Latest news

Date Title
Sidpec’s EGM approves EGP 252m capital increase
Egypt Free Shops achieves higher profits in Q1-FY22/23
Egyptian Resorts’ losses widen in 9M-22
Tatweer Misr receives EGP 400m loan from CIB
2Africa Lands in Egypt’s Ras Ghareb
France’s Capgemini announces Seif Eldin as CEO in Egypt
UAE’s Qashio raises $10m in seed round to expand in Saudi Arabia
DIB prices $750m from inaugural sustainable Sukuk
Aramco pens 59 agreements worth $11bn under iktva programme
GIH raises stake in Inovest to nearly 24%
Marriott International signs agreement with RDK Tourism Investment
DMCC digitises gold trading through tokenisation of Comtech Gold bullion
Saudi Al Ramz unveils price range for IPO on Nomu
Beltone turns to consolidated losses in 9M-22; capital raise proposed
Egypt Post achieves EGP 3.8bn budget surplus in FY21/22
MNHD awarded fastest growing real estate company in Egypt 2022 by IBM
Arabian Cement swings to consolidated profits in 9M-22
Elsewedy Electric to establish new firm in KSA
Alkhorayef Water awarded nearly SAR 35.5m contract from NWC
EGX’s indices close Wednesday with mixed performance
Integrated Engineering Group's board nods to capital raise
Provis strengthens market share with acquisition of Saga Owners’ Association
Cairo 3A teams up with Intro to establish 3MW solar power plant
Egypt's Grinta raises $8m seed round
SirajPower, Nakheel to install solar solution across 9 retail, residential locations
DFM launches new general index
Saudi edtech Jeel secures over $1m in seed round from Egypt’s EdVentures
Saudi Wafrah pens EUR 9m deal with Italy’s Pavan
Qassim Cement’s board proposes 6% of capital as dividends for Q3-22
Naba Alsaha inks contracts worth SAR 4.5m
Marafiq to begin trading on Tadawul end-week
Al Tadamun Foundation pumps EGP 1.4bn funding in 9M-22
Alinma Tokio Marine pens SAR 28m insurance deal with Alinma Bank
UAE’s Fincasa Capital pledges up to AED 280m for property sector in 2023
Shareholder cuts stake in Ceramica Remas
Salama Cooperative receives SAMA’s nod to capital hike
Bahri’s business units team up with to Luberef through MoUs
Sumou Real Estate unveils SAR 377m project with National Housing
Shams obtains shareholders’ approval for 1000% capital raise
NRPD’s EGM approves capital cut, increase
Arabia Insurance’s EGM nods to 100% capital hike via rights issue
Al Baha Investment’s unit inks SAR 27m lease contract
Saudi Top for Trading announces IPO price for Nomu listing
ADNOC Drilling to purchase offshore jack-up rigs for $320m
Target raises stake in Lecico Egypt for EGP 8.47/shr
UAE-based AD Ports acquires Spain’s Noatum for AED 2.5bn
DFM closes Wednesday down; ADX up
Sumou Real Estate raises facility limit from Riyad Bank to SAR 286m
Saudi Al Ramz, Nofoth Food to trade on Nomu
NCLE awarded SAR 44m project from Tatweer
Malath Cooperative appoints new Chairman, Vice Chairman, CEO
Saudi Dar Alarkan partners with Trump Organization for $4bn project in Oman
Americana Restaurants doubles UAE’s IPO shares for ADX listing
CBE offers two-type T-bonds worth EGP 12.75bn on Monday
TASI closes Sunday down; NomuC up
Alkhorayef Water unveils SAR 289m projects with NWC
Al Yamamah Steel’s CEO resigns; Al Thobiti succeeds
Orascom Financial Holding incurs EGP 162m consolidated losses in 9M-22
GB Auto cuts stake in Dutch firm for $60m
Banque du Caire sets up Cairo Exchange with EGP 250m authorised capital
Egypt's agricultural exports hit $124m in 8M-22
CBE offers EGP 27.5bn T-bills on Sunday
Edita records leap in 9M-22 consolidated profits; sales grow to EGP 5bn
Egypt-AU bilateral trade jumps 38% in 2021 – CAPMAS
Saudi Aramco unveils $7bn petrochemical project in South Korea
Domty’s consolidated net profits surpass EGP 162.5m in 9M-22
Yahsat mulls AED 909m deals with UAE’s government
EGX ends Thursday’s session in green
TASI, NomuC close Thursday on mixed note
Remittances from Egyptians abroad top $20bn in 8 months
Pioneers Properties’ consolidated profits exceed EGP 458m since inception
Gadwa generates EGP 348m in consolidated profits since inception
Emaar Misr’s profits hike to EGP 4.89bn in 9M-22
GSK Egypt posts higher standalone profits at EGP 930m in 9M-22
Suez Canal Bank posts 95% higher profits in 9M-22
DFM, ADX close Thursday with negative performance
Elsewedy Electric’s profits climb 33% in 9M-22
Al Baha Investment’s unit purchases SAR 24m land in Riyadh
Banque Saudi Fransi secures $700m from dollar-dominated note offering
HD Bank’s standalone profits rise to EGP 1.75bn in 9M-22
Alkhorayef Water wins SAR 56m project from NWC
IDH’s profits retreat 65% in 9M-22
Alhokair Group’s accumulated losses hit 0% of capital
Molan unveils price range for Nomu offering
Arabian Cement swings to standalone profits in 9M-22; dividends proposed
Bank of Sharjah’s losses to equityholders fall to nearly AED 281.5m in 9M-22
CI Capital’s profits more than halve in 9M-22
EFIC registers 261% leap in 9M-22 consolidated profits
CBE auctions EGP 25.5bn T-bills on Thursday
Juhayna reports EGP 474m profits in 9M-22
Alinma Investment cuts stake in El-Ebour Real Estate
Egypt inks renewable energy agreements of $83bn
Banque du Caire's EGX listing measures extended to 2023
Acrow Misr sees lower consolidated profits in 9M-22
Orascom Investment Holding swings to over EGP 624.5m standalone profits in 9M-22
B Investments’ consolidated profits hike to EGP 999m in 9M-22
Fawry’s consolidated profit hit EGP 193m in 9M-22
Raya Holding’s consolidated profits fall to EGP 284m in 9M-22
Banque Saudi Fransi commences dollar-dominated note offering
EFG Hermes posts higher consolidated profits at EGP 1.31bn in 9M-22