Latest news

Date Title
AfDB approves $22m loan to Corplease
Qurain Petrochemical’s profit slid to KWD 14.3m in 9M-19
CI Capital plans two IPOs; raises assets to EGP 9.2bn
Boursa Kuwait up on Wednesday; turnover tops KWD 58m
ADX closes Wednesday lower; market cap loses AED 1.08bn
DFM up on Wednesday; market cap rises to AED 383.84bn
Saudi FDI in Egypt down 43% in 3M
Investments in GCC healthcare sector seen strong on $70bn estimated market value
UAE banks raise investments in bonds to AED 246bn in December
No extra costs on e-payments for gov’t services – Minister
NBK unveils 1st contactless payment solution in Kuwait
EFG Hermes closes UBL acquisition deal in Tanzania
SABIC profits fall to SAR 5.6bn in 2019
Egypt ministry to issue decrees for new cities’ projects
NCB reports 18.8% higher annual profits for 2019
UAE reports first coronavirus case in Middle East
Saudi Electricity profits down 19.5% in 2019
Nozha International Hospital’s net profits jump 40% in 2019
Kuwait’s CMA nods to Abyaar’s withdrawal from Boursa Kuwait
ENBD REIT’s posts $246m NAV in Q3-19
Kuwait oil crude down to $60.15 pb on Tuesday – KPC
stc signs MoU to acquire Vodafone Egypt for $2.4bn
United Real Estate names new CEO
United Real Estate’s unit inks KWD 43m loan deal
Egyptian-Tunisian trade grows by $100m in 2019
Uber Egypt considers incorporating taxis in its services
Raya Holding receives 24 acquisition offers for subsidiary
Egypt to build 3,000 fast charging stations in three years
Saudi general reserve levels down by 4% YoY in 2019
Expats’ remittances in Saudi Arabia shrink to SAR 125.53bn in 2019
Air Liquide Arabia to supply hydrogen to Saudi Aramco
Egypt’s annual tourism revenue may reach $30bn in five years
CI Ratings affirms EBE’s ratings; Outlook stable
Emirati Bee’ah wins waste management contract in Egypt’s new capital
World Bank Group launches initiative for SMEs in MENA
Polaris group targets EGP 2.4bn investments for project in Egypt
KFH’s provisions rise to KWD 647.6m in 2019
UAE, Kuwait sign MoU to promote aviation
Phase III of Cairo Metro’s 3rd line costs EGP 97bn – Minister
GO appoints financial advisor for capital cut
Tabreed plans to enter new markets in Middle East – CEO
KFH targets KWD 100m exits in 2020 - CEO
SAMA launches Investment Immersion Program
DIFC creates new digital platform for facilitating businesses
Tadawul prolongs losing streak; closes Tuesday in red
EGX ends Tuesday in red on Arab, foreign sell-offs
Kamco extends credit facility deal with local bank
Marriott to bring iconic brand to Egypt’s New Administrative Capital
IDA asks finance ministry to arrange EGP 10bn for industrial zone development
stc launches region's first self-driving 5G bus
UAE’s non-oil trade up 7% YoY in Q1-19
FRA chairman overviews Egypt’s non-banking financial market in 2019
Saudi-French Business Forum launches in Riyadh
ADX up on Tuesday; market cap reaches AED 538.56bn
Egypt ranks 3rd in MSCI Emerging Markets Index in 2019 – FRA chairman
DFM regains positive performance on Tuesday
Kuwaiti indices up on Tuesday; turnover hits KWD 43m
Nasr for Civil Works' indicators show 22% profit drop in 2019; dividends proposed
Jabal Omar Development chairman resigns
CIAF Leasing, Talaat Moustafa to issue sukuk in 3 months
Petrochem profits decline by 42% in 2019
SIIG profits down 30% in 2019
Delta Sugar’s profit dips 83% in 2019 unaudited financials
KCPC to execute KWD 15m public maintenance works via deal
Raya Holding to appeal against EGP 110m fine
Waha Capital suffers AED 616mn loss in 2019 unaudited financials
AT Lease obtains factoring licence
Shareholders approve Walaa Cooperative, MetLife merger
Boubyan Bank raises stake in BLME Holdings to 67%
Egypt inks 2 oil, gas deals with $332m investments
Tabreed posts 11% growth in net profits during 2019
FAB sees 4% higher net profits in 2019
First Dubai’s profits down 69% in 2019
Jazeera Airways signs $1.3bn service agreement for A320neo planes
Saudi Enaya signs insurance contract with IMC
Kuwait C. bank sells KWD 200m bonds; oversubscribed 13.8 times
Burgan Bank gets approval for selling stake in Bank of Baghdad
ADCB proposes AED 2.64bn cash dividend in 2019
TASI down 1.8% at Monday’s close
Tadawul approves listing SAR 715m gov’t debt
SABB Takaful fined for late disclosure
AlAhli REIT appoints new operator of AlAndalus Mall
Kuwait may need KWD 55bn financing over 6 yrs – IMF
Port Said Customs collects EGP 3.2bn dues in December 2019
ADX decreases on Monday; market cap down AED 5.42bn
DFM down on Monday; market cap declines AED 2.58bn
Mountain View targets EGP 8bn contractual sales in 2020
Real Estate Egyptian Consortium’s profit hikes 257% in 2019 unaudited financials
Boursa Kuwait ends Monday in red
UD Trucks spurs regional growth on new partner in Saudi Arabia
Containers in Saudi ports up 8% in year - Mawani
Saudi Arabia closes January Sukuk issuance
Egypt's external debt service totals $2.9bn in Q1-19/20
Egypt’s local debt dips EGP 102.8bn in Q1-19/20
CBE offers EGP 6.75bn T-bonds on Monday
Saudi Arabia monitors impact of coronavirus outbreak on oil market
Al Baraka Bank – Egypt eyes EGP 3.3bn funding to national projects by 2023
KFH logs 10.4% higher annual profits in 2019; dividends approved
ADCB’s net profits down 14% in 2019
Dice denies merger reports