Latest news

Date Title
Savola Group reports SAR 485m in H1-22 profits
Egypt’s stock market closes Tuesday down
ArabyAds secures $30m investment in funding round for expansion plans
Chairman of Administrative Capital resigns for health reasons
Tadawul closes Tuesday in red zone
Emirates Stallions takes over strategic stakes in 2 firms
UAE stock markets close Tuesday lower
Egypt-Jordan trade exchange grows 18% in Q1-22
NBK-Egypt sees 9% higher profits in H1-22
Wataniya Insurance pens nearly SAR 54m deal with Saudi Samsung
Egypt, Bahrain trade exchange hits $917m in 2021
Red Sea International secures SAR 35m loan from SABB
Remittances of Egyptian expats near $32bn in FY20/21
Najran Cement announces new Chairman, Vice Chairman
Advance International Communication's shareholders approve 25% capital raise
Kima shifts to profits in FY21/22
Coronation Africa cuts stake in Lecico Egypt for EGP 16.8m
Wafrah’s accumulated losses down to 16% of capital
Elsewedy Electric's profits surpass EGP 2bn in H1-22
Jazadco’s profit jumps 187% in H1-22
Al Akaria turns profitable in H1-22
SASCO’s profits hike 56.5% in H1-22
Saudi APICO to list 20% of shares on Nomu
SAIC logs SAR 58m profits in H1-22 interim results
Apollo acquires 11% stake in Aldar’s subsidiary
EGX’s indices close Monday in red zone
TASI, NomuC close Monday’s session higher
valU takes over fintech company Paynas
CBE offers two-type T-bonds at EGP 8.5bn on Monday
Kuwait Hotels’ unit renews contract to manage Safir Hotel Cairo
UAE stock markets close Monday on negative note
Egypt’s supply ministry signs deals to establish 3 logistic areas at EGP 5bn
Egypt’s President names Sherif Sedky as Egyptian Space Agency's CEO
EBRD could support Egypt with over EUR 1bn on COP27
SPARK pens SAR 40m deal with AlSuwaiket Oil & Gas
RAYA CX to manage Zain KSA’s customers' experience in Saudi Arabia
Egypt’s Armed Forces, SYMX pen deal to establish stem cell therapeutic centre
Sumou Real Estate signs SAR 540m development deal
Aljazira Takaful’s profit levels up in H1-22
Ayyan Investment’s profits shrink 80% in H1-22 interim financials
MedGulf turns to SAR 131m losses in H1-22; accumulated losses announced
Saudi Re's profits tumble 62% in H1-22 initial financials
Saudi Home Loans records 8% higher profits in H1-22 interim results
Jabal Omar posts higher losses in H1-22; accumulated losses hit SAR 1.49bn
Gulf General registers lower losses in H1-22; accumulated losses unveiled
Al Jouf Cement’s CEO resigns; Al Nuhair succeeds
Egypt’s stock market closes Sunday higher
Elsewedy Cement raises stake in MM Group for EGP 11m
Allianz Saudi Fransi records 13% profit growth in H1-22
Tadawul closes Sunday on mixed note
Malath Cooperative’s losses hike 216% in H1-22; accumulated losses announced
RAK Insurance’s CEO resigns; Acting CEO announced
Dur Hospitality turns profitable in H1-22 interim results
Umm Al Qura Cement records lower profits in H1-22 initial results
Arafa's Vice Chairman transfers ownership of 87.57m shares
ACIG names Al Gadhi as new CEO
CBE auctions EGP 23bn T-bills on Sunday
Egypt Aluminum, EMPC reply to news reporting PIF’s potential investment
Arab Developers appoints advisor to evaluate potential IPO of unit
SAIB's board agrees to sell entire stake in Pyramids Paper Mills
EG Bank reports 27% higher consolidated earnings in H1-22
AMOC’s board proposes EGP 45/shr dividends for FY21/22
Cleopatra Hospitals’ profits down to EGP 176.47m in H1-22
Maharah obtains SAR 362.5m loans from Al Rajhi Bank, SABB
SPIMACO swings to SAR 21m losses in H1-22
Consortium including unit of SISCO, Amiantit awarded SAR 400m project
Acrow Misr’s consolidated profits retreat to EGP 56m in H1-22
Waha Capital to sell AED 555m assets
EGX’s indices close Thursday on varied note
TASI closes Thursday’s session down; NomuC up
Palm Hills’ consolidated profits up 13% in H1-22
Emirates to suspend flights to Nigeria as of next month
Crédit Agricole Egypt, Beta Egypt ink cooperation protocol
CBE offers EGP 30bn T-bills on Thursday
Egypt’s President names Hassan Abdalla as CBE acting governor
Ducab powers Uttar Pradesh state's 1st metro line in India’s Lucknow
UAE stock markets close Thursday down
Mansoura Poultry to sell entire stake in Koko for EGP 10m
Egytrans’ EGM agrees selling company headquarters in Alexandria
Maadi Company for Development sells 22m shares in Zahraa Maadi Investment
Mopco’s consolidated profits soar 72% in H1-22
Saudi oil exports grow by 218,000 bpd in June 2022
Othaim Markets’ profits up 30.6% in H1-22; dividends announced
Taiba Investments returns to profits in H1-22
Arabian Centres’ profits rise in Q1-FY22/23 interim results
Al Yamamah Steel records 58.5% lower profits in 9M-21/22
EFG Hermes’ consolidated profits cross EGP 906m in H1-22
AD Ports announces new Acting CEO of Maritime Cluster
EGX closes Wednesday in green zone
Saudi SNS to start trading on Nomu this week
Tadawul closes Wednesday on varied note
Saudi Arabia’s inflation up 2.7% in July; wholesale prices soar 7%
Waha Capital’s CEO Al Mehairi resigns
Alhokair’s profits jump 26% in Q1-22/23; accumulated losses hit 0%
UAE stock markets close Wednesday on positive note
Uber names Hiemstra as Regional Manager for MEA
Amer appointed as Presidential Advisor after resigning from CBE
Misr Cement’s consolidated profits hit EGP 86m in H1-22
Gadwa reports EGP 282m consolidated profits since inception
Amer Group posts lower profits in H1-22 results