Latest News

Date Title
Egypt’s ICT sector attracts EGP 50bn investments in 3 yrs
Egypt Aluminum considers funding from int'l institutions
Egy Capital exits stake in Odin Investments
ADFD suspends debt repayment for developing countries amid COVID-19
Southern Province Cement names new CEO
Sisi inaugurates El-Asmarat Phase III
Allianz SF rights issue records 538.78% coverage
Dubai launches new AED 1.5bn stimulus package
Advanced Petrochemical’s profits down 19% in H1-20
CBE offers EGP 19bn T-bills on Sunday
Advanced Petrochemical signs SAR 1.5bn loan deal with three banks
UAE bank loans increase by AED 97bn in May 2020
stc renews MoU to acquire majority stake in Vodafone Egypt
UAE banks record 12% higher investments in May
Amlak International to begin trading on Tadawul tomorrow
Abo Moati inaugurates new iLahui store in Jeddah
Maple Invest considers acquiring DAMAC Properties
Moody's assigns provisional Baa2 to Sharjah's GMTN Programme
Egypt’s gold reserves jump $775m in H1-20
EGX ends Thursday in red on foreign selloffs
Saudi Arabia licenses 188 new factories in June
Mars Wrigley invests $200m in Egypt
Tadawul closes Thursday in green
Boursa Kuwait closes Thursday on mixed note
Saudi Arabia records 3,183 COVID-19 cases on Thursday
Makkah Chamber achieves SAR 82m revenues in 2019
Egypt to build world’s largest spinning plant at EGP 780m
Al Rajhi Capital sets TP of Almarai at SAR 51/shr
Emirates airline reopens flights to six more cities
ADX ends Thursday down as blue chips fall
Dubai PMI improves in June – IHS Markit
Egypt pens $90m grant deals with USAID
Abu Dhabi’s construction cost stabilises in Q1
DFM extends losses at Thursday's close
Saudisation of five sectors, specialised occupations completed
Maridive’s losses swell 434% in Q1 standalone financial indicators
M&A Brief of the Week
Abu Dhabi’ inflation down 2.8% in May
Abu Dhabi producer prices down 0.5% in Q1
AIH’s unit inks EGP 50m loan agreement to finance SMEs
EGA ramps up production at Al Taweelah alumina refinery
Odin Investments sees EGP 64m block-trading deal
Five Saudi insurers project higher sales following gov't recent decision
DP World re-registers as private company
Alexandria Customs issues clearance for EGP 3.9bn cars, spare parts in June
Saudi industrial production down 15.5% in May
Egypt keeps fuel prices on hold for 3M
Egypt’s annual headline inflation slows down to 6% in June – CAPMAS
Zahrat Al Waha completes production lines maintenance
G20 explores sustainable financing to emerging markets
ANB to seal SAR 663K insurance deal with Walaa Cooperative
Dubai Metro Red Line extension project launched at AED 11bn cost
EGX ends Wednesday on varied note
Egypt tops Arab destinations for FDI in 2019 – Report
Tadawul marginally down at Wednesday's close
KSA records 3,036 new coronavirus cases on Wednesday
Americana Group raises purchase price for Americana Egypt
Saudi Arabia dates exports up 48% in Q1-20
ADX back to losses at Wednesday's close
stc Bahrain rolls out first large-scale indoor 5G deployment
Egypt pays EGP 331m to workers hit by coronavirus
DFM down on Wednesday; market cap loses AED 1.34bn
Boursa Kuwait closes Wednesday in red
Mohandes Insurance sees EGP 26.4m block-trading deal
Foreign investment helps stabilise Tadawul - CMA chariman
MNHD’s pre-sales surge to EGP 3.8bn in H1-20
Egypt’s manufacturing index falls 11.4% in April – CAPMAS
IsDB unveils $2.3bn package to gauge COVID-19 effects
Emirates requires passengers from 10 countries to present negative coronavirus certificate
Invest Bank suffers AED 99m losses in Q1-20
Egypt buys 230,000 tonnes of Russian wheat
Egypt inks deals to build $2.8bn hydrocracking complex in Assiut
Arabian Centres gains SAR 37m from Amlak's IPO
UAE's mission to Mars sets record-low cost
Saudi Ground seals SAR 500m Murabaha deal with SABB
Financial advisor sets Americana Egypt's FV at EGP 5/shr
Kuwaiti reserves up 14.4% in May
EGX ends Tuesday mixed; market cap gains EGP 1bn
Tadawul ends Tuesday on higher note
Coronavirus cases in KSA cross 217K on Tuesday
Egypt's renewable energy to reach 6.6 GW by year-end
Boursa Kuwait up for third day in row
NEOM, ACWA Power, Air Products ink $5bn agreement
Egypt eyes EGP 5.2bn tourism investments in FY20/21
ADX ends Tuesday in green for 3rd session in row
DFM extends gains at Tuesday’s close
Fintech Galaxy launches FinX22 platform
DMCC extends business support package, partners with Emirates NBD
Saudi gold production hits highest level in 2019
Kuwaiti oil price exceeds $44 pb
Egypt’s net foreign reserves rise $2.2bn in June
Egypt implements water, wastewater projects at EGP 58.5bn
Etihad Airways to expand services to 58 cities worldwide
Lift Slab Misr set to complete acquisition of El-Wafaa for Tourism Investment
Amer Group names CEO of Porto Club for Sports Investment
Agthia names new CEO
Network International expects H1 revenue at about $134m
Saudi unemployment rate declines to 11.8% in Q1-20
TAQA announces financial closing for UAE's largest gas power plant
Egypt launches int’l wheat tender