Latest news

Date Title
Egypt gov’t sets up EGP 1.3bn sanitation projects in Minya
DMCC, DGCX host networking event for Chinese businesses in Dubai
Egypt targets 6.4% growth, 6.2% deficit in FY20/21 – Minister
UAE’s ICT, Musanada complete 60% of Umm Lafina project
Egypt’s NOMP inks deal with Chinese company for new tyre plant
MAG Development launches AED 2bn Mag City in Dubai
Saudi non-oil growth to average 2.4% in next three years – NBK
DEWA launches 2nd phase of inclusion initiative for people of determination
Saudi Mawani announces joint contracts with DP World, Red Sea Gateway
ADX loses 8.6 pts in week; Market cap amounts to AED 516.3bn
DFM achieves highest level in 6 weeks
Boursa Kuwait’s indices see varied performance in week
Bahrain Bourse rises 20 pts in week
TASI’s liquidity grows 399% in week led by Aramco’s market cap
Dubai welcomes 481,000 US tourists in 10M
Egypt’s petroleum consumption declines 8m tonnes in 4 years
Kuwaiti oil barrels end Thursday at $65.60 pb–KPC
Investments in Egypt’s Benban solar park total $2.2bn
SAMA suspends 4 insurance firms
Saudi e-Government Program covers 86% of public sector
Al Arabiya Real Estate sells properties for KWD 4.2m
KAMCO finalises merger with Global Investment House
SAMA presents draft rules for financing support companies
TASI down 1.57%; Aramco dominates record trade
The Securities House approves merger with Al Aman Investment
KAMCO sells major stakes in overseas special-purpose entities
Egypt inks EUR 1.016bn funding deal for 1,300 train cars
Fitch confirms Warba Bank’s credit ratings, stable outlook
Saudi Arabia asserts role as MENA digital hub during ArabNet Riyadh
NBE targets further EGP 38bn SME funding by end FY19/20 – Interview
Warba Capital’s losses shrink 51% in Q1-19/20
Boubyan Petrochemical’s profit jumps by 47.3% in Q2-19/20
Boubyan Petrochemical exits stake in Aramco
Boursa Kuwait turns green by Thursday’s end
EGX executes MTO on Al Ezz Rolling Mills
ADX ends Thursday in red
Sisi allocates land for New Port Said City
DFM edges up at Thursday's close; market cap gains AED2bn
M&A Brief of the Week
Egypt sets up EGP 823m water, wastewater projects in Ismailia
ElKasstawi: Stock markets, gov’t can boost performance via digital money – Interview
NOMP signs MoU with 2 defence manufacturers
Saudi Cable publishes capital hike prospectus
Egypt offers 147 industrial units in Benha
How startups benefit from blockchain at Tribal Credit – Interview with Mohamed ElKasstawi
Tawuniya signs Umrah insurance contract
Kuwait oil declines to $65.34 pb on Wednesday–KPC
CBE issues EGP 18.75bn T-bills on Thursday
Al Yamamah widens losses by 85%
Avenues signs 60-year lease contract for Bahraini land - Mabanee
Egypt's sovereign wealth fund selects assets based on investor appetite – CEO
AMOC contracted to export 2 fuel oil shipments
Abu Dhabi sees 0.8% lower CPI in 11M – SCAD
Boursa Kuwait starts Thursday in red
Mubasher shares success stories, ambitions at ArabNet Riyadh
Tadawul closes Aramco’s first trading day in green
ArabNet Riyadh features innovative startups
Arab Investment acquires 9% stake in AIH for EGP 37m
Sanam Real Estate buys medical property for KWD 2.7m
Egypt to witness price reduction in three car models by 2020
Combined Group’s unit in KSA pens KWD 10.7m tender deal
UAE-Egypt trade exchange likely to reach $8bn by end 2019
IIRA confirms GFH’s ratings at ‘BB/B,’ ‘stable’ outlook
Saudi Aramco gets fast entry to TASI
Credit Agricole Egypt to join CBE’s mortgage initiative
Invest Bank sells 151m shares of RAK Cement
Egypt’s Eurobonds attract $70 billion bids – CBE governor
Saudi Arabia ready to issue int’l bonds in January 2020
DMS named Exclusive Media Representatives for Mubasher.info
Jarir Marketing signs service contact with Rubeen
UAE-Egypt trade exchange hits $3bn in 2018 – Trade minister
Kuwaiti stocks end Wednesday on mixed note
Dallah Healthcare acquires 10% stake in Meras
ADX breaks four-session losing streak at Wednesday's close
Tadawul suspends trading of Thimar
SAMA issues rules for microfinance firms
DFM closes Wednesday up 0.97%
Saudi startup Dokkan Afkar secures SAR 19m funding round
EFG Hermes completes advisory on Aramco’s IPO
Emirates NBD, LuLu Group unveil Emirates NBD LuLu 247 Mastercard credit card
UAE aims to raise investments in Egypt to $14bn – UAEIIC
MNHD approves EGP 150m credit facility from United Bank
Aramco begins trading on Tadawul in celebratory sentiment
DP World, MSC Cruises ink long-term deal to promote tourism
Sidpec’s capital raise depends on polypropylene facility’s cost
Aramco IPO to improve TASI’s MSCI emerging index weight – Aljazira Capital
ADIB launches “Smartbanking” for millennial customers
Aramco shares rise 10% in largest IPO's initial trading on Wednesday
Except for El Gouna, all projects came by coincidence – Samih Sawiris in RiseUp
CI Capital mulls contributing to Egyptian Commodity Exchange
Abu Dhabi Catalyst Partners invests $225m with 3 int'l firms
Chinese, Saudi embassies request to move to Egypt’s new capital
Kuwaiti oil barrels end Tuesday at $65.47 pb–KPC
Boursa Kuwait starts Wednesday in red as telecoms, real estate fall
Dubai Airports to see seasonal rush starting Thursday
Numbers behind world’s largest IPO revealed
Zain KSA celebrates first phase of its 5G network
TASI closes Tuesday in red; awaits Aramco listing tomorrow
Faisal Islamic Bank’s business volume expands 14% in November
Economic reforms boosted Saudi non-oil growth - Crown Prince