Latest news

Date Title
Al Salam Bank appoints new chairman
UAE announces commitment to OPEC+ oil production cut agreement
Al Enmaa Real Estate exits BHD 2m stake in Bahraini unit
Al Bareeq Holding’s earnings soar 296% in 2019
Nile Pharma’s pretax profit soars 602% in 9M
Banking consortium inks EGP 750m syndicated loan deal with CRC
Saudi Arabia reports 429 new COVID-19 cases
Arab Drug’s pretax profit up 118% in 9M
EGX ends Sunday mixed, loses EGP 2.3bn in market cap
Orascom Development takes measures against COVID-19, reveals impact on Q1 sales
KFH, AUB acquisition procedures delayed until December
Americana Group approves Cairo Three A’s offer, 2019 dividends
Burgan Bank to pay 12 fils/shr dividends for 2019
Aramco delays May prices pending OPEC+ talks
Kuwait Real Estate’s profit up 4% in 2019; bonus shares proposed
ADX closes Sunday on positive note
Tadawul down 2% on Sunday’s close
GIH reports 98% profit plunge in 2019
DFM extends gains at Sunday's close
Boursa Kuwait up on Sunday amid thin trade
KIPIC designates Al Zour Medical Clinic as quarantine site
Egypt announces aid payment date for irregular workers
CBE offers EGP 19bn T-bills on Sunday
Cairo Poultry’s board approves Cairo Three A’s final offer
Coronavirus cases in Kuwait hit 1,234
MM Group’s shareholders approve capital raise via bonus issue
Amer Group’s profit slides 24.5% in 2019
Kuwait’s exports drop 14% in Q4-19
UAE cuts fees for 94 gov’t services
Orascom Development's profit up 41% in 2019 on higher revenue
Egypt reports 145 new coronavirus cases
Saudi government extends curfew
Umm Al Qaiwain General Investment nods to AED 0.5/shr dividends for 2019
Tadawul approves moving Arab Sea to main market
CMA approves AlJazira Sukuk Fund
Emirates Airlines to resume limited passenger flights Sunday
Alargan’s earnings up 42% in 2019
Egypt’s core inflation steady at 1.9% in March – CBE
Saudi Arabia's COVID-19 cases hit 3,287
EGX gains EGP 4bn in market cap at Thursday’s close
Boursa Kuwait falls in week; market cap loses KWD 603m
Abu Dhabi Investment Office injects $100m in AgTech companies
Fitch affirms Saudi Arabia's rating at 'A'; outlook stable
HEISCO renews tender deal with KOC by KWD 6.5m
ADX ends Thursday's session in green
IFA Hotels’ losses up 17% in 2019
TASI hits highest level since 5 March at Thursday's close
Boursa Kuwait down on Thursday
DFM up on Thursday; market cap gains AED 6.46bn
Investcorp takes over Germany’s Avira for $180m
GB Auto freezes CAPEX plans on COVID-19
Coronavirus cases in Kuwait up at 910
Emirates REIT sees 9.7% lower net asset value in 2019
Saudi industrial production index drops 5.7% YoY in February
MSCI postpones Kuwait’s inclusion in MSCI EM Index on COVID-19
Egypt’s annual headline inflation registers 4.6% in March
Egypt confirms 110 new coronavirus cases
Alinma Bank's EGM approves capital increase via bonus issue
Kuwait’s crude oil falls to $19.74 pb on Wednesday - KPC
M&A Brief of the Week
Julphar to extinguish accumulated losses via capital cut
Kuwait's public tender agency lifts sanctions on Combined Group
Deyaar's OGM agrees on capital reduction to AED 4.5bn
Coast Investment’s profit plunges 59% in 2019
Mezzan’s earnings down 19% in 2019; dividends proposed
Mabanee approves FY19 dividends
EFG Hermes issues EGP 2bn Sukuk for Talaat Moustafa’s unit
Tenants at Al Kout Mall, Souq Al Kout exempt from rent during lockdown
EGX ends Wednesday in green amid heavy liquidity
COVID-19 cases reach 2,659 in UAE
Egypt’s gold reserves drop to $3.518bn in March
Limak İnşaat says works at Kuwait Airport Terminal 2 in progress
Saudi Arabia reports 137 new COVID-19 cases
Egypt defers utility payments for tourism, airline companies
Egypt's ministers to take 20% salary cut for 3 months
Egypt extends curfew for 2 more weeks
Privatization Holding’s losses down 83% in 2019
ADX down on Wednesday; market cap loses AED 5.12bn
Boursa Kuwait closes Wednesday on mixed note
TASI ends Wednesday up for 7th session in row
Educational Holding posts 14% higher profit in H1-19/20
AIH’s profit rises 13% in 2019
DFM loses 18 pts on Wednesday
Al Ezz Dekheila Steel raises capital to EGP 1.95bn
Cairo Three A offers to buy Egyptian Starch & Glucose at EGP 8.5/shr
Kuwait records 112 new COVID-19 infections
flydubai uses 6 passenger aircraft for all-cargo flights
ABK sees minor impact from NMC exposure
Egypt’s FRA approves 1st Sukuk issuance on EGX at EGP 2bn
Dana Gas' sale of Egypt assets still under review
Egypt’s foreign reserves fall $5.4bn in March
Egypt reports 128 new coronavirus cases
Saudi Clay Pipes extends MoU to acquire 75% of Advanced Piping
Kuwait’s crude oil dips to $21.20 pb on Tuesday - KPC
Arabtec Holding appoints new CEO
Boursa Kuwait resumes trading on Burgan Drilling
Jiyad Holdings' profits edge down 1% in 2019
Egypt to disburse 30% of due export subsidies
EGX gains EGP 15.4bn in market cap at Tuesday’s close
Fitch keeps Kuwait's rating at 'AA' with stable outlook