Latest news

Date Title
Egypt, Arab countries trade exchange soars by over 18% in 9M-22
Germany’s IFE pledges EUR 2.7m for first-of-kind facility in Egypt, ME
Egypt’s stock market ends Thursday’s session in red
Tadawul closes Thursday with varied performance
Retal signs SAR 357m deals with Saudi PIF’s Roshn
MIS awarded contract worth SAR 37.5m
Riyadh Cables Group to commence trading on Tadawul next week
UAE stock markets close Thursday's session higher
SAMA, CBUAE raise interest rates by 50 basis points
CBE auctions EGP 26bn T-bills on Thursday
Egypt-US trade exchange rises to $7.3bn in 9M-22
Egypt’s Dentacarts eyes $10m funding round for Saudi expansion
Dubai Chambers to foster partnership with global markets via new initiative
Jade Textile eyes $70m new investments in Egypt’s spinning industry
EGX ends Wednesday’s session in green
TASI, NomuC close Wednesday’s session higher; majority of sectors rise
Egypt’s SIDEUP raises $1.2m seed round; HQ relocated to Riyadh
Saudi DirectFN to link 7 African stock markets
DFM, ADX close Wednesday in green zone
Moody’s affirms Al Ain Ahlia’s IFSR rating at ‘A3’; outlook stable
ACWA Power’s unit buys ACWA39 bonds for over $400m
Mashroak funded projects with EGP 25.6bn loans – Amna
MIS inks tech contract with Petro Rabigh
Retal unveils development agreement with Wajha Alpha
TAQA, ADNOC, Mubadala complete stakes acquisition of Masdar
Tadawul closes Tuesday on mixed note; majority of sectors rise
Egypt, Arab countries trade exchange soars by over 18% in 9M-22
Egypt-China trade exchange hits $12.7bn in 9M-22
solutions pens SAR 138m deal with stc
UAE stock markets close Tuesday’s session in red zone
GASCO appoints new Chairman, Vice Chairman
MIS inks tech contract with Petro Rabigh
Gulf General names Allagany as new CEO
Al Naqool secures SAR 5.5m loan from Al Amthal Financing
CMA greenlights VCP Murabaha Fund’s public offering
CBE offers two-type T-bonds worth EGP 14bn on Monday
e& enterprise, Bespin Global to create new JV
Yanbu Cement to pay over SAR 118m dividends for H2-22
GASCO to disburse 10% of capital in H2-22 dividends
Saudi Arabia’s real GDP, IPI rise in October – GaStat
Shareholder sells EGP 54m worth of shares in Pioneers Properties
TAQA Arabia, Voltalia partner with Egyptian gov't to develope green hydrogen production facility
CBE issues EGP 28.5bn T-bills on Sunday
Egypt's annual inflation rate up in November – CAPMAS
e& raises stake in Vodafone to 11%
Agthia teams up with AD Ports to improve supply chain
Al Akaria’s unit Binyah awarded SAR 374m project
Scientific & Medical Equipment House announces over SAR 8.5m project
Arabian Centres, Alhokair announce full rebrand to Cenomi
Almarai unveils SAR 1.2bn investment in poultry industry
Americana Restaurants to begin trading on Tadawul, ADX next week
EGX’s indices close Thursday with collective gains
Tadawul ends Thursday’s trading session in green
DFM, ADX close Thursday with negative performance
UAE’s Cavendish Maxwell to acquire controlling equity in Property Monitor
Union Properties to launch AED 1.6bn development project in Dubai
Economic growth in GCC seen more than double in 2022; reform momentum advised to be kept
Second edition of LEAP to kick off in Saudi Arabia next year
CBE offers EGP 26.5bn T-bills on Thursday
Egypt agrees to launch Egyptian-Qatari Business Forum early next year - Sources
Tadawul closes Wednesday on mixed note; majority of sectors fall
PIF launches investment arm AIC in Saudi Arabia
Egyptian gov’t pens 7 MoUs for green hydrogen projects
EGX ends Wednesday's session on collective rise
Keir International names new Chairman, Vice Chairman
UAE stock markets close Wednesday’s session in red zone
Egypt targets $1bn monthly gas exports in 2023
UAE’s PMI declines in November; lowest since January 2022
Egypt to issue $500m sustainability bonds next year in a first
RiseUp Summit in Egypt postponed to 2023
Abu Dhabi’s F&B private sector is seeing major growth - Al Mazrui
Cleopatra Hospitals Group’s board approves capital cut via treasury share cancellation
Sinai Cement sees over EGP 139m block trading deal
Shareholder ups stake in Speed Medical for EGP 3.5m
Shareholder buys over 265K shares in Arab for Development
Urbnlanes plans to raise investments in Egypt to EGP 24bn
Egypt’s int’l reserves grow in November
Morni invests $10m in Egypt to acquire mobility startups
Fintactics launches new ventures, enters partnerships during Saudi Arabia’s World Fintech Show
IMF to discuss Egypt’s $3bn loan deal next week
Seedstars to develop VC managers in emerging markets
Saudi TDF inks financing deal for development project in Asir
Egypt’s stock market closes Tuesday’s session in green
TASI closes Tuesday up; NomuC ends session lower
OneOrder raises $3m seed round; total investment tops $10m
Al Ahly Capital plans to exit 3 EGX-listed firms
ESIIC receives int'l offers to build ethanol factory with EGP 1.5bn investments
UAE stock markets close Tuesday with collective decline
Saudi Arabia’s PMI jumps to 58.5 in November
ESIIC to build 3 factories with EGP 480m investments
AD Ports unveils merger transaction with AED 7bn equity value
Saudi Arabia cuts January oil prices to Asia to 10-month low
CMA greenlights Nomu listing of 3 companies
EG Bank’s board approves FY23 estimated budget
Shareholder exits from Speed Medical for over EGP 28m
Egypt, Poland trade exchange hits EUR 700K last year
The Land Developers targets EGP 500m investment in Red Sea project
Banque Misr, CIB provide EGP 6.35bn financing to Benya
Port Said collects EGP 3.2bn customs, taxes in November
Mobile apps see over $2.7 daily transactions – World Bank’s Abu Sulaiman