Latest news

Date Title
Wataniya names new chairman, vice chairman
Batelco posts $90.2m profit in H1-19; Board approves cash dividends
Sadfco’s Q2 profits grow 16%
EGX hovers above 13,500 pts at Thursday’s close
Boursa Kuwait registers negative performance in week
Saudi Electricity’s Q2 profits fall 57%
Saudi Banks enjoy higher profitability in 2018; Asset quality remains under pressure – Fitch
Saudi indices end Thursday on mixed note
Ajlan Group, Chinese firm to set up aluminium complex in Egypt
Fitch affirms SAIB’s rating at ‘BBB+’; outlook stable
ADX gains AED 15.6bn in week
Delta Sugar’s H1 profit falls 17%
Fitch affirms Saudi Arabia’s GIB rating at ‘BBB+’; outlook stable
Kuwait’s crude oil exports decline 5% in May
Misr Oils and Soap's FY18/19 unaudited financials turn negative
DFM marks 4-week high
ADX snaps 7-session winning streak on Thursday
QPIC logs 7.7% profit decline in Q1-19
Boursa Kuwait closes Thursday higher for 2nd session in row
Cutting fuel subsidies guards Egypt’s budget against oil price changes – IMF
M&A Brief of the Week
Profit-taking weighs on DFM Thursday
Ataa Educational assigns 10 shares per subscriber in IPO
NEOM 2nd phase to start by end-2019 – CEO
Dubai among 7 best cities for retirees - Forbes
Bahrain Kuwait Insurance profits climb 97% in Q2-19
Egyptian Investment Holding sells entire stake in Egyptians for Housing
Bank of Sharjah elects new chairman
Ajlan & Brothers plans to build industrial, residential complex in Egypt
Kuwait’s crude oil rises to $64.93 pb on Wednesday – KPC
Egypt, OFID ink $14m wheat silo deal
UAE’s du targets AED 1bn savings by 2020
Banks push down Saudi indices early Thursday
CMA registers KPMG Al Fozan & Partners as certified public accountants
Insurance House posts comprehensive income of AED 9.20m in H1
Metal and Recycling’s losses widen 18.5% in Q2-19
CBE issues EGP 19bn T-bills on Thursday
Astra logs SAR 25m profits in 6M
Horizon invests EGP 420m in Elite project
Emaar to deliver 5,335 units in Emaar South in 2019
AlSorayai names Mark Henry as new CEO
Jabal Omar turns profitable in Q2
Automated Systems Q2-19 financials turn to losses
Emaar comments on MoU signed with China’s BNA
Boursa Kuwait’s indices open Thursday mixed
Kuwait Resorts Q2 profits decline 2%
Napesco records KWD 4m profits in Q2-19 on higher sales
DP World invests $45m in Chile’s Puerto Lirquén
Tadawul approves listings SAR 5.2bn gov’t debt instruments
UAE, Indonesia firms ink $9.7bn agreements
Burgan Bank’s profit reaches KWD 44.8m in H1-19
IMF agrees to disburse $2bn loan tranche to Egypt
Sipchem’s profit levels down in Q2-19
ADIB posts AED 630m profit in Q2-19
UAE tops Arab countries on 2019 Global Innovation Index
ADGM solidifies cooperation with Beijing
New Alamein City likely to be Egypt’s second capital – PM
Kuwait’s public debt outstanding balance goes down in 2018
Saudi indices end Wednesday in red
Mabanee records KWD 14m profit in Q2-19
EGX ends Wednesday mixed; market cap loses EGP 430m
ASharqiyah Development’s losses fall 56% in Q2
Egyptian MoF to install new kiosks for property taxation
Aman for Microfinance offers EGP 225m finance in H1-19
Noor Bank H1 profits hike 29%
SODIC’s headquarters to be solar-powered by 2020
Rimera Group opens unit in UAE
SASCO’s Q1 profits fall 44%
GBK’s 16% capital sold at 312 fils/shr
Saudi gov’t spending on megaprojects boosts real estate market – JLL
Ooredoo’s profit leaps 117.5% in Q2-19
Abu Dhabi’s Reportage Properties eyes expansion in Dubai - Interview
Abu Dhabi’s GDP at current prices registers AED 226bn in Q1
NBE sells EGP 183m Aman certificates
National Marine Dredging wins AED 50m contract in Jubail Island
Kuwait mulls assigning Jaber Al Ahmad bridge works to Hyundai
Aldar Properties’ stock boosts ADX’s gains on Wednesday
DFM hits highest level in year on Wednesday
NBE’s customer deposits hit EGP 1.18bn in FY18/19
NBE’s retail loan portfolio hikes 59% in FY18/19
Boursa Kuwait rises at Wednesday’s close
ECA inks collaboration deal with VHO to build world-class hyperloop
ADNOC, Indonesia’s Pertamina ink CSF agreement
Nakheel launches 1st phase of high-end villas project at Nad Al Sheba
Porto Group set to launch Golf Porto Cairo in Mostakbal City
Emaar launches 5th phase of Expo Golf Villas
North Cairo Mills posts 61% profit drop in FY18/19
Raydan Food to open new branch Makkah
Sheikh Mansour’s ESIC debuts $600m sukuk
Saudi Egyptian Investment’s profit grows 8% in H1
Petrobel announces new natural gas discovery in Nile Delta
GTH’s equity valued at EGP 23.26bn
Emaar Properties’ stock acquires 31.5% of DFM’s liquidity mid-Wednesday
SIDC suffers SAR 2m losses in Q2
Sharjah Islamic Bank discloses Q2 interim consolidated financial results
Egypt buys 300,000 tonnes of wheat from int’l traders
Ataa Educational’s IPO oversubscribed by 426%
Eshraq Investments logs AED 4m profit in H1
Saudi indices open Wednesday in green
AFD ready to finance Alexandria's tram network with EUR 100m