Latest news

Date Title
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
SADAD payments in KSA down 21% in H1
Egypt's gold prices rise to all-time high
Khaleeji Commercial Bank finalises $159m Sukuk issuance
Egypt's tourism revenue losses forecast at 2% of GDP – IMF
Riyadh Travel Fair 2020 delayed for second time
Aramex registers lower profits; higher revenues in H1-20
Boursa Kuwait closes Wednesday in green
ADX maintains downward performance on Wednesday
DFM ends Wednesday up; market cap gains AED 490m
UAE registers 254 new COVID-19 cases
Moody’s maintains Saudi Re's IFSR at A3
MNHD's profit falls 6% in H1-20
Saudi PMI hits five-month high in July
Arab Cotton Ginning approves unit's capital raise
Dubai Aerospace reports lower net profits in H1-20
Alinma Tokio, Saudi Mohamed Yousuf Naghi ink SAR 18m insurance deal
Orascom Investment announces end of talks with Qatari Diar
CBUAE, Arab Monetary Fund ink agreement for settlement services in AED
Arab Cotton Ginning turns to loss in 9M
Albilad Capital to pay SAR 285m dividends for July
Alexandria Pharmaceuticals posts 54% profit hike in FY19/20 initial results
Dubai ranks 5th globally in maritime industry for third year in row
Saudi Re sees 49% lower quarterly profits
Egypt's PMI rises in July as economy reopens
Alinma Bank records 15% lower earnings in Q2
Advanced Petrochemical’s profits down 19% in Q2
UAE PMI sees marginal recovery in July - IHS Markit
Saudi Ground Services swings to SAR 198m quarterly losses
Damac ends joint venture with Oman's Omran
Al Kathiri Holding’s unit inks concrete supply deal with Tamimi Global
Halwani Bros turns to SAR 26m profits in Q2
Dubai Insurance's net profits slid to AED 33m in H1-20
Thoub Al Aseel, NUPCO seal medical supplies deal for SAR 73m
Walaa Cooperative Insurance turns profitable in Q2-20
MNHD's board approves due diligence on Nasr for Civil Works
Alexandria Portland Cement’s indicators show 26% loss increase in H1-20
Etihad Rail, China's CRRC ink agreement for 842 wagons
EGX ends Tuesday in green on local, Arab purchases
DAFZA records 54% higher exports in Q1-20
MNHD records EGP 485m profit in H1-20 initial results
Bahrain Kuwait Insurance’s profits up 11% in H1
UAE sees 65% higher consumer spending in June
Egypt builds transformer substation in New Mansoura City
KSA records 1,342 coronavirus cases on Tuesday
Al Salam's unit sells 51.2% stake in House of Business
Centamin's profits more than triple in H1-20 on higher Sukari output
Saudi consumer debts up 5.3% in Q2
Dubai ranks 11th globally, 1st in MENA in attracting FDI projects
Saudi ADF approves agricultural loans worth over SAR 337m
ADX closes Tuesday's session on marginal losses
North Cairo Mills reports 37% profit decline in FY19/20 initial results
UAE confirms 189 new COVID-19 cases
DFM keeps positive performance for second session in row
FAB issues CNY 3.25bn Formosa bond
B Investments in talks to sell 20% of stake in Total Egypt
Egypt’s food exports grow to $1.8bn in H1-20
Abu Dhabi's non-oil foreign trade records AED 66.5bn in 4M
Kuwaiti investor plans to buy A.S. Roma
Orascom Development Egypt names new CEO
ADNOC's unit, China's Wanhua launch shipping joint venture
Al Ezz Dekheila Steel's loss widens 77% in Q1-20
ADX lists $4 billion notes by Mubadala's unit
Amer Group's profit rises 8.5% in H1-20
Ezz Steel’s loss narrows to EGP 860m in Q1-20 initial results
Saudi inflation rate expected to rise in Q3 - SAMA
Juhayna's profit up 29% in H1-20
Waha Capital lowers net losses in H1-20
Alafco discontinues lawsuit filed against Boeing
NMC Health obtains $250m bank facilities
Mabanee’s profits shrink 94% in H1-20
Al Ramz logs AED 47m net losses in H1-20
Saudi customs relaxes restrictions for GCC trucks
Saudi banks’ investments in gov’t bonds down 4.6% in H1-20
Sharjah public beaches reopen amid COVID-19 precautions
ADX closes Monday’s session in green
DFM ends Monday on marginal gains
Sales of leather products in Egypt up 25% during Eid al-Adha
Average Dubai crude oil price rises to $43.278 pb in July
Arada awards AED 423m contract to build phase 2 of Aljada’s megaproject
Saudi Arabia is most attractive GCC destination for FDI in Q1
Fashion sector represents 42% of Forbes’ Women Behind Middle Eastern Brands 2020 list
Dubai Investments’ profits rise in Q2-20
Khaleeji Commercial Bank issues $159m Sukuk
Modon manufactures crude-stabilisation unit for Khurais field
Kuwait records 463 new coronavirus cases
Kuwait to review ban on flights from Egypt – Minister
Saudi Arabia confirms 1,357 new COVID-19 cases
UAE reports 239 new coronavirus cases
Saudi banks exceed maximum loan-to-deposit ratio in Q2-20
DMCC cuts business set-up fees by 50% for diamond companies
Egypt sees record increase in gov’t investment spending
ADX gains over AED 151bn in market cap in July
Egypt requires top taxpayers to issue e-invoices by mid-November
DFM ends July in red as companies report pandemic-hit earnings