Latest news

Date Title
Naeem Holding logs $56m accumulated losses
CI Capital Holding sees EGP 377m block trading deal
Emirates NBD in early talks to acquire Blom Bank Egypt
CI Capital Holding's profit drops 13% in H1-20
State Street expands Middle East footprint with new office in KSA
USAID supports Egypt in achieving UN SDGs - El-Mashat
DAMAC incurs AED 387m losses in H1-20
Tadawul to introduce environmental index with MSCI
M&A Brief of the Week
Deyaar sees lower profits in H1-20
AIH's profit down 28% in H1-20
Watania profits jump 136% in H1-20
Telecom Egypt's profit falls in H1-20
TAQA sees AED 1.93bn net loss in H1-20
CBE offers EGP 19.5bn T-bills on Thursday
AlAhli Takaful quarterly profits up 28%
Aldar Properties sees lower net profits in H1-20
King Salman to vacation at NEOM
ADNOC Distribution's net profits down 22% in H1-20; cash dividends proposed
Saudi Airlines Catering turns to losses in Q2
Saudi Printing swings to profits in Q2
Abo Moati logs 27% lower earnings in Q2
The future of e-payment solutions after COVID-19
Egypt acquires 40% of Russian-African trade – Official
Saudi crude oil output up 11.5% in July
Watania logs AED 47m accumulated losses
TASI up on Wednesday for ninth day in row
ADIB's net profits plunge 52% in H1-20
Saudi gov't launches platform for e-notarization of employment contracts
City Edge, Suez Canal Bank sign mortgage funding protocol
Shuaa achieves higher profitability in H1-20
Emaar Properties sees 35% lower net profits in H1-20
Boursa Kuwait up on Wednesday for fourth day
ADX loses 0.2% on Wednesday
October Pharma's profit soars 711% in H1-20
DFM ends Wednesday up; market cap gains AED 2.26bn
El-Kaliouby named chairman of Arab Cotton Ginning
Banque Misr increases stake in CI Capital
UAE announces 246 new COVID-19 confirmed cases
Canal Shipping reports EGP 328m profit in FY19/20
Egypt to invest EGP 4.7bn in digitising 27 state-run universities
Itqan Capital maintains “Neutral” recommendation on Bank Albilad
Naeem Holding logs $1.7m net losses in H1-20
Lift Slab Misr reports 16-fold profit leap in H1-20
Emerald's profit halves in H1-20 on lower revenue
Ducab reports AED 2.2bn sales in H1-20
SODIC’s profit sinks 80% in H1-20
EBRD provides Banque Misr with $100m to support SMEs
Abu Dhabi's tobacco imports almost zero in 4M
NMC Q2 profit surges 86%
Sadara Chemical’s losses rise 23% in Q2
Julphar logs AED 83m accumulated losses
Maharah's earnings fall 31% in Q2-20
Gulf Navigation incurs AED 463m accumulated losses
Tabuk Cement’s quarterly profits plunge by 94%
SPIMACO turns to profitability in Q2
EGX ends Tuesday mixed; market cap gains EGP 2.1bn
NBK Egypt reports 29% profit drop in H1-20
TASI extends gains on Tuesday for 8th day in row
Misr Cement Qena's profit jumps 330% in H1-20
Samba licensed to open branch in DIFC
Dubai National Insurance achieves higher profits in H1-20
EGX approves Alexandria Portland Cement’s voluntary delisting procedures
US Bechtel chosen as executive project manager for Saudi NEOM
Emirates Investment Bank logs AED 21m losses in H1-20
EIPICO's H1 profit slides 34%
Zain KSA presents 5G coverage to 35 Saudi cities
Emaar Malls' net profits slid 69% in H1-20
Lebanon’s Blom Bank mulls sale of Egypt's subsidiary
Saudi ports signal 4% growth in transshipment in H1-20
ADX ends Tuesday in green zone
Egypt starts manufacturing COVID-19 drug Favipiravir
DFM maintains upward performance on Tuesday
Obour Land's profit up 10% in H1-20
UAE records 262 COVID-19 cases, 195 recoveries
AlJazira Capital revises TP of Eastern Province
Dubai economy returns to growth for first time in five months
Egypt to extend natural gas line to East Port Said's industrial zone
Egypt Gas moves to losses in H1-20
Americana Egypt’s board approves voluntary delisting
Dubai launches AED 300m medical centre
Domty's profit inches down in H1-20
IMF sees Egypt's GDP growth at 6.5% in FY21/22
RAK Ceramics profits declines to AED 14m in H1-20
SVC signs investment deal with technology investment fund
Amanat's net profits dip 98% in H1-20
EGX announces list of securities eligible for short selling
Egypt’s annual core inflation falls to 0.7% in July – CBE
Salama's net profits increase to AED 47m in H1-20
Arabian Shield sees 69% higher profits in Q2
Arkan profits down to AED 2m in H1-20
Al Rajhi for Cooperative Insurance Q2 profits jump 87%
SAMA greenlights Al Ahlia Insurance, Gulf Union merger
Air Arabia turns to losses in H1-20
Jarir Marketing’s quarterly earnings rise 23%; dividends proposed
Egypt to announce commodities exchange management co by end-August
Tadawul closes Monday on marginal rise
EGX gains EGP 2.1bn in market cap at Monday's close
Herfy Food turns to losses in Q2
ADNOC sets Murban crude at premium of $0.85 per barrel