Latest news

Date Title
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
Saudi Arabia launches initiative to stimulate investment in local industrial sector
Riyadh Chamber of Commerce contributed to building over 40 fintech startups – Official
Alinma Investment reduces stake in El-Ebour for Real Estate
Egypt’s stock market closes Monday’s session mixed
Tadawul closes Monday in red amid all-sector decline
World Fintech Show kicks off in Saudi Arabia
Schneider Electric to distribute products online via DATCO’s digital platform
Chefaa partners with MoEngage to enhance retention metrics
DFM closes Monday’s session up; ADX down
SIIG to disburse 7.5% of capital as dividends for H2-22
Alsaif Gallery unveils final price for IPO on Tadawul
ADVA, One Finance team up to offer consumer financing services
Future Minerals Forum enters new partnerships for 2nd edition
Shareholder ups stake in Lecico Egypt
Egypt’s output levels fall at sharpest rate in 2.5 years in November
CBE issues two-type T-bonds at EGP 12.75bn on Monday
FRA approves capital increase for Integrated Engineering Group
Marseilia’s shareholders approve stock split
Orascom Investment Holding swings to consolidated profits in 9M-22
Egypt hopes to obtain $750m of IMF loan this December – Minister
solutions pens SAR 373m deals with stc
Dubai Chamber launches new entities for sustainability
Ain Sokhna Port collects EGP 3.7bn taxes, customs in November
Moro Hub partners with SAIMOS to boost video analytics platform
EGX posts collective gains at Sunday’s session
Saudi NWC starts implementing water projects worth over SAR 4.3bn
Tadawul closes Sunday with varied performance
CMA greenlights Amiantit’s SAR 346.5m capital raise
Zoomcar launches Zoomcar Green Programme with $2m investments
Aramco's Luberef unveils price range for IPO on Tadawul
Leen Alkhair announces price range for Nomu offering
CMA nods to Rassanah Morabaha Fund’s public offering
Dividend Gate Capital to develop, enhance healthcare outlook in GCC
Egyptian Modern Education’s OGM approves EGP 100m loan
NBE, EGOTH sign EGP 393m financing deal to renovate Sofitel Winter Palace
Raya Contact Center hikes limit of loan granted to Bahrain-based unit
CBE auctions EGP 27.5bn T-bills on Sunday
Ismailia’s agricultural exports top $223m in 11M-22
Egypt-Jordan trade exchange grows 2.7% in 8M-22
Saudi Arabia seen to become leader in sustainable production of metals
Jahez fully acquires The Chefz for SAR 650m, to raise capital
Egyptian gov’t allocates EGP 49.5bn for petroleum sector under FY22/23 plan
Shams terminates SAR 735m MoU with Saudi Shuaa
EGX ends Thursday’s session on collective rise
NCLE completes acquisition of Al Salam
VC firm 500 Global opens office in Egypt, partners with ITIDA
TASI, NomuC end Thursday’s session with negative performance
Haj Arafa to build dates factory in Siwa
Saudi Re inks reinsurance contracts worth nearly SAR 194.5m
Egypt’s state grains buyer offers 10K tonnes of Russian wheat via EMX
UAE’s Agthia acquires majority stake in Egypt’s Auf Group
Egypt approves $271m financing agreement with ADF
Egyptian gov't approves setting up Yazaki free zone, investment zone
Sipchem to pay 15% of capital as dividends for H2-22
Ezz Steel’s profits soar 52% in 9M-22
Al Ezz Dekheila Steel’s profits surpass EGP 5bn in 9M-22
CBE offers EGP 26bn T-bills on Thursday
OIC member states log $63bn trade deficit for halal economy products in 2021
UAE’s AMEA Power to deploy renewable energy projects in Egypt with $1.1bn investments