Latest news

Date Title
Al Thekair seals full acquisition of KMEFIC
Brokerages profits surge 25.5% in Q4
Kuwait announces 3 days for National, Liberation holiday
Egypt’s spending on salaries up 12% in H1-19/20
Saudi passports reveals penalties for expired resident ID cards
Thrawaat International aims to launch 8 Swiss International hotels in Egypt
ADX maintains upward performance on Monday
DFM up on Monday; market cap records AED 378.18bn
Boursa Kuwait up on Monday amid thin liquidity
USD falls against EGP at local banks on Monday
Castle Development inks MoU with Schneider Electric for energy management solutions
Passengers in Saudi ports up 9% in 2019 – Mawani
Kuwait turns to KWD 2.26bn deficit in 10M-19/20
stc Pay, Saudi Payment ink cooperation agreement
SAIB achieves $12m net profits in 2019 initial financials
Kuwait announces cabinet reshuffle, names 4 key officials
October Pharma’s indicators show 80% profit hike in 2019
Mohandes Insurance’s shareholders approve capital raise via bonus issue
Sheeni’s losses balloon 42% in H1-19/20
Rashpetco, Burullus Gas plan to invest $167m in FY19/20
Trial production launched in Al Wafra, Al Khafji oilfields – Minister
Orascom Development to develop int’l school with EGP 500m investments
Jabal Omar Development appoints new CEO
Egypt draws $12bn cash inflows year-to-date – CBE official
NADEC CEO resigns; new appointee announced
Inovest logs 49% lower profit in 2019; dividends proposed
AMOC’s profit dips 81% in H1-19/20 on lower sales
CBE offers EGP 7bn T-bonds on Monday
Integrated Logistics to execute stevedoring works for Kuwait Port
Napesco seals KWD 110m deal with KOC
Markaz’s profit leaps 204% in 2019; dividends proposed
FAB issues AED 3bn First-ever Sterling, Kangaroo bonds
HC Securities readies to close 3 acquisition deals worth EGP 4.5bn in H1-19
Remittances from Egyptian expats rise $1.2bn in 5M
Al Sorayai shares oversubscribed by 858%
Egypt operates 7 investment zones at EGP 29.5bn
Tadawl closes Sunday in red
Benha investment zone reaches 96% completion – official
Mopco achieves EGP 830m profit in 2019 initial standalone results
Al Omran board approves moving to Tadawul
Beltone’s board agrees on EGP 553m capital raise
ADX up on Sunday; market cap records AED 528.6bn
DFM maintains upward performance on Sunday
EMPC to buy Arab Contractors’ stake in Arabian Hospitality
Tawuniya signs insurance deal with Alhokair Group
Boursa Kuwait ends Sunday lower
GUPCO plans to raise output to 77,000 bpd in FY20/21
Kuwait’s CMA awards market maker license to KFH Capital
Abu Dhabi sees 6.1% higher non-oil trade in 11M
Egypt allocates EGP 2bn for road improvement
Bank of Sharjah’s net profits soar to AED 226m in 2019
ADIB Egypt’s profit jumps 44% in 2019 initial results
Kuwaiti bourse suspends trading on KGL, KGL Logistics
Hadisolb’s sales dip 43% in H1-19/20
SAMA, GAZT sign electronic linking agreement
Bosta secures DPDgroup’s 1st investment in Egypt
Amanat reports AED 60m profit in FY19; dividends proposed
CMA approves Alinma Bank capital hike
Livestock Transport turns to KWD 1.2m profit in 2019; sales up 33%
Naeem Holding moves to losses in 2019 initial results
Dar Alarkan intends to issue dollar Sukuk
Arabtec Holding sees AED774m net losses in 2019
Speed Medical’s profit up 34% in 2019
Pyramisa Hotels and Resorts’ profit falls 30% in 2019; dividends proposed
MubasherTrade serves as broker for Emerald’s private offering
Kamco Invest acquires Silicon Valley-based asset at $286m
CBE offers EGP 14.5bn T-bills on Sunday
IFA’s losses shrink 70% in 2019 initial financials
Ithmaar Holding turns profitable in 2019; Zero dividends proposed
Gulf Navigation’s loss hikes in 2019
Takaful Emarat swings to profits in 2019
DFM loses 36 pts in week; Emaar sheds 3.25%
Banks weigh on ADX in week
TASI shrinks 178 pts in week
Abu Dhabi’s hotel establishments yield AED 3.2bn revenue in 2019
SDX Energy starts drilling operations at South Disouq in Egypt
Boursa Kuwait’s indices fall in week; BK Main 50 levels down
Bahrain Bourse rises 0.4% in week
ANOPC signs contract for $2.5bn project in Egypt’s Asyut
Pharos Research sets FV of CI Capital Holding at EGP 7.59/share
DP World acquires majority stake in Ukrainian container terminal
RAK Properties registers AED 101m profit in 2019
Aman’s profit soars 550% YoY in 2019
Egypt accomplishing 2nd phase of economic reform programme
Egypt sells EGP 20.5bn T-bills on Thursday
Egypt’s gas output may record 7.8 BCFPD in FY19/20
Manazel’s profit grows 4.3% YoY in 2019
Egyptian oil ministry inks 5 agreements on EGYPS 2020’s 3rd day
Aton obtains new gold exploration license in Egypt
Faisal Islamic Bank’s assets reach over EGP 103bn in January 2020
Saudi Egyptian Investment records higher profit in 2019
Alba profits down 91% in 2019
Tadawul closes Thursday in red
Shuaa Capital posts AED 73m net profit in Q4-19
GASCO announces medical insurance deal
Tadawul lists AlBilad Saudi Sovereign Sukuk Fund
Yansab annual profits down 55% in 2019
Union Properties incurs AED 219m net loss in 2019
Al Madina for Finance’s losses retreat 23% in 2019
Rameda executes EGP 62m greenshoe option