Latest news

Date Title
Egypt approves 25 urban projects with EGP 100bn investments
Remittances from UAE hit AED 165.2bn in 2019
SAMA reiterates commitment to exchange rate policy
Egypt’s PMI falls to a historic low in April amid COVID-19 measures
Kuwait’s C. bank issues KWD 240m bonds; oversubscribed 11.36 times
Kuwait’s crude oil slides to $18.41 pb Monday – KPC
COVID-19 expected to affect global trade – CBUAE
CIB logs EGP 2.39bn profit in Q1-20
EQUATE Group’s EBITDA down 15% in Q1-20
No Increase in consumer prices following new fuel fees – Minister
UAE GDP growth rate at 1.7% in 2019
Al Aman Investment delisted from Boursa Kuwait after merger
SAICO, Al Rajhi renew insurance contract
Egypt reports 348 new COVID-19 cases
National Medical Care posts 10% higher profit in Q1-20
Kuwait vows to donate $40m for coronavirus vaccine efforts
Qassim Cement plans SAR 1/shr dividends
Saudi Arabia COVID-19 cases at 28,656
Kuwait’s reserves down 1.9% in March
Jadwa REIT to distribute SAR 0.18/unit
Saudi Arabia participates in coronavirus global response
Saudi exports reach SAR 149.3bn in 2M
Egypt raises $2.2bn from IPOs in 10 yrs – Report
EGX loses EGP 5.2bn in market cap at Monday’s close
Tadawul adds 0.16% at Monday’s close
Egypt inks $100m financing deal with ITFC to secure food commodities
ADX loses AED 6.64bn on Monday
Coronavirus cases in Kuwait surpass 5,000 on Monday
Egypt’s Suez Canal revenues hit $1.9bn in 4M
Boursa Kuwait indices end Monday's session in red
DFM maintains downward performance on Monday
KFH terminates CEO contract
Expo 2020 Dubai delayed to October 2021
SARCO approves SAR 15m dividends for 2019
Kuwait’s C. bank offers KWD 240m bonds
Bank AlJazira to distribute SAR 0.3/shr
Emirati banks dominate 87% of sector's assets in Q1
Egypt to evacuate stranded workers from Kuwait this week
Albilad Sovereign Sukuk ETF announces dividends
ERC generates $160m operational profits in Q4-19
TPAY Mobile, Vodafone Egypt launch digital payment on Google Play
Egypt implements Hayah Karima initiative at EGP 8bn
Inflation in Kuwait up 1.9% in March
ICON’s shareholders approve EGP 0.30/shr dividends for 2019
Advanced Petrochemical’s profits down 36% in Q1-20
Qalaa Holdings moves to losses in 2019
Saudi-GCC trade exchange amounts to $2bn in February
CBE offers EGP 6.5bn T-bonds on Monday
Egyptian hotels allowed to reopen at 25% capacity for local guests
Salama's shareholders approve 2019 dividends
SABIC posts SAR 950m loss in Q1-20
Kuwait purchases respirators, medical supplies from China
EGX ends Sunday down; market cap drops EGP 15bn
Egypt pays out EGP 65m in aid to tourism workers
ADNOC restarts operations at Ruwais oil refinery
Tadawul drops 7.4% on Sunday’s close
Al Tijaria nods to 2019's dividends, bonus shares
UAE announces 564 new COVID-19 cases
Kuwait records 364 new coronavirus cases, tally at 4,983
DFM loses 80 pts on Sunday
Egypt’s foreign deposits rise for 1st time in 10M
Boursa Kuwait ends May’s first session down
Arkan's net profits drop to AED 10.5m
Misr Hotels cuts revenue forecast for FY20/21 on coronavirus crisis
MIS posts 45% growth in Q1 profit, plans 25% bonus shares
Middle East Glass reports EGP 157.5m profit in 2019
Sadafco’s profits up 22% in FY19/20
Abu Dhabi's non-oil trade at AED 17.8bn in February 2020
CI Capital makes new appointments to executive leadership team
M&A Brief of the Week
Upper Egypt Flour Mills posts 19% standalone profit drop in 9M
UAE banks slash bond, stock investments in March
CMA approves listing Shamal Al Zour on Boursa Kuwait
Misr Hotels reports 25% profit drop in 9M initial results
Astra Industrial’s earnings up 283% in Q1-20
Raya Contact Center to retain 2019’s earnings
Saudi Electricity posts SAR 2.4bn in Q1 losses
IMKAN awards Al Dhabi Contracting AED 236m building contract
Faisal Islamic Bank logs EGP 2.78bn consolidated profit in 2019
Al Imtiaz expects lower profit from subsidiary due to COVID-19
ADNIC's net profits hike 133% in Q1-20
Egypt's coronavirus cases surpass 6,000
CBE offers EGP 19bn T-bills on Sunday
RAKBANK sees 43% lower net profits in Q1-20
Gulf Insurance acquires 9.6% stake in Compareit4me Holdings
Ekttitab Holding CEO resigns
KSA lifts additional measures in Al Atheer, isolates city in Dammam
Saudi Arabia registers 1,351 COVID-19 cases
Halwani Bros profits up 450% in Q1
Tadawul up 1.8% at Thursday’s close
Egypt’s local liquidity rises to all-time record high in March
Minapharm Pharmaceuticals’ standalone profit down 36% in 2019; dividends proposed
UAE's COVID-19 cases total 12,481
Boursa Kuwait's indices end April on positive note
Ajwa Egypt’s standalone losses rise to EGP 35m in 2019
UAE's fuel prices to remain unchanged in May; records lowest level in year
Egypt Aluminum revises expected losses for FY20/21
National Industries approves KWD 14m dividends for 2019
ADX maintains positive performance on Thursday
Coronavirus cases in Kuwait exceed 4,000 on Thursday