Latest news

Date Title
Jabal Omar Development inks deal to restructure SAR 4.7bn loan
Emerald Development’s private offering 190% oversubscribed
Orascom-Hitachi consortium inks deal to connect power grids in Egypt, Saudi Arabia
UAE stock markets close Tuesday in red zone
Saudi non-oil private sector's growth hits seven-year high in September - IHS Markit
ADIB Egypt sees EGP 34m block-trading deal
CBE changes terms of EGP 50bn mortgage finance initiative
UAE Space Agency announces new Emirati interplanetary mission
Egypt, Saudi Arabia ink electricity interconnection contracts
Jadwa REIT Saudi Fund’s unitholders to receive SAR 32m dividends for Q3-21
Pioneers Holding's subsidiaries see block-trading deals on Tuesday
UAE government appoints Yahsat to assess launching two additional satellites
Emirates NBD inks $750m financing facility with Emirates Airline
Arab Cotton Ginning's consolidated loss narrows 68% in FY20/21
EFG Hermes' unit inks EGP 750m sale, leaseback deal with Misr Italia
Al Kathiri Holding intends to issue SAR 500m Sharia-compliant Sukuk
Egypt's PMI drops amid lower output, new orders
UAE continues to see strong economic recovery in September - IHS Markit
Egypt's net international reserves rise to $40.8bn in September
Emirates NBD to establish two additional branches in India
ADNOC, OCI intend to launch IPO for Fertiglobe on ADX
Obour Land reveals updates on EGP 255m Obour Farm
Target raises stake in Real Estate Egyptian Consortium for EGP 121m
TASI closes Monday in green zone
Asmak Co ups stake in Porto Group
EFG Hermes, Microsoft collaborate to accelerate digital transformation
Bupa Arabia receives no-objection from SAMA to establish company
Egyptian startups attract $400m investments in 2021
UAE stock markets close Monday in red zone
Maadaniyah to establish SAR 71m valves factory
Egypt receives 1.6m doses of Pfizer COVID-19 vaccine
UAE's Embosal Steel Mills plans to establish AED 250m steel pipe plant
Talaat Moustafa Group considers expansion in Saudi Arabia, Iraq
CBE announces holiday to mark October War victory anniversary
UAE federal government hires banks to issue first three-tranche dollar bonds
Shareholders cuts stake in Real Estate Egyptian Consortium for EGP 117m
Egypt approves new incentives for industrial sector
Saudi Steel Pipe expects SAR 19m results in Q3-21 from selling unit's assets
Vortex Energy to pump over EUR 625m into Ignis Energy
Amiantit inks SAR 330m loan rescheduling agreement with SNB
Batic completes acquisition of 35.8% of Smart Cities for SAR 108m
Modern Shorouk Printing accepts acquisition offer price
DMCC records 1,800 new companies in 9M
CBE offers EGP 9.5bn T-bonds on Monday
UAE's non-oil foreign trade with Islamic countries hits AED 515bn in 2020
Al Salam Bank – Bahrain inks MoU on potential acquisition of assets from Ithmaar
Alkhorayef Water awarded SAR 61m contract
Target cuts stake in Mansoura Poultry for EGP 30m
TASI ends Sunday in red; turnover almost at SAR 8.5bn
DFM closes Sunday down; ADX up
UAE federal government expected to issue first US-dollar bonds
Egypt builds 194k housing units with EGP 79bn in FY19/20
ADQ, IHC ink AED 112m partnership for 50% stake in Eltizam Group
Alexandria Pharmaceuticals to pay EGP 10/shr dividend for FY20/21
CBUAE issues new guidance on anti-money laundering
Abo Moati opens new showroom with SAR 2m investments
Egypt pays EGP 875m in export subsidies to 456 companies
Porto Group Holding eyes Arab expansion, EGP 1bn investments in three years
UAE reports 184 new COVID-19 cases
SABB Takaful awarded SAR 18m general insurance contract
UAE's non-oil foreign trade with European Union hits AED 190bn in 2020
General Company for Silos appoints new board of directors
Arab Drug's shareholders approve EGP 5/shr dividend for FY20/21
Derayah REIT to distribute 2% dividends for Q3-21
ACWA Power's institutional offering 248 times oversubscribed with SAR 1.12trn orders
Misr Chemical Industries to pay EGP 1/shr dividend for FY20/21
Saudi Steel Pipe's unit closes transaction to sell operating assets
CBE offers EGP 17.5bn T-bills on Sunday
ADNOC Drilling commences trading on ADX
India's Reliance establishes subsidiary for trading oil in UAE
Hitachi ABB Power Grids supports Egypt's largest wind power project
EGX30 ends Thursday above 10,500 pts; market cap up EGP 6.9bn
Saudi Arabia forecasts 7.5% GDP growth, 1.6% budget deficit in 2022
New trading floor at ADX inaugurated
OIH's unit inks EGP 170m deal to renovate Giza Pyramids area
Canal Shipping Agencies' board proposes EGP 0.82/shr dividend for FY20/21
Saudi Arabia's investments abroad hit SAR 4.439trn in Q2-21
DFM closes Thursday up; ADX down
Egypt inks end-of-service deal with Hadisolb's workers
UAE records 265 new COVID-19 cases
Egypt's e-finance sets IPO price range
Noor repays last debt installment to National Industries
Egypt's debt-to-GDP ratio lower than many European countries – Maait
Delta Insurance's shareholders approve EGP 12.6m dividend for FY20/21
Jabal Omar Development raises SAR 517m from land plot sale
Mercedes to supply Egypt with 2,510 ambulances worth EGP 3bn
Saudi Chemical extends MoU with Hellmann Worldwide Logistics
Saudi unemployment rate down to 11.3% in Q2-21
Raydan inks commercial franchise deal with Egypt's Al-Raya Restaurants
Petro Rabigh inks agreement for SABIC to market petrochemicals
FRA approves Arab Dairy Products Co's capital raise
CBE offers EGP 18bn T-bills on Thursday
DFM to extend trading hours to five hours daily
TAQA hires advisors to sell oil, gas assets in Canada
DIFC Academy partners with K2 Integrity to offer eLearning platform in UAE
EGX30 ends Wednesday below 10,400 pts
Anaam International Holding sells Al-Jouf project land for SAR 85m
Middle East Specialized Cables' CEO resigns
Abu Dhabi's real estate transactions hit AED 23.57bn in H1-21
EGX approves listing capital raise shares of Nasr Civil Works