Latest news

Date Title
M7 opens 1st Middle East office in Dubai
Saudi Arabia plans to export over 150,000 electric cars by 2026 – Minister
Dubai registers over 7m visitors in 2021 with $1.7bn revenues – Report
UAE-based VUZ raises $20m in Series B funding; Co-led by e&’s venture
Savills appoints property, facilities management leaders in Saudi Arabia
East Pipes Integrated’s shareholders approve 50% capital hike
Aramco partners with UAE-based NPCC, US firm for offshore fabrication yards
Chemanol’s profits surpass SAR 222m in 9M-22 initial results
Dubai launches 1st real estate investment programme in MENA
EGX’s indices close Thursday’s session in green
Tadawul closes Thursday higher
Black Sand Plant launch maximises Egypt’s exploitation of natural resources - Madbouly
Apex to dig 15 oil wells in Egypt during 2023 - Plank
MIS awards SAR 54m project contracts to HATCO, BK GCC
UAE stock markets close Thursday’s session higher
CBE issues EGP 25.5bn T-bills on Thursday
Egypt’s B2B e-commerce startup MaxAB closes $40m pre-Series B round
Deyaar’s profits exceed AED 103m in 9M-22
SABB witnesses 25.5% higher profits in 9M-22 initial financials
valU takes over stake in social payment startup Kiwe
Egypt Economic Conference 2022 to kick off next Sunday
Telecom Egypt replies to news on Qatar’s $2.5bn investment in Vodafone progresses
Safwa Consulting reduces stake in Arab Dairy to 0.37%
Telecom Egypt approves 2023 budget
Misr For Central Clearing, Depository’s profits up 66% in H1-22
IHC to launch AED 10.2bn tender for Colombia’s Grupo Nutresa
Egypt eyes EGP 356bn for social protection programmes in FY22/23
IHC’s unit Emirates Stallions posts 197% higher profits in 9M-22
e-finance leads $3 million funding round for fintech firm Nexta
UAE’s Aramex acquires e-commerce firm MyUS for $265m
Saudi Enaya’s shareholders nod to over 33% capital cut
TASI, NomuC end Wednesday’s session in red
Egypt-based Kenzz raises $3.5m in funding round
EGX’s indices close Wednesday on varied note
MNHD partners with DMC to develop Lake Park Project with EGP 350m investments
Saudi Zid secures $50 million in Series B funding; Co-led by Aramco's VC arm
Rowad Tourism sees EGP 21.63m block trading deal
Egypt disburses EGP 4.5bn to 633 exporting companies via immediate cash payment
UAE stock markets fall on Wednesday
ADQ fully acquires Etihad Aviation Group
KSA to launch fisheries incubator; aims to increase fisheries exports at SAR 12bn
Saudi Cable’s board recommends capital reduction, cut
Egypt’s Trella secures $6m debt financing from ALMA
Saudi real estate price index rises 1.5% in Q3
ADQ, e&’s E-Vision complete majority acquisition of Starzplay Arabia
Union Properties restructures AED 595m debt
Saudi Paper’s shareholders approve 75.5% capital hike via rights issue
CMA approves Riyadh Cables' IPO, Nomu listing of Saudi Al Ramz, Nofoth
Holding Company for Construction greenlights EGP 400m capital hike
Yalla Super App launches financial services in UAE, Saudi Arabia, Pakistan
Standard Chartered arranges $566.4m in financing for Saudi-Egypt electricity interconnection project
Perfect Presentation unveils price range for IPO on Tadawul
Tadawul ends Tuesday’s trading session on varied note
EGX’s indices rise collectively on Tuesday
Orascom Investment Holding approves loan by North Korea-based unit
MIS wins SAR 58m project from NEOM
Juhayna, KarmSolar to build solar power plant with EGP 130m investments
Shareholder ups stake in Real Estate Egyptian
SISCO announces resignation of CEO; Suleimani appointed
DFM, ADX end Tuesday’s session on collective rise
Saudi Arabi’s HRcom closes seed round
Egypt’s Zilla Capital unveils expansion plans with UAE’s Ibrahim & Partners
Yamama Cement’s profits surge 28.5% in 9M-22 interim results
SABB Takaful’s CEO Al Khayal resigns
Sipchem posts higher profits at SAR 3.11bn in 9M-22
Chemanol pens SAR 500m deal with Saudi GDI
Watani Iron Steel renews SAR 25m facility deal with Alinma Bank
Al Seer Marine eyes AED 36.7bn deals in decade; new JV unveiled
ADDED unveils plans to increase non-oil exports to AED 178.8bn by 2031
Batelco partners with e& to enhance connectivity reach
Aruba unveils diverse partnerships, investments in UAE
ADQ mulls combining shareholdings in AMMROC, Etihad Engineering, GAL into ADA
Aramco to sponsor all ICC events until end-2023
Andrew Elliott to lead Chestertons' newly-launched commercial agency in Dubai
TASI, NomuC end Monday’s session higher amid all-sector rise
EGX’s indices post collective gains on Monday
Tecom Group’s board proposes AED 200m interim dividends
Egypt’s gov’t denies intention to privatise basic education system
Saudi Top for Trading plans to list 22% of shares on Nomu
Al Babtain Food to commence trading on Nomu this week
Forbes Middle East’s 1st Under 30 Summit to kick off next month in El Gouna
DFM closes Monday higher; ADX falls
Saudi Ceramic’s profits down 29% in 9M-22 interim results
Pachin replies to news reporting Saybad's withdrawal from acquisition competition
CBE auctions two-type T-bonds worth EGP 14bn on Monday
Aldrees’ profits rise to SAR 170m in 9M-22 initial financials
Maridive receives offer from Ancla Marine Ship to buy unit
Safwa Consulting cuts stake in Arab Dairy
Bank loans rise by EGP 31.6bn in July - CBE
Egypt’s local cash reach EGP 6.7trn in July
Orascom Construction adds $670m of new awards in Q3-22
Egyptian banks’ deposits hit EGP 7.49trn in July
Hub71, GetFundedAfrica to increase fundraising support for startups
e& partners with Ericsson to improve sustainable networks in UAE
G42’s unit Bayanat plans to list over 22% on ADX through IPO
CMA nods to Miyar Saudi Equity Fund’s public offering
NCLE pens lease agreements worth SAR 14m/year with National Nova
Al Sagr Cooperative’s shareholders approve 65% capital decrease
Saudi PIF acquires stake in Zain KSA’s unit, changes trade name
SACO’s CEO resigns; Bdeir succeeds