Latest news

Date Title
Egypt invests EGP 3.5bn in rural life improvement initiative
DFM resumes upward performance on Monday
Red Sea Development eyes to build Saudi’s largest marine protected area
Speed Medical allocates 1.25% of revenue to R&D
UAE announces 470 new COVID-19 cases
Zohr gas field produces over 3bn cfpd, attracts $10.4bn investments
Boursa Kuwait shares to begin trading on Premier Market next week
ACWA-led consortium secures financing for $650m Jubail desalination plant
Emirates refunds AED 5bn to customers
Egypt’s non-oil exports hit $14.3bn in seven months
Tadawul foreign investors’ purchases net SAR 7.5bn in week
Eastern Co reveals new price list
UAE's Cambridge Medical owner hires advisory firm for potential sale
CBE offers EGP 6.5bn T-bonds on Monday
Foreign ownership on Tadawul exceeds SAR 193bn in week
Sharjah Cement incurs AED 25m net losses in H1-20
Alkhabeer REIT joins FTSE EPRA Nareit Global Real Estate Index
Drake & Scull appoints new CEO, CFO
Saudi Amiantit’s accumulated losses down to 43.42% of capital
Saudi Arabia announces National Day holiday
EGX loses EGP 5.3bn in market cap at Sunday's close
FRA approves Orascom Investment’s capital change after demerger
TASI down 0.25% on Sunday; turnover at SAR 9.5bn
Elsewedy Electric inks EGP 100m deal to build electricity network in Toshka
Etihad Airways extends salary cuts until end of 2020
stc pay rolls out Saudi’s first virtual payment card for digital wallet
Cleopatra Hospitals sees profit edge up in H1-20
ADX closes Sunday in red zone
APICORP posts $54.8 million net profit in H1
Saudi economy returning to pre-crisis level - Finance Minister
Tourah Portland Cement’s loss shrinks 67% in H1-20
DFM ends Sunday down; market cap loses AED 2.61bn
Suez Cement’s loss almost doubles in H1-20
UAE registers 513 new COVID-19 cases
Egypt’s trade deficit narrows 8.6% in June – CAPMAS
FAB plans to restart talks to buy Bank Audi's unit in Egypt
EIB inks EUR 800m deal with NBE to finance SMEs
Egypt's current cooperation portfolio with Japan amounts to $2bn
ADFD invests $15m to raise solar plant capacity in Cuba
Egypt Kuwait Holding ups stake in Delta Insurance
Pioneers Holding’s profit drops 27% in H1-20
Emirates Steel inks trade credit insurance package with ECI
Domty inks MoU with world's fourth largest dairy manufacturer
CBE offers EGP 19bn T-bills on Sunday
Emirates to resume flights to two Nigerian cities
Saudi Aramco cuts October Arab light crude price to Asia
Dana Gas' Egyptian assets still under review
Leejam Sports opens new women's fitness centre in Dubai
GNH's vessel sinks en route New Zealand to China
Zahrat Al Waha extends SAR 63m loan with Alinma Bank
Egypt allocates EGP 18bn to water, wastewater projects in FY19/20
Egypt buys 47.5k tonnes of soybean oil from local companies
El-Sisi transfers ownership of several assets to sovereign fund
Egypt’s agricultural exports exceed 4m tonnes YTD
Dubai completes $2bn Sukuk, bonds issuance
TASI adds 31.65 pts on Thursday; turnover tops SAR 12bn
Egyptian Resorts Co’s chairman resigns
UAE's Hope probe completes commissioning phase
Egypt’s sovereign fund sets up four new sub-funds
Minister: 50 countries worldwide trying to enter Saudi market
Emaar Malls names new CEO
El-Sisi allocates land in Matrouh for wastewater project
Mohandes Insurance’s profit edges up in FY19/20 initial results
ACWA Power completes financing agreements for MBR Solar Park
Saudi banks’ investments in gov’t bonds jump 21% in July
ADX maintains upward performance on Thursday
Saudi issues 506 new foreign investment licences in H1
UAE registers 614 new COVID-19 cases
DFM ends Thursday up; market cap gains AED 1.56bn
UAE non-oil private sector retreats for first time in three months - IHS Markit
Egypt’s sovereign fund creates EGP 30bn financial services sub-fund
LG Electronics to inject $50m investments in Egypt
DP World, Canada's CDPQ expand ports platform to $8.2bn
Egypt’s PMI down in August; business activity rises for second month in row
National Marine's board approves merger with NPCC
SABIC begins marketing $1bn dual-tranche bonds
Shareholders in SABB complete bookbuilding process to sell 31m shares
Salama's board recommends 3% dividends for H1-20
GUPCO's daily average oil output rises to 61k barrels in FY19/20
Gulf Navigation appoints new chairman
Russia resumes flights to Egypt, UAE, Maldives
Abu Dhabi completes $5bn multi-tranche bond issuance
CBE offers EGP 20.5bn T-bills on Thursday
Saudi non-oil private sector deteriorates in August – PMI
M&A Brief of the Week
El Kahera Housing logs EGP 106m profit in H1-20
Dana Gas in talks with US firm to sell Egyptian assets
MIS signs SAR 50m deal with corporate entity
Emrill wins Aramex's five-year facilities management contract
Tadawul allows Thimar to trade shares OTC
Salaries of SME employees in Saudi cross SAR 10bn in Q2
Egypt’s foreign reserves sufficient to cover liabilities for three years – Moody’s
EGX ends Wednesday mixed; market cap gains EGP 1.1bn
Union Properties appoints BH Mubasher as liquidity provider
TASI rises 1.45% on Wednesday; MT30 Index futures up 1.42%
EGX approves Odin Investments’ capital raise
International Holdings plans for acquisitions at AED 2bn
Your guide to the new Saudi derivatives market - Infographic
Morocco’s Wafa Assurance obtains licence to operate in Egypt
Khaleeji Commercial Bank to transfer shares to Bahrain Bourse