Latest news

Date Title
Alinma Bank’s profit to grow 10% in 2019 – Aljazira Capital
Poverty rate in Arab world rises 5% in 4 yrs – WB vice president
UAE launches world’s 1st Ministry of Possibilities
Cairo Airport Company’s profit surges 50% in FY18/19 – Chairman
Assets of UAE banks grow 6% in March
Benban solar park to be fully operational in 2019 – Electricity Minister
Misr Italia unveils EGP 500m project in Egypt’s new capital
Alafco to lease 5 jets for Oman's SalamAir
Al Moammar posts SAR 134m profit in 2018
DU’s profit falls 14% in Q1 on lower revenues
Meraas, Chinese Samanea partner to develop AED 1bn mall in Dubai
National Cinema to distribute KWD 4.6m dividends for FY18
Profit-taking drags down DFM at Tuesday’s close
QSE drops 19 pts at Tuesday’s close
CONNECT Middle East, India & Africa forum to welcome 40 airlines on 28 April
Tadawul sees 15 private deals worth SAR 116.7m Tuesday
Cairo real estate market booms in Q1 - JLL
Sharjah Insurance to pay 7 fils/shr dividends for FY18
Boursa Kuwait ends Tuesday in red on US sanctions against Iran
Insurance House issues AED 15m perpetual bonds
KAMCO buys US office campus for undisclosed amount
UAE Banks Federation announces new board for 3 yrs
Kuwait Cement to distribute 15 fils/shr dividends for FY18
Mashreq Bank posts AED 628m profit in Q1
Huawei mulls telecom projects in Egypt’s transport sector
Saudi Arabia welcomes US sanctions on Iranian oil exports
Etisalat’s Q1 profit rises 5%
Global sells property asset in Scotland
Orascom Construction seals $475mn contracts in Q1
DIB’s board greenlights exploring possible acquisition of Noor Bank
FALCOM to advise on Alasmak’s capital hike
DIB’s stock jumps in Tuesday’s mid-trade
Cypriot firms invest $400m into Egypt
SASCO approves SAR 0.50/shr dividend for 2018
Kuwait spends KWD 22.8m to subsidise food commodities, building materials in March
TASI rises 29 pts; Nomu stable early Tuesday
Gulf General Investment’s shareholders approve continuity of operation
Qassim Cement reports SAR 56m profit in Q1
Egypt’s communication ministry, LG consider setting up electronics design centre
DIB logs 12% profit rise in Q1
Saudi Mouwasat nods to SAR 1.75/shr dividends for 2018
LG mulls manufacturing of tablet computers in Egypt
Kuwait's crude oil price up $2.23 bp on Monday
National Cement’s board approves 10 fils/shr for 2018
Boursa Kuwait starts Tuesday in decline
Emaar Properties to pay AED 1bn dividends for FY18
SAFCO logs 41% profit hike in Q1
Dubai welcomes 1.53m tourists in February
Kuwait C.bank issues KWD 240m bonds
Dubai hotels net $667m revenue in February
CMA approves SABB’s capital raise request to merge with Alawwal Bank
CMA nods to Sipchem’s capital raise request to acquire Sahara
UAE to invest AED 158bn in recreation tourism
Emirates inks codeshare deal with Indian SpiceJet
Human Soft records KWD 8.7m net profit in Q1-19
Bahri’s profit jumps 46% in Q1
STC’s board proposes 10% dividend for Q1-19
Etihad Rail pens MoU with General Administration of Customs
Careem’s roadside assistance is now available in Dubai streets
STC records SAR 2.75bn net profit in Q1-19
Ma’aden turns to losses in Q1
TIME Hotels plans to open 35 properties in Middle East by 2025
TASI drops 45 pts; Nomu in red at Monday’s close
DMCA’s marine driving licensing sees record growth in 2018
General Land Reclamation turns to losses in 9M
Riyad Bank’s profit soars 45% in Q1
Dubai’s real GDP to reach 2.1% in 2019 – Report
Pioneer Holding raise stake in Electro Cable to 68.14%
ADIB records AED 600m net profit in Q1-19
SWIFT-connected corporations in MENA hike 30% in 2018
Bahrain C.bank sells BHD 70m T-bills
ALICO to retain FY18 profits
Abyaar Real Estate suffers $3.3m loss from selling UAE asset
China's Wonder News opens $50m office in Bahrain
Arafa Group logs $3m profit in 12M
Emaar’s stocks push up DFM at Monday’s close
QSE hikes 46 pts at Monday’s close
Truebell expands portfolio by adding over 10K items
Blue chips boost ADX at Monday’s close
EMC, Erduman partner to provide tailor-made bodywork solutions
Boursa Kuwait ends Monday with mixed performance
Misr Oils profit drops 51% in 9M
Saudi ports see 66.3m tonnes of handled goods in Q1
HMH to participate in Arabian Travel Market 2019
EFG Hermes to distribute EGP499.5m dividends for FY18
General Authority for Manpower’s FY19/20 budget hits KWD 608m
Software spending in MENA likely to top $6bn
Alinma Bank invests SAR 13bn in gov’t sukuk – CEO
Emirates Islamic opens new branch in Baniyas
KOC awards KWD 19m contract to Al Soqoor
Jarir Marketing to set up $10m showroom in Bahrain
KNPC to implement KWD 370m projects in FY19
Network International, JCB to launch ‘JCB Contactless’ in UAE
Bitumode to pay EGP 23m dividends for FY18
Northern Region Cement not to distribute dividends for FY18
Orascom Investment to reassess FV for Nile Sugar
SABIC’s stock sees SAR 9.6m private deal Monday
Saudi housing ministry to implement 46 residential projects
Abu Dhabi Power Corporation names Jasim Thabet as CEO
Integrated Holding to spend KWD 8m additional capital in FY19