Latest news

Date Title
Egypt invests EGP 160bn in housing, utility projects in seven years
Emirates Development Bank partners with RAKBANK to support SMEs
ADX to list Etisalat's EUR 1bn bonds
Aldar Properties gets deadline extension to submit SODIC’s acquisition offer
Air Arabia Egypt adds route to Al Jouf
ADCB receives amended binding offer from TAT for stake in Alexandria Medical Services
Egytrans records 98% lower profit in Q1-21
Egypt cuts petroleum imports by 35% – El-Molla
du partners with Philips to accelerate digital transformation in UAE's healthcare
ITFC's total funding to Egypt reaches $12.5bn
Two-thirds of Saudi workers would pursue different career path – Report
Egypt’s e-government receipts hit EGP 92bn
UAE placed among top 20 countries in 13 transport indices
Zahrat Al Waha fully repays loan from Alinma Bank
Emirates Development Bank gives initial price outlook for US dollar bonds
du appoints new CEO
Egypt receives 500k doses of China’s Sinopharm vaccine
Saudi Arabia’s daily COVID-19 cases surpass 1,000 mark
Ahmed Ezz raises stake in Ezz Steel
Fitaihi Holding receives CMA’s nod for 50% capital cut
Cost of Jubail project is raised to SAR 750m – BCI
FIPCO to obtain SAR 74m from Riyad Bank
EGX ends Monday varied; market cap gains EGP 3.39bn
TASI, NomuC close Monday in green
ITFC launches first training programme for exporters entering African markets
MIS, Saudi Fransi Capital set up fund at SAR 3.5bn target size
FAB Properties partners with Emirates International Gas for gas supply
Telecom Egypt inks amended shareholder agreement with Vodafone
UAE stock markets end Monday on positive note
Lenovo acquires 31.8% market share in Egypt
Essam Sadek named Chairman of Memphis Pharmaceutical
RTA inks MoU with China's company to develop suspended railways in Dubai
CBK issues more debt instruments worth KWD 280m
EBE targets EGP 844m profits in 18 months
Abu Qir Fertilizers awards technical, feasibility study contracts to TKFT, Nexant
Dubai Chamber partners with eBay for UAE businesses to expand globally
Alkhabeer REIT acquires educational, industrial assets in Jeddah
Elkuwaiz to chair Saudi CMA for four more years
Dubai Customs records 71% higher transactions at Jebel Ali Centre in 4M
Saudi insurance sector exceeds SAR 100m in net income in Q1
Egypt to establish sovereign Sukuk management firm
Ezz Steel sees EGP 1.68bn block-trading deal
Air Arabia launches region's first service to Thailand's Phuket
Arafa swings to loss in annual financials
SEC says CEO resigns, Al Gnoon assumes position
S&P assigns Emirates Development Bank 'AA-' issuer rating; outlook stable
Juhayna Food Industries records 34% higher profit in initial 2020 financials
SAMA approves MedGulf’s capital hike to SAR 1bn
MM Group's profit grows 22% in Q1-21
Aramco starts issuing USD-denominated Sukuk
Marseilia reports four-fold surge in Q1 profit
Dubai-based startup raises $20m in seed funding
CBE offers EGP 13bn T-bonds on Monday
Emirates REIT rescinds consent solicitation for new secured Sukuk
Shuaa Capital, Goldilocks Fund sell stake in Khaleeji Commercial Bank
Adel Taha Abdel Wahab named Chairman of Kahira Pharmaceuticals
El-Sisi approves final account of FY19/20 budget
Misr Life Insurance Liquidity Fund oversubscribed at EGP 471m
Rubex International’s Q1 losses shrink 87.5%
EGX loses EGP 9.3bn in market cap at Sunday's close
TASI falls on Sunday after eight sessions in green; NomuC down
UAE residents allowed to travel to 19 quarantine-free countries
Talaat Moustafa Group launches EGP 500bn housing project
Saudi Arabia records 984 new COVID-19 infections
Dubai's electricity capacity hits 12,900 MW
FRA studies Emirati firm's offer to acquire Alexandria Medical Services
Bahrain leads GCC banks in 2020 dividend cuts – Report
UAE federal bank plans to sell second international bonds
DFM ends Sunday down; ADX up
Suez Customs collects over EGP 3bn customs, taxes in May
Abdel Rahman Ali named Chairman of Nile Pharma
Emaar Properties sees 250% YoY higher property sales in 5M
Egypt builds EGP 3.8bn developmental projects in Menofia in two years
Fitch assigns ADNOC's $1.195bn exchangeable bonds 'AA' final rating
Egypt’s trade deficit narrows 25% in March – CAPMAS
Bank of Sharjah reports AED 176m consolidated profits in 2020
L'azurde announces rights issue duration for capital raise
Ataa Educational extends MoU with Arabian Education
Cleopatra Hospitals Group's profit grows 23% in Q1-21
Egypt issues executive regulations of unified tax procedures law
Limitless' settlement offer to Deyaar amounts to AED 500m
Amer Group's profit jumps 1,870% in Q1-21
ENBD REIT records 17% YoY lower net asset value; dividends proposed
CBE offers EGP 18.5bn T-bills on Sunday
Saudi Arabia, UAE lead Forbes Middle East's top 100 listed companies for 2021
Emaar denies hiring banks for US dollar Sukuk issuance
Egypt overviews achievements in petroleum sector in seven years
TASI rises for eighth session in row on Thursday; NomuC up
EGX ends Thursday mixed; market cap loses EGP 2.6bn
United Cooperative to partially offset accumulated losses
Egypt’s international reserves rise in May for 12th month in row
Saudi Arabia announces 1,261 new COVID-19 cases
Moody's affirms Dubai Aerospace's Baa3 issuer rating; revises outlook to stable
GB Auto acquires Changan's sole distributorship
SIIG to distribute SAR 225m dividends for H1
Saudi Arabia’s M3 money supply jumps SAR 169bn in April
Bank of Sharjah's OGM approves $1bn securities issuance
EGX executes EGP 1.9m deal on ODE's shares
Kingdom Holding approves dividends worth 5% of capital
El-Mashat discusses bilateral relations with Russian President’s Advisor