Latest news

Date Title
DP World Sokhna receives 1st batch of container cranes
Aayan to post KWD 560,000 losses on Abyaar unit’s land sale
Abyar subsidiary’s land sold for $4.09m
Al Moammar renews SAR 110m funding agreement with ANB
Egypt’s NOMP inks MoU on water treatment with EnviroTech
Moody’s assigns ABK ‘A2’ foreign-currency deposit rating, ‘stable’ outlook
Wafa’s financial statements to be announced not later than 30 Jan
Arafa for Investment posts 682% profit surge in 9M
FAB expands footprint in Saudi Arabia via 3rd branch
National Bank of Oman exits Egypt
Al Kathiri subsidiary agrees SAR 18m finance deal
CBE issues EGP 3.75bn T-bonds on Monday
Sipchem subsidiary agrees 13-yr credit facility
Al Thekair’s share takeover bid price lower than Baker Tilly’s – KMEFIC
Al Gassim Holding to distribute SAR 0.25/shr
Prime Holding names new CEO
SAFCO to distribute 15% dividends
Al Ramz Corporation buys 7.33m shares in Gulfa Mineral Water
Gama Construction completes 6 solar power stations at Benban
Obour Land eyes annual increase in exports to $5m over 3 yrs
KFH gains KWD 400k profit from Al Enmaa property auction
Progressive Saudi 2020 budget focuses on stability, growth - Report
Attijariwafa Bank Egypt’s credit portfolio stands at EGP 16bn – Official
Tadawul extends 17 Dec closing auction
Kuwait sees KWD 1.8bn budget deficit in 8M
TASI rises 0.55% on Sunday; turnovers exceed SAR 5.7bn
EGX ends Sunday mixed amid thin liquidity
Egypt’s BoP deficit narrows to $3.49bn in September
CBE reveals EGP 50bn tourism support initiative
Kuwait Real Estate buys real estate assets at KWD 4.2m
Unemployment in Saudi Arabia down to 5.5%
Kuwaiti indices end Sunday’s session up
Interview: Fawry will use blockchain technology – Mohamed Okasha
Al Futtaim to invest EGP 2bn in Egypt’s CFC Mall
ADX ends Sunday in red
DFM wins 5 pts on Sunday; market cap gains AED 420m
MubasherTrade’s shareholders nod to 200% capital raise
Credit Agricole Egypt to inject EGP 500m funding to CBE’s mortgage initiative – Interview
ICON’s consolidated profit down 78% in 9M-19
Raya Holding’s shareholders approve EGP 0.19/shr dividend
Projects worth SAR 614m offered by 8,645 SMEs - HRDF
Acrow Misr sees 52% lower consolidated profit in 9M
SISCO’s subsidiary gets 30-yr deal in Jeddah port
FIPCO products approved for Pilgrims Housing Project
EMPC buys NBE’s stake in Arabian Hospitality Co.
Prime Holding dismisses CEO, forms fact-checking committee
Mobily signs SAR 7.6bn Murabaha deal with local banks
Union Properties’ board names new CEO
SEC awards SAR 9.6bn smart meter deal
CBE issues EGP 19bn T-bills on Sunday
Al Sagr seals SAR 23.7m deal with Maharah Human Resources
Alinma Bank to raise capital by 33%
Sarwa Capital closes EGP 1.8bn securitised bonds
EGX’s indices fall in December’s 2nd week
Egypt gov’t sets up EGP 1.3bn sanitation projects in Minya
DMCC, DGCX host networking event for Chinese businesses in Dubai
Egypt targets 6.4% growth, 6.2% deficit in FY20/21 – Minister
UAE’s ICT, Musanada complete 60% of Umm Lafina project
Egypt’s NOMP inks deal with Chinese company for new tyre plant
MAG Development launches AED 2bn Mag City in Dubai
Saudi non-oil growth to average 2.4% in next three years – NBK
DEWA launches 2nd phase of inclusion initiative for people of determination
Saudi Mawani announces joint contracts with DP World, Red Sea Gateway
ADX loses 8.6 pts in week; Market cap amounts to AED 516.3bn
DFM achieves highest level in 6 weeks
Boursa Kuwait’s indices see varied performance in week
Bahrain Bourse rises 20 pts in week
TASI’s liquidity grows 399% in week led by Aramco’s market cap
Dubai welcomes 481,000 US tourists in 10M
Egypt’s petroleum consumption declines 8m tonnes in 4 years
Kuwaiti oil barrels end Thursday at $65.60 pb–KPC
Investments in Egypt’s Benban solar park total $2.2bn
SAMA suspends 4 insurance firms
Saudi e-Government Program covers 86% of public sector
Al Arabiya Real Estate sells properties for KWD 4.2m
KAMCO finalises merger with Global Investment House
SAMA presents draft rules for financing support companies
TASI down 1.57%; Aramco dominates record trade
The Securities House approves merger with Al Aman Investment
KAMCO sells major stakes in overseas special-purpose entities
Egypt inks EUR 1.016bn funding deal for 1,300 train cars
Fitch confirms Warba Bank’s credit ratings, stable outlook
Saudi Arabia asserts role as MENA digital hub during ArabNet Riyadh
NBE targets further EGP 38bn SME funding by end FY19/20 – Interview
Warba Capital’s losses shrink 51% in Q1-19/20
Boubyan Petrochemical’s profit jumps by 47.3% in Q2-19/20
Boubyan Petrochemical exits stake in Aramco
Boursa Kuwait turns green by Thursday’s end
EGX executes MTO on Al Ezz Rolling Mills
ADX ends Thursday in red
Sisi allocates land for New Port Said City
DFM edges up at Thursday's close; market cap gains AED2bn
M&A Brief of the Week
Egypt sets up EGP 823m water, wastewater projects in Ismailia
ElKasstawi: Stock markets, gov’t can boost performance via digital money – Interview
NOMP signs MoU with 2 defence manufacturers
Saudi Cable publishes capital hike prospectus
Egypt offers 147 industrial units in Benha
How startups benefit from blockchain at Tribal Credit – Interview with Mohamed ElKasstawi
Tawuniya signs Umrah insurance contract