Latest news

Date Title
ADQ, Chimera launch UAE’s first SPAC
UAE stock markets end Tuesday on negative note
UAE ranks 14th globally in Kearney’s 2022 FDI Confidence Index
Mopco sees $266.5m block deal
CIB witnesses $911m block deal
Fawry sees $123m block deals
Ibnsina Pharma's OGM approves EGP 0.10/shr dividends
Aldar's shareholders nod to 15% dividends for 2021
Dubai Investments divests 50% stake in EMICOOL
Yahsat's OGM approves AED 193m dividends for H2-21
DEWA records higher profits in 2021
Salam partners with Nokia for digital infrastructure in Saudi Arabia
SAMA gives nod to United Cooperative’s capital hike
Almunajem Foods’ interim profits see 232% jump in Q1-22
SIIG 's shareholders approve capital increase
SIIG’s acquisition of Petrochem comes into effect
Misr Italia, ASASS pen construction agreement for IL BOSCO projects
Saudi SAMI inks JV agreement with Boeing
Egypt’s Sprints raises $1m to expand tech skills across MEA
CBE auctions two-type T-bonds at EGP 6bn on Monday
EGX closes Monday on collective decline
TASI closes Monday's session in green zone
UAE stock markets close Monday on positive note
SAIB's shareholders approve capital increase
Dar Alarkan redeems $500m Sukuk
Dubai records 58% higher new business licences in Q1-22
Binance receives in-principle approval from ADGM
Investcorp launches 1st institutional blockchain fund in GCC
Dubai's non-oil economy sees strong growth in March - S&P Global PMI
eXtra sees 20% higher estimated profits in Q1-22
Port Said collects EGP 3.15bn customs, taxes in March
Alexandria Pharmaceuticals’ profits retreat 25% in 8M-21/22
Schneider Electric unveils digital plans in Sharm El-Sheikh ahead of COP27
EGX closes Sunday on collective decline
TASI closes Sunday's session in green zone
Wafrah names new CEO
Response Plus opens new health tech training centre in Dubai
Arab for Development's EGM approves capital raise via bonus shares
Advanced Petrochemical’s estimated financials see 4% lower profits in Q1-22
Alhokair’s names interim CEO
Almarai's interim financials record 9% higher profits in Q1-22
CBE offers EGP 24bn T-bills on Sunday
Edita plans to inject EGP 1bn investments in 3M
Egypt's annual inflation climbs to 12% in March – CAPMAS
Al Ramz appointed as liquidity provider for RAK Ceramics
IHC to invest AED 7.3bn in Adani Group’s green portfolio
FAB prices CHF 200m green bonds in Swiss Franc market
UAE-based EGA, Saudi Ma’aden endorse tech cooperation
Ladun Investment seeks listing on Nomu
El Arabia for Land Reclamation targets EGP 2.5m profits in FY22/23
Alkhabeer Growth’s IPO attracts 470k subscribers
Al Khaleej Training extends deal with Al Faisaliah for possible acquisition
Kandil Glass raises offer price to acquire glass manufacturer NG
M&A Brief of the Week
Agthia Group's OGM approves 8% dividends for H2-21
EGX ends Thursday's session on collective decline
TASI closes Thursday's session on positive note
Local Development Fund grants EGP 160m loans to micro, small enterprises
DFM closes Thursday's session up; ADX down
Afreximbank launches $4bn Ukraine Crisis Adjustment Trade Financing Programme
CBE auctions EGP 19bn T-bills on Thursday
Reem Investments considers delisting from ADX
EFG Hermes' board nods to capital raise via bonus shares
Abu Dhabi sees 21.5% rise in new economic licenses
DIFC launches world’s first venture studio launchpad
valU partners with Oppo to provide instalment services
Heliopolis Housing to sell land in New Heliopolis for EGP 1.73bn
Air Arabia Abu Dhabi introduces new route to Pink city
Dubai Chamber initiates UAE Pharma Business Group
ADAFSA develops platform to improve food security in Abu Dhabi
Saudi Re’s board recommends SAR 445.5m capital hike
DAE closes $1bn credit facility deal
EGX closes Wednesday's session in red zone
TASI ends Wednesday's session up
UAE's FDI inflows hit AED 76bn in 2021
UAE stock markets close Wednesday on negative note
DEWA sets final IPO price at AED 2.48/shr
Deyaar considers capital cut to AED 4.37bn
Remco sees 3% higher losses in 2021
Petrojet's revenues hit EGP 34.2bn in 2021
Mopco's OGM approves EGP 10/shr dividends for 2021
Abu Dhabi's non-oil real GDP grows 4% in 2021
e&'s shareholders nod to AED 0.4/shr dividends for H2-21
Saudi Chemical takes over Eli Lilly’s Cialis in Saudi Arabia
SEC completes redemption of $1.25bn Sukuk
B Investments to sell entire stake in Giza Systems to Saudi solutions
solutions by stc acquires majority stake in Egypt's Giza Systems
Alinma Tokio Marine renews SAR 30.5m insurance deal with Abdul Latif Jameel
CMA approves Wafrah’s SAR 154m capital raise
Saudi MESC appoints new CEO
SPIMACO names new Chairman, Vice Chairman
Egypt’s manufacturing index dwindles 2% in January – CAPMAS
ACWA Power signs $900m contract for NEOM green project
EGX closes Tuesday on collective decline
Aldar acquires land on Saadiyat Island for AED 3.68bn
TASI closes Tuesday's trading session up
AD Ports inks deal with ADNOC L&S to operate polymers storage hub
GFH appoints new Chairman, Vice Chairman
DFM ends Tuesday's session down; ADX up
Egypt implements EGP 9.6bn projects to develop health, housing sector