Latest news

Date Title
Development Works Food’s board approves trading on Main Market
United Foods acquires Stratus General Trading, Pal Foodstuff & Beverages
TASI, NomuC start week lower
FRA approves stock split of Ceramica Remas
UAE stock markets close Sunday in red zone
Aramex selects Agility Logistics Park for largest logistics warehouse in Kuwait
Egypt to receive two LRT trains from China in September
UAE allocates AED 24m to create private-sector jobs for Emiratis
Nile Pharma's profit drops 31% in FY20/21 modified financials
Egypt's trade deficit narrows 28% in June – CAPMAS
Etisalat, Emirates Steel, TAQA inks MoUs to join National ICV Programme
Saudi ministers no longer allowed to join firms’ board
CBE likely to keep interest rates unchanged in next meeting – HC Securities
DFM plans to launch three new equity futures contracts
Real Estate Egyptian Consortium considers raising capital, building projects in new cities
Shuaa Capital's CEO buys 58m shares in company
TAMEER swings to profit in H1-21
Amanat acquires CMRC's real estate property for AED 46m
Savola registers SAR 14m in share buyback transaction
Qalaa Holdings posts 21% loss decline in H1-21
CBE offers EGP 10.5bn T-bills on Sunday
Nomu-listed Fesh Fash logs lower profits in H1-21
United Cooperative reduces accumulated losses to 28% of capital
Aramex confirms early discussions to acquire Turkey's MNG Kargo
Dubai Chamber sees 22% higher exports, re-exports in 8M
EGX loses EGP 5.9bn in market cap at Thursday's close
Oriental Weavers reveals impact of export subsidy programme
Kingdom Holding announces buyer of half stake in Four Seasons
Egypt ICF brings about constructive discourse on realising SDGs
CMA approves Aljazira Takaful’s capital raise
DGCX inks MoU with Zimbabwe Stock Exchange's unit to foster commodities trading
Total proceeds of treasury shares sale exceed SAR 1bn – SAIB
Dubai sees quickest growth in non-oil economy in 2 yrs - IHS Markit
M&A Brief of the Week
TASI, NomuC end week in decline
UAE stock markets end Thursday in green zone
Sheeni's loss shrinks 71% in FY20/21
Abu Dhabi Ports, France's CMA CGM ink AED 570m agreement to build terminal
Aramex in advanced talks to buy Turkey's MNG Kargo
Dubai Chamber launches Dubai Smartpreneur competition's 6th cycle
Abu Dhabi tops world's cities in response to COVID-19
Emirates NBD Capital marks first transaction on Burgerizzr listing
Egypt's e-banking transactions exceed EGP 2.8trn in FY20/21
Aramco pens deal with China's Baosteel for Saudi steel plate plant
Egypt aims to invest EGP 244.7bn in transport sector in FY21/22
Saudi Arabia’s industrial production rises 6% in July
Contact Financial Holding's shareholders approve adding promotion, underwriting services
Egypt's presidential decree approves EBRD's grant to renew locomotives
ASCOM's loss narrows 38% in H1-21
Egyptian fintech MNT-Halan raises $120m from regional, global investors
Aramco’s oil pipelines investors could sell $4bn bonds in Q4
Egypt's annual headline inflation rises to 6.4% in August
SASCO announces SAR 18m dividends for H1
CBE offers EGP 20.5bn T-bills on Thursday
National Fertilizer to pay SAR 1/shr dividend for Q2
Al Dhabi Capital launches MENA-focused equities fund
Yahsat selects SpaceX to launch Thuraya 4-NGS
Egypt's current cooperation portfolio stands at $25bn – El-Mashat
ITFC supports members with $605m under COVID-19 Response Program
EGX gains over EGP 2.6bn in market cap at Wednesday's close
Kingdom Holding’s unit to sell equity in Four Seasons for SAR 8bn
Hassan Allam awarded $220m deal for Egypt’s first high-speed train
Banan Real Estate to pay SAR 0.25/shr dividend for H1
Misr Italia awards EGP 400m construction deal to Solid Construction
Misr Oils and Soap's profit plunges 78% in FY20/21
ADNOC, Helmerich & Payne form strategic alliance
TASI, NomuC end Wednesday in green
FRA approves amended price for Modern Shorouk Printing acquisition
DFM closes Wednesday down; ADX up
Nile City Investments reports 61.5% profit drop in Q1-21
Mubasher wins award for feature on digital transformation in Egypt
Dubai’s food and beverage trade with Africa hits $13.9bn in 5 yrs
UAE's real GDP expected to grow 2.7% in 2021 - S&P
Egypt looking to export gas to supply Lebanon with power
Taiba Investments extends MoU with Shuaa Capital Saudi Arabia
Egypt receives first two Innovia 300 monorail trains from Alstom
Suez Customs collects EGP 4.4bn customs, taxes in August
GFH acquires $200m multifamily residential sites in US
Egypt Aluminum puts out fire at Nagaa Hammadi factory
IHC's Eltizam acquires Inspire Integrated for AED 37m
Egypt-Oman trade exchange hits $500m
IHC's unit forms AED 624m joint venture with BGN International
Dana Gas-led consortium inks $250m financing for expansion project in KRI
Edita completes implementing e-invoicing system
FRA considers extending EGX's trading session
Abu Dhabi Aviation submits formal acquisition offer to Falcon Aviation
CMA nods to increasing Jadwa REIT Saudi Fund’s assets
GASCO announces SAR 56m dividends payout for H1
Riyadh Cement to pay SAR 120m dividends for H1
Abu Dhabi sells second dollar-denominated bonds in 2021
SEC obtains $2.5bn revolving loan
DIFC sees 59% higher number of new companies in H1-21
Burgerizzr to start trading on Wednesday
Egypt finances SMEs in Kafr El-Sheikh with over EGP 1.4bn
CMA licenses Dirham Capital’s business activity
Al Naqool inks deal worth $4m with Graphene Ventures Fund
ASCOM's unit still considers adding third production line
Elsewedy's unit pens deals to build three substations with EGP 1.150bn
Riyadh Cement’s H1-21 profits surge 32%
TASI, NomuC close Tuesday higher