Latest news

Date Title
Boursa Kuwait’s indices close in red Thursday
Japan’s Nikken Sekkei unveils world’s longest cantilever in Dubai
Healthcare sector to see EGP 27.5bn investments in FY19/20 – Ministry
Saudi Kayan restores feedstock typical supply levels
El Kahera Housing’s profits shrink 69% in H1-19
Yansab’s feedstock supplies reach normal levels
GSK Egypt’s profit drops 57% in 2018
Facebook Accelerator London to support African startups
Emaar Properties’ stock hits lowest level in 2M in Thursday’s mid-trade
ERC to start commercial operation in Q4 – Qalaa Holdings
Moody's assigns B2 rating to $1bn Bahraini bonds
ASCOM turns profitable in H1
Takaful Emarat to appoint new CEO
M&A Brief of the Week
Nestlé Middle East launches 10 GWh solar plant in Dubai
Qalaa Holdings suffers EGP 450m loss in H1 despite higher revenue
Moody's withdraws rating of Dubai’s Jafza
Egypt buys 300,000 tonnes of wheat in int’l tender
Kuwaiti indices start Thursday’s session in red
SABIC says feedstock supplies return to normal
CBE issues EGP 19bn T-bills on Thursday
Alhokair’s shareholders consent to SAR 340m acquisition
Sipchem to distribute SAR 0.60/shr dividends for H1-19
Abu Dhabi, Dubai welcome 10.86 tourists in 6M
UAE’s consolidated gov’t finances surplus hits AED 49.42bn in H1
Al Salam Bank continues buying treasury shares
Saudi Arabia launches $23bn urban projects in Riyadh
Damac Properties to continue operations in 2020 despite challenges – Chairman
Derayah Financial inks $14.6m deal to buy properties in Saudi Arabia
Ream Real Estate turns to loss in Q2-19
Prometeon Tyre ups investments in Egypt to $200m
EGX snaps losing streak at Wednesday’s close
TASI levels down 40 pts at Wednesday’s close
ITIDA, Valeo ink MoU to set up 2 smart service centres in Egypt
Integrated Holding’s profit may drop in 9M – Analyst
National bank of Fujairah raises $350m in 5-yr bonds
Misr Hotels not to pay EGP 263m to gov’t – Court ruling
GACO extends non-binding MoU for acquisition deal
ADX gains AED 779m on Wednesday
Boursa Kuwait’s indices end higher on Wednesday
ADX strengthens ties with China’s SSE
Egypt Aluminum proposes EGP 0.50/shr dividends for FY18/19
In a first for GCC, Uber launches taxi service in Saudi Arabia
DFM maintains bearish trend on Wednesday
Foreign investors flock to buy Egypt’s T-bonds
UAE’s ECI, economy ministry to motivate national investors to expand globally
Saudi Drwazah to invest EGP 10bn in Egypt
Aljazira Capital sets TP of Saudi German at SAR 29.6
Egypt’s non-oil exports hit $17bn in 8M
Dynamic currency conversion now available at Emirates Islamic’s ATMs
OPIC pens deal to invest $10m in Egypt’s LimeVest Partners
Domty inks EGP 100m loan deal with CIB
UAE’s money supply M1 hits AED 509bn in 8M - C. bank
Kuwaiti oil down 26 cents on Tuesday – KPC
Metal and Recycling awarded KWD 815,800 tender
EG Bank allocates 5.4m bonus shares to employee incentive scheme
Petrochem says subsidiary to reduce capital to SAR 1.4m
Egypt to float shares of 5-6 state-run firms in FY19/20 – PM
Al Sorayai’s board proposes capital hike
Dubai’s retail logistics industry creates alternative investment opportunities - JLL
Emirates NBD launches UAE’s 1st digital business bank for entrepreneurs
Al Salam Bank buys 335,000 treasury shares
Tahya Misr Fund contributes EGP 1bn to development of Asmarat city
Abu Dhabi’s hotel guests grow 3.5% YoY in H1-19
Dubai’s real estate transactions soar in September
Egypt sets up EGP 430m technology zone in New Beni Suef
Raya Contact Center uses EGP 99m of capital raise proceeds
TASI marks 4th daily growth in row at Tuesday’s end
EGP drops against USD on Tuesday at local banks
Bahrain C. bank sells BHD 100m bonds
EGX30 slides below 13,200 pts at Tuesday’s close
Kuwait C. bank issues KWD 6bn bonds, related tawarruq in 9M
Soft property sector weighs on UAE banks' asset quality - Fitch Rtgs
Elaraby Group sees EGP 3.4bn investments in Beni Suef’s complex
Saudi Arabia’s inflation shrinks 1.1% YoY in August
KFH Capital REIT may receive KWD 25m capital as 1st tranche – CEO
Egypt accepts EGP 5.8bn T-bond bids
UAE’s IMKAN awards AlJurf’s enabling works contract to NBHH
ADX ends Tuesday slightly up
NBK Capital manages Warba Bank’s $500m sukuk issue
MM Group continues to raise contribution to Ebtikar’s capital
DFM loses 31.93 pts on Tuesday
Arab Engineering Industries in talks with banks, financial leasing firms
Boursa Kuwait’s indices see mixed performance at Tuesday’s close
Emirates NBD launches new portal for supply chain, trade finance clients
KABO's unaudited financials log EGP 27m profits in FY18/19
Egypt’s Mashroak injects EGP 516m loans in 2M
Kuwait’s crude oil exports level down in 7M
Pharos Securities Brokerage obtains short selling licence
DSI appoints Shuaa Capital to advise on debt restructuring
Egypt invests $10.2bn in oil, gas sectors in FY18/19
Abu Dhabi Ship Building’s stock leads ADX gainers in Tuesday mid-trade
EGX indices decline early Tuesday
Orascom Investment incurs EGP 153m loss in H1
Kuwait C.bank offers KWD 200m bonds; oversubscribed 12.9 times
Orascom Development to see minimal impact from Thomas Cook collapse
Azizi Developments opens 16-storey residential tower in Dubai Healthcare City
Egypt's Zohr gas output hits 2.7 bcfd in August – Cabinet
Petro Rabigh’s feedstock supplies restored
Mubadala Investment to invest $500m in US’ Cologix