MENA equity capital market: Issuances total $4.6bln in 2020, down 86% from 2019
The largest ECM issuance in MENA was the $1.2bln follow on from Zain KSA in October 2020, according to Refinitiv data
ZAWYA - 12-Jan-2021The largest ECM issuance in MENA was the $1.2bln follow on from Zain KSA in October 2020, according to Refinitiv data
ZAWYA - 12-Jan-2021Asia shares hit record, Nikkei restrained by risk of Tokyo virus curbs
Reuters News - 04-Jan-2021The asset sale by the state-controlled company comes as Oman, a Gulf crude producer, seeks to raise cash after the coronavirus crisis and low oil prices hurt its finances
Reuters News - 14-Dec-2020Scott Gegenheimer is to leave the Kuwait-based company within 11 days, but no official reason was given for his departure
ZAWYA - 04-Nov-2020Asian shares rebound on strong China data, oil on slippery slope
Reuters News - 02-Nov-2020As part of the move, 135mln shares of the company will be cancelled
ZAWYA - 11-Oct-2020Kuwaiti index retreated 1%, as most of its stocks traded in negative territory
Reuters News - 19-Jul-2020The new tender will be ready within three months, Hawat said in a tweet.
Reuters News - 05-May-2020Saudi Arabia's benchmark index declined 1.2%, dragged down by losses at banking shares
Reuters News - 24-Feb-2020Jump in new coronavirus cases stymies stock rally
Reuters News - 13-Feb-202027 of 30 Egyptian stocks drop
Reuters News - 12-Feb-2020Dubai's main share index was down 0.3% with blue-chip developer Emaar Properties falling 1%
Reuters News - 12-Feb-2020DAMAC Properties touches all time low
Reuters News - 11-Feb-2020Saudi Arabia's benchmark index retreated 0.6%, pulled lower by a 2.6% decline in Al Rajhi Bank
Reuters News - 11-Feb-2020Blackout hurting Sudan's economy, humanitarian efforts
Reuters News - 23-Jun-2019The aggregate stock market index of the six Gulf Cooperation Council countries + Egypt dropped 2.76% during the 31-day period
ZAWYA - 13-Jun-2019Arabian Gulf is the main focus of IHS and the company has already struck regional agreements to buy towers from telecoms operators Zain Kuwait and Zain KSA
Arab News - 25-May-2019The Mauritius-headquartered IHS said in March it had struck a deal with Zain KSA to buy its 8,100 towers in Saudi Arabia
Arab News - 24-May-2019Vodafone is set to become a strategic partner in Oman’s third mobile communication operator for which the licence is likely to be issued soon
Muscat Daily - 16-May-2019Emaar Misr falls on lower Q1 results
Reuters News - 08-May-2019Wall Street stocks retreated overnight, with the S&P 500 losing 1.65 percent and the Dow shedding 1.8 percent
ZAWYA - 08-May-2019Kuwait jumps ahead of MSCI decision
Reuters News - 07-May-2019The agreement stipulates for the sale of the infrastructure of 8,100 towers, with a lease back period of 15 years
Arab Times - 28-Mar-2019Dubai's index saw traction in high-yielding dividend companies, while Abu Dhabi's index was boosted by FAB and Aldar Properties, analyst says
ZAWYA - 04-Mar-2019Festival celebrates the kingdom’s commitment to creating a digital economy and fuelling a digital future for the wider Mena region
TradeArabia - 20-Feb-2019The number of transactions in Kuwait grew by 163% between 2014 and 2018
Arab Times - 16-Feb-2019The number of transactions in Kuwait grew by 163% between 2014 and 2018
Arab Times - 16-Feb-2019Here are some factors that may affect Middle East stock markets on Thursday
Reuters News - 14-Feb-2019The incoming flexible work program will complement Zain Group’s recruitment, retention and development efforts
TradeArabia - 22-Jan-2019Extending maternity leave period to 4 months, with flexible hours thereafter
Kuwait Times - 20-Jan-2019Activists trying to share news on protests
Reuters News - 02-Jan-2019A drop in oil prices and weak investor sentiment weighed on equities worldwide and in the GCC
ZAWYA - 20-Dec-2018Asian shares dropped on Monday on escalating trade tensions between the U.S. and China. Kuwait's stock market dropped ahead of FTSE emerging market inclusion. Oil prices gained on tightening supply. More commentary on currencies and precious metals
ZAWYA - 24-Sep-2018Global markets surged on Friday driven by expectations that China will add more money into its economy to weather a trade war with the United States. Kuwait's index made gains on Thursday as investors looked ahead to the stock market joining the FTSE Russell emerging market index next week. More commentary on oil prices, currencies and precious metals.
ZAWYA - 23-Sep-2018Kuwait's Zain logged KWD 40.9 million in Q1-18
Mubasher - 13-May-2018Omantel will own around 21.9 percent of Zain
Reuters News - 12-Nov-2017Most stock markets in the Gulf look set to consolidate on Monday but Qatar could rebound after appearing to find at least a short-term floor on Sunday.
Reuters News - 09-Oct-2017The share purchase, subject to regulatory approval, was announced days before Oman is to shortlist qualified applicants for a third mobile license which Zain has bid for.
Reuters News - 10-Aug-2017Zain made KWD38 million ($124.95 million) in the three months to March 31.
Reuters News - 02-May-2017Kuwait's Zain Group and Saudi Telecom have both applied to become the third mobile operator in Oman.
Reuters News - 02-May-2017Most stock markets in the Gulf moved little in early trade on Monday because of flat global equity markets and crude oil prices
Reuters News - 06-Feb-2017Zain , Kuwait's No.1 telecom operator by subscribers, reported a 14 percent rise in second-quarter profit.
Reuters News - 31-Jul-2016Bahrain's latest master plan aims for countrywide high-speed internet
Oxford Business Group - 23-Jun-2016Mobile telecoms network operator Zain Saudi reported a further fall in its first-quarter net loss on Thursday and said it was still on course to turn profitable.
Reuters News - 21-Apr-2016KUWAIT CITY: Kuwait stocks bounded 0.3% or 15.96 points higher to 5,316.47 points, starting the week off in the green but down 5.32% on a year to date basis. The weighted index shifted 1.15 points higher to 366.22 points.
Arab Times - 19-Apr-2016Iraq's telecommunications regulator has revived a complaint against local unit of Kuwait's Zain which could involve the imposition of a USD100 million fine on company, Zain said.
Reuters News - 04-Apr-2016Telecommunications operator Zain said there were no fresh developments in its plans to sell mobile transmitter towers in Saudi Arabia and its domestic market Kuwait.
Reuters News - 20-Mar-2016Kuwait's Zain has written to Iraq's prime minister saying Baghdad had breached a bilateral investment treaty.
Reuters News - 02-Mar-2016Kuwait stocks plunged 51.76 or 0.92% lower to 5571.93 points at the start of the week as low risk attitudes prevailed. The bourse marked a 31.83% drop in volume from last week's close. The weighted index ebbed 0.94 points lower to 380.46 points. The KSE benchmark slipped 0.14 points lower to 902.02 points. The number of trades stood at 2,008 with a low volume of 54.13 million shares exchanged for
Arab Times - 22-Dec-2015Kuwait's Zain ZAIN.KW has appointed Iman Abdulmohsin Alrowdan as chief executive of its local unit.
Reuters News - 02-Nov-2015Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
Stocks | Last Price | % Change |
---|---|---|
NAT MOBILE TELE | 656.000 2039 | 0.92 |
HAYAT COMMS | 62.500 2039 | 0.00 |
Oil surges after OPEC+ holds cuts
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