Latest News

Date Title
Pensioners to be exempt from ATM fees for 6M – Source
B Investments Holdings uses EGP 275m of subscription proceeds
B Investments Holdings posts 11% profit drop in 2019; dividends proposed
Kuwait Foundry turns profitable in FY 2019; dividends proposed
Emirates Refreshments' accumulated losses exceed AED 16m in 2019
EGX30 ends Sunday down; market cap drops 1.96bn
Ekttitab Holding posts 12% lower loss in 2019
Egypt’s slum development plan estimated at EGP 396.2bn
Mopco's OGM approves EGP 2.5/shr dividends
Sidpec names new chairman
Al Baraka Bank Egypt’s shareholders approve dividends, bonus shares
Boubyan Petrochemical raises stake in Warba Capital to 50.26%
Egypt Gas approves 2019’s dividends, capital hike
ADX up on Sunday; market cap records AED 423bn
Kuwaiti indices down on Sunday amid thin trade
DFM closes Sunday's session on positive note
UAE banks' guarantee letters, credit facilities hit AED 4.5trn in February
NBE launches mobile ATMs amid coronavirus fears
Al Baraka Bank South Africa sees 11% higher net income in 2019
GB Auto’s shareholders retract decision to merge with RGI
Kuwait’s COVID-19 toll rises to 255
CBE offers EGP 14.5bn T-bills on Sunday
EIPICO’s shareholders approve EGP 4/shr dividends for 2019
Faisal Islamic Bank approves dividends for 2019, capital raise
S&P affirms Abu Dhabi's credit rating; stable outlook
Al Mommar inks deal to acquire 75% stake in Egyptian firm
Egypt Kuwait Holding approves $0.06/shr dividends for 2019
Talaat Moustafa Group approves EGP 182.5m dividends for 2019
Advanced signs agreement for SAR 6.75bn petrochemical plants
CBE sets temporary deposit, withdrawal limit
Markaz exits $58m Parc Santa Fe in US
Dubai adopts economic stimulus package for companies in free zones
National Cleaning renews KWD 39m loans
Boursa Kuwait resumes trading on Ajwan Sunday
Egypt reports 40 COVID-19 cases
KSA's GaStat board appoints new president
UAE announces 63 new COVID-19 cases
BH Mubasher obtains margin-trading license from ADX
CBUAE clarifies working remotely to banks
Egypt sets travellers quarantine period at 28 days
UAE reports 72 COVID-19 cases
Saudi Arabia coronavirus cases reach 1,104
Egypt announces 41 new coronavirus cases
ADX market cap rises AED 9.7bn in week
DFM registers 2.3% weekly gains
Saudi Arabia closes March Sukuk issuance
Egypt calls for African debt relief by G20 countries
Kuwait's coronavirus cases reach 225
KIB approves dividends, bonus shares distribution
Kuwait oil down to $27.8 pb
S&P lowers Kuwait rating to AA-, outlook stable
EGX closes Thursday on positive note
Egypt estimates economic impacts of COVID-19
Egyptian gov't investment at EGP 90.9 billion in 8M - Minister
Alhokair Group losses down 88% in 2019
Fawry's net profits surge 88% in 2019
Tadawul rises for third day in row
ADX loses 3.9% on Thursday
Boursa Kuwait closes Thursday in red
DFM down 0.8% on Thursday's close
Kuwait reports 13 coronavirus cases; total at 208
EGA revenues at AED 20.5bn in 2019
Orascom Construction sees 15.2% lower consolidated profits; dividends proposed
Saudi Research and Marketing posts 190% higher profits
Insurance House shareholders approve 4% dividends
GACO’s board decides No dividends for 2019
Egypt seeks to invest EGP 37bn in railroad safety
Saudi Chemical profits down 71% in 2019
Samba to distribute SAR 0.7/shr
M&A Brief of the Week
GNH sees AED 445m accumulated losses
Riyad Bank shareholders approve H2-19 dividends
Tadawul reduces working hours
CBE issues EGP 20.5bn T-bills on Thursday
ADNEC contributes AED 4.9bn to UAE economy in 2019
Salama board proposes 3 fils/shr dividends for first time
EGX closes Wednesday in green
Egypt directs EGP 3.8bn to healthcare against COVID-19
Tadawul rises for third day in row
Saudi wholesale prices up 4.5% in February
UAE announces 85 new COVID-19 cases
Saudi Arabia announces 133 new COVID-19 cases
DFM's shareholders resolve 2.5% dividends for 2019
Egypt's COVID-19 cases rise to 442
Orascom Development carries EGP 40.5 million large-scale deal
NCC's board proposes 10% dividends for 2019
Egypt sends first charter flight to Kuwait
ADX gains 270 pts on Wednesday
DFM rises on Wednesday; market cap at AED 273bn
Kuwait Insurance nods to 30 fils/shr dividend for FY19
Khaleeji Commercial Bank's OGM nods to delist from DFM
Boursa Kuwait closes Wednesday on positive note
Inflation in KSA up 1.2% in February – GaStat
Fund raises stake in Orascom Construction to 8.6%
Enppi invests EGP 13bn in projects in Egypt, Middle East
Kuwait’s crude oil rises to $27.97 pb Tuesday – KPC
Kuwait charters flights to evacuate citizens from 3 countries
Etisalat shareholders approve AED 0.8/shr dividends
Kuwait registers 4 new COVID-19 cases, 4 recoveries
SACO’s profit shrinks 37% in FY19