Latest news

Date Title
Boursa Kuwait closes Sunday on mixed note
SIEC to expand footprint in UAE, Sudan
INJAZ Al-Arab celebrates entrepreneurship competition winners
NCLE acquires Al Khwarizmi Company for SAR 30m
GSK Egypt to launch 3 new production lines in 2 yrs
Real estate stocks weigh on DFM on Sunday
Leejam Sports generates SAR 474m revenues in 9M
Saudi Amiantit suffers SAR 301m losses in 9M
Johnson & Johnson injects EGP 1250m new investments in Egypt
ADGM takes part in Singapore FinTech Festival 2019
ADNIC, Addenda partner in motor claims recovery solutions
SAICO turns profitable in Q3
Salama Cooperative Insurance turns to losses in Q3
Saudi GASCO’s Q3 profits fall 7%
SATORP swings to losses in Q3
Dar Alarkan profits surge 267% in Q3
Al Sorayai turns profitable in Q3
Malath Cooperative Insurance’s Q3 profit falls 37%
Saudi Cable losses rise 51% in Q3
NADEC recommends 20% capital increase
Saudi Enaya incurs SAR 33m loss in Q3
Umm Al Qaiwain General Investment sees AED 22.4m profit in 9M
Arzan Group board approves capital cut
Aramco allocates $1bn to provide additional incentives to employees
GACO’s profit jumps 277% in Q3
Dana Gas’s collections rise 16.7% in 9M
ADIB logs AED 620m profit in Q3
Aramco allows Goldman Sachs to buy up to 15% of total offered shares
Capital Intelligence affirms URC’s bond rating at ‘BBB’
Waha Capital sees AED 205m losses in Q3
Saudi Aramco’s IPO to start on 17 November
Saudi Aramco offers more details on its coming IPO
Al Mazaya Holding incurs KWD 3.9m losses in Q3-19
Moody's revisits Dubai Aerospace Enterprise’s rating
Etihad Airways inks air hospitality contract with ABC
Brazil-Arab world trade hits $16bn in 10M/19
Kuwait to increase crude oil exports to China
Kuwait crude oil price levels down 21 cents on Friday
Egypt’s annual inflation rate drops to 2.4% in October
ADX lists $500m sukuk issued by Aldar Properties’ unit
Dubai’s RTA awards contract for three metro stations
du reaches 2 Gbps download speed
Moody’s assigns Ba2 rating to Arabian Centres’ dollar sukuk; Outlook stable
Saudi Arabian Centres hires banks to arrange dollar sukuk
Brazil’s large food producer to bolster chicken production in Saudi Arabia
UAE’s Masdar inks power purchase agreement with Uzbekistan
ADX gains 22 pts in week; Market cap increases
DFM levels down 48 pts in week; Banks shed over 2%
Saudi industrial production index sheds 4.5% MoM in September
Kuwaiti crude oil price rises 38 cents on Thursday
DXB welcomes 64.5m travellers in 9M/19
International Holdings completes AED 98.5m acquisition
TASI adds 54 pts in week; Market cap hits SAR 1.83trln
Bahrain Bourse loses 5 pts in week
National International records lower profit in 9M/19
Tamdeen Investment posts $1.35m profit in Q3-19
Kuwait Syrian Holding switches to loss in Q3-19
Munshaat Real Estate shifts to profit in Q3-19
Livestock Transport’s loss goes down in Q3-19
Mashaer Holding turns to profit in Q3-19
Dar Al Thuraya Real Estate’s profit grows 15% YoY in Q3-19
Ataa Educational cancels acquisition plan
TASI ends 50 pts higher on Thursday
Emaar The Economic City incurs SAR 202m losses in Q3
Sadara Chemical suffers SAR 1.5bn loss in Q3-19
Egypt plans to allocate EGP 17.5bn for Al-Warraq development
Investcorp, China Resources, Fung Investments launch food investment platform
Al Jouf Cement turns to profitability in Q3-19
KNPC awards KWD 1.9m to HEISCO’s subsidiary
Al Imtiaz subsidiary awarded KWD 3.9 million contract
Aseer deepens losses by 613% in 3M
Egypt’s foreign reserves rise $26.2bn since EGP flotation
Takween suffers SAR 29m losses in Q3
Shams trims Q3 losses by 64%
Jazadco moves to losses in Q3
Al Ezz Dekheila gets FRA’s approval on procedures to acquire ERM
Ithmaar Holding turns profitable in Q3
Saudi Aramco to supply china with 151 kbpd of crude oil in 2020
Boursa Kuwait ends week on losses
Egypt’s gold reserves grow $58m in October
Boursa Kuwait rises for 2nd day in row
ADX falls 13 pts Thursday on banks
European Investment Bank’s investments in Egypt hit EUR 8.7bn
Blue chips boost DFM at Thursday’s close
Emirates Group profits rise 8% in H1-19
Kuwait’s foreign reserves rise 6%
Kuwait Real Estate’s unit buys property in Dubai
Egypt starts gas production at Silva field
Aqar Real Estate Investments launches new subsidiary
Kuwait’s spending on foreign tourism rises 31% in H1
M&A Brief of the Week
Khaleeji Commercial Bank turns to BHB 5.4m loss in Q3
Delta Insurance posts 92.2% YoY profit hike in Q1-FY19/20
Fawry’s shareholders approve board reshuffle
HITEC Dubai to host global marketing campaign for innovative hotels
Kuwait, Switzerland ink double taxation prevention protocol
Indosuez hosts Middle East Investment Conference in Dubai
Canal Shipping’s profit jumps 117% in Q1-FY19/20 on investments
EBRD’s investments in Egypt stand at EUR 5.3bn
DGCX wins 2019 Global Investor Exchange of the Year award