Latest news

Date Title
ADNOC breaks $10bn mark as UAE's most valuable brand
Dalqan Real Estate’s general manger resigns
Aramco agrees LNG sale to S-Oil
Egypt executes EGP 1.5bn New Borg El-Arab development plan
Saudi wholesale prices up 0.4% in December
Kuwait’s bank deposits up to KWD 43.6bn in November 2019 – KFH report
Abu Dhabi Investment Office invests AED 60m in new innovative startups
Saudi Arabia issues $5bn int’l bonds
UK’s Matalan, GSK ink deals to invest GBP 30m in Egypt
Egypt Gas to contribute $6m to setting up new company
SPM appoints new CEO
Samba to issue USD-denominated Eurobonds
Mubadala Petroleum completes farmout in 2 Indonesian blocks
National Investor’s shareholders approve AED 200m capital cut
Kuwait’s oil revenues down to KWD 11.58bn in 9M-19/20
GFH raises $300m in Sukuk issuance; oversubscribed 2.5 times
Egypt gov’t to open EGP 2.66bn projects in Minya
World Bank provides $200m finance to Egyptian SMEs
Proceeds from Aramco’s IPO to finance industries in Saudi Arabia
Egyptian gov’t to support tourism investors with EGP 300m
Bahraini economy to grow 2.3% in 2020
Abu Dhabi’s CPI falls 0.8% YoY in 2019
SRC buys SAR 250m mortgage portfolio from Bank Aljazira
Palm Hills signs EGP 505m facility agreement with AUB Egypt
MoneyGram joins forces with LuLu Money to boost Asia-Pacific expansion
Misr Hotels’ profit shrinks 5.6% YoY in H1-19/20
Faisal Islamic Bank’s business records EGP 108.3bn in Dec. 2019
Sidra Capital in talks to acquire London’s Ritz Hotel
Emaar Properties partners with Xiaomi to develop smart homes
TASI down 0.29% at Tuesday’s close
Yiaco Medical’s shareholders approve loss amortisation, capital cut
FTA establishes new platform for VAT refund on new homes
stc agrees KWD 40m agreement with NBK
Low revenues weigh on Kuwait’s budget deficit in 9M-19/20
Fuel delivery app CAFU expands int’l business to Oman
Egyptian banks grant EGP 1.85trln loans in FY18/19
Egypt's gov’t builds 437k residential units in 2019
Egypt’s financial leasing firms ink contracts at EGP 55.9bn in 2019
Kuwaiti indices close Tuesday mixed; turnover up to KWD 44.7m
Egypt’s bank deposits hit EGP 3.99trln in FY18/19 – CAPMAS
ADX down 0.55% on Tuesday
DFM regains upward performance on Tuesday
Kuwait’s 2020 budget not giving optimism to firms – GlobalData
Dubai property market likely to recover in 2020 - Seven Tides
Hilton plans to continue expanding in Saudi Arabia
Egypt's housing ministry spends EGP 60bn on social housing units
Arqaam Capital revises Saudi RE TP to SAR 11/shr
Beltone’s rights issue 90.8% covered
Saudi inflation up 0.1% in December
STC Solutions launches ‘Sign’ to offer accredited digital signing in KSA
US tech firms top traded stocks for UAE in 2019 - Saxo Bank
IMF forecasts Saudi economy to grow 1.9% in 2020
DM Development to launch New Cairo, North Coast projects at EGP 3bn in FY21/22
SAGIA inks $164m factory MoU with China’s Shen Gong
Egypt’s debt service to drop EGP 280bn annually on lower borrowing costs
SEDCO Capital REIT to distribute dividends next week
DMCC adopts 30% discount for companies in UN Global Compact
Ash-aharqiyah Development postpones EGM
CIB to secure $100m Tier II capital facility from UK’s CDC
Shuaa Capital’s unit inks agreement to manage $400m assets
Ataa shareholders approve SAR 1/shr dividends
Sanam Real Estate inks deals to buy KWD 2.7m medical property
Egypt’s sovereign fund inks MoU with Actis to help draw investments
Kuwait C.bank issues KWD 240m bonds; oversubscribed 12 times
Invest ITS unveils Bahrain’s 1st AWS-powered medical appointment app
Boursa Kuwait opens Tuesday in red
Saudi oil exports down 10.5% in November
Egypt eyes 5.8-5.9% GDP growth in FY19/20
CMA approves raising Mulkia REIT assets
Egypt-UK bilateral trade records GBP 1.7bn in 9M
Three Kuwaiti listed firms win investment opportunity in Jaber Al Ahmad city
Inaugural Saudi Accountants Forum to launch next week
Saudi Cable reveals results of rights issue
Kuwait Finance House’s shareholders approve capital raise to KWD 1.12bn
NBK’s profits hit KWD 401m in 2019; dividends proposed
Saudi German Hospital signs cooperation pact with Mayo Clinic
TASI closes Monday in green
Talaat Moustafa Group likely to finalise talks over west Assiut land in month
KFH, AUB merger to generate higher profits; BHB listing approved
Egypt’s fuel subsidies hit EGP 7bn in Q1-19/20
Egypt’s revenues surpass EGP 390bn in H1-19/20
ADX closes Monday in green
DFM closes Monday in red zone
Kuwaiti indices end Monday on mixed note
Foreign investments in Egypt’s debt instruments hit $22bn end 2019
Mawani obtains ISO 27001
Arkan Al Kuwait purchases property at KWD 6.2m
Talaat Moustafa Group to issue sukuk in April
Egypt makes debut on Bloomberg Innovation Index in 2020
Boubyan Bank logs 12% higher profits in 2019; dividends approved
CBE offers EGP 6.75bn T-bonds on Monday
Raya Holding comments on Aman Holding stake sale news
InterContinental Hotels to expand regional presence via Saudi Arabia
Wafa Insurance shareholders reject board’s report for FY18
Egypt inks 9 oil, gas deals with $452m investments
Kuwaiti banks grant KWD 38.2bn loans in November 2019 – KFH
Bahri appoints chairman, deputy chairman
Solidarity, Aljazira Takaful ink new merger MoU
CBE sells EGP 18.02bn T-bills
Interview: We look to repeat Finastra Egypt Digital Trade Forum – Serge Tohme