Latest news

Date Title
Egypt’s car tax revenues hike 91% in 10M
Tadawul to lure SAR 5.2bn foreign flows on FTSE 3rd phase inclusion - Report
Egypt buys 290,000 tonnes of imported wheat
National aviation to add $88.1bn to UAE GDP by 2030
Egypt-Belarus bilateral trade hits $108m in 2018
SAMI, ST Engineering pen MoU to explore business opportunities
UAE C.bank maintains interest rate
Saudi Arabia’s trade surplus goes up 3% YoY in 4M
Foreign holdings of Egypt’s debt instruments equal $17bn in May
UAE backs extension of oil output cut agreement – Minister
UAE eyes more cooperation, stronger presence in Africa
Egypt Gov’t approves installment sale of industrial land with 7% interest rate
Bawan’s units close $4.5m merger
Egypt to organise foreign trade conference in July
Metal and Recycling inks $9.5m contract with health ministry
Saudi indices end Wednesday with negative performance
EGX ends Wednesday in red; market cap loses EGP 3.6bn
Saudi Aramco, Malaysian Petronas start naphtha cracker operations at JV refinery
Mercedes in talks to supply BRT vehicles to Egypt
Abu Dhabi trade exchange with GCC up 7.7% in Q1
DAE Capital closes leasing agreement for three Boeing 777 freighters
Boursa Kuwait ends Wednesday in red
Egypt starts implementing ‘Decent Life’ initiative early FY19/20
Egypt may welcome 2050 with 160m population – UN Report
ADX ends Wednesday in green; market cap adds AED 6.5bn
Microsoft supports digitalisation in UAE with two cloud regions
DFM gains AED 1.4bn on Wednesday
PepsiCo launches ‘Tamakani’ to empower Saudi women
Oman allows tax breaks for tourism investments in Musandam
Bombardier in talks with Egypt’s gov’t to supply 100 locomotives
Abu Dhabi Business Center issues 4,813 new economic licences in Q1
Emirati tourists spend AED 1.4bn in UK in 2018
Egypt plans to merge units of Food Industries Holding
FAB closes operations in Qatar, relinquishes QFC branch licence
Saudi banks to extend growth while embracing digital agenda – KPMG
UAE ranks 5th in KPMG's 2019 Change Readiness Index
NBE’s syndicated loans hit EGP 399bn end-April
UK’s Rhino partners with UAE’s TIME Hotels to launch Middle East business
Saudi inflation falls 1.5% in May – GASTAT
Egypt’s MoF finalises amended PPP draft law
Sanad Holding to change tradename on 25 June
Saudi Arabia’s trade surplus with Japan hits $2.1bn in May
UAE’s insurance firms hold one-third of profits in GCC
New Alamein awards EGP 240bn contracts in first phase
Dubai boost collaboration with global investment community via ‘Public-Private Connect’
Raydan’s shareholders nod to new firm name
SABB deposits consideration shares in eligible accounts of Alawwal shareholders
TASI falls, Nomu unchanged early Wednesday
CBE launches first e-portal to support digital transformation
Kuwaiti crude oil down 64 cents on Tuesday – KPC
SAMI, L3 Technologies to launch joint project in Saudi Arabia
72% of UAE’s top executives foresee economic growth - American Express
Egypt nets $39.5bn taxes on T-bills, T-bonds in 10M
Boursa Kuwait opens Wednesday in green
GFH, H Hotels ink deal for 5-Star Harbour Row Hotel operation
S&P affirms ABNIC’s ratings, negative outlook
DAMAC launches new upscale project in Dubai’s Business Bay
UAE’s Nakheel boosts real estate collaboration with Vietnam
Egypt plans to issue Yuan, Yen bonds
Moody's affirms ratings of SABB, withdraws Alawwal’s ratings
UAE receives 65% of South African exports
CBE issues 500,000 Meeza cards in 6M
Egypt’s ICT sector makes up 4% of GDP in 9M
Saudi-Arab bilateral trade reaches $9.86bn in Q1
Belgian Investments in Egypt hit EUR 900m in 2018
Egypt targets to raise fish production to 2m tonnes by 2030 – Minister
Arabia Investments’ board approves EGP 288m capital hike
Omani bank’s liquidity to remain tight; funding costs may go up – Moody’s
Egypt to inaugurate 8 developed slums in months – Official
TASI up, Nomu down late Tuesday
Batelco boosts partnership with Tata Communications
Savola to start offering its 1st issuance of sukuk
EGX ends Tuesday in red on local sales
Egypt’s exports to India soar 41% in 2018
Saudi Alhokair’s unit injects EGP 1.2bn in Mall of Tanta
Saudi Arabia to issue dollar sukuk by end of 2019
Saudia orders 65 more jets from Airbus
Abu Dhabi’s non-oil trade hits AED 15.9bn in March
Middle East Glass posts 294% profit hike in 2018
Saudi Aramco, Indonesian Pertamina to extend negotiations of Cilacap Refinery for 3M
Fitch affirms United Arab Bank's long-term IDR at 'BBB+'
Saudi Monshaat support SMEs, entrepreneurs with $213.3m
USD grows 3 piasters in Tuesday’s mid trades
Kuwait C.bank KWD 290m bonds issue oversubscribed 8.84 times
Fitch maintains Emirates Development Bank’s ratings, stable outlook
EIFA's annual conference to kick off in Egypt on Thursday
Boursa Kuwait closes Tuesday in red
Fitch Ratings affirms Al Masraf’s IDR; outlook stable
ADX ends Tuesday in green
DFM gains AED 1.9bn on Tuesday
Basic Chemical elects new board members
Mopco appoints Hisham Nour El-Din as chairman
Farnek launches 1st AI-driven smart washroom in MENA
Foreign workers in Egypt’s private sector fall 8.4% in 4 yrs
Vicat plans to inject EUR 30m to Sinai Cement
Saudi Aramco unveils 1st Saudi hydrogen fueling station
Dubai’s CPI marks 6-month low in May
Egypt’s FRA grants short-selling licence to four firms
Al Kathiri unit obtains SIDF’s initial approval to establish new plant
Consortium-led Ebtikar acquires Orascom’s 87% stake in Tamweel Group