Latest News

Date Title
Egypt’s housing ministry offers land plots in new cities
UAE’s NBF logs AED 357m profit in H1
US Energy Recovery wins $5.8m deals in Saudi Arabia
EGX announces 23 July holiday
Bank Albilad to distribute 4% dividends for H1
UAE’s Emirates NBD eyes expansion in Saudi Arabia
IFA’s stock up 8% after resuming trading on Sunday, OGM’s decisions
Blue chips push down TASI early Sunday
BA’s suspension of flights to Cairo not ordered by British Gov’t
FAB proposes removal of foreign ownership limit
Al Rajhi Bank to pay 15% dividends for H1
Budget Saudi’s initial financials post 6% increase in Q2
IFA to offset KWD 57m accumulated losses; trading resumes
S&P upgrades Dubai’s Salama to ‘BBB’
Boursa Kuwait opens Sunday in red
CBE issues EGP 18.75bn T-bills on Sunday
Maaden unit inks SAR 2bn contract with Outotec and Larsen Consortium
Two districts at Deyaar’s Midtown near completion
Fitch assigns 'BBB-' rating for DAE’s IDR
Chin-UAE trade hits $11.2bn in Q1
Egypt’s iron exports rise by 13% YoY in May
Dubai’s RTA, Careem launch taxi e-hailing brand in Dubai
Boursa Kuwait outperforms GCC markets in Q2 – NBK
UAE-Egypt trade amounts to $5.5bn in 2018
S&P affirms Kuwait’s credit rating at ‘AA’; outlook stable
Kuwaiti real estate sales register $5.9bn in 6M
Kuwait’s non-oil economy to grow by 2.5% in 2019
Boubyan Bank’s revenue may grow 20% by 2020
Saudi Arabia’s crude oil exports marks 13M-low in May
ADX gains AED 15.4bn in week
DFM levels up 77 pts in week
TASI adds 65.5 pts in week
Boursa Kuwait’s indices see mixed performance in week
Bahrain Bourse’s general index stabilises in week
Alexandria Container’s board proposes EGP 400m dividends
Egypt’s trade with COMESA registers $2.3bn in 2018
Saudi Arabia’s inflation to decline by 1.1% in 2019 – IMF
KAMCO wins contract to manage Boursa Kuwait Securities’ offering
KIPCO announces completion of capital hike issue
CI affirms rating of Gulf Bank’s KWD 100m Tier 2 subordinated bond
Emaar Properties to launch 1st 3D-printed home in Dubai
Investcorp buys majority stake in Swiss tech firm
Emirates NBD confirms news on Sberbank CEO’s statement
Farm Superstores renews SAR 130m loan with Alinma Bank
Kuwait Real Estate posts KWD 5m profits in H1-19
Faisal Islamic Bank’s business volume hits EGP 98.9bn end June
Yansab’s profit down 61.5% in Q2
Saudi Steel Pipe wins over SAR 31.3m contract
ADX gains AED 12.7m on Thursday
DFM adds 47 pts on Thursday
Boursa Kuwait’s indices close Thursday mixed
Al Imtiaz Investment catapults in Q2
Kuwait's trade surplus with Japan plunges 30% in June
KGL Logistics to ink KWD 50m deal with Amiri Diwan
Nasdaq Dubai celebrates $1bn suluk listing by DP World
Bank Albilad pens deal to join Monshaat's e-finance portal
M&A Brief of the Week
Alexandria Container’s profit drops 24% in FY18/19
SCA-registered firms in Abu Dhabi worth AED 263bn in 2018
CBE issues EGP 19bn T-bills on Thursday
Egypt’s finance ministry overviews FY18/19 economy
RAK Poultry’s stock to see trading halt on Monday
Faisal Islamic Bank H1 standalone financials show EGP 1.37bn profit
EBE mulls injecting EGP 1.7bn loans in 4 sectors
FAB’s stock hits highest level in 3M on Thursday
EFG Hermes likely to list major firm on LSE before end 2019
Zahrat Al Waha achieves SAR 10m profit in Q2 initial financials
Aslak’s Q2 profit falls 18%; H1 dividends approved
Boursa Kuwait opens Thursday down on financial services
EFG Hermes to offer two companies before year-end
Foreign holdings of Egypt’s public debt instruments hit $19.2bn mid-June
Bahrain C. bank issues BHD 300m bonds
Egyptian economy grows 5.6% in FY18/19 – PM
Esterad Investment posts $2.5m profit in 6M
FAB makes significant progress in H1 profits – CEO
Egypt records EGP 104bn primary surplus in FY18/19
TASI closes near stability on Wednesday
Sipchem completes scheduled periodic maintenance in IVC plant
NBE raises mortgage funding to EGP 7bn end June
Arriyadh Development’s board proposes SAR 71.1m dividends
Arriyadh Development reports profit decline in Q2
FAB records AED 6bn net profit in H1-19
EGX ends Wednesday in red on local, Arab sales
NBK Egypt names new vice chairman
Saudi Arabia’s holdings of US treasuries up 10% in May
Kuwait decreases holdings of US Treasuries in May
Kuwait approves Warba Bank’s $500m sukuk issue
Jiyad seals $14m financing deal for unit
Egypt Free Shops’ board proposes EGP 99.9m dividends for FY18/19
Saudi Arabia launches $830m projects for pilgrims
KFH records KWD 108m profits in H1-19
Egypt Kuwait Holding starts gas output from North Sinai field
UAE’s CBD logs AED 701m profits in H1
SIEC’s stock marks 7M-high on Wednesday
Selective buying pushes up ADX on Wednesday
DFM posts 3-session losing streak Wednesday
Boursa Kuwait's indices rise at Wednesday’s finish
GFH to manage French Accor Group’s 1st Raffles retreat in Bahrain
EU pumps EUR 72m to support energy projects in Egypt
B Investments’ unit pens $30m smart water meters deal in KSA