Latest news

Date Title
Sharm El-Sheikh to become a smart green city
Alexandria Customs clears EGP 55.7bn European cars in 2019
KABO H1 profits down 60% on lower revenue
Spinalex narrows losses in H1-FY19/20
Boubyan Bank issues $750m Sukuk
Several MoUs signed on EGYPS 2020 second day
Kuwait oil crude down 21 cents on Tuesday
Dana Gas collects $138m from operations in Egypt
Dana Gas' net profit hits $157m in 2019 initial financials
Nasr for Civil Works to distribute EGP 0.5/shr, 33% bonus shares
SARCO resumes trading on Wednesday
Zain Kuwait seals $130m deal to sell telecom towers
Napesco awarded KOC tender deal
EGX receives delisting request from International Dry Ice
Kuwait’s public debt hits over KWD 2bn in December 2019
Kuwait’s M2 falls 1.24% YoY in December 2019
du reports AED 1.7bn profits in 2019
Egytrans targets EGP 257.1m revenue in 2020
Arab Drug’s profit soars 113% YoY in 7M-19/20
Canal Shipping posts 31% YoY profit hike in H1-19/20
EBRD inks agreement with Egyptian pharmaceutical company
Evergrow in talks for EGP 19bn finance to fund 2 projects
Copetrole targets EGP 250m profits for 2020
Raya Holding receives offer for EGP 133m stake in subsidiary
Al Rajhi Capital sets Maaden’s TP at SAR 41/share
Al Jazira Capital sets Al Othaim’s TP at SAR 92.5/share
Tihama switches to losses in Q3-19/20
Evergrow For Fertilizers to float 30% of its shares on EGX
Local banks fund most of oil projects in Egypt – CBE’s Amer
Egypt’s ISDF spends EGP 1.2bn on unplanned areas
GIB inaugurates new operations centre in Al Khobar
TASI closes Tuesday in red
AED 1.9bn Mohamed bin Zayed City in Fujairah completed
Chemical Industries Holding to invest EGP 10bn in three years
NBQ records 3.8% higher net profits in 2019
Salama generates AED 55m net profits in 2019
Key oil, gas deals signed at EGYPS 2020
Yamama Cement turns profitable in 2019; plans 5% dividends
EGX’s indices show mixed performance on Tuesday
Al Salam Group turns to loss in 2019 initial financials
Fawaz Alhokair profits rise 40% in Q4
Yiaco Medical finalises KWD 16.5m capital cut procedures
Dice reveals estimated sales for 2019
UAE bans tobacco, e-cigarette plugs without digital tax stamps
Abu Dhabi National Takaful sees AED 72m net profits in 2019
Egypt posts budget deficit of EGP 236.7bn in H1-19/20
Jazeera Airways’ profit skyrockets 124% in 2019; dividends proposed
Oriental Weavers’ 2 units sign deal to settle export subsidy payments
ADX witnesses downward performance on Tuesday
Vezeeta raises $40m in Series D funding round led by Gulf Capital
Burgan Drilling’s profits plunge 56% in 9M-19/20
Saudi Industrial Production Index down 2.6% in December
DFM down on Tuesday; market cap reaches AED 378.29bn
Eshraq Investments posts AED 11m net losses in 2019
Sulaiman Al Habib Medical Group sets price range for IPO
Kuwaiti indices mixed on Tuesday for 2nd session in row
Arab Cotton Ginning’s profit down 74% in H1-19/20 unaudited standalone financials
Foreign investments in Egypt’s petroleum sector hit EGP 1trn
Sumou Real Estate publishes offering prospectus
Zahraa Maadi’s profit rises 16% in 2019; dividends proposed
Kuwait’s oil slides to $55.07 pb on Monday – KPC
Tadawul suspends trading SARCO
Egypt Gas’ profit jumps 369% in 2019 unaudited financials; dividends proposed
Heliopolis Housing nods to bonus, EGP 222.5m capital hike
Dice plans to invest EGP 150m in new assets
EIB offers EUR 120m funding for sanitation improvement in Alexandria
Dice signs deal to settle EGP 130m in overdue export subsidies
Kuwait cuts March oil prices to Asia by $0.6
Egypt’s annual core inflation accelerates to 2.7% in January – CBE
Bank Albilad plans 5% dividends for H2-19
Damac Properties swings to loss in 2019 preliminary financials
Al Rajhi profits grow 170% in 2019
ADNIC logs AED 284m net profits in 2019
Kuwait’s foreign reserves at $39.9bn by end of 2019
Riyad Bank creates $3bn Sukuk programme
First Takaful predicts earnings from exiting Turkey’s Neova Sigorta
Famco UAE launches first uptime Volvo centre in Middle East
NCLE acquires Al Khawarzmi Education in SAR 30m deal
Zain KSA announces 28% capital cut
Egyptian pound records highest level in 3 years
TASI closes Monday in green
Etihad Cargo partners with WebCargo for digital air cargo expansion
DMCC, Al Khaleej Sugar, Universa team up to develop sugar trade
Fine evaluates 4 locations for a new paper mill
SAPAC to build 20-km fence for Qiddiya
Khaleeji Commercial Bank turns to BHD 15m loss in 2019
Egypt leaps 6 spots in Agility’s 2020 emerging markets logistics index
CBI’s net profits fall to AED 111m in 2019
Agthia records AED 137m net profits in 2019
Egypt inks new oil, gas exploration deal with Wintershall Dea
GACA signs contract for new Al Baha airport
KfW’s investments in Egypt hit EUR 1.1bn
ADX maintains upward performance on Monday
King Salman receives GCC Secretary General
DFM up on Monday; market cap reaches AED 380.13bn
Bahrain begins chairing FGCCC
Kuwaiti indices close Monday mixed; turnover exceeds KWD 30m
Air Arabia’s net profits records AED 1bn in 2019; dividends proposed
Hussein Abu Saada named CEO of Egyptian Resorts Co
Kahira Pharmaceuticals posts 29% profit hike in H1-19/20 unaudited financials