Latest news

Date Title
Dubai maintains 5th position globally in International Shipping Centre Development Index
CIB, SODIC ink protocol for mortgage finance
Egyptian-South Korean trade exchange hits $1.05bn in H1-21
UAE stock markets close Tuesday in green zone
Saudi Aramco opens first fibreglass steel manufacturing plant
Egypt builds EGP 1bn logistics zone at Alexandria Port
Mashreq Bank opens first representative office in Shanghai
Egypt to automate all tax, customs procedures by March 2022
Dubai sees AED 14.97bn real estate sales transactions in August
Egypt spends EGP 115m in green incentives for car replacement initiative
Mubadala Petroleum partners with Eni to cooperate in energy transition initiatives
Developing Alexandria Seaport to turn Egypt into international trade hub
Gulf Insurance completes acquisition of AXA in Gulf
Zain KSA nods to SAR 3bn deal to acquire stake in towers
Domty inks EUR 2.5m deals to launch new production lines
No agreement reached to acquire Zain-Mobily telecom towers
Etisalat receives approvals to raise foreign ownership limit to 49%
Development Works Food unveils expansion plan
Target ups stake in Mansoura Poultry for EGP 27m
MEPCO renews loan deal with Bank Albilad
ADQ intends to list Abu Dhabi Ports on ADX
Aramex decouples core businesses as part of new operating model
Egypt set to inaugurate Mamshah Ahl Masr Phase I
Saudi Arabia announces 124 new COVID-19 cases
CMA approves licence cancellation for SICO Financial Saudi
Nasr Company for Civil Works awarded EGP 212m contract
Egypt's net international reserves rise to $40.67bn at August-end
Alkhorayef signs SAR 317m deals with National Water Company
IsDB's portfolio amounts to $13bn in Egypt
El-Sisi ratifies law for gas exploration in South Disouq
TASI closes Monday in green; NomuC falls
Egypt tops emerging markets in curbing inflation
EBE's board approves EGP 3bn capital hike
Emaar, Emaar Malls get regulatory nod for merger
Investcorp acquires digital payments platform operator MIR Limited
Six MENA startups raise $125,000 in funding rounds
Egypt aims to vaccinate 40m citizens by 2021-end
Elsewedy Electric, Toyota Tsusho complete four GIS substations in Iraq
ADNOC intends to float minority stake in drilling unit’s IPO
GUPCO's output exceeds 61,000 bpd
EGX halts trading on EBE's shares
Maait says no intention to impose new taxes on EGX's transactions
Speed Medical reveals latest updates on new projects, deals
CBE offers EGP 13bn T-bonds on Monday
Tihama hires financial advisor for capital amendment
Tadawul suspends trading of Fitaihi Holding
CMA nods for Thob Al Aseel’s capital hike
Egypt's clothing trade exceeds EGP 300bn annually
Dice swings to profit in H1-21
CMA approves Arabia Insurance’s capital raise
Saudi Arabia lowers light crude prices to Asia
Al Jouf extends SAR 40m cement sale contract
TAMEER's shareholders approve capital raise
Julphar sells 100% subsidiary Dubai-based Gulf Inject
Kuwait Airways resumes commercial flights to Cairo after one-year halt
Price Range for solutions by stc IPO is set at SAR 136-151/shr
TASI, NomuC start week in green
National International Holding raises ownership in Coast Investment
Tarek Amer among world's top 10 central bank governors for 2021
Egypt launches EGP 650m humanitarian convoy
DFM ends Sunday up; ADX down
Alexandria Pharmaceuticals reports 31% profit drop in FY20/21 modified financials
UAE to partner with 8 major global economies as part of Projects of the 50
UAE seeks to attract AED 550bn foreign investments - officials
Rakta's loss narrows 21% in FY20/21 modified financials
Egypt ranks second in The Economist's normalcy index
DP World, FESCO to consider developing new container berth in Russia
Misr Chemical Industries logs EGP 133m profit in FY20/21; dividends proposed
MESC turns profitable in H1-21; accumulated losses hit SAR 64m
Egypt invests EGP 15.1bn in residential projects in Capital Gardens
DP World introduces ZODIAC training programme to raise supply chain efficiency
Elsewedy Electric's unit inks $16.7m deal to build substation in Ghana
SAIB sells treasury shares at SAR 152m
Saudi Arabia’s PMI declines in August as output index falls
Air Arabia, Lakson Group form joint venture to establish airline in Pakistan
Egypt's PMI rises in August as purchasing posts record expansion
CBE offers EGP 11.5bn T-bills on Sunday
UAE sees second-fastest growth in non-oil private economy in August - IHS Markit
Dallah Healthcare gets SAR 357.5m funding
Union Properties' unit wins AED 18m contracts to manage Expo 2020 pavilions
Saudi Arabia reports 177 new COVID-19 cases
ACWA Power to issue 11% of capital in IPO
Saudi Research pens SAR 252m contract with Taoq Public Relations
Al Khaleej Training signs deals worth SAR 66m with KSU
Dubai completes AED 205m landscape projects on Expo 2020 site
Al Awqaf Egyptian Authority records 17% rise in FY20/21 revenues
TASI, NomuC close Thursday higher
Israel's Delek completes Tamar gas field's $1bn sale to Mubadala
UAE to announce 50 new national projects in September
Abu Dhabi welcomes vaccinated travelers from all countries
M&A Brief of the Week
East Delta Flour Mills sees 5% higher profits in audited financials
IDH records 141% revenue growth in H1-21
UAE's market receives 11% of Egypt's total exports
Mubadala forms $1bn US industrial joint venture with Crow Holdings
BRICS-backed New Development Bank admits UAE as new member
Egypt to auction EGP 20.5bn T-bills on Thursday
TAQA to conduct review of oil and gas business
Final IPO price for Burgerizzr is set at SAR 165/shr
Yahsat selects Spain's GMV to provide control systems to Thuraya 4-NGS Satellite