Latest news

Date Title
Mubasher receives financial advisory licence
Edita enters biscuit market with Oniro
ADQ establishes AED 1.1bn venture fund to support startups
Heliopolis Housing sees 9-fold profit increase in 9M
ENBD REIT announces rent relief initiative
Egypt to accept less bids for treasury notes following IMF loan
HDB’s standalone indicators show EGP 615m profit in Q1-20
Jazadco turns profitable in Q1-20
Etisalat appoints new Acting CEO
Kuwait C. bank rejects CBK’s request to distribute treasury stocks
Mubadala collaborates with Honeywell to produce N95 masks
Egyptian banks, bourse to take 5-day Eid holiday
Al Abdullatif Industrial swings to losses in Q1-20
Saudi Airlines Catering’s profits down 85% in Q1-20
SAIB's net profits dip 46.5% in Q1-20
EGX gains EGP 5.8bn in market cap at Tuesday's close
EETC targets EGP 150bn revenue by June 2021
Kuwait reports 1,073 coronavirus cases on Tuesday
ADX resumes upward performance on Tuesday
North Sinai’s electricity transmission network to be upgraded at EGP 4.8bn
DFM gains 11 pts on Tuesday
Boursa Kuwait posts third rise in week on Tuesday
Egypt invests EGP 68bn in upgrading transmission networks since 2015
UAE confirms 873 new COVID-19 cases
ERTRAC reports EGP 41m net profits in 2019 – Minister
Abu Dhabi to offer more US dollar-denominated bonds
Egytrans posts 79% profit drop in Q1-20 initial results
Pioneers Holding uses total capital raise proceeds
Dubai National Insurance reports AED 27m profits in Q1-20
Hadisolb's shareholders approve estimated budget for FY20/21
Kuwait’s crude oil rises to $26.58 a barrel Monday - KPC
Faisal Islamic Bank’s business volume rises 14.5% in April
DXB receives 17.8m passengers in Q1-20
CBE issues EGP 100bn guarantee to boost lending to private sector
Al-Jouf Agricultural shows marginal rise in Q1-20 profits
ABK Egypt's profit grows 22% in Q1-20
Etihad Airways to raise number of special flights worldwide
Saudi businessman Saleh Kamel passes away
Boursa Kuwait announces 3-day Eid Al-Fitr holiday
Al Ahly for Development and Investment’s profit jumps 77% in 2019
FAB halts Bank Audi-Egypt's acquisition process
Dallah Healthcare’s earnings down 45% in Q1-20
Online shopping appointments in Kuwait surpass 1m since launch
EGX ends Monday in red on Arab, foreign selloffs
Saudi Arabia announces 2,593 coronavirus cases on Monday
Egypt announces 5-day Eid holiday for private sector
Dubai's inflation rate declines 3.34% YoY in April 2020
Sipchem turns to losses in Q1-20
Tadawul up 1.41% at Monday’s close
Tadawul approves listing SAR 5.8 gov’t debt
Etihad Airways partners with UK's dnata
Kuwait reports 841 new coronavirus cases, 246 recoveries
Raya Contact Center invests EGP 100m in 5 projects
Gulf Bank sells stake in KFIC
ADX down on Monday; market cap records AED 453.9bn
Boursa Kuwait extends gains on Monday
DFM maintains its upward performance on Monday
Egypt’s strategic food reserves sufficient for 5M
Minapharm Pharmaceuticals sees 19.5% higher profits in 2019
UAE public joint-stock companies record AED 149.8bn profits in 2019
EFIC turns to losses in Q1-20 initial standalone results
CI Capital Holding's profit falls 17% in Q1-20
CMA approves Allied Cooperative Insurance capital cut
Saudi Arabia's wealth fund mulls IPO of information security firm
Oman crude oil price doubles since output cut came into effect
AIB green-lights aiBANK's EGP 800m capital increase
Saudi Cement profits up 11.5% in Q1-20
Alinma Bank’s profits down 42% in Q1
Bitumode approves Sika Egypt's acquisition offer
AM Best affirms ratings of Al Ahleia Insurance; outlook stable
DFM declines speculations about merging UAE financial markets
Rameda’s profit surges 185% in Q1-20 on higher revenue
Talaat Moustafa Group inks settlement deal with Alexandria Governorate
CBE offers EGP 6.5bn T-bonds on Monday
Emirates denies claims over laying off employees
SABB posts 7.6% decline in Q1-20 net profit
SARCO’s losses down 13% in Q1-20
Nile Cotton Ginning's profit skyrockets 933% in 9M
Samba Group posts 20% rise in Q1 profits
Union Properties to discuss using reserve to cut accumulated losses
Kuwait reports 1,048 more coronavirus cases on Sunday
Egypt to close shops, parks during Eid El-Fitr
Saudi Arabia lowers holdings of US T-bonds
Full curfew leaves 50% of Kuwaiti businesses out of economic cycle – Report
Elsaeed Contracting sells office spaces for EGP 140m
Bank Albilad reports 5% lower net profits in Q1-20
Tadawul up 1.6% at Sunday’s close
ADX closes Sunday on marginal losses
DFM gains 2% on Sunday
Egytrans wins 30m contract for Lekela's West Bakr wind farm
UAE's COVID-19 cases rise to 23,358
Ain Sokhna, Port Said collect EGP 3.58bn customs, taxes in April
Boursa Kuwait closes Sunday in green
M&A Brief of the Week
UAE railway network's second stage contracts amount to AED 18bn
GB Auto’s profit jumps 182% in Q1-20
NBK denies legal action against sale of NBK Egypt
Dubai Refreshments sees 27% higher profits in Q1-20
Egypt’s holdings of US Treasuries hit highest level since October 2018
Mastercard, UAE's Hub71 sign MoU to support fintech startups