Latest news

Date Title
Work commences on SAR 75bn Diriyah Gate megaproject
Egypt, USAD agree on funding projects with $105m
UAE infrastructure ministry sets up AED 295m projects
ADX gains 10 pts on Tuesday
Egypt postpones IPO programme on COVID-19 crisis
DFM down on Tuesday; market cap reaches AED 292.93bn
NCLE’s unit inks building lease contract for SAR 64m
Elsewedy Electric denies signing intelligent transportation contract
UAE fuel prices unchanged fourth month in row
DIB lists $300m Sukuk on Nasdaq Dubai
Egypt secures $9.6bn from ITFC until June 2020
EDMI Limited opens new office in Dubai
Egypt pumps EGP 120m to support health facilities in Sohag, Qena
Real Estate Egyptian Consortium names chairman
Saudi Amiantit submits capital cut request to CMA
Aramex, Mubadala partner for delivering medical supplies
ASCOM’s losses widen 120% in Q1-20
Saudi GDP down 1% in Q1-20
New gold discovery in Egypt with $1bn planned investments
Bupa Arabia renews cooperative insurance deal with SABIC
Saudi German Hospital withholds 2019 dividends
Emirates NBD hires banks for potential US dollar bonds
Walaa Cooperative cancels 2019 dividends
DP World creates global feeder, shortsea networks
Dallah buys SAR 161m stake in Makkah Medical
Egypt implements 281 agricultural projects at EGP 26bn cost in 6 yrs
MESC inks SAR 50m deal with Saudi finance ministry
Watania logs AED 52m accumulated losses
Tadawul marginally down at Monday’s close
Minapharm Pharmaceuticals posts 77% consolidated profit surge in Q1-20
Abo Moati Bookstores’ profits down 19% in FY19/20
Egypt develops road network at EGP 600bn cost – Sisi
Coronavirus cases in KSA surpass 186K on Monday
Agility's shareholders approve dividends, bonus shares distribution
UAE banks offer wholesale sector AED 3.7bn facilities in Q1
Saudi Arabia issues 100K civil documents during lockdown
Boursa Kuwait down on Monday, BK Main 50 adds 0.1%
ADX down on Monday; market cap loses AED 2.95bn
DFM maintains downward performance on Monday
ACWA Power nears $10bn investment target despite COVID-19
EETC inks EGP 170m deal to set up underground cable
Mohandes Insurance's standalone profit up 10% in 9M
Saudi gov’t reserve declines 12% in May
Naeem Holding shares see $20.6m deal
Kamco extends credit facility agreement
Expat remittances in Saudi Arabia up 5% in 5M
Egypt launches digital portal next August
Egypt implements EGP 4.5trn developmental projects in 6 yrs
Batic sets up AlShifa Technology via partnership
Egypt’s trade balance deficit drops 45% in April – CAPMAS
DMCA lifts restrictions on Dubai's maritime activities
Saudi Steel Pipe cancels 2019 dividends
Gov't explores Egypt Aluminum's expansion plans with int'l financial institutions
Saudi foreign reserves down 13% in May
UAE suspends passenger flights from Pakistan
Edita's Moroccan unit borrows $8.2m from Arab Bank
CBE offers EGP 6.75bn T-bonds on Monday
L'azurde stores in Egypt return to normal working hours
CBE, EGX change planned holiday
ADNOC to cut oil nominations in August
Batic, Huawei sign smart cities strategic partnership
CGC's unit wins $2m tender for project in UAE
SASCO inks SAR 250m loan deal with ANB
TAQA turns to losses in Q1-20
Saudi retailers, restaurants now have to accept e-payments
Raya Holding's unit receives payment facilitator licence
Palm Hills posts 45% profit drop in Q1-20
EGX, CBE announce 30 June holiday
Tadawul gains 60.3 pts at Sunday’s close
Sharjah tops growth ecosystems in 2020 GSER report
EGX ends Sunday mixed; market cap loses EGP 525m
GO reports 34% higher losses in FY19/20
Maridive receives acquisition offer for subsidiary
KSA reports 3,989 new coronavirus cases on Sunday
Egypt announces 30 June holiday for private sector
UAE's cars trade records AED 115.2bn in 2019
Al Nahdi Medical inks deals to provide 400m face masks
EFG Hermes selected as advisor on Amer Group’s securitised bonds
Top 100 Arab family businesses include 36 Saudi firms - Forbes
Boursa Kuwait up at Sunday’s close
National International Holding EGM approves KWD 23m capital hike
Suez Cement moves to loss in Q1-20
IsDB lists $1.5bn Sukuk on Nasdaq Dubai
stc cancels 50% of overdue bills
DFM closes Sunday on marginal losses
CBE launches EGP 7bn funding guarantee initiative for large companies
Careem partners with Visa to promote cashless payments
SVC signs investment deal with venture capital fund
Pioneers Holding’s profit down 41% in Q1-20
KSA approves EGP 200m grant to finance 5 new projects in Egypt
Saudi Arabia conducts over 1.5m coronavirus tests
Ajman Free Zone increases procurement support to investors
Palm Hills, Taaleem pen MoU to build private university in Badya
Egypt Free Shops targets EGP 77m profit in FY20/21
Zahrat Al Waha starts installing 2 plastic preforms production lines
Methaq Takaful accumulated losses near 31% of capital
Sidpec swings to loss in Q1-20 on lower sales
Qasatli, EFG Hermes ink EGP 1.8bn securitised bond issuance deal
Al Samaani greenlights capital hike, FY19 dividends
Boursa Kuwait to resume suspended operations