Latest news

Date Title
Raya Contact Center’s Q1 profit falls 24%; dividend approved
Global logs KWD 1.7m profit in Q1
CIB logs EGP 2.6bn profit in Q1
Azizi Developments completes 77% of Samia Azizi construction
Boursa Kuwait opens Ramadan’s 1st session on mixed note
TASI plunges 229 pts at Monday’s open
Boursa Kuwait suspends trading on 3 stocks Monday
Qalaa Holdings to log EGP 90bn revenue in 2020 – Chairman
National Medical Care’s profit hikes 17% in Q1
Misr Hotels approves FY19/20 budget scheme
Seera Holding’s profit drops 40% in Q1
Egypt’s gov’t ties up19 solar power plants in Benban
Aramco raises crude oil prices to Asia, Europe in June contracts
Delta Insurance’s profit hikes 42% in 9M
Kahira Pharmaceuticals reports 10% profit decline in 9M
Kuwait Business Town’s profit leaps 113% in Q1
Dana Gas Q1 profit soars 150%
Kuwait Foundry logs 10% profit growth in Q1
Egypt eyes issuing EGP 725bn sovereign debts
Air Arabia logs AED 128m profit in Q1
Aljazira Capital maintains “neutral” on Jarir Marketing
Halawani Bros delays Q1 financials disclosure
Najran Cement turns profitable in Q1
Salhia Real Estate’s unit raises capital to KWD 110m
Maadaniyah trims losses by 79% in Q1
ICON not to pay dividends for FY18, to sell EGP 26.6m assets
Saudi Arabia announces Ramadan working hours for private sector
Saudi Research’s profit surges 583% in Q1
Alafco Q2 profits decline 73% to KWD 5m
SPIMACO’s Al Khalaf resigns; new CEO named
Hail Cement’s Q1 profit leaps 433%
Shuaiba Industrial to distribute 10% dividends for FY18
Bahri’s Al Mofadhi resigns; new chairman named
EGX ends Sunday in red
Acrow Misr’s EGM nods to capital hike via bonus shares
TASI slides 158 pts; Nomu in green at Sunday’s close
Arriyadh Development’s shareholders approve dividends, capital hike
Arabian Pipes generates SAR 8m profit in Q1
Maridive nods to retaining FY18 profit
Saudi Steel Pipe turns profitable in Q1
JADCO turns to profit in Q1
Bahrain Islamic Bank records BHD 2m in Q1 profits
Astra Industrial Group’s profit drops 65% in Q1
Blue chips weigh on ADX at Sunday’s close
CBE announces Ramadan working hours
DXB welcomes 22.2m passengers in Q1
Egyptian gov’t invests EGP800bn in Gulf of Suez
Al Khotani named managing director of SAP Saudi Arabia
Combined Group to pay 20 fils/shr dividend for FY18
Boursa Kuwait’s indices close Sunday mixed amid lower liquidity
Egypt to debut green bond sale in FY19/20
PwC Middle East acquires consulting division of Teambase
Egyptian Media Production logs EGP 27.2m profit in Q1
DFM ends Sunday in red
STC names new executive team
Emaar Properties logs AED 1.7bn profit in Q1
Prime Holding’s Q1 profit plunges 71%
Eagle Hills inks $374m syndicated financing to build Marassi Galleria
Saudi Ground Services logs SAR 104m profit in Q1
HEISCO wins KWD 4m construction deal
KEC acquires Dur’s stake in Makarim Al Maarifa for SAR 27m
Domty’s OGM approves EGP0.20/shr dividends for FY18
Pioneers Holding not to pay dividends for FY18
UAE mulls raising foreign ownership in insurance firms to 100%
Arriyadh Development’s Q1 profit drops 17% on lower rental revenues
Maridive’s unit wins $27m contract in Mexico
STC closes $1.25bn 1st US dollar sukuk issue
Emaar Misr’s Q1 profit falls 17%
Al Ramz acquires securities brokerage firm at AED 24.6m
Egypt issues clearance of EGP 3.8bn cars in April
Al Ramz suffers AED 13m losses in Q1
Saudi non-oil private sector’s business activity marks 4th straight growth in April
Dubai Investments generates AED 202m profit in Q1
Egypt’s non-oil private sector improves in April - PMI
Khaleeji Commercial Bank’s Q1 profit dips 79%
Specialities Group Q1 profits grow 5.2% YoY
UAE non-oil private sector’s business conditions see 16M improvement in April
CBE issues EGP 17.5bn in T-bills Sunday
Egypt’s real estate tax proceeds to rise 25% in FY19/20 – MoF
Egypt to raise VAT proceeds by 14% in FY19/20
UAE’s economy grows 1.7% in 2018 – IMF
Napesco records 5.3% increase in Q1 profits
Egypt’s tax proceeds to rise 12.7% in FY19/20 - MoF
RAK Properties reports 84% profit decline in Q1
Boursa Kuwait opens Sunday higher
Egypt eyes 14% increase in customs duty revenue in FY19/20
Inovest Q1 profits rise to $3m
Egypt targets 16% YoY revenue growth in FY19/20
Egypt sets oil price at $68 pb in FY19/20
Egypt eyes GDP growth of 6% in FY19/20
Noor Bank posts AED 217m Profit in Q1
Etisalat Misr to invest EGP 4.5bn in 2019 – CEO
World Bank launches $200m fund for Egyptian SMEs
Over two-thirds of residents in Kuwait are expats – Report
Dubai’s RTA inaugurates 1st floating marine transport station in UAE
Emirati university partners with global health care firm
GCC markets achieve a positive performance in April
Egypt to allocate $630m to develop informal settlements
TVM Capital Healthcare inks deal to launch new medical business
Saudi Arabia may up oil output in June