Latest news

Date Title
Chemanol announces resignation of CEO
Ajman Bank to launch world’s 1st Mastercard Touch Card
EGX’s indices close Thursday in red zone
Tadawul closes Thursday’s session on negative note
Saudi German Hospital inaugurates new hospital in Makkah
CBE offers EGP 30bn T-bills on Thursday
UAE stock markets close Thursday lower
Lafarge Egypt’s fleet trucks to run on natural gas via partnership with Ostool
A total of 57 vessels cross Suez Canal on Thursday
ADX, FTSE Russell launch Growth Market Index
Shareholder cuts stake in Sharm Dreams to 3.7%
National Real Estate Bank sees EGP 10m block trading deal
Emirates Steel Arkan seeks to invest in Egypt’s nuclear projects - Interview
Banque du Caire’s profits rise to EGP 1.84bn in H1-22
AUB Egypt reports EGP 916m consolidated profits in H1-22
China’s SGCC inaugurates regional office in Dubai
AD Ports announces resignation of Logistics Cluster’s CEO
Egypt-ICF 2022 to kick off next week
Egypt’s stock market closes Wednesday down
TASI closes Wednesday’s session down; NomuC up
DFM, ADX close Wednesday on negative note
Holding Company for Roads’ production exceeds EGP 10bn in FY21/22
Orascom Construction logs lower earnings in H1-22
Egyptian Resorts’ losses widen to EGP 93m in H1-22
GSK Egypt’s profits climb to EGP 872m in H1-22
Arab Cotton Ginning’s standalone profits record EGP 34m in FY21/22
Alhokair Group’s board amends capital cut proposal to 51.5%
stc’s EGM nods to 150% capital hike
UAE’s Stake secures over $8m in pre-series A funding round
EGX’s indices close Tuesday’s session higher
Tadawul closes Tuesday on varied note
Manazel’s unit reaches deal to exchange investment in Egypt
Al Jouf Cement’s shareholders nod to 24% capital cut
DMCC posts 25% jump in diamond trade in H1-22
DFM closes Tuesday up; ADX down
Saudi Steel Pipe inks SAR 88m contract with Uruguay’s TGS
Remco’s standalone losses shrink to EGP 80m in H1-22
Maharah to distribute 12.5% dividends for H1-22
Rowad Tourism raises stake in Lecico Egypt for EGP 14m
Zahraa Maadi sees EGP 344m block trading deal
Orascom Financial Holding turns to consolidated losses in H1-22
Tibbiyah acquires 51% stake in Innovative Care
Egypt’s economy grows 6.6% in FY21/22 - Maait
AAIB pens EGP 200m deal with Egypt’s MSMEDA
SPIMACO obtains SAR 1.26bn loans from three banks
Ithmaar Holding posts 127% higher profits in H1-22; accumulated losses unveiled
Raydan Food’s board mulls 53% capital cut
Al Habtoor Group’s revenues hike 19% in H1-22
CBE issues two-type T-bonds at EGP 11.5bn on Monday
Egypt’s SubsBase secures $2.4m in funding round
Alexandria Container’s profits near EGP 2bn in FY21/22
EGX closes Monday on negative note
Tadawul closes Monday’s session mixed
UAE stock markets close Monday in red zone
Orchida Soft to expand e-invoicing implementation in Egypt, KSA
Arabia Investments Holding spends EGP 259m of capital raise proceeds
Riyadh to host Next World Forum 2022 early September
FRA approves publishing offer to acquire Alexandria New Medical Center
Elsewedy Electric’s unit pens two deals worth over EGP 1bn
Beltone replies to news reporting potential capital raise
Profits of Saudi banks jump 54% in July
SAIB sells entire stake in Pyramids Paper Mills for EGP 4m
SAMA’s assets surpass SAR 2trn during July 2022
Saudi foreign reserve assets up 5% in July
ADNOC Drilling acquires offshore rig worth $70m
Hail Cement to pay SAR 24.5m dividends for H1-22
Batic Investments swings to SAR 12m losses in H1-22; accumulated losses announced
Alhokair Group’s losses exceed SAR 66m in H1-22; accumulated losses announced
Al Jouf Cement posts lower profits in H1-22; accumulated losses hit SAR 341m
Emaar The Economic City posts higher losses in H1-22; accumulated losses unveiled
Alandalus Property announces SAR 0.25/shr dividend for H1-22
Raydan Food’s accumulated losses near SAR 179.5m in H1-22
Bank of Sharjah turns profitable at AED 44m in 2021
EGX’s indices close Sunday on varied note
TASI closes Sunday down; NomuC up
Kingdom Holding’s profits skyrocket 1,162% in H1-22
CBE auctions EGP 21.5bn T-bills on Sunday
Jabal Omar’s EGM approves raising capital to SAR 11bn
Emaar Misr buys 25% of Eagle Hills’ capital
Maharah’s unit obtains GAC’s approval on Care Shield acquisition
SNB starts offering SAR-denominated Additional Tier 1 Sukuk
Visa appoints Gutieva as Country Manager for UAE
Emaar Properties eyes over AED 628.5m profits from selling Namshi
Ericsson names Nelson as Country Manager in UAE
DAMAC to endorse EUR 1bn investment plans in Germany
Rak Properties announces Al Muhtadi as new CEO
Amana’s accumulated losses retreat to 45% of capital
Aldawaa Medical Services posts higher profits in H1-22; dividends announced
BinDawood sees lower profits in H1-22; dividends announced
Seera reports SAR 131m losses in H1-22 financials
Dar Alarkan's profits exceed SAR 313m in H1-22
Al Hammadi records 67.5% higher profits in H1-22 interim results
EGX’s indices close Thursday in green zone
CBE issues EGP 31.5bn T-bills on Thursday
Egypt-UAE bilateral trade rises to $1.2bn in Q1-22
Egypt’s gov’t approves financing deal to supply 32 trains
Tadawul closes Thursday on varied note
UNDP, Savola Foods pen MoU to advance sustainable development in Egypt
UAE stock markets close Thursday on positive note
GB Auto denies receiving acquisition offer for unit