Latest news

Date Title
EBRD approves $100m loan to CIB to support private sector
Ma’aden’s unit signs SAR 15.3bn finance deal
UAE bank deposits amount to AED 1.865trn in 3M
Egypt inks 12 oil, gas deals with $1bn investments
UAE chosen among best markets for FDI in 2020 - Survey
Naseej International narrows Q1-20 losses by 44%
Saudi Arabia lifts coronavirus curfew today
CBE offers EGP 13.5bn T-bills on Sunday
Virgin Mobile UAE appoints new managing director
M&A Brief of the Week
Amlak International sets IPO share price range at SAR 15-17
Saudi Ground swings to losses in Q1-20, cancels H2-19 dividend
Fujairah Cement's OGM nods to withdraw from Boursa Kuwait
Salama Cooperative Insurance’s losses up 74% in Q1-20
Saudi Aramco reveals plans to finance Q1 dividends
Egypt sets 5-year seawater desalination plan at EGP 45bn cost
Pioneers Holding’s chairman cuts stake for EGP 474m
Shaker Group reduces Q1-20 losses 88.5%
Hussain Sajwani elected as DAMAC Properties chairman
Saudi Arabia registers 4,757 coronavirus cases on Thursday
Egypt’s parliament approves state budget for FY20/21
Tadawul up at Thursday’s close; turnover at SAR 9.7bn
Al Rajhi Capital raises SISCO TP to SAR 23/shr
National Marine Dredging mulls 25% dividend distribution for 2019
Egypt upgrades electricity distribution networks in New Valley with EGP 100m
UAE confirms 388 new COVID-19 cases
Kuwait registers 541 coronavirus cases on Thursday
Saudi PIF takes over $1.5bn stake in India's Jio Platforms
UAE's oil production declines 35.5% in May - OPEC
ADX closes Thursday's session in red zone
CBE extends EGP 100bn initiative to more companies
DFM maintains upward performance on Thursday
Boursa Kuwait ends Thursday in losses
Pachin swings to loss in 9M
NAPESCO to distribute 70% dividends for 2019
Arab Dairy reports 95% lower net profits in Q1-2020
Tawuniya delivers 21 drive-thru coronavirus testing centres
Sidpec turns to losses in Q1-20 unaudited results
HDB’s consolidated indicators report EGP 605m profit in Q1-20
UAE banks draw 88% of AED 50bn liquidity facilities
PetroGulf reduces annual losses by 47%
Elkhereiji cancels SAR 26m property purchase
Gulf Cable signs KWD 8.6m gov’t deals
Middle East Glass posts 68% profit drop in Q1-20
SIB's $500m Sukuk oversubscribed 7.2 times
KUFPEC starts 1st oil production from Egypt’s Geisum concession
Aljazira Takaful’s profits rise 80% in Q1-20
Egypt’s manufacturing index down 5.4% in March – CAPMAS
Bank AlJazira hands over insurance portfolio to Aljazira Takaful
Mubadala mulls selling property assets to Aldar
CBE offers EGP 14bn T-bills on Thursday
Anaam Holding’s losses down 88% in Q1-20
Trading DP World shares suspended for acquisition deal
SATORP swings to losses in Q1-20
Finance House incurs AED 595,000 net loss in Q1-20
Seera Group’s Q1-20 profits hit SAR 1.1bn
Amana Cooperative turns to profitability in Q1-20
ENOC records 12 million cashless transactions in 5M
Boubyan Petrochemical posts 12% growth in annual profits
AfDB supports Egypt’s electricity, green growth with EUR 225m
Cleopatra Hospital denies news on acquiring Alameda
Egypt Kuwait Holding acquires stake in Mohandes Insurance for EGP 105m
Abu Dhabi CEO virtual roundtable discusses challenges, resilience
Tadawul closes Wednesday on marginal rise
EGX ends Wednesday mixed amid heavy liquidity
ADIA raises stake in Spain’s Cellnex
Saudi Arabia’s coronavirus cases top 141K on Wednesday
Egypt’s FRA generates EGP 618m revenue in FY19/20
Kuwait records 575 COVID-19 cases Wednesday
Gulf Union’s losses plunge 83% in Q1-20
Egypt allocates EGP 3bn credit guarantees to cover tourism funding
ADX up 1.1% on Wednesday; market cap gains AED 1.9bn
Gulf General moves to losses in Q1-20
DFM closes Wednesday on marginal gains
Allianz SF greenlights SAR 400m capital increase
Egypt targets 18 new African markets to increase chemical exports
Boursa Kuwait closes Wednesday on mixed note
Al Sagr Insurance’s losses jump to SAR 58m in Q1-20
Dekheila, Ain Sokhna collect EGP 2.3bn customs, taxes in May
UAE bank loans up AED 2.2bn in May
Egypt allocates EGP 93.5bn to healthcare in FY20/21
SPIMACO achieves SAR 42m profits in Q1-20
ADIO invests in Bedaya Fund to support startups
Egypt requires natural persons to submit tax returns online
Egypt upgrades SEMAF factory with EUR 55m – Official
SABIC appoints new chairman after Aramco's acquisition
Shorouk Printing's Q1-20 indicators post 16-fold profit surge
SADAFCO nods to SAR 81m dividends for H2-FY19/20
Egypt extends export ban on face masks for 3M
stc unveils new video conferencing solutions for businesses
Elsewedy's unit inks EGP 423m deal with El Mostakbal for Urban Development
Aramco finalises SAR 259bn takeover of majority stake in SABIC
Egypt secures $400m from World Bank to finance universal healthcare system
Foreign currency reserve assets down 7% in May – CBUAE
Tihama swings to losses in FY19/20
SABIC plans SAR 4.5m dividends for H1-20
Saudi Arabia ranks 24th in world competitiveness 2020
UAE ranks 1st in MENA, 9th globally in 2020 global competitiveness
EGX indices close Tuesday in green
TASI gains 44.56 pts on Tuesday