Latest news

Date Title
L'azurde turns to losses in 2019
Yamir Equities sells stake in Egyptians for Housing for EGP 79.6m
Misr Iran Bank keeps interest rates on savings certificates unchanged
EGX ends Wednesday in red despite cutting stamp taxes
UAE banks assets hit AED 3trn in February
Telecom Egypt extends January landline bill payment period
NBF’s shareholders approve 10% dividends, 3.5% bonus shares
Aqar agrees one-year Murabaha facilities with Boubyan
Egypt’s mortgage firms ordered to extend repayment period
ADX gains 76 pts on Wednesday; market cap up AED 12.3bn
Boursa Kuwait's indices mixed on Wednesday
Egypt begins evacuating citizens from Kuwait
DFM recovers, closes Wednesday in green
Saudi Paper appoints new CEO, chairman
Rameda sees EGP 14m block trading deal
Egypt cancels fees on online tax system
NBE to cooperate with Fawry in digital payment solutions
EFG Hermes conducts $55.9bn brokerage transactions in 2019
Maharah Human Resources’ board agrees on 32% dividends
Egypt’s FRA extends deadline for filing financial statements
MEPCO yearly profits down 94% in 2019
EPCCO profits up 159%, plans 15% dividends for 2019
Egypt cuts bourse trading fees
CBUAE issues regulation for dormant accounts
Egypt to develop storm-hit areas with EGP 750m
Al Othaim Markets to distribute 15% interim dividends
Kuwait's trade surplus with Japan down to 3M-low in February
EFG Hermes’ profit grows 33% in 2019 on higher revenue
Tadawul completes inclusion in FTSE Russell EM index
NBE, Banque Misr keep interest rates on fixed-rate certificates steady
Savola Group posts SAR 475.6m in 2019 profits
Property Finder sees hike in Dubai’s real estate transactions in Q1-20
Egypt to pay EGP 1bn in export subsidy arrears in March, April
Kuwait’s crude oil slumps to $31.89 pb on Tuesday – KPC
Egypt lowers industrial energy costs, bourse stamp tax
COVID-19 cases in Kuwait up to 142
Kuwait reports 3 new COVID-19 recoveries
ADX, DFM lower limit down to 5%
Egypt’s coronavirus cases rise to 196
Kuwait adds 5 more countries to quarantine list
Combined Group’s unit in UAE awarded AED 296m tender
National Investments’ earnings up 46% in 2019; dividends proposed
Tadawul closes Tuesday in green
Arab Sea turns profitable in 2019; requests moving to Tadawul
Egypt suspends export of alcohol, masks
CMA approves eXtra’s capital hike request
FRA approves Zahraa Maadi's EGP 132m capital hike
Arabian Centres approves $1bn sukuk
EgyptAir not to halt local, cargo flights
Reacap gets FRA’s approval to raise issued capital
Aldar launches AED 100m programmes
Kuwait donates $40m to WHO, offers assistance to 3 countries
EGX extends losing streak at Tuesday’s close despite rate cut
Egypt expected to cancel EGP 9.9bn loans under CBE’s initiative
Rate cut to inject EGP 100bn into market – Banking official
Kuwait’s crude oil slides to $32.16 pb on Monday – KPC
stc posts SAR 10.7bn profits, plans SAR 300m share repurchase
National Industries posts 8% profit rise in 2019; dividends proposed
Saudi Arabia’s US Treasury holdings up to 5-month high in January
Aqar Real Estate receives KWD 2m credit facilities
NBK to distribute dividends on 30 March
Kuwaiti indices close Tuesday on mixed note
ZonesCorp attracts AED 350m investments in 2020
Egypt's tourism sector to incur $1bn monthly losses on flight suspension
Egypt allocates EGP 242bn for women in 18M
Kuwait’s oil revenues down 17% in 11M
ADX down on Tuesday; market cap records AED 365.2bn
Saudi Arabia reports 15 coronavirus cases
DFM ends Tuesday’s session on negative note
Telecom Egypt raises internet bundles by 20% to support e-learning
Saudi CMA suspends personal attendance in general meetings
Dubai Holding, Meraas launch AED 1bn economic relief package
Beltone to set up new company with EGP 30m capital
Juhayna’s shareholders approve EGP 0.20/shr dividend for 2019
CBUAE’s foreign assets hit AED 406bn in February
Egypt calls on taxpayers to submit disclosures online
National Gypsum to distribute SAR 0.35/shr
Beltone’s losses widen 11% in 2019
Egypt Gas completes transferring stake in Town Gas
Sulaiman Al Habib Group joins Tadawul
Egypt raises holdings of US Treasuries in January for 4th straight month
Coronavirus infections in Kuwait rise to 130
NBE lowers interest rate on variable-rate certificates
Emirates, flydubai suspend 16 flight routes
Egypt detects 40 new coronavirus cases
Boursa Kuwait to close on Al Israa and Al Miraj holiday
CBE extends loan repayment period
CBE drops cash cover requirement for key food products for a year
UAE’s holdings of US treasury bonds down 2.3% MoM in January
Kuwait’s holdings of treasury bonds down 3% in January
CBE delivers surprise 3% interest rate cut
Shuaa Capital sees AED 47m profits in 2019
Kuwait C. bank sells KWD 200m bonds; oversubscribed 13.58 times
Livestock Transport wins KWD 4.5m tender
Egypt denies COVID-19 cases are in the thousands
EGX30 ends Monday 7.9% lower; market cap shrinks EGP 32.3bn
TASI closes below 6,000 pts for first time in 3.5 years
Egypt to reduce gov’t staff to curb COVID-19 outbreak
KSA declares additional measures against coronavirus
Egypt may incur EGP 2.25bn loss as all flights halted until end-March