Latest news

Date Title
Egypt suspends export of alcohol, masks
CMA approves eXtra’s capital hike request
FRA approves Zahraa Maadi's EGP 132m capital hike
Arabian Centres approves $1bn sukuk
EgyptAir not to halt local, cargo flights
Reacap gets FRA’s approval to raise issued capital
Aldar launches AED 100m programmes
Kuwait donates $40m to WHO, offers assistance to 3 countries
EGX extends losing streak at Tuesday’s close despite rate cut
Egypt expected to cancel EGP 9.9bn loans under CBE’s initiative
Rate cut to inject EGP 100bn into market – Banking official
Kuwait’s crude oil slides to $32.16 pb on Monday – KPC
stc posts SAR 10.7bn profits, plans SAR 300m share repurchase
National Industries posts 8% profit rise in 2019; dividends proposed
Saudi Arabia’s US Treasury holdings up to 5-month high in January
Aqar Real Estate receives KWD 2m credit facilities
NBK to distribute dividends on 30 March
Kuwaiti indices close Tuesday on mixed note
ZonesCorp attracts AED 350m investments in 2020
Egypt's tourism sector to incur $1bn monthly losses on flight suspension
Egypt allocates EGP 242bn for women in 18M
Kuwait’s oil revenues down 17% in 11M
ADX down on Tuesday; market cap records AED 365.2bn
Saudi Arabia reports 15 coronavirus cases
DFM ends Tuesday’s session on negative note
Telecom Egypt raises internet bundles by 20% to support e-learning
Saudi CMA suspends personal attendance in general meetings
Dubai Holding, Meraas launch AED 1bn economic relief package
Beltone to set up new company with EGP 30m capital
Juhayna’s shareholders approve EGP 0.20/shr dividend for 2019
CBUAE’s foreign assets hit AED 406bn in February
Egypt calls on taxpayers to submit disclosures online
National Gypsum to distribute SAR 0.35/shr
Beltone’s losses widen 11% in 2019
Egypt Gas completes transferring stake in Town Gas
Sulaiman Al Habib Group joins Tadawul
Egypt raises holdings of US Treasuries in January for 4th straight month
Coronavirus infections in Kuwait rise to 130
NBE lowers interest rate on variable-rate certificates
Emirates, flydubai suspend 16 flight routes
Egypt detects 40 new coronavirus cases
Boursa Kuwait to close on Al Israa and Al Miraj holiday
CBE extends loan repayment period
CBE drops cash cover requirement for key food products for a year
UAE’s holdings of US treasury bonds down 2.3% MoM in January
Kuwait’s holdings of treasury bonds down 3% in January
CBE delivers surprise 3% interest rate cut
Shuaa Capital sees AED 47m profits in 2019
Kuwait C. bank sells KWD 200m bonds; oversubscribed 13.58 times
Livestock Transport wins KWD 4.5m tender
Egypt denies COVID-19 cases are in the thousands
EGX30 ends Monday 7.9% lower; market cap shrinks EGP 32.3bn
TASI closes below 6,000 pts for first time in 3.5 years
Egypt to reduce gov’t staff to curb COVID-19 outbreak
KSA declares additional measures against coronavirus
Egypt may incur EGP 2.25bn loss as all flights halted until end-March
Egypt’s textile exports fall to $257m in January
United Housing’s profit grows 26% in 2019
Kuwait C. bank issues KWD 290m bonds, tawarruq
CBUAE lowers interest rates by 75 bps
Emerald sees EGP 63.8m block trading deal
Hadisolb aims to cut losses to EGP 388m in FY20/21
CIB’s shareholders approve issuing financial instruments
Saudi Arabia cuts interest rates by 75 bps
ADX falls by 7.8% on Monday; market cap at AED 385.6bn
DFM closes Monday on negative note
Boursa Kuwait closes Monday down; turnover up 8%
Coronavirus cases in Saudi Arabia reach 118
Kuwait C. bank slashes main interest rate to record low
Egypt nears completion of 1st tower in new capital’s business district
Wafrah narrows annual losses, plans 61% capital cut
First Beirut-bound evacuation flight to depart from Kuwait
Maharah Human Resources achieves SAR 272m profits in 2019
Burgan Bank plans to sell 52% stake in Bank of Baghdad
CBE offers EGP 18.5bn T-bills, bonds on Monday
Securities House finalises legal procedures for merger with Al Aman
Tabreed’s OGM approves AED 0.105/shr dividends for 2019
Yansab approves SAR 1.75/shr dividends
CIB’s shareholders approve 2019’s dividend, bonus shares
Ma’aden appoints new CEO
Kuwait Cable Vision cancels request to delist from Boursa Kuwait
Abu Dhabi introduces 16 economic initiatives amid COVID-19 outbreak
EGX executes block trading deal on Pioneers Holding
Kuwait records 11 new coronavirus cases; toll reaches 123
Egypt allocates EGP 100m for those affected by storm damage
CBE sells EGP 10.6bn T-bills amid higher yields
KCPC profit up 17% in 2019; dividends, bonus shares proposed
Egypt reports 16 new coronavirus cases
Investcorp takes over Coca-Cola Belgium HQ for EUR 88m
Egypt achieves EGP 38bn primary surplus in 8M
DFM closes trading hall to contain coronavirus
DIB’s OGM approves 35% dividends for 2019
Al Enmaa Real Estate’s earnings shrink 71% in Q1-19/20
ADNIC shareholders approve 30% cash dividends
Warba Capital posts 29% lower losses in H1-19/20
Dubai’s CPI down 1.2% in February
Saudi Arabia reports third COVID-19 recovery
Kuwait orders restaurants not to serve more than five at a time
EGX30 plunges 9.3% at Sunday’s close on foreign sell-offs
MaCeen Capital license suspension ends – CMA