Latest news

Date Title
Middle East’s renewable energy targets face obstacles - GlobalData
Ream Real Estate to reschedule KWD 6m debt with Warba Bank
Raya Holding gets 12 offers for stake sale in Aman Holding
Kuwait oil slips to $65.66 pb on Wednesday – KPC
Cairo Investment in talks to build new German schools in Egypt
Al Sorayai’s shareholders approve SAR 112.6m capital increase
GO’s board agrees SAR 122m capital cut to amortise losses
DIB completes takeover of Noor Bank
Yansab’s profit shrinks to SAR 1.09bn in 2019
Al Imtiaz Investment records KWD 19.7m profit in 2019; dividends proposed
FAB in talks to acquire Bank Audi’s unit in Egypt
Emirati investments in Egypt exceed AED 26.5bn
AOI signs MoUs with Romanian companies
Banque Misr considers investing EGP 4bn in SMEs over 6M
United Bank guarantees EGP 305m securitisation deal for MNHD
Mumtalakat receives $4bn orders for $500m sukuk
Namaa for Development launches EGP 2bn project in New Administrative Capital
Ajman Free Zone inks MoU with Mashreq Bank
EFIC’s unit exports $29m goods in 2019
Delta Mills’ profit goes down 13% YoY in H1-19/20
Egyptian gov’t pumps EGP 27.5bn into healthcare in FY19/20
Petro Rabigh’s board approves resignation of chairman
Takween names Ali Al Jameel as CEO
UAE gov’t revenues exceed AED 56bn in 2018
Another IPO remains an option for Aramco – Minister
Extracted Oils’ profit plummets 77% YoY in H1-19/20
stc to distribute SAR 1/shr dividends
EGX’s indices settle higher on Wednesday
Ukrainian gov’t expresses interest in Hadisolb’s project
Alafco recieves last tranche of $600m Murabaha facility
stc posts marginal decrease in annual profits for 2019
Etisalat tops most valuable consumer brands in MEA
TASI closes Wednesday in red for second day in row
Cairo Investment seeks exemption from 20% foreign ownership cap
Nile Pharma turns profitable in H1-19/20 unaudited financials
DFM closes Wednesday down 0.2%
Integrated Logistics signs KWD 3.5m deal for BAPCO refinery
Egypt plans to build $500m multi-purpose terminal at Safaga port
Small businesses dominate 97.6% of Saudi private sector
MBRIF adds 11 new businesses to Accelerator programme
ADX closes Wednesday on high note; market cap gains AED 5.4bn
Boursa Kuwait closes Wednesday in red; turnover shrinks 22.8%
Eastern Province to integrate waste management, recycling
Saudi banks enjoy high solvency - Alinma CEO
ADNOC breaks $10bn mark as UAE's most valuable brand
Dalqan Real Estate’s general manger resigns
Aramco agrees LNG sale to S-Oil
Egypt executes EGP 1.5bn New Borg El-Arab development plan
Saudi wholesale prices up 0.4% in December
Kuwait’s bank deposits up to KWD 43.6bn in November 2019 – KFH report
Abu Dhabi Investment Office invests AED 60m in new innovative startups
Saudi Arabia issues $5bn int’l bonds
UK’s Matalan, GSK ink deals to invest GBP 30m in Egypt
Egypt Gas to contribute $6m to setting up new company
SPM appoints new CEO
Samba to issue USD-denominated Eurobonds
Mubadala Petroleum completes farmout in 2 Indonesian blocks
National Investor’s shareholders approve AED 200m capital cut
Kuwait’s oil revenues down to KWD 11.58bn in 9M-19/20
GFH raises $300m in Sukuk issuance; oversubscribed 2.5 times
Egypt gov’t to open EGP 2.66bn projects in Minya
World Bank provides $200m finance to Egyptian SMEs
Proceeds from Aramco’s IPO to finance industries in Saudi Arabia
Egyptian gov’t to support tourism investors with EGP 300m
Bahraini economy to grow 2.3% in 2020
Abu Dhabi’s CPI falls 0.8% YoY in 2019
SRC buys SAR 250m mortgage portfolio from Bank Aljazira
Palm Hills signs EGP 505m facility agreement with AUB Egypt
MoneyGram joins forces with LuLu Money to boost Asia-Pacific expansion
Misr Hotels’ profit shrinks 5.6% YoY in H1-19/20
Faisal Islamic Bank’s business records EGP 108.3bn in Dec. 2019
Sidra Capital in talks to acquire London’s Ritz Hotel
Emaar Properties partners with Xiaomi to develop smart homes
TASI down 0.29% at Tuesday’s close
Yiaco Medical’s shareholders approve loss amortisation, capital cut
FTA establishes new platform for VAT refund on new homes
stc agrees KWD 40m agreement with NBK
Low revenues weigh on Kuwait’s budget deficit in 9M-19/20
Fuel delivery app CAFU expands int’l business to Oman
Egyptian banks grant EGP 1.85trln loans in FY18/19
Egypt's gov’t builds 437k residential units in 2019
Egypt’s financial leasing firms ink contracts at EGP 55.9bn in 2019
Kuwaiti indices close Tuesday mixed; turnover up to KWD 44.7m
Egypt’s bank deposits hit EGP 3.99trln in FY18/19 – CAPMAS
ADX down 0.55% on Tuesday
DFM regains upward performance on Tuesday
Kuwait’s 2020 budget not giving optimism to firms – GlobalData
Dubai property market likely to recover in 2020 - Seven Tides
Hilton plans to continue expanding in Saudi Arabia
Egypt's housing ministry spends EGP 60bn on social housing units
Arqaam Capital revises Saudi RE TP to SAR 11/shr
Beltone’s rights issue 90.8% covered
Saudi inflation up 0.1% in December
STC Solutions launches ‘Sign’ to offer accredited digital signing in KSA
US tech firms top traded stocks for UAE in 2019 - Saxo Bank
IMF forecasts Saudi economy to grow 1.9% in 2020
DM Development to launch New Cairo, North Coast projects at EGP 3bn in FY21/22
SAGIA inks $164m factory MoU with China’s Shen Gong
Egypt’s debt service to drop EGP 280bn annually on lower borrowing costs
SEDCO Capital REIT to distribute dividends next week