Latest news

Date Title
Saudi Steel Pipe records SAR 14.5m profits in Q1-22
Qassim Cement’s profits down 75% in Q1-22 initial financials
Alinma Bank’s profits jump 28.5% in Q1-22 initial financials
Fitness Time to pay SAR 0.47/shr dividends for Q1-22
Bank Albilad appoints new Chairman, Vice Chairman
Tasnee’s profits fall 5.5% in Q1-22 initial financials
EGX closes Wednesday's session in green zone
TASI ends Wednesday's session up
SAIB’s profits leap 34.5% in Q1-22 interim results
CBD's net profits climb 33% in Q1-22
Al Rajhi Bank reports 24% higher profits in Q1-22 initial financials
SNB logs SAR 4.5bn profits in Q1-22 initial financials
Mashreq Bank's profits hike in Q1-22
Mashreq Bank's profits hike in Q1-22
DFM closes Wednesday's session up; ADX down
Red Sea International wins $14m contract to build complexes in UAE
Red Sea International wins $14m contract to build complexes in UAE
MEPCO's interim profits up 421% in Q1-22
DIB's net profits surge in Q1-22
Alexandria Container’s profits increase 28% in 9M
Q Holding records AED 127.5m profits in Q1-22
RAKBANK posts higher profits in Q1-22
Aldar records rise in Q1-22 unaudited profits
Saudi Cement sees 49% lower profits in Q1-22 interim financials
ANB achieves 12% higher net profits in Q1-22 initial financials
SABB’s net profits rise 3.5% in Q1-22 initial results
Riyad Bank records over SAR 1.5bn net profits in Q1-22 initial financials
Daman Investments raises $120m for expansion plans
EGX ends Tuesday's session on varied note
Yanbu Cement fully owns Yanbu Paper
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