Latest news

Date Title
Egypt’s trade deficit down 51.4% in February – CAPMAS
Al Khair Global sells 5% of Gulf Cable’s capital
Four banks provide EUR 30m loan to MIDELEC
Kuwait’s crude oil gains $1.9 on Tuesday – KPC
MSMEs in UAE receive AED 84.7bn loans in 2019
Investcorp, Tages set up absolute-return JV
Cairo Poultry’s shareholders approve Cairo Three A’s final offer
ADEX provides AED 550m fund to export transactions
SADAFCO plans SAR 2.5/shr dividends
Egypt’s sovereign fund, Concord International to launch $300m healthcare fund
NADEC approves 20% capital hike
Aayan Real Estate concludes in-kind exit from real estate portfolio
Air Arabia lays off 57 employees amid COVID-19
Osoul Investment approves 2019 dividends
Egypt runs first return flight for workers stranded in Kuwait
GB Auto adds MG brand to its portfolio in Iraq
Saudi PMI declines in April – IHS Markit
Alexandria Customs issues clearance for EGP 3.14bn cars, spare parts in April
UAE launches digital system to estimate revenues
EGX ends Tuesday up; market cap gains EGP 4.8bn
Tadawul increases gains on Tuesday
ADX up 1.6% on Tuesday; market cap at AED 457.2bn
Petrotrade, Banque Misr ink e-payment service deal
DFM gains AED 710m on Tuesday
Kuwait reports 526 new coronavirus cases, no additional deaths
Local deposits in Egypt grow to EGP 3.089trn in March
Egypt to repatriate all citizens stranded abroad before Eid El-Fitr
UAE detects 462 new COVID-19 cases
Boursa Kuwait posts first rise in week on Tuesday
UAE PMI drops in April amid coronavirus - IHS Markit
Egypt’s Local Development Fund extends EGP 5.2m loans to micro, small enterprises
Egypt warns Capital Park developer to stick to schedule
MEPCO posts SAR 4.1m profit in Q1
Dice’s profit slides to EGP 121m in 2019
UAE issues 157,000 new work permits in 2019
MIS signs SAR 290m Islamic finance deal
Aldrees’ earnings level up 1% in Q1-20
Egypt approves 25 urban projects with EGP 100bn investments
Remittances from UAE hit AED 165.2bn in 2019
SAMA reiterates commitment to exchange rate policy
Egypt’s PMI falls to a historic low in April amid COVID-19 measures
Kuwait’s C. bank issues KWD 240m bonds; oversubscribed 11.36 times
Kuwait’s crude oil slides to $18.41 pb Monday – KPC
COVID-19 expected to affect global trade – CBUAE
CIB logs EGP 2.39bn profit in Q1-20
EQUATE Group’s EBITDA down 15% in Q1-20
No Increase in consumer prices following new fuel fees – Minister
UAE GDP growth rate at 1.7% in 2019
Al Aman Investment delisted from Boursa Kuwait after merger
SAICO, Al Rajhi renew insurance contract
Egypt reports 348 new COVID-19 cases
National Medical Care posts 10% higher profit in Q1-20
Kuwait vows to donate $40m for coronavirus vaccine efforts
Qassim Cement plans SAR 1/shr dividends
Saudi Arabia COVID-19 cases at 28,656
Kuwait’s reserves down 1.9% in March
Jadwa REIT to distribute SAR 0.18/unit
Saudi Arabia participates in coronavirus global response
Saudi exports reach SAR 149.3bn in 2M
Egypt raises $2.2bn from IPOs in 10 yrs – Report
EGX loses EGP 5.2bn in market cap at Monday’s close
Tadawul adds 0.16% at Monday’s close
Egypt inks $100m financing deal with ITFC to secure food commodities
ADX loses AED 6.64bn on Monday
Coronavirus cases in Kuwait surpass 5,000 on Monday
Egypt’s Suez Canal revenues hit $1.9bn in 4M
Boursa Kuwait indices end Monday's session in red
DFM maintains downward performance on Monday
KFH terminates CEO contract
Expo 2020 Dubai delayed to October 2021
SARCO approves SAR 15m dividends for 2019
Kuwait’s C. bank offers KWD 240m bonds
Bank AlJazira to distribute SAR 0.3/shr
Emirati banks dominate 87% of sector's assets in Q1
Egypt to evacuate stranded workers from Kuwait this week
Albilad Sovereign Sukuk ETF announces dividends
ERC generates $160m operational profits in Q4-19
TPAY Mobile, Vodafone Egypt launch digital payment on Google Play
Egypt implements Hayah Karima initiative at EGP 8bn
Inflation in Kuwait up 1.9% in March
ICON’s shareholders approve EGP 0.30/shr dividends for 2019
Advanced Petrochemical’s profits down 36% in Q1-20
Qalaa Holdings moves to losses in 2019
Saudi-GCC trade exchange amounts to $2bn in February
CBE offers EGP 6.5bn T-bonds on Monday
Egyptian hotels allowed to reopen at 25% capacity for local guests
Salama's shareholders approve 2019 dividends
SABIC posts SAR 950m loss in Q1-20
Kuwait purchases respirators, medical supplies from China
EGX ends Sunday down; market cap drops EGP 15bn
Egypt pays out EGP 65m in aid to tourism workers
ADNOC restarts operations at Ruwais oil refinery
Tadawul drops 7.4% on Sunday’s close
Al Tijaria nods to 2019's dividends, bonus shares
UAE announces 564 new COVID-19 cases
Kuwait records 364 new coronavirus cases, tally at 4,983
DFM loses 80 pts on Sunday
Egypt’s foreign deposits rise for 1st time in 10M
Boursa Kuwait ends May’s first session down
Arkan's net profits drop to AED 10.5m