chinese listings
SABIC posts highest quarterly losses of Saudi petrochem sector
Orascom Construction's net profits slip to $35m in H1-20
CBE extends bank working hours starting September
Expo 2020 Dubai's construction works to be completed by end of 2020
Tadawul suspends trading on Salama shares
City Cement EGM approves 26% capital cut
Emirates, Etihad request crew to take unpaid leave amid COVID-19
SABB reports SAR 6.87bn quarterly loss
Fine names chief commercial officer for Egypt
Extracted Oils allocates EGP 20m for Moharram Bek factory development
Egypt's PM appoints GAFI's executive director
TASI slips 19.02 pts at Tuesday's close
RTA, DANS ink agreement to regulate autonomous air vehicles project
EGX30 hovers near 11,500 pts at Tuesday's close
Kingdom Holding reports second-quarter loss of SAR 1bn
ADQ's Alpha Wave Incubation supports Indian startup with $5m
Nile Cotton Ginning to double capital to EGP 529.9m
Egypt Aluminum swings to loss in FY19/20 initial financials
ADX closes Tuesday down; market cap loses AED 9.87bn
Egypt receives new batch of Russian railway cars
DFM closes Tuesday higher by 1%
Lift Slab Misr’s board approves EGP 84m capital raise
Saudi Arabia ranks third-biggest oil supplier to China in July
Egypt Free Shops' shareholders approve dividends for FY19/20
ICON’s profit down 55% in H1-20
Jadwa downgrades Saudi GDP forecast in 2020
Amer Group still mulls buying land in New Sohag
Jafza sees 24% higher food, agriculture trade in 2019
Acrow Misr's H1 profit drops 47%