Latest news

Date Title
Misr Hotels cuts revenue forecast for FY20/21 on coronavirus crisis
MIS posts 45% growth in Q1 profit, plans 25% bonus shares
Middle East Glass reports EGP 157.5m profit in 2019
Sadafco’s profits up 22% in FY19/20
Abu Dhabi's non-oil trade at AED 17.8bn in February 2020
CI Capital makes new appointments to executive leadership team
M&A Brief of the Week
Upper Egypt Flour Mills posts 19% standalone profit drop in 9M
UAE banks slash bond, stock investments in March
CMA approves listing Shamal Al Zour on Boursa Kuwait
Misr Hotels reports 25% profit drop in 9M initial results
Astra Industrial’s earnings up 283% in Q1-20
Raya Contact Center to retain 2019’s earnings
Saudi Electricity posts SAR 2.4bn in Q1 losses
IMKAN awards Al Dhabi Contracting AED 236m building contract
Faisal Islamic Bank logs EGP 2.78bn consolidated profit in 2019
Al Imtiaz expects lower profit from subsidiary due to COVID-19
ADNIC's net profits hike 133% in Q1-20
Egypt's coronavirus cases surpass 6,000
CBE offers EGP 19bn T-bills on Sunday
RAKBANK sees 43% lower net profits in Q1-20
Gulf Insurance acquires 9.6% stake in Compareit4me Holdings
Ekttitab Holding CEO resigns
KSA lifts additional measures in Al Atheer, isolates city in Dammam
Saudi Arabia registers 1,351 COVID-19 cases
Halwani Bros profits up 450% in Q1
Tadawul up 1.8% at Thursday’s close
Egypt’s local liquidity rises to all-time record high in March
Minapharm Pharmaceuticals’ standalone profit down 36% in 2019; dividends proposed
UAE's COVID-19 cases total 12,481
Boursa Kuwait's indices end April on positive note
Ajwa Egypt’s standalone losses rise to EGP 35m in 2019
UAE's fuel prices to remain unchanged in May; records lowest level in year
Egypt Aluminum revises expected losses for FY20/21
National Industries approves KWD 14m dividends for 2019
ADX maintains positive performance on Thursday
Coronavirus cases in Kuwait exceed 4,000 on Thursday
EBRD raises assistance package to EUR 4bn
Boursa Kuwait closes week in green territory
DFM gains AED 2.7bn on Thursday
Tadawul suspends trading Alujain shares
North Cairo Mills posts 53% profit drop in 9M initial results
Moody's affirms Emaar Properties' rating at 'Baa3'; changes outlook to negative
Petrochem’s profits down 73% in Q1-20
Ajwan’s losses down 92% in 2019
Middle Egypt Mills reports 23% profit slide in 9M initial results
Savola Group’s earnings skyrocket to SAR 173m in Q1-20
Savola Group approves FY19 dividends; buys back 700K shares
Lecico Egypt closes factory, reopens another over COVID-19
Oman & Emirates Investment Holding incurs OMR 2m losses in Q1-20
Egypt at 2nd position in budget transparency in MidEast
SIIG turns to losses in Q1-20
Mudaraba Fintech application receives experimental permit
EFIC names new chairman
Julphar to resume exports to Saudi Arabia after two-year suspension
Egypt Aluminum moves to loss in 9M unaudited financials
CBE offers EGP 21bn T-bills on Thursday
Etisalat to distribute AED 0.25/shr dividends for Q1-20
Kuwait’s crude oil gains $1.94 pb on Wednesday - KPC
DIB's net profits drop to AED 1.1bn in Q1-20
UPAC’s Discovery revenues may fall KWD 400K on COVID-19
Moody’s maintains CBK’s credit ratings; outlook stable
Kuwait denies reports on Chinese team recommendations on COVID-19
ADIB pens agreement to market Islamic Leasing and Finance Opportunities Fund II
EGX ends Wednesday up amid heavy liquidity
Egypt approves $400m funding from World Bank
NBF's net profits drop to AED 75m in Q1-2020
Egypt’s PM promises no price increases following IMF loan
Tadawul maintains gains for second day in row
Kuwait sees highest daily toll from coronavirus on Wednesday
NBE denies cancelling 15% yield certificates
ADX maintains upward performance on Wednesday
Boursa Kuwait extends gains on Wednesday for fourth day in row
DFM up on Wednesday; market cap records AED 288bn
SIDC board recommends lowering accumulated losses
Saudi SPIMACO, Amgen sign marketing, technology transfer deal
Reem Finance sees AED 26m net profits in 2019
Aldrees' shareholders agree on 15% dividends for 2019
FIPCO renews SAR 30m agreement with Albilad
Egypt set to sign protocol with WFP to support people hit by COVID-19
ABK names new top executives
Egypt Gas approves natural gas supply contracts
Dubai's economy most exposed to COVID-19 risks in UAE
Noor Financial approves 6% dividends for 2019
NBE launches new 14%-yield savings certificates
Kuwait’s crude oil price down to $11.72 pb Tuesday – KPC
Amanat's OGM agrees on 2.2% dividends; delisting from DFM
EMPG merges with OLX Group in UAE, Egypt, other markets
ADPower to establish solar power plant with world's lowest tariff
KSA's public budget shows SAR 192bn revenues in Q1
Egypt’s COVID-19 cases surpass 5,000
Markaz approves dividend cut for 2019; elects new board
Kuwait Airways denies booking flights for June
Saudi foreign reserves rise 5.2% in Q1
Saudi gov’t reserve down 2.9% in March
EGX ends Tuesday in green; market cap gains EGP 4.2bn
ADEX offers AED 550m support to export companies
UAE reports 541 new COVID-19 cases
Tadawul closes Tuesday on positive note
ADX ends Tuesday's trading session on positive note