Latest news

Date Title
Egypt’s FDI grow 16% YoY in Q2-19/20
CBE suspends charges on ATM withdrawals for 6 months
Tadawul closes Sunday in red for third session in row
Jazeera Airways puts entire fleet at disposal of Kuwait
Al Shams Housing proposes EGP 0.10/shr dividend for 2019
GAFI approves 10 projects with $16m investments
Dubai Airports denies suspending all flights
Dice decides to appoint adviser to study capital raise
Egypt announces EGP 187.6m immediate funding to fight coronavirus
Mobily partners with SAP for digital transformation
DAFZA’s foreign trade exceeds AED 164bn in 2019
Egypt raises income tax exemption cap
Boursa Kuwait down on Sunday amid thin trade
NileSat’s shareholders approve 55 cents/shr dividend for 2019
ADX down on Sunday; market cap reaches AED 414.8bn
stc employees to work remotely for two weeks
Emirates NBD Egypt reports EGP 1.76bn profit in 2019
DFM maintains downward performance on Sunday
SAMA supports SMEs with SAR 50bn against COVID-19
Raya Holding moves to loss in 2019
KIPCO raises stake in OSN to 87.6%
Electro Cable to sell 25K-sqm land plot
Tadawul to list Sulaiman Al Habib Group on Tuesday
Sidra Capital Fund to distribute 6% dividends for 2019
NBK Egypt’s shareholders approve EGP 1.25/shr dividend for 2019
Elsaeed Contracting’s profit slips 24% in 2019
Arab India Spices, HFZA agree to build AED 150m silos
Baazeem board recommends 16% dividends for 2019
Raya Contact Center's profit falls 36.5% in 2019
ADX closes trading halls amid coronavirus outbreak
Boubyan Bank’s shareholders approve KWD 14m capital hike
Kuwaiti CMA suspends trading on National Shooting
Aldar, Ma'an ink deal for GCC’s first social impact bond
Cleopatra Hospital’s profit drops 16% in 2019 despite higher revenue
EGX opens Sunday in red; market cap loses EGP 31.3bn
Kuwait reports 8 new coronavirus cases; toll rises to 112
M&A Brief of the Week
Unipack’s profit falls 17% in 2019; dividends proposed
Tamdeen Real Estate’s profit soars 40% in 2019; 10% dividends proposed
CBE offers EGP 20.5bn T-bills on Sunday
Keypoint raises ownership in GFH to 7.8%
Egypt’s coronavirus cases increase to 110
UPAC board approves 45% capital hike
Saudi Aramco logs SAR 330.7bn profit in 2019, declares dividends
DXB Entertainments halts operations over coronavirus fears
Kamco records KWD 3m profit in 2019; dividends proposed
CBUAE allocates AED 100bn to support economy amid coronavirus pandemic
UPAC sees 4% lower earnings in 2019
NREC’s profit up 6% in 2019; plans 5% bonus shares
Saudi Arabia reports 17 new COVID-19 cases
UAE suspends all visas, flights with more countries
Abu Dhabi closes touristic, cultural sites amid coronavirus fears
Egypt closes schools for two weeks
Coronavirus toll in Kuwait rises to 104 cases
Oman halts study in schools, universities
Sharjah’s hotel occupancy rate reaches 66% in 2019
Boursa Kuwait to resume trading on Sunday with new limits
Saudi Arabia suspends international flights for two weeks
UAE halts flights to Italy except Rome
Kuwait's coronavirus cases rise to 100
TASI suffers largest weekly drop in 9 yrs
Egypt launches tender for monorail advisory services
Saudi Arabia reports 17 new coronavirus cases
Kuwait's crude oil falls $1.83 pb on Thursday – KPC
Bahrain Bourse ends week 11% lower on coronavirus fears
ADX falls 15% in week; market cap shrinks AED 72bn
DFM ends week 18% down; market cap drops AD 55bn
EGX30 loses over 1K pts in week; market cap drops EGP 44.7bn
TASI loses 195 pts at Thursday’s close
Kuwait C. bank: business remains during public holiday
Jarir Marketing proposes SAR 2.2/shr dividend for Q4-19
Saudi German Hospital reports 43% lower profits in 2019
Kuwait’s budget deficit up KWD 1.8bn in 11M
UAE detects 11 new coronavirus cases
Abu Dhabi’s non-oil foreign trade down 5.4% in 2019
ADX ends Thursday down; market cap loses AED 31.75bn
DFM ends Thursday 8% lower
Kuwait bans all flights starting Friday over coronavirus concerns
Kuwait’s crude oil up 62 cents on Wednesday – KPC
Kuwait to halt commercial air traffic on Friday amid coronavirus worries
Dana Gas commences arbitration against MOL, OMV
Boursa Kuwait shuts down on Thursday amid coronavirus fears
Kuwait announces 8 new coronavirus patients; toll rises to 80
MIS renews SAR 60m Murabaha facility deal
Astra achieves 32% higher profit in 2019; no dividends payment
Arriyadh Development logs 19% lower profit in 2019; dividends proposed for H2
Emaar Properties temporarily suspends bookings in 3 hotels on coronavirus fears
CBD’s shareholders approve 20.7 fils/shr dividend for 2019
Herfy Food proposes SAR 71m dividends for H2-19
Al Etihad Cooperative’s profit down 27% in 2019
Dubai Investments recommends AED 425.2m dividend for 2019
AXA Cooperative Insurance’s profit hits SAR 108m in 2019
Makkah Construction reports SAR 236m profit in 2019; dividends proposed
Kuwait announces 2-week holiday on coronavirus fears
Dana Gas proposes 5.5 fils/shr dividend for 2019
Al Ahleia Insurance records KWD 10m profit in 2019
Egypt’s FRA approves MM Group’s capital raise request
Egypt’s sovereign wealth fund, SCZone partner to build military plant
Egypt’s banks, bourse off on Thursday
DFM down on Wednesday; market cap records AED 314bn