Latest news

Date Title
10 Egyptians on Forbes Mideast’s list of powerful businesswomen
Boursa Kuwait closes Thursday in green; turnover down 15%
Dubai National Insurance’s net profits rise to AED 58m in 2019
Lift Slab proposes 150% capital raise
ADX up on Thursday; market cap records AED 532.15bn
MENA’s PR industry likely to double current $1bn value by 2030
KFH to change AUB’s name to ‘KFH Bahrain’ following merger
Nozha International Hospital proposes capital raise via bonus issue
Delta Insurance’s profit jumps 51% in H1-19/20 unaudited financials
Al Habtoor to inaugurate new original office in Hungary
ITFC allocates $1.1bn funding to Egypt’s energy, internal trade in 2020
Boursa Kuwait to launch new 'BK Main 50 Index' Sunday
Egypt-Switzerland cooperation portfolio hits EUR 48m
Kuwaiti crude down $0.29 Wednesday; global futures rise
Lower sales weigh on Arab Engineering Industries’ profit in 2019
Saudi Arabia bans all travel to China over coronavirus outbreak
KFIC inks KWD 1.5m term loan deal
Saudi Cement plans 20% dividends
CBD logs 20.5% higher net profits in 2019
United Real Estate signs KWD 38m credit facility agreements
CBE offers EGP 20.5bn T-bills on Thursday
First Takaful Insurance to sell stake in Turkish affiliate
ADFD funds AED 24.6bn projects in Africa
EGYCOPP opens new branch in Nairobi
Al Rajhi Capital cuts Almarai’s TP, remains ‘Neutral’ on stock
Egypt considers investing over EGP 1.63bn to build youth centres
Egypt gov’t consents to MoU with ACWA Power
Egypt plans to launch EGP 175bn road projects
Saudi Sulaiman Al-Habib Medical reveals IPO details
Egyptian Cabinet approves $2.9m grant from S. Korea
Banque Saudi Fransi annual profits surge 122%
Deem Finance partners with Network International to issue new credit cards
Batelco teams up with du to launch 5G int’l roaming in UAE
EGX’s indices settle higher on Wednesday
Al Suhaimi named Tadawul chairwoman for new term
Castle Development inks agreement for EGP 750m project
Dubai Insurance FY19 profits grow to AED 76m
TAQA’s profit slides 41% in 2019 unaudited financials
Egyptian banks ripe and ready for acquisitions – Bloomberg
Tadawul closes Wednesday in red
Tadawul could see three IPOs in H1 – Report
Egypt in talks with Bombardier to build new factory
KFH officially submits acquisition offer to AUB
Egyptian gov’t procures drug for rare disease affecting children
ENOC aims to open 22 new service stations in UAE in 2020
KGL’s unit offers lowest bids for KWD 5m tender by KIPIC
NEOM to be world’s first city offering digital healthcare – CEO
Misr Italia Properties 1st to deliver projects in new capital
Kuwaiti indices slid on Wednesday; turnover up 8.4%
ADX falls on Wednesday amid AED 233.5m turnover
DFM closes Wednesday higher
Egypt’s textile exports exceed $3bn in 2019
Kuwait says no official ban on Chinese imports recommended to date
EG Bank logs EGP 658m profit in 2019; dividends proposed
ADX teams up with FTSE Russell for tailored domestic indices
mada carries out 38m transactions through 6m cards in 2019
Egypt, Singapore trade exchange hits $1bn
SAMA presents draft bancassurance rules
Kuwait’s trade surplus hits KWD 679m in October; down 14.2% in 10M-19
Telecom Egypt to hire bank to study Vodafone stake sale option
Alujain shareholders approve changing name, activity
Amwal International’s profits dip 20% in 2019; no dividends proposed
Mulkia Gulf REIT raises capital by 13.5%
Arabian Centres profits down 60% in 3M
NBE cuts interest rates on personal loans, Murabaha by 1%
Nozha International Hospital gets licence to build new hospital in New Cairo
Kuwait oil plummets $1.25 on Tuesday – KPC
Zakat, operating income double Bank Albilad profits in 2019
RAKBANK’s net profit rises 19% in 2019; dividends proposed
Investcorp announces solid profit; AUM grow to $31.1bn in 6M
Zain KSA posts 46% growth in annual profit for 2019
Osos Holding’s 2019 profits up 15%; dividends proposed
Al Rajhi Capital sets Sadafco’s TP at SAR 164
Saudi PIF sells over 99% of shares in Tesla
UAE registers 11,000 Japanese brands
Saudi competition authority approves NCLE acquisition of 2 companies
Abu Dhabi National Hotels posts AED 253m profit in 2019; dividends proposed
CMA approves Falcom Gold Fund offering
Abu Dhabi Aviation reports AED 246m profit in 2019
CMA approves GO capital cut
BLOM Bank denies exiting Egyptian market
Cybersecurity essential to energy sector – Aramco CEO
Abu Dhabi banking giant ADCB exits Jersey
TASI closes Tuesday in green
Egyptian-Swiss trade amounts to $917m in 2019
Etisalat teams up with Microsoft to develop new digital platform
Kuwait-Italy trade exchange hikes to $1.6bn in 2018
Saudi Arabia launches Global Cybersecurity Forum
EGX ends Tuesday mixed; market cap loses EGP 2.4bn
Human Soft sees 14% higher profit in 2019; dividends proposed
UAE’s PMIs lower to 49.3 pts in January – Emirates NBD
Arab Dairy signs deal to obtain EGP 113m in export subsidy arrears
Egypt’s transport ministry builds EGP 2.2bn roads in 2019
Dubai Investments logs AED 657.5m net profits in 2019
Egypt, Sudan trade exchange records $648m in 9M-19
Mohandes Insurance’s net profits up 16% in H1 FY19/20
Banque Misr to offer 45% stake in Banque du Caire in H1-20
DSI’s unit finalises AED 271m major projects in Kuwait
ADX sees upward performance on Tuesday
Boursa Kuwait shows mixed performance on Tuesday