Latest news

Date Title
Boursa Kuwait’s indices show mixed performance in week
Bahrain Bourse adds over 13 pts in week
Saudi Arabian general reserves level down 16.7% YoY in May
Saudi int’l reserves grow SAR 46.9bn in May
Global Lease seeks EGP 400 finance from 2 banks
SAMA’s assets go up SAR 34.17bn in May
Adnoc closes $4bn deal with US’ BlackRock, KKR
Egypt approves making domestic debt euroclearable
VIVA Bahrain launches home broadband 5G network
EGX, CBE announce 30 June revolution holiday
EGX ends Thursday in green on foreign purchases
M&A Brief of the Week
HEISCO wins $42.3m contract from KPC
Egyptian expats’ remittances in UAE hit $627m in Q1-19
Dar Alarkan names Youssef Al Shelash as new chairman
TASI adds 109 pts, Nomu grows at Thursday’s close
MetLife AIG renews insurance policy for Arab National Bank
Al Kathiri Holding gets Riyad Bank’s approval to renew Islamic facility deal
Porto Group takes procedures to claim $39.9m from Antaradus
National Grid, ACWA Power, CET pen MoU
UAE fuel prices to slash in July
Warba Capital boosts capital to KWD 10m
UAE to lure further foreign investments – Emirates NBD
Saudi Aramco, Malaysian Petronas to restart JV crude unit in July
Kuwait pushes for extending oil output cut pact
AMOC eyes EGP 416m profit in FY19/20
Saudi Aramco, Hyundai Oilbank pen 20-yr crude oil supply deal
Banque Du Caire in talks with MSMEDA over EGP 200m loan
Blue chips boost ADX on Thursday
Sisi approves law to raise military pensions by 15%
DFM ends Thursday in green
eXtra inks SAR 166m Murabaha deal with Al Rajhi Bank
Boursa Kuwait ends Thursday in greed amid thin liquidity
National Petroleum Construction eyes 34% revenue growth in 2019
Two property funds eye listing on Boursa Kuwait end-2019
Alafco to lease 4 planes to Chile's Sky Airline
Jazeera Airways boosts A320neo aircraft with new engine
Emaar Properties acquires 22% of DFM’s liquidity mid-Thursday
Etihad Atheeb reduces losses by 71% in 3M
General Company for Silos logs EGP 94m profit in 11M
Dubai welcomes 171,000 visitors from GCC in Eid Al-Fitr
Egypt-G20 trade hits $66.8bn in 2018 – CAPMAS
UAE’s LuLu Exchange, SALE International ink deal for e-top up service in Oman
Dubai’s DAE buys back 4% stake held by Emaar Properties
Kuwait’s KUFPEC makes significant gas discovery in Malaysia
TASI starts Thursday in green
Aljazira Takaful, Solidarity ink MoU for potential merger
Expo 2020 Dubai seals $653.4m contracts with SMEs
Thimar’s initial financials post SAR 2m losses in Q1
Saudi Arabia, Kuwait open Raqa'i port
USD stabilises against EGP early Thursday
Kuwaiti oil prices rise $0.93 on Wednesday
UAB concludes $195m syndicated loan facility
Banks boost Kuwaiti indices early Thursday
Al Aman Investment acquires local education firm
Adnoc opens world’s largest offshore oil platform
Egypt-Japan bilateral trade hits $401m in Q1
King Abdul Aziz Port handles 26.5% more cargoes in May
Egypt-Germany bilateral trade records $5.1bn in 2018
Egypt signs 7 agreements, MoUs with Germany
TASI gains 37 pts; NOMU loses 18.5 pts Wednesday
MSCI’s upgrade of Kuwait may lure $2.2bn investments – Report
GTH’s asset transfer to be complete by end-2019
Overview of Saudi Aramco’s agreements with S. Korean firms
EGX ends Wednesday over 14,000 pts on GTH tax settlement
Saudi NEOM hires American project management consultant
Egypt eyes $12bn textile exports by 2025
Boursa Kuwait closes Wednesday lower unlike forecasts
Saudi Arabia, S. Korea to establish SME bank
Egypt plans to use electric locomotives
Saudi Aramco, S. Korea’s Hyundai Motor ink hydrogen energy MoU
Sharjah Islamic Bank raises $500m sukuk
Profit-taking weighs on DFM Wednesday
Global Telecom concludes EGP 2.3bn tax settlement deal
ADX ends Wednesday in red
Egy Lease in talks with EPICO to sell its entire stake in MUP
EIPICO seeks to buy Egy Lease’s 9.77% stake in MUP
Nakheel injects AED 114m into roads and bridges
Saudi Aramco expands chemicals footprint with S-Oil expansion project in S. Korea
Sobha Realty launches new project in Dubai
Egypt to ink $1.5bn second tranche deal with ITFC in July
Saudi-S.Korean bilateral trade hits $30bn in 2018
Shuaa’s stock hikes 3.5% early Wednesday on strategic partnership with ADFG
Saudi Crown Prince opens S. Korean S-Oil refinery Wednesday
Egypt to issue $4-7bn Eurobonds, sukuk in FY19/20 – Minister
Advanced Petrochemical gets feedstock allocation to set up new plant
Dubai Investments’ Mirdif Hills to begin handover in July
Al Mal Investment to pay Saudi authority SAR 22.5m
Egypt eyes non-financial IMF deal by October – Minister
Saudi Aramco inks multibillion-dollar deals with S. Korean firms
Arabian Centres profit up 2.25% in FY18/19
Household foreign-currency deposits hit EGP 497.7bn end-March – CBE
ADFG, Shuaa nod to combine businesses for regional financial services powerhouse
Boursa Kuwait’s indices open Wednesday mixed
Arriyadh Development’s unit secures SAR 800m credit facilities
ADNOC Distribution confirms no changes in fuel types
Chinese investments into Dubai hit AED 2.5bn in 2018
UAE national railway awards AED 4.4bn contract
Prime Holding offers to acquire two of Pharos Holding’s units
Kuwaiti C. bank issues KWD 200m bonds