Latest news

Date Title
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
Saudi Arabia's holdings of US treasuries retreat 12% in February
solution records 38% higher net profits in Q1-22 initial results
Sobha Realty eyes 50% hike in sales target for 2022
NMC signs SAR 42m deal to renovate Riyadh Care Hospital
Anaam pens SAR 160m facility deal with Alinma Bank
Al Hammadi secures SAR 365m loan from ANB
Tanmiah names new Chairman, Vice Chairman
EGX ends Tuesday’s session on varied note
TASI closes Tuesday's session down
Egypt's The Food Lab raises $4.5m in funding round
DFM closes Tuesday's session up; ADX down
Taiba Investments' OGM nods to 40% interim dividends for Q3-21
Dr. Sulaiman Al Habib's OGM approves 7% dividends for Q4-21
DFM announces HSBC as 1st international general clearing member
Vodafone raises stake in Ebtikar's units to 10%
Sipchem's net profits surge 162% in Q1-22
NMDC's unaudited profits up 38% in Q1-22
Yamama Cement posts 46% lower profits in Q1-22
Kingdom Holding logs SAR 6bn profits in Q1-22 initial financial
Banque Saudi Fransi partners with Backbase for digital services
Yansab’s profits shrink 32.5% in Q1-22 initial financials
Al Baraka Bank-Egypt to distribute 71.5% bonus shares
TASI closes Monday on positive note
CBE auctions two-type T-bonds at EGP 5.5bn on Monday
Egypt announces Labour Day, Eid El-Fitr holiday
Abu Dhabi adds 80 new economic activities in 2021
UAE stock markets end Monday's session on negative note
NPCC-led consortium wins FEED contract for project in Malaysia
SNB's shareholders nod to 9% dividends for H2-21
NBQ sees 26% higher profits in Q1-22 unaudited financials
Dubai Chambers rebrands, launches new corporate identity
Tadawul announces listing of Saudi Home Loans on Main Market
National Fertilizer to distribute 9% dividends for H2-21
SABB's OGM approves 4% dividends for H2-21
NMDC's unit awarded AED 363m contract for wind farm in Taiwan
Zain KSA records 97.5% higher profits in Q1-22
Misr Hotels repays EGP 371m of NBE's loan
CIB’s consolidated profits soar 48% in Q1-22
Red Sea International’s board proposes capital cut, raise
Consortium including SNC-Lavalin wins advisory contract for ADNOC project
Egypt’s stock market closes Sunday on mixed note
Tadawul’s TASI, NomuC close Sunday on mixed note
SIIG’s board recommends SAR 0.75/shr dividends for H1-22
Chemanol’s profits see 243.5% leap in Q1-22 initial results
Aldrees’ interim profits jump 58.5% in Q1-22
Jarir's estimated profits retreat 6% in Q1-22
Saudi Yaqeen Capital launches DirectFN’s NTP
Makkah Construction turns to profits in Q1-22 initial financials
CBE auctions EGP 22bn T-bills on Sunday
Banque Misr collaborates with Finastra for digital finance services
Alkhabeer Growth’s IPO attracts 595k units in subscription
Online broker FxPro enters Middle East through UAE office
solutions signs SAR 195m contract with stc
MIS renews SAR 500m facility with Al Rajhi Bank
SASCO pens SAR 375m facility agreement with Bank Albilad
Wataniya Insurance’s shareholders approve 100% capital hike
Theeb Rent a Car’s Vice Chairman resigns; Almalik succeeds
Jazadco names new Chairman, Vice Chairman
CBE offers EGP 20.5bn T-bills on Thursday
EGX ends Thursday's session on collective decline
TASI closes Thursday's session on positive note
Mubadala's consortium to invest $525m in India's Tata Power Renewables
ADIC's CEO to retire; Deputy CEO appointed as successor
DFM ends Thursday's session up; ADX down
AAIB partners with Liferay to promote digital transformation
OPay receive CBE's preliminary approval to issue prepaid cards
Zahraa Maadi sees EGP 32m block trading deal
Edita's shareholders approve EGP 0.27/shr dividends
Advance International Communication's board approves 25% capital raise
Fitch Ratings affirms RAKBANK's 'BBB+' rating; outlook stable