Latest news

Date Title
Anmat Technology inks SAR 111.5m contracts with Elm, Saudi government
Asas Makeen to float shares on Nomu next week
DHL Group fuels regional expansion plans via EUR 500m investments
Saudi Steel Pipe announces 3 key appointments
CBE unveils EGP 90bn T-bills on Thursday
Dubai-based regtech Qanooni closes $2m funding round to drive regional expansion
UAE-based Nas hikes stake in Egyfert for nearly EGP 187m
Cleopatra Hospitals Group obtains regulatory nod for capital reduction
Knowledge Net’s board recommends 50% capital raise
Cenomi Centers unveils EGP 100m sale deal
TMG Holding eyes EGP 120bn sales from Sharm Bay project
ADNOC L&S, Borouge join forces to boost UAE’s petrochemicals production
Prices of investment funds including certificates in EGP, USD
Emirates Stallions’ unit partners with SAAS to develop AED 1.6bn project
ADNOC Gas awards $5bn contracts for RGD’s 1st phase
Nettlestone Capital Advisors expands regional footprint via DIFC office
Agility Global secures $500m credit facility deal from regional bank
Abu Dhabi’s property market records AED 6.3bn sales in 4 months
Spinalex shifts to net losses in 9M-24/25
Sharjah Islamic Bank lists $500m Sukuk on Nasdaq Dubai
Prices of investment funds including certificates in EGP, USD
Wipro launches new regional office in Riyadh
Saudi Arabia’s real GDP up 3.4% in Q1-25 – GaStat
Aldar to launch region’s 1st King’s College School Wimbledon in Abu Dhabi
GCC-focused Meedaf launches JV to transform financial landscape in UAE
Emirates NBD, Siemens to finance UAE’s green infrastructure projects
Gulf of America’s oil production to maintain stability in 2026 – EIA
ADFD pumps AED 216.5bn financing in 2024 to support sustainable development worldwide
Jazeera Airways launches 1st direct flight to Budapest
Multiply Group supports global expansion plans via MMG
DP World, Mawani inaugurate SAR 3bn terminal to boost global trade connectivity
Transamerica Life Bermuda launches in DIFC to boost global expansion
Forbes Middle East, Beltone Holding to launch Top Advisors & Investors Summit
Burjeel Holdings to operate ADNOC’s Das Hospital
Nasdaq Dubai welcomes Mashreq’s $500m debut Sukuk listing
SMC determines final IPO’s price at SAR 25/shr
Budget Saudi’s board mulls 34% capital increase
MCDR’s profits hit EGP 1.6bn in 2024; revenues jump 34%
UAE’s May PMI drops to lowest level in 4 years
Sumou Real Estate pens SAR 562.5m deal for Sedco Capital’s project
Egypt’s central bank announces $48.5bn net foreign reserves, higher remittances
Tassnief assigns ‘A-‘ national scale entity ratings to Cenomi Centers
NMDC strengthens regional presence in MENA’s energy sector via stake acquisition deal
ADSB, EDGE Group unveil AED 7bn award to boost Kuwait Naval Forces
CBE offers EGP 75bn debt instruments on Wednesday
Prices of investment funds including certificates in EGP, USD
Saudi Arabia’s PMI up to 55.8 in May; business confidence strengthens
Egypt’s PMI highlight signs of stability in May amid volatile exchange rates
Anmat Technology to float shares on Nomu following Eid holiday
Alinma Bank appoints new Chairman, Vice Chairman
Stride Ventures eyes business in Saudi Arabia to fuel regional expansion plans
Kima registers over EGP 811.5m profits in 9M-24/25
Aldar unveils Abu Dhabi's 1st coastal wellness destination with AED40bn development value
AMEA Power commissions Africa’s largest wind power plant in Egypt
CBE unveils EGP 80bn T-bills on Tuesday
Aramco concludes $5bn bond issuance
Prices of investment funds including certificates in EGP, USD
FABMISR arranges EGP 4.2bn loan for Redcon Properties
Al Seer Marine boosts LPG logistics via new JV co-financed by ADCB
Beltone Leasing inaugurates branch in Sokhna Industrial Zone
Ajman Port to witness infrastructure upgrade via AED 1bn agreement
Giza Systems announces new CEO appointment, regional expansion plans
Flynas launches 2 weekly direct flights to Damascus
CBE unveils EGP 22bn debt instruments on Monday
First Avenue secures SAR 320m financing from Alinma Bank
EFIC’s consolidated profits rise 6% in Q1-25
Golden Pyramids Plaza’s standalone profits exceed $43.5m in 2024
Prices of investment funds including certificates in EGP, USD
Al Yamamah Steel rolls out deal exceeding SAR 167.5m in value
B Investments Holding’s consolidated profits fall to EGP 70m in Q1-25
OFH shifts to EGP 2m standalone losses in Q1-25
Madinet Masr sets up subsidiary in Dubai
ADES Holding expands West African footprint via SAR 129m contract award
Miahona to pay SAR 161m cash dividends for 2024
Prices of investment funds including certificates in EGP, USD
Arabian Cement records higher profits in Q1-25; consolidated sales hit EGP 2.5bn
Amer Group logs EGP 15m consolidated profits in Q1-25
Retal appoints Chairman, Vice Chairman for new board term
Sudatel Telecom shifts to $26m losses in Q1-25
UAE-based Bloomspoon backs regional expansion via funding from Shark Tank
CBE offers EGP 50bn T-bills via 2 issues
ADNOC Drilling eyes 70% stake in SLB's rigs business in Kuwait, Oman
Naif Alrajhi Investment, Aljazira Capital launch SAR 1.7bn real estate fund
CI Capital’s profits cross EGP 345m in Q1-25
Gridora, ADPIC team up to bolster AED 35bn transport infrastructure projects
Al Kuzama Trading to begin Nomu listing next week
Morabaha Marina Financing sees 29.5% lower profits in Q1-25
CBE auctions EGP 90bn T-bills on Thursday
Banque du Caire posts 45% higher profits in Q1-25; assets hit EGP 500.8bn
Axelerated Solutions to commence trading on Nomu next week
UAE-based fintech Qashio backs regional expansion plans via $19.8m funding
Al Kathiri Holding seals SAR 143m lease deal with Aseer Region Municipality
ACWA Power, Malaysia enter into strategic partnerships with investments up to $10bn
Binghatti acquires mega plot for AED 25bn residential community
Stitch raises $10m seed to transform financial landscape in MENA
Gas Arabian pens agreement exceeding SAR 830.5m in value
Misr Beni Suef Cement’s consolidate profits fall to EGP 574m in Q1-25
Egypt Aluminum targets EGP 13.7bn profits in FY25/26
Orascom Construction’s consolidated profits exceed $27m in Q1-25
Fawry MSME Finance closes 1st securitized bond issuance at EGP 497.5m