Latest news

Date Title
Rakta Paper incurs EGP 97m losses in FY20/21
Fawry's OGM approves to buy Banque Misr, CIB stake in Fawry Plus
Philip Morris bids for new cigarette factory license in Egypt
United Arab Stevedoring’s FY20/21 losses shrink 3.5%
CMA approves for Emaar The Economic City to raise capital
UAE approves Sinopharm's emergency use to children aged 3-17
CGC's unit wins AED 195m tender for project in UAE
CBE issues EGP 13bn T-bonds on Monday
Aramco denies mining Bitcoin
Al Khodari appoints new CEO after terminating Al Busaleh’s contract
Dubai records 77% higher number of business licenses in H1-21
Dubai Insurance's profits grow to AED 42m in H1-21
Egypt's local currency deposits exceed EGP 4trn in June
Czech Export Bank allocates $300m for investments in Egypt
SACO logs SAR 30m profits in H1-21, halts dividends
DirectFN signs contract for African Exchanges Linkage Project
EGX30 rises above 10,800 pts at Sunday's close
TASI, NomuC close Sunday higher
EGX approves listing CIB's capital raise shares
Alinma Bank’s H1-21 net profits exceed SAR 1bn; dividends announced
GCC banks accelerate COVID-19-spurred digitalisation- Markaz
Kuwait's Zain Ventures invests in Pipe, Swvl to support their regional, global growth
Knowledge Economic City appoints Chairman, Vice Chairman
Saudi Arabia sees 15% lower government reserves in June
SABB to pay over SAR 1bn dividends for H1-21
Umm Al Qura Cement records SAR 49.5m profits in H1-21; dividends announced
Al Ahly Capital trims stake in AMOC
SAMA's assets hit SAR 1.84trn in June 2021
Banque Saudi Fransi achieves SAR 1.5bn net profits in H1-21
UAE stock markets close Sunday in green zone
Egypt’s local liquidity hits all-time high at EGP 3.26trn in June
Egypt’s manufacturing index down 5.8% in May - CAPMAS
EGX introduces new methodology for calculating closing prices of shares
UAE registers 1,519 COVID-19 cases
East Delta Flour Mills logs EGP 130m profit in FY20/21
Riyad Bank’s net profits rise 13% in H1-21
RTA achieves AED 2.655bn in revenues via digital channels in 2020
Al Rajhi Bank records SAR 7bn net profits in H1-21
Pioneers Holding sees EGP 352m block-trading deal
Masdar City to launch world's first carbon-free project to extract water from air
Nasr Company for Civil Works gets FRA's approval for capital raise
Sipchem turns profitable at over SAR 1bn in H1-21
Bank Albilad’s net profits soar 37.5% in H1-21
DAFZA registers 8% higher sales revenues in H1-21
Mubasher acquires EGP 2.45bn of total turnover on EGX in July
Kuwait's Zain to invest $10m in Swvl, Queen's Gambit merged entity
UAE's Grandweld delivers crew boat for Allianz Middle East Ship Management
Gulf General raises SAR 140.5m from unsubscribed rights issue shares
CBE offers EGP 11bn T-bills on Sunday
Alkhabeer REIT Fund’s unitholders to obtain SAR 18m dividends
Umm Al Qura Cement’s CEO resigns
RAK Properties sees 348% higher profits in H1-21
DFM records lower profits in H1-21
Takween announces early resettlement of SAR 209.5m loan
NCLE inks SAR 8m deal with Saudi Yamami
CIB submits request to list EGP 4.9bn capital raise shares
SASCO extends lease agreement with Falcom
Alahli Takaful, SNB sign bancassurance agreement
Tadawul announces listing of Saudi Canadian Medical Center
Egypt approves EGP 3.4bn for monorail electricity supply works
TASI, NomuC close Thursday higher
Abu Dhabi ranks among world's three fastest 5G capitals
Russian expands industrial zone in SCZone
Saudi Arabia administrates over 26m vaccine doses jabs
Batic Investments extends MoU to form alliance for project competition
Egypt's government investments up 50.5% in FY20/21
M&A Brief of the Week
CBI sees higher profits in H1-21
EFIC’s profits surge 248% in H1-21
Kuwait's Arzan VC 2 invests $1.076m in Swvl's shares
UAE stock markets end Thursday in green zone
Agility to invest in Swvl, Queen's Gambit combined public company
UAE raises fuel prices for August
Etisalat records 4% higher profits in H1-21; dividends proposed
Arab Drug logs EGP 102m profit in FY20/21
Aslak to distribute SAR 0.75/shr dividend for H1-21
Kima exports fertilisers worth $40 million in four months
Misr Chemical Industries reports 108% higher profit in FY20/21 initial results
Equinox Pharma ups stake in Rameda for EGP 58.5m
Arafa's loss widens 6,775% in three months
UAE maritime leaders assemble to prepare UAE candidacy for IMO
SADAFCO’s profits decrease 46% in Q1-21/22
Yamama Cement records SAR 132.5m profits in H1-21
Iron and Steel for Mines and Quarries records EGP 23m sales in three months
CBUAE maintains base rate to ODF at 15 basis points
Egypt receives 1,600 applications for third phase of export subsidy initiative
CBE offers EGP 21bn T-bills on Thursday
ADIB sees higher profits in H1-21
Southern Province Cement to pay SAR 175m dividends for H1-21
Dubai's Swvl to list on Nasdaq via merger deal with Queen's Gambit
Albilad Capital announces SAR 1m dividends to Sukuk ETF’s unitholders
Delta Sugar's profit jumps 559% in H1-21
GSK Egypt hires Grant Thornton to assess consumer healthcare assets
RIMCO ups stake in EFG Hermes for EGP 60m
Saudi Arabia reports 1,334 new COVID-19 cases
Saudi Paper’s net profits in H1-21 jump 498%
TASI, NomuC end Wednesday in green
Banque Misr, BM Lease ink EGP 700m Musharaka deal
Alkhorayef Water obtains SAR 199m loan from Banque Saudi Fransi
I-CON nears EGP 1.2bn electromechanical contracts with Minka Development