Latest news

Date Title
Saudi finance ministry launches e-portal for individual services
EGX ends Sunday in green; market cap grows EGP 6.2bn
QNB Al Ahli reports 5% higher profit in Q1-21
AlAhli Takaful, Arabian Shield enter into MoU for potential merger
EGX approves Fawry's rights issue
Saudi Paper to obtain SAR 50m loan
TASI closes Sunday in red; NomuC rises
Egyptian expat remittances grow $1.7bn in seven months
UAE's Mubadala in talks to join $12.4bn Aramco oil pipeline deal
Egytrans considers foreign expansion, addition of new activities
Chubb Arabia’s board proposes non-distribution of dividends
IATA renews accreditation of Saudi Academy of Civil Aviation
SCZone inks EGP 10bn syndicated loan agreement with six banks
Dubai Chamber members record 24% higher exports, re-exports in March
Dubai’s foreign trade hits AED 1.182 trn in 2020
UAE stock markets keep upward performance for second consecutive session
Advanced Petrochemical announces resumption of two plants
Arab Drug's pre-tax profit rises 10% in nine months
October Pharma's shareholders approve dividends, delay bonus issue
CBE to introduce instant payment module, soft POS in 2021 - Deputy Governor
Raya Contact Center's board approves capital cut via treasury stock cancellation
Speed Medical's unit inks alliance deal to acquire Alexandria New Medical Center
Amiantit’s accumulated losses shrink to 23% of capital
GB Auto's unit to cut stake in MNT Investments for EGP 353m
Egypt's sovereign fund releases info for Mogamma El Tahrir development
Aramco signs $12.4bn deal with EIG-led consortium
ADIB deploys IBM hybrid cloud solutions to accelerate digital transformation
EGX announces trading hours during Ramadan
SAMA approves Arabian Shield’s SAR 100m capital raise
Beltone announces future development plan
Dubai's input price inflation hits 28-month high in March - IHS Markit
Alhokair allocates ECRED’s equity in return for EGP 355m receivables
Watania's shareholders approve 7.5% dividends for 2020
CBE offers EG 18.5bn T-bills on Sunday
Dubai SME members granted AED 7.5bn contracts since GPP launch
Masdar consortium reaches financial close for 300 MW solar project in Saudi Arabia
Reform not possible without partnerships - El-Mashat in World Bank's G-24 meeting
Egypt’s annual core inflation rise to 3.7% in March – CBE
National Building’s Ajeej buys SAR 10m power station
Saudi Chemical’s board proposes 5% dividend payout
CI Capital uses EGP 970m of capital raise proceeds
Saudi Finance Minister, SAMA Governor participate in G20 meeting
TASI closes Thursday down; NomuC in green
Suez Canal Bank cuts stake in Mohandes Insurance for EGP 33m
Saudi CMA approves for Sumou SAR 125m capital hike
EGX gains EGP 5.8bn in market cap at Thursday's close
National Building announces non-distribution of dividends
Egypt builds entertainment area, hotel in Gharbiya at EGP 800m cost
Aramco participates in launching Altamayyuz for Saudi graduates
Lafarge Egypt introduces new line of EcoLabel green cement
Egypt launches tender to buy 5,000 tonnes of vegetable oils
Listed firms among top 10 most influential brands in Saudi Arabia
Port Said collects EGP 3bn customs, taxes in March
M&A Brief of the Week
Saudi Arabia’s economic recovery seen positive in 2021
Trade exchange between Egypt, Uganda amounts to $110m in 2020
Petromaint inks contracts worth EGP 4.4bn in 2020
ADNTC signs deal to buy AED 6m commercial real estate in Dubai
Egypt’s banks expected to face continued pressure on profitability in 2021 – Fitch
SAMA nods to Chubb Arabia’s SAR 100m capital raise
ADFD funds AED 37m MSMEs programme in Colombia
CIB agrees to reschedule loans of Sharm Dreams
Al Khodari unveils reasons for chairman, board resignation
Hotpack Global inaugurates UAE's largest retail store for food packaging products
MNHD's shareholders approve dividends, bonus issue for 2020
CBE announces working hours for banks in Ramadan
Alinma Bank’s shareholders nod to 3% dividends for 2020
Abo Moati renews SAR 45m loan agreement
Egypt's annual headline inflation rises to 4.8% in March – CAPMAS
UAE ranks 4th in number of FDI projects in Africa
CBE offers EGP 16.5bn T-bills on Thursday
SFD signs $50m financing deal with Egypt's Canal Sugar
Naeem Holding's EGM approves capital cut by writing off treasury shares
Saudi Cement’s OGM approves dividends for H1, H2-20
Forbes 2021 Annual Billionaires List includes four Emiratis
More than 3.5m Egyptians register for Universal Health Insurance
EGX ends Wednesday mixed; Taaleem surges 6.7% on first day of trading
TASI, NomuC end Wednesday in green
FRA approves Sabaa Pharmaceutical's capital raise
L'azurde obtains regulator’s nod for capital increase
Dubai-South Africa trade exchange hits AED 15.71bn in 2020
Ongoing cooperation portfolio between Egypt, Japan amounts to $2.7bn
Saudi Arabia's SAL, Emirates SkyCargo ink cargo ground handling deal
Middle East Glass reports 41% lower profit in 2020
Tadawul becomes Saudi Tadawul Group ahead of IPO
Emirates NBD signs agreement to sell controlling interest in Dubai Bank
El-Sisi inaugurates $1bn secure documents complex
Tadawul announces fluctuation limit for TADCO
UAE appoints new CBUAE governor
UAE stock markets close Wednesday's session down
Future Investment Initiative invests in Lilium
TAQA Arabia becomes MENA's first integrated energy, water utilities provider
IMF raises Saudi economy growth forecast to 2.9% in 2021
Egyptian Starch and Glucose's loss widens 212% in 2020
Egypt's CIT sector seen growing 16% in FY20/21 – Amr Talaat
TADCO’s shareholders approve SAR 150m capital hike
UAE consumer demand for e-commerce rise by 21% - Report
Taaleem debuts trading on EGX on Wednesday
El-Mashat stresses importance of inclusive economic recovery during World Bank, IMF’s annual meetings
Arabia Investments Holding uses EGP 226m of capital raise proceeds