Latest news

Date Title
Kuwait raises June crude prices for Asian markets
Egypt’s annual core inflation rises to 2.5% in April – CBE
Trading Sumou Real Estate shares begins today
Emirates Investment records AED 6m losses in Q1-20
Al Mazaya’s unit sells property in Dubai for AED 77m
Kuwait’s balance of payments records KWD 821m surplus
Saudi IPI down 3.3% in March
Aramco to reevaluate SABIC deal – Report
Saudi Arabia records 1,912 coronavirus cases
Egypt’s finance ministry approves EGP 12.5bn urgent allocations in March, April
Egypt’s gold reserves rise to record high in April on coronavirus worries
ADNOC sets Murban crude's selling price for June delivery
Tadawul closes Sunday in green
Kuwait’s coronavirus cases rise by a record 1,065
Elsewedy Electric's unit inks EGP 119.8m transmission line contract
Musharaka REIT fund to acquire property with AED 46m
M&A Brief of the Week
First Takaful completes exit from Turkey’s Neova Sigorta
MNHD inks EGP 2.1bn syndicated loan deal
ADX up on Sunday; market cap reaches AED 455.8bn
CIB donates $7m to support efforts against COVID-19
Mezzan approves 15 fils/shr dividends for 2019
DFM loses 21 pts on Sunday
Boursa Kuwait down on Sunday; turnover at two-month low
UAE banks' foreign assets hit AED 791.6bn in Q1-20
Ibnsina Pharma injects EGP 250-300m new investments annually
UAE confirms 781 COVID-19 cases
Banque Misr, NBE collect EGP 121bn from 15% yield certificates
Advanced Technology inks 3 deals at KWD 7.4m
ADNOC Distribution inaugurates 4 new fuel stations
CBE mulls extending EGP 100bn initiative to contracting sector
Zamil's shareholders approve SAR 50m share buyback
Pioneers Holding obtains FRA's approval to acquire 5 units
SACO records 39% decline in Q1 profits
AIH’s shareholders approve subsidiary’s capital raise
Abu Dhabi to reopen some shopping centres this week
Egypt develops internal roads at Mostord Petroleum Area with EGP 21.7m
CGC profit down 29% in 2019; proposes 5% bonus shares
CBE offers EGP 19bn T-bills on Sunday
Senergy Holding's losses up 793% in 2019
Emirates sees 28% lower profits in FY19/20
Egypt’s annual headline inflation registers 5.9% in April
Al-Manar Financing names new CEO
Munshaat Real Estate swings to profits in 2019
Kuwait to shut down banks on Monday
NADEC turns profitable in Q1-20
Kuwait begins full curfew for 20 days
Egypt cuts GDP growth target to 4.2%
ADIB's net profits drop 55% in Q1-20
Egypt sets up monorail management company
Egypt extends nighttime curfew until end of Ramadan
Aramex's net profits fall 38% in Q1-20
Tadawul closes Thursday on second decline in row
ADCB's net profits slide 82% in Q1-20
Kuwait records 278 more coronavirus cases, 162 recoveries
Boursa Kuwait drops in week; market cap loses KWD 651m
ADX gains AED 2.34bn on Thursday
Egypt repatriates over 1,100 stranded citizens from Kuwait
DFM edges up 0.18% on Thursday
Egypt’s MSMEDA provides EGP 202m funding for natgas vehicle conversion
Arab Sea turns to losses in Q1
Boursa Kuwait down on Thursday
Egypt's mobile operators attract 360K new subscriptions in January
UAE announces 502 new COVID-19 cases
Alrai Media cancels 2019 dividends; mulls capital cut
EgyptAir, Air Cairo ink MoU to enhance strategic partnership
Agthia elects new chairman
Warba Insurance agrees on 2019 dividends, bonus shares
Takween Industries losses up 50% in Q1-20
UAE-based Growmore acquires Lithuania's bank with $395m
Egypt Aluminum denies cancelling plans to set up new production line
Tabreed sees 3% higher profits in Q1-20
Egypt lowers bourse trading fees
Kuwait’s crude oil climbs $1.29 on Wednesday - KPC
Dubai Aerospace's net profit drops to $77m in Q1-20
CBE offers EGP 20.5bn T-bills on Thursday
IMF expected to approve $2.78bn loan to Egypt
Kuwait C. bank asks KFH to reassess AUB’s acquisition
Egypt’s budget deficit widens to EGP 305bn in 8M
Agthia's net profits plunge to AED 27m in Q1-20
Kuwait Portland Cement cuts 2019 dividends
Kuwait to reopen schools, universities in August
SISCO profits up 57% in Q1
Saudi Research and Marketing Q1 profits down 19%
Kuwait concludes repatriation process
Egypt pays out EGP 89m in aid to tourism workers
TASI loses 55 pts on Wednesday
CI Capital sees EGP 156.6m block-trading deal
Kuwait confirms 485 coronavirus cases
ADX closes Wednesday's session in red
Boursa Kuwait up on Wednesday amid high trade
DFM loses AED 530m on Wednesday
Nile Pharma reports 6-fold pretax profit increase in 10M
Kuwait Foundry agrees on 2019 dividends
Egypt brings home additional 450 stranded expats from Kuwait
Orascom Investment moves to losses in 2019
Dubai's non-oil trade hits AED 323bn in Q1-20
Heliopolis Housing cuts FY20/21 profit, revenue forecasts
Egypt inks deals to settle overdue export subsidies with 41 companies
eXtra's EGM agrees on capital increase