Latest news

Date Title
Alandalus Property’s profits down 7.7% in H1-22
Saudi Aramco’s profit surges 86.4% in H1-22; dividends announced
Nadec returns to profits during H1-22
Al Ramz posts higher profits at AED 22m in H1-22
Invest Bank’s losses shrink 9% in H1-22; accumulated losses announced
Walaa Cooperative Insurance’s losses near SAR 28m in H1-22; accumulated losses unveiled
Eshraq Investments takes over Goldilocks’ shares
Nahdi Medical logs SAR 506m profits in H1-22 interim financials
EGX’s indices close Thursday’s session up
Al Ahly Capital exits Abu Qir Fertilizers for EGP 1.53bn
TASI closes Thursday up; NomuC down
Dana Gas posts 82% hike in H1-22 profits
Maersk to inject investments of $500m in Egypt
ACWA Power logs SAR 542m profits in H1-22 initial results
CBE auctions EGP 31bn T-bills on Thursday
Aramex’s profit slides 18% in 6M
UAE stock markets close Thursday on varied note
Orascom Financial Holding moves to losses in H1-22
NileSat’s profit marginally down to $18.7m in H1-22
Al Baraka Bank-Egypt posts 28% higher profit in H1-22
Telecom Egypt generates lower profit in H1-22
SEC secures $567.5m loan for electricity interconnection project with Egypt
Astra Industrial’s net profits for H1-22 soar 202%
Air Arabia reports net profit of AED 451m for H1-22
ADNIC sees lower profits at AED 187m in H1-22
TAQA’s profits exceed AED 4bn in H1-22; dividends announced for Q2
Amak’s profits down 11% in H1-22 initial results
GASCO posts lower profits at SAR 105m in H1-22
Tadawul closes Wednesday’s session up
Egypt, Sudan trade exchange hits $1.1bn in 2021
Egypt’s stock market closes Wednesday on mixed note
Oriental Weavers to exit from Chinese subsidiary
Pachin receives acquisition offer from Sipes
DFM, ADX close Wednesday in green zone
Egypt Aluminum’s profit surpasses EGP 2bn in FY21/22
PIF’s SEIC buys stakes in four Egyptian firms for $1.3bn
ADIB Egypt’s profits in H1-22 climb to EGP 1.01bn
EIPICO records EGP 304.4m net earnings in H1-22
Egypt's monthly inflation rate levels up in July – CAPMAS
Mubadala Capital to acquire Canada Cartage
Saudi Arabia to host 1st in-person Euromoney conference since 2019 soon
Southern Province Cement posts lower profits in H1-22 interim financials
Sudatel turns profitable at nearly $33m in H1-22
Yahsat reports $45m profits in H1-22
Saudi Airlines Catering turns profitable at SAR 79m in H1-22
Arabian Cement’s profits hit SAR 87m in H1-22; dividends proposed
ADNOC Drilling sees higher profits in H1-22; dividends announced
Egypt’s stock market closes Tuesday down
Tadawul closes Tuesday on positive note
SABIC's profits rise15% in H1-22 initial financials
IHC’s profits near AED 4.5bn in H1-22 results
UAE stock markets close Tuesday higher
Nile Pharma logs EGP 90.3m profit in FY21/22
MNHD’s profit edges up 1.1% in H1-22
SAIB registers 79% profit surge in H1-22
Egypt Free Shops’ earnings soar 26% in FY21/22
Sharm Dreams’ losses enlarge to EGP 40.5m in H1-22
City Cement’s profit tumbles 63.7% in H1-22
Forbes Middle East unveils region's top 25 fintech firms for 2022
EGX’s indices close Monday on varied note
Shareholders of Al Akaria’s unit greenlight capital cut
EMPC's consolidated profits surpass EGP 104m in H1-22
Raoom Trading's shareholders approve 25% capital hike
TASI, NomuC close Monday in green zone
Alamar to start trading on Tadawul this week
ADNOC Distribution’s profits jump 35.5% in H1-22
MEPCO sees 216% higher profits in H1-22 initial financials
Almarai names new Chairman, Vice Chairman
CBE issues two-type T-bonds at EGP 8.75bn on Monday
UAE stock markets close Monday up
Egypt's chemical exports jump 35% in H1-22
Contact inks EGP 125m cooperation protocol with OneOrder
Egypt's non-petroleum exports rise to $19.3bn in H1-22
Talaat Moustafa Group’s H1-22 profit surpasses EGP 1bn
Wafrah inks EUR 3.9m deal with Germany’s GEA
Salama’s board recommends reducing capital to AED 790.2m
Bank Albilad sets up payment services unit with SAR 200m capital
M&A Brief of the Week
Egypt’s stock market closes Sunday in green zone
Abu Dhabi National Hotels’ profits exceed AED 262.5m in H1-22
Saudi German Hospital posts 45.5% higher profits in H1-22 interim results
Waha Capital posts lower profits at AED 87m in H1-22
Agthia’s H1-22 profits hike 74%; dividends proposed
Egypt's balance of payments records $7.3bn deficit in 9M - CBE
Tadawul closes Sunday’s session down
Alujain’s profits tumble to SAR 119m in H1-22 initial financials
Union Properties turns to AED 12m losses in H1-22; accumulated losses unveiled
Elm logs SAR 444m profits in H1-22 interim results
Egypt’s foreign reserves fall to $33.1bn in July
GCC leads Forbes Middle East’s top 30 banks 2022 list
FRA approves Egypt Gas' capital raise
Dr. Sulaiman Al Habib’s profit in H1-22 jumps 22%; dividends proposed
Northern Region Cement logs SAR 48m in H1-22 profits
Tasnee posts lower profits at SAR 606m in H1-22
Amanat’s earnings fall to AED 66.6m in H1-22
Amlak International sees higher profits in H1-22 interim results
SAICO names new chairman, vice chairman
CBE offers EGP 23bn T-bills on Sunday
Eastern Province Cement to pay SAR 86m dividends for H1-22
SIIG’s profits tumble 36% in H1-22 interim results