Latest news

Date Title
Siemens takes part in Egypt's railway development project
ADFD to finance AED 24m modernisation of project in Mauritania
DP World to invest GBP 300m in new fourth berth at London Gateway logistics hub
Remittances of Egyptian expats hit $31.4bn in FY20/21
Hitachi ABB Power Grids to supply step-up transformers for Al Dhafra PV2 Solar project
New and Renewable Energy Authority reports EGP 2.8bn revenue in FY20/21
UAE's tourism sector expected to boom during Expo 2020
Abu Dhabi Catalyst Partners partners with Vortex Energy for sustainable investments
Pioneers submits request to FRA to register two spin-off firms
SoftBank makes first investment in Saudi-based firm
Khalda makes four new petroleum discoveries in FY20/21
Dubai ranks 11th in residence-by-investment cities for business index
Egypt's Haya Karima seeks to achieve full urban sanitation coverage – PM
ACWA Power could raise SAR 4.5bn from IPO
Kima's rights issue coverage reaches 73.4%
UAE's Gulf Islamic Investments plans to acquire Saudi healthcare company
Wadi Consulting cuts stake in United Housing
Wholesale prices in Saudi Arabia increase 12% in August
UAE's non-oil foreign trade hits AED 1.403trn in 2020
Saudi Arabia’s inflation up 0.3% in August – GaStat
Agthia completes acquisition of Egypt's Atyab
GB Auto uses EGP 147m of capital raise proceeds
EGX ends Tuesday varied; market cap grows about EGP 2.6bn
Zakat authority requests GACO to pay SAR 8m claims
Saudi Arabia announces 96 new COVID-19 cases
CI Capital spends EGP 838m of capital raise proceeds
ADIB partners with DenekB to expand digital payment services
CMA approves Maadaniyah’s capital cut, hike
Price range for ACWA Power’s IPO is set at SAR 51-56/shr
DAE announces early redemption of $488m senior unsecured notes
Elsewedy Electric completes acquisition of International Cables for EGP 410m
Lekela set to deliver Egypt's West Bakr wind farm by 2021-end
UAE's Supy raises $1.5m in pre-seed funding
TASI falls on Tuesday; NomuC rises
Egypt allocates EGP 138.7m in new funding for veal project
UAE stock markets close Tuesday in red zone
Saudi Arabia announces National Day holiday
Egypt inks blue ammonia MoU with Japan's Toyota Tsusho
UK's Witherslack seeks to expand in Middle East after Mubadala's acquisition
Saudi Venture Capital invests in SEEDRA
Egypt seeks to achieve 7% growth rate in three years – PM
Alexandria Container discloses FY20/21 adjusted financials
Aldar-ADQ consortium submits MTO to acquire Egypt's SODIC
Egypt committed to expanding incentive packages for private sector – Maait
Startup Lounge: More VC investors now interested in Africa, Middle East – Nihal El-Chami
Etihad signs deal with Amadeus to deploy next-generation travel technology
Kima's loss slightly narrows in initial FY20/21 financials
Dubai-based startup Yegertek secures funds from NB Ventures
Apollo plans to buy Tasnee’s partially-owned Tronox for over $4bn
SODIC's unit inks deal to develop 280-acre land in North Coast
Barakah Nuclear Energy Plant Unit 2 connects to UAE’s transmission grid
Master Group awards EGP 600m contract to Saudi firm
Nadec obtains land deed for plot in Wadi Al Dawasir
AXA Med completes sale of stake in AXA GCIC to Gulf Insurance
Yanbu to witness establishment of SAR 145m wind power facility
ADX lists Response Plus on Second Market
Mountain View reports EGP 7bn in contractual sales in H1-21
Al Yamamah Steel announces updates on wind power systems plant
SAMA approves change in United Cooperative’s practice permit
Egypt completes rehabilitation of 1,804 of canals in 20 governorates
Al Akaria’s board approves capital hike
Saudi tourism fund, Seera pen agreement for Raghdan complex
HD Bank gets FRA's approval to proceed with capital hike
NBK issues $1bn Senior Unsecured notes; first of kind across CEEMEA
Khalifa Fund launches new project to support startups, SMEs
Saudi Arabia reports 75 new COVID-19 cases
EFG Hermes closes valU’s first securitisation bond offering worth EGP 322.5m
TASI, NomuC rise on Monday
CBUAE issues guidance for LFIs on transaction monitoring, sanctions screening
EGX proposes allowing SPAC listings
Abu Dhabi Ports leases 2m square metres of industrial land in H1-21
Fawry’s board nods for setting up consumer finance firm
Emaar selects Emirates NBD as advisor to sell Namshi
Misr Capital starts receiving purchase, redemption orders for Kol Shahr Fund
ADIA plans to sell two Sydney hotels for $500m
FRA approves Eastern Co's capital cut
Shuaa Capital sells 8m treasury shares
El-Hamra Port handles 82m barrels of crude oil in a year
UAE ranks third in global health, well-being index
EFG Hermes launches fourth virtual investor conference on Monday
Standard Chartered opens green trade finance facility in UAE
Orascom Investment Holding turns to loss in H1-21
UAE banks' investments hit AED 531.8bn in July
Maadi Company for Development cuts stake in Zahraa Maadi for EGP 45m
NBE inks EGP 311m deal with Orascom to finance sound and light show
Saudi Arabia’s GDP growth hits 1.8% in Q2
CBE offers EGP 12bn T-bonds on Monday
ADNOC sets offer price per share for ADNOC Drilling IPO
Sadr Logistics secures short-term loan from ANB
Lulu partners with SirajPower for 1 MWp solar carport installation
EIC appoints Chairman, Vice Chairman
EGX ends Sunday mixed; market cap down EGP 2.5bn
FRA amends EGX's listing regulations
Alexandria Container reveals updates on pier 96 deepening project
CMA nods to Naseej International’s capital hike
National Building logs SAR 25m net profits in H1-21
Egypt to inaugurate EGP 74.8m projects in Sharqia
Recently-listed Burgerizzr records SAR 6.5m profits in H1-21
Thob Al Aseel appoints Chairman, Vice Chairman
Rowad Tourism considers developing part of Red Sea land portfolio