Latest news

Date Title
DFM loses 24.38 pts Thursday
BHB main index closes Thursday in green
Boursa Kuwait closes Thursday in red zone
TE, Etisalat Egypt ink agreement to provide mobile services
ADX suffers highest losses in 15 sessions Thursday
DUSSUR, GE JV starts by end-2017 – CEO
Salhia buys KWD 2.26m land plot
Wadi Kom Ombo OGM approves FY17/18 budget
Alandalus inaugurates Staybridge Suites Jeddah
MSM rises 10.83 pts at Thursday’s close
LG Electronics to raise investments in Egypt to EGP 3bn
Foodco to discuss price quotations for 2 buildings
MENA Mergers and Acquisitions of the Week - 25 May
Eskanta sells stake in ICID for EGP 1.2m
Oman Hotels to establish hotels worth OMR 100m
EGX opens in green on foreign, Arab purchases
Modern Shorouk OGM approves 50 piasters/shr dividends
Zoujaj raises capital to acquire stake in 2 firms
Dana Gas’ stock down to 17M low
Middle Egypt Mills profits rise 146% in 9M
General Company for Silos profits up 39% in 10M
Edaa to deposit bonus shares to Herfy shareholders Thursday
CBE to issue bills worth EGP 12.75bn Thursday
Al Sagr to start paying 2016 dividends 15 June
North Cairo Mills OGM adopts FY17/18 budget
Tadawul opens Thursday marginally up, Nomu stable
Najran Cement delays founding mining, transport firms
Zoujaj proposes SAR 16m dividends for H1-17
Saudi Re proposes capital cut
Boursa Kuwait opens Thursday lower
QSE slides 80.34 pts at Thursday’s open
Maadaniyah OKs SAR 0.50/shr dividends for FY16
Securities Group losses shrink 84% in Q1
ADX slightly declines at Thursday’s open
DFM opens Thursday higher
Batelco, Ericsson conduct first 5G trial
Dana Gas to carry out additional drilling activities in Egypt
SADAFCO shareholders nod to FY16 dividends
STC launches $500m independent fund
Ezdan to become private joint stock company
Agility nods to 15% cash dividends for 2016
Mubasher maintains Elsewedy overweight recommendation
Egypt to get $3bn from Eurobonds in May
EFG Hermes showing interest in Nomu-Parallel Market
NBE profits up 4% in H1-FY16/17
Saving balances in Egypt grow 19% to EGP2.7tr
Moody’s downgraded Hong Kong’s rating
Kuwaiti oil exports to China up 38% in April
Yanbu Industrial City targets SAR 49m investments by 2020 – Official
Hermes considering 4-6 M&A deals in the UAE
Dubai, Kenya non-oil trade worth $1.1bn in 2016
UAE supports extending the OPEC agreement - Minister
NBK non-guaranteed bonds oversubscribed
Ooredoo to pay $9.4m to bond holders 22 June
EGX30 gains 93 pts at close, market cap up EGP 5.74bn
Saudi Cement to pay SAR 2.3/shr dividends for H1-17
Oman oil prices rise 89 cents
KNPC inks $6.2bn deal on fuel project
Tadawul, Nomu close Wednesday on negative note
Al Jouf Cement to discuss capital hike 19 June
National Water grants SAR148m infrastructure contracts
SaudiGulf Airlines to buy 16 Boeing 777 aircrafts by Q3
CBE announces working hours for Ramadan
Bahrain Bourse discloses Ramadan working hours
Topaz Energy and Marine turns to losses in Q1
ADWEA closes $872m financing for solar plant – Reuters
Boubyan International Q3 financials turn profitable
Napesco wins lowest bid in petrochemical firm’s tender
Jeeran Q1 profits up 1.9%
BHB main index up at Wednesday’s close
QSE slides 35.65 pts at Wednesday’s close
ADX loses 13.79 pts Wednesday
WB delegation to visit Cairo early June
DUSSUR, GE ink MoU to invest $1bn
Selling pressures take toll on DFM Wednesday
Boursa Kuwait indices close Wednesday lower
Abu Dhabi trade licences increase 5.5% in 2016 – ADDED
DXB Entertainments stock falls to lowest level in 9M
MSM falls 9.28 pts at Wednesday’s close
Two private transactions on Tadawul total SAR 13m
Egypt reopens door for int’l bonds subscription
Waha expands private debt business, appoints managing director
Mohandes Insurance eyes EGP 64m profits in FY17/18
Emaar acquires 44% of UAE-listed property firms’ assets
Majid Al Futtaim seeks new acquisitions
Aramco plans investing $30bn in US Motiva
Agility settles lawsuit with US government
Mohandes Insurance consolidated profits grow 31% in 9M
Block trade worth EGP 1.2m executed on ICID
Al Hamra finalises $180m expansion of Manar Mall
EGX opens on positive note
Ezz Steel OGM to discuss FY16 financials 14 June
Egytrans profits for Q1 up 234%
Abu Dhabi fund finances AED 5.6bn projects in 2016
Elsewedy Electric doubles Q1 profits
Tadawul, Nomu open Wednesday in green
Kima EGM to discuss capital hike 12 June
QIB inaugurates new branch
DFM rises in Wednesday’s early trades
ADX opens Wednesday in green