Latest news

Date Title
Egypt’s microfinance balances jump to EGP 26.1bn in 2019
Tadawul up 0.14% at Tuesday close
Drogba backs Côte d’Ivoire by raising $15bn commitments for tourism
Delta Sugar proposes EGP 0.25/shr dividend for 2019
Mawani hands land to NPCC for SAR 160m fabrication yard
Expo 2020 to attract additional 1.4m visitors from 5 key markets
NBE inks deal to finance Mena House renovation with EGP 435m
SIDF approves SAR 12.5bn loans in 2019
Incolease’s profit drops 13% in 2019; dividends proposed
UAE halts all flights to, from Iran over coronavirus fear
Delta Construction's profit slides 61% in 2019
GFH rings bell for listing $300m Sukuk in Nasdaq
Saudi imports up 18% in December
Odin Investments swings to loss in 2019 on lower revenue
Kuwait’s health ministry confirms 8 coronavirus cases
Mopco’s profit shrinks 48% in 2019 unaudited consolidated financials
SEVEN expands entertainment complexes across Saudi Arabia
Boursa Kuwait ends February in red zone
ADX up on Tuesday; market cap drops to AED 519bn
Egypt’s ex-President Hosni Mubarak passes away
DFM retreats on Tuesday; market cap records AED 372bn
Egypt to launch gold exploration tender mid-March
Aramco signs $21bn agreements during iktva 2020
Kuwait’s crude oil slid to $56.75 pb on Monday – KPC
Egypt’s trade balance deficit narrows 10.8% in December 2019
KFH Capital to launch 1st REIT fund on Boursa Kuwait in March
EGP’s GDP expands to EGP 5.3trn in FY18/19
ABK’s profit down to KWD 29m in 2019; dividends proposed
Banks’ loans to UAE residents up 3.5% in January
Palm Hills reports EGP 906m profit in 2019
United Foods proposes 30% cash dividends for FY19
Bahrain suspends flights from Dubai, Sharjah for 48 hrs over coronavirus
Tadawul approves SAR 508m gov’t debt instruments
Egypt, S.Korea bilateral trade hits $1.59bn in 2019
EIPICO logs EGP 671m profit in 2019 unaudited financials
GO announced deadline for next EGM
MBF Group mulls to inject EGP 300bn investments in Egypt
UAE Armed Forces inks AED 625m deals at UMEX, SimTEX 2020
Kuwait cancels celebrations of National, Liberation days on coronavirus fears
Egypt’s non-oil exports up 4% YoY in January
Anaam Holding declares 0% accumulated losses
Kuwait suspends various flights over coronavirus fears
Mubadala teams up with France’s Bpifrance for multibillion LAC I Fund
Tadawul closes Monday with biggest decline in 9M
FAB’s shareholders nod to AED 8bn dividends for FY19; board increased
EDGE allocates over AED 1bn for advanced technologies – WAM
SAMA, CMA sign electronic link agreement
Saudi Arabia working on energy sector overhaul – Minister
Keypoint Trust raises ownership in GFH to 5%
Pharaonic Petroleum to inject $277 investments in FY20/21
Saudi finance ministry signs 4 MoU during Furas forum
UAE, Arizona State University pen MoU on innovation
UAE Armed Forces inks 5 deals at AED 156m
Alrai Media’s losses drop 83% in 2019
ENOC constructs 40% of service station at Expo 2020
Agiba Petroleum to invest $577m in FY20/21
SCTH promises more reforms in tourism sector
DP World completes acquisition of Fraser Surrey Docks
ADX retreats on Monday; market cap reaches AED 519bn
Ibnsina Pharma’s profit up 25% in 2019; dividends proposed
Ganope plans to drill 16 exploratory wells in FY20/21
Saudi Arabia encouraging investment through 3 pillars – Minister
DFM maintains downward performance on Monday
Kuwaiti indices end Monday in decline on recent COVID-19 cases
Suez Canal Bank logs EGP 542m profit in 2019; bonus proposed
CBD’s board recommends 20.7% cash dividend
Egypt-Belarus bilateral trade hits $142m in 2019
Emerald’s private placement 134% oversubscribed
Kuwait’s inflation may rise to 2% in 2020 – NBK Report
SCTH grants 400,000 visas in 5M
Egypt exports $12.3bn goods under QIZ protocol in 14 yrs
Bahrain confirms first coronavirus case
Majid Al Futtaim’s revenues rise to AED35bn in 2019
First KPMG Insights Center inaugurated in Riyadh
Egypt Gas approves capital hike via bonus shares
Delta Sugar’s profit sinks 88% in 2019 unaudited adjusted financials
SAFCO profits down 15% in 2019
Heliopolis Housing receives no management offers
Dallah Healthcare, Makkah Medical Center sign MoU
Kuwait announces coronavirus cases
Int’l consortium bids for management of CBD in Egypt’s new capital
KSA, Kuwait coordinate treatment of coronavirus case
Advanced Technology signs KWD 3m deal with KNPC
CBE offers EGP 7bn T-bonds on Monday
ALEXBANK inks $100m deals with EBRD
SAIB profits down 59% in 2019
Kuwait bourse stops trading on Al Aman Investment in March
Al Imtiaz Investment’s unit invests in $5m asset in US
Advanced Technology inks deal with Kuwait's health ministry
Kuwait bans entry of Iranian ships over coronavirus fears
Emerald’s IPO 17.7 times oversubscribed – EGX
Tadawul down 0.3% at Sunday’s close
MG Developments plans EGP 750m new investments in Ain Sokhna
Gulf Insurance profits rise 12% in 2019
Oriental Weavers Carpet announces $10m expansion plan for 2020
Dubai Mall launches first VAT refund service in UAE's malls
SASCO renews qualification certificate
Sharjah Islamic Bank’s OGM approves 10% dividends, bonus
EMPC to acquire Banque Misr’s stake in Arabian Hospitality
Al Babtain extends MoU with Portugal’s Metalogalva