Latest news

Date Title
Alexandria Medical Services Q1 profits rise 138%
DSI turns to profit at AED 115m in Q1; accumulated losses reduced
Emaar Misr posts 114% higher profits in Q1
Egypt offers EGP 18.5bn T-bills on Sunday
Saudi Research’s unit pens deals worth SAR 200m yearly
Taiba Investments, Dur Hospitality consider merger
M&A Brief of the Week
Egypt implements 320 agricultural projects worth EGP 40bn in seven years
Bahri ranks 40th on Forbes Middle East’s top 100 list
Saudi Arabia records 1,286 new COVID-19 cases
EGX30 ends Thursday below 10,000 pts
Ataa Educational’s nine-month profits shrink 61.5%
DP World's P&O Ferrymasters to build warehouse at Genk in Belgium
TASI, NomuC close Thursday in green
Egypt converts 363k cars to run on natural gas – El-Molla
Al Shams Housing's profit inches down in Q1-21
UAE, Saudi Arabia see above 50% rise in finance app installs
ADFD signs AED 367m agreements with Turkmenistan
Egypt invests EGP 1.1bn in upgrading electricity networks in Luxor
UAE stock markets close Thursday on positive note
Islamic insurance growth to remain healthy in GCC – Moody's
UAE registers 114 foreign investment funds in 2020
Ajwa Egypt's standalone loss narrows 13% in Q1-21
Saudi PIF invests in Investcorp-Aberdeen regional infrastructure fund
CBUAE, CBE ink MoU to promote banking supervisory cooperation
FRA approves establishing first SME-focused private equity firm
Chinese company in talks to acquire 10% stake in TAQA
Egypt invests EGP 350bn in improving services in Upper Egypt in six years
Moody's affirms Aldar's Baa2 issuer ratings; outlook stable
Port Said collects EGP 3.2bn customs, taxes in May
Egypt's ministers explore ways to foster human capital investment
Saudi Arabia’s industrial production declines 24% in April – GaStat
Brazilian antitrust body approves RLAM refinery sale to Mubadala
Egypt expects $4bn additional funds following inclusion in FTSE's new index
Alinma Bank announces details of SAR-denominated Sukuk issue
Dana Gas appoints new Chairman, Vice Chairman
Egypt's headline inflation rises to 4.9% in May – CAPMAS
Arabian Shield’s EGM approves 33% capital hike; fluctuation limit announced
CBE offers EGP 17.5bn T-bills on Thursday
Dubai to cut government procedures for doing business by 30%
Emirates REIT sells property in DIFC for AED 40m
Emirates Development Bank closes $750m bond issuance
EGX30 rises above 10,000 pts at Wednesday's close
SACO increases loan value from SABB to SAR 413m
Arabian Pipes turns to loss in 2020; changes to capital proposed
FRA approves Zeta Investment's MTO for Alexandria National Co. for Financial Investment
EGX to launch Tamayoz index within days
Saudi CMA approves Alhokair Group’s capital cut, raise
EGX approves delisting of Nile Cotton Ginning's shares
Alinma Bank to issue SAR-denominated Sukuk
Orascom Financial Holding logs EGP 19m profit by end-March
Hub71 partners with ADIO to grant AED 10m support to startups
TASI ends Wednesday in green, NomuC falls
PIF-owned SAFE endorses security solutions via agreement with Thales
CIRA to buy land for new school in New Rashid City
IDH's board proposes $29.1m dividends for 2020
Dubai non-oil private economy grows at modest pace in May
Egypt’s industrial sector grows 6.3% in FY19/20
DFM closes Wednesday down; ADX up
DEWA completes 92% of AED 23m water pumping station in Dubai
Dewan Architects expands footprint in Saudi Arabia
Majid Al Futtaim partners with Yellow Door Energy to develop solar plant at Bahrain Mall
Talaat Moustafa Group denies reports on launching new real estate firm
Maven Developments to invest EGP 15bn in residential project in North Coast
ADQ offers potential merger between Abu Dhabi National Hotels, ADNEC
Misr Beni Suef Cement's profit slides 37% in Q1-21
Aramco likely to raise up to $4bn with dollar Sukuk
Egypt likely to see 5% economic expansion in FY21/22 – IMF official
Hussain Sajwani's Maple Invest submits AED 935m all-stock offer for Damac
ANB renews partnership with Microsoft Arabia
Assiut Islamic Trading submits voluntary delisting request to EGX
Emirates NBD lists $750m bonds on Nasdaq Dubai
Egypt’s GDP forecast to grow 5.5% in FY22/23 – World Bank
Olive Rock Partners, New York-based Cerberus acquire stake in UAE healthcare provider
Zain KSA tops Saudi Arabia’s 5G services in Q1
Foreign investments in Egypt’s debt instruments register $29bn at May-end
Remittances of Egyptian expats hit $23.4bn in nine months
Dubai saves 5.4 TWh of electricity, 9.9bn gallons of water in 2020
Moody’s affirms Buruj’s rating at ‘Baa2’; outlook changed to ‘Stable’
ENOC extends 25-year partnership with dnata to supply lubricants
UAE's Mubadala joins EIG-led consortium acquiring stake in Aramco Oil Pipelines
Misr Italia to invest EGP 2.3bn in two phases of new capital project
Alexandria National Co. for Financial Investment receives 90% acquisition offer
EGX30 falls below 10,000 pts at Tuesday's close
Egypt to become self-sufficient in sugar by 2022
TASI, NomuC close Tuesday up
Palm Hills closes securitisation bond backed by EGP 1.2bn receivables
Saudi CMA approves IPO of Tanmiah
DP World seeks to foster UAE-China trade ties
Saudi Arabia announces 1,261 new COVID-19 cases
Saudi PIF appoints new deputy governors
FRA approves Kima's capital raise request
SCZone inks deal to build Polish economic zone in Egypt
Fitch Ratings affirms Ras Al Khaimah's IDR at 'A'; outlook stable
UAE stock markets close Tuesday on varied note
ADNOC Distribution receives approval to acquire 20 stations in Saudi Arabia
Dubai property sales in May hit highest value in four years
Shareholders raise ownership in Beltone
Egypt among Africa’s highest growth rates in smartphone market – IDC
GFH's education platform acquires British school in Tunisia