Latest news

Date Title
Fawry’s offering oversubscribed by 16X
Saudi Arabia’s bank deposits rise by SAR 63.3bn in June – SAMA
SAGIA inks $200m protocol with Danish, Saudi companies
Moon Capital ups stake in EKH
Egyptian Arab Land Bank nets $500m proceeds in 21M
Boursa Kuwait ends week in green
Serco reports positive results for H1-19
Yiaco Medical turns to profit in Q2-19
Banks drag down Saudi market at Thursday’s close
Raya borrows EUR 5m from EBRD
Al Babtain records SAR 41m profits in 6M
MEPCO moves to losses in 3M
Foreign deposits in Egypt hit EGP 714.6bn in June
KIB’s financing portfolio stands at $5.65bn in H1 – Chairman
Egypt’s local liquidity registers EGP 3.86trn in June
Mubarrad Holding Q2 profits jump 98%
Sisi approves EUR 63.6m funding from European Commission
Markaz’s profit hikes 30% YoY in Q2-19
Umm Al Qura Cement logs SAR 34m profits in 6M
General Company for Silos FY18/19 profits grow 9%
NBE finances e-commerce project with EGP 760m
Napesco wins $22m contract from Kuwaiti, Saudi firms
ABK records KWD 10m profit in Q2-19
Arab Bank’s H1 profits hit SAR 2bn
Deyaar logs AED 36.7m net profit in H1
Al Khodari delays disclosing financial results of FY18, Q2
Gulf Cement turns to losses in Q2-19
DFM loses AED 1.7bn on Thursday
KIPCO forecasts $100m dividends in 2019
Italy’s Azimut Group to complete Rasmala acquisition deal in 10 days
Al Jazira Takaful appoints FALCOM as financial adviser
Aayan Real Estate posts 84% profits in Q2-19
ADX sheds 87.68 pts on Thursday
Egypt allocates EGP 328bn to social protection in FY19/20
United Arab Stevedoring's unaudited financials show EGP 23m losses in FY18/19
ADNIC announces H1 consolidated interim financial results
Steigenberger Hotel El Lessan opens in Damietta
NMC posts SAR 14m profits in Q2
Boursa Kuwait ends Thursday in green amid lower liquidity
M&A Brief of the Week
Global Telecom’s board approves three-month extension of VEON’s loan
Global Telecom’s H1 profit rises to $26m
Dubai Refreshments discloses interim financial results for H1
Juhayna reports EGP 180m profit in H1
Dubai Investments’ stock dominates DFM’s trading volume mid-Thursday
Al Abdullatif Industrial’s Q2 profits jump 45%
Saudi Steel Pipe posts 72% lower losses in Q2-19
Egypt earns $48.2m from Sukari mine in H1
Orient insurance posts Q2 consolidated interim financial results
Marakez’s losses widen 37% in Q2-19
ENBD REIT registers $255m net asset in Q1
Al Massaleh’s losses narrow 93% in Q2-19
Saudi Printings suffers SAR 37m losses in H1
Middle Egypt Mills' unaudited financials post 8% profit drop in FY18/19
TASI inches down early Thursday
ADIB Egypt’s H1 profit jumps 74%
CBE issues EGP 19bn T-bills on Thursday
SISCO records SAR 21m profits in Q2
Egypt keeps customs USD exchange rate at EGP 16 in August
KIB records KWD 9.6m profit in H1-19
Dubai Investments logs AED 151m profit in Q2
SAMA cuts repo rate to 275 basis point
Saudi Printing’s losses deepen 346% in Q2-19
Emaar Malls to open Dubai Hills Mall in 2020
Boursa Kuwait’s indices open Thursday mixed
Tabreed’s H1 net profit up 11%
ADX gains AED 33bn in July
DFM marks highest monthly gain in 4 yrs
UNB Egypt approves optional write-off of shares on EGX
Castle Development launches EGP 450m project in New Administrative Capital
Samba records SAR 935m profit in Q2-19
Bank Albilad achieves SAR 305m profit in Q2-19
United Real Estate turns to profit in Q2-19
Rain cryptocurrency exchange receives license from Bahrain C. Bank
Misr Italia to invest EGP 3bn in Mideast’s first vertical forest
Saudi indices ends Wednesday on mixed note
Alrai Media H1 profits plunge 90% on declining Ads market
Raya Foods plans to raise export sales to $250m in 2019
Suez Cement pens petcoke purchase deal with Egyptian Refining
Kuwaiti public debt instruments register $11.2bn in FY18/19
UAE finance ministry, Etisalat ink deal on e-Dirham payment services
ZAIN posts $321m profit in H1-19
Park Inn expands footprint in Saudi Arabia
Nile Pharma's unaudited financials log EGP 17.4m profit in FY18/19
Tamdeen Investment’s Q2 profits hike 134%
National Industries records KWD 16m profit in Q2-19
Raya Foods in talks with KSA, Japan to export agricultural products
Emirates NBD completes acquisition of Turkey’s Denzibank
ADX ends lower on Wednesday; market cap hits AED 542bn
Global Telecom, GB Auto among companies delisting from EGX 30
UAE, Saudi Arabia acquire majority of Gulf M&A deals in H1
Edaa launches ‘Paying Agent’ service for market participants
Emaar Properties boosts DFM at Wednesday’s finish
Amlak Finance’s profit levels down in H1-19
Tafawuq introduces 1st boat to its fleet in Abu Dhabi
Oman’s OMR 60m Duqm fishing port to open in 2020
Emaar Malls records AED 1.13bn net profit in H1-19
Arabian Cement, Egyptian Refining ink petcoke deal
Saudi Arabia’s budget deficit hits SAR 5.7bn in H1 - MoF
MEFIC Capital acquires 44% stake in Meras Arabia