Latest news

Date Title
Jarir Bookstore opens in Medina Airport
Aramco allocates 450m shares to IPO investors
DMCC welcomes 2,000 new companies to Dubai in 2019
Taleem REIT Fund to distribute SAR 0.16/unit
CBE issues EGP 14.5bn T-bills on Sunday
ADFD allocates $105m for renewable energy projects
Jordan attracts over $5bn clean energy investments
Sino-Egyptian trade to grow over 24% YoY
Dubai welcomes 4.74m European tourists in 11M/19
ACWA Power to pump $10bn investments in 2020 – CEO
Aramco’s corporate venturing unit to start $500m fund
DXB cancels, delays flights on bad weather
Egypt’s Ras Bakr-Asyut LPG pipeline enters into operation
IRENA’s 10th session starts Saturday in Abu Dhabi
ADX levels down by more than 20 pts in week
Geopolitics weighs on EGX’s indices in week
Bahrain Bourse closes 15 pts lower in week
DFM loses AED 1.16bn in 2020’s first week
Ten reasons for confidence in Dubai’s real estate sector
Boursa Kuwait’s indices shed in week amidst geopolitical tension
TASI sinks over 51 pts in week
Egypt builds 20 desalination plants with EGP 11.13bn investments
AAIB provides EGP 200m loan to Premium International
ACWA Power to build 240MW wind power project in Azerbaijan
Egyptian gov’t allocates EGP 100m to distribute Aman certificates
Egypt’s inflation declines to 2.4% in December 2019
Egypt sells EGP 39.3bn T-bills on Thursday
TASI gains 222 pts at Thursday’s close
Egypt seals $500m deal with Emirati firm for wind power plant
World Bank expects weak economic growth for Kuwait in 3 yrs
Moody’s: 3 factors behind GCC sovereigns’ 2020 negative outlook
Samba’s board recommend SAR 0.7/shr dividends
Egypt gov’t invests EGP 5.64bn in New Minya
Egypt's petroleum ministry approves raising gratuities, loans value
Egyptian Petrochemicals targets EGP 842m investments in FY20/21
Batelco boosts global connectivity solutions via ‘Google Cloud Interconnect’
International Dry Ice’s board approves optional delisting
Egypt’s NUCA plans to pump EGP 44bn investments in 6M
Saudi economy to grow 1.9% in 2020 – World Bank
Local development fund offers EGP 15m loans to small projects
Hadisolb’s sales fall 32.3% in five months
Dana Gas’ business in Kurdistan normal – Official
Boursa Kuwait’s indices collectively rise on Thursday
Bahri expands its footprint in India
Nile City Investment posts 4.7% higher profits in 9M
M&A Brief of the Week
ADX closes Thursday up; market cap adds AED 5bn
DFM ends Thursday in green
Al Delta, Gemco sign EGP 300m contract for foundry project
MNHD logs EGP 6.3bn contractual sales in 2019
Egypt's annual core inflation falls to 6.8% in December
Securities House’s shareholders approve merger with Al Aman
World Bank expects Egyptian economy to grow 6% in FY20/21
Thomas Cook India drives 2020 visitation to Yas Island via Experience Hub’s deal
Levant, North Africa sovereigns' 2020 outlook negative – Moody’s
Clay Pipes plans to acquire 75% of Advanced Piping
International Resorts to withdraw from bourse on Thursday
Saudi Arabia to welcome US, UK, Schengen visa holders
UAE registers 6% higher operating US firms in 2 yrs
SIIG cuts capital of two jointly managed companies
Saudi Cement producers’ sales rise over 24% YoY in December
Standard & Poor's expects decline in Egypt’s debt, unemployment
El Sisi allocates plots in Giza for development projects
Startups in MENA receive $704m funding in 2019 – MAGNiTT
UAE’s ADGM inks cooperation agreement for golden visas
GB Auto’s unit concludes EGP 734m securitised bond offering
AM Best affirms ratings of Misr Insurance Holding’s units; Outlook stable
Abu Dhabi hotels host 4.7m guests in Q4-19
Kuwaiti money supply sheds 0.31% YoY in November
Mubadala Investment sells EUR 850m stake in Italy’s UniCredit
TASI loses 0.91% at Wednesday's close on geopolitical risks
Kuwait’s foreign reserves rise 3.89% in November
CMA approves securities central counterparties regulations
Arzan’s unit changes equity ownership in Hill Top to 25%
Oman Oil Marketing Company launches sultanate’s 1st green service station
Saudi Arabia’s IIP down 4.3% in November – GaStat
Boursa Kuwait’s indices close lower Wednesday on geopolitical turmoil
DFM ends Wednesday in red; turnover reaches AED 163.4m
Dubai’s Empower online transactions up 15% in 2019
ADX down, loses AED 3.73bn market cap on Wednesday
Saudi Customs launch auto-adjustment data program
Egypt gov't to mechanise collection receipts in administrative bodies
Boubyan Bank receives regulatory approval to acquire BLME Holdings
Bank credit in Saudi Arabia up 5.3% in November
Kuwait records KWD 230m real estate deals in October 2019 - KFH
El Shams Pyramids FV set by financial consultant
CBE sells $864.9m T-bills for year-tenor
Subol beneficiaries exceed 56,000 Saudis in 2019
Senergy’s unit wins $3m tender in Oman
SATORP to carry out scheduled maintenance activates
Sharjah is 8th fastest-growing city worldwide until 2020 - EIU
ADNEC renews five-year partnership agreement with Agility
Trading on Egypt’s new commodities exchange to start by year-end
Bahrain’s SWF hires banks for USD-dominated sukuk issuance
Saudi PIF’s company seeks to own 50 helicopters by 2025
Saudi NCLE sets start-up date for school project in Dhahran
National Company for Learning’s profit rises 1.4% YoY in Q1-19/20
Nordic tourism to Gulf countries may generate $810m by 2024
Monshaat supports date farming SMEs with SAR 3m
Dubai records highest property sales in 11 years