Latest news

Date Title
Real estate stocks weigh on DFM at Tuesday's close
Kuwaiti Mezzan acquires majority stake in Saudi firm
Saudi Arabia, Kuwait agree Neutral Zone production sharing
Centmain announces extension of PUSU deadline for Endeavour
Dana Gas receives one-off $42m dividend from Pearl Petroleum
Dubai ministry plans AED 10bn projects from 2017 to 2021
KAEC logistics center to launch in 2020
Etihad Airways adds seasonal flights to Alexandria, Salalah
Agility’s unit pens $24m contract with BP
Saudi Kayan Petrochemical agrees SAR 1.5bn deal with BSF
Egytrans 9M revenue rises on growing storage and logistics business
Tadawul halts trading Walaa Insurance for one session
UL urges Mideast businesses to manage cybersecurity risks
Bank Aljazira to hand over insurance portfolio to subsidiary
Osoul Investment’s unit to sell KWD 1.32m property in Hawally
Strata, Leonardo sign MoU to develop aircraft components
Livestock Transport inks KWD 16m deal to buy Ocean Shearer vessel
Tadawul introduces 6 new stocks to TASI
Saudi Arabia narrows gender gap in government jobs – Minister
Tadawul closes Monday at four-month high
Aan Digital announces new chairman, board members
Egypt aims to cut unemployment rate to 6.3% in 2020 – Minister
Al Ahly Capital sells entire stake in Al Ezz Dekheila Steel for EGP 726.5m
Dubai Ports, Mawani ink Jeddah Port development deal
Ghabbour Auto among top beneficiaries of raising debt burden ratio – Report
Boursa Kuwait rises Monday for fourth day in row
Bahrain announces new VAT registration deadline on 26 December
Egypt’s health, education expenditures hike 82% in 5 yrs
ADX ends Monday in green
DFM wins 19.4 pts on Monday; market cap adds AED 2.1bn
Kuwaiti gov’t fails to repay KWD 57.8m for Afya Health – Gulf Insurance
Bidaya Home Finance issues SAR 300 million Sukuk
APICORP agrees $250m loans with Algeria's Sonatrach
NBE offers EGP 800m funding to extend natural gas to houses
ACWA Power to build solar plants in Ethiopia
Jabal Omar launches Makkah Doubletree Hotel
EgyptAir takes delivery of 7th Airbus A220-300 plane
Arabia Insurance Cooperative appoints new CEO
Gulfa Mineral Water to change firm’s name on OGM approval
AATSC announces Sukuk partial redemption
EGX executes EGP 726.5m ‘block-trading’ deal on Al Ezz Dekheila Steel
HSBC ends MT30 Saudi ETF units suspension
SACC renews catering deal with Saudia
SODIC’s VYE Phase I generates EGP 1bn sales in 2 days
CBE to issue EGP 4bn T-bills on Monday
TAQA concludes $3.5bn revolving credit facility
Global AI Summit in Riyadh to feature Artathon
ADDH enhances units’ artificial intelligence technologies via Group 42
Arab Dairy inks EGP 422.7m leaseback deals with CORPLEASE
Etisalat Misr plans to invest EGP 4.5bn in 2020
Kuwait announces New Year’s holiday
CBE raises debt payments-to-income ratio to 50% for personal, auto loans
Suez Canal Bank’s customers under CBE initiative indebted with EGP 500m
Saudi SMEs dominate 51% of private sector Q2 earnings
EGX ends Sunday in green after cabinet reshuffle
TDB signs $450m Mideast-focused syndicated term financing
Boursa Kuwait’s indices close Sunday mixed
Bahri, SWCC sign SAR 760m desalinated water transport deal
M&A Brief of the Week
HSBC suspends subscription to MT30 Saudi ETF units
NBE’s customers in default under CBE industrial initiative owe EGP 16bn
SIIG to distribute SAR 0.75/shr dividends
Banks issue 4m Meeza cards – CBE official
Banks stocks weigh on ADX at Sunday's close
Saudi Aramco, Korea Shipbuilding plan engine manufacturing JV
Egypt’s parliament approves cabinet reshuffle
DFM closes Sunday down; market cap sheds AED 230,000
Egypt’s ICT investments hit EGP 35bn in 2019
Egypt’s budget deficit slightly widens in Q1-19/20
Ream Real Estate’s stock back to trading on Sunday
Egypt to launch e-invoicing system by early 2020
EIPICO acquires stake in Medical Union Pharmaceuticals for EGP 210m
AWJ Investments to expand in Saudi Arabia via 5 projects
Egypt develops 231 technology centres – El-Saeed
Pakiza Abdulrahman: We encourage Egyptian startups to set up in Bahrain – Interview
Al Ezz Dekheila Steel turns to loss in 9M unaudited standalone financials
EFG Hermes, GB Auto to acquire 75% of Tokio Marine Egypt Family Takaful
Clay Pipes to distribute SAR 1/shr
Nasser Social Bank approves EGP 26.4bn budget for FY20/21
Vera Futorjanski: Startups must focus on solving local challenges – Interview
Al Maather REIT inks deal with Al Roqi Schools
National Investor’s OGM mulls AED 200m capital cut
Wafrah recommends 49% capital cut
CBE issues EGP 18.5bn T-bills on Sunday
UAE's Tabreed raises stake in Saudi Tabreed to 28%
Jazeera Airways receives new Airbus A320neo
MAG Development considers IPO on DFM
Egyptian state-owned firm inks contract with PwC for merger
GFH Properties names new CEO
Kuwait crude oil price rises 40 cents on Friday
Reportage Properties launches Rukan Lofts’ primary works
UAE hotels to see record occupancy levels on Christmas holidays
AOI inks MoU with South Korean company
Suez Canal Economic Zone pens contract with global consortium
Saudi Arabia’s non-oil exports fall 13% in Q3
Banks boost ADX in week
Banque du Caire leads consortium in EGP 2.6bn funding for MDF plant
DFM levels up by 46 pts in week
EGX30 tacks on 479 pts in week; Market cap gains EGP 15.6bn
Bahrain Bourse rises 17 pts in week