Latest news

Date Title
SADAFCO plans to buy back 8.5% of shares
Egypt's electricity makes up 60% of gas consumption
Egypt aims to raise date exports to $100m in four years
Al Naqool concludes establishment of Sadan Industry
e-finance's IPO oversubscribed by 61.36 times
EGX announces Prophet Muhammad’s Birthday holiday
National Fertilizer announces dividend payout date
Eastern Company considers launching reduced-risk smoking products
TASI, NomuC start week in green
Port Said collects EGP 2.8bn customs, taxes in September
Al Kathiri’s unit to set up concrete production plant
Nasr Company for Civil Works awarded EGP 174m deal in Fayoum
Speed Medical inks COVID-19 drive-thru testing contract
UAE tops region in tourism FDI projects in 2016-2020
Palm Hills' board approves EGP 1.1bn securitisation issuance
Savola's unit completes acquisition of UAE's Bayara Holding
United Cooperative’s board proposes capital hike through rights issue
Egypt allocates EGP 109bn for health sector
Aldrees’ profits surge 50% in nine months
Egypt's furniture exports hit $161m in eight months
Eastern Company's profit grows 13% in FY20/21; dividends proposed
GFH announces precondition satisfaction to acquire KHCB
Egypt launches e-Health firm for healthcare digital solutions
Saudi CMA approves public offering of Alistithmar Capital’s equity fund
Abu Dhabi Ports records 21% higher revenues in H1-21
CBE offers EGP 17.5bn T-bills on Sunday
ADNOC Drilling included in three global indices
Sharjah Islamic Bank sees 30% higher profits in 9M
M&A Brief of the Week
EGX30 ends Thursday near 11,000 pts
Egypt's e-invoice system uncovers tax evasion cases amounting to EGP 3.8bn
Saudi Airlines Catering pens SAR 180m deal with Ma’aden
Saudi Arabia registers 46 new COVID-19 cases
Egypt, Greece ink electricity interconnection MoU
UAE, South Korea to pursue Comprehensive Economic Partnership Agreement
Emerald Development raises EGP 57.6m in public, private offerings
TASI, NomuC end week higher
UAE stock markets end Thursday on varied note
ANRPC invests $12m to raise high-octane gasoline output
Mubadala Capital acquires K-MAC Enterprises
Saudi Arabia’s wholesale prices up 12% in September
Egytrans to establish $200,000 firm, rejects Hassan Allam's offer
ADQ inks agreement to acquire remaining 20% stake in Daman
Dubai Chamber inks MoU with Angola-UAE Chamber of Commerce, Industry
Genoa Development launches EGP 456m project in new capital
SADAFCO appoints new CEO
Hadisolb incurs EGP 590m loss in five months
SADAFCO appoints new CEO
UK's Globeleq acquires Egyptian solar plant in Benban
Orascom Construction consortium to build 500 MW wind farm in Egypt
SODIC pens EGP 1.57bn syndicated facility with two banks
Saudi Arabia's inflation rate rises 0.6% in September
Egypt's sovereign fund inks green hydrogen deal with Scatec, Fertiglobe
Egypt's inclusion in JP Morgan index may inject $1bn into gov't debt instruments
Moody's affirms DEWA's 'Baa2' ratings, revised outlook to stable
Mubadala backs fintech company Halo in fundraising round
CBE offers EGP 18bn T-bills on Thursday
Al Akaria's unit inks SAR 432m deal with Diriyah Gate Development Authority
UAE's non-oil foreign trade hits AED 900bn in H1-21
Mashroak finances over 29k projects in Beheira with EGP 2.7bn
EGX30 rises near 10,900 pts at Wednesday's close
Deputy Chairman ups stake in Obour Land for EGP 10m
Emerald Development's public offering oversubscribed by 26.34 times
Dubai Chamber reports 24,800 registered African companies
China to supply Egypt with vaccine materials to produce 250m doses by 2023
Suez Canal Authority inks protocol with Siemens to enhance digital transformation
DFM closes Wednesday up; ADX down
Saudi Arabia targets SAR 6.4trn GDP by 2030
Alexandria Port collects EGP 6.8bn customs, taxes in September
CBUAE, DIFC ink MoU to boost UAE’s FinTech ecosystem
Egypt to sign electricity interconnection deal with Greece on Thursday
Waha Capital's equity fund ranks among world’s top 50 hedge funds
Wafi grants off-plan sales licence to PIF's ROSHN
Etihad raises $1.2bn in first sustainability-linked ESG loan
Target raises stake in Mansoura Poultry for EGP 12.6m
DHL partners with TotalEnergies to develop solar energy project in Dubai
Federation of Egyptian Banks, Tax Authority ink cooperation protocol
Raya Contact Center's board approves capital cut
Shuaa-managed Goldilocks records 158% net return since inception
EFG Hermes' consumer finance platform valU aims to reach 250,000 users by end-2022
IMF upgrades forecast for Egypt's GDP growth
Abu Dhabi launches AED 5bn IPO Fund to support private companies' growth
UAE approves AED 290bn general budget for 2022- 2026
Fertiglobe sets IPO offer price range on ADX
EGX gains EGP 2.7bn in market cap at Tuesday's close
Suez Canal Authority named second largest logistics firm in MENA
Aman Electronic Payment Technology secures EGP 2bn funding in 2021
TASI closes Tuesday's trading session up
Egypt's e-finance sets final price for IPO at EGP 13.98/shr
UAE stock markets close Tuesday in green zone
Edge brings together business leaders to discuss digital transformation
Egypt inks EGP 271m power supply deals for Zayed monorail
Tassnief assigns Al Kathiri Holding 'BBB-' rating; outlook stable
UAE banks' assets hit AED 3.228trn by end of August 2021
Saudi Research completes all conditions to acquire 51% of Thmanyah Company
Egypt's balance of trade deficit down 14.6% in July
Four shareholders exit Nile City Investments
UAE’s Yas Holding inks partnership to manage Al-Azhar University Specialised Hospital
Fawry acquires stake in Sudanese fintech platform in first overseas venture
SEDCO Capital launches two new global passive equity funds