Latest news

Date Title
Boursa Kuwait mixed on Monday; turnover down 45%
Egypt raises renewables share in energy mix by 3.3%
Kuwait’s imports from China decline 13% in 2M
Saudi Arabia imposes curfew to combat coronavirus outbreak
Egypt invests EGP 28.7bn in energy projects during H1-19/20
EGX suspends trade on high gains
Kuwait’s stc approves dividends for FY19
Livestock Transport receives Ocean Shearer vessel
FIPCO unit obtains Saudi Aramco’s accreditation
KFH amends timeline of AUB’s acquisition deal
Buruj Cooperative board recommends no dividends for 2019
Ducab sees 5% higher profits in 2019
Kuwait reports one new COVID-19 case
Egypt reports 33 new COVID-19 infections; total at 327
du's board proposes AED 0.21/shr dividends for H2-19
CBE sells EGP 7.5bn T-bonds Monday
UAE halts passenger flights for 2 weeks
Jazeera Airways cancels 2019 dividends amid COVID-19 uncertainties
Saudi Arabia announces 119 new COVID-19 cases
Tadawul down 1.5% on Sunday’s close
EGX rises for second session in row
Al Salam Bank to distribute 4% dividends, 4% bonus shares
ALICO sees EGP 5m net profits in 2019
RAK Properties shareholders approve 4 fils/shr dividends
Sharjah lists $200m Sukuk on Nasdaq Dubai
Banque du Caire maintains certificates interest rates unchanged
Investments in Ras Ghareb wind farm at EGP 12bn - Minister
ADX slides 133 pts on Sunday
Benban Solar Park attracts $2bn investments - Minister
DFM down on Sunday; market cap loses AED 3.35bn
UAE bank loans rise to AED 1.7bn in February
World Bank provides $500m for low-income housing in Egypt
Aramco closely monitoring coronavirus situation – CEO
CI Capital shareholders approve capital hike to EGP 1bn
UAE banks cut investments in bonds, stocks in February
Nozha Hospital's OGM approves 10% dividends
Saudi Airlines Catering delays dividends on COVID-19 worries
Coronavirus toll in Kuwait up at 188 infections
Kuwait reports 3 new COVID-19 recoveries; total at 30
Boursa Kuwait closes Sunday on Al Israa and Al Miraj holiday
AFZ provides AED 6m support to China Mall Ajman operator
Egypt announces 9 new COVID-19 cases, 2 deaths
CBE issues EGP 14.5bn T-bills
Dana Gas operations remain stable despite COVID-19
Kuwait extends public holiday 2 more weeks on COVID-19 fears
Kuwait imposes partial curfew in face of COVID-19
Mobile operators in Kuwait offer free calls, internet
Kuwait’s exports down 90% in February
Coronavirus cases in Oman reach 52
Egypt closes museums, historic sites, mosques
Kuwait reports 17 coronavirus cases
Saudi Arabia reports 70 new COVID-19 cases
UAE suspends entry of GCC citizens; requires COVID-19 tests
UAE reports two deaths from COVID-19
ADX down 6.2% in week; market cap loses AED 17bn
DFM loses 17.6% in week
UAE’s top schools app waives fees
Saudi Arabia bans exporting medicals supplies, devices
Kuwait announces 11 coronavirus cases
Saudi Arabia halts transportation services on coronavirus fears
Tahya Misr finances flood control projects with EGP 1.25bn
EGX30 ends Thursday 5% higher amid heavy turnover
Warba Insurance’s earnings soar 50% in 2019
Banque Misr, NBE to issue 15% savings certificates
Remittances of Egyptian expats hit $26.8bn in 2019
Banque Misr, NBE inject EGP 3bn into Egyptian bourse
Egypt Aluminum expects drop in production costs
Boursa Kuwait down for 6th week in row
SAIB shareholders approve $7.5m dividends
AUB approves 5 cents/shr dividends for 2019
Moody’s affirms Banque Saudi Fransi rating, outlook negative
ADX closes Thursday on biggest daily gains in 10 years
Boursa Kuwait extends emergency measures against COVID-19
Heliopolis Housing eyes EGP 1.2bn profit in FY20/21
Egypt extends tax-filing season for individuals
DFM maintains positive performance for second day in row
Zain approves 33 fils/shr dividends for 2019; elects board members
GMPC’s shareholders give nod to 10% dividends
Egypt orders restaurants, shops, clubs to close at night
TAQA's accumulated losses reach AED 1.64bn in 2019
Domty logs EGP 156m in 2019; dividends proposed
Lower energy prices to cut down production costs – Ezz Steel
Egypt gives insurance policyholders extra grace period for premium payment
Kuwait reports 6 new COVID-19 infections; total at 148
M&A Brief of the Week
Kuwait’s crude oil down $2.14 on Wednesday – KPC
CBE offers EGP 20.5bn T-bills on Thursday
ADCB elects new chairman, vice chairman
Ataqa expected to see lower production costs
Tabuk Agricultural Development approves 46% capital cut
Research firm sets EFG Hermes' FV at EGP 23.4/shr
ADCB’s OGM approves paying out 38% dividends
Egypt’s coronavirus cases reach 210
Mashreq Bank appoints new head of operations
Acico’s earnings up 12% in 2019; no dividends proposed
Aldar’s OGM approves 14.5 fils/shr dividends for 2019
Kamco exits $10m investments
KSA orders Aramco to set output at 12.3m b/d
Tadawul up 0.8% at Wednesday’s close
Enppi-Petrojet consortium completes SUMED Ain Sokhna Product Hub