Latest news

Date Title
Bank of Sharjah Q1 profit falls 38%
Egypt offers EGP 40bn investment opportunities in internal trade
UAE’s du becomes MENA’s 1st VMware Cloud verified provider
Aman seeks to inject EGP 700m finance in 2019
Flyadeal to add 50 NEO aircraft to its fleet
UAE’s ADCorp, US Sands Capital partner to offer sharia-compliant funds
Boursa Kuwait closes Sunday higher on banking sector
Misr Insurance Holding’s units to post EGP 4.3bn profit in FY19/20
Alinma Bank appoints new chairman, vice chairman
Blue chips boost ADX on Sunday
EGX continues trading suspension on three stocks
Emaar drags down DFM at Sunday’s close
Shams withdraws from Hemaia Group’s acquisition deal
Alexandria Pharmaceuticals posts 9% profit drop in 11M
UAE gold prices decline in July
Emaar Misr, El Nasr Housing ink Uptown Cairo settlement deal
Women’s real estate investments in Dubai hit AED 8bn in 6M
Ezz Steel turns to losses in Q1
Noor Bank raises AED 507m for Azimut's FMP
Alujain Corp inks MoU to acquire Mobi
Al Ezz Dekheila Steel turns to losses in Q1
National Industrialization elects new board of directors
Egypt plans to accelerate economic growth to 6% – Minister
Wafrah names new chairman, vice chairman
Kuwait’s banks likely to see 10% rise in H1-19 profits – Analyst
EBE’s loan portfolio to hit EGP 27bn in FY18/19
Almarai names Georges P. Schorderet as new CEO
Etihad Credit Insurance, Emirates NBD ink MoU to boost UAE businesses’ global footprint
Almarai’s initial financials post 12% drop in Q2
Saudi indices start Sunday in red
GFH discloses June market-making activities on DFM, Bahrain Bourse
USD stabilises against EGP early Sunday
Amanat Holdings’ stock jumps 4.17% early Sunday
CBE issues EGP 18.75bn T-bills Sunday
Boursa Kuwait opens Sunday in green
Arabian Pipes’ FY18 accumulated losses down to 5.25% of capital
UAE’s Etisalat bids for telecom licences in Ethiopia
Riyadh Bank to pay SAR 1.6m dividends for H1
UAE’s Bayt.com eyes going public
GCC to attract further gains this week - Analysis
Adnoc Distribution to partially suspend services for update
Egypt-Algeria trade hits $201.4m in Q1
Telecom Egypt, Banque Misr sign pact for mobile wallet service
Egypt’s gold reserves level up 2.5% in June
Samba inks USD loan deal with Asian banks
CBE to hold interest rates – Report
ADX’s market cap hits AED 513bn in week
DFM’s general index levels up 0.8% in week
UAE's Etihad Rail seeks $2bn loan
TASI gains 50 pts in week
Saudi Arabian ups oil output in June
QSE levels up 122 pts in week
Boursa Kuwait’s indices end week in green
Bahrain Bourse’s index adds 43 pts in week
UK’s Actis to take over $2.59bn Abraaj’s funds
Kuwait, Saudi Arabia reach agreement on neutral zone
Egypt moves fuel prices on Friday
Egypt’s oil exports grew 41.6% YoY in 9M
Egypt’s int’l reserve hits $44.35bn in June
EBRD provides EGP 415.75m loan to Elsewedy Electric’s unit
Egyptian Arab Land Bank to provide EGP 500m loans
Saudi Aramco sets Arab Light crude’s August price
Educational Holding posts $20m profit in 9M
Egypt’s tourism revenues rise to $9.4bn in 9M – CBE
Abu Dhabi’s foreign trade drops 7.2% YoY in April 2019
Egypt’s Suez Canal receipts hit $4.3bn in 9M – CBE
Seera Holding annuls REIT agreement; inks pact with SAIB
EGX ends Thursday below 14,000 pts
Misr Italia launches IL Bosco City with EGP 22bn investments
TASI falls, Nomu grows 129 pts at Thursday’s close
EGX-listed real estate firms post EGP 6.6bn revenues in Q1
Manazel Holding’s unit inks $7.5m deal with Egyptian developer
Arab National Bank to pay 5% dividends for H1
Egypt's net FDI drops to $4.6bn in 9M – CBE
Kuwait indices see 3rd active liquidity in 2019 on Thursday
Alahli Takaful not to distribute dividends for FY18
Dubai Holding unveils outstanding performance in 6M
Al Ma’athar REIT logs SAR 21m operating profit in 6M
Remittances from Egyptian expats hit $18.2bn in 9M
Abu Dhabi’s non-oil trade hits AED 71.4bn in 4M
Egypt’s BOP deficit falls to $351m in 9M
Oula Fuel Marketing’s board nods to ProntoWash acquisition
Saudi Arabia’s internet users to reach 30m by 2022 – Cisco
Blue-chip stocks boost ADX Thursday
Banks, investment stocks weigh on DFM Thursday
Egypt’s court cancels fees on imported iron billets
M&A Brief of the Week
UAE unveils Eid Al Adha holiday for private sector
Petrobel makes new oil discovery in Abu Rudeis
UAE announces Eid Al Adha holiday for public sector
Kuwait’s Agility expands in Oman
Arafa for Investment posts 13% profit drop in Q1-19/20
Asharqia Chamber to build SAR 335m investment tower
Global Telecom names new CEO
USD trades steady against EGP early Thursday
CIB joins DETF to support digital economy
Dubai Duty Free accepts Indian rupee for financial transactions
Kuwait crude oil drops $2.28 on Wednesday – KPC
Misr Insurance Holding to float 2 units on EGX by end-2020
KEC, Riyadh Capital ink deal to manage real estate fund