Latest news

Date Title
DFM to close one week on Eid holiday
Al Kathiri posts SAR 5m profit in 3M
CMA greenlights Al-Etihad Cooperative’s SAR 125m capital hike
Du, ADIB renew data centre services deal
Dubai attracts AED 20bn FDI in Q1
Abraaj founder released from custody on $19m bail
Markaz’s foreign real estate AUM hit $377m in Q1
Saudi Cement’s board proposes SAR 230m dividends for H1-19
Qalaa Capital ups investments in Egyptian refining project
Saudi mortgage balloons in April
Expats’ remittances in Saudi Arabia retreat 8.5% YoY in April
GE Power boosts capacity of Iraqi Al Qudus Power Plant
US Singularity University launches startup competition
EGX nods to MM Group’s EGP 77m capital raise
Kuwait announces Eid Al Fitr holiday
EGX mulls Ataqa’s EGP 500m authorised capital hike request
Uber Egypt may raise fares in July on fuel price hikes
ADX closes Wednesday in green
Saudi Arabia jumps 13 positions at IMD Competitiveness ranking
Boursa Kuwait ends Wednesday higher on new injected liquidity – Analyst
Sama Cement reduces shareholding in Sinai Cement to 6.75%
Burgan Bank: Moody’s affirms rating, ‘Stable’ outlook
Reliance Logistics raises stake in Sinai Cement to 10.44%
Modon, Al Shaya Group ink contracts to launch 2 food plants in Saudi Arabia
Profit-taking drags down DFM on Wednesday
Housing ministry executes EGP 1.8bn water, sewage projects in Beheira
UAE fuel prices to rise in June
Egypt’s MoF provides EGP 4.5bn urgent allocations in April
Kuwait crude oil rises $1.31 on Tuesday – KPC
Awtad board nods to delisting from DFM
Construction industry in Abu Dhabi, Dubai to slow in 2019 – Colliers
Arkan Al Kuwait profits plunge 73% in 6M
King Salman launches ‘Enriching Hajj & Umrah Experience’ programme
S&P upgrades Sharjah Islamic Bank’s rating to A-
KWD stable against USD early Wednesday
UAE’s real GDP likely to grow 2% in 2019 – C.bank
ECA orders Glovo to return to Egypt
Sipchem names Saleh Bahamdan as new CEO
Spinneys to open 2nd store in Ajman
TASI falls 132 pts, Nomu grows slightly at Wednesday’s open
Boursa Kuwait opens Wednesday higher
Egypt’s VAT revenues hit EGP 247.5bn in 9M
Raydan Q1 profit falls 85%
Emaar selects SSH as lead consultant for Creek Beach District
Development Works Food logs SAR 1.5m profit in Q1
Bombardier to build EUR 3bn Egyptian monorail in Derby
ENBD REIT’s NAV hits $270m in 12M
MetLife’s accumulated losses hit 20.99% of capital
Pharos Research maintains EG Bank FV
SAMA’s assets add SAR 26bn in April
Saudi general reserves decline in April
Saudi Arabia’s int’l reserves shrink by over SAR 5.5bn in April
Pharos Research keeps Elsewedy Electric FV at EGP 18.94
Egypt collects $2.14bn from taxes on T-bills, T-bonds revenue
Saudi Ports’ revenue hits SAR 3.54bn in 2018
Saudi non-hydrocarbon trade deficit with GCC levels up in 2018
GCC banking sector flourishes in Q1 – KAMCO
Moody's affirms GIB foreign currency deposit ratings; outlook upgraded
EGX breaks 14,000 pts at Tuesday’s close
Housing ministry sets up EGP 5.1bn water, sewage projects in Qalyubia
DFM rises 1.24% on MSCI upgrade at Tuesday’s close
ADX closes Tuesday in green
Switzerland grants $17m to finance water supply projects in Egypt
Boursa Kuwait closes Tuesday on mixed note
Amer Group’s talks over Ras Ghamila project on hold
Riyadh Jawazat's services to continue during Eid Al Fitr holiday
Misr Oils targets EGP 3.5m profit in FY19/20
Kuwait crude oil up 3 cents on Monday – KPC
Dice standalone profit inches down 1.2% in Q1
Kuwait C.bank’s KWD 360m bond issue oversubscribed
Tabarak launches new property firm in Egypt, GCC
Saudi Aramco reduces June propane price by $95/tonne
North Cairo Mills reports 64% profit drop in 10M
Manazel Holding Q1 losses deepen 160%
UAE's Gulf Craft hires Seven Media as retained PR agency
EFG Hermes concludes first merger advisory in Saudi market
GCC-listed firms Q1 earnings decline to $17bn – KAMCO Research
Dubai’s DLD, Mashreq Bank ink e-mortgage system licence agreement
Saudi private sector owns 9 organic fertiliser plants - Ministry
Elsewedy Electric’s profit drops 30% in Q1
Careem acquires bike-sharing startup Cyacle
Tamweely Microfinance in talks over EGP 250m finance – Chairman
Moody’s affirms deposit rating of KFH; Outlook remains ‘Stable’
EGA's unit secures $750m loan for Guinea’s greenfield mining project
Saudi CMA amends corporate governance regulations
Boubyan Petrochemical to pay 50% annual dividend
Al Bostany to inject EGP 200m in residential-administrative project
Blue chips push down TASI early Tuesday, Nomu unchanged
UAE banks to supply new currency notes in Eid season
Boursa Kuwait’s indices open Tuesday mixed
Al Safwa Mubasher’s stock sees AED 260.4m bulk trade Tuesday
Transport ministry sets up 8 Nile axes at EGP 11bn
Uber names Mohammad Gazzaz as GM for Saudi Arabia
Assets of UAE’s domestic funds hit AED 1.5bn in 2018
AXA receives SAMA’s approval for capital hike
Saudi Arabia’s trade surplus hikes 80.2% in 2018
Dubai’s ADES logs $108.7m revenue in Q1
Giza General Contracting submits capital hike documents
Almarai completes full acquisition of Premier Foods
Kima’s Aswan ammonia plant to start trial operation in July