• Dubai's GGICO to restructure finances after losses hit over 90% of capital 
    Wednesday, August 25, 2021 from Zawya.com - Markets News
    Board of directors agree to proceed with plan to appoint financial, legal advisors 
  • Saudi non-oil exports up by 40.5% year-on-year in June to $6.2bln
    Tuesday, August 24, 2021 from Zawya.com - Markets News
    Overall merchandise exports jumped by 91.8% in June
  • ADNOC L&S acquires six line boats for services in Abu Dhabi petroleum ports
    Tuesday, August 24, 2021 from Zawya.com - Markets News
    The logistics company acquired the vessels from Sharjah-based Albwardy Damen
  • Nigeria lacks record on actual petroleum products consumed daily - PEF
    Tuesday, August 24, 2021 from Zawya.com - Markets News
    We don’t have an agency that tells you with accuracy that this is the product consumed but PEF is working towards that: official
  • 45% of Bahrain’s wealth ‘with super-rich’
    Tuesday, August 24, 2021 from Zawya.com - Markets News
    UHNWIs are expected to own 44% of overall financial wealth in the kingdom by 2025
  • 'Challenging' real estate market conditions put pressure on Emirates NBD REIT's net asset value 
    Tuesday, August 24, 2021 from Zawya.com - Markets News
    Investment trust posts decline in NAV, says further recovery is subdued 
  • Dubai's Emirates NBD will see profitability returning to pre-pandemic levels by 2022
    Tuesday, August 24, 2021 from Zawya.com - Markets News
    Ratings agency affirms lender's long-term deposit ratings, changes outlook to stable
  • Key conditions to build $700bln H2 economy: Report
    Monday, August 23, 2021 from Zawya.com - Markets News
    Foreign policy and bilateral agreements are also reinforcing the green H2 economy’s importance
  • Outlook: Dubai stocks to continue rising on 'strong national fundamentals' 
    Monday, August 23, 2021 from Zawya.com - Markets News
    Market to perform better even if oil prices were to retreat again 
  • Tadawul halts trading on Al Sagr Cooperative Insurance, MESC
    Monday, August 23, 2021 from Zawya.com - Markets News
    Trading will be resumed for 20 trading sessions starting from Tuesday
  • Dice's standalone loss narrows 87% in H1-21
    Monday, August 23, 2021 from Zawya.com - Markets News
    The sales surged
  • UAE's ADNOC signs deals worth nearly $1bln for FEED services
    Monday, August 23, 2021 from Zawya.com - Markets News
    50% project value to be captured under in-country value programme
  • Majid Al Futtaim H1 2021 financial results: Path to recovery fuelled by diversified portfolio and resilient business model
    Monday, August 23, 2021 from Zawya.com - Markets News
    Reported a 2% increase in EBITDA and a 10% decrease in revenue
  • Saudi German Hospital's profit drops 43% in H1-21
    Sunday, August 22, 2021 from Zawya.com - Markets News
    The revenues grew
  • Budget Saudi's H1 profit hikes 64%; dividends proposed
    Sunday, August 22, 2021 from Zawya.com - Markets News
    The profit growth was ascribed to improved short-term and long-term rental revenue
  • National Gypsum records 13% lower profits in H1-21
    Sunday, August 22, 2021 from Zawya.com - Markets News
    The company's revenues decreased by 11.296%
  • Alexandria Container's profit edges up in July
    Sunday, August 22, 2021 from Zawya.com - Markets News
    The revenues declined
  • Kingdom Holding turns to profitability in H1-21
    Sunday, August 22, 2021 from Zawya.com - Markets News
    Turning to profitability is driven by a higher share of results from equity-accounted investees
  • Tanmiah H1 revenue surges 27.6% to $195.7mln
    Sunday, August 22, 2021 from Zawya.com - Markets News
    This increase in revenue is a result mainly of continued growth in fresh poultry and further processing segments of the business
  • Saudi Arabia’s ‘solutions by stc’ goes public; offers 20% share capital
    Sunday, August 22, 2021 from Zawya.com - Markets News
    The company will offer 24,000,000 shares
  • PROJECTS: UK-based Wood awarded five-year contract in Iraq
    Sunday, August 22, 2021 from Zawya.com - Markets News
    Contract scope includes improving production efficiency and reducing costs
  • Adnoc Distribution included in FTSE Emerging Markets Index
    Sunday, August 22, 2021 from Zawya.com - Markets News
    Inclusion expected to attract more foreign investors into ADNOC Distribution shares, contribute to the diversification of company's investor base and strengthens awareness of ADNOC Distribution's attractive value proposition
  • UAE's ADNOC Distribution will be included in FTSE Emerging Markets Index
    Sunday, August 22, 2021 from Zawya.com - Markets News
    The company was included on MSCI EM Index in May
  • 3 radio stations and TV channel suspend broadcasting amid Lebanon fuel crisis
    Sunday, August 22, 2021 from Zawya.com - Markets News
    Transport costs eating up 20-25% of a worker’s monthly salary, says research firm
  • PROJECTS: How are ship fuel sales reported in Fujairah?
    Thursday, August 19, 2021 from Zawya.com - Markets News
    Fuel oil is the most popular stored fuel at the Fujairah port, making up 52 percent of total stocks
  • Saudi wealth fund PIF buys stake in Italian supercar maker Pagani
    Thursday, August 19, 2021 from Zawya.com - Markets News
    The companies didn't disclose either the size or the value of the stake
  • GASCO records 222% higher profits in H1-21
    Thursday, August 19, 2021 from Zawya.com - Markets News
    GASCO’s revenues decreased by 2.9%
  • Amer Group's profit leaps 538% in H1-21
    Thursday, August 19, 2021 from Zawya.com - Markets News
    The revenues soared
  • Zoujaj turns to profits in H1-21
    Thursday, August 19, 2021 from Zawya.com - Markets News
    Revenues declined by 3.6%
  • Satorp’s H1-21 losses deepen 4%
    Thursday, August 19, 2021 from Zawya.com - Markets News
    Sales meanwhile surged by nearly 59%
  • Saudi retailer Fawaz Abdulaziz Alhokair swings to $12.8mln net profit
    Thursday, August 19, 2021 from Zawya.com - Markets News
    Revenues jump 201% to $253mln as restrictions ease across kingdom
  • DP World H1 profit jumps 52%; says near-term outlook remains positive
    Thursday, August 19, 2021 from Zawya.com - Markets News
    Port operator says capital recycling program is well on track
  • GLOBAL MARKETS-World shares gain for eighth day in a row; Wall Street set for stronger open
    Wednesday, February 10, 2021 from Zawya.com - Markets News
    MSCI world equity index, which tracks shares in 49 countries, was up 0.3%
  • GLOBAL MARKETS-World shares hit fresh all-time highs; earnings and Fed in focus
    Wednesday, February 10, 2021 from Zawya.com - Markets News
    * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn * Graphic: World FX rates http://tmsnrt.rs/2egbfVh * Reuters Live Markets blog: LIVE/ LONDON, Feb 10 (Reuters) - World shares rose to new all-time highs overnight and European...
  • Asian stocks hit record high, as earnings, stimulus boost recovery hopes
    Wednesday, February 10, 2021 from Zawya.com - Markets News
    MSCI ex-Japan Asia within sight of January high; China shares to end at 13-year high before Lunar New Year
  • Asian stocks make cautious gains after patchy Wall St rally
    Wednesday, February 10, 2021 from Zawya.com - Markets News
    Bitcoin rally stalls; Wall Street ends mixed
  • GLOBAL MARKETS-Nasdaq extends record run; oil prices rise
    Wednesday, February 10, 2021 from Zawya.com - Markets News
    * S&P 500, Dow break streak of gains * Bitcoin hits another record * Oil prices extend recent gains (Updates prices throughout with closing U.S. markets levels) By Caroline Valetkevitch NEW YORK, Feb 9 (Reuters) - MSCI's gauge of...
  • GLOBAL MARKETS-Stocks near flat after run to records; bitcoin climbs again
    Tuesday, February 9, 2021 from Zawya.com - Markets News
    * S&P 500 flat after string of higher closes * Bitcoin hits another record * Spot gold rises (Updates prices throughout, adds European stocks close) By Caroline Valetkevitch NEW YORK, Feb 9 (Reuters) - Global equity indexes were near...
  • GLOBAL MARKETS-Stocks mostly ease off record highs; bitcoin rise again
    Tuesday, February 9, 2021 from Zawya.com - Markets News
    * S&P 500 lower after string of higher closes * Bitcoin hits another record * Spot gold rises (Updates with early U.S. markets activity, changes byline, dateline, previous LONDON) By Caroline Valetkevitch NEW YORK, Feb 9 (Reuters) -...
  • UPDATE 1-Saudi PIF invests in NBK Capital Partners' shariah credit fund
    Tuesday, February 9, 2021 from Zawya.com - Equities News
    (Adds details, background) By Yousef Saba DUBAI, Feb 9 (Reuters) - Saudi Arabia's sovereign wealth fund has become an anchor investor in a new $300 million shariah credit fund launched by NBK Capital Partners (NBKCP) that will...
  • Saudi PIF invests in NBK Capital Partners' shariah credit fund
    Tuesday, February 9, 2021 from Zawya.com - Equities News
    PIF, which has largely invested in equities and infrastructure, is making a rare foray into a credit fund
  • Stocks, oil rise in Asia after U.S. records
    Tuesday, February 9, 2021 from Zawya.com - Markets News
    Wall Street makes new records
  • US STOCKS-Wall Street at record highs on stimulus, vaccine optimism
    Monday, February 8, 2021 from Zawya.com - Markets News
    (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Tesla invests $1.5 bln in bitcoin; crypto stocks jump * Disney, Cisco climb ahead of results this week * Indexes up: Dow...
  • Shares reach record high, oil tops $60 a barrel
    Monday, February 8, 2021 from Zawya.com - Markets News
    U.S. dollar retreats from recent highs
  • REFILE-GLOBAL MARKETS-Asian shares, oil buoyant on economic revival hopes
    Monday, February 8, 2021 from Zawya.com - Markets News
    (Corrects spelling of surname of U.S. Treasury Secretary in 12th paragraph) * Asian stock markets : https://tmsnrt.rs/2zpUAr4 * MSCI ex-Japan rises, edging closer to recent all-time high * European futures, U.S. E-mini futures gain *...
  • GLOBAL MARKETS-Asian shares, oil buoyant on economic revival hopes
    Monday, February 8, 2021 from Zawya.com - Markets News
    (Adds European futures in paragraph 2; updates levels throughout) * Asian stock markets : https://tmsnrt.rs/2zpUAr4 * MSCI ex-Japan rises, edging closer to recent all-time high * European futures, U.S. E-mini futures gain * Hopes of $1.9...
  • Asian shares, oil buoyant on economic revival hopes
    Monday, February 8, 2021 from Zawya.com - Markets News
    MSCI's broadest index of Asia-Pacific shares outside Japan was last up 0.3% at 717.2
  • GLOBAL MARKETS-Asian shares near all-time peak, oil heads to $60 on economic revival hopes
    Monday, February 8, 2021 from Zawya.com - Markets News
    * Asian stock markets : https://tmsnrt.rs/2zpUAr4 * MSCI ex-Japan rises, edging closer to recent all-time high * Hopes of $1.9 trln U.S. stimulus, vaccines boosting sentiment * Strong company earnings season also aiding equities...
  • World shares scale new peak on stimulus hopes; oil gains
    Saturday, February 6, 2021 from Zawya.com - Markets News
    Earnings, U.S. stimulus hopes offset weak U.S. jobs report
  • S&P 500, Nasdaq post best weekly gain since early November
    Saturday, February 6, 2021 from Zawya.com - Markets News
    The S&P 500 rose for a fifth straight session in its longest streak of gains since August
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