Latest news

Date Title
Thomas Cook owes EGP 125m to Egypt’s Blue Sky Group
ADX sees bearish trend on Monday
DFM gains AED 166m on Monday
Delta Insurance announces new board
Damac Properties celebrates 4.4m safe worker hours at AYKON City
European Investment Bank’s investments in Egypt hit EUR 8.7bn
Kuwaiti indices end Monday in red
Julphar to offset AED 561.7m accumulated losses
Cairo Investment to pay EGP 215m to NUCA in October
Dar Al Thuraya withdraws from KWD 7m investment
Emaar Properties lists $500m sukuk on Nasdaq Dubai
Maridive eyes new markets after suspending operations in Venezuela
IFA Hotels incurs KWD 494,075 losses from selling investment
Cairo Investment, EBRD pen EGP 500m funding deal
Sultan Center Food to issue KWD 15m convertible bonds
ADIB launches Samsung-operated mobile wallet system for Visa covered cardholders
ECS seeks to ink deal with Administrative Capital for Urban Development
Dubai to overtake New York as global branded residences capital - Savills
SODIC’s ‘The Estates’ generates EGP 1bn in sales on 1st day
Maridive’s H1 standalone financials show $3.6m loss
CBE issues EGP 3.75bn T-bonds on Monday
Union Properties’ chairman withdraws resignation
Saudi SPMC’s accumulated losses rise to SAR 129.13m
Boursa Kuwait opens Monday’s session in rise
Dana Gas buys back 500,000 shares
ADNOC Distribution’s board nods to AED 1.194bn interim dividend
Emirates to launch 1st A380 service to Cairo early October
“Digital securities can be a very efficient way of raising capital” – Wai Lum
EGX ends Sunday in green; market cap gains EGP 21bn
Egypt seeks to increase goods under QIZ protocol
Pioneers Holding uses capital raise proceeds in financing its units
KFH-Turkey receives request to write off bad debts
Taqa raises $500m via 30-yr bonds issue
Fitch affirms ABK, Boubyan Bank’s IDRs at ‘A+’; Outlook ‘Stable’
Alexandria Pharmaceuticals approves EGP 11.2/shr dividend for FY18/19
ENOC Group unveils UAE fuel prices for October
Orascom Development’s O West generates EGP 2.2bn in sales to date
Saudi-Vietnam trade exchange hits $1.1bn in 8M
Boursa Kuwait closes Sunday down for 2nd time in row; liquidity falls 43%
Banks stocks boost ADX on Sunday
Banque Misr injects EGP 54bn into national projects – Interview
DFM ends Sunday in red
Fitch Rating affirms GBK’s IDR at ‘A+’; outlook ‘Stable’
AMOC’s shareholders nod to EGP 452m dividend for FY18/19
Dubai attracts AED 46.6bn FDI in H1
Kahira Pharmaceuticals approves dividends, bonus shares for FY18/19
Al Mal Investment mulls converting to holding company
Pioneers Holding’s profit jumps 71% in H1
Egyptian Resorts unveils EGP 444.4m development
Real Estate Egyptian Consortium approves stock split
Arab Drug Co approves cash dividends for FY18/19
Maaden’s chairman submits his resignation
Egypt sets up EGP 490bn projects in FY18/19 – Ministry
GFH to maintain diversifying business on CI Rating’s affirmation
Feedstock supplies reach normal levels - Advanced Petrochemical
Abu Qir Fertilizers approves raising dividend for FY18/19
Petrochem’s feedstock supplies restored to normal levels
CMA approves merger between Al Aman Investment, Securities House
Bahri to distribute SAR 0.5/shr dividends for H1
CMA nods to Maaden’s capital raise through SAR 2.99bn debt conversion
CBE issues EGP 18.75bn T-bills on Sunday
Bloomberg to host Abu Dhabi’s 1st Capital Markets Forum in October
Boursa Kuwait opens Sunday mixed
GCC bourses await new catalysts – Analysis
Output of EGA’s Al Taweelah refinery to reach 1m tonnes by year-end
Bahrain signs visa exemption agreement with Hungary
Capital Intelligence gives 'BB', 'B' credit ratings to GFH
Capital Intelligence affirms ADCB’s credit ratings at 'A+', 'A1'
UAE Italy non-oil trade hits $7.6bn in 2018
Egyptian S. Korean trade soars in 2018
Saudi Arabia awards $106m contract for water pipeline
Indian antitrust agency approves SABIC’s acquisition
S&P affirms Saudi Arabia’s credit ratings at ‘A-/A-2'
ADX loses over 55 pts in week
DFM sheds 21.5 pts in week
Dubai Land Department inks 9 MoUs in Cityscape Global
Saudi Arabia signs $27bn MoUs, agreements to boost tourism
Saudi Arabia launches fast visa for 49 countries
IFA Hotels sells KWD 1.57m subsidiary
EGX’s indices shrink in week; Market cap loses EGP 42bn
Buruj’s board proposes SAR 30m dividends for 2018
Egypt’s exports to EU grow in H1-19
Boursa Kuwait’s indices rise in week
Bahrain Bourse levels up 31 pts in week
Tourism contributes AED 164.7bn to UAE’s GDP in 2018
Majis I­­­­­ndustrial Services, Toshiba sign OMR 3.27m water treatment contracts
NBE not to cut interest rates on savings certificates – Vice chairman
Orange Be Global obtains 10,000-feddan land in Egypt’s New Valley
Samba prices $1bn int’l 5-year bond; 1st transaction in 13 yrs
CBE cuts interest rates by 1%
Egypt denies raising income tax, fuel prices
Ras Al Khaimah to host region's 1st WTTC forum in October
ADX ends Thursday in red
Tasnee feedstock supplies’ resume to normal levels
Egypt’s manufacturing index up 8.8% in July – CAPMAS
Egypt injects EGP 20bn into 10th of Ramadan City in 5 yrs
Investors seal SAR 18.27m deals for two Tadawul-listed stocks
US Prudential Financial's unit to invest in Sarwa Life Insurance
DFM maintains bearish trend on Thursday
KABO turns to loss in FY18/19