Latest news

Date Title
Foreign ownership on Tadawul surges to SAR 178.3bn in week
Prime Holding launches fintech subsidiary with EGP 50m capital
Alexandria Customs collects EGP 3.5bn customs, taxes in July
ADX closes Monday up; market cap gains AED 15.16bn
Saudi fiscal deficit could rise by 2020-end - Jadwa
DFM closes Monday on marginal gains
Nozha International Hospital reports 25% profit drop in H1-20
USAID donates 250 ventilators to Egypt's hospitals
Nasdaq, DGCX ink market technology agreement
Egypt's agriculture ministry inks protocol to develop ICT Infrastructure
Saudi Aramco average crude price falls 66% in Q2
Dubai sees recovery in tourism sector
CBK’s profits shrink 88% in H1-20
Amer Group reveals developments on New Minya land allocation
CBE offers EGP 6.5bnT-bonds on Monday
Egypt's annual headline inflation stands at 4.6% in July
Saudi industrial production index slides 22% in June
Khaleeji Commercial Bank achieves higher profits in H1-20
Emirates Refreshments logs AED 8m accumulated losses
Qassim Cement logs 21% growth in quarterly profits
Union Properties partners with Emirates NBD for debt restructuring
Southern Province Cement’s profits up 48% in Q2
Egypt buys 64,500 tonnes of local vegetable oils
Egypt launches first platform for closing the gender gap accelerator
CBE sells more T-bills than target; yield rises to 6M high
Tadawul welcomes five members to derivatives market
Dubai Tourism partners with Microsoft for cloud solutions
Tadawul ends Sunday's session in green for sixth day
EGX gains EGP 5.3bn in market cap at Sunday's close
Saudi Cable reschedules more than SAR 180m facility
Egypt invests EGP 470m in upgrading Qalyubia's electricity network
Oman & Emirates Investment Holding logs OMR 2m in H1-20
Arriyadh Development ranks 1st amongst Tadawul-listed real estate developers
UAE attracts 1,047 trademarks in July
Egypt explores activating EUR 1.13bn deal with EIB
UAE registers 225 new COVID-19 cases
Elm signs agreement to acquire Tabadul’s entire shares from PIF
Boursa Kuwait ends Sunday in gains
ADX closes Sunday in red
DFM loses 14 pts on Sunday
Hassan Allam ups stake in SODIC
Saudi Re signs exclusive reinsurer deal with Malath
Kuwait’s foreign reserves up 21% in June
CBUAE announces more measures in economic support scheme
EMPC's board approves acquisition of stakes in Arabian Hospitality Co.
Saudi Aramco sees biggest single day crude production in April
Egytrans reports 60% profit decline in H1-20 initial results
Dar Al Takaful appoints new CEO after acquiring Noor Takaful
EMPC’s profit rises 7% in H1-20 unaudited financials
Elsewedy Electric's unit inks $38.6m deal to build substation in Congo
Tihama’s rights issue 86.78% subscribed
Union Properties to launch 'Motor City' project in 2021
Egypt pays EGP 347m to regular workers hit by COVID-19
National Building to set up three new firms in Riyadh
Emaar Misr posts 6-fold profit jump in H1-20
Abu Dhabi Ship Building transfers 106m shares to Edge
CBE offers EGP 19bn T-bills on Sunday
Saudi Aramco’s profits down 73% in Q2; dividends approved
TAQA appoints new CEO for unit
Al Khaleej Training inks MoU with Alkhabeer Capital to acquire firms
UAE's economy to recover by 4.1% in 2021 - Fitch Solutions
SARCO posts 30% lower profits in Q2-20
Saudi Arabia starts phase three clinical trial of COVID-19 vaccine
RAK Properties's net profits record AED 27m in H1-20
Egypt, Greece ink maritime demarcation agreement
Walaa Insurance ink SAR 9.5m deal with Advanced Petrochemical
City Cement posts 12.2% growth in Q2 profits
ANB registers 46% lower profits in Q2
United Arab Stevedoring’s loss rises 12% in FY19/20 initial results
Saudi Arabia registers 1,402 COVID-19 cases
EGX ends Thursday in green on local, Arab purchases
TASI keeps upward performance for fifth session in row
Egypt's gold reserves jump $1.2bn in 7M
Egypt’s outlook remains stable amid COVID-19 – JP Morgan
Saudi Aramco sets crude selling prices for September
Aljazira Capital raises Al Rajhi Bank’s TP to SAR 57.80/shr
Boursa Kuwait closes Thursday on mixed note
M&A Brief of the Week
ADX gains AED 5.4bn on Thursday
DFM closes Thursday up; market cap records AED 298bn
Egypt’s net foreign reserves grow to $38.3bn in July
Egypt’s Suez Canal generates $27.2bn revenue in 5 yrs
Sukuk issuance to decrease 5% in 2020 - Moody's
Porto Group provides guarantee for loan to Porto October
Etihad Airways logs $758m losses in H1-20
Alexandria Customs issues clearance for EGP 3.9bn cars, spare parts in July
SABIC turns to losses in H1-20
Orascom Development Egypt sells land in El-Gouna for EGP 105m
CBE offers EGP 20.5bn T-bills on Thursday
RAKBANK's net profits decline by 45% in H1-20
Al Rajhi REIT Fund to distribute SAR 0.28/unit
UAE to develop satellite assembly, test centre with Airbus
Saudi Steel Pipe widens losses in Q2
ADNIC witnesses 60% higher net profits in H1-20
Egypt to allocate additional EGP 1bn to veal project
Alexandria Portland Cement submits voluntary delisting request
EGX gains EGP 3.7bn in market cap at Wednesday's close
Samba profits grow 2% in Q2
Egypt launches tender to buy 5K tonnes of vegetable oils
TASI adds 11.05 pts at Wednesday’s close