Latest news

Date Title
AfDB to grant Egypt $271m finance for food security
Saudi SNS sets IPO price at SAR 71/shr
EG Bank's standalone profits rise 23% in H1-22
Dubai sees 6% higher energy demand in H1-22
Dubai's CPI jumps 6% in June 2022
NMDC's profits hike in H1-22 unaudited financials
CBD arranges AED 530m syndicated financing for Gulf Data Hub
EGX ends Tuesday's session on collective rise
TASI closes Tuesday's session on green zone
Kima to renew contract with Italy's Tecnimont for ammonia, urea plant
Mulkia Gulf REIT’s unitholders to receive over SAR 8.5m dividends
United Bank for Africa opens new branch in UAE
Naseej Communication pens SAR 14.5m deal for e-education project
UAE stock markets close Tuesday's session on positive note
Almunajem Foods’ profits hike 225% in H1-22 estimated results
DP World's Imperial obtains approval to acquire 100% stake in J&J Group
Al Jouf Cement’s Chairman resigns
ADNOC, TotalEnergies sign partnership agreement to explore new growth opportunities
Egypt's Ministry of Higher Education invests EGP 11bn in digital transformation
Egypt's Infinity, AFC to acquire Lekela Power in Africa’s biggest renewable energy deal
Dubai's property transactions hit AED 115bn in H1-22
NMDC's unit, France's Technip Energies to form new joint company
IHC's EasyLease acquires 55% stake in The Captain’s Club
Vertika’s Chairman resigns, Salama succeeds
Naba Alsaha to trade 20% of capital on Nomu
MIS names new Chairman, Vice Chairman
Banque du Caire obtains regulatory nod for Telda card
Alandalus Property’s CEO resigns
NCLE to fully acquire Al Salam for SAR 72m
NREC's unit inks EGP 854m loan with Egypt-based bank
Almunajem Foods to pay SAR 75m dividends for H1-22
GFH acts joint lead manager on Dar Alarkan's $400m Sukuk issuance
Riyad Bank to disburse SAR 0.5/shr dividend for H1-22
Chemanol’s profits leap 116% in H1-22 interim results
EGX ends Monday’s session on collective rise
CBE offers EGP 29bn debt instruments on Monday
TASI closes Monday's session on positive note
Egyptian pound slides to 5-year low against US dollar
DEWA commissions 11 substations at total cost of AED 1.71bn
UAE stock markets close Monday's session on positive note
US-based Lord Abbett to open 1st Middle East branch at DIFC
MNHD's OGM to consider due diligence on SODIC's acquisition request
Remooz announces soft launch of non-fungible tokens platform
UAE to host MENA Power Projects to highlight $250bn upcoming projects
Dubai Chamber of Commerce sees 80% membership growth in H1-22
RAKBANK, Kraken to offer UAE's 1st AED-denominated virtual asset trading
Union Coop appoints xCube to offer market maker service
eXtra records 24% rise in estimated H1-22 profits
Egypt’s food exports hit $1.76bn in 5M; Saudi tops importers
Egypt's agricultural exports surge to $2.15bn in 9M
Target raises stake in Lecico Egypt to 4%
EGX closes Sunday's session on varied note
TASI closes Sunday's trading session on positive note
UAE launches AED 3bn National Space Fund
Musharaka Capital announces SAR 26m dividends for REIT Fund's unitholders
Naqi Water sets price range for IPO on Tadawul
Alinma Bank to pay SAR 0.45/shr dividends for H1-22
Arabian Pipes’ board recommends SAR 150m capital raise
Tadawul launches 1st Shariah-compliant index
Jarir sees lower profits in H1-22 estimated financial results
CBE auctions EGP 34.5bn debt instruments on Sunday
Almarai sees 8% higher profits in H1-22
Agthia to acquire 60% stake in Egypt's Auf Group
Zain KSA's profits surge 158% in H1-22
Pachin receives non-binding takeover offer from industrial investment firm
Saudi Enaya extends insurance deal with DSFH
Atlantica Holdings raises stake in Speed Medical to 15%
Misr Cement unveils self-operation plans in Qena
Kuwaiti Jazeera Airways scales up services in Saudi Arabia
Remittances of Egyptian expats surge to $11.1bn in 4M
TASI, NomuC end Thursday’s session in red zone
Academy of Learning to list shares on Tadawul next week
UAE stock markets close Thursday higher
East Pipes Integrated signs SAR 324m supply contract with SWCC
Tadawul announces listing of Keir International on Nomu
TASI closes Wednesday's session down
Swvl inks definitive agreement to acquire Mexico's Urbvan
UAE stock markets close Wednesday's session on negative note
EGA inks agreement with Japan's “K” Line to decarbonise bulk cargo shipping
Egypt raises fuel prices for Q3-22
Othaim Markets' board approves Al Othaim Holding's SAR 846.5m offer
Chemanol inks SAR 695m Murabaha financing agreements
Dubai's non-oil economy improves at quickest pace in 3 years
Saudi Ceramic's board nods to 5% dividends for H1-22
Saudi Kayan appoints new CEO
AD Ports inks MoU to support UAE-based Hayat Biotech’s expansion
Mubadala leads wefox's $400m funding round
SirajPower inks deal to launch 2 MVA solar-diesel-battery project
UAE stock markets close Tuesday's session in green zone
Egypt allocates EGP 6bn in new budget to support export development
DIFC leads global ranking in attracting FDI projects in 2021
Al-Futtaim Group partners with Berlin-based TIER Mobility for sustainable micro-mobility
UAE's Mubadala invests in Sweden-based Klarna's $800m financing round
Egypt's petroleum sector implements $1.5bn projects for energy efficiency
Egypt to invest EGP 9.5bn in launching, developing national universities
Egypt to allocate EGP 6.02bn for digital transformation, cybersecurity projects
UAE to rely on new renewable methods to produce 30% of power by 2030
Egypt implements EGP 27bn water, wastewater projects in 4 governorates
93% of IT businesses in UAE plan to expand in new markets - survey
Saudi Arabia's IPI grows 24% in May 2022