Latest news

Date Title
EGX ends Thursday mixed
CMA nods for Alandalus Property’s SAR 233m capital hike
FRA considers UAE's Ultra Welfare acquisition offer for Amoun
ANB to distribute SAR 525m dividends for H1-21
Mohammed Hasan AlNaqool Sons' board approves to establish subsidiary
TASI ends Thursday higher; NomuC in red
Fully vaccinated travellers allowed to enter Egypt without PCR test
Saudi Arabia plans for new airport in Riyadh to endorse tourism
Aramco Chairman joins India’s Reliance board
Egypt's engineering exports hike to $1.17bn in five months
Saudi Arabia might develop industrial zone in Oman
Nasr Company for Civil Works approves 35% capital raise
UAE stock markets end Thursday on negative note
Mubadala sells 4.5% stake in Australia-listed Oil Search
UAE, Egypt, Saudi Arabia top Arab countries in FDIs
Egypt’s manufacturing index drops 9% in April - CAPMAS
STARZPLAY Arabia establishes headquarters in Abu Dhabi
Al Shams Housing offers land plots, buildings for sale in public auction
M&A Brief of the Week
Finance companies' assets in UAE hit AED 31.6bn in 2020
Egypt reduces mortgage term for low, middle income citizens
Saudi Arabia’s exports surge 87% in April
Coronavirus-related exemptions to cost Egypt's banks EGP 4.7bn
Iron and Steel for Mines and Quarries posts EGP 5.4m sales in May
Al Kathiri Holding’s EGM approves 25% capital raise; fluctuation limit announced
Mubadala-backed Catalyst Partners plans to raise more capital - CEO
SAIC’s shareholders approve SAR 12.5m dividends for H2-20
IMF approves final tranche of Egypt's $5.4bn loan
Aqarchain to launch UAE's first blockchain platform for real-estate tokenisation
CBE offers EGP 18.5bn T-bills on Thursday
Bank AlJazira starts offering USD-denominated Sukuk
UAE's Mubadala acquires 2.6% stake in EN+
Arkan's board approves Emirates Steel acquisition transaction
Egypt launches book on international cooperation through economic diplomacy
CBE extends waiver on bank transfer fees until 2021-end
Telecom Egypt inks four agreements with Libyan firms
EGX ends Wednesday varied; market cap up EGP 2.6bn
Al Ahly Sabbour Developments plans EGP 2.5bn investments in 2021
Sipchem to close GACI’s plant next month
Saudi Arabia reports 1,253 new COVID-19 cases
Alujain’s subsidiary acquires ownership of four companies
Stanton & Partners Aviation opens international headquarters in DIFC
TASI closes Wednesday higher; NomuC declines
Egypt inks $110m railway signalling contract with international consortium
Aramco extends $10bn loan on improved terms
Sipchem to pay SAR 550m dividends for H1-21
Togo inaugurates AED 221m Mohammed Bin Zayed PV complex
Zeta Investment gets FRA's approval to raise bid for Alexandria Financial Investment
Takween receives industrial investment licence for SAAF
Savola Foods partners with ASRT to integrate R&D with food manufacturing in Egypt
DFM ends Wednesday up; ADX down
MIS-led Saudi Digital Bank obtains licence to operate
UAE's retail e-commerce market hits $3.9bn in 2020
CBK launches Diraya campaign for loan encashment risks
EGA in talks with banks to restructure $6bn loan
Egypt's PM launches Tamayoz index for SMEs
Alkhabeer REIT’s second offering closed with coverage ratio crossing 307%
DFSA poses restrictions on FFA Private Bank Dubai
Egypt’s unemployment rate stands at 7.9% in 2020 - CAPMAS
Raya Holding to raise indirect stake in Makarony Polskie
Investcorp invests in China-based Linkedcare
Production at SAMAPCO resumes – Sipchem
Egypt delays mandatory implementation of ACI system to October
Mubadala-backed tabby raises $50m in debt financing
Al Alamiya renews insurance licence
Egypt remains top recipient of FDI in Africa
Canada's 3iQ lists Bitcoin Fund on Nasdaq Dubai
GASCO’s shareholders approve SAR 37.5m dividends for 2020
Marseilia's shareholders approve capital raise
EGX approves listing Emerald Real Estate Investment's capital raise shares
Moro Hub partners with Intel to accelerate digital transformation at Green Data Centre
SAMA nods for Aljazira Takaful’s capital hike
ASCOM's loss widens 29% in Q1-21
UAE records higher salary levels in Q1-21 - CBUAE
stc pay to become digital bank with SAR 2.5bn in capital
Emirates Development Bank, NBQ sign MoU to offer SMEs AED 10m financing
Egypt inaugurates first waste-to-energy plant in Fayoum
EGX ends Tuesday mixed; market cap grows EGP 4.76bn
Saudi Arabia’s PIF might divest stake in stc
Four companies receive Industrial Innovation Award 2020
Saudi Arabia announces 1,479 new COVID-19 infections
TASI, NomuC continue to rise on Tuesday
Startup Lounge: Tech offers great opportunities for success – Interview with Ahmed El-Alfi
Dubai redeems $500m bond certificates
SABIC’s board proposes over SAR 5bn dividends for H1-21
SAMA renews Al Rajhi Takaful’s practice insurance licence
Dubai issues law to establish Dubai Digital Authority
Lebanese investments in Egypt hit $5bn
GCC listed banks’ CAR increases to 19% in 2020 – KPMG
DGCX partners with Sudan's Financial Markets Regulatory to boost gold market in Africa
Ministry of International Cooperation, Egypt Ventures launch Generation Next forum
Mubadala's GlobalFoundries to build $4bn new fab in Singapore
UAE stock markets end Tuesday in green zone
Egypt says assets backing sovereign Sukuk not to be sold or mortgaged
Fertiglobe partners with TA’ZIZ to join blue ammonia project in Ruwais
Herfy appoints new CEO
Egypt aims to raise agricultural sector's contribution to GDP to 12% by 2024
du partners with DAFZA to launch UAE's first NOC blockchain service
Egypt's E-Tax partners with Microsoft to use AI techniques in tax system
ADNEC launches 'Tourism 365' company to boost Abu Dhabi's tourism sector