Latest news

Date Title
Warba Bank's outlook changed to 'Stable' from 'Positive' - Moody's
Dallah Healthcare to acquire 58.64% of Care Shield Holding
Egypt denies news about full curfew during Eid El-Fitr
Metal and Recycling approves KWD 10m loan from Agility Investment
East Delta Mills’ profit slips 22% in 9M
UAE cuts investments in US bonds for third month in 2020
NCB posts SAR 2.83bn in Q1 profits
World Bank approves $50m in emergency funding to Egypt
Egypt explores ways to settle ENR's EGP 250bn debt
Deyaar's net profits decline to AED 2.6m in Q1-20
Moody's changes Kuwait's Gulf Bank outlook to ‘Stable’
CBE offers EGP 19bn T-bills on Sunday
Deyaar incurs AED 1.5bn accumulated losses
AM Best affirms Kuwait Reinsurance credit rating at “A-“
Kuwait opens drive-thru coronavirus test site at airport
Tadawul gains 88 pts in week
CBE maintains interest rates unchanged
Saudi Arabia announces 2,039 new COVID-19 cases
Telecom Egypt enters partnership to build giant subsea cable in Africa
Al Baraka Bank – Egypt’s Q1 profit edges down
Misr Beni Suef Cement's profit doubles in Q1-20
Nine Emirati companies among world’s largest – Report
Abu Dhabi banks see AED 9.6bn income in Q1-20
Kuwait records 947 more coronavirus cases on Thursday
SAFCO to distribute SAR 1/shr for H1-20
Kuwait’s crude oil output jumps to 3.1m b/d in April
Alandalus Property Q1 profit down 40%
Al Sorayai changes name to Naseej International Trading Co.
Sisi approves EUR 226m loan for national railways
Banque Saudi Fransi achieves SAR 801m in Q1 profits
Egypt’s GDP growth seen at 3% in FY20/21 – EBRD
ADX gains AED 1.95bn on Thursday
Boursa Kuwait down in week; turnover shrinks 34%
Tadawul closes Thursday on marginal loss
DFM down on Thursday; market cap loses AED 2.78bn
Abu Dhabi's food trade totals AED 4.66bn in Q1-20
Suez Canal Bank’s profit drops 11% in Q1-20
Suez Canal Bank approves Midor’s FV assessment ahead of exit
Boursa Kuwait mixed at Thursday's close
Delta Insurance’s profit up 37% in 9M unaudited financials
UAE's COVID-19 cases total 21,084
Abu Dhabi's non-oil trade balance surplus exceeds AED 8bn in 2019
Kuwait's CMA decides to delay assembly meetings
Lecico Egypt's losses balloon 164% in Q1-20
UAE improves on WEF's Energy Transition Index 2020
ADIB Egypt’s profit falls 18% in Q1-20 initial results
Kuwait’s crude oil up 45 cents Wednesday – KPC
Egypt allocates additional EGP 6.2bn to health sector
SASCO plans SAR 1/shr in 2019 dividends
Al Kout signs KWD 10m credit facility deal with local bank
Al-Khaleej Training and Education to distribute dividends next week
Abu Dhabi's pharmaceutical trade at AED 800m in Q1-20
CBE offers EGP 21bn T-bills on Thursday
CBE extends EGP 100bn initiative to contracting sector
Soor Fuel awarded KWD 9m selective practice deal by interior ministry
Aslak posts 50% rise in profits during Q1
Dubai Insurance profits decline to AED 22m in Q1-20
Banque Saudi Fransi approves dividends for H2-19
Banque du Caire provides micro-enterprises with EGP 620m funding
Americana Egypt sees EGP 806m block-trading deal
Kuwait reports 751 new COVID-19 cases
Abu Dhabi sees 1.5% higher GDP at fixed prices in 2019
Kuwaiti tourism generates $1.2bn in 2019
Tadawul gains 0.55% at Wednesday’s close
Kahira Pharmaceuticals reports 28% profit rise in 9M
ADX losses 75 pts on Wednesday
Boursa Kuwait ends Wednesday in red on selloff pressures
DFM up on Wednesday; market cap gains AED 3.17bn
UAE banks provide AED 500m to agricultural sector in Q1
Alexandria Portland Cement’s loss narrows 54% in Q1-20
MSCI Egypt Index deletes 2 stocks, adds 2 others
Egypt sets up new company to launch tyre manufacturing plants
Kuwait's crude oil rises 29 cents on Tuesday
Egypt mulls merger of Aqua Paris, El Wadi El Gadid for Containers
Fund increases its stake in Orascom Construction
Credit Agricole Egypt’s unaudited financials show 27% profit drop in Q1-20
Al Ramz Corporation sees 450.5% higher losses in Q1-20
Elsewedy Electric’s profit plunges 53% in Q1-20
Gulf Cement turns to losses in Q1-20
EG Bank’s profit edges up in Q1-20 initial results
Administrators begin selling assets of NMC
Egypt’s COVID-19 cases exceed 10K
Zahrat Al Waha obtains SAR 33.5m SIDF loan
Bank Albilad EGM approves 5m shares buyback
Expenses lower Al Rajhi quarterly profits by 7%
EGX gains EGP 10.8bn in market cap at Tuesday’s close
Egypt buys 2.1m tonnes of local wheat since mid-April
Kuwait detects 991 new COVID-19 cases
Emirates NBD, Mashreq Bank reveal exposure to Phoenix Commodities
ADX gains 0.33% on Tuesday
Tadawul up 80 pts at Tuesday’s close
Boursa Kuwait ends Tuesday mixed
Yansab plans SAR 1.25/shr dividends for H1-20
Egypt’s furniture exports drop 24% in Q1-20
DFM closes Tuesday's session on green
Saudi Aramco adapting to complex COVID-19 crisis – CEO
Kuwaitis spend $12bn on outbound tourism in 2019
UAE confirms 783 new COVID-19 cases
M&A deals in GCC countries decline 51% in Q1 - Markaz
Aramco plans to close SABIC deal in Q2