Latest news

Date Title
FRA reveals final list of potential buyers of Alexandria Medical Services
Mubadala to shift investments to technology, disruptive industries - CEO
Egypt to receive 500k doses of Sinopharm vaccine in April
CBE issues new mobile wallet regulations
Yamama Cement moves seventh line to Al Kharj
Egypt among few economic with positive growth amid pandemic – Fitch
CBUAE extends economic stimulus package until mid-2022
Dana Gas receives $53m year-to-date from KRI collections
Petrojet, Spain's TR ink MoU to manufacture heat transfer equipment in Egypt
Makkah Construction’s shareholders nod to non-distribution of dividends
Yamama Cement names Chairman, Deputy Chairman for new term
Alkhorayef Water pens SAR 38m deal with Riyadh Airports
Emirates NBD reports higher profits amid improving economic conditions
Emirates Islamic records 37% higher net profits in Q1-21
UK mulls creating new digital currency
EGX ends Monday in green on local, Arab purchases
Gold prices in Egypt rise EGP 7/gram on Monday
Microsoft to invest $1bn in establishing data centre in Malaysia
UAE stock markets close Monday's session in red zone
Egypt explores possibility to locally manufacture Sputnik V vaccine
G42, Israel's Rafael ink agreement to form AI, big data technologies joint venture
Egypt plans EGP 1.25trn investments in FY21/22
Abu Dhabi to launch two infrastructure public-private partnership projects
United Housing's board proposes capital cut
DGCX launches Pakistani Rupee Futures Contract
Saudi unemployment rate declines to 12.6% in Q4-20
Arriyadh Development approves 6.5% dividends for H2-20
UAE banks record 3% YoY higher assets in February
Dice swings to loss in 2020
Rameda's shareholders approve capital raise via bonus issue
Abdullah Al Othaim joins consortium to acquire firm
CBUAE's foreign assets hit AED 385.17bn in February
Canadian companies show interest in Egypt's mining sector
TAQA hires banks to arrange dual-tranche bond issuance
CBE offers EGP 16.5bn T-bonds on Monday
Shams’ board recommends SAR 34.5m capital cut
Dubai sees quarterly improvements in residential capital value in Q1-21
UAE placed among world's top countries in 18 energy indices during 2020
EGX ends Sunday in green despite market cap falling EGP 7.6bn
Mashroak finances projects in Beni Suef with EGP 1.3bn
Almarai’s results likely to hover at low-single digits in 2021 – Aljazira Capital
Egypt’s holding of US Treasuries remains steady for third month in row
Hesham Gohar named CEO of CI Capital
Dubai's CPI down 4% YoY in March 2021
Egypt invests EGP 385m in developing power grid in South El-Sharkia
Saudi insurance sector’s net income shrinks 69% in Q4-20 – Aljazira Capital
DFM closes Sunday up; ADX down
ASCOM's loss widens to EGP 72m in 2020
DP World explores quantum computing technology power in logistics, trade
Egypt issues 511 export subsidy certificates worth EGP 2.4bn
Saudi Arabia administrates over 7m COVID-19 vaccine shots
ADIB executes 60 blockchain-powered trade transactions
Mubasher obtains licence to provide underwriting, promotion services
Al Mahroos partners with Toro in Saudi Arabia, Bahrain
Egypt launches second pilot phase of ACI system
Salama's OGM approves 8% dividends for H2-20
Al Baraka Bank-Egypt's shareholders approve capital hike via bonus issue
Saudi Arabia’s holdings of US treasuries down 28% in February
UAE's holdings of US Treasury bonds jump 50% MoM in February
Saudi Al Borg opens new branch, eyes expansion
Cleopatra Hospitals Group not to pay dividends for 2020
Saudi Arabia applies minimum wage raise for citizens in private sector
Saudi Kayn’s olefins plant resumes operations
Alexandria Container’s profit edges down in nine months
Ministry of Local Development aims to finance 30k micro-enterprises in five years
S&P Global Ratings assigns Oman Insurance positive outlook
EIC buys CG Power Belgium’s assets for EUR 5m
CBE offers EGP 18.5bn T-bills on Sunday
Sharjah Islamic Bank records 7% higher profits in Q1-21
Ayyan Investment acquires stake in Al Ahsa Medical Services
UAE's first fully integrated digital bank forms founding committee
Sharjah Insurance's shareholders approve 7% dividends for 2020
EGX ends Thursday mixed
M&A Brief of the Week
Egypt's strategic reserve of key commodities enough for four months
Fitch assigns Saudi Real Estate Refinance first-time 'A' IDR
Asmak ups stake in Porto Group Holding
UAE registers 1,928 new COVID-19 cases
Dubai International Airport records 6m passengers in Q1-21
Jarir’s TP raised to SAR 231/shr on expansion
CIRA logs EGP 246m profit in six months
Riyad Capital partners with BNP Paribas Securities for asset services
Deyaar reports higher profits in Q1-21 preliminary results
IMF expects MENA real GDP to grow 4% in 2021
Aramco’s oil pipeline investors to refund loans with bonds in 2022
Al Akaria liquidates Alinma Fund within two months
El-Sisi approves EUR 1.88bn loan for monorail lines
RAK Insurance approves 8% dividends for 2020
SODIC hires financial advisors to study acquisition offer by Aldar Properties
Tadawul announces fluctuation limit for Aldrees
Saudi wholesale price index up 8.7% YoY in March
DIB closes lowest pricing on $500m Sukuk issuance
Al Ahly Capital trims stake in AMOC for EGP 24m
Saudi Arabia’s inflation registers nine-month low at 4.9% in March
UAE's Tristar Transport to withdraw from planned IPO on DFM
Aldrees’ shareholders approve SAR 150m capital hike
Taaleem's profit grows 18% in six months
US-based Silver Lake invests in Abu Dhabi's G42
CBE offers EGP 17.5bn T-bills on Thursday
Batic seeks SAR 300m capital raise