Latest news

Date Title
EGX ends Sunday in red; market cap loses EGP 1.7bn
Egypt-Sudan electricity interconnection project to be operational on 12 January
CBE announces New Year's holiday
Batelco inaugurates new retail branch in Saar Mall
Egypt to execute electric grids efficiency plan at $4bn
Egypt to set up MidEast’s 1st hydropower plant
South Valley Cement 9M losses enlarge 930%
Boursa Kuwait’s indices close Sunday mixed
ECA approves Uber’s acquisition of Careem
Kuwaiti bank deposits rise 1.2% YoY in October
Gov’t spending to support Saudi growth in 2020 - AlJazira Capital
National Housing approves EGP 605m offer to sell Le Méridien Heliopolis
ADX ends Sunday up; turnover totals AED 99m
DFM wins 11.68 pts on Sunday
DLD, Property Finder together launch official Dubai House Price Index
Egypt to invest EGP 200m in developing South Sinai slums
Egypt to inject EGP 756m into 18 cultural projects
Egyptian Resorts Co’s losses drop 40% in 9M
DIFC announces New Year 2020 holiday
SODIC’s unit inks EGP 1bn funding deal with CIB
Fawaz Alhokair adopts Amazon Web Services cloud transformation
EGA completes 1st UAE project to export industrial technology
Arabia Investments Holding’s unit closes EGP 295m securitised bond issuance
DFSA supports firms to mitigate cyber risks via platform
Golden Pyramids Plaza's 9M profit slides 64.5%
Saudi Amiantit exits Egyptian market in $2m deal
Three int’l companies awarded oil, gas concessions in Red Sea
Al Khodari explains delay in issuing financial statements
Burgan Bank sells HQ at KWD 19.5m
CBE issues EGP 19bn T-bills on Sunday
SEDCO Capital to distribute SAR 9m to REIT unitholders
Arabi Group’s unit offers lowest bid in KWD 94.9m tender
Bahrain seals concession deal for new airport terminal
Dubai’s RTA opens Qudra-Lehbab roads interchange development project
Alexandria invests EGP 811m to develop 7 slums
Egypt’s irrigation ministry to complete EGP 1.2bn projects in 2 years
Dubai’s non-oil foreign trade hits more than AED 1 trln in 9M/19
Saudi Arabia, Raytheon ink deal to localise patriot system maintenance
ADX falls 0.82% in week; Market cap amounts to AED 518.9bn
TASI tacks on 62 pts in week; 17 sectors rise
DFM shrinks 3.7 pts in week; Market cap loses AED 590m
Egypt’s SuperJet receives 11 high-tech buses
EGX’s indices vary in weekly performance
Bahrain Bourse ends 20 pts higher in week
Kuwait crude oil price goes up 59 cents on Thursday
Egypt’s HCMLT targets EGP 9.8bn revenue in FY19/20
Derayah Financial transfers real estate asset for SAR 29m
Egypt operates biggest poultry project in Aswan’s Toshka
Arab Organization for Industrialization inks protocol with China's Norinco
Al Babtain’s board ups capital of subsidiary
Farm Superstores renews SAR 112m credit facility with BSF
ACWA Power, SABIC ink cooperation memorandum
How can non-local startups get grants in Bahrain? – Interview with Pakiza Abdulrahman
Egypt’s oil imports drop $371m in September quarter
Suez Canal receipts grow to $1.5bn in Q1-19/20
Boursa Kuwait rises in week amid lower liquidity
Boursa Kuwait registers KMEFIC as market maker
Remittances from Egyptians in UAE rise $164m in Q3-19
TASI resumes gains on Thursday
Saudi labor ministry inks partnership agreement with stc
Egypt’s cabinet approves EUR 1bn funding deal for 1,300 train cars
SABIC, Japanese Yokogawa sign deal to promote localisation in KSA
Hamburgini to list on Tadawul in 2020 – CEO
Boursa Kuwait’s indices end Thursday mixed
Egyptian gov’t settles EGP 137bn tax disputes
Jazeera Airways sells engine, changes support service provider
EGX sees EGP 5.1bn offerings in 2019
Saudi non-oil exports to GCC rise 5% in October
Story behind first Arabic voice assistant ‘Salma’ – Interview
ADX ends Thursday on negative note
DFM edges lower at Thursday’s close; market cap loses AED 890m
KFH generates KWD 1.35m profit from sale of properties
SAMA calls upon two insurance firms to resolve their situations
Yansab to distribute SAR 1.75/shr dividends
Egypt to roll out tax app in January 2020
M&A Brief of the Week
Thuraya inks deal with Rockville technologies to expand in Pakistan
NCB renews insurance agreement with Al Ahli Takaful
Qalyubia sees EGP 240m electricity projects
Heliopolis Housing’s shareholders approve cash dividends, bonus issue
GO losses up 46% in Q3
CBE issues EGP 18.75bn T-bills on Thursday
CMA approves Amlak International IPO
Net FDI inflows in Egypt rise 66% in Q1-19/20
NCB to distribute 12% cash dividends
Egypt’s tourism income rises to $4.2bn in September quarter
Egypt’s BoP posts $227m overall surplus in Q1-19/20
NCLE approves SAR 0.8/shr dividends
Egypt’s non-oil trade deficit shrinks $1bn in Q1-19/20
S&P initiates GFH coverage with 'B' long-term issuer rating; outlook stable
Alahli Takaful renews SAR 54.7m insurance contract
Al Rajhi REIT Fund acquires SAR 230m properties in Riyadh
Amlak International’s profit shrinks 31% YoY in 9M/19
TASI sheds 77 pts at Wednesday’s close; Aramco generates SAR 395 million
Tamdeen Investment’s unit hikes capital by 150%
EGX approves listing of Maridive and Oil Services’ capital hike
Mobily, Landmark Arabia sign deal to exchange loyalty points
EGX ends Wednesday mixed; market cap down EGP 550m
Aramco praises Saudi-Kuwaiti agreement on Neutral Zone oil production
Egypt to introduce credit card payment option for metro fares