Latest news

Date Title
Kuwait ranks 2nd among Arab holders of US T-bonds in September
Intelligent connectivity catalyst for GDP growth – Huawei Report
CBE sells EGP 697m T-bonds
ADGM partners with RAK ICC to foster inter-Emirate cooperation
Noor Financial’s board approves merger with subsidiary
3rd US reprieve has no significant impact on Huawei’s business
Al Khair National for Stocks to sell stake in Gulf Cable
Etihad Airways, Collins Aerospace ink Dispatch SM software deal
EgyptAir inks 2 deals with AerCap Holdings
Abu Dhabi Aviation, Leonardo ink deal for 5 helicopters
US investments in Egypt hit $22bn in 2019 – Madbouly
Kuwait crude oil adds 77 cents on Monday – KPC
Air Arabia places $14bn order for 120 Airbus A320 family aircraft
Arabtec wins AED 366m project in Egypt’s Marassi
EGX30 ends Monday below 14,400 pts; market cap loses EGP 6.8bn
No signs for recession in Germany - Bundesbank
TASI tops 8,000 pts, closes Monday in green
EgyptAir inks MoU with GE Aviation
Yield on Egypt’s T-bills hits lowest level in more than 3 yrs
Jazeera Airways, Airbus ink Flight Hour Services deal
Injaz Al Arab, Citi Foundation launch leadership summit
Are foreigners allowed to buy Aramco shares in IPO?
Egypt’s exports to African Union grow to $4.7bn in 2018
Boursa Kuwait closes Monday in green
Renault City debuted in France
ADX ends Monday's session in red
Arabtec’s stock weighs on DFM on Monday
Egyptian Tax Authority denies imposing VAT on medicines
W Motors, Nasdaq Dubai gear up for new expansion
Saudi Arabia launches Future Factory Show
ADGM, HANFA enhance mutual cooperation via MoUs
NREC reports 21% lower profits in Q3-19
ENOC becomes largest jet fuel supplier via deal with GoAir
Malath hires SRB as Sharia compliance advisor
Egypt-US bilateral trade hits $5.5bn in 9M
Advanced Petrochemical redeems SAR 1bn Sukuk
UAE telecom authority to host UAE 5G Conference in December
Al Moammar, Albilad ink Islamic finance deal
Mohandes Insurance’s shareholders approve EGP 0.90/shr dividend for FY18/19
Egypt’s housing ministry invests EGP 65.6bn in Upper Egypt since 2014
BCI posts updates on Jubail’s chlorine project
Al Andalus sells stake in Hamat to Asala Holding
Electro Cable logs EGP 116m profit in 9M
MedGulf, SEC sign health insurance deal
United Housing’s profit rises to EGP 127m in 9M
Tadawul to move Nomu-listed Raydan to main market
CBE issues EGP 3.75bn T-bonds on Monday
DIB successfully closes $750m sukuk
Egypt to launch short selling mechanism early December
Sanad Aerotech inks AED 500 million deal with GE Aviation
Middle East Glass’ 9M standalone profit posts 17-fold jump
TASI closes Sunday on marginal gains
Incolease’s profit retreats to EGP 81m in 9M
Egypt forecast to keep fuel prices stable during 2020 – Beltone analyst
ADIB’s board proposes 40% higher limit on foreign ownership
CBE expected to cut interest rates by 3% in 2020
Market experts foresee success for Aramco’s IPO
USD likely to reach EGP 15.9 in H1-20 – Beltone analyst
Egypt's trade deficit narrows 26% in August
Nile Pharma's indicators show EGP 27m profit in 4M
ADX closes Sunday in red
DFM ends Sunday in green
Ismailia Misr Poultry’s profit inches down in 9M
East Delta Flour Mills approves EGP 14/shr dividends
Boursa Kuwait closes Sunday in green
Aan Digital turns profitable in Q3
Cairo Poultry denies impact from acquisition offer for Americana Egypt
M&A Brief of the Week
Egyptian Media Production City’s 9M profit edges down
Sarwa Capital profits up 11% in 9M
Hadisolb’s sales shrink 40% in Q1-19/20
Samba Capital extends working hours for Aramco’s IPO
Ezz Steel sells subsidiary to Al Ezz Dekheila Steel for $356m
Dice profits more than double in 9M
Arab Engineering Industries posts 11% profit drop in 9M
Arab Dairy’s profit retreats 22% in 9M
Saudi Aramco excludes board members from IPO eligibility
Arabia Investments Holding’s profits slide 37% in 9M
Al Ahly for Development and Investment’s profit inches down in 9M
Talaat Moustafa Group’s profit grows 10% in 9M
Abo Moati Bookstores agrees SAR 50m Islamic finance
Arabian Cement’s profit sinks 85% in 9M
SPM obtains SAR 52m government subsidy
KIB posts 9% profit decline in Q3
B Investments Holdings’ profit edges down in 9M
Aramex expands delivery options via Aramex Spot in KSA, UAE
Naeem Holding swings to losses in 9M
Kafalah, BIAC collaborate in funding tech startups
Al-Kathiri Holding board plans capital hike
Eastern Co logs EGP 1.05bn profit in Q1-19/20
Porto Group Holding’s profit dips 21% in 9M
Palm Hills’ profit falls 15% in 9M on lower revenue
Bonyan REIT holders to receive SAR 0.37/unit dividends
CBE issues EGP 19bn T-bills on Sunday
IFA sees KWD 2m profits in Q3; losses narrow in 9M
Aramco launches IPO today at SAR 30-32/shr
Arabtec 9M financials show AED 380m loss
Union Properties incurs AED 163.9m in 9M
United Arab Bank records AED 63m loss in 9M
NBK Egypt contributes 3rd of group’s profit from int’l units