Latest news

Date Title
Egyptian Resorts unveils EGP 444.4m development
Real Estate Egyptian Consortium approves stock split
Arab Drug Co approves cash dividends for FY18/19
Maaden’s chairman submits his resignation
Egypt sets up EGP 490bn projects in FY18/19 – Ministry
GFH to maintain diversifying business on CI Rating’s affirmation
Feedstock supplies reach normal levels - Advanced Petrochemical
Abu Qir Fertilizers approves raising dividend for FY18/19
Petrochem’s feedstock supplies restored to normal levels
CMA approves merger between Al Aman Investment, Securities House
Bahri to distribute SAR 0.5/shr dividends for H1
CMA nods to Maaden’s capital raise through SAR 2.99bn debt conversion
CBE issues EGP 18.75bn T-bills on Sunday
Bloomberg to host Abu Dhabi’s 1st Capital Markets Forum in October
Boursa Kuwait opens Sunday mixed
GCC bourses await new catalysts – Analysis
Output of EGA’s Al Taweelah refinery to reach 1m tonnes by year-end
Bahrain signs visa exemption agreement with Hungary
Capital Intelligence gives 'BB', 'B' credit ratings to GFH
Capital Intelligence affirms ADCB’s credit ratings at 'A+', 'A1'
UAE Italy non-oil trade hits $7.6bn in 2018
Egyptian S. Korean trade soars in 2018
Saudi Arabia awards $106m contract for water pipeline
Indian antitrust agency approves SABIC’s acquisition
S&P affirms Saudi Arabia’s credit ratings at ‘A-/A-2'
ADX loses over 55 pts in week
DFM sheds 21.5 pts in week
Dubai Land Department inks 9 MoUs in Cityscape Global
Saudi Arabia signs $27bn MoUs, agreements to boost tourism
Saudi Arabia launches fast visa for 49 countries
IFA Hotels sells KWD 1.57m subsidiary
EGX’s indices shrink in week; Market cap loses EGP 42bn
Buruj’s board proposes SAR 30m dividends for 2018
Egypt’s exports to EU grow in H1-19
Boursa Kuwait’s indices rise in week
Bahrain Bourse levels up 31 pts in week
Tourism contributes AED 164.7bn to UAE’s GDP in 2018
Majis I­­­­­ndustrial Services, Toshiba sign OMR 3.27m water treatment contracts
NBE not to cut interest rates on savings certificates – Vice chairman
Orange Be Global obtains 10,000-feddan land in Egypt’s New Valley
Samba prices $1bn int’l 5-year bond; 1st transaction in 13 yrs
CBE cuts interest rates by 1%
Egypt denies raising income tax, fuel prices
Ras Al Khaimah to host region's 1st WTTC forum in October
ADX ends Thursday in red
Tasnee feedstock supplies’ resume to normal levels
Egypt’s manufacturing index up 8.8% in July – CAPMAS
Egypt injects EGP 20bn into 10th of Ramadan City in 5 yrs
Investors seal SAR 18.27m deals for two Tadawul-listed stocks
US Prudential Financial's unit to invest in Sarwa Life Insurance
DFM maintains bearish trend on Thursday
KABO turns to loss in FY18/19
Boursa Kuwait’s indices close in red Thursday
Japan’s Nikken Sekkei unveils world’s longest cantilever in Dubai
Healthcare sector to see EGP 27.5bn investments in FY19/20 – Ministry
Saudi Kayan restores feedstock typical supply levels
El Kahera Housing’s profits shrink 69% in H1-19
Yansab’s feedstock supplies reach normal levels
GSK Egypt’s profit drops 57% in 2018
Facebook Accelerator London to support African startups
Emaar Properties’ stock hits lowest level in 2M in Thursday’s mid-trade
ERC to start commercial operation in Q4 – Qalaa Holdings
Moody's assigns B2 rating to $1bn Bahraini bonds
ASCOM turns profitable in H1
Takaful Emarat to appoint new CEO
M&A Brief of the Week
Nestlé Middle East launches 10 GWh solar plant in Dubai
Qalaa Holdings suffers EGP 450m loss in H1 despite higher revenue
Moody's withdraws rating of Dubai’s Jafza
Egypt buys 300,000 tonnes of wheat in int’l tender
Kuwaiti indices start Thursday’s session in red
SABIC says feedstock supplies return to normal
CBE issues EGP 19bn T-bills on Thursday
Alhokair’s shareholders consent to SAR 340m acquisition
Sipchem to distribute SAR 0.60/shr dividends for H1-19
Abu Dhabi, Dubai welcome 10.86 tourists in 6M
UAE’s consolidated gov’t finances surplus hits AED 49.42bn in H1
Al Salam Bank continues buying treasury shares
Saudi Arabia launches $23bn urban projects in Riyadh
Damac Properties to continue operations in 2020 despite challenges – Chairman
Derayah Financial inks $14.6m deal to buy properties in Saudi Arabia
Ream Real Estate turns to loss in Q2-19
Prometeon Tyre ups investments in Egypt to $200m
EGX snaps losing streak at Wednesday’s close
TASI levels down 40 pts at Wednesday’s close
ITIDA, Valeo ink MoU to set up 2 smart service centres in Egypt
Integrated Holding’s profit may drop in 9M – Analyst
National bank of Fujairah raises $350m in 5-yr bonds
Misr Hotels not to pay EGP 263m to gov’t – Court ruling
GACO extends non-binding MoU for acquisition deal
ADX gains AED 779m on Wednesday
Boursa Kuwait’s indices end higher on Wednesday
ADX strengthens ties with China’s SSE
Egypt Aluminum proposes EGP 0.50/shr dividends for FY18/19
In a first for GCC, Uber launches taxi service in Saudi Arabia
DFM maintains bearish trend on Wednesday
Foreign investors flock to buy Egypt’s T-bonds
UAE’s ECI, economy ministry to motivate national investors to expand globally
Saudi Drwazah to invest EGP 10bn in Egypt
Aljazira Capital sets TP of Saudi German at SAR 29.6