Latest news

Date Title
Prices of investment funds including certificates in EGP, USD
ITMAM Consultancy’s net profit rises 16% in 2024, revenues fall
RTA signs AED 6bn agreement with Dubai Holding
Al Rajhi Takaful generates SAR 332m net profits in 2024
Saudi German Hospital’s profits leap 1,554% in 2024
SC Ventures, Visa sign MoU to back MENA’s SMEs ecosystem
Prices of investment funds including certificates in EGP, USD – Updated
Businesses operating in Bahrain benefit from cost advantages in logistics, manufacturing
Marafiq’s revenues jump to SAR 6.8bn in 2024
Delta Sugar’s net profits drop 21% in 2024
CBE auctions T-bonds, floating-rate note on Monday
Ooredoo appoints Acting CEO for Oman
GB Corp records EGP 3bn consolidated profit in 2024
EIPICO’s consolidated profits leap 33% in 2024
PIF-owned SRC inks SAR 3.4bn mortgage portfolio acquisition agreement with SNB
Al Hammadi Holding logs SAR 339m net profit in 2024, to pay dividends for Q4
Fawry’s consolidated profits leap in 2024; revenues hit EGP 5.5bn
Retal’s sales hit SAR 2bn in 2024; dividends for H2 unveiled
GJ Properties unveils AED 4bn development investment in 2025-26
Saudi Tadawul Group sees nearly SAR 622m net profit in 2024; dividends recommended
GASCO sees higher profits in 2024; revenues cross SAR 2.8bn
GIG generates SAR 98m profits in 2024
Prices of investment funds including certificates in EGP, USD – Updated
Elm’s consolidated profits cross SAR 1.8bn in 2024; dividends announced
SAIB unveils 2 key appointments
CBE auctions EGP 75bn T-bills on Sunday
NBF launches NBF Direct App with UAE Pass to improve security
Tawuniya’s profits leap to SAR 1bn in 2024
Emaar Misr records EGP 15.4bn consolidated profits in 2024
Oriental Weavers posts EGP 2.5bn consolidated profits in 2024
Amer Group’s consolidated profits up to nearly EGP 74m in 2024
CI Capital posts higher consolidated profits at EGP 2.2bn in 2024
Telecom Egypt records 14% drop in consolidated profits during 2024
ADNIC to pay 45% dividends, unveils AED 256.5m total payout for 2024
Advanced Petrochemical shifts to losses in 2024; revenue exceeds SAR 2bn
Prices of investment funds including certificates in EGP, USD – Updated
Parkin, UITP join forces to advance parking solutions globally
SABIC logs SAR 1.5bn profits in 2024; revenues down 1%
Palm Hills to develop wholly owned firm in UAE
Checkout.com partners with Mastercard to bolster payment solutions in UAE
Mashreq to foster Egypt’s digital corporate banking landscape via NEO Corp launch
Riyad Bank redeems $1.5bn Sukuk
Riyadh Development’s profits rise 9% in 2024; dividends proposed
AMEA Power boosts renewable energy grid in Egypt via CPAs
Al Yamamah Steel inks SAR 175m agreement with Hyundai
Dubai Taxi inks partnership deal with Dubai Airports
Saudi banking sector records highest-ever quarterly earnings of SAR 20.9bn in Q4-24
Dana Gas mulls AED 385m cash dividends for 2024
stc delivers SAR 24.6bn profits in 2024; special cash dividends recommended
Flow48 fuels MENA’s expansion plans via $69m Series A funding
Prices of investment funds including certificates in EGP, USD
MENA-focused SaaS provider Journify secures $4m funding round
Jamjoom Pharma registers 22% higher profits backed by expansion in Egypt
Saudi Ceramics reports SAR 79m net losses in 2024
EFG Hermes leads $2.8bn marketed offering for ADNOC Gas
CMA approves Gulf Union Al Ahlia’s capital hike for merger with Gulf General
Multiply Group expands in Europe via majority stake in Castellano Investments
Basata raises equity in Jordan’s Madfoatcom to expand regional business
DHL eCommerce enters Saudi market via stake acquisition deal
Sahm Capital empowers investors at CMF Riyadh 2025 Investor Bootcamp
B Capital expands business in Middle East via new office in Qatar
Prices of investment funds including certificates in EGP, USD
ACWA Power sees higher profits in 2024; total investments hit $97.2bn
AD Ports’ Noatum Maritime, Erkport launch JV for global Ro-Ro logistics transportation
DSI secures 2 contracts surpassing AED 1bn
TMG Holding’s consolidated profits leap 332% in 2024; dividends unveiled
Juhayna secures EGP 1bn financing from Emirates NBD-Egypt
Yansab turns profitable in 2024; revenues jump 36%
GAL, Ammroc ink partnership agreement with Saudi defence group at IDEX 2025
ADES Holding records 80.5% higher profits in 2024; dividends announced
Amak’s net profits surge 226% in 2024; dividends for H2-24 proposed
Prices of investment funds including certificates in EGP
Misr Italia secures EGP 4bn contracted sales in January
Nadec’s profits leap 156.5% in 2024 following Arabian Mills’ IPO
Arab Energy Fund supports corporate banking through collaboration with Systems Arabia
Sipchem’s Acrylic Complex enters into SAR 1.3bn refinancing agreements with listed banks
AstroLabs unveils e-book to bridge global IT firms within Saudi sector
Arabian Cement’s profits surge 15% in 2024; dividends for H2 proposed
Alinma Bank unveils API platform upon collaboration with IBM
More details unveiled about Egypt’s largest wind farm by ACWA Power
ADIB inaugurates next-gen universal branch as part of vision 2035
Dubai Chamber of Commerce records over 11% increase in 2024 attestation deals
JIT Trading intends to invest additional $15m in Egypt to meet growing consumer demand
DP World facilitates 1st passenger vehicle export from Ain Sokhna Port to UAE
Dubai Investments unveils strategic MoUs at regional meeting boosting cross-border cooperation
TAQA Arabia’s unit joins DiDi Egypt for strategic partnership to promote CNG
Egypt to have 1st company for EV charging stations upon agreement unveiled at EGYPES
Saudi Arabia now has Riyal symbol; historic move to reinforce currency's identity
Saudi SMEs show optimism towards 2025 upon Mastercard Confidence Index
Saudi Kayan’s 2024 net losses shrink 15.5% amid higher revenue in 2024; accumulated losses decline
Strategic focus on tourism empowers regional mobile operators to leverage 5G as revenue driver – Report
Beltone’s unit enters into EGP 4bn deal for sports project
Prices of investment funds including certificates in EGP, USD – Updated
Final IPO price for Entaj set at SAR 50/shr; implying market cap of SAR 1.5bn
First Mills logs SAR 251m net profits in 2024
ACWA Power acquires $693m assets in Kuwait, Bahrain
Yamama Cement unveils SAR 421m profits in 2024, dividends
SAL’s profits surge nearly 30% in 2024; dividends for Q4 announced
Aramco to own 25% of petroleum firm Unioil within plans to enter Philippines retail market
EFG Hermes KSA to lead major IPOs, deals in 2025 – Interview at CMF2025