Latest news

Date Title
Gulf Union Alahlia’s accumulated losses shrink to 12% of capital
Egypt's headline inflation rises to 5.3% in June - CAPMAS
UAE ranks eighth globally among most cashless economies
United Cooperative receives SAMA’s nod for licence renewal
CBE offers EGP 20bn T-bills on Thursday
CI Ratings affirms Sharjah Islamic Bank's ratings; outlook stable
DP World plans to buy South Africa's Imperial Logistics for $890m
Chemanol announces decrease of accumulated losses
EGX approves capital increase, reduction of several listed firms
MIS, Abunayyan to set up firm for green data centres
TASI closes Wednesday in red, NomuC rises
EFG Hermes gets EGX's approval for listing capital raise shares
UAE banks issue AED 17.3bn bonds in 2020
Alkhorayef Water awarded SAR 132m contract
The MarQ Developments acquires land from TAMEER to build EGP 2bn project
Al Maryah Community Bank receives final approval from CBUAE
MIS’ board proposes SAR 25m dividends for H1-21
Aarna Capital becomes DGCX's general clearing member
Egypt's banks allowed to provide commercial registration, documentation services
UAE stock markets close Wednesday in red zone
TAQA, Abu Dhabi Ports plan to build 2 GW green hydrogen to ammonia project
Arabian Cement expects higher profit on output cut decision
Ever Given vessel to leave Egypt after reaching agreement with officials
Vortex Energy achieves $200m first close for fund to invest in energy transition
Saudi Arabia to host IATA regional office
Egypt announces inauguration of Arab Court of Arbitration
Al Khodari announces changes in capital on court’s nod
Egypt exempts consumer financing services from VAT
Masdar wins tender to build 200 MW utility-scale solar project in Armenia
Dice turns profitable in Q1-21 on higher sales
DP World inks agreement with Petrochem to $80m chemical terminal development
DP World inks agreement with Petrochem to $80m chemical terminal development
Vortex Energy reaches $200m first close for fourth fund - EFG Hermes
Advanced Petrochemical records SAR 265m net profit in Q2
Orascom Investment Holding swings to loss in Q1-21
Mubadala inks agreement to support US-based Procore's expansion in MENA
Egypt-Malaysia bilateral trade hits $503m in 2020
Egypt's net international reserves rise to $40.58bn at June-end
Dubai registers 4m overseas overnight visitors in 11M
Ataa Educational obtains SAR 278m from Riyad Bank
Dubai’s consumer confidence index hits highest level since 2011
Alinma Tokio Marine appoints Chairman, Vice Chairman
Egypt Kuwait Holding's board approves Deputy Chairman's resignation
Majority of GCC consumers likely to opt for digital banking services
City Edge inks mortgage financing protocol with Credit Agricole
Saudi CMA completes securities business licence for Erteqa
EGX loses EGP 13.17bn in market cap at Tuesday's close
TASI falls, NomuC rises on Tuesday
IHC's unit acquires 70% stake in 1885 Delivery Services
Maridive says no deal reached with Al Subeai on subsidiary sale
Al Etihad Cooperative inks renewable deal with Tadamon
UAE's Farnek wins FM contracts for Expo 2020 pavilions worth AED17m
Saudi German Hospital extends deal with Sobhi Batterjee hospital
TAQA Arabia to build two PV stations in Somabay with $4m investment
Saudi Arabia dominates Forbes Middle East’s 2021 asset managers list
UAE stock markets close Tuesday in red zone
Egypt's industrial production rises 8.7% in Q1-20
DAE inks agreements to sell aircraft for $500m
Tanmiah IPO final offer price set at SAR 67/share
Abu Dhabi's $2bn medium-term note programme listed on bourse
GCC markets continue to see gains on higher oil prices – Markaz
Suez Port collects EGP 3.78bn customs, taxes in June
Emirates Development Bank lists $750m bonds on Nasdaq Dubai
Maridive's shareholders approve authorised capital cut
Remco for Tourism Villages considers Empain Tourism Investments stake sale
DMCC registers 1,230 new member companies in H1-21
Iron and Steel for Mines, Kima end dispute over land plot in Aswan
Egypt's non-oil private sector activity nears expansion - PMI
Emaar Properties expects to delist Emaar Malls by end of 2021
CMA nods to increasing Jadwa REIT Saudi Fund’s assets
Orascom Construction adds $1.1bn to backlog in Q2-21
Ithmaar Holding's asset sale to BBK cancelled
Egypt sets up education investment platform with EGP 1.75bn targeted capital
Shuaa Capital eyes establishing $600m SPACs
GO to consider capital restructuring to reduce accumulated losses
Jumeirah Egypt plans EGP 7bn investment in North Coast's project
DIFC enacts new Intellectual Property Regulations
Emaar The Economic City names Piaia as CEO
IHC's unit acquires 100% stake in Spranza Commercial Investment
ENOC renews agreement with Meisheng to distribute lubricants in China
RAKBANK inks MoU with Ajman free zone
Egypt's furniture exports hit $104m in five months
Theeb Rent a Car pens SAR 49m deal with Jahez International
Al Naqool buys land plot for SAR 16m
MIS joins ministry’s initiative for data centres
El-Mashat maps out $25.6bn development funding portfolio
TASI falls on Monday, NomuC rises
Saudi Arabia inaugurates first glass factory in Hail Province
Egypt to produce 2m doses of COVID-19 vaccine in days
Egypt's population rises to 102m - CAPMAS
MIS, Saudi Fransi Capital pen SAR 1bn deal for data centres
Zodiac Development invests EGP 5bn in real estate market
Saudi Arabia’s business growth hits five-month high in June – PMI
UAE’s PMI hits four-month low on material shortages, travel restrictions
Iraqi investments in Egypt hit $500m
Speed Medical's unit pens pre-employment test deal worth about EGP 965m
Egypt’s agricultural exports grow to $1.95bn in nine months
Apache plans more investments in Egypt's petroleum sector
Seera joins forces with Kaden to open hotels across Saudi Arabia
Talaat Moustafa Group's Noor City records EGP 15bn sales in three weeks