Latest news

Date Title
Pioneers Properties logs EGP 343m consolidated profits since inception
Gadwa’s consolidated profits exceed EGP 158m in 7M
Suez Canal’s revenues in May hit highest monthly record in history
EFG Hermes Corp-Solutions issues 1st bond in EGP 3bn programme
Al Ezz Dekheila Steel’s consolidated profits surge 16% in Q1-22
Sheraa to launch Startup Dojo programme this summer
Ezz Steel sees higher consolidated profits in Q1-22
SIEC's rights issue 89% covered
ACWA Power’s unit pens SAR 401m power agreement
Yansab announces SAR 844m dividends for H1-22
Alujain to distribute 15% dividends for H1-22
SAIC names new Chairman, Vice Chairman
EGX ends Sunday on varied note
TASI closes Sunday's session in green zone
UAE’s Grubtech launches operations in Egypt, appoints Country Manager
Retal Urban Development sets final IPO price at SAR 120/shr
CBE offers EGP 22bn T-bills on Sunday
Saudi Paper inks SAR 300m deal to purchase 5th production line
SAIC's unit obtains SAMA's approval to be offered in financial market
Alwasail purchases factory in Ras Al Khaimah for SAR 5m
Borouge completes listing on ADX
B Investments sells entire share in Giza Systems to Saudi Solutions
M&A Brief of the Week
Digital DEWA's Moro Hub, PhishRod to launch Waee platform
FinaMaze partners with Ned Davis to develop smartfolio in UAE
Tarabut Gateway unveils partnerships with Saudi listed banks
Google Cloud names Almadi as Country Manager in Saudi Arabia
Al Hammadi to pay SAR 48m dividend for Q2-22
Almunajem Foods’ shareholders nod to SAR 2/shr dividend for 2021
AXA Cooperative pays 2021 dividends on Thursday
Shaker Group appoints new Chairman, Vice Chairman
Saudi Cement to distribute 15% dividend for H1-22
Saudi Cable proposes 75% capital cut, subsequent capital raise
CBE auctions EGP 19.5bn T-bills on Thursday
Alkhorayef Water obtains SAR 315m financing from Al Rajhi Bank
EGX ends Thursday on varied note
TASI ends Thursday's session down
dnata announces $100m investment in green operations
UAE stock markets close Thursday's session in red zone
UAE stock markets close Thursday's session in red zone
IsDB launches 1st regional headquarters in Egypt
e& enterprise partners with US DataRobot to launch Enterprise AI as a Service
Moody's affirms 'Ba2' rating of Gulf Insurance's unit in Egypt; outlook negative
CMA approves Alhokair's capital decrease
CMA nods to Raoom Trading's capital raise via bonus shares
Al Etihad Cooperative inks bancassurance deal with SNB
Al Etihad Cooperative inks bancassurance deal with SNB
RATP Dev cooperates with Orange Egypt for Wi-Fi test at Abassia Station
Yanbu Cement to distribute 7.5% dividends for H1-22
Aramex to acquire US cross-border e-commerce platform for $265m
Saudi TAWAL collaborates with Dawiyat Integrated for ICT infrastructure
UAE’s Mubadala Petroleum records 500,000 boed
Dubai Chambers, Citi UAE ink MoU to boost cooperation
Investment Corporation of Dubai’s profits cross AED 10bn in 2021
DEWA partners with France’s Eutelsat to develop Space-D programme
Egypt raises customs dollar exchange rate nearly 10%
Amwaj International sets IPO price at SAR 72/shr
CMA approves Shaker Group’s capital hike via rights issue
National Gypsum appoints new Chairman, Vice Chairman
Elm wins SAR 207m contract in Saudi Arabia
SAIC's shareholders nod to 7.5% dividends for 2021
ACWA Power's board proposes 8% dividends for 2021
EGX ends Wednesday's session on collective decline
TASI closes Wednesday's session down
Gulf Islamic Investments acquires digital bank from Mubadala
DFM, DME launch trading of Oman Crude Oil Futures
ADX closes Wednesday up; ADX down
Electro Cable reports EGP 71.5m profits in Q1-22
SCZONE to establish $4bn waste-to-green hydrogen plant
Australia's Worley wins contract for Alfanar's low-carbon fuels project in UK
Australia's Worley wins contract for Alfanar's low-carbon fuels project in UK
Australia's Worley wins contract for Alfanar's low-carbon fuels project in UK
Raya Holding to sell stake in Ostool for Land Transportation
GSK Egypt's standalone profits hike in Q1-22
Middle East-based telecom companies, Huawei jointly launch IntelligentRAN in region
Agility's EGM nods to capital raise
Borouge completes bookbuild, subscription process for IPO on ADX
Suez Canal Bank's profits retreat in Q1-22
Najran Cement secures SAR 328.5m loan from Al Rajhi Bank
Alinma Bank names new Chairman, Vice Chairman
Remco’s consolidated losses down in Q1-22
EGX closes Tuesday’s session in green zone
TASI ends Tuesday's session up
Sinai Cement’s losses shrink in Q1-22
B Investments Holding posts lower profits in Q1-22
ElSaeed Contracting logs EGP 36m profits in Q1-22
UAE stock markets close Tuesday's session on positive note
Palm Hills sees higher profits in Q1-22
e-finance’s profits surge 39% in Q1-22
CI Capital’s profits exceed EGP 171m in Q1-22
Dubai’s DAMAC acquires Switzerland-based de GRISOGONO
Ma’aden's shareholders nod to 100% capital hike
Ladun Investment sets final IPO price at SAR 18/shr
Telecom Egypt posts 36% lower profits in Q1-22
Orascom Financial Holding sees higher profits in Q1-22
Agthia unveils AED 90m expansion plan for protein business in Saudi Arabia
Mobily, Telecom Egypt to build submarine cable connecting Saudi Arabia to Egypt
Batic Investment’s unit acquires land in Al Madinah for SAR 126m
Banque Saudi Fransi names acting CEO
Japan’s JGC wins EPC contract from Saudi Aramco for Zuluf facilities