Latest news

Date Title
Budget to pay 12.5% of capital as dividends for H2
Egypt sends 30 tonnes of medical supplies to India
TAQA completes $1.5bn dual-tranche bond offering
Agthia Group reveals details about Oriongreen acquisition deal
Herfy Food appoints Chairman, Vice Chairman, CEO
Egypt could soon ban single-use plastics amid COVID-19
Egypt-Germany developmental cooperation amounts to EUR 1.7bn – Ministry
Saudi Arabia’s consumer spending rises by 2.1% in Q1
M&A Brief of the Week
Chinese investors interested in Aramco stake
Shuaa Capital names Chairman, Vice Chairman
SABIC’s CEO reveals key priorities in 2021
EGX gains EGP 821m in April amid mixed performance
Saudi Arabia’s non-oil exports down 10.8% in 2020
Etisalat records AED 2.3bn net profits in Q1
Umm Al Qura Cement to pay SAR 0.4/shr dividend
Startup Lounge: Health, edutech investments to flourish after pandemic – Noor Sweid
Halwani Bros’ shareholders approve 12.5% capital hike
Dubai Insurance reelects Chairman, Vice Chairman
Mawani, IBM introduce digital education platform for employees
Savola’s shareholders nod to SAR 400.5m dividends
Egypt inaugurates First Multi-Stakeholder Platform for private sector
Dana Gas shareholders approve 2020 dividends
SIEC reports 51% plunge in net losses during 2020
Amanat exits Taaleem for AED 350m
EGX30 slides below 10,500 pts at Wednesday's close
Misr Capital, Elevate launch $380m healthcare investment platform
Arab Cotton Ginning's standalone profit jumps 107% in nine months
UAE stock markets maintain downward performance on Wednesday
CBD's net profits rise 3% in Q1-21
Minapharm's shareholders approve EGP 2.7/shr dividends for 2020
Egypt’s government debt narrows 20.5% in three years – Maait
Egypt’s exports to Saudi Arabia rise 13% in 2020 despite pandemic
du deploys UAE's first 5G leased line
Egypt announces Labour Day, Easter holidays
Heliopolis Housing's profit sinks 96% in nine months
Saudi Crown Prince unveils five-year achievements under Vision 2030
UAE tops Arab countries on modern financial technologies index
Ekttitab Holding records 101% higher losses in 2020
OIH names new Chairman, approves TWA stake sale
Saudisation in private sector rises to 22.75% in Q1
Palm Hills Developments approves EGP 800m securitisation issuance
GASCO’s board recommends SAR 0.5/shr dividend for 2020
RAKBANK sees decline in net profits in Q1-21
Arabian Centres to distribute SAR 356m dividends
Egypt targets 6-7% economic growth in coming three years – PM
Khalda, Qarun plan over $1bn investments in Western Desert fields
Sadr Logistics to pay SAR 0.5/shr dividend for 2020
Abu Dhabi Ports sets initial guidance for 10-year US dollar bonds
SEC’s shareholders nod to SAR 2.91bn dividends for 2020
GNH completes AED 200m debt restructuring process
DIB reports lower net profits in Q1-21
EFIC turns profitable in Q1-21
Return of Russian tourists to Egypt likely to bring in $3bn annually – Report
Bilateral trade between Egypt, Jordan amounts to $616m in 2020
UAE stock markets close Tuesday's session in red zone
Abu Qir Fertilizers posts 14.5% higher profit in nine months
Saudi Aramco considers selling stake in natural gas pipeline network
Saudi Arabia intercepts boat attack off Yanbu
Suez Canal denies detaining Ever Given crew; compensation talks still ongoing
EGA starts operating Al Taweelah smelter expansion's first section
MSMEDA finances conversion of 9,500 cars to run on natural gas in Q1-21
SAPTCO to offset accumulated losses
EIC’s shareholders approve SAR 0.5/shr dividends
Egypt invests EGP 18.5bn in developmental projects in Sinai, Suez Canal Axis
Al Mazaya Holding turns to profitability in Q1-21
Zahrat Al Waha to pay SAR 15m dividends for 2020
Egyptian Starch and Glucose buys shares of investors against voluntary delisting
Fitch Ratings assigns Abu Dhabi Ports' EMTN Programme 'A+'; outlook stable
Agility to sell global integrated logistics to Danish firm for $4.1bn
Egypt Aluminum's loss declines 66% in nine months
Bahri’s shareholders nod to SAR 1/shr dividend for H2-20
Egypt approves China’s Sinovac vaccine for emergency use
Drake & Scull wins AED 376m contracts in Tunisia, India, Palestine
stc approves SAR 1/shr additional dividends
Egytrans launches logistics incubation program
Batic acquires 40% equity in subsidiary
Ajman Free Zone records 1,717 new companies in 2020
du's annual net profits decline in Q1-21
Heliopolis Developers Group plans EGP 2bn investments in New Heliopolis City
Ministry of Public Business agrees to use 238-feddan lands in residential projects
Egypt upgrades power grid in Suez with EGP 165m
ADIB ranks 1st bank in UAE on Forbes list of World's Best Banks 2021
Ten real estate developers buy Heliopark development conditions booklet
Dana Gas, Crescent Petroleum resume Khor Mor expansion project
Edita's stock drops to all-time low
Egypt to build greener more inclusive economy after COVID - Rania El-Mashat
Delek Drilling inks non-binding MoU with Mubadala to sell stake in Israeli gas field
Cairo Poultry approves renewal of EGP 430m facilities
Abu Dhabi Ports secures $1bn loan
Egypt pays EGP 2.7bn in export subsidies
BP starts operating Raven field of West Nile Delta development
Emirates NBD Capital leads 24 debt capital transactions in Q1-21
Elsewedy Electric's unit inks deal to build EGP 870m control regional centre
Al Babtain ends talks to sell Egyptian unit
Al Mazaya's EGM approves 8.5% capital cut
Egypt targets 6.7% budget deficit in FY21/22
Orascom Construction adds $650m to backlog in Q1-21
CBE offers EGP 13.5bn T-bills on Monday
IHC acquires 40% stake in UAE-based Response Plus Medical Services