Latest news

Date Title
BioSapien extends pre-Series A funding round to $8m
eXtra posts 10.5% higher revenues in H1-25; profits near SAR 228m
Rekaz closes $5m seed to expand AI-driven tools in GCC region
icogz raises $1.4m pre-seed funding to expand business in MENA, Asia
Egypt’s net international reserves hit $48.7bn in June
TMG Holding records EGP 211bn in new sales during H1-25
Qalaa Holdings’ revenues leap 53% in 2024
Ladun’s subsidiary pens SAR 90.5m deal for Abha Walk project
Dubai Land Department, Crypto.com partner to boost digital real estate, Blockchain integration
ADIB allocates AED 17.3bn for sustainable finance in 2024
Contact Creditech, Kashier team up to expand BNPL services in Egypt
Nayifat Finance rolls out 5-year strategy to drive sustainable growth
AD Ports, Ningbo Zhoushan Port to establish auto logistics ecosystem
Modon Holding generates AED 5.5bn sales from Wadeem project within 72 hours
Juhayna partners with Saudi Al Rashed Distribution to expand business
EFG Hermes advises on $190m investment in Alameda to fuel regional expansion
MESC Cable names new Chairman, Vice Chairman
CBE auctions EGP 75bn in debt instruments
Egypt-BRICS trade exchange hits $50.8bn in 2024
Nadec’s unit launches SAR 2bn livestock project to boost local meat production
Knowledge Economic City inks over SAR 399m development, leasing deal
SISCO Holding’s CEO Suleimani resigns
UAE non-oil sector grows steadily during June; PMI records 54.5
Beltone Holding launches MENA-focused unit Robin to boost AI growth
Egypt's PMI drops in June due to deterioration in non-oil business
Prices of investment funds including certificates in EGP, USD
Taaleem Holdings generates higher profits in 9M-24/25; revenues up 18.5%
Almarai sees 5% higher profits in H1-25; sales exceed SAR 11bn
CBE auctions EGP 106bn T-bills, T-bonds on Sunday
Saudi Arabia’s PMI up to 57.2 in June; non-oil sector hits 3-month high
Al Jouf Cement, Riyadh Development announce key appointments
Nasdaq-listed DeFi Technologies launches UAE office to expand into MENA
Flawless closes $1.5m pre-seed funding to expand business
ADGM-based Ruya Partners secures $55m for fiber production plant in Saudi Arabia
Burjeel Holdings take over PhysioTrio Physiotherapy Center in Riyadh
BII signs $300m deals to accelerate Egypt’s green projects
Ninja closes $250m funding, plans IPO on Tadawul by 2027
Oriental Weavers launches world’s 1st phygital carpet retail store in Egypt
Etihad Airways expands global network with 3 new destinations
PetroApp closes $50m fund round to accelerate global expansion; IPO plans unveiled
Cityscape Global 2025 to launch in Riyadh in November
Saudi PIF tops GCC funds on Global SWF assessment
KAPSARC launches 1st brand refresh since 2016
Arabian Drilling unveils 4-rig contract extensions with Aramco for SAR 1.3bn
Crédit Agricole Egypt Foundation drives sustainable development via new brand identity
Riyad Bank’s Riyad Capital moves forward with IPO plan
Prices of investment funds including certificates in EGP, USD
WSM secures SAR 5m facility from Emirates NBD
Modon Holding launches Wadeem residential project on Hudayriyat Island
Jamjoom Pharma appoints new Chairman, Vice Chairman
CMA greenlights Nomu listing, IPOs of 3 companies
Aldar acquires ALMARKAZ logistics assets from Waha Capital for AED 530m
Ericsson launches new regional HQ in Riyadh
Umm Al Qura signs tripartite deal for SAR 1.4bn real estate fund
NWC to implement 23 projects in Madinah at SAR 814m
SAB intends to issue SAR-denominated Tier 1 Sukuk
Prices of investment funds including certificates in EGP, USD
Dubai-based Autoworld invests AED 45m in Jafza facility to drive regional growth
ADNOC Drilling wins $800m contract award for oilfield services
Zain KSA, Horizon Food name new CEOs
Saudi Arabia’s net FDI inflows hike 44% in Q1-25 – GaStat
Egypt’s GDP growth rate accelerates to 3-year high
Multiply Group sells PAL Cooling Holding to Tabreed, CVC DIF for AED 3.8bn
Al Ansari Exchange launches digital issuance for prepaid cards
CBE offers EGP 75bn debt instruments on Monday
Prices of investment funds including certificates in EGP
solutions pens over SAR 157.5m deal with stc for IT infrastructure project
Umm Al Qura sells land plot in Masar project for SAR 256m
Nayifat Finance unveils SAR 0.33/shr dividends for Q4-24, Q1-25
SAIC unveils 2 key appointments
Valu closes 16th securitized bond issuance at EGP 859m
Air Arabia, Saudia announce new routes in Russia
CBE unveils EGP 80bn T-bills, floating-rate note on Sunday
Italy’s Pronur enters Saudi Arabia to boost energy sector
Madinet Masr’s investment platform SAFE attracts EGP 300m since launch
Sakan Developments launches EGP 4.8bn Park-U project in El Shorouk City
UAE, China launch Qingdao Overseas Integrated Service Centre
Saudi Exchange unveils amendments for securities to enhance market efficiency
CMA greenlights Cherry Trading’s IPO on Tadawul
Contact joins forces with noon to bolster digital payment services
Deloitte Middle East, AWS unveil $1bn expansion plans to boost digital transformation
EFG Hermes leads Specialized Medical Company’s debut on Tadawul
ADQ mulls 35% stake in France’s Limagrain Vegetable Seeds
AI-powered idea-L secures $1m oversubscribed pre-seed to expands business in Middle East
Tesla inaugurates 1st center in Saudi Arabia amid increasing demand for EVs
SISCO Holding’s RSGT to operate 4 multi-purpose terminals in Red Sea
Sipchem unveils SAR 362.5m cash dividends for H1-25
MNT-Halan’s Tasaheel concludes Egypt’s 1st SME-focused issuance at EGP 4.7bn
Dubai Investments expands AED 2.2bn Mirdif Hills with Asayel Avenue launch
Fakeeh Care secures SAR 938m loan from Alinma Bank for expansion plans
Etihad Credit Insurance raises AED 174m for SME growth; listed banks partake
Mashreq Bank inaugurates office in Turkey to expand global presence
Related secures $8m investment from Saudi Equivator to fuel MENA expansion
Altery scales financial services in MENA via DFSA license
City Cement appoints new Chairman, Vice Chairman
CMA approves Nomu listing of 2 Saudi firms
Aldar upgraded to ‘A’ rating in MSCI ESG Rating assessment
Lumi opens 1st B2B bus rental branch in Tabuk
Saudi Cement to distribute 10% of capital as dividends for H1-25
TADCO submits 53% capital reduction request to CMA