Latest news

Date Title
Waha Capital suffers AED 616mn loss in 2019 unaudited financials
AT Lease obtains factoring licence
Shareholders approve Walaa Cooperative, MetLife merger
Boubyan Bank raises stake in BLME Holdings to 67%
Egypt inks 2 oil, gas deals with $332m investments
Tabreed posts 11% growth in net profits during 2019
FAB sees 4% higher net profits in 2019
First Dubai’s profits down 69% in 2019
Jazeera Airways signs $1.3bn service agreement for A320neo planes
Saudi Enaya signs insurance contract with IMC
Kuwait C. bank sells KWD 200m bonds; oversubscribed 13.8 times
Burgan Bank gets approval for selling stake in Bank of Baghdad
ADCB proposes AED 2.64bn cash dividend in 2019
TASI down 1.8% at Monday’s close
Tadawul approves listing SAR 715m gov’t debt
SABB Takaful fined for late disclosure
AlAhli REIT appoints new operator of AlAndalus Mall
Kuwait may need KWD 55bn financing over 6 yrs – IMF
Port Said Customs collects EGP 3.2bn dues in December 2019
ADX decreases on Monday; market cap down AED 5.42bn
DFM down on Monday; market cap declines AED 2.58bn
Mountain View targets EGP 8bn contractual sales in 2020
Real Estate Egyptian Consortium’s profit hikes 257% in 2019 unaudited financials
Boursa Kuwait ends Monday in red
UD Trucks spurs regional growth on new partner in Saudi Arabia
Containers in Saudi ports up 8% in year - Mawani
Saudi Arabia closes January Sukuk issuance
Egypt's external debt service totals $2.9bn in Q1-19/20
Egypt’s local debt dips EGP 102.8bn in Q1-19/20
CBE offers EGP 6.75bn T-bonds on Monday
Saudi Arabia monitors impact of coronavirus outbreak on oil market
Al Baraka Bank – Egypt eyes EGP 3.3bn funding to national projects by 2023
KFH logs 10.4% higher annual profits in 2019; dividends approved
ADCB’s net profits down 14% in 2019
Dice denies merger reports
Saee raises $2.4m in funding round
Kuwait’s GDP down to 0.7% in 2019 on lower oil sector growth – IMF
Egypt’s foreign trade drops $358m in Q1-19/20
Arabian Shield renews insurance license
Emirates Islamic’s net profits surpass AED 1bn in 2019
Al Sorayai launches rights issue trading
Egyptian banks’ deposits hit EGP 4.18trln end November 2019
Emirates NBD’s net profits up 44% YoY in 2019
Egypt’s BoP records $227.3m surplus in Q1-19/20
AUB says no official acquisition offer made by KFH to date
China’s Fidu sees 289% YoY jump in Emaar’s projects sales
Al Futtaim Toyota’s sales witness strong performance in 2019
Egypt launches 2 oil tankers with $14m investments
TASI ends Sunday in red; turnover falls to SAR 3.47bn
Saudi Arabia’s trade surplus down 23.5% in November
Saudi citizens, banks invest AED 10.93bn in UAE in 2018
Dubai’s new investors increase 86% in 2019
Tabuk Cement unveils new board; Al Juhni named chairman
Riyad Bank posts 81.2% increase in FY19 net profits
EGX30 edges down at Sunday's close amid foreign sell-offs
Union Properties to ink AED 200m deal to expand Autodrome
Herfy Food sees lower annual profits at SAR 196m in 2019
Bank Aljazira’s board proposes SAR 0.30/shr dividends for H2-19
Egypt’s parliament approves EUR 1.016bn loan to buy 1,300 railroad cars
Egypt seeks to take part in building Congo’s Inga Dam
ADX down on Sunday; market cap exceeds AED 542bn
Egypt’s parliament approves IBRD’s capital raise
Marakez receives $21m offer to exit stake in Syria’s Antaradus
DFM maintains negative performance on Sunday
Egypt approves EGP 28.2bn urgent allocations in H1-19/20
Rameda's revenue rises to EGP 890m in 2019 unaudited financials
Boursa Kuwait down on Sunday
Saudi oil exports dip 15.4% in November - GaStat
Obour Land logs EGP 295m profit in 2019; dividends proposed
Telecom Egypt denies Vodafone stake sale reports
Kuwait Airways takes delivery of new A320neo jet
Abu Qir Fertilizers posts 13% profit drop in H1-19/20 unaudited financials
Arabia Investments Holding raises unit’s capital to EGP 80m
Misr Chemical Industries’ profit falls 76% in H1-19/20 unaudited financials
M&A Brief of the Week
Al Babtain inks SAR 100m loan deal with SAIB
Ajwan announces new board; Youssef Boodai named chairman
Saudi Cable’s remaining rights issue shares 357% oversubscribed
CBE offers EGP 14.5bn T-bills on Sunday
NMC’s board proposes SAR 89.7m dividends for 2019
Sadafco's Q3 profit rises 27%
Alafco to receive $27m from Hong Kong Airlines on ruling
Integrated Logistics wins KWD 4.7m deal by KOC
Yiaco Medical buys land for KWD 5.5m
Etihad Airways receives new Boeing 787 Dreamliner
Oman’s natgas output, imports hit 42.2 BCM in Nov. 2019
Mubadala inks implementation agreement with Uzbekistani gov’t
EBRD invests EUR 5.3bn in Egypt
Sharjah Islamic Bank's net profit grows 7% YoY in 2019
Kuwaiti non-oil exports level up by 9.2% YoY in 2019
Kuwait crude oil price falls $0.6 pb on Friday
FAB pushes up ADX in week; Banking sector rises 1.2%
Banks boost DFM in week; Market Cap gains AED 4.35bn
Lebanese dollar gov’t bonds tumble on Friday
UAE’s e-commerce market totals $18.5bn in 2019
EGX’s indices fall in week; Turnover records EGP 10.4bn
TASI levels down by 0.87% in week; Market cap hits SAR 8.85trln
Emirates Airlines, Emaar named best brands in UAE for 2019
Riyadh hosts world’s first AI Art hackathon
Boursa Kuwait’s indices settle higher in week