Latest news

Date Title
Saudi Fransi to purchase shares for LTIP programme
EGX ends Thursday varied; market cap drops EGP 4bn
SCZone, AOI pen deal to build industrial complexes
KSA announces 518 new COVID-19 cases on Thursday
Boursa Kuwait recovers, closes week in green territory
Emirates to fly three more flights to Philippines
Egypt pays EGP 1.5bn in due export subsidies - Minister
Tadawul closes Thursday down by 2.7%
ADX loses AED 17bn in market cap at Thursday’s close
Mashreq Bank’s profits slide 28% in Q1-20
Abu Dhabi’s CPI falls 2.6% in March
DFM extends losses at Thursday’s close
Kuwait Business Town's unit sells KWD 26m property
Gulf Cable’s earnings halve in 2019; dividends proposed
Kuwaiti indices close Thursday mixed; turnover down 21%
Alexandria Container’s profit slips 23% in 9M initial results
Tahssilat’s unit buys residential property in Ras Al Khaimah
Egyptian expats’ remittances rise to $5.2bn in 2M
Coronavirus cases in Kuwait reach 1,524
Aljazira Bank approves SAR 0.3/shr dividends for H2-19
Elsewedy’s unit inks AED 124.5m transmission line contract with DEWA
Al Mudon’s chariman submits resignation
Saudi National Gypsum to distribute SAR 0.35/shr
Egypt raises gov’t investments by EGP 10bn
Kuwait’s crude oil drops to $16.67 pb Wednesday – KPC
Cairo Investment’s profit jumps 51% in 6M initial results
Kuwait’s holdings of US Treasuries up 3% in February
EGX shut for Easter holiday
SIIG to distribute SAR 0.5/shr in H1 dividends
UAE cuts holdings of US Treasuries in February
MENA M&A deals record $14.8bn in Q1-20 – Report
Obour Land’s profit grows 28% in Q1-20
M&A Brief of the Week
Egypt’s holdings of US Treasuries hit 16-month record high
CBE offers EGP 19bn T-bills on Thursday
Kuwait slashes May crude prices to Asia by $3.15
Egypt's COVID-19 cases reach 2,505
Dubai extends closure of hotels, restaurants until further notice
Kuwait establishes 4 emergency wards to combat coronavirus
Kuwait grants residence violators 3-month pardon
Egypt aims to introduce e-commerce tax in FY20/21
ADCB initiates criminal proceeding against individuals linked to NMC
ADNOC lowers crude's official selling prices for May
Kuwait Syrian Holding posts 40% lower loss in 2019
EGX ends Wednesday mixed; market cap loses EGP 4.4bn
Grand Egyptian Museum 96% complete – Official
Abu Dhabi sees 0.5% higher non-oil foreign trade in January
Taleem REIT to distribute SAR 0.16/unit
DFM down on Wednesday; turnover at AED 329m
Tadawul closes Wednesday in red
ADX loses AED 2.5bn on Wednesday
Saudi Arabia offers multiple USD bonds
Integrated Holding approves KWD 6.6m dividends for 2019
Egypt allocates EGP 5.7bn for social housing in FY20/21
Boursa Kuwait posts first drop in week on Wednesday
Egypt's private sector employees off on Monday
Kuwait announces 50 new coronavirus cases, 30 recoveries
Al Futtaim exempts tenants from rent during COVID-19 closure period
Egypt's trade deficit narrows $4.56bn in Q1-20
Eastern Cement to distribute SAR 1.5/shr
Kuwait’s crude oil down 45 cents on Tuesday – KPC
Dice delays shipments to Europe
Kuwait’s GDP inches up 0.4% in 2019
CBE announces Easter holiday
Egyptians for Housing ups stake in Odin Investments
UAE's inflation rate falls to 1.3% YoY in February 2020
Dice’s profit drops 28% in 2019 initial consolidated financials
Egypt sees highest daily rise in new coronavirus cases
Metal and Recycling sees 68% higher loss in 2019
du's shareholders approve AED 0.21/shr dividends for H2-19
Al Kout’s earnings down 24% in 2019; dividends proposed
UAB's shareholders raise foreign ownership to 40%
Kuwait’s GDP seen to fall in 2020 - IMF
Egypt seen as sole Arab nation to achieve GDP growth in 2020 – IMF
UAE's economy expected to grow 3.3% in 2021 - IMF
Saudi Arabia registers 435 new coronavirus cases
SASCO awarded SAR 209m supply deal
Egypt raises health, education allocations in FY20/21
Kuwait launches evacuation flights to Istanbul, Qatar Tuesday
Arab Sea to move to main market tomorrow – Tadawul
FRA approves MTO for Alexandria Portland Cement
Tadawul closes Tuesday up 1%
EGX indices rally on Tuesday amid heavy liquidity
SCZone partners with SCCT to develop East Port Said port
EFG Hermes issues EGP 173m securitised bond for Premium International
Boursa Kuwait to reactivate off-market trades Wednesday
ADX up on Tuesday; market cap records AED 456bn
Beltone sets FV of QNB Al Ahli at EGP 55.05/shr
DFM gains AED 5.7bn on Tuesday
Boursa Kuwait up on Tuesday; turnover rises 23%
Egypt offers tax dispute settlement schemes
ABK approves 7 fils/shr dividends for 2019
UAE's FEDS partners with leading drone company
COVID-19 cases in Kuwait reach 1,355
Aramco to announce Q1 results in May
APICORP achieves $112m net income in 2019
Egypt launches new initiative to support irregular workers
Abu Dhabi licenses AED 747m industrial activities in Q1-20
Rubex International’s shareholders approve capital raise
Advanced to distribute 6.5% dividends on 20 April