Latest news

Date Title
Kuwait, Saudi Arabia to resume oil production from neutral zone
UAE opens AED 687m residential project in Al Ain City
Egypt inks terms & conditions agreement with Euroclear
Kuwait’s crude oil price rises 57 cents on Friday
Saudi Arabia’s mortgage levels up by 21% YoY in Q2-19
Kuwait Finance House to increase investments in Egypt
Saudi Aramco defers IPO until release of Q3-19 results
Egypt’s TIBA-1 satellite leaves Airbus’ clean rooms
Odin Investments’ capital raise subscription covered by 56.75%
EGX ends week mixed; market cap drops EGP 1.5bn
Egypt’s oil output hits 19m barrels in August
Major trending investments in London include Battersea Power Station – Savills
TASI hits highest level in 30 sessions at Thursday’s close
KAMCO signs KWD 5m loan deal with local bank
CMA approves Saudi Paper’s request of capital cut
Ebtikar acquires additional stake in Masary
Kuwaiti indices end week in rise; liquidity falls 16%
Savills: Outbound investment in real estate from Middle East rises 62%
Egypt drafts new customs law to boost business climate
UAE raises holdings of US Treasury bonds in August
King Salman names new central bank deputy governor
Emaar to launch blockchain-based loyalty platform end-2019
Saudi oil exports hit 8.216 mbpd in August – JODI
Cairo Investment obtains EGP 500m land plot in Badr City
Local deposits hit EGP 2.72trln in August – CBE
ADX gains 19.80 pts in week
Kuwaiti court refuses Ream Real Estate’s grievance against CMA
DFM loses AED 2.3bn in week
World Bank to raise human capital investment in MENA to $2.5bn in 2024
Alujain unit to commence production at polypropylene plant in December
Dubai Parks and Resorts welcomes 1.80m visitors in 9M
Shell plans to start operating concessions in Egypt in H2-20
Saudi Customs, Agility ink MoU to build bonded area
ADX marks 2-session high on Thursday
DFM ends Thursday in red
Arab Co. Asset Management logs EGP 44m profit in 9M unaudited financials
Shaker Group continues to increase efficiency via Turnaround Programme – Interview
Egypt’s holdings of US Treasuries rise to highest level in 10M
Boursa Kuwait ends Thursday in rise amid thin liquidity
Dana Gas extends share buyback programme
Tasjeel opens new vehicle testing centre in Dubai
Orascom Investment reaches settlement with Sound and Light Company
Kuwaiti court obliges Al Imtiaz Investment to pay KWD 4m to KFH
DIB, Tejari JAGGAER collaborate to enhance automating procurement processes
Delta Mills’ shareholders nod to EGP 13/shr dividend for FY18/19
Heliopolis Housing comments on extending pre-qualification deadline
ADX to suspend trading on Etisalat’s stock temporarily
SAGO to buy 595,000 tonnes of feed barley
Saudi Arabia raises US Treasury holdings to $183.8bn in August
Aldar Properties' stock hits highest level since September on Thursday
Fitch affirms Burgan Bank Turkey’s IDR at ‘B+’
ADNOC, Russia’s REA pens strategic framework agreement
Eastern Co’s shareholders approve EGP 1/shr dividend for FY18/19
Alexandria Container’s profit falls 15% in Q1-19/20 unaudited financials
Heliopolis Housing mulls extending pre-qualification deadline
Construction works start at SABIC-Sinopec ethylene project in China
UAE launches ‘MBZUAI’ as 1st research-based AI university in world
TASI, Nomu start Thursday on mixed note
BCI inks SAR 290m letter of intent with Al Hajri Corp
Kuwait’s holdings of US Treasuries hit $44.1bn in August-19
M&A Brief of the Week
ABB to showcase digital Powertrain monitoring services at WETEX Dubai 2019
Faisal Islamic Bank’s business volume grows to EGP 101bn in September
Kuwaiti oil drops 60 cents on Wednesday – KPC
Alujain Corp turns to losses in Q2
CBE issues EGP 19bn T-bills on Thursday
UAE-Vietnam non-oil intra-trade hits $8.2bn in 2018
Securities House’s board recommends KWD 55.5m capital hike
Boursa Kuwait starts Thursday mixed
Aslak’s net profit hikes 120% in Q3
Taameer Real Estate posts 61% lower profits in Q3-19
Emirates NBD’s board nods to AED 758.8m share capital increase
Deyaar posts AED 53m net profit in 9M
Golden Pyramids’ standalone profit hikes 40.5% in H1
EGX ends Wednesday in green; market cap gains EGP 7.5bn
Mulkia Gulf Real Estate REIT to pay SAR 10.2m dividend for Q3
Savills launches new service for 1st time in Mideast business
USD edges down against EGP at banks on Wednesday
Thob Al Aseel, Abo Moati to move to TASI
IMF looking to reach new deal with Egypt – MD
ENOC opens new stations in Sharjah
Aldrees logs SAR 17m profits in Q3
Sheeni’s shareholders vote against liquidation despite losses
Global Investment House pays $12m dividend to GOF I clients
Saudi STV to expand tenfold to $500m in 2025
Etihad, Air Arabia collaborate to establish Abu Dhabi’s 1st low-cost carrier
Dana Gas buys back 1.5m shares
Hadisolb rejects FY18/19 financials amid liquidation concerns
Commercial Bank of Dubai records AED 1.063bn net profit in 9M
US-Saudi Arabian Business Council names new CEO
ADX sees upward trend on Wednesday
Boubyan Petrochemical receives KWD 21m offer to sell stake in Nafais
DFM ends Wednesday in green
Saudi Arabia to host Sustainable City Symposium in November
Kuwaiti indices close Wednesday’s session in rise
Mubadala sells 37% stake in Spain’s Cepsa
Egypt’s wheat output hits 8.6m tonnes in FY17/18 – CAPMAS
Abu Dhabi Digital Authority launches AI Lab to boost gov’t efficiency
Edamah inks BHD 4.5m deal with Khaleeji Commercial Bank
Kempinski Hotels launches new luxury project in Makkah