Latest news

Date Title
Sipchem logs nearly SAR 470.5m profits in Q1-23 interim results
Infosys teams up with Aramco to enhance employee experience through AI
Multiply Group to acquire majority stake in Media 247 for AED 184m
Emaar Development to pay over AED 2bn as dividends for 2022
UAE stock markets close Monday higher
Salama announces major appointments
AD Ports’ digital arm acquires TTEK for purchase consideration exceeding $26.5m
Union Insurance unveils accumulated losses as of end-2022
Public benefit entities in UAE now qualified for corporate tax exemption
UAE, Saudi Arabia among top lowest risk nations in MEA – GlobalData
Two banks team up to launch credit guarantee scheme for UAE-based SMEs
Mubadala’s M42 acquires Diaverum from British Bridgepoint
stc expands in Europe through EUR 1.22bn acquisition deal by TAWAL
Blockchain platform Bybit chooses Dubai as global HQ, to expand in MENA
Ajman Bank to pay 3.5% of capital as bonus for 2022
AIIB to launch 1st overseas office in Middle East
EGX closes with varied note before Eid El-Fitr holiday
Taaleem Management achieves EGP 192m consolidated profits in H1-22/23
NBQ’s profits exceed AED 139m in Q1-23 interim results
Abu Qir Fertilizers registers 86% higher profits in 9M-22/23
DFM, ADX show negative performance before Eid Al Fitr holiday
UAB sees higher profits in Q1-23; accumulated losses unveiled
Sharjah Islamic Bank’s profits jump to AED 233m in Q1-23
DIB records AED 1.47bn profits to shareholders in Q1-23 initial financials
Suez Canal Technology logs EGP 608.5m consolidated profits in H1-22/23
Amanat Holdings unveils 2022 cash dividends, share buyback programme
CBE issues T-bills, floating-rate note worth EGP 41bn on Wednesday
EGX’s main index declines on Tuesday
SARCO names Al Qazlan as new CEO
ADX appoints Al Nuaimi as new CEO
DFM, ADX close Tuesday in red zone
ADCB’s profits to owners hike 27% in Q1-23 unaudited financials
Brazilian exports to Arab countries surge 14% in Q1-23
Jarir achieves SAR 248m in Q1-23 interim results
CBE auctions debt instruments worth EGP 39.75bn on Tuesday
Agthia’s shareholders greenlight cash dividends, board size increase
Tadawul flags in green before Eid Al Fitr holiday
MIS awarded SAR 96.5m project deal with PIF
UAE stock markets close Monday with collective gains
MBME Group makes trading debut as 1st fintech firm to list on ADX
Fitch maintains Emirates Development Bank’s 'AA-' rating; outlook stable
Empower unveils AED 102m project in Dubai
Egypt releases goods worth $15bn in Q1-23 – Ghaturi
Najran Cement to disburse SAR 0.25/shr dividend for H2-22
Saudi Ceramic generates 71% lower profits in Q1-23 initial results
Aramco says equity transfer won’t affect total issued shares, operations
ADIB becomes 1st Islamic bank to go live on KYC Blockchain Platform
Tadawul closes Sunday in green zone
Almunajem Foods records nearly SAR 82m net profit in Q1-23
Saudi Crown Prince announces transfer of 4% stake in Aramco to PIF’s Sanabil
Beyon Connect, B2Brouter to launch e-invoicing platform for SMEs in GCC, MENA
CMA approves capital increase for 2 listed mining companies
Saudi Arabia’s DCO launches platform to foster digital diplomacy
EGX indices close Thursday mixed
TASI, NomuC end Thursday’s session in green zone
Sinad Holding announces Al Molhem as new CEO
DMF, ADX end Thursday’s trading session mixed
ACWA Power inks SAR 2.54bn water purchase deal
Egypt announces Eid El-Fitr holiday for private sector
Egypt-UAE trade exchange up 6.5% in 11 months
eXtra announces lower profits in Q1-23, dividends for H2-22
CBE offers EGP 43bn debt instruments on Thursday
MedGulf posts higher losses at SAR 324m in 2022
EGX indices close Wednesday with collective decline
MENA’s economic growth eases amid double-digit food inflation – World Bank
Tadawul ends Wednesday’s session with positive note
Egyptian fintechs dominate Forbes Middle East’s 2023 list; Fawry leads
ADX, Mashreq team up to secure instant trading access
Plastic Bank appoints Abdelaleem as Regional Head
UAE stock markets close Wednesday’s trading session in green
Fertiglobe’s shareholders greenlight H2-22 dividends
e& unveils AED 6.95bn cash dividends for 2022
Suez Canal's revenues jump 35% in Q1-23
Retal establishes SAR 65m Rimal Park Fund
RAK White Cement announces new Chairman, Vice Chairman
Almarai to pay SAR 1bn cash dividends for 2022
CBE announces EGP 40bn debt instruments on Wednesday
EGX indices close Tuesday’s trading session higher
Tadawul closes Tuesday with mixed performance
DFM, ADX close Tuesday in green zone
Dr. Sulaiman Al Habib announces SAR 1.21bn dividends for 2022
Jarir launches new showroom in Kuwait at SAR 25m investment
QNB Al Ahli posts EGP 4.71bn consolidated profits in Q1-23
Saudi Networkers Services obtains SAR 40m loan from Alawwal Bank
DEWA to pay cash dividends worth AED 4.77bn
SAIB's shareholders nod to H2-22 dividends
Egypt's monthly inflation rate hits 2.5% in March – CBE
EGX closes Monday with positive performance
TASI, NomuC end Monday’s trading session down
UAE stock markets close Monday with collective gains
Arabian Cement to disburse SAR 110m dividends for H2-22
FRA nods to EFG Hermes’ capital hike via bonus shares
e& acquires shareholding in Careem Super App for $400m
Social Development Bank unveils SAR 2.9bn financing in Q1-23
SISCO announces cash dividends for H2-22
CBE auctions EGP 1bn floating-rate note on Monday
Saudi Tadawul Group’s Wamid launches Liqaa
EGX indices close Sunday with collective decline
Tadawul ends Sunday’s session in green zone
GCC economies likely to grow at 3.9% in 2023 – Mubasher Capital