Latest news

Date Title
TASI ends Tuesday's session down
Saudi PIF-owned firm raises stake in Egypt’s Rameda
NBF records 44% higher unaudited profits in Q1-22
Moody's revises GCC banking sector outlook to stable
Fasset, SirajPower, Creek partner to offer finance solution for sustainable assets
East Delta Flour Mills eyes EGP 68m profits in FY22/23
CBI turns to profitability in Q1-22 unaudited financials
CMA nods to Ma’aden, Petro Rabigh’s capital hike
UAE stock markets end Tuesday on positive note
S&P upgrades Oman Insurance’s ratings to 'A'; outlook stable
ADCB's net profits up 32% in Q1-22
ElSaeed Contracting's EGM nods to capital cut via treasury share cancellation
Aldar Investment acquires 70% stake in Abu Dhabi Business Hub
Masdar inks MoUs to develop green hydrogen plants in Egypt
Bank Aljazira’s profits hike 16.5% in Q1-22 initial financials
Multiply Group turns to profitability in Q1-22
e& sees 4% higher profits in Q1-22
Raydan Food appoints new Chairman, Vice Chairman
Salam intends selling fiber optics to TLS
DAMAC’s parent company unveils $100m plans to enter metaverse
School fees app zenda secures $9.4m fundraise
Alkhorayef Water seals SAR 196m agreement with NWC
Alkhabeer Growth to start trading on Tadawul this week
Al Fujairah National Insurance’s OGM nods to 10% dividends for 2021
Raydan Food’s CEO resigns; Al Sulami succeeds
SEC plans redemption of SAR 5.73bn Sukuk
MEPCO secures SAR 485m loan from Bank Aljazira
Yanbu Cement sees 47% lower profits in Q1-22 initial financials
Saudi Kayan’s profits shrink 57.5% in Q1-22 initial financials
Tadawul closes Monday on mixed note
UAE stock markets close Monday in red zone
SASCO logs 33% lower profits in Q1-22 initial results
Bahri generates SAR 65m net profits in Q1-22 initial financials
Tadawul closes Sunday on mixed note
Tabuk Cement’s shareholders approve SAR 0.25/shr dividend for 2021
Amwaj International to list 10% of capital on Nomu
GFH to start trading on ADX next month
Elm’s profits soar 48% in Q1-22 initial financials
Dr. Sulaiman Al Habib’s profits up 22.5% in Q1-22 initial financials; dividends proposed
Banque Saudi Fransi records SAR 875m profits in Q1-22 initial financials
Kima targets EGP 426.5m profits in FY22/23
IDH sees 144.5% higher consolidated profits in 2021; dividends proposed
M&A Brief of the Week
EGX closes Thursday in green ahead of next week’s holiday
Fawry posts 8% rise in 2021 consolidated profits; dividends’ halt proposed
Saudi stock market closes Thursday in red zone
Tanmiah’s profits fall 92% in Q1-22 initial financials
Mashreq Bank’s OGM approves AED 1/shr dividend for 2021
Mobily’s profits leap 41% in Q1-22 initial financials
ITFC signs MoU for Saudi SME development programme
Emirates NBD’s profits jump 18% in Q1-22
CBE offers EGP 24bn T-bills on Thursday
DFM, ADX close Thursday higher
Dubai Customs’ Logistics City Centre clears goods worth AED 1.6bn in Q1-22
Bank Aljazira signs 4 deals with Aljazira Takaful
Kaspersky to launch services in Saudi Arabia
Saudi FOODICS secures $170m in Series C funding round
du partners with Huawei to launch development programmes in UAE
Palm Hills raises stake in Incolease to 18%
Arriyadh Development witnesses 25% higher profits in Q1-22 initial financials
GEMMA to pay EGP 0.55/shr dividend for 2021
Al Ramz’s OGM nods to AED 4/shr dividend for H2-21
EGX’s indexes close Wednesday on mixed note
TASI, NomuC close Wednesday on mixed note
Fitness Time turns profitable at SAR 46m in Q1-22 initial financials
UAE stock markets close Wednesday in green zone
EBE's capital hike rights issue oversubscribed 78%
FAB partners with IBM for digital transformation
Microsoft Azure launches new services in UAE
UAE's holdings of US treasury bonds down 8.5% in February
Saudi Arabia's holdings of US treasuries retreat 12% in February
solution records 38% higher net profits in Q1-22 initial results
Sobha Realty eyes 50% hike in sales target for 2022
NMC signs SAR 42m deal to renovate Riyadh Care Hospital
Anaam pens SAR 160m facility deal with Alinma Bank
Al Hammadi secures SAR 365m loan from ANB
Tanmiah names new Chairman, Vice Chairman
EGX ends Tuesday’s session on varied note
TASI closes Tuesday's session down
Egypt's The Food Lab raises $4.5m in funding round
DFM closes Tuesday's session up; ADX down
Taiba Investments' OGM nods to 40% interim dividends for Q3-21
Dr. Sulaiman Al Habib's OGM approves 7% dividends for Q4-21
DFM announces HSBC as 1st international general clearing member
Vodafone raises stake in Ebtikar's units to 10%
Sipchem's net profits surge 162% in Q1-22
NMDC's unaudited profits up 38% in Q1-22
Yamama Cement posts 46% lower profits in Q1-22
Kingdom Holding logs SAR 6bn profits in Q1-22 initial financial
Banque Saudi Fransi partners with Backbase for digital services
Yansab’s profits shrink 32.5% in Q1-22 initial financials
Al Baraka Bank-Egypt to distribute 71.5% bonus shares
TASI closes Monday on positive note
CBE auctions two-type T-bonds at EGP 5.5bn on Monday
Egypt announces Labour Day, Eid El-Fitr holiday
Abu Dhabi adds 80 new economic activities in 2021
UAE stock markets end Monday's session on negative note
NPCC-led consortium wins FEED contract for project in Malaysia
SNB's shareholders nod to 9% dividends for H2-21
NBQ sees 26% higher profits in Q1-22 unaudited financials