Latest news

Date Title
RAK Properties elects new Chairman
UAE ranks 1st in region, 15th globally in Kearney's 2021 FDI Confidence Index
Taaleem's IPO oversubscribed by 29.38 times
Speed Medical approves FV ahead of Prime Speed acquisition deal
EGX ends Thursday mixed; market cap grows EGP 2.6bn
Japan invests $10m in new industrial complex in SCZone
TASI ends Thursday on marginal losses
Domty's shareholders approve EGP 0.20/shr dividends for 2020
ACWA signs financial package to develop $1bn power plant in Uzbekistan
Heliopolis Housing sells land in New Heliopolis for EGP 2.5bn
South Valley Cement's loss narrows 21% in 2020
Abu Dhabi Aviation considers acquiring Falcon Aviation Services
Oriental Weavers Carpet to pay EGP 1/shr dividends for 2020
Credit Agricole Egypt's board approves capital raise via bonus issue
UAE's retail sales forecast to grow 13% by end of 2021
NCB, Samba to complete merger with no creditor objections
UAE stock markets close Thursday on positive note
Egypt's pharmaceutical sector valued at EGP 125bn - Prime Minister
GCC banking sector's profits record seven-year low in 2020
M&A Brief of the Week
Arabia Investments Holding logs EGP 85m profit in 2020
Emaar Misr not to pay dividends for 2020
Najran Cement's shareholders approve 7.5% dividends for H2-20
Egypt to provide 2m doses of COVID-19 vaccine soon
Takaful Emarat logs AED 67m accumulated losses
Housing and Development Bank to issue bonus shares worth EGP 126.5m
Suez Canal Bank's shareholders approve issuing bonus shares
GNH's board proposes 10% share buyback
Egypt receives 854,400 doses of AstraZeneca vaccine
Bank Albilad commences SAR-denominated Tier 2 Sukuk offer
El-Sisi to inaugurate GYPTO Pharma Medical City on Thursday
DisruptAD, Flat6Labs launch AED 120m startup accelerator programme
Bildco incurs AED 242m accumulated losses
GNH reports lower net losses in 2020; AED 724m accumulated losses
Minapharm to create new Germany-based firm with EUR 10m capital
Three shareholders exit Assiut Islamic Trading for EGP 127m
L'azurde reports 588.5% higher losses in 2020
ADQ inks definitive agreement to acquire Egypt's Amoun Pharmaceutical
Egypt approves local wheat buying price for 2021 harvest season
Tamweely Microfinance's profit hikes 75% in 2020
Egypt, EBRD discuss procurement processes for Kitchener drain project
DEWA inks water purchase, shareholder agreements for $410m Hassyan Sea Water Reverse Osmosis
DFM down on Wednesday; ADX up
Dubai's Consumer Confidence Index reaches highest level since 2015
Egypt’s food exports to Jordan exceed $1bn between 2014-2020
Canal Shipping Agencies eyes EGP 154.5m profit in FY21/22
Emaar The Economic City's net losses deepen in 2020
GSK Egypt's profit slides 80% in 2020; dividends proposed
Mopco to pay EGP 3.5/shr dividends for 2020
Dar Al Takaful recommends 9% dividends for 2020
Egypt Kuwait Holding to change trading currency of EGX-listed shares
Edita to pay EGP150m dividends for 2020
Mubadala sells 12% stake in Aldar for AED 3.5bn
CIB shareholders approve issuing bonus shares
EGX approves listing capital raise shares of Suez Canal Bank
Walaa Cooperative signs insurance agreement with Aramco
Alexandria Container targets EGP 1.4bn profit in FY21/22
Zahraa Maadi to pay EGP 0.45/shr dividends for 2020
RAK Ceramics' OGM approves 7.5% dividends for 2020
GASCO posts 25% higher net profits in 2020; higher revenues
B Investments Holding's profit soars 66% in 2020; dividends proposed
Ooredoo's unit inks $750m sale, leaseback deal for telecom towers in Indonesia
Al Mazaya's board approves KWD 24m facility agreement with Kuwaiti bank
Aramex's board proposes 13% dividends for 2020
El-Sisi: Egypt’s water security is a red line that affects the entire region
Fawry gets FRA’s approval for capital raise
Shoura Group aims to invest EGP 1.3bn in three real estate projects
EGX ends Tuesday in green on foreign purchases
Egypt's sovereign fund invests EGP 250m in Egypt Education Fund
TASI ends Tuesday in green zone
Emirates NBD to secure Gulf region's first sustainability-linked loan
EGX implements MTO on Assiut Islamic Trading's shares at EGP 139m
Taiba Investments' OGM approves 5% dividends for H2-20
UAE stock markets maintain upward performance on Tuesday
UAE reports 2,289 COVID-19 cases
Suez Canal says 113 vessels pass through waterway after end of crisis
Saudi Arabia's net FDI inflows hit $5.49bn in 2020
Modern Shorouk Printing's profit hikes 365% in 2020 initial results
Amlak International board recommends 8% dividends for 2020
Siemens awarded contract to upgrade Egypt-Sudan electrical interconnection line
Etihad ESCO signs agreement to retrofit Dubai Maritime City's facilities
Al Rajhi Bank OGM approves SAR 1/shr dividends
El-Mashat, EU ambassador discuss 2021-2027 cooperation strategy
Anaam International inks non-binding MoU to acquire Al Takamul National Agriculture
Orascom Financial Holding partners with EXCEL to launch fintech firm
Fawry's profit jumps 71% in 2020; board proposes dividend cancellation
ICE Futures Abu Dhabi trades 6,344 lots of Murban Crude on first day
SEC's net profits jump 118% in 2020; dividends proposed
Egypt plans to connect 1.2m households to natural gas grid
Suez Canal estimates daily losses due to blockage at $15m
National International Holding turns to losses in 2020
Al Akaria's net losses decline 24.5% in 2020
Al Babtain Power records 7% lower profits in 2020
San Misr awarded orders worth EGP 6.6bn in 2020
Mubasher Media supports investors, plans expansion – CEO Assem El-Bassal
Ever Given ship sails toward Great Bitter Lake after being refloated
EGX ends Monday mixed; market cap grows EGP 2.8bn
Aldar announces AED 500m redevelopment plan for Yas Mall
Kima awards ammonia plant operation contract to Italian firm
Mubasher's vision in line with Egypt's efforts to support investment plans - Rashad