Latest news

Date Title
Online cross-border payments by Saudi-based individuals boost financial support – Report
Mitsubishi Power, Egypt’s Damietta LNG sign long-term service agreement
valU invests in entertainment, live shopping e-commerce platform "Hoods"
Anchor Developments plans starting up with EGP 10bn investment
Arriyadh Development logs nearly 262m profits in 9M-22
Southern Province Cement’s profits shrink to SAR 238m in 9M-22
Saudi Printing registers SAR 6m losses in 9M-22; accumulated losses unveiled
Union Properties shifts to losses in 9M-22; accumulated losses hit AED 2.93bn
du’s profits hike to over AED 933m in 9M-22
EGX’s indices close Tuesday in green zone
Amak’s profits near SAR105m in 9M-22 interim financials
Tabuk Cement’s profits fall to SAR 3m in 9M-22 interim results
Emirates Steel Arkan turns profitable at over AED 383m in 9M-22
TASI closes Tuesday down; NomuC up
G42’s unit Bayanat AI commences trading on ADX as 1st firm under tech sector
Saudi Arabia’s Q3-22 real GDP jumps 8.6% – Flash estimates
FABMISR successfully integrates all banking services with Bank Audi Egypt
Ma’aden posts higher profits at SAR 8.3bn in 9M-22
Tawuniya’s profits exceed SAR 390m in 9M-22 initial financials
UAE stock markets close Tuesday with negative performance
Trade exchange between Egypt, Arab countries hits $14.4bn in H1-22
Aramco’s profits hit 488.78bn in 9M-22; dividends announced for Q3-22
Aramco, IBM aim to set up innovation hub in Saudi Arabia
Egypt becomes more attractive for foreign investments - Maait
Cleopatra Hospitals Group inks 18-year concession agreement for Haven Hospital
Work starts on 500 MW Ras Ghareb wind farm with $680m investments
Egypt’s chemicals exports hit $6.47bn in 9M-22
IDH to launch new diagnostic venture in Saudi Arabia with $19.7m estimated investment cost
EGX closes Monday’s session on positive note
Abu Dhabi’s Hub71 launches Tech Barza platform to boost regional startups
Tadawul closes Monday with varied performance
Makadi Heights partners with valU to avail financing solutions for home maintenance, renovation fees
Trade volume between Egypt, UK records $2.91bn in 2021
DFM, ADX end Monday’s trading session mixed
Money Fellows raises $31m in 1st close of Series B
Egypt Aluminum sees higher profits in Q1-FY22/23 unadjusted results
Shareholder raises stake in Taaleem for EGP 3.45/shr
EFIC’s standalone net profits hit EGP 293.13m in 9M-22 initial results
Target sells EGP 29.62m worth of shares in Lecico Egypt
Target raises stake in Rowad Tourism to 10.68%
CBE auctions two-type T-bonds worth EGP 13.5bn on Monday
Nahr Elkhair’s OGM approves EGP 40m capital hike for unit
ValU plans to register EGP 6bn in sales by year-end
Waha Capital ups stake in CIRA for EGP 48.18m
TASI, NomuC end Sunday’s trading session in red
EGX shows mixed performance on Sunday
Kingdom Holding rolls over ownership of $1.89bn Twitter shares to Musk’s Twitter
Beyti plans to invest EGP 440m in Egypt in 2 years
Tasnee’s profits down 39% in 9M-22 interim financials
SABIC’s profits fall to SAR 16.24bn in 9M-22 interim results
CBE issues EGP 28.5bn T-bills on Sunday
Spinalex’s profits slide 42% in Q1-FY22/23
Rowad Tourism sees EGP 22.4m block trading deal
Taaleem achieves higher profits in FY21/22
Egypt's Moukhtar Ibrahim to implement water project in UAE at EGP 1.9bn
Wadi El Neel Benta, UAE's UNIMED sign partnership contract
Key remarks during 6th Future Investment Initiative in Saudi Arabia
Arabian Cement’s profits up 5.5% in 9M-22 interim results
NBF’s profits leap to nearly AED 231m in 9M-22
Emirates Islamic Bank posts 31% higher profits in 9M-22
CBD registers AED 1.32bn in 9M-22 profits
Emirates NBD’s profits hike to over AED 9bn in 9M-22
stc’s profits hit SAR 9.41bn in 9M-22; dividends announced for Q3-22
Aldar posts higher profits at AED 2bn in 9M-22
Arab Financial Services launches acquiring, payment acceptance services in Egypt
EGX closes Thursday on positive note
TASI closes Thursday down; NomuC up
SODIC’s consolidated profits leap to EGP 439m in 9M-22
AMOC logs 74% higher earnings in Q1-FY22/23
CBE auctions EGP 26.5bn T-bills on Thursday
SASCO’s profits near SAR 61.5m in 9M-22 interim financials
Egypt, IMF reach staff-level agreement on $3bn extended fund facility arrangement
Amlak International’s profits decline to nearly SAR 81m in 9M-22
DFM, ADX close Thursday on positive note
solutions logs SAR 856m profits in 9M-22 initial results
SODIC generates EGP 11.8bn in gross contracted sales during 9M-22
SAIB’s profits exceed SAR 1bn in 9M-22 interim financials
Saudi Green Initiative Forum 2022 to kick off this November
Egypt doubles capital of sovereign fund to EGP 400bn - Minister
Egypt's central bank hikes key interest rates by 200 basis points
Naguib Sawiris becomes Orascom Investment Holding’s Executive Chairman
Delta Sugar's profits jump 79% in 9M-22
SolarizEgypt invests EGP 97m in solar power plant in Orascom Development’s El Gouna
DFM welcomes Switzerland’s leading online bank “Swissquote”
Al Seer Marine acquires AED 396m VLCC Acrux
Saudi Arabia’s PIF to initiate regional firms following investment in Egypt
Aramco sets up $1.5bn sustainability fund for global investments
Marafiq announces final price for IPO on Tadawul
Tecom Group witnesses higher profits at AED 639m in 9M-22
Herfy Food Services’ profits down to SAR 69.5m in 9M-22
Al Jouf Cement’s profits shrink 74% in 9M-22 interim results
EGX’s indices close Wednesday in green zone
Tadawul closes Wednesday with negative performance
Saudi, regional entities participate in carbon credit auction; listed firms top bidders
CBI turns profitable at AED 67m to equityholders in 9M-22 results
UAE stock markets close Wednesday with varied performance
AOI endorses mutual cooperation with B.TECH
Yanbu Cement sees higher profits at over SAR 156m in 9M-22
Mashreq Bank's profits exceed AED 2.5bn in 9M-22
FAB logs nearly AED 10.95bn profits to owners in 9M-22