Latest news

Date Title
Savola Group reports 271% higher Q2 profit
Sulaiman Al Habib’s profits up 14% in Q2
Invest Bank sees 24% lower losses in H1-20
Saudi Chemical quarterly profits soar 30%
Saudi Vitrified Clay renews MoU to buy 75% of Advanced Piping
Arabtec Holding logs AED 794 net loss in H1-20
Al Kathiri Holding swings to losses in Q2
SABB Takaful, Olayan Group ink insurance contract
RiseUp Launches Virtual Event ‘RiseUp from Home’
Al Baraka Bank - Egypt’s profit inches up in H1-20
Maridive’s consolidated loss balloons 651% in Q1-20
Ibnsina Pharma’s H1 profit declines 14% despite higher sales
Al Salam Bank's net profits down 42% in H1-20
Odin Investments partners with Saudi firm to set up equity fund
GB Auto's profit surges 220% in H1-20
Dana Gas logs $19m losses in H1-20
Porto Group moves to loss in H1-20
TASI hits highest level since February on Thursday
HDB’s standalone profit down to EGP 1bn in H1-20
AMOC turns to loss in FY19/20
Takaful Emarat witnesses AED 4m losses in H1-20
Red Sea Development rolls out sustainability stewards initiative
Emaar Development's net profits plunge 25% in H1-20
ADX resumes upward performance on Thursday
Egypt’s El-Mashat shares leadership insights with youth on Linkedin
Al Mazaya turns to losses in H1-20
DFM gains AED 4.05bn on Thursday
Raya Contact Center's profit slumps 68% in H1-20
UAE's COVID-19 cases total 63,489
Zarou aims to invest $1bn in Egypt in 2020
About 30K workers in KSA could join flexible work system
Naeem Holding logs $56m accumulated losses
CI Capital Holding sees EGP 377m block trading deal
Emirates NBD in early talks to acquire Blom Bank Egypt
CI Capital Holding's profit drops 13% in H1-20
State Street expands Middle East footprint with new office in KSA
USAID supports Egypt in achieving UN SDGs - El-Mashat
DAMAC incurs AED 387m losses in H1-20
Tadawul to introduce environmental index with MSCI
M&A Brief of the Week
Deyaar sees lower profits in H1-20
AIH's profit down 28% in H1-20
Watania profits jump 136% in H1-20
Telecom Egypt's profit falls in H1-20
TAQA sees AED 1.93bn net loss in H1-20
CBE offers EGP 19.5bn T-bills on Thursday
AlAhli Takaful quarterly profits up 28%
Aldar Properties sees lower net profits in H1-20
King Salman to vacation at NEOM
ADNOC Distribution's net profits down 22% in H1-20; cash dividends proposed
Saudi Airlines Catering turns to losses in Q2
Saudi Printing swings to profits in Q2
Abo Moati logs 27% lower earnings in Q2
The future of e-payment solutions after COVID-19
Egypt acquires 40% of Russian-African trade – Official
Saudi crude oil output up 11.5% in July
Watania logs AED 47m accumulated losses
TASI up on Wednesday for ninth day in row
ADIB's net profits plunge 52% in H1-20
Saudi gov't launches platform for e-notarization of employment contracts
City Edge, Suez Canal Bank sign mortgage funding protocol
Shuaa achieves higher profitability in H1-20
Emaar Properties sees 35% lower net profits in H1-20
Boursa Kuwait up on Wednesday for fourth day
ADX loses 0.2% on Wednesday
October Pharma's profit soars 711% in H1-20
DFM ends Wednesday up; market cap gains AED 2.26bn
El-Kaliouby named chairman of Arab Cotton Ginning
Banque Misr increases stake in CI Capital
UAE announces 246 new COVID-19 confirmed cases
Canal Shipping reports EGP 328m profit in FY19/20
Egypt to invest EGP 4.7bn in digitising 27 state-run universities
Itqan Capital maintains “Neutral” recommendation on Bank Albilad
Naeem Holding logs $1.7m net losses in H1-20
Lift Slab Misr reports 16-fold profit leap in H1-20
Emerald's profit halves in H1-20 on lower revenue
Ducab reports AED 2.2bn sales in H1-20
SODIC’s profit sinks 80% in H1-20
EBRD provides Banque Misr with $100m to support SMEs
Abu Dhabi's tobacco imports almost zero in 4M
NMC Q2 profit surges 86%
Sadara Chemical’s losses rise 23% in Q2
Julphar logs AED 83m accumulated losses
Maharah's earnings fall 31% in Q2-20
Gulf Navigation incurs AED 463m accumulated losses
Tabuk Cement’s quarterly profits plunge by 94%
SPIMACO turns to profitability in Q2
EGX ends Tuesday mixed; market cap gains EGP 2.1bn
NBK Egypt reports 29% profit drop in H1-20
TASI extends gains on Tuesday for 8th day in row
Misr Cement Qena's profit jumps 330% in H1-20
Samba licensed to open branch in DIFC
Dubai National Insurance achieves higher profits in H1-20
EGX approves Alexandria Portland Cement’s voluntary delisting procedures
US Bechtel chosen as executive project manager for Saudi NEOM
Emirates Investment Bank logs AED 21m losses in H1-20
EIPICO's H1 profit slides 34%
Zain KSA presents 5G coverage to 35 Saudi cities
Emaar Malls' net profits slid 69% in H1-20
Lebanon’s Blom Bank mulls sale of Egypt's subsidiary