Latest news

Date Title
Saudi Amiantit lowers planned capital hike to SAR 120m
Naeem Holding's accumulated losses reach 21% of capital
Arabtec Holding accumulated losses at AED 671m
CBE offers EGP 13.5bn T-bills on Sunday
Ataa Educational’s profits up 2% in 9M
RAK Properties sees 243% higher net profits in Q1-20
Tabuk Agricultural narrows losses by 74% in Q1-20
Islamic economy contributes AED 41.8bn to Dubai's GDP
SAPTCO’s losses up 273% in Q1-20
Al Babtain reports 28% drop in profits for Q1-20
QIPC records KWD 28m profits; plans dividends
SAIB's Q1 profit surges 424%
Dar Alarkan’s profits fall 51% in Q1-20
Speed Medical to acquire City Lab
Tadawul closes Thursday on second decline in row
Faisal Islamic Bank's business volume grows 13% in May
Coronavirus cases in KSA surpass 116K on Thursday
Saudi Al Alamiya’s profits more than halve in Q1-20
Boursa Kuwait closes Thursday on mixed note
Kuwait reports 609 COVID-19 cases on Thursday
UAE confirms 479 new COVID-19 cases
Mosques in Saudi Arabia to open 40 mins before Friday prayers
Egypt’s EETC inks deal to build substation at EGP 295m
Arzan Financial's unit forms new $26.25m company
Kuwait oil price up 13 cents on Wednesday – KPC
ADX maintains downward performance on Thursday
DFM loses 22 pts on Thursday
DP World acquires 51% of Ukrainian TIS container terminal
Egypt to reopen coastal cities with lowest COVID-19 cases for tourists
AMOC moves to loss in 9M
Arabia Insurance turns to profitability in Q1-20
TPAY Mobile acquires Payguru
Egypt extends nighttime curfew, shopping hours
Saudi Vitrified Clay’s profits up 238% in Q1-20
Chubb Arabia sees 62% profit plunge in Q1
Egypt pays EGP 3bn overdue export subsidies in 3M
Emirates NBD: 254 investors buy 101.7m shares
Malath Cooperative Insurance Q1 profits down 39%
Naeem Holding swings to loss in Q1-20
Taiba reports 61% growth in Q1 profit
Jarir Marketing’s earnings up 7% in Q1; dividends proposed
Telecom Egypt reports 19% profit drop in Q1-20
Saudi Enaya accumulated losses at 7.8%
Etihad Airways partners with Aldar to boost Abu Dhabi's tourism
M&A Brief of the Week
Beltone’s losses shrink 74% in Q1-20
CMA cancels Boursa Kuwait’s Wednesday session
Mubadala's AUM amount to AED 853bn in 2019
CBE offers EGP 15bn T-bills on Thursday
Egypt’s cabinet approves 12 oil, gas exploration deals
Wafrah sees 149% higher net profits; accumulated losses
Sharjah Islamic Bank appoints banks to sell $500m Sukuk
Kuwait’s inflation up 1.85% in April
Bupa Investments to raise its stake in Bupa Arabia
Giza General Contracting’s profit drops 49% in Q1-20
EGX loses EGP 4.2bn in market cap at Wednesday's close
Tadawul closes Wednesday on marginal decline
Saudi Cement's board to distribute 15% dividends for H1-20
Allianz SF posts SAR 15m losses in Q1-20
Egypt’s annual core inflation slows down to 1.5% in May – CBE
Bawan’s profit up 1% in Q1-20
Boursa Kuwait falls at Wednesday’s close
Porto Group Holding's shareholders approve bonus issue
Saudi Arabia records 3,717 more coronavirus infections
Kuwait reports 683 new COVID-19 cases
Boursa Kuwait to distribute 25% dividends for 2019
Electro Cable’s profit plummets 92% in Q1-20
Shipbuilding expected to boom on GCC energy ambitions
Saudi trade surplus declines 25% in 2019
ADX closes Wednesday on marginal losses
MM Group’s Q1 profit grows 25%
DFM edges up 0.01% on Wednesday
SAMA supports measures to enhance sector's liquidity
Egypt’s MSMEDA offers EGP 27bn funding in 6 yrs
UAE economy projected to rebound in H2-20 - CBUAE
Int’l funds buy $400m Egyptian T-bills in 2 days
Saudi industrial production index up 7% in April
HSBC finances the UAE's Etihad railway project with $558m
Bahr El-Baqar drainage system secures KWD 75m from AFESD
Kuwait’s crude oil down to $35.33 pb – KPC
United Housing’s profit down 62% in Q1-20
Nasdaq Dubai lists GFH's $200m Sukuk
SAICO swings to SAR 10m loss in Q1
Egypt’s tax revenue from non-sovereign bodies rises to EGP 412bn
Fitch affirms Ras Al Khaimah's rating at 'A', outlook stable
Egypt's annual headline inflation registers 5% in May – CAPMAS
Al Hilal Bank sells Islamic insurance subsidiary to Siraj Holding
DIB sells $1bn Sukuk; oversubscribed 4.5 times
MedGulf records 17% increase in Q1 profits
DP World partners with DGWorld to raise Jebel Ali Port's efficiency
Al Etihad Cooperative’s earnings up 17% in Q1
Upper Egypt Flour Mills reports EGP 96m consolidated profit in 9M
Misr Cement sees 4-fold profit hike in Q1-20
EGX ends Tuesday mixed
Saudi Arabia greenlights electric cars, chargers
Tadawul closes in green for third day in row
Emaar Misr's Q1 profits almost halve on lower revenue
UAE's non-oil trade grows to AED 1.6trn in 2019
Egypt's gold reserves rise to record $3.8bn in May
UAE reports 528 new COVID-19 cases