Latest news

Date Title
Egypt's El-Sisi re-appoints Omran as FRA's Chairman
TASI rises on Sunday; NomuC falls
AXA Cooperative’s profits up 12% in H1-21
Egypt currently builds 17 industrial complexes with EGP 10bn
L’azurde records SAR 18m net profits in H1-21
Nile Pharma's profit slides 29% in FY20/21 initial financials
Fitness Time turns profitable in H1-21, to pay SAR 23.5m dividends
Dr. Sulaiman Al Habib logs SAR 644m profits in H1-21; dividends announced
Talaat Moustafa Group's profit grows 23% in H1-21
SEC turns to profits of SAR 7.5bn in H1-21
Egypt's banks, EGX off next Thursday
EIPICO's sales exceed EGP 1.5bn in H1-21
Dubai records 2.5m tourists in H1-21
Saudi Ground Services appoints new CEO
Tasnee turns to profitability in H1-21
Halwani Bros’ H1-21 profits shrink 8%
EMPC logs EGP 78m profit in H1-21
Mopco's profit up 16% in H1-21
Dubai sees 63% higher DED trader licences in H1-21
Abu Qir Fertilizers reports 30% profit growth in FY20/21
Alhokair Group raises SAR 291m through rights issue
Mohamed Farid re-appointed as EGX Chairman
Aramco records SAR 177bn profits in H1-21; dividends announced
Masdar, EDF-led consortium launches Saudi Arabia’s first wind farm
Dubai Customs records 53% higher transactions in H1-21
Aramco is among H1-21 active entities investing in Saudi-based startups – Report
Blom Bank Egypt's shares sold in MTO reach 298.6m
EGX ends Thursday in green; market cap up EGP 3.3bn
Walaa Cooperative incurs losses in H1; net profits shrink in Q2
Bawan’s profits leap 176.5% in H1-21; dividends announced
NI Capital, Egyptian Investment Services, ENPO ink deal to provide investment products
M&A Brief of the Week
TASI closes Thursday in green; NomuC falls
Egypt develops 79 unplanned areas with EGP 2.4bn
SNB records SAR 5.5bn net profits in H1-21
Al Salam Bank – Bahrain sees 50% higher profits in H1-21
Saudi Arabia is MENA’s second largest market in VC funding – Report
Egypt's presidential decree approves EUR 200,000 Spanish grant
UAE stock markets end Thursday in green zone
Fintech startups lead Saudi Arabia’s VC industry in H1 – Report
Dubai's real estate investments hit AED 75bn in 7M
UK moves UAE from red to amber list
Saudi Arabian VC ecosystem surges 65% in H1-21
FRA approves Marseilia's authorised capital raise request
ADIA's units invest in $1.1bn Brazil Development Fund
Egypt's trade deficit widens 10% in May – CAPMAS
Sary tops Saudi Arabia’s funding rounds in H1 – Report
Speed Medical allocates EGP 400m for future investment plan
ADIO partners with Florin Court, Tribe to foster Abu Dhabi's financial sector
BHM Capital reports higher profits in H1-21
Canal Shipping Agencies posts 39% lower profit in FY20/21 initial financials
Egypt implements $14bn refining, petrochemical projects
SABIC turns to profits at SAR 12.5bn in H1-21
Dubai Investments' net profits up 47% in H1-21
Elsewedy Electric's unit inks EGP 190m electrical network contract addendum
GB Auto not to renew distribution agreement with China's Geely
Maharah concludes acquisition of Spectra Support Services
Japan raises grant to Egypt's Abul Rish Children’s Hospital to $19m
Al Rajhi REIT Fund unitholders to obtain SAR 45m dividends
Dubai Aerospace Enterprise records lower profits in H1-21
Saudi Research signs contract with PR firm at SAR 204m annually
DIB increases foreign ownership to 40%
Aramex reports 31% lower profits in H1-21; higher revenues
Eastern Province Cement’s H1-21 profits rise 5%
SIIG turns profitable at SAR 811m in H1-21
CBE likely to keep interest rates unchanged for sixth time in row
Ma’aden turns to profits of nearly SAR 2bn in H1-21
Petrochem turns profitable at SAR 914m in H1-21
Northern Region Cement records SAR 53m profits in H1-21; dividends announced
ANB’s net profits fall to SAR 1bn in H1-21
Zeta Investment cuts stake in Mansoura Poultry
TASI, NomuC decline on Wednesday
Mubadala Capital’s Blue Whale Acquisition sets pricing of $200m IPO
Egypt's net international reserves rise to $40.6bn at end-July
Suez Canal achieves record results despite COVID-19
TAQA nears deal to sell assets in Canada
Aramco raises September crude official selling prices for Asia
DFM ends Wednesday up; ADX down
RAK Ceramics' net profits surge in H1-21; dividends proposed
FRA approves draft law on MSME financial brokerage
Nadec turns to loss in H1, Q2-21
Al Mazaya Holding turns to profitability in H1-21
Al Jouf Agricultural’s net profits decrease 60.5% in H1-21
Speed Medical Company's Chairman announces future investment plan
Remco receives EGP 350m acquisition offer for Empain Tourism Investments
Savola Group registers 39% lower profits in H1-21
Najran Cement’s H1-21 profits rise 28%
Egypt replaces 3k old cars with natgas vehicles at EGP 73m cost
Egypt approves EGP 41m new financing for milk collection centres
Alexandria Pharmaceuticals records 23% lower profit in FY20/21
SABB turns profitable at nearly SAR 2bn in H1-21
Mulkia to distribute REIT fund’s dividend this week
Dubai office market remains strong – Savills
Egypt's hotels forecast to have higher occupancy rates in 2021 - Colliers
Diversified income traded fund unitholders to obtain SAR 8.5m dividends – Al Khabeer
Bank Aljazira to distribute SAR 287m dividends for H1-21
Credit Agricole Egypt's profit grows 9.4% in H1-21
SASCO records 92% higher profits in H1-21
TASI continues to rise on Tuesday; NomuC falls
ADX records longest winning streak in 4M; DFM edges up at Tuesday's close