Latest news

Date Title
Aslak’s Q2 profit falls 18%; H1 dividends approved
Boursa Kuwait opens Thursday down on financial services
EFG Hermes to offer two companies before year-end
Foreign holdings of Egypt’s public debt instruments hit $19.2bn mid-June
Bahrain C. bank issues BHD 300m bonds
Egyptian economy grows 5.6% in FY18/19 – PM
Esterad Investment posts $2.5m profit in 6M
FAB makes significant progress in H1 profits – CEO
Egypt records EGP 104bn primary surplus in FY18/19
TASI closes near stability on Wednesday
Sipchem completes scheduled periodic maintenance in IVC plant
NBE raises mortgage funding to EGP 7bn end June
Arriyadh Development’s board proposes SAR 71.1m dividends
Arriyadh Development reports profit decline in Q2
FAB records AED 6bn net profit in H1-19
EGX ends Wednesday in red on local, Arab sales
NBK Egypt names new vice chairman
Saudi Arabia’s holdings of US treasuries up 10% in May
Kuwait decreases holdings of US Treasuries in May
Kuwait C.bank approves Warba Bank’s $500m sukuk issue
Jiyad seals $14m financing deal for unit
Egypt Free Shops’ board proposes EGP 99.9m dividends for FY18/19
Saudi Arabia launches $830m projects for pilgrims
KFH records KWD 108m profits in H1-19
Egypt Kuwait Holding starts gas output from North Sinai field
UAE’s CBD logs AED 701m profits in H1
SIEC’s stock marks 7M-high on Wednesday
Selective buying pushes up ADX on Wednesday
DFM posts 3-session losing streak Wednesday
Boursa Kuwait's indices rise at Wednesday’s finish
GFH to manage French Accor Group’s 1st Raffles retreat in Bahrain
EU pumps EUR 72m to support energy projects in Egypt
B Investments’ unit pens $30m smart water meters deal in KSA
UAE cuts holdings of US Treasury bonds in May
Mubadala Petroleum inks farmout deal with UK’s Premier Oil
Egypt Free Shops posts 17% profit growth in FY18/19
SODIC inks deal with CIB to raise credit facility to EGP 500m
EG Bank to raise capital through bonus shares
Qalaa Holdings' investments in Dina Farms hit EGP 500m
Abu Dhabi’s residential capital values slip 13.3% in Q2 - ValuStrat
Opportunities in 2 sectors under evaluation - Amanat Holdings
Aldrees sees 15% rise in Q2 profits in initial financials
Egypt’s local deposits rise to EGP 2.58trn in May
DSI appoints new CFO
DIB posts AED 2.75m profits in H1
Emirates NBD’s stock jumps early Wednesday on H1 robust profits
Boursa Kuwait opens Wednesday down
AUB Kuwait posts KWD 31m profit in H1-19
Emirates Islamic profits jump 39% in H1
Emirates NBD logs AED 7.5bn profits in H1
Zambia offers $240m investments to Egyptian companies
Khalifa Fund concludes $100m finance agreement with Ethiopia
Foreign deposits in Egypt decline in May
Egypt’s local liquidity reaches EGP 3.79trln in May
EIPICO rejects Egy Lease’s offer to acquire entire stake in MUP
Salhia Real Estate’s unit closes credit facility pact
Foreign holdings of Egypt’s T-bills rise to EGP 276bn end May
Al Imtiaz’s unit inks $9.8m contract with Mina Abdullah refinery
Egypt’s foreign trade tax revenues hit EGP 35.5bn in 11M
Aqar Real Estate’s stock sees KWD 375,000 deal
NBB posts $106.4m profit in 6M
EGX ends Tuesday mixed; market cap gains EGP 1.75bn
Kuwait C.bank sells KWD 240m bonds; oversubscribed 11 times
Kuwaiti C. bank int’l assets hit $39.4bn in May
Egypt’s GDP likely to grow 6% in FY21 – World Bank
Saudi indices end Tuesday with mixed performance
UNICAP denies delisting from Boursa Kuwait
UAE’s Al Ghurair plans to set up new projects in Egypt
Boubyan Bank inks tech services agreement
Sharjah Airport receives 6.6m passengers in 6M
ADX ends Tuesday in green
Egypt-Sudan power interconnection project starts operation by end 2019
GFH acquires $100m tech Offices portfolio in US
UAE-Canada bilateral trade hits AED 7.8bn in 2018
Suez Canal Economic Zone eyes $55bn investments in 15 years
DFM gains AED 1bn on Tuesday
Emaar to commence 1st residential cluster at Creek Beach District
Egypt offers 2,000 new investment opportunities
Kuwait crude oil down 70 cents on Monday – KPC
Boursa Kuwait’s indices close Tuesday mixed
MM Group’s board nods to Ebtikar’s EGP 60m capital raise
Amlak Finance nears restructuring of $1.2bn with creditors
CI Capital approves setting up EGP 100m consumer durable firm
Al Othaim Markets’ stock hits all-levels high in 15M
Kima’s financial indicators reveal 75% profit fall in FY18/19
Dubai to host Global Investment in Aviation Summit 2020
Saudi Aramco eyes partnership with Russia’s Lukoil
Egypt needs to invest $30bn in electricity sector by 2023 – Report
HSBC eyes expansion in UAE
Arzan Financial’s unit sells EUR 22m equity in Dutch firm
Saudi PIF acquires 40% stake in JV from Aramco, Jacobs
Egypt’s car tax revenues hit EGP 5.5bn in 11M
Delta Mills FY18/19 financial indicators show 39% profit drop
Human Soft records KWD 17m profit in H1-19
Dubai’s CPI marks 7-month low in June
Saudi indices open Tuesday on mixed note
Moody’s assigns (P) A1 rating to Samba Financial Group
Boursa Kuwait’s indices down early Tuesday
UAE’s DGCX, Nepal’s MDX ink knowledge exchange MoU
SAMI acquires majority stake of AACC