Latest news

Date Title
Zakat, operating income double Bank Albilad profits in 2019
RAKBANK’s net profit rises 19% in 2019; dividends proposed
Investcorp announces solid profit; AUM grow to $31.1bn in 6M
Zain KSA posts 46% growth in annual profit for 2019
Osos Holding’s 2019 profits up 15%; dividends proposed
Al Rajhi Capital sets Sadafco’s TP at SAR 164
Saudi PIF sells over 99% of shares in Tesla
UAE registers 11,000 Japanese brands
Saudi competition authority approves NCLE acquisition of 2 companies
Abu Dhabi National Hotels posts AED 253m profit in 2019; dividends proposed
CMA approves Falcom Gold Fund offering
Abu Dhabi Aviation reports AED 246m profit in 2019
CMA approves GO capital cut
BLOM Bank denies exiting Egyptian market
Cybersecurity essential to energy sector – Aramco CEO
Abu Dhabi banking giant ADCB exits Jersey
TASI closes Tuesday in green
Egyptian-Swiss trade amounts to $917m in 2019
Etisalat teams up with Microsoft to develop new digital platform
Kuwait-Italy trade exchange hikes to $1.6bn in 2018
Saudi Arabia launches Global Cybersecurity Forum
EGX ends Tuesday mixed; market cap loses EGP 2.4bn
Human Soft sees 14% higher profit in 2019; dividends proposed
UAE’s PMIs lower to 49.3 pts in January – Emirates NBD
Arab Dairy signs deal to obtain EGP 113m in export subsidy arrears
Egypt’s transport ministry builds EGP 2.2bn roads in 2019
Dubai Investments logs AED 657.5m net profits in 2019
Egypt, Sudan trade exchange records $648m in 9M-19
Mohandes Insurance’s net profits up 16% in H1 FY19/20
Banque Misr to offer 45% stake in Banque du Caire in H1-20
DSI’s unit finalises AED 271m major projects in Kuwait
ADX sees upward performance on Tuesday
Boursa Kuwait shows mixed performance on Tuesday
DFM down on Tuesday; market cap reaches AED 381.19bn
Egypt’s GDP growth seen at 5.8% in 2020 – AfDB
Saudi PMI down 2 pts in January - Emirates NBD
Kima’s H1-19/20 financials turn positive
Kuwait’s oil slides to $56.93 pb on Monday – KPC
Egypt, Switzerland pen 3 MoUs to foster economic ties
Vodafone deal to accelerate stc revenue growth – Aljazira Capital
Inovest suffers $4.5m loss on debt settlement
Egypt set to issue green bonds before June 2020
Saudi-French partnership to develop mining industry
Al Imtiaz Investment’s unit inks KWD 10.8m deal for low-income housing project
FIPCO joins Saudi Productivity Program Initiative
Orascom Development Egypt appoints interim CEO succeeding Bichara
Oman Insurance sees AED 190.5m net profits in FY19
Hadisolb incurs EGP 478m loss in H1-19/20 unaudited financials
Aldrees posts update on new fuel profit margins
Egypt’s non-oil private sector drops to near 3-year low – PMI
CMA approves change in Bayt Alnomow Capital profile
Egypt’s sovereign fund inks deal to promote military-owned assets
SASCO applies new fuel profit margin
Kuwait C. bank sells KWD 240m bonds; oversubscribed 12.15 times
Mabanee’s profits hit KWD 56.4m in 2019; dividends proposed
Abo Moati Bookstores posts 23% decline in quarterly profits
Bank AlJazira profits up 162% in 2019
CIB’s profit rises 23% in 2019
AUB Kuwait's profits rise 7.3% in 2019; dividends proposed
Growth in KIB’s financing portfolio drives assets up 24% – Chairman
Kuwait’s stc records KWD 43.6m profits in FY19; dividends proposed
Mashreq records AED 2.06bn profits in FY19
ADS Investment’s officer comments on ADPower’s offer to TAQA
MNHD mulls to distribute EGP 648m dividends for FY19
Dubai Aerospace pens $300m loan with Emirates Islamic, ENBD Capital
ADNOC, DUSUP ink agreement to develop UAE’s new gas field
Abdul Latif Jameel invests in air taxi startup
MNHD’s profits fall to EGP 1bn in consolidated FY19 financials
EGX ends Monday down for 2nd session in row
Saudi bank deposits rise 7.3% in 2019
Hertz UAE adds Toyota Camry HEVs to hybrid electric fleet
ADX maintains downward performance on Monday
DFM up on Monday; market cap records AED 380.35bn
Tadawul ends Monday down 0.55%
Orientals For Urban Development targets EGP 2.5bn sales in 2020
Kuwait National Cinema seals KWD 39.8m deal to build entertainment complex
KIB’s 2019 earnings down to KWD 17m; dividends proposed
NBE injects EGP 17.7bn retail loans in H1-19/20
TAQA receives offer to acquire ADPower’s majority assets
Jazan reveals SAR 5.32bn developmental projects
Informal Settlements Development Fund sets EGP 10.8bn budget for 2020
Inflation in KSA expected at 1.7% in 2020 - Jadwa
Egypt’s Suez Canal revenues hit $497m in January
Kuwaiti indices down on Monday amid fears over Coronavirus
Egypt pens agreements to settle overdue export subsidies with 31 companies
Kuwait’s budget deficit seen at 8% of GDP in FY19/20 - NBK
MIT Arab Startup Competition to hold bootcamp in Thuwal
Egypt’s non-oil imports fall $1.2bn in December 2019
Egypt to ink joint electricity grid deal with Saudi Arabia in May
No cases of coronavirus in Saudi Arabia – Ministry
Railway Forum discusses Saudi projects, new technologies
Oman Insurance to raise stake in Dubai Starr Sigorta
Egypt-Morocco bilateral trade hits $681m in 2019
Egypt’s iron, cement exports slide 41% in 2019
CBE to activate mortgage initiative in March – Sources
Americana, Cairo Poultry approve bid for stake in Egyptian Starch & Glucose
Egypt C. bank offers EGP 7bn T-bonds on Monday
Maven Developments launches EGP 4bn project in Ain Sokhna
Al Ahsa Development shareholders approve capital hike
SACO Hardware inaugurates new store in Riyadh