Latest news

Date Title
Amanat reports AED 60m profit in FY19; dividends proposed
CMA approves Alinma Bank capital hike
Livestock Transport turns to KWD 1.2m profit in 2019; sales up 33%
Naeem Holding moves to losses in 2019 initial results
Dar Alarkan intends to issue dollar Sukuk
Arabtec Holding sees AED774m net losses in 2019
Speed Medical’s profit up 34% in 2019
Pyramisa Hotels and Resorts’ profit falls 30% in 2019; dividends proposed
MubasherTrade serves as broker for Emerald’s private offering
Kamco Invest acquires Silicon Valley-based asset at $286m
CBE offers EGP 14.5bn T-bills on Sunday
IFA’s losses shrink 70% in 2019 initial financials
Ithmaar Holding turns profitable in 2019; Zero dividends proposed
Gulf Navigation’s loss hikes in 2019
Takaful Emarat swings to profits in 2019
DFM loses 36 pts in week; Emaar sheds 3.25%
Banks weigh on ADX in week
TASI shrinks 178 pts in week
Abu Dhabi’s hotel establishments yield AED 3.2bn revenue in 2019
SDX Energy starts drilling operations at South Disouq in Egypt
Boursa Kuwait’s indices fall in week; BK Main 50 levels down
Bahrain Bourse rises 0.4% in week
ANOPC signs contract for $2.5bn project in Egypt’s Asyut
Pharos Research sets FV of CI Capital Holding at EGP 7.59/share
DP World acquires majority stake in Ukrainian container terminal
RAK Properties registers AED 101m profit in 2019
Aman’s profit soars 550% YoY in 2019
Egypt accomplishing 2nd phase of economic reform programme
Egypt sells EGP 20.5bn T-bills on Thursday
Egypt’s gas output may record 7.8 BCFPD in FY19/20
Manazel’s profit grows 4.3% YoY in 2019
Egyptian oil ministry inks 5 agreements on EGYPS 2020’s 3rd day
Aton obtains new gold exploration license in Egypt
Faisal Islamic Bank’s assets reach over EGP 103bn in January 2020
Saudi Egyptian Investment records higher profit in 2019
Alba profits down 91% in 2019
Tadawul closes Thursday in red
Shuaa Capital posts AED 73m net profit in Q4-19
GASCO announces medical insurance deal
Tadawul lists AlBilad Saudi Sovereign Sukuk Fund
Yansab annual profits down 55% in 2019
Union Properties incurs AED 219m net loss in 2019
Al Madina for Finance’s losses retreat 23% in 2019
Rameda executes EGP 62m greenshoe option
Arkan’s net profit dips to AED 46m in 2019
Egypt exports $4.9bn petroleum products in 2019
KSA’s pavilion in Expo 2020 to launch voluntary program
Rasmal to buy KWD 10m assets from Mena Real Estate
Dice secures $5m loan from QNB Al Ahli
Egypt tops EBRD portfolio with $1.3bn
ADX retreats at Thursday's close
Egypt-S. Korea cooperation portfolio hits $458m
UAE’s petrochem sector obtains AED 23.1bn loans in 2019
Boursa Kuwait closes Thursday on mixed note
DFM up on Thursday; market cap reaches AED 377.33bn
UAB reports AED 471m net losses in 2019
DXB Entertainments incurs AED 5.2bn accumulated losses in 2019
CI Capital’s net profits surge to EGP 621m in 2019
Egypt raises spending on health by 20%, education by 14%
Egypt's furniture regional exports hit $164m in 2019
RAK White Cement achieves AED 19.4m profit in 2019
Emirates Investment Bank sees AED 8.9m in 2019
Egypt issues EGP 20.5bn T-bills on Thursday
DIB reports higher net profits at AED 5.102bn in 2019; dividends proposed
Gulf Cement’s losses drop 18% in 2019
Petro Rabigh turns to losses for 2019
Kuwait’ oil up $1.28 on Wednesday – KPC
M&A Brief of the Week
Al Salam Bank records BHD 21m profits in 2019; dividends proposed
Kuwait Reinsurance’s profit tops KWD 4m in 2019; dividends proposed
Moody's may upgrade TAQA’s credit ratings
Russian companies in talks with Saudis for $10bn investments
Orange to invest EGP 4bn in Egypt in 2020
Zain’s consolidated profit levels up 10% YoY in 2019
Egyptian gov’t signs MoU with Saudi ACWA Power
Egypt’s ECS enters into protocol with ITIDA
ADIB registers AED 2.6bn profit in 2019
Egypt’s oil ministry inks group of pacts on EGYPS 2020
Acrow Misr to inaugurate branch in Kenya
Etisalat’s FY19 net profits up 0.90%
EBE’s profits marginally up to EGP 603m in H1-19/20
Credit Agricole Egypt’s financials show EGP 2.36bn profits in 2019
Deyaar reports AED 71.5m net profits in 2019
EGX’s indices settle lower Wednesday; Market cap loses EGP 6.2bn
Ajman Bank’s net profits reach AED 84m in 2019
Aldar logs higher net profits at AED 1.98bn in 2019
National Industries issues KWD 30m bonds, due in 2025
Emaar Properties sees 1% higher profits in 2019
ADNOC Distribution’s FY19 profits up to AED 2.2bn; dividends proposed for H2, FY19
Suez Canal contributes EGP 33.4bn to Egypt’s budget in H1-19/20
ALAFCO records 103% higher profits in Q1
Tadawul closes Wednesday in green
EGX to list Heliopolis Housing’s capital-hike shares late February
GFH records $80m net profit in 2019; dividends proposed
EGPC signs agreement with Schlumberger for sustainable development
ADX down on Wednesday for second consecutive session
EGX approves listing of Banque Du Caire’s capital-increase shares
DFM maintains downward performance on Wednesday
Ekttitab Holding’s losses narrow 23.5% in 2019
Kuwaiti indices see mixed performance on Wednesday