Latest news

Date Title
Sharjah Islamic Bank’s profits exceed AED 568.5m in 9M-22
Saudi Arabia’s PIF offers to acquire stake in SAR 21bn STC unit
TASI closes Monday up; NomuC down
Egypt’s stock market closes Monday's session mixed
Saudi Kayan turns to SAR 453m losses in 9M-22 initial financials
CIB, NBE close EGP 20bn securitisation bond issuance for NUCA
CBE offers two-type T-bonds worth EGP 12.75bn on Monday
DFM, ADX end Monday’s session with negative performance
Agreement for Egyptian-Italian Water Training Programme signed with EUR 2m grant
Suez Canal Technology reports 10% lower consolidated profits in FY21/22
Two shareholders cut stakes in Rowad Tourism
Alexandria Container logs 99% higher earnings in Q1-FY22/23
Dice sees EGP 36.69m block trading deal
Abu Qir Fertilizers’ profits soar 114% in Q1-FY22/23
Raya Holding buys 300K shares in Haier-Raya Electric for EGP 47.74m
Remco’s unit receives offer to sell hotel for EGP 700m
Egypt to develop new currency indicator based on gold, basket of currencies – CBE Acting Governor
CMA greenlights Shams’ 1,000% capital hike
Nayifat sees lower profits at SAR 135m in 9M-22
Bahri’s profits near SAR 463m in 9M-22 initial financials
Egypt’s stock market closes Sunday on mixed note
Aramco launches Taleed initiative to boost SME growth in Saudi Arabia
Tadawul ends Sunday’s trading session in green
NBQ’s profits jump to AED 260m in 9M-22 results
Tadweer secures SAR 25m loan from Riyad Bank
President El-Sisi attends opening session of Egypt Economic Conference 2022
CBE offers EGP 27.5bn T-bills on Sunday
Nadec turns profitable at SAR 70m in 9M-22
Dr. Sulaiman Al Habib’s profits reach SAR 1.2bn in 9M-22; dividends proposed
Mobily’s profits exceed SAR 1bn in 9M-22 initial results
Elsewedy Electric denies news on arranging EGP 5bn combined loan by Banque Misr
Al Rajhi Bank’s profits rise 19% in 9M-22 interim results
Ibnsina Pharma pens import, distribution deal with OMRON Healthcare
Riyad Bank's profits near SAR 5bn in 9M-22
Banque Misr issues El Thabat USD certificate with 5.30% fixed rate
SNB posts higher profits at SAR 13.81bn in 9M-22
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