Latest news

Date Title
Upper Egypt Mills reports 17% standalone profit drop in FY19/20
Saudi imports of livestock, animal products total SAR 7.8bn in 5M
ADX gains AED 930m on Monday
Boursa Kuwait closes Monday in gains
DFM ends Monday up; market cap reaches AED 294.13bn
Egypt builds El-Fardous axis phase I with EGP 1.2bn
DP World acquires 60% stake in South Korea's UNICO Logistics
Foreign ownership on Tadawul soars SAR 306.6m in week
Orascom Investment Holding's board proposes demerger
UAE attracts AED 121.6bn FDIs in 2017-2019
Zahraa Maadi's profit grows 18% in H1-20 initial results
AlJazira Capital keeps TP of stc at SAR 97.4/shr
Egypt reveals details of consumer spending initiative
ADNOC announces new Chinese partner in offshore concessions
Flexxpay receives Sharia certification
Egypt's manufacturing index down 7.5% in May
WFP to launch EUR 15m programme to support Upper Egypt families
Saudi Arabia raises SAR 1bn ECA financing
DP World's container volumes drop 8.8% in Q2-20
CBE offers EGP 24bn T-bills, bonds on Monday
Dar Al Takaful completes two acquisitions
SADAFCO inks MoU for majority stake in Horizon Food Factory
Mubadala invests $150m in US-based Enviva
Najran Cement turns to profitability in Q2-20
SIIG registers SAR 55m losses in Q2-20
CBI's net profits slide 66% in H1-20
Petrochem turns to losses in Q2-20
Beltone's unit seeks consumer finance licence
TASI levels up 0.10% at Sunday’s close
Egypt aims to produce 2.5m tonnes of sugar in FY20/21
Arabian Cement’s profits down 79% in Q2; dividends proposed
DFM discloses Eid Al Adha holiday
Banque Saudi Fransi’s profits slide 46% in Q2
Golden Pyramids Plaza's standalone profit down 35% in Q1-20
Agility comments on listing unit on DFM
Hail Cement turns to profits in Q2
Saudi oil revenues down 40% in 5M
UAE records 351 COVID-19 cases, 554 recoveries
Fawry's board proposes capital raise
CBD's net profits decline to AED 530m in H1-20
Abu Qir Fertilizers profit falls 15% in FY19/20 initial results
Dubai court freezes NMC founder's assets
ADX closes Sunday up; market cap rises AED 13.55bn
Boursa Kuwait closes Sunday in red
DFM closes Sunday on marginal gains
Minapharm Pharmaceuticals sees EGP 104m block trading deal
Egypt’s non-oil imports down 5% in June
Alexandria Pharmaceuticals plans to invest EGP 200m in 2020, 2021
Reportage to complete three projects in Abu Dhabi in 2021
DIFC signs FinTech agreement with China's Fintech Dreamworks
FRA inks deal to develop Egypt’s 1st actuarial life table
Saudi Arabia tops china’s oil suppliers in June
East Delta Mills reports 18% profit drop in FY19/20 initial results
TAQA-led consortium awarded world's largest solar power plant
M&A Brief of the Week
EGX approves MM Group's EGP 96m capital raise
CBE offers EGP 24bn T-bills, bonds on Sunday
Yamama Cement’s profits down 10% in Q2
Abu Dhabi Aviation sees 66% lower net profits in H1-20
SADAFCO Q1 profits increase by 22%
Dana Gas appoints financial adviser for Nile Delta Sukuk
SACO’s profits rise 53% in Q2-20; dividends approved
Tabreed achieves 13% higher net profits in H1-20
Zahrat Al Waha Q2-20 profits contract 35%
Bank Albilad achieves 4% profit growth in Q2
Tadawul closes Thursday on marginal decline
Riyadh Bank’s Q2-20 profits down 29%
Budget Saudi posts 48% profit plunge in Q2; approves H1 dividends
King Salman undergoes successful surgery
Gold prices register new record high in Egypt
ADX closes Thursday with marginal losses
Boursa Kuwait closes Thursday on mixed note
Kuwaiti oil gains $0.23 on Wednesday
DFM ends Thursday down; market cap loses AED 1.28bn
Kuwaiti Amir travels to US for treatment
Emirates to cover COVID-19 medical costs for passengers
UAE registers 254 new COVID-19 cases
Saudi Arabia reopens land borders with Bahrain, UAE
Madbouly follows up on natural gas vehicles conversion strategy
Mawani, SALIC construct region's largest grain terminal in KSA
Emaar cancels employees' job titles
Saudi Arabia could expand privatisation amid COVID-19
Saudi merchandise exports plunge 58% in May
FAB becomes Etihad's payment processing partner
Saudi real estate price index up 0.7% in Q2
Saudi Ceramic turns profitable in Q2; raises stake in unit
DIFC witnesses region's first digital security capital raise
SABB offers SAR 5bn local Sukuk
Abu Dhabi's real estate selling prices fall in Q2-20
Yanbu Cement logs 7% lower profits in Q2; approves dividends
Amana Cooperative trims accumulated losses to 35% of capital
Egypt’s cabinet approves $500m social housing finance deal
Suez Canal transfers EGP 57m to state treasury in 11M
Tadawul extends gains on Wednesday for second day
Egypt to launch consumption stimulation initiative on Sunday
Arriyadh Development’s profits up 9% in Q2-20
EETC inks EGP 424m deal to install underground cable
SIB's net profits dip to AED 251m in H1-20
stc records 4% lower earnings in Q2; approves dividends
Egypt grants MSMEs tax, customs incentives