Latest news

Date Title
Saudi Arabia’s IPI jumps 17.7% in July – GaStat
Mubadala, TAQA mull investment in Uzbekistan’s power sector
Tabreed’s unit wins AED 118m upon arbitration ruling
Al Alamiya announces resignation of CEO
Kodak Alaris names Kazak as Managing Director for EMEIA
EGX closes Monday in varied performance
CBE auctions two-type T-bonds at EGP 11bn on Monday
Tadawul closes Monday’s trading session up
DFM, ADX close Monday in green zone
Shareholder cuts stake in Arab Engineering Industries to 9%
IDH records lower earnings in H1-22
El Kahera El Watania to buy stake in Assiut for Agricultural Development
QNB Financial Services reduces stake in First Investment to 2%
Egypt’s food industry exports to Russia grow 27% in H1-22
Egypt-Palestine bilateral trade jumps 74% in 2021
Alkhorayef Water pens over SAR 45.5m deal with NWC
Saudi Arabia invests SAR 700bn to endorse green economy
Dubai to host HSBC Crossroads GCC Future Impact Forum for 1st time
Tadawul to close on Saudi National Day Holiday
Saudi APICO unveils price range for Nomu offering
Al Jouf Cement’s accumulated losses near 0% of capital
Al Hammadi Holding to disburse SAR 0.3/shr dividend for Q3-22
CBE issues EGP 21.5bn T-bills on Sunday
EGX’s indices close Sunday in green zone
Southern Province Cement to pay 7.5% of capital as dividends for H1-22
Ladun Investment announces new Chairman, Vice Chairman, CEO
Tadawul closes Sunday on positive note
Shareholder raises stake in Arabian Cement for EGP 31m
Misr Chemical Industries, AMOC reply to news reporting PIF’s potential investment
IsDB approves $1.12bn in development financing
Saudi PIF reportedly expected to issue green bonds soon
Elsewedy Electric’s unit inks 3 contracts worth EGP 2.2bn
Al Ezz Dekheila Steel's profits reach EGP 4bn in H1-22
Ezz Steel’s profits surpass EGP 4bn in H1-22
Memphis Pharmaceutical’s annual profits climb 77%
Moody's GCC Summit returns to Dubai this Tuesday
Oil, gas sector fuels demand for industrial space in Dubai - Savills
Raydan Food closes Jeddah branch
City Cement announces SAR 56m dividends for H1-22
Ladun Investment’s profits shrink 59% in H1-22; dividends proposed
Al Seer Marine expands freight services via new partnership
Abu Dhabi, Dubai chosen as 1st cities for Metarverse Holdings’ AED 200m project
JLL appoints Al Sulaimani as Country Head for Saudi Arabia
Damac Properties awards AED 313.5m contracts for DAMAC Hills project
CMA nods to eXtra, East Pipes Integrated’s capital raise
DEWA’s board proposes AED 3.1bn dividends for H1-22
EGX closes Thursday’s trading session up
TASI, NomuC end Thursday’s trading session down
M&A Brief of the Week
Al Omran Industrial appoints new Chairman, Vice Chairman
CBE auctions EGP 31bn T-bills on Thursday
DFM closes Thursday down; ADX up
UAE corporates’ funding base more diversified than peers - Fitch
Alpha Flight Services expands operations in Ras Al Khaimah
Egypt's annual inflation rate rises in August – CAPMAS
Shareholder reduces stake in First Investment for EGP 3m
Crédit Agricole France raises shareholding in Egypt branch
SODIC relaunches New Zayed project
Real Estate Egyptian cuts stake in Lecico Egypt to 0.77%
Alhasoob's board suggests 100% capital raise
Riyad Bank starts offering Additional Tier 1 capital Sukuk
UAE’s PMI jumps to 56.7 in August
Saudi Arabia’s August PMI marks highest level in 10 months
Khazna, BEEAH Group to bring Sharjah 1st Tier 3 Data Centre
EGX’s indices close Wednesday on negative note
Top 100 Arab family businesses feature 37 Saudi firms – Forbes Middle East
Tadawul closes Wednesday in red zone
UAE stock markets close Wednesday on mixed note
Wataniya Insurance appoints new Chairman, Vice Chairman
State Properties General Authority signs agreement with Um AlQura for Development to acquire shares in SAR 100bn Masar
Majid Al Futtaim awards AED 799m construction contracts to Shapoorji Pallonji
British International Investment eyes investing $100m in Egyptian startups
Suez Customs collects over EGP 5bn taxes, customs in August
Upper Egypt Mills sells previous headquarters in Sohag
GB Auto's unit considers selling 45% of GB Lease to UAE’s Chimera
Egypt Aluminum to offer 65% of capital hike to Arab sovereign fund
HUAWEI, FTI partner to localise digital energy industry in KSA
AAIB’s standalone profits exceed $90m in H1-22
SFD finances new projects in Kyrgyzstan’s healthcare, education sectors
UAE banks' assets exceed AED 3.44trn in June
Egypt witnesses hike in different exports in H1-22
Hilwa names new Chairman, Vice Chairman
Egypt’s stock market closes Tuesday higher
Aljazira Takaful appoints new Chairman, Vice Chairman
Egypt Post, Aman for Microfinance pen cooperation protocol
Tadawul closes Tuesday’s session lower
Naba Alsaha to start trading on Nomu this week
Emirates NBD, Honeywell team up to advance UAE sustainability goals
DFM closes Tuesday’s session up; ADX down
Egypt plans issuing samurai, panda bonds
Egyptian gov’t considers offering logistic hub to investors with EGP 1.5bn investments
Egyptians for Housing and Development merges 5 firms
Egypt to establish pre-IPO fund - Minister
e-finance spends EGP 390m of capital raise proceeds
BinDawood Holding accepts CEO resignation
Banque Saudi Fransi names new CEO
Al Sagr Cooperative Insurance mulls 65% capital cut
SASCO announces SAR 30m dividends for H1-22
CBE offers two-type T-bonds at EGP 11.5bn on Monday
EGX ends Monday’s session in green