Latest news

Date Title
EIPICO starts manufacturing COVID-19 drug Epifluver
Talaat Moustafa Group's profit falls 13% in H1-20 unaudited results
Delta Sugar's profit slumps 75% in H1-20 initial results
Amana Cooperative to offer medical insurance for Sidr Group
Egypt’s current account deficit shrinks 39% in Q3-FY19/20
KSA redeems SAR 34.26bn outstanding bonds
Fitch keeps Egypt’s long-term FX IDR at ‘B+’; outlook stable
Salama to increase foreign ownership limit to 49%
Zoujaj Q2-20 losses surge 621%
ADCB to reduce 400 jobs - Report
Jarir Marketing opens new showroom in Sakaka
ADGM grants Capex.com retail license
Zamil’s losses deepen 17% in Q2-20
UAB logs AED 209m net losses in H1-20
Amlak International posts 21% higher earnings in Q2
SIDC turns to profitability in Q2-20
Jadwa REIT to distribute SAR 28.4m dividends for Q2
DFM records 21% rise in H1 profits
EGX gains EGP 2.1bn in market cap at Monday's close
stc records KWD 136.4m revenues in H1-20
Bank AlJazira profits down 34% in Q2
Egypt’s exports of medical industries drop to $233m in H1-20
Tadawul adds 0.3% at Monday’s close
Egypt tops MEA region in FDI inflows in 2019
NEOM teams up with stc to commence development of cognitive cities
Beltone awaits US regulatory approval on Auerbach Grayson sale deal
Upper Egypt Mills reports 17% standalone profit drop in FY19/20
Saudi imports of livestock, animal products total SAR 7.8bn in 5M
ADX gains AED 930m on Monday
Boursa Kuwait closes Monday in gains
DFM ends Monday up; market cap reaches AED 294.13bn
Egypt builds El-Fardous axis phase I with EGP 1.2bn
DP World acquires 60% stake in South Korea's UNICO Logistics
Foreign ownership on Tadawul soars SAR 306.6m in week
Orascom Investment Holding's board proposes demerger
UAE attracts AED 121.6bn FDIs in 2017-2019
Zahraa Maadi's profit grows 18% in H1-20 initial results
AlJazira Capital keeps TP of stc at SAR 97.4/shr
Egypt reveals details of consumer spending initiative
ADNOC announces new Chinese partner in offshore concessions
Flexxpay receives Sharia certification
Egypt's manufacturing index down 7.5% in May
WFP to launch EUR 15m programme to support Upper Egypt families
Saudi Arabia raises SAR 1bn ECA financing
DP World's container volumes drop 8.8% in Q2-20
CBE offers EGP 24bn T-bills, bonds on Monday
Dar Al Takaful completes two acquisitions
SADAFCO inks MoU for majority stake in Horizon Food Factory
Mubadala invests $150m in US-based Enviva
Najran Cement turns to profitability in Q2-20
SIIG registers SAR 55m losses in Q2-20
CBI's net profits slide 66% in H1-20
Petrochem turns to losses in Q2-20
Beltone's unit seeks consumer finance licence
TASI levels up 0.10% at Sunday’s close
Egypt aims to produce 2.5m tonnes of sugar in FY20/21
Arabian Cement’s profits down 79% in Q2; dividends proposed
DFM discloses Eid Al Adha holiday
Banque Saudi Fransi’s profits slide 46% in Q2
Golden Pyramids Plaza's standalone profit down 35% in Q1-20
Agility comments on listing unit on DFM
Hail Cement turns to profits in Q2
Saudi oil revenues down 40% in 5M
UAE records 351 COVID-19 cases, 554 recoveries
Fawry's board proposes capital raise
CBD's net profits decline to AED 530m in H1-20
Abu Qir Fertilizers profit falls 15% in FY19/20 initial results
Dubai court freezes NMC founder's assets
ADX closes Sunday up; market cap rises AED 13.55bn
Boursa Kuwait closes Sunday in red
DFM closes Sunday on marginal gains
Minapharm Pharmaceuticals sees EGP 104m block trading deal
Egypt’s non-oil imports down 5% in June
Alexandria Pharmaceuticals plans to invest EGP 200m in 2020, 2021
Reportage to complete three projects in Abu Dhabi in 2021
DIFC signs FinTech agreement with China's Fintech Dreamworks
FRA inks deal to develop Egypt’s 1st actuarial life table
Saudi Arabia tops china’s oil suppliers in June
East Delta Mills reports 18% profit drop in FY19/20 initial results
TAQA-led consortium awarded world's largest solar power plant
M&A Brief of the Week
EGX approves MM Group's EGP 96m capital raise
CBE offers EGP 24bn T-bills, bonds on Sunday
Yamama Cement’s profits down 10% in Q2
Abu Dhabi Aviation sees 66% lower net profits in H1-20
SADAFCO Q1 profits increase by 22%
Dana Gas appoints financial adviser for Nile Delta Sukuk
SACO’s profits rise 53% in Q2-20; dividends approved
Tabreed achieves 13% higher net profits in H1-20
Zahrat Al Waha Q2-20 profits contract 35%
Bank Albilad achieves 4% profit growth in Q2
Tadawul closes Thursday on marginal decline
Riyadh Bank’s Q2-20 profits down 29%
Budget Saudi posts 48% profit plunge in Q2; approves H1 dividends
King Salman undergoes successful surgery
Gold prices register new record high in Egypt
ADX closes Thursday with marginal losses
Boursa Kuwait closes Thursday on mixed note
Kuwaiti oil gains $0.23 on Wednesday
DFM ends Thursday down; market cap loses AED 1.28bn