Latest news

Date Title
SACO CEO resigns; board appoints Haytham Al Hamidi
Egypt builds 3 axes in Aswan, Qena at EGP 4.5bn
Riyadh awaits 2020 Railway Forum
Egypt forecast to achieve $20bn annual tourism revenue in 5 yrs
ADX starts 2020 up on Thursday
DFM ends 1st day of trading in 2020 in green
Dubai Mercantile Exchange: Direct Access USA set new clearing member
Majority of office workers in KSA prefer public transportation - Survey
Omani Ooredoo to provide Ruwi with Super Fibre Network
Egypt’s cabinet announces Coptic Christmas holiday for public sector
Saudi Minister of Energy to deliver keynote speech at IPTC 2020
Kuwait’s CMA approves IFA’s 17.5m shares offering
M&A Brief of the Week
Zahraa Maadi pays EGP 72m in advance for land in New Heliopolis
Saudi Banks increase investments in gov’t bonds
Egypt to issue 1st green bonds in early 2020
Salama’s board approves to offset accumulated losses
Saudi private sector achieves highest growth in 5 years
Ezz Steel’s losses balloon to EGP 4.3bn in 9M
Dubai’s public transport carries 2.1m riders on New Year’s Eve
CBE issues EGP 20.5bn T-bills on Thursday
Musharaka to distribute SAR 0.35/unit to REIT unitholders
Egyptian gov’t to open EGP 3bn projects in Beni Suef in H1-20
Commercial banks push up Bahrain Bourse in 2019
El-Sisi forms CBE’s board for 4-year term
Saudi railways receive 1.8m passengers in 2019
Egyptian banks’ non-gov’t foreign-currency deposits record EGP 677.32bn in October
CMA approves Alinma Saudi Government Sukuk ETF Fund
Egypt allocates EGP 125m for international forums
Derayah to distribute SAR 20m for REIT unitholders
SABB to distribute SAR 0.6/shr for H2-19
TASI down 0.36% at New Year’s Day close
Saudi gov’t starts receiving requests for 24/7 work permissions
Ten brokerage firms hold 74% of DFM’s turnover in 2019
Turkish imports granted zero-tariff access to Egypt
Egypt’s local liquidity rises to EGP 4.05trln at end-November
Astra Group discloses updates on steel factory in Iraq
SASCO launches 6 new stations
The year 2019 was special for Tadawul - Analysts
Egypt’s wheat planted area to exceed 3m feddans in days
Kuwaitis spend KWD 4bn on outbound tourism in 9M
Egypt considers allocating land for $350m industrial complex in Aswan
UK investors top foreigners trading in EGX stocks in 2019
Lubna Olayan appointed SABB Chairwoman
Ash-Sharqiyah extends CEO appointment mandate
Trading Anaam shares suspended for 2 days
SIIG to distribute dividends on 12 Jan
Kuwaiti oil drops to $68.35 pb on Tuesday – KPC
Non-Arab foreign investments in UAE stocks record AED 12.5bn in 2019
Saudi Cable approves SAR 250m capital hike
EGX chairman expects IPOs of 3-4 private firms in 2020
ADX adds 161 pts in 2019, rises 0.84% in December
DFM levels up 235 pts in 2019; Market cap hits AED 374.2bn
EGX suffers EGP 14bn loss in 2019 despite recovery of Egyptian economy
Boursa Kuwait maintains positive performance in December, Q4-19, full year
Aayan Real Estate buys investment property at KWD 1.1m
KFIC gains KWD 503K profits after exiting assets
EETC inks EGP 122.7m deal with MEGA- Sieyuan consortium
CMA nods to Sultan Center’s KWD 15m convertible bonds prospectus
Saudi SMEs’ revenue registers SAR 879.32bn in Q2-19
KMEFIC registered as market maker on Acico, Tamdeen
Kuwait Cable Vision nods to delist from Boursa Kuwait
Egypt to execute new roads at EGP 5.37bn in Sixth of October
SGS renews SAR 1bn service agreement with flynas
Nile City Investment’s profit rises 34% in H1-19
SABIC to liquidate 3 subsidiaries
Mobily makes 1st 5G call using stand-alone network in Saudi Arabia
Saudi Steel Pipe agrees oil deal
Saudi Aramco raises propane prices for January 2020
Prime Holding’s shareholders approve share split
Saudi non-oil GDP grows by 4.3% in Q3
Alafco’s shareholders approve 8 fils/shr dividend
Boursa Kuwait’s indices end 2019 collectively high
Oman's AMAN REIF to launch IPO on Thursday
TASI closes Tuesday in green
Twelve Arab stock markets, excluding KSA, off on 1 January
Egypt in talks over EUR 540m loan to develop textile firms
Orascom Development Egypt retakes possession of Amoun Island
DFM ends 2019 down; turnover totals AED 305m
ADX up at Tuesday’s close
Sidpec eyes EGP 503.5m profit in 2020
DME Oman to price Kuwait oil futures from February 2020
Misr Hotels awards EGP 14m contract to Intraconsult
Reacap shareholders nod to Naeem Consulting Services’ takeover
Card sales in Saudi Arabia down 25% in November
Mortgage loans in KSA reach SAR 69bn in 11M
Egypt Gas targets EGP 82m profit in 2020, wins EGP 61m contract
Egypt sees major housing, public utility projects in 2019
CI Capital’s unit closes EGP 2.2bn securitisation bond offering
Saudi POS sales up 30% in November to new record
Bahrain Tourism Authority to launch new identity in New Year's Eve
Kuwait’s crude oil down 7 cents on Monday – KPC
Egypt allocates further EGP 700m for Decent Life initiative
CBE to offer $800m T-bills early 2020
Al Ezz Dekheila Steel incurs EGP 2.25bn loss in 9M
Baazeem launches production in new factory
Dubai Aerospace buys back $450m worth of shares
ExxonMobil obtains 1.7m acres for offshore exploration in Egypt
Al Bareeq Holding buys Kuwaiti firm at KWD 13.6m
Oula Fuel buys KWD 4m real estate assets