Latest news

Date Title
Mashreq Bank signs e-sports partnership with Galaxy Racer
Mastercard names Jones as Country Manager for MENA
AAIB sees higher profits in Q1-22
QNB Al Ahli’s profits jump 16% in H1-22
Taaleem records higher profits in 9M-21/22
Saudi German Hospital awards SAR 223m construction deal to IHCC
Egypt registers 90m administered doses of COVID-19 vaccines
EGX ends Thursday’s session on positive note
ECSM to inaugurate EGP 350m concrete flange production factory
DFM closes Thursday up; ADX down
CBE offers EGP 30.75bn debt instruments on Thursday
Nasdaq Dubai welcomes ICBC's $2.68bn multi-tranche green bonds
Speed Medical completes exit from Prime Speed Medical
M&A Brief of the Week
Dubai's inflation up 5% in May 2022
MENA startups raise $324m in June
Egypt's annual inflation surges to 15% in June
Elsewedy Electric's unit inks EGP 1.17bn contract with Egyptian National Railways
Egypt's food exports to UK hit GBP 27.5m in 2021
CMA nods to stc, Jabal Omar's capital hike
Ain Sokhna Port collects EGP 3.63bn taxes, customs in June
EIB finances Egypt with EUR 14bn in 4 decades
Egypt-Brazil trade exchange hits $2.5bn in 2021
solutions inks SAR 298m contract with stc
EGX closes Wednesday’s session on collective rise
TASI ends Wednesday's session in green zone
GFH acquires $300m student housing portfolio in US
Visa denies relation to bitcoinblack launch in UAE
Aurus launches headquarters in Dubai’s DMCC Crypto Center
Bahri raises SAR 3.9bn in SAR-denominated Sukuk offering
UAE stock markets close Wednesday's session on negative note
Egypt’s trade deficit declines 53% in April - CAPMAS
Egypt's non-oil economy sees weakest performance in 2 years - S&P PMI
Etihad Airways to release 1st non-fungible token collection
Saudi Aramco's CEO leads Forbes Middle East's top 100 CEOs in region
Emerge, Miral to launch rooftop solar power project at SeaWorld Abu Dhabi park
AD Ports, SEG launch logistics, freight joint venture in Uzbekistan
Advanced Petrochemical sees 37% lower profits in H1-22; dividends proposed
Egypt’s exports of engineering industries surge 31% in 5M
Anghami acquires Spotlight Events to expand entertainment footprint
Dubai, Abu Dhabi’s property sector ranked as top global improvers – JLL
Al Khaleej Training to acquire 60% stake in Al Faisaliah
Banks, EGX to close during Eid El-Adha; Saafan unveils holiday for private sector
Real Estate Egyptian Consortium eyes authorised capital hike
Petro Rabigh secures SAR 390.5m from rump offering
Cairo records EGP 90m smoke customs revenues in June
Gulf General pens insurance deal with Al Rashid Trading
EGX ends Tuesday's session on mixed note
TASI closes Tuesday's session in red zone
CBE issues 1st new polymer banknotes
UAE stock markets close Tuesday down
Tasnee names new Chairman, Vice Chairman
UAE maintains 2nd position among top global commodity trading hubs
eWallet rebrands as tech-driven fintech company e& money
Saudi Arabia's inflation records 22-month high in June
Tecom Group commences trading on DFM
SODIC submits non-binding offer to acquire MNHD
Inflation pressures in UAE hit 11-year high in June
TAQA Arabia inaugurates 5MW PV solar plant in Somabay
Egypt’s development financing reaches $8.7bn in 2021
Suez Canal’s revenues leap to $7bn in FY21/22
Egypt announces Eid El-Adha holiday
Saudi MESC appoints new Chairman, Vice Chairman
SABB’s board proposes SAR 1.13bn dividends for H1-22
Egypt’s stock market declines on Monday
Tadawul closes Monday’s session lower
UAE stock markets close Monday in red zone
Bupa Arabia renews insurance deal with SABIC
CBE auctions EGP 29bn debt instruments on Monday
Crypto visa black card bitcoinblack launches in UAE
Dubai's YAP raises $41m to expand operations
Shuaa's Northacre to develop $3.6bn projects for global expansion
Wafrah’s rights issue 78% oversubscribed
Lazurde to pay 2.5% of capital as dividends for 2021
SIDC’s subdiairy signs agreement worth SAR 13m/year with Emdad
Derayah Financial declares Q2-22 dividends for REIT fund's unitholders
Al Akaria’s unit obtains EGM nod for capital cut
Domty receives compulsory purchase offer from Expedition Investments
Ayyan Investment names new Chairman, Vice Chairman
Arabian Centres announces SAR 0.75/shr dividend for H2-21/22
EGX closes Sunday on collective decline
TASI ends Sunday's session down
Careem acquires Dubai-based money transfer technology platform
Allianz Saudi Fransi inks SAR 44.5m deal with Banque Saudi Fransi
EFG Capital raises stake in Maridive
SNB to pay 11% of capital as dividends for H1-22
CBE offers EGP 35bn debt instruments on Sunday
Juhayna's OGM approves EGP 0.35/shr dividends for 2021
Egypt inaugurates Adly Mansour Central Station, LRT's 1st phase
Mashreq Bank announces pricing of inaugural $300m additional Tier 1 offering
ACWA Power’s OGM nods to SAR 563m dividends for 2021
MIS inks SAR 56m contracts with Tahakom, KACST
Aldar acquires Nurai Island Resort in Abu Dhabi
Alamar Foods sets final IPO price at SAR 115/shr
Alhokair turns profitable at SAR 38m in FY21/22
Saudi Fisheries announces resignation of CEO
Banque Saudi Fransi to pay SAR 0.75/shr dividend for H1-22
Saudi PIF launches aircraft leasing firm AviLease
Saudi Steel Pipe signs SAR 58m supply contract with Aramco
Hub71 partners with e& enterprise to launch 1st AI CoE in UAE