Latest news

Date Title
Banks boost ADX in January’s 3rd week
DFM adds 80 pts in week
Moody's affirms KIPCO's ratings at Baa3; Outlook revised to negative
TASI ends 114 pts higher in week; Aramco stands at SAR 34.6
Boursa Kuwait’s indices go up in week; Market cap gains KWD 679m
Bahrain Bourse gains over 42 pts in week
Egypt sells EGP 25.5bn T-bills on Thursday
CBE holds interest rates steady
Mashrou'ak initiative finances 5,615 projects in Kafr El-Sheikh
Egyptian economy to flourish in 2020 – Renaissance Capital
EBRD invests EUR 1.2bn in Egypt in 2019
Speed Medical signs MoU with El Dakhakhny Laboratories
Faisal Islamic Bank posts EGP 2.7bn standalone profit in 2019
Egypt-World Bank Group cooperation portfolio totals $8bn
CMA approves Tihama’s capital hike request
WiSER forum highlights digitalisation’s role in women empowerment
EGX’s indices end higher Thursday as investors await CBE take on interest
Tadawul closes Thursday in green
CBE may keep interest rates unchanged today – SHUAA
DoE boosts sustainable energy via IRENA’s deal, new innovation platform
Saudi Aramco planning for more oil expansion - GlobalData
ACIG board recommends 29.5% capital cut
Saudi embassy denies claims on free Hajj, Umrah trips
Maharah Human Resources appoints new CEO
France seeks to join East Med Gas Forum
Gulf Navigation’s board agrees on AED 125m Sukuk issue
Boursa Kuwait closes Thursday on collective decline
ADX ends Thursday higher; liquidity totals AED 170m
Egypt-Germany cooperation portfolio hits EUR 1.7bn – Minister
DFM closes Thursday in green; turnover hits AED 309.7m
Egypt allocates additional EGP 2bn for road pavement in governorates
Mohandes Insurance sees EGP 104m block trade on Thursday
Abu Dhabi Aviation to open trading for foreigners
Cairo Investment borrows EGP 100m from Ahli United Bank
Egypt’s GAFI approves 20 projects with $78m investments in 5M
G20 Summit to boost Saudi economic growth - Jadwa Investment
M&A Brief of the Week
MSC, SAGIA sign SAR 2.9bn cooperation agreements
Deem, Mastercard pen agreement to offer 6 new card products
Masdar, France's EDF Group set up energy services JV
Suez Canal Technology logs EGP 183m profit in Q1-19/20
KGL’s unit offers lowest bids in KWD 7.9m tender
CBE issues EGP 20.5bn T-bills on Thursday
ADIA may sell $2bn stake in private-equity funds
Egypt’s cabinet releases mining law regulations
Financial Stability Forum discusses Saudi growth, development
Aldrees fined for selling adulterated petroleum products
DSI confirms news on former CEO arrested in Jordan
Egypt’s iron, cement exports hit $777m in 11M
Egypt's Infinity Energy secures $60m funding from EBRD
GFH’s shares on Boursa Kuwait reclassified to main market
Mulkia Gulf REIT to distribute SAR 0.17/unit
Al Ramz Corporation acquires Shuaa Capital's market‐making business
GFH confirms Reuters news on $500m Sukuk issue
Cairo Investment’s profit hits EGP 109m in Q1-19/20
Bee’ah partners with Unilever Gulf to build new plastic recycling facility
Egyptian chemicals, fertilisers exports total $4.76bn in 11M/19
Etihad Airways aims to cut 100% of carbon emissions by 2050
NBE pumps EGP 8bn into 18k agricultural projects
Egyptian gov’t tenders EGP 2.5bn logistics area in El Wadi El Gedid
EG Bank to distribute bonus shares early February
Musanada builds AED 119m rainwater disposal project in Al Ain
UK’s EasyJet resumes flights to Sharm El Sheikh
Saudi CMA approves clearing center rules
Egypt’s SWF, Hassan Allam ink MoU for investments in utilities
UAE to save AED 11bn on adopting blockchain technology
EGX’s indices settle higher on Wednesday
Egypt’s FRA suspends three companies for 30 days
Masdar, Cepsa to form JV for renewable energy projects in Europe
Saudi CMA approves derivatives trading rules
Egypt’s HOTAC registers EGP 987m consolidated profit in FY18/19
Wafrah appoints financial advisor for capital decrease
Tadawul closes Wednesday in red
Riyadh Economic Forum to be held next week
Germany’s KfW, EU provide EUR 49.5m funding to Egypt’s MSMEDA
Iron prices to further decline as EGP levels up
Boursa Kuwait’s indices end Wednesday mixed
ADX maintains upward performance on Wednesday
NBE denies hacking of e-payment systems
DFM’s main index closes Wednesday in green
UAE-Hong Kong foreign trade valued $9.76bn in 2018
KNPC exports first low-sulfur diesel shipment
Saudi Arabia to host Marketing Innovation Forum in April
Fawry to subscribe to unit’s EGP 35m capital raise
Tabreed sets up new energy services company
ADPower sets up new energy service firm
JPMorgan assigns Aramco overweight rating; SAR 37/shr PT
Endeavour ends merger talks with Centmain
QNB Al Ahli logs EGP 8.5bn profit in 2019; dividends proposed
Heliopolis Housing extends deadline for bid submissions
Masdar, PLN to develop first floating solar plant in Indonesia
Qena’s micro, small enterprises secure EGP 244m funding in 2019
Jazadco plans expanding aquaculture sector with local partners
Masdar acquires 40% stake in Australian WTE facility
Oman & Emirates Investment reports OMR 1.4m losses in 2019
UAE energy ministry inks 3 contracts at WFES
Masdar plans to expand in Egypt, US – CEO
Industrial Development Bank records EGP 512m profit in 2019
Egypt tops orange exporters to China
Egyptian pound among world’s best performing currencies – Bloomberg