Latest news

Date Title
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
One Finance launches services in Egypt with EGP 100m capital
Tadawul closes Sunday with negative performance
EGX’s indices close Sunday on collective rise
CBE offers EGP 28.5bn T-bills on Sunday
Africa would need up to $1.6trn in climate finance until 2030 – Minister
Faisal Islamic Bank sees 36.3% higher standalone profits by September-end
IMF, Egyptian authorities to reach staff-level agreement very soon
Kafr El Zayat Pesticides’ board approves stock split
Nile Pharma announces FY21/22 dividends
Memphis Pharmaceutical’s shareholders approve company’s continuity
Holding Company for Pharmaceuticals, ADIB pen EGP 3.4bn financing deals
Saudi Arabia’s annual inflation rise 3.1% in September; wholesale prices up 4.6%
e& enterprise of listed e& completes acquisition of Smartworld
ADNOC Drilling awarded $980 contract to hire two jack-up rigs
Oman Technology Fund invests $50m in MENA - Al Balushi
Saudi telecom firm GO mulls 278% capital hike
EGX’s indices close Thursday on collective rise
Tadawul’s indices close Thursday on varied note
Othaim Markets sells asset in Al Riyadh for SAR 186.5m
CMA nods to Bupa Arabia’s SAR 300m capital raise
Synova inaugurates revolutionary diamond cutting, shaping facility in Dubai
CBE auctions EGP 26.5bn T-bills on Thursday
DFM, ADX end Thursday’s trading session mixed
Jarir registers SAR 702m profits in 9M-22 estimated financials
Egypt's money app Telda raises $20m in seed funding
Kuwait Hotels’ unit to manage Safir Hotel Marsa Matruh
Ahead of COP27, TAQA Arabia launches largest solar power plant in Sharm El-Sheikh
Sheeni’s shareholders approve company’s continuity
Waha Capital buys 350K shares in CIRA
Speed Medical turns to loss in H1-22
Safwa Consulting cuts stake in Arab Dairy to 8.27%
Shareholder ups stake in Rowad Tourism
Egypt’s GDP expected to grow 5.5% in FY22/23
Higher oil prices reinforce Gulf’s economic growth in 2023 – UBS’ Bolliger
Yahsat acquires stake in eSAT Global to expand in IoT industry
IMF affirms Saudi Arabia’s growth rate at 7.6% in 2022
Xpence launches services in UAE via partnership with Visa
ACWA Power, South Korea’s KEPCO to explore industrial-scale green hydrogen/ammonia production
EGX ends Wednesday’s session down for 2nd day in row
TASI, NomuC close Wednesday’s session higher
Nasdaq Dubai welcomes 1st physically-backed bitcoin ETP listing
Arab bourses’ market cap reaches $4.21trn by September – AMF
B.TECH inaugurates Egypt’s 1st tech talent hub
The Ark Development plans investing EGP 30bn in new urban project
UAE stock markets end Wednesday’s session on varied note
Egypt's balance of trade deficit narrows 28.7% in July
Al Arabia to fully acquire Faden Media for over SAR 1bn
i'SUPPLY raises $1.5m in pre-seed round, eyes regional expansion
Sidpec hires NI Capital to study ETHYDCO's takeover
Canal Shipping Agencies’ board proposes EGP 148.29m in FY21/22 dividends
Alhsn for Consulting cuts stake in Arab Dairy to 0.37%
HD Bank approves capital increase
Mastercard, Nclude to accelerate Egypt’s fintech ecosystem
Region’s cross-listed GFH acquires additional medical portfolio for $400m
Arabian Drilling sets final IPO price at SAR 100/shr
Al Rajhi Bank can provide up to SAR 900m facilities to REIT Fund
EGX’s indices close Tuesday on collective decline
Saudi Tihama’s unit exits assets in Dubai to boost working capital
Vezeeta to fuel regional growth via new funding powered by UAE’s Gulf Capital
Tadawul’s indices fall on Tuesday
Egypt dominates Forbes Middle East 30 Under 30 list
UAE stock markets close Tuesday’s session in red zone
Saudi Arabia’s IPI climbs 16.8% in August – GaStat
Aruba, OmniClouds sign MSP partnership agreement