Latest news

Date Title
SODIC posts lower consolidated profits in Q1-23 initial financials
Alinma Bank logs SAR 970m net profits in Q1-23
EGX indices close Tuesday in red zone
Tadawul closes Tuesday’s session down
DFM closes higher on Tuesday; ADX declines
Saudi eXtra halts expansion plans in Egypt
Bank Albilad announces shareholders’ approval for 2022 dividends
Yamama Cement records SAR 112.5m profits in Q1-23 initial results
Egytrans unveils cash dividends for 2022
ADNOC Gas pens LNG supply agreement with TotalEnergies
Aldrees to pay SAR 2/shr dividend for 2022
Riyad Bank’s net profits cross SAR 2bn in Q1-23
Multiply Group unveils Q1-23 financial results, dividends
SNB generates 11.5% higher profits in Q1-23 interim results
Yansab shifts to nearly SAR 370m losses in Q1-23
TASI, NomuC flag in red on Monday
Egypt’s stock market closes Monday with collective decline
UAE stock markets close Monday in red zone
Alinma Bank obtains shareholders’ nod for H2-22 dividends
Arriyadh Development to pay SAR 44.5m dividends for H2-22
AD Ports expands fleet with AED 955m investment
SABIC Agri-Nutrients logs SAR 981m profits in Q1-23
Luberef’s shareholders greenlight H2-22 dividends
AMOC posts EGP 1.41bn consolidated profits in 9M-22/23
SAIB’s profits hit SAR 409m in Q1-23 interim results
ADQ injects $4.3bn investments in Egypt since 2014
CBE offers T-bonds in EGP, T-bills in USD on Monday
DFM posts 30% higher profits to owners in Q1-23
EGX indices close Sunday’s trading session in red
NMDC logs AED 303m profits to shareholders in Q1-23
Tadawul closes Sunday’s trading session higher
Japan’s investments in Egypt leap 99% in one year
Apex Investment shifts to losses in Q1-23 unaudited results
Maharah obtains regulatory nod for capital hike
Mashreq Bank announces AED 1.61bn profits in Q1-23
Delta Sugar’s profits skyrocket 321% in Q1-23
Meyar to start Nomu trading this week
Egypt announces next Thursday paid holiday for public, private sectors
Borouge’s profits to shareholders hit $198m in Q1-23 initial financials
ANB’s net profits exceed SAR 1bn in Q1-23 initial results
CBE issues EGP 40bn T-bills on Sunday
Seera's unit pens SAR 471m deal with Aramco
Pioneers Properties sees EGP 51m block trading deal
EGX indices close Thursday with positive performance
FAB unveils AED 3.92bn net profits in Q1-23
Tadawul closes Thursday in red zone
Saudi Steel Pipe generates 56% lower profits in Q1-23
DFM, ADX close Thursday’s session with collective rise
Emirates Islamic Bank records AED 601m profits in Q1-23
NBF registers 152% higher net in Q1-23 unaudited results
Sidpec announces 2022 cash dividends
Bank Albilad generates SAR 560m net profits in Q1-23
Minapharm Pharmaceuticals’ shareholders nod to 2022 dividends
Emirates NBD’s profits more than double in Q1-23 results
RAKBANK unveils higher profits in Q1-23, capital raise proposal
Al Rajhi Bank sees higher profits in Q1-23 interim financials
CBE auctions T-bills worth EGP 39.5bn on Thursday
Egypt’s stock market ends Wednesday’s session mixed
ADIB’s net profits exceed AED 1bn in Q1-23
TASI closes Wednesday up; NomuC down
DFM, ADX close Wednesday’s trading session mixed
Egypt-Africa trade exchange hits $2.11bn in Q1-23
Amanat completes equity acquisition of Sukoon; expansion plans unveiled
Mopco to pay EGP 15/shr dividend for 2022
TAQA announces investment in UK-Morocco Xlinks project
Saudi Lime to commence trading on Nomu end-week
EIC announces SAR 79m deal with Kuwaiti government
ACWA Power unveils $123m financing for Kom Ombo project in Egypt
Retal pens over SAR 418m contract with National Housing
Tadawul closes Tuesday with collective gains
SAPTCO awarded SAR 93m project agreement
Alkhaleej Training shifts to profits in 2022 results
UAE stock markets close Tuesday with varied performance
GEM Digital hikes investment in UAE’s Everdome to $60m
Alkhorayef Water wins SAR 1.62bn project contract
ACWA Power rolls out commercial project in Abu Dhabi
Mobily announces major change in board membership
Sipchem logs nearly SAR 470.5m profits in Q1-23 interim results
Infosys teams up with Aramco to enhance employee experience through AI
Multiply Group to acquire majority stake in Media 247 for AED 184m
Emaar Development to pay over AED 2bn as dividends for 2022
UAE stock markets close Monday higher
Salama announces major appointments
AD Ports’ digital arm acquires TTEK for purchase consideration exceeding $26.5m
Union Insurance unveils accumulated losses as of end-2022
Public benefit entities in UAE now qualified for corporate tax exemption
UAE, Saudi Arabia among top lowest risk nations in MEA – GlobalData
Two banks team up to launch credit guarantee scheme for UAE-based SMEs
Mubadala’s M42 acquires Diaverum from British Bridgepoint
stc expands in Europe through EUR 1.22bn acquisition deal by TAWAL
Blockchain platform Bybit chooses Dubai as global HQ, to expand in MENA
Ajman Bank to pay 3.5% of capital as bonus for 2022
AIIB to launch 1st overseas office in Middle East
EGX closes with varied note before Eid El-Fitr holiday
Taaleem Management achieves EGP 192m consolidated profits in H1-22/23
NBQ’s profits exceed AED 139m in Q1-23 interim results
Abu Qir Fertilizers registers 86% higher profits in 9M-22/23
DFM, ADX show negative performance before Eid Al Fitr holiday
UAB sees higher profits in Q1-23; accumulated losses unveiled
Sharjah Islamic Bank’s profits jump to AED 233m in Q1-23