Latest news

Date Title
M&A Brief of the Week
ADX closes Thursday up; market cap adds AED 5bn
DFM ends Thursday in green
Al Delta, Gemco sign EGP 300m contract for foundry project
MNHD logs EGP 6.3bn contractual sales in 2019
Egypt's annual core inflation falls to 6.8% in December
Securities House’s shareholders approve merger with Al Aman
World Bank expects Egyptian economy to grow 6% in FY20/21
Thomas Cook India drives 2020 visitation to Yas Island via Experience Hub’s deal
Levant, North Africa sovereigns' 2020 outlook negative – Moody’s
Clay Pipes plans to acquire 75% of Advanced Piping
International Resorts to withdraw from bourse on Thursday
Saudi Arabia to welcome US, UK, Schengen visa holders
UAE registers 6% higher operating US firms in 2 yrs
SIIG cuts capital of two jointly managed companies
Saudi Cement producers’ sales rise over 24% YoY in December
Standard & Poor's expects decline in Egypt’s debt, unemployment
El Sisi allocates plots in Giza for development projects
Startups in MENA receive $704m funding in 2019 – MAGNiTT
UAE’s ADGM inks cooperation agreement for golden visas
GB Auto’s unit concludes EGP 734m securitised bond offering
AM Best affirms ratings of Misr Insurance Holding’s units; Outlook stable
Abu Dhabi hotels host 4.7m guests in Q4-19
Kuwaiti money supply sheds 0.31% YoY in November
Mubadala Investment sells EUR 850m stake in Italy’s UniCredit
TASI loses 0.91% at Wednesday's close on geopolitical risks
Kuwait’s foreign reserves rise 3.89% in November
CMA approves securities central counterparties regulations
Arzan’s unit changes equity ownership in Hill Top to 25%
Oman Oil Marketing Company launches sultanate’s 1st green service station
Saudi Arabia’s IIP down 4.3% in November – GaStat
Boursa Kuwait’s indices close lower Wednesday on geopolitical turmoil
DFM ends Wednesday in red; turnover reaches AED 163.4m
Dubai’s Empower online transactions up 15% in 2019
ADX down, loses AED 3.73bn market cap on Wednesday
Saudi Customs launch auto-adjustment data program
Egypt gov't to mechanise collection receipts in administrative bodies
Boubyan Bank receives regulatory approval to acquire BLME Holdings
Bank credit in Saudi Arabia up 5.3% in November
Kuwait records KWD 230m real estate deals in October 2019 - KFH
El Shams Pyramids FV set by financial consultant
CBE sells $864.9m T-bills for year-tenor
Subol beneficiaries exceed 56,000 Saudis in 2019
Senergy’s unit wins $3m tender in Oman
SATORP to carry out scheduled maintenance activates
Sharjah is 8th fastest-growing city worldwide until 2020 - EIU
ADNEC renews five-year partnership agreement with Agility
Trading on Egypt’s new commodities exchange to start by year-end
Bahrain’s SWF hires banks for USD-dominated sukuk issuance
Saudi PIF’s company seeks to own 50 helicopters by 2025
Saudi NCLE sets start-up date for school project in Dhahran
National Company for Learning’s profit rises 1.4% YoY in Q1-19/20
Nordic tourism to Gulf countries may generate $810m by 2024
Monshaat supports date farming SMEs with SAR 3m
Dubai records highest property sales in 11 years
Egyptian ministry: Avaya to open new international software centre
Tadawul closes Tuesday in marginal losses
Saudi Arabia licenses Bank of China's first branch
KSA, France to build nonmetallic centre of excellence
Pakiza Abdulrahman: Gov’t leads cloud adoption in Bahrain; private sector is following – Interview
Boursa Kuwait shows mixed performance on Tuesday
DFM wins 53.60 pts on Tuesday; market cap gains AED 6.4bn
ADX ends Tuesday higher; turnover totals AED 107.8m
Volatility boosts freight derivative volumes in 2019
Tax on sweetened drinks will not impact Saudi businesses - KPMG
Etihad Airways facilitates flights for Australians on bushfires emergency
More than 2,500 Saudi women benefit from Qurrah
DMCC bolsters trade ties with China via Chengdu Hi-Tech Zone deal
Saudi consumer spending rises by SAR 40bn in 11M
Egyptian tech startups participate in CES 2020
UAE welcomes world nationals with 5-year multi-entry tourist visa
Al Kathiri increases renewed NCB credit facility
UAE’s inflation rate down for 11th month in row in November
Boursa Kuwait opens Tuesday higher
UAE gov't approves Air Arabia Abu Dhabi as national carrier
EGYPS 2020 to tackle regional energy challenges
Capital Economics forecasts 2.25% interest rate cuts in Egypt
Al Rajhi REIT new units trading to begin Tuesday
Kamco, Global complete merger; launch 'Kamco Invest'
TASI rises 0.15% at Monday’s close
EGX closes Monday in losses; market cap down EGP 5.3bn
Badir incubated Saudi tech startups raise SAR 508m in decade
ISE, Nutanix cooperate in IT solutions to promote Saudi Vision 2030
Boursa Kuwait closes Sunday in green
Egypt’s gold reserves rise 21.5% in 2019
Spinalex nods capital reduction by EGP 144m
CBE to issue EGP 6.5bn T-bonds on Monday
ADX loses 20.28 pts on Monday; market cap sheds AED 1.68bn
DFM ends Monday on positive note
Unicap inks KWD 15m property sharing agreement
MENA's Internet of Medical Things expected to reach $9bn by 2022
Al Moammar recommends SAR 1/shr dividends
SAMA renews AICC insurance license
CIB to raise capital to EGP 14.77bn
Ataa Educational agrees SAR275m deal with BSF
Unicap pens $20m credit facility agreement
Dubai to host new transport, logistics exhibition in November
Egypt’s PMI slightly improves in December - IHS Markit
Egypt eyes gov’t investments at EGP 200bn in FY20/21
Egypt targets 6% growth, EGP 6.6trn GDP