Latest news

Date Title
Bank Audi acquires NBG Egypt
ADX sheds over 152 pts in week
DFM loses 30 pts in week; market cap hit AED 361.27bn
QSE index levels up 30 pts in week
Bahrain’s Ebdaa Bank closes pact to launch new sharia-compliant products
HEISCO’s shareholders nod to 30 fils per-share dividends
Egypt targets $25.5bn deficit for FY19/20
Emirates closes codeshare agreement with Brazilian airline
ZAIN posts 111% YoY profit hike in 3M
Saudi Arabia may issue $5bn int’l sukuk in Q3
Egypt’s Real GDP growth to hit 5.4% in FY 19/20 – Fitch
RAK Ceramics eyes expansion in Europe, Africa
Assets of Saudi investments funds grow by 15% in 2018
North Cairo Mills posts 67% YoY profit decline in 9M
Al Khaleej Training wins SAR 19m marketing services contract
QNBFC research recommends buying of GBK’s stock
EGX ends May’s 1st trading session mixed; market cap sheds EGP1.6bn
Southern Province Cement posts 17.6% profit growth in Q1
Egypt to offer 900,000 jobs/yr – PM
Moody's affirms Kuwait’s issuer ratings; outlook stable
Tadawul announces Ramadan trading hours
Egypt seeks to attract $200bn investments in 4 yrs
FAB opens 1st branch in Saudi Arabia
Batelco logs BHD 14.6m profit in Q1 on higher revenues
Banque Saudi Fransi logs SAR 1.1bn profit in Q1
AM Best affirms Dubai Insurance’s rating at ‘A-‘
TASI falls 25 pts; turnover hits SAR 3.4bn at Thursday’s close
General Company for Silos logs EGP 75m profit in 9M
Boursa Kuwait drops for 2nd consecutive week
Saudi Nejran Airport to resume operation – GACA
Canal Shipping’s profit up 36% in 9M
National Industries to pay KWD 16.3m dividends for FY18
Egyptian banks’ foreign deposits fall in March – CBE
SFD inks export guarantee deal with Cement Service Industries
Aayan Real Estate to pay KWD 2m dividend for FY18
Mubadala inks $2bn revolving loan
KIB’s profit levels down 19% in Q1
Egypt’s domestic liquidity hits EGP 3.7trn in March - CBE
AUB Kuwait logs KWD 17.5m profit in Q1
DFM ends Thursday in red
Saudi economy to grow 3% in 2020 – World Bank
Profit-taking weighs on ADX at Thursday’s close
Boursa Kuwait ends Thursday in green
Mohammed Bin Rashid Housing inks MoU with UAB
Minapharm to pay EGP 83m dividends for FY18
Jarir Marketing’s stock sees SAR 15m private deal Thursday
Aramco’s dividends boost Saudi oil revenues in Q1 – Jadwa
El Sisi approves $165m loan from Kuwait
Agthia plans to expand in 4 Arab markets
United Arab Stevedoring incurs EGP 19m loss in 9M
Saudi budget surplus hits SAR 27.8bn in Q1-19
Arab Drug posts EGP 32m profit in 9M
Tabreed’s Q1 profit rises 3% on higher sales
Egyptian consortium inks $739m water treatment project
Aseer Trading’s OGM nods to statutory reserve reduction
Deyaar Development names new chairman
Egypt mulls partnering with Lebanon in energy sector
Makkah Construction’s shareholders approve SAR 2/shr dividends
Saudi economy to grow 2-2.5% annually in next 5 yrs – Moody's
GTH Q1 profit hikes 71%
Mahara’s IPO 904% covered – Samba Capital
CBE issues EGP 18.5bn in T-bills Thursday
SEC incurs SAR1.5bn loss in Q1
Zain Bahrain logs 55% profit rise in Q1
Finance House posts AED 12.6m profit in Q1
EGX to be volatile on Thursday - Analysts
RAK Ceramics Q1 profit declines to AED 29m
Kuwait, Netherlands bilateral trade logs $2bn
Emaar unveils AED 25bn Riviera-style project in Dubai
Hilal Cement to distribute KWD 1.5m dividends for FY18
Banque Saudi Fransi to pay SAR 0.80/shr dividend for H2
Boursa Kuwait opens Thursday on mixed note
Kuwait opens world's 4th longest causeway
Remittances from expats in Kuwait rise 4% in 2018
UAE banks’ int'l reserves hit AED 423bn in Q1 – C.bank
Al Ahsa Development to raise subsidiary’s stake to 70%
NBF’s Q1 profit grows 15%
KFH records KWD 3.5m profit from selling assets
Effect Real Estate’s losses fall 43% in 12M
Ajial Real Estate Q1 profits down 20% YoY
Al Aman Investment inks KWD 10m loan deal
Kuwait National Cinema Q1 profits fall to KWD 2m
DAMAC Hotels to deliver 1,762 units in 2019
Kuwait Real Estate to pay 5% bonus for FY18
Moody's affirms Saudi Arabia’s credit rating at A1; stable outlook
Amazon officially opens in UAE
UAE announces Ramadan working hours for private sector
TASI registers 3rd straight gain; Nomu near stable at Wednesday’s close
UAE’s gold reserves grow 2.5% in March
Deyaar generates AED 176m revenues in Q1
Kuwait’s BoP moves into surplus in Q4 – C.bank
ADX ends Wednesday in green
Saudi PIF seeks to boost foothold in China – MD
Profit-taking drags down DFM at Wednesday’s close
Boursa Kuwait ends Wednesday on mixed note
Saudi Arabia announces Ramadan working hours
ADNOC tenders 5 major exploration blocks
ABK logs KWD 12.4m profit in Q1
Saudi savings hit SAR 1trn in 2018
Al Rajhi Capital raises Herfy Food’s PT to SAR 67/shr