Latest news

Date Title
SABB achieves SAR 3.2bn profits in 2021
GASCO inks SAR 29m deal to acquire stake in Best Gas Carrier
BHM Capital sees higher profits in 2021
Air Arabia's net profits hit AED 720m in 2021; dividends proposed
Saudi Watheeq changes name upon regulatory nod
Shuaa Capital's net profits down 68% in 2021
Nile City Investments' consolidated net profits down 21% in 9M-21
Fawry Microfinance’s loan portfolio surpasses EGP 1bn
AXA Cooperative achieves SAR 167m net profits in 2021
Eastern Company's net profits up 15% in H1-21/22
EGX’s indexes fall on Tuesday
Saudi stock market closes Tuesday higher
Delta Insurance posts EGP 140m consolidated net profits in H1-21/22
Waha Capital’s net profits up 69% in 2021; board proposes 7.5 fils/shr dividend
UAE stock markets close Tuesday in green zone
Elm to start trading on Tadawul on Wednesday
Rak Properties’ profits hit AED 201.5m in 2021
Tanmiah’s net profits down 82% in 2021
Kahira Pharmaceuticals' net profits up 22.5% in H1-21/22
Al Rajhi Bank posts SAR 14.7bn profits in 2021
Saudi Steel Pipe wins SAR 81m supply contract for Saudi Aramco
Saudi Steel Pipe wins SAR 81m supply contract for Saudi Aramco
EGX closes Monday’s session in red zone
TASI, NomuC close Monday in green zone
CBE auctions EGP 11.5bn zero-coupon T-bonds on Monday
UAE stock markets close Monday’s session on mixed note
Apollo commits $1.4bn to Aldar for transformational growth initiatives
CBE auctions EGP 4.5bn T-bonds on Monday
BinDawood’s subsidiary pens non-binding MoU to acquire stake in IATC
EGX’s indexes fall on Sunday
Tadawul closes Sunday in red zone; all sectors decline
GASCO’s unit considers gas distribution services for Saudi NHC
Price range for Al Dawaa Medical Services IPO set at SAR 65-73/shr – GIB Capital
CBE offers EGP 11bn T-bills on Sunday
Tihama receives regulatory nod to SAR 125m capital cut
Alkhorayef Water signs SAR 77m deals with NWC
Tihama's net losses down 18% in 9M-21/22; accumulated losses cross SAR 141m
Al Akaria inks SAR 120m contracting agreement with Al Ojaimi
Arabia Insurance to provide Al Hokair Group with insurance services
M&A Brief of the Week
UAE's Micropolis Robotics raises $4m in seed round
Chemanol’s board withdraws capital raise request to CMA
Ma’aden completes 3rd ammonia plant's construction
Arabian Centres records 9% lower profits in 9M
EGX closes Thursday in decline
TASI closes Thursday's session on positive note
Riyad Bank raises $750m in USD-denominated Sukuk issue
EGAS to drill 13 exploration wells in Mediterranean, Delta in FY22/23
DFM, ADX close Thursday in green zone
Sumou Real Estate pens SAR 44m development contract
Arab Cotton Ginning's unaudited standalone profits down 30% in H1-21/22
Elm concludes retail subscription of IPO at SAR 12.09bn – Riyad Capital
Egypt's natural gas exports hit 3.5m tonnes in H1-21/22
Abu Dhabi Aviation sees rise in 2021 profits
CBE offers EGP 19bn T-bills on Thursday
Agthia reports surge in 2021 profits; dividends proposed
Egypt's annual inflation rate rises to 8% in January
ADNIC records 8% higher profits in 2021
Tabreed inks AED 22m deal to construct district cooling assets in Egypt
Aramex's profits retreat 15% in 2021
GFH posts 87% higher profits in 2021; dividends proposed
AFG announces Tibbiyah's IPO price at SAR 82/shr
Arab Sea sets up cloud computing subsidiary
Riyad Bank commences US dollar Sukuk offering
Tatweer Misr seeks to inject EGP 3bn investments in 2022
EGX’s main index rises on Wednesday
AlAhli REIT Fund (1) to pay SAR 48m dividends for 6M
Egypt records $5.5bn development financing with World Bank
TASI, NomuC fall on Wednesday
Qassim Cement's net profits down 30% in 2021
Egypt's Thndr secures $20m in funding round
UAE stock markets close Wednesday in green zone
CBD posts 29.5% higher profits in 2021; dividends proposed
Dubai International Chamber sets 3-year strategy to attract multinational companies
Dubai's non-oil private sector slows down in January amid Omicron wave
FAB announces non-binding offer to acquire majority stake in EFG Hermes
Elsewedy Electric records 15% higher consolidated profits in 2021
DIB prices $750m Sukuk issuance
Aldar posts 21% higher profits in 2021
Dana Gas turns to profitability in 2021
Raoom Trading's offering on Nomu concluded at SAR 80/shr – Wasatah Capital
Alhokair turns to profitability in 9M-21/22
CMA approves Bank Albilad's capital raise through bonus shares
Qassim Cement’s board proposes SAR 54m dividends for Q4-21
Othaim Markets' profits down 32% in 2021
Bank Aljazira to pay SAR 287m dividends for H2-21
EGX’s indexes close Tuesday on mixed note
Mastercard expands business intelligence platform in Middle East, Africa
SAIB registers 8% higher profits in 2021
Saudi stock market closes Tuesday on mixed note
Austria's SAN Group to establish AED 12m biotech facility in Ras Al Khaimah
UAE stock markets close Tuesday in green zone
EGX executes public, private offerings on Macro Group at EGP 1.28bn
Nozha International Hospital's board approves EGP 26m capital raise
Egypt's petrochemical exports hit $6.7bn in 2021
Aldar Properties awards AED 8.5bn contracts in 2021
Zahraa Maadi's OGM approves EGP 264m capital increase
Dubai Insurance sees higher profits in 2021; dividends proposed
Abu Dhabi Ports reports AED 845m profits in 2021
IHC's unit invests AED 1.2bn in Abu Dhabi Ports ahead of IPO