Latest news

Date Title
SCTH promises more reforms in tourism sector
DP World completes acquisition of Fraser Surrey Docks
ADX retreats on Monday; market cap reaches AED 519bn
Ibnsina Pharma’s profit up 25% in 2019; dividends proposed
Ganope plans to drill 16 exploratory wells in FY20/21
Saudi Arabia encouraging investment through 3 pillars – Minister
DFM maintains downward performance on Monday
Kuwaiti indices end Monday in decline on recent COVID-19 cases
Suez Canal Bank logs EGP 542m profit in 2019; bonus proposed
CBD’s board recommends 20.7% cash dividend
Egypt-Belarus bilateral trade hits $142m in 2019
Emerald’s private placement 134% oversubscribed
Kuwait’s inflation may rise to 2% in 2020 – NBK Report
SCTH grants 400,000 visas in 5M
Egypt exports $12.3bn goods under QIZ protocol in 14 yrs
Bahrain confirms first coronavirus case
Majid Al Futtaim’s revenues rise to AED35bn in 2019
First KPMG Insights Center inaugurated in Riyadh
Egypt Gas approves capital hike via bonus shares
Delta Sugar’s profit sinks 88% in 2019 unaudited adjusted financials
SAFCO profits down 15% in 2019
Heliopolis Housing receives no management offers
Dallah Healthcare, Makkah Medical Center sign MoU
Kuwait announces coronavirus cases
Int’l consortium bids for management of CBD in Egypt’s new capital
KSA, Kuwait coordinate treatment of coronavirus case
Advanced Technology signs KWD 3m deal with KNPC
CBE offers EGP 7bn T-bonds on Monday
ALEXBANK inks $100m deals with EBRD
SAIB profits down 59% in 2019
Kuwait bourse stops trading on Al Aman Investment in March
Al Imtiaz Investment’s unit invests in $5m asset in US
Advanced Technology inks deal with Kuwait's health ministry
Kuwait bans entry of Iranian ships over coronavirus fears
Emerald’s IPO 17.7 times oversubscribed – EGX
Tadawul down 0.3% at Sunday’s close
MG Developments plans EGP 750m new investments in Ain Sokhna
Gulf Insurance profits rise 12% in 2019
Oriental Weavers Carpet announces $10m expansion plan for 2020
Dubai Mall launches first VAT refund service in UAE's malls
SASCO renews qualification certificate
Sharjah Islamic Bank’s OGM approves 10% dividends, bonus
EMPC to acquire Banque Misr’s stake in Arabian Hospitality
Al Babtain extends MoU with Portugal’s Metalogalva
UAE’s real GDP rises 2.9% in 2019
Nile City to invest in new firm with EGP 500m capital
Boursa Kuwait closes Sunday lower; KFH posts highest liquidity
King Abdullah Port throughput surges 333% in 2019
ADX rises 0.17% on Sunday's trading session
DFM down on Sunday; market capital reaches AED 375bn
October Pharma’s profit leaps 84% in 2019 on higher sales
Petrobel plans $812m investments in FY20/21
Egypt’s Zohr output expected to reach 3 bcfd in March
Emerald’s IPO 5.8 times oversubscribed so far
Emerald’s profit soars 48% in 2019; dividends proposed
EMPC’s profit rises 12.5% in 2019 unaudited financials
Egypt’s debt-to-GDP ratio hits 10-year low in Q1-19/20
Etisalat announces full acquisition of Help AG
Kuwait’s health ministry: Evacuees from Iran “free from Coronavirus”
Egypt’s West Bakr wind farm to produce 2,000 GW annually
Chestertons inaugurates new office in Abu Dhabi
Oriental Weavers Carpet’s profit jumps 55% in 2019; dividends proposed
Emirates NBD agrees on 40% cash dividends
Sawiris in talks to acquire controlling stake in Shalateen
GACO appoints new chairman, CEO
Al Moammar wins over SAR 50m project deal
Egypt’s manufacturing index down 1.3% in November 2019
NMC records SAR 80m profit in 2019
UAE banks to gain share via digital adoption – Bloomberg Intelligence
Alexandria Pharmaceuticals targets EGP 196.5m profit in FY20/21
Al Baraka Bank - Egypt logs EGP 1.07bn profit in 2019; dividends proposed
Mubasher Capital Holding mulls acquisition options in Egypt
CBE offers EGP 14.5bn T-bills on Sunday
UAE’s district cooling sector’s profit amounts to AED 1.5bn in 2019
Aramco receives regulatory approval for development of Jafurah field
Moody's downgrades Lebanon's credit rating; outlook 'Stable'
Saudi gov’t inks MoU with Italian Export Credit Agency
Kuwait suspends flights from Iran
Kuwaiti banks to close for 3 days
Kuwait crude oil price reaches $58.59 pb on Friday
Agility registers KWD 86.8m profit in 2019
Three UAE-listed energy companies post 64% YoY higher profits in 2019
Egypt, Nigeria to establish new company for gas cylinders
Lower oil prices, higher public spending boost Kuwait’s budget deficit – NBK
RTA, Careem launch bike sharing service in Dubai
ADX loses 5.2 pts in week
DFM tacks on 4 pts in week
Saudi Al-Jafoura field’s annual production to reach 2.2 Tcf in 2036
EGX’s indices shrink in week; Market cap loses EGP 5.1bn
EgyptAir adds 9th Airbus A220-300 to its fleet
TASI goes up 133 pts in week; Market cap gains SAR 140bn
Boursa Kuwait’s indices fall in week
Commercial banks boost Bahrain Bourse in week
Transfers among UAE’s banks record AED 948bn in January 2020
Kuwait crude oil price grows by 56 cents on Thursday
Egypt hires 4 int’l banks for 1st green bonds
Egypt C. bank maintains interest rates
Saudi Aramco’s Fadhili plant to up gas supplies to 12.2 BSCF
Egypt sells EGP 20.5bn T-bills on Thursday
UAE’s foreign currency assets hit AED 400bn in January 2020