Latest news

Date Title
ACWA Power closes SAR 391.5m deal to sell stake in Shuqaiq IWPP
Oriental Weavers Carpet to open 4 new sales branches
Aramco's board recommends 25% capital raise
MB for Engineering's unit inks deal to operate Revolta Egypt's EV charging stations
Alkhorayef Water’s profits down 9.5% in 2021; dividends announced for H2-21
Cleopatra Hospitals Group's profits up 38% in 2021
CBE auctions EGP 12.5bn T-bills on Sunday
Egypt's national banks invest in Global Ventures' new fintech fund
Nozha International Hospital to raise capital, distribute dividends
Orascom Development Egypt's profits up 130% in 2021
Saudi Chemical records 5% lower profits in 2021
ADIB's OGM approves 31% dividends for 2021
Julphar turns to profitability in 2021
Aramco's profits hike 124% in 2021; dividends proposed
CMA approves IPOs of Al Othaim Investment, Retal
Al Arabia to rent 40 digital billboards for SAR 1bn
EIC generates SAR 49m net profits in 2021; dividends proposed
Umm Al Qura Cement’s profits fall 34% in 2021; dividends for H2-21 proposed
Salama Cooperative Insurance recommends 60% capital cut
Enma Alrwabi’s profits slide 6% in 2021
AXA Cooperative’s board proposes SAR 1/shr dividend for 2021
ADQ, e&'s unit ink deal to acquire 57% stake in StarzPlay Arabia
EGX closes Thursday’s session on positive note
M&A Brief of the Week
TASI ends Thursday's session in green zone
MEPCO’s profits exceed SAR 220.5m in 2021; dividends proposed
Maersk opens 1st integrated logistics centre in Dubai
CMA approves SIIG 's capital hike to acquire Petrochem
Egypt in talks with IMF to secure possible funding amid Ukrainian war
UAE stock markets close Thursday's session on positive note
Binance receives virtual asset license to operate in Dubai
Lazurde turns profitable in 2021; dividends proposed
ADNOC awards AED 2.4bn contracts for cementing services
CBD’s shareholders approve 26% of capital as 2021 dividends
Al Qudra rebrands to Q Holding
Egypt offers EGP 20bn T-bills on Thursday
Sumou Real Estate inks SAR 7m development agreement
National Building announces resignation of Ajeej Steel’s CEO
El-Mashat says Egypt receives $940m development funding for SMEs
Najran Cement’s board proposes SAR 0.25/shr dividend for H2-21
Shaker Group logs SAR 28m net profits in 2021
Scientific & Medical Equipment House awarded SAR 219m contract
Mouwasat achieves SAR 578m net profits in 2021
EGX ends Wednesday's session on collective rise
Alinma Tokio Marine’s losses deepen 672.5% in 2021
TASI closes Wednesday's session in green zone
Damac Properties to raise stake in Damac International Limited
DP World closes deal to acquire South Africa's Imperial Logistics
UAE stock markets close Wednesday's session on positive note
Astra Industrial’s board proposes SAR 1.5/shr dividend for 2021
Walaa Cooperative Insurance turns to losses in 2021
El Nasr Automotive, NATCO to establish Egypt's 1st electric vehicle distributor
SEC’s profits leap 375.5% in 2021; dividends proposed
Google News Initiative launches 3rd Innovation Challenge
Aslak extends deal with Themar for possible acquisition
Orascom Financial Holding logs EGP 102m losses by end-December
HD Bank targets EGP 2bn net profits in 2022
ACWA Power sees 17.5% lower profits in 2021
TAQA's OGM approves AED 5.34bn dividends for 2021
ADNIC's OGM approves 40% dividends for 2021
UAE-based e& in talks to raise stake in Saudi Arabia's Mobily
CMA approves Bahri's capital hike
Jarir names new Chairman, Vice Chairman
SAIC appoints new CEO
UAE ranks 1st in region in overall influence of Soft Power Index 2022
Sadr Logistics’ profits jump 39.5% in 2021
SABB Takaful swings to profits in 2021
EGX closes Tuesday’s session on varied note
TASI closes Tuesday's session in red zone
Al Alamiya turns to losses in 2021
Dubai Wood Show 2022 kicks off
Egypt’s trade deficit down 22% in December 2021 – CAPMAS
UAE stock markets close Tuesday on negative note
Flat6Labs, DisruptAD team up to launch new round of Ignite Accelerator Program
Egypt grants EGP 57bn facility to micro-enterprises - CBE Deputy Governor
Aramex's board proposes 13% dividends for 2021
Memphis Pharmaceutical to obtain financing from ADIB
Edita records 52% higher profits in 2021; dividends proposed
DEWA intends to proceed with IPO on DFM
RAK Ceramics inks deal to acquire Germany's KLUDI Group
ADCB's OGM approves AED 2.57bn dividends for 2021
Alpha Dhabi sees surge in 2021 profits
Dana Gas' board recommends 4.5 fils/shr dividends for H2-21
Nama Chemicals turns profitable in 2021
Elm’s profits leap 85% in 2021
Eastern Province Cement’s profits drop 7% in 2021; dividends announced for H2-21
EGX ends Monday on collective decline
Baazeem’s profits slide 18% in 2021; dividends proposed
TASI ends Monday's session on negative note
UAE's 'Projects of the 50' expected to attract $150bn FDI
Sumou Real Estate’s profits jump 14% in 2021; dividends proposed for H2-12
Sadara Chemical turns to profits exceeding SAR 3bn in 2021
UAE stock markets close Monday's session in red zone
PIF-owned SRC signs SAR 1bn refinancing deal with SNB
El-Molla appoints Abed Ezz El Regal as Abu Qir Fertilizers’ new Chairman
Mubadala’s unit partners with Thales to offer aviation industrial services
Palm Hills to issue EGP 3.25bn Sukuk
Alwasail’s profits leap 10% in 2021; dividends proposed
CBE auctions EGP 16bn T-bonds on Monday
Jadwa Investment launches SAR 3bn real estate growth fund