Latest news

Date Title
UAE to save AED 11bn on adopting blockchain technology
EGX’s indices settle higher on Wednesday
Egypt’s FRA suspends three companies for 30 days
Masdar, Cepsa to form JV for renewable energy projects in Europe
Saudi CMA approves derivatives trading rules
Egypt’s HOTAC registers EGP 987m consolidated profit in FY18/19
Wafrah appoints financial advisor for capital decrease
Tadawul closes Wednesday in red
Riyadh Economic Forum to be held next week
Germany’s KfW, EU provide EUR 49.5m funding to Egypt’s MSMEDA
Iron prices to further decline as EGP levels up
Boursa Kuwait’s indices end Wednesday mixed
ADX maintains upward performance on Wednesday
NBE denies hacking of e-payment systems
DFM’s main index closes Wednesday in green
UAE-Hong Kong foreign trade valued $9.76bn in 2018
KNPC exports first low-sulfur diesel shipment
Saudi Arabia to host Marketing Innovation Forum in April
Fawry to subscribe to unit’s EGP 35m capital raise
Tabreed sets up new energy services company
ADPower sets up new energy service firm
JPMorgan assigns Aramco overweight rating; SAR 37/shr PT
Endeavour ends merger talks with Centmain
QNB Al Ahli logs EGP 8.5bn profit in 2019; dividends proposed
Heliopolis Housing extends deadline for bid submissions
Masdar, PLN to develop first floating solar plant in Indonesia
Qena’s micro, small enterprises secure EGP 244m funding in 2019
Jazadco plans expanding aquaculture sector with local partners
Masdar acquires 40% stake in Australian WTE facility
Oman & Emirates Investment reports OMR 1.4m losses in 2019
UAE energy ministry inks 3 contracts at WFES
Masdar plans to expand in Egypt, US – CEO
Industrial Development Bank records EGP 512m profit in 2019
Egypt tops orange exporters to China
Egyptian pound among world’s best performing currencies – Bloomberg
Brazil exports $12.2bn worth of goods to Arabs in 2019
Dubai Council launches AED 1bn fund for new-economy companies
Kuwait forecasts $30.4bn budget deficit for FY20/21
EGX gains EGP 2.4bn at Tuesday’s close
Bank Audi considers sale of Egypt’s unit
Saudi CMA approves Muqassa as QCCP
Saudi CITC calls for licensing mobile virtual network operators
Pioneers Holding denies impact of Fincorp suspension on acquisition deal
Amana Cooperative renews SAR 22.7m health insurance deal
Kuwait Business Town sells investment property at KWD 25.5m
Egyptian gov’t records EGP 3bn budget surplus in Q1-19/20
TASI rises for fourth day in row to 5M-high
UAE to raise oil exports to 5m barrels by 2030 – Minister
Kuwait C.bank issues KWD 240m bonds
The Waterway launches EGP 4bn ‘5A’ business area in New Cairo
CBE likely to cut interest rates by 0.5% on Thursday – MubasherTrade
Bee'ah, Tabreed pen agreement on district cooling projects in Sharjah
Jazeera Airways launches direct flights to Abha
Ismailia Misr Poultry targets EGP 11.5m profit in 2020
Saudi Arabia makes progress in human development – UNDP
Misr Insurance Holding, NBE, Banque Misr launch EGP 150m takaful insurance firm
Kuwaiti non-oil exports up 54% in December 2019
Cost of social protection measures stands at EGP 60bn – Minister
ADX hits highest level in 2M on Tuesday
Egypt’s finance ministry pays EGP 33bn to pension funds in Q1-19/20
DFM ends Tuesday higher; turnover hits AED 265.5m
Sulaiman Al Habib plans IPO in February – Report
Boursa Kuwait closes Tuesday’s session on collective rise
Egypt allocates EGP 4bn for roads – Cabinet
KSA's TAQA, Al Mansoori Petroleum to cooperate in hydraulic fracturing
Gulf Capital unveils growth plans following $100m IVI-RMA Mideast acquisition
Hikma Pharmaceuticals inks deal to distribute Chiesi’s products in Egypt
Pioneers Holding files draft MTO for 5 subsidiaries
Jazeera Airways inks deal to sell engine at $9m
Egyptian banks receive $1.7bn foreign cash inflows in 4 days
Etihad, easyJet conclude new partnership
Orascom Construction seals $3.5bn new awards in 2019
Al Enmaa Real Estate turns profitable FY19 financials
Esterad sells $6m stake in United Cement
Egypt posts EGP 30.5bn primary surplus in H1-19/20
Amanat Holdings appoints Al Ramz Capital as liquidity provider
Aslak profits surge 211% in 2019; board recommends capital cut
UAE signs strategic energy cooperation deal with Japan
UAE, Japan non-oil trade nears $131bn in decade
CBE denies receiving request from Bank Audi to sell operations in Egypt
Egypt’s parliament approves KFAED’s loan, AfDB’s grant
Egypt to connect gov’t premises to fibre-optic network with EGP 6bn
Jadwa REIT Saudi to distribute SAR 0.19/unit
Raydan signs $30,000 franchise deals
EGX30 slips below 13,700 pts at Monday’s close
Egypt Free Shops’ standalone profits edge down in H1-19/20
TASI closes Monday in green
Pioneers Holding's board approves FV studies of 5 subsidiaries
Construction begins on AED 370m W Motors production facility at Dubai Silicon Oasis
UAE, Indonesia ink $23bn agreements
Dubai Aerospace Enterprise aircraft asset deliveries top $1.7bn
ADX closes Monday higher; turnover records AED 146.7m
DFM adds 23 pts at Monday's close; market cap up AED 2.57bn
Al Shams Housing targets EGP 187m profit in 2020
KAEC inks SAR 38m deal for residential project
Misr Insurance Holding posts EGP 4bn profit in FY18/19
Beltone to set up 2 subsidiaries, sell stake in US Auerbach Grayson
Egypt's trade deficit down 32% in October 2019
NBK Capital Partners completes 1st investment in Morocco via Polymedic’s acquisition
First asset-backed SAR 1bn Sukuk launched in Saudi Arabia