Latest news

Date Title
Emirates NBD becomes 1st lender to issue Dirham-bond after UAE’s yield curve
Borouge secures AED 55m contracts from Ducab, UPI
EGX closes Wednesday with mixed performance
Tadawul closes Wednesday’s trading session with collective decline
Alkhorayef Water unveils SAR 90m project award from NWC
DFM, ADX end Wednesday’s trading session in red
IMF to provide Egypt with part of $3bn loan this FY
Egypt's economic reforms helpful in navigating current landscape - World Bank
Egypt to host 4th edition of Startups Without Borders Summit 2023
Ain Sokhna Port collects EGP 3.5bn taxes, customs in December 2022
AD Ports reportedly in talks to develop Egypt’s Suez Port
Canadian Medical Center's CEO resigns; Jouda succeeds
Egypt’s annual core inflation up 24.4% in December 2022 - CBE
CIB offers new savings certificate with 22.5% return
Gas Arabian Services inks SAR 139.5m deal for oil facilities project
KarmSolar secures $3m from HSBC to fuel Farafra Solar Grid
MIS’ board greenlights SAR 36m dividends for H2-22
Egypt’s stock market closes Tuesday on collective decline
Tadawul ends Tuesday’s trading session lower
UAE-based ASKWHO secures $1m funding round
B.TECH, CIB conclude 1st securitised bond issuance worth EGP 1.04bln
UAE stock markets close Tuesday with varied performance
Apex International Energy acquires interests in 6 concessions in Egypt
ACWA Power starts issuing up to SAR 1.8bn Sukuk
DMCC attracts 3,049 businesses to Dubai in 2022
ExxonMobil secures exploration acreage offshore Egypt
Alkhorayef Water awarded SAR 33.5m project from NWC
AMN for industrial investment ups stake in Pachin
Taaleem posts higher profits at nearly AED 51m in Q1-22/23
Egypt's annual inflation rate rises in December 2022 – CAPMAS
eXtra’s estimated profits cross SAR 440m in 2022
Strong growth of GCC economies fuels global real estate investments - Report
Suez Canal expected to earn over $8.5bn in 2023
Zain KSA announces equity sale in towers infrastructure for over SAR 3bn
Ooredoo names Al Thani as new CEO in Qatar
Agility secures new facility deal worth KWD 50m
Alsaif Gallery, Jahez launch expansion plans in Gulf
Scientific & Medical Equipment House unveils SAR 195m project award
Bank Albilad intends to purchase 5m of own shares
Amak obtains exploration licence from Saudi government
Saudi Arabia launches Diriyah as PIF’s 5th giga-project
Tadawul closes Monday in green zone
EGX’s indices close Monday’s session mixed
DFM, ADX end Monday’s session with mixed note
London's Chestertons launches in Egypt
Saudi parallel market Nomu sees IPO momentum in 2023
DFM, DWTC to launch MENA IPO Summit – Dubai 2023
Naqi Water’s shareholders approve SAR 20m dividends for 2 quarters
CBE announces EGP 36.5bn debt instruments on Monday
HD Bank registers block trading worth over EGP 33m
Ship that went aground in Suez Canal refloated
Swvl pens deal with klax ads to increase drivers' income
Egypt’s Arafa Group mulls expanding in Arab, African markets in 2023
Takween names Nofal as new CEO
Othaim Markets appoints new CEO
Perfect Presentation announces new project; developments under execution hit SAR 2.1bn
Mouwasat unveils key appointments to new board term
Ladun Investment pens SAR 162m property development deal
Obeikan Glass’ board suggests 33% capital raise via bonus shares
Halwani Bros obtains nearly SAR 231m funding from Al Rajhi Bank
Nofoth to begin trading on Tadawul this week
Tadawul closes Sunday’s session with varied note
ADNOC earmarks $15bn for decarbonisation projects
Rameda’s shareholders nod to capital raise
Arab Cotton Ginning’s consolidated losses shrink 1,843% in Q1-22/23
Saudi Home Loans unveils SAR 815m facilities from ANB, Riyad Bank
Jahez completes acquisition of Marn Business
Alpha Dhabi, Mubadala to invest up to AED 9bn in global credit
MIS unveils SAR 36m project with SDAIA
Saudi startup Ninja secures pre-seed round
Saudi Arabia’s PMI ends 2022 at 56.9
Maharah’s unit Growth Avenue acquires 20% stake in SororApp
Tadweer pens joint contract worth nearly SAR 43m
EGX’s indices close Thursday in green zone
MIS obtains SAR 450m loan from ANB
Malath Cooperative awarded insurance deal from Al Othaim Holding
Tadawul ends Thursday’s trading session with collective decline
Enma Alrawabi announces over SAR 45.5m lease deal
UAE stock markets close Thursday with negative note
GFH concludes acquisition of majority stake in Big Sky
UAE’s December PMI nears lowest reading in 2022
Anaam Holding inks MoU with Al Murjan for potential equity acquisition
CBE auctions EGP 43.5bn T-bills on Thursday
Takween announces new key appointments
EGX indices close Wednesday’s session mixed; market cap exceeds EGP 1trn
Tadawul closes Wednesday’s session lower; majority of sectors fall
Thousands of state employees to move to new capital by March
DFM closes Wednesday up; ADX down
UAE-based foodtech Nourish raises $400k in funding round
Egypt acquires 12 Chinook helos from Boeing
Alhokair Group’s CEO resigns; Acting CEO announced
Egypt’s population crosses 104m – CAPMAS
SADAFCO’s board recommends SAR 96m dividends for H1-22/23
NBE, Banque Misr issue 25% certificate of deposit
Compass Capital offers to buy majority stake in Pachin
Egypt's banks, EGX off next Sunday on Coptic Christmas occasion
Egypt's foreign reserves grow to $34bn in December 2022
SABB names new Chairperson, Vice Chairperson
Egypt PMI recovers in December; downturn in business conditions remains solid
Wafrah inks nearly SAR 12m contract with SADAFCO