Latest news

Date Title
RAK Cement turns to AED 6.4m loss in 9M
Saudi wholesale price index up 3.3% in October
Saudi, Egyptian hotel markets to perform well in 2020; UAE to stabilise – Colliers
Aramco’s weight on TASI to exceed 9%
Mohandes Insurance’s Q1-19/20 indicators show EGP 30m standalone profit
Emirates Airline close to buying $8.8bn 30 Boeing 787s
Methaq Takaful records AED 53m accumulated loss
Fawry’s profit soars 48% in 9M
Savola tops Tadawul-listed firms turning profitable in Q3
Dana Gas comments on Egypt, UAE, Kurdistan's operations
Egypt applies ‘green channel’ customs system; 75 companies whitelisted
DP World's $520m Sokhna expansion set for completion in Q2-20
Arabian Centres inks $1.4bn Murabaha, Ijara deals
Al-Baha posts 66% rise in Q3 profits
Kuwaiti trade surplus with Japan shrinks 13.5% YoY in October
Raya Holding mulls EGP 700m securitised bond issue
Arabian Centres issues $500m Sukuk
Kuwaiti gov’t withdraws KWD 42.8bn from general reserve in 5 yrs
Boursa Kuwait opens Wednesday near stability
Kuwait crude oil price levels down 97 cents on Tuesday
Al Khair National to sell shares in Gulf Cable for 550 fils per share
UAE C.bank’s assets grow 13% in October
Al Salam Bank – Bahrain to launch $50m fund with China’s MSA Capital
Egypt’s food exports register $2.6bn in 9M/19
Saudi competition authority permits Uber, Careem deal
New 57,000 companies launched in Egypt in 3 yrs
Robust growth seen for Saudi higher education market
UAB’s accumulated loss hits AED 490m in September
Flynas orders 10 Airbus planes
Sonker’s $500m bulk liquids terminal set for completion in May 2020
Mobily, Alinma seal SAR 3bn loan agreement
Raydan to begin trading on Tadawul Thursday
TASI rises for 3rd day in row on Tuesday
Raya Holding invests EGP 2bn in 3 yrs - Chairman
Injazzat Real Estate’s CEO resigns
STC introduces micro trench technology to KSA
Mena Real Estate completes exiting deal
Egypt’s daily oil output hits 5-month high in September
Indian tourism to GCC to grow 81% in 6 yrs
Kuwait’s bank deposits rise in September
Johnson & Johnson raises its investments in Egypt to EGP 2.3bn
Renault names SVR for communications, public affairs
Saudi holdings of US T-bonds up 3% in September
ADX closes Tuesday in green
DFM gains 18.91 pts on Tuesday
Boursa Kuwait ends higher on Tuesday despite political developments
Speed Medical aims to invest EGP 160m in 2020
Arabian Cement Co’s board proposes EGP 0.47/shr dividend for 2018
Giza General Contracting awarded EGP 97.9m contract
Kuwaiti investments in Belgium record $823m
UAE’s holdings of US Treasuries shrink 24% in September
Egypt lowers holdings of US Treasuries in September
Inflation down 0.3% in Saudi Arabia
Kuwait ranks 2nd among Arab holders of US T-bonds in September
Intelligent connectivity catalyst for GDP growth – Huawei Report
CBE sells EGP 697m T-bonds
ADGM partners with RAK ICC to foster inter-Emirate cooperation
Noor Financial’s board approves merger with subsidiary
3rd US reprieve has no significant impact on Huawei’s business
Al Khair National for Stocks to sell stake in Gulf Cable
Etihad Airways, Collins Aerospace ink Dispatch SM software deal
EgyptAir inks 2 deals with AerCap Holdings
Abu Dhabi Aviation, Leonardo ink deal for 5 helicopters
US investments in Egypt hit $22bn in 2019 – Madbouly
Kuwait crude oil adds 77 cents on Monday – KPC
Air Arabia places $14bn order for 120 Airbus A320 family aircraft
Arabtec wins AED 366m project in Egypt’s Marassi
EGX30 ends Monday below 14,400 pts; market cap loses EGP 6.8bn
No signs for recession in Germany - Bundesbank
TASI tops 8,000 pts, closes Monday in green
EgyptAir inks MoU with GE Aviation
Yield on Egypt’s T-bills hits lowest level in more than 3 yrs
Jazeera Airways, Airbus ink Flight Hour Services deal
Injaz Al Arab, Citi Foundation launch leadership summit
Are foreigners allowed to buy Aramco shares in IPO?
Egypt’s exports to African Union grow to $4.7bn in 2018
Boursa Kuwait closes Monday in green
Renault City debuted in France
ADX ends Monday's session in red
Arabtec’s stock weighs on DFM on Monday
Egyptian Tax Authority denies imposing VAT on medicines
W Motors, Nasdaq Dubai gear up for new expansion
Saudi Arabia launches Future Factory Show
ADGM, HANFA enhance mutual cooperation via MoUs
NREC reports 21% lower profits in Q3-19
ENOC becomes largest jet fuel supplier via deal with GoAir
Malath hires SRB as Sharia compliance advisor
Egypt-US bilateral trade hits $5.5bn in 9M
Advanced Petrochemical redeems SAR 1bn Sukuk
UAE telecom authority to host UAE 5G Conference in December
Al Moammar, Albilad ink Islamic finance deal
Mohandes Insurance’s shareholders approve EGP 0.90/shr dividend for FY18/19
Egypt’s housing ministry invests EGP 65.6bn in Upper Egypt since 2014
BCI posts updates on Jubail’s chlorine project
Al Andalus sells stake in Hamat to Asala Holding
Electro Cable logs EGP 116m profit in 9M
MedGulf, SEC sign health insurance deal
United Housing’s profit rises to EGP 127m in 9M
Tadawul to move Nomu-listed Raydan to main market
CBE issues EGP 3.75bn T-bonds on Monday