Latest news

Date Title
Egypt reports 145 new coronavirus cases
Saudi government extends curfew
Umm Al Qaiwain General Investment nods to AED 0.5/shr dividends for 2019
Tadawul approves moving Arab Sea to main market
CMA approves AlJazira Sukuk Fund
Emirates Airlines to resume limited passenger flights Sunday
Alargan’s earnings up 42% in 2019
Egypt’s core inflation steady at 1.9% in March – CBE
Saudi Arabia's COVID-19 cases hit 3,287
EGX gains EGP 4bn in market cap at Thursday’s close
Boursa Kuwait falls in week; market cap loses KWD 603m
Abu Dhabi Investment Office injects $100m in AgTech companies
Fitch affirms Saudi Arabia's rating at 'A'; outlook stable
HEISCO renews tender deal with KOC by KWD 6.5m
ADX ends Thursday's session in green
IFA Hotels’ losses up 17% in 2019
TASI hits highest level since 5 March at Thursday's close
Boursa Kuwait down on Thursday
DFM up on Thursday; market cap gains AED 6.46bn
Investcorp takes over Germany’s Avira for $180m
GB Auto freezes CAPEX plans on COVID-19
Coronavirus cases in Kuwait up at 910
Emirates REIT sees 9.7% lower net asset value in 2019
Saudi industrial production index drops 5.7% YoY in February
MSCI postpones Kuwait’s inclusion in MSCI EM Index on COVID-19
Egypt’s annual headline inflation registers 4.6% in March
Egypt confirms 110 new coronavirus cases
Alinma Bank's EGM approves capital increase via bonus issue
Kuwait’s crude oil falls to $19.74 pb on Wednesday - KPC
M&A Brief of the Week
Julphar to extinguish accumulated losses via capital cut
Kuwait's public tender agency lifts sanctions on Combined Group
Deyaar's OGM agrees on capital reduction to AED 4.5bn
Coast Investment’s profit plunges 59% in 2019
Mezzan’s earnings down 19% in 2019; dividends proposed
Mabanee approves FY19 dividends
EFG Hermes issues EGP 2bn Sukuk for Talaat Moustafa’s unit
Tenants at Al Kout Mall, Souq Al Kout exempt from rent during lockdown
EGX ends Wednesday in green amid heavy liquidity
COVID-19 cases reach 2,659 in UAE
Egypt’s gold reserves drop to $3.518bn in March
Limak İnşaat says works at Kuwait Airport Terminal 2 in progress
Saudi Arabia reports 137 new COVID-19 cases
Egypt defers utility payments for tourism, airline companies
Egypt's ministers to take 20% salary cut for 3 months
Egypt extends curfew for 2 more weeks
Privatization Holding’s losses down 83% in 2019
ADX down on Wednesday; market cap loses AED 5.12bn
Boursa Kuwait closes Wednesday on mixed note
TASI ends Wednesday up for 7th session in row
Educational Holding posts 14% higher profit in H1-19/20
AIH’s profit rises 13% in 2019
DFM loses 18 pts on Wednesday
Al Ezz Dekheila Steel raises capital to EGP 1.95bn
Cairo Three A offers to buy Egyptian Starch & Glucose at EGP 8.5/shr
Kuwait records 112 new COVID-19 infections
flydubai uses 6 passenger aircraft for all-cargo flights
ABK sees minor impact from NMC exposure
Egypt’s FRA approves 1st Sukuk issuance on EGX at EGP 2bn
Dana Gas' sale of Egypt assets still under review
Egypt’s foreign reserves fall $5.4bn in March
Egypt reports 128 new coronavirus cases
Saudi Clay Pipes extends MoU to acquire 75% of Advanced Piping
Kuwait’s crude oil dips to $21.20 pb on Tuesday - KPC
Arabtec Holding appoints new CEO
Boursa Kuwait resumes trading on Burgan Drilling
Jiyad Holdings' profits edge down 1% in 2019
Egypt to disburse 30% of due export subsidies
EGX gains EGP 15.4bn in market cap at Tuesday’s close
Fitch keeps Kuwait's rating at 'AA' with stable outlook
Saudi Arabia registers 2,795 coronavirus cases to date
UAE banks see AED 2.8trn fund transfers in Q1-20
CBE scraps blacklists of loan defaulters
Al Imtiaz Investment, Oula Fuel cancel FY19 dividends
Kamco Invest exits Abbott Laboratories Nutritional HQ in Ohio
Almarai's board agrees on investing SAR 275m in poultry sector
ADX extends gains on Tuesday
Kuwaiti indices show mixed performance on Tuesday for 3rd session in row
TASI up on Tuesday with SAR 5.3bn turnover
DFM up on Tuesday for 2nd session in row
Warba Bank may see minor impact from NMC exposure
KIB says impact of NMC exposure is insignificant
Elsewedy-Saipem-Salcef consortium wins Abu Tartour-Qena rail upgrade contract
Kuwait's coronavirus case count rises to 743
National Shooting’s losses more than septuple in 2019
ABK announces exposure to NMC Healthcare
Biofuel project in Al Ahmadi Refinery finalised - KNPC
Egypt’s tourism businesses get 6-month real estate tax exemption
TAQA's board approves acquisition of ADPower's water, electricity assets
KSA imposes 24-hour curfew in Riyadh, other cities to curb COVID-19 outbreak
NBE’s profit exceeds EGP 20bn end-June 2019
Egypt detects 149 new coronavirus cases
Yamama Cement's OGM agrees on SAR 0.50/shr dividends for 2019
Saudi CMA extends financial results' disclosure period
Kuwait’s crude oil inches up 82 cents pb on Monday – KPC
NBK’s exposure to NMC Healthcare tops $91m
Kuwait extends public holiday 2 more weeks, isolates 2 cities over coronavirus
Mastercard raises contactless payment limits in MEA
EGX ends Monday in green on local purchases
GFH's shareholders agree on $30m dividends for 2019