Latest news

Date Title
KEC, OYO sign MoU for managing 1,500 hotel rooms
Rameda’s profit drops 37% in 2019
CBE likely to keep interest rates unchanged next Thursday – HC Research
National Industries’ bond issue fully oversubscribed
MAK Group’s unit to build new hotel with EGP 500m investments
GFH acquires 70% stake in Fintech leader Marshal
Seven Tides’ sales exceed AED 100m in 2 months
East Port Said water desalination plant reaches 95% completion
KIZAD attracts AED 4.4bn food investments
Kuwaiti indices slid on Tuesday amid high turnover
Saudi CPI down 0.1% in January
FRA approves EG Bank’s capital raise procedures
Boursa Kuwait to close 3 days on National, Liberation holidays
Moody's reviewing DP World’s ratings for downgrade
Canal Shipping Agencies denies merger reports
CBE settles EGP 18.4bn non-performing loans
Saudi Airlines Catering annual profit up 1%
Egypt’s income taxpayers to submit disclosures online in April
Saudia extends insurance deal with Tawuniya
Kuwait oil up 70 cents on Monday – KPC
Mobily turns profitable in 2019
Cleopatra Hospital reaches settlement deal on NBH land
Riyad Bank launches int’l Sukuk programme
EGX executes EGP 3.6bn deal on Fawry
Thoub Al Aseel profits rise 42% in 2019
SABIC plans to halt polymers production in Spain
CBE raises cap on banks’ mortgage loans
Ajial Real Estate posts 19% lower profit in 2019; dividends proposed
Banque du Caire posts EGP 4bn net profit in 2019
Saudi Arabia supports China in fight against coronavirus
Saudi oil exports down 10.75% in 2019
Aayan Leasing incurs KWD 15m losses in 2019
Kuwaiti oil revenues drop to KWD 13bn in 10M
Abu Dhabi’s industrial facilities grow by over 57% in 2019
Egypt slashes spending on fuel subsidies by 67% in H1-19/20
DSI denies arrested former CEO’s claims
EGX ends Monday higher on foreign buying
Kuwait’s local credit grows at 4.3% in 2019 - NBK
Etihad Cargo partners with dnata to handle 15 global stations
Tadawul up 0.97% at Monday’s close
UAE’s inflation continues to decline for 14th month in row
Steel prices rise second month in row; cement at 38M-high
Finance House logs AED 22m net profits in 2019
DP World to delist from Nasdaq Dubai on shares acquisition
Al Thekair seals full acquisition of KMEFIC
Brokerages profits surge 25.5% in Q4
Kuwait announces 3 days for National, Liberation holiday
Egypt’s spending on salaries up 12% in H1-19/20
Saudi passports reveals penalties for expired resident ID cards
Thrawaat International aims to launch 8 Swiss International hotels in Egypt
ADX maintains upward performance on Monday
DFM up on Monday; market cap records AED 378.18bn
Boursa Kuwait up on Monday amid thin liquidity
USD falls against EGP at local banks on Monday
Castle Development inks MoU with Schneider Electric for energy management solutions
Passengers in Saudi ports up 9% in 2019 – Mawani
Kuwait turns to KWD 2.26bn deficit in 10M-19/20
stc Pay, Saudi Payment ink cooperation agreement
SAIB achieves $12m net profits in 2019 initial financials
Kuwait announces cabinet reshuffle, names 4 key officials
October Pharma’s indicators show 80% profit hike in 2019
Mohandes Insurance’s shareholders approve capital raise via bonus issue
Sheeni’s losses balloon 42% in H1-19/20
Rashpetco, Burullus Gas plan to invest $167m in FY19/20
Trial production launched in Al Wafra, Al Khafji oilfields – Minister
Orascom Development to develop int’l school with EGP 500m investments
Jabal Omar Development appoints new CEO
Egypt draws $12bn cash inflows year-to-date – CBE official
NADEC CEO resigns; new appointee announced
Inovest logs 49% lower profit in 2019; dividends proposed
AMOC’s profit dips 81% in H1-19/20 on lower sales
CBE offers EGP 7bn T-bonds on Monday
Integrated Logistics to execute stevedoring works for Kuwait Port
Napesco seals KWD 110m deal with KOC
Markaz’s profit leaps 204% in 2019; dividends proposed
FAB issues AED 3bn First-ever Sterling, Kangaroo bonds
HC Securities readies to close 3 acquisition deals worth EGP 4.5bn in H1-19
Remittances from Egyptian expats rise $1.2bn in 5M
Al Sorayai shares oversubscribed by 858%
Egypt operates 7 investment zones at EGP 29.5bn
Tadawl closes Sunday in red
Benha investment zone reaches 96% completion – official
Mopco achieves EGP 830m profit in 2019 initial standalone results
Al Omran board approves moving to Tadawul
Beltone’s board agrees on EGP 553m capital raise
ADX up on Sunday; market cap records AED 528.6bn
DFM maintains upward performance on Sunday
EMPC to buy Arab Contractors’ stake in Arabian Hospitality
Tawuniya signs insurance deal with Alhokair Group
Boursa Kuwait ends Sunday lower
GUPCO plans to raise output to 77,000 bpd in FY20/21
Kuwait’s CMA awards market maker license to KFH Capital
Abu Dhabi sees 6.1% higher non-oil trade in 11M
Egypt allocates EGP 2bn for road improvement
Bank of Sharjah’s net profits soar to AED 226m in 2019
ADIB Egypt’s profit jumps 44% in 2019 initial results
Kuwaiti bourse suspends trading on KGL, KGL Logistics
Hadisolb’s sales dip 43% in H1-19/20
SAMA, GAZT sign electronic linking agreement
Bosta secures DPDgroup’s 1st investment in Egypt