Latest news

Date Title
Emaar Misr for Development’s profit falls 49% in 2019
Prime Capital sets FV of UNB Egypt at EGP 9.92/shr
Kuwait confirms 10 new coronavirus cases; brings total to 56
CBE sells EGP 7.2bn T-bills
Egypt confirms second case of COVID-19
Sharjah Airport sees 1.5m passengers in January
PSI Netherlands Holding sells entire stake in Fawry for EGP 3.62bn
Kuwait to double-check travellers from Egypt, Syria for coronavirus
Arabian Cement turns profitable in 2019; plans SAR 1/shr dividends
Gulf Cement may delist from Boursa Kuwait
Consumption in Saudi Arabia up 8% in January
Egypt invests EGP 944m in village development in 5 governorates
Payments through SADAD up 7.5% in January
EGX indices sink at Sunday’s close; market cap loses EGP 31.9bn
Saudi exports down 10% in 2019
Tadawul retreats on Sunday for third consecutive session
Egypt denies reports about suspected coronavirus cases
Saudi GDP rises by 0.3% in 2019
Emirates encourages unpaid voluntary leave for coronavirus concerns
Egypt-US bilateral trade reaches $8.6bn in 2019
POS operations in KSA reach SAR 28.5bn in January - SAMA
The Land Developers launches EGP 500m commercial project in New Capital
Revenues from Suez Canal hit $458m in February
KFH's takeover of AUB set to take place in May
Egypt Aluminum expects EGP 1.47bn loss in FY20/21
GO shareholders approve capital cut
Boursa Kuwait closes Sunday with steep losses; market cap down KWD 3bn
ADX retreats on Sunday; market cap down to AED 497.6bn
Arab Bridge Maritime’s profit grows 10.5% in 2019
DFM closes Sunday at lowest level in 12M
Trading suspended on EGX100 index
Misr Cement – Qena reports 84% profit decline in 2019
M&A Brief of the Week
Tadawul halts trading MetLife shares; merger with Walaa commences
Nasdaq Dubai lists $2bn Sukuk by IsDB
Mohandes Insurance logs EGP 72m consolidated profit in H1-19/20
Afkar Holding in talks to acquire NCHC's unit
Beltone Financial Holding launches new brand identity
Mubadala Investment mulls investing in NMC Healthcare – Bloomberg
Sarwa Capital’s profit rises 36% in 2019; dividends proposed
Iraq, Qatar, Lebanon report new coronavirus cases
Ataqa’s profit shrinks 92% in 2019
Marseilia’s standalone profit spikes 304% in 2019
Aldar’s board recommends 14.5% dividends for 2019
Aramco one step closer to closing SABIC deal
Kuwait announces new coronavirus case; toll rises to 46
EGX30 index down 4% early Sunday amid coronavirus concerns
Farnek completes Certis’ acquisition
Al Moammar inks SAR 45m credit facility deal
RAK White Cement proposes 5% cash dividends for FY19
Boursa Kuwait suspends trading on premier market
Batic’s profit drops 51% in 2019
Abyaar to delist from Boursa Kuwait in July
Dubai reports AED 1.37trn non-oil foreign trade in 2019
CBE offers EGP 14.5bn T-bills on Sunday
Boursa Kuwait suspends trading on Alrai Media
KFH submits document for Bahrain’s AUB acquisition deal
Tadawul bears worst monthly loss in 6M
Unemployment in Egypt down to 8% – Minister
QP lowers fuel prices for March
UAE issues school preventive measures against coronavirus
Oman reports recovery of coronavirus case
ADX down 5% by end of February
DFM records losses in February on coronavirus fears
EGX indices record losses in February
Norway’s sovereign fund raises investments in GCC markets
Saudi mortgages hit new record level
EGX30 down 5.2% in week
Egypt maintains preventive measures against coronavirus
Egypt raises natural gas transport tariff
Egypt leads emerging markets in portfolios inflows – Minister
Egypt discusses expanding Uber services to New Capital
Kuwait announces two new cases of COVID-19
EU grants Aramco approval for SABIC acquisition
Bahrain announces 3 new coronavirus cases
Bahrain Bourse down 0.5% for the week
DFM down 5.4% in week
ADX down 2.6% in week
Tadawul sees worst weekly losses since August
MM Group proposes bonus issue
Saudi reserves up 2.4% in January – SAMA
SCZone, DP World agree to develop 10 km in Ain Sokhna
Tadawul closes Thursday in red
EGX30 hovers near 13,000 pts at Thursday's close
Egytrans’ profit slides 24% in 2019 on lower revenue
MM Group records EGP 459m net profits in 2019
Pfizer mulls to inject $70m new investments in Egypt
Arabian Cement’s profit drops 87.5% in 2019
KFED inks $100m agreement to support projects in Ethiopia
Mohandes Insurance’s profit rises 15% in H1-19/20 initial consolidated financials
EFIC’s profit surges 77.5% in 2019; dividends recommended
Kuwait suspends fingerprint attendance systems due to coronavirus
UAE to cut fuel prices in March
HDB’s consolidated profit rises 13% in 2019
Kuwait oil slips $2.18 on Wednesday - KPC
Zahrat Al Waha profits up 63%; plans SAR 0.75/shr dividends
ADX closes Thursday’s session in rise
Taiba’s board recommends SAR 0.45/shr dividends for 2019
DFM ends Thursday down; market cap registers AED 364.8bn
Edita’s profit grows 21.5% in 2019; dividends proposed