Latest news

Date Title
NileSat’s profit drops 20% in 2019 unaudited financials
Egypt’s SEMAF aims to increase annual production to 1k railroad cars
Kuwait’s holdings of US Treasury bonds down 2.05% YoY in November
Al Rajhi sets SISCO’s TP at SAR 27/shr
Misr Petroleum eyes EGP 72bn revenue in FY20/21
Saudi Arabia raises investments in US treasury bonds
EG Bank’s profit up 14% in 2019 unaudited financials
Al Rajhi initiates Aramco coverage with ‘Neutral’ rating
UAE’s holdings of US Treasury bonds increase 3.9% MoM in November
Alexandria Container’s unaudited financials post EGP 736m profit in H1-19/20
SEC to begin installing smart meters in February
Combined Group’s unit inks KWD 19.9m deal in UAE
Saudi German Hospital to open in Dammam next month
Egypt to take part in UK-Africa Investment Summit
Property Finder hires Facebook, Google’s tech expert as new president
eXtra records highest ever annual profits in 2019
Emirates NBD partners with Dubai Land for trust account services
Copetrole targets EGP 60bn revenue in FY20/21
GO reveals accumulated losses exceeded SAR 180m
Saudi Enaya board recommends 50% capital cut
Egypt leads EBRD’s annual investments in 2019
Almarai annual profits down 10% in 2019
Egypt raises holdings of US Treasuries to $2.176bn end November 2019
CBE issues EGP 14.5bn T-bills on Sunday
Egypt’s external debt registers $109.36bn in September 2019
Gulf Air Group ups stake in Bahrain Airport Services
NBB acquires 78.8% stake in Bahrain Islamic Bank
DEWA to operate MBR Solar Park 3rd phase in April 2020
UAE’s non-oil exports to total AED 240bn in 2019
Egypt to build 39,064 school classes in FY20/21
Egypt rises 21 places in Global Competitiveness Index
Holding Company for Chemical Industries’ revenue hits EGP 21.6bn in FY18/19
Mubadala’s unit wins maintenance contract for solar field
EgyptAir receives eighth Airbus A220-300 aircraft
S&P affirms Kuwait's credit rating at ‘AA’; Outlook stable
Banks boost ADX in January’s 3rd week
DFM adds 80 pts in week
Moody's affirms KIPCO's ratings at Baa3; Outlook revised to negative
TASI ends 114 pts higher in week; Aramco stands at SAR 34.6
Boursa Kuwait’s indices go up in week; Market cap gains KWD 679m
Bahrain Bourse gains over 42 pts in week
Egypt sells EGP 25.5bn T-bills on Thursday
CBE holds interest rates steady
Mashrou'ak initiative finances 5,615 projects in Kafr El-Sheikh
Egyptian economy to flourish in 2020 – Renaissance Capital
EBRD invests EUR 1.2bn in Egypt in 2019
Speed Medical signs MoU with El Dakhakhny Laboratories
Faisal Islamic Bank posts EGP 2.7bn standalone profit in 2019
Egypt-World Bank Group cooperation portfolio totals $8bn
CMA approves Tihama’s capital hike request
WiSER forum highlights digitalisation’s role in women empowerment
EGX’s indices end higher Thursday as investors await CBE take on interest
Tadawul closes Thursday in green
CBE may keep interest rates unchanged today – SHUAA
DoE boosts sustainable energy via IRENA’s deal, new innovation platform
Saudi Aramco planning for more oil expansion - GlobalData
ACIG board recommends 29.5% capital cut
Saudi embassy denies claims on free Hajj, Umrah trips
Maharah Human Resources appoints new CEO
France seeks to join East Med Gas Forum
Gulf Navigation’s board agrees on AED 125m Sukuk issue
Boursa Kuwait closes Thursday on collective decline
ADX ends Thursday higher; liquidity totals AED 170m
Egypt-Germany cooperation portfolio hits EUR 1.7bn – Minister
DFM closes Thursday in green; turnover hits AED 309.7m
Egypt allocates additional EGP 2bn for road pavement in governorates
Mohandes Insurance sees EGP 104m block trade on Thursday
Abu Dhabi Aviation to open trading for foreigners
Cairo Investment borrows EGP 100m from Ahli United Bank
Egypt’s GAFI approves 20 projects with $78m investments in 5M
G20 Summit to boost Saudi economic growth - Jadwa Investment
M&A Brief of the Week
MSC, SAGIA sign SAR 2.9bn cooperation agreements
Deem, Mastercard pen agreement to offer 6 new card products
Masdar, France's EDF Group set up energy services JV
Suez Canal Technology logs EGP 183m profit in Q1-19/20
KGL’s unit offers lowest bids in KWD 7.9m tender
CBE issues EGP 20.5bn T-bills on Thursday
ADIA may sell $2bn stake in private-equity funds
Egypt’s cabinet releases mining law regulations
Financial Stability Forum discusses Saudi growth, development
Aldrees fined for selling adulterated petroleum products
DSI confirms news on former CEO arrested in Jordan
Egypt’s iron, cement exports hit $777m in 11M
Egypt's Infinity Energy secures $60m funding from EBRD
GFH’s shares on Boursa Kuwait reclassified to main market
Mulkia Gulf REIT to distribute SAR 0.17/unit
Al Ramz Corporation acquires Shuaa Capital's market‐making business
GFH confirms Reuters news on $500m Sukuk issue
Cairo Investment’s profit hits EGP 109m in Q1-19/20
Bee’ah partners with Unilever Gulf to build new plastic recycling facility
Egyptian chemicals, fertilisers exports total $4.76bn in 11M/19
Etihad Airways aims to cut 100% of carbon emissions by 2050
NBE pumps EGP 8bn into 18k agricultural projects
Egyptian gov’t tenders EGP 2.5bn logistics area in El Wadi El Gedid
EG Bank to distribute bonus shares early February
Musanada builds AED 119m rainwater disposal project in Al Ain
UK’s EasyJet resumes flights to Sharm El Sheikh
Saudi CMA approves clearing center rules
Egypt’s SWF, Hassan Allam ink MoU for investments in utilities