Latest news

Date Title
Majority of GCC consumers likely to opt for digital banking services
City Edge inks mortgage financing protocol with Credit Agricole
Saudi CMA completes securities business licence for Erteqa
EGX loses EGP 13.17bn in market cap at Tuesday's close
TASI falls, NomuC rises on Tuesday
IHC's unit acquires 70% stake in 1885 Delivery Services
Maridive says no deal reached with Al Subeai on subsidiary sale
Al Etihad Cooperative inks renewable deal with Tadamon
UAE's Farnek wins FM contracts for Expo 2020 pavilions worth AED17m
Saudi German Hospital extends deal with Sobhi Batterjee hospital
TAQA Arabia to build two PV stations in Somabay with $4m investment
Saudi Arabia dominates Forbes Middle East’s 2021 asset managers list
UAE stock markets close Tuesday in red zone
Egypt's industrial production rises 8.7% in Q1-20
DAE inks agreements to sell aircraft for $500m
Tanmiah IPO final offer price set at SAR 67/share
Abu Dhabi's $2bn medium-term note programme listed on bourse
GCC markets continue to see gains on higher oil prices – Markaz
Suez Port collects EGP 3.78bn customs, taxes in June
Emirates Development Bank lists $750m bonds on Nasdaq Dubai
Maridive's shareholders approve authorised capital cut
Remco for Tourism Villages considers Empain Tourism Investments stake sale
DMCC registers 1,230 new member companies in H1-21
Iron and Steel for Mines, Kima end dispute over land plot in Aswan
Egypt's non-oil private sector activity nears expansion - PMI
Emaar Properties expects to delist Emaar Malls by end of 2021
CMA nods to increasing Jadwa REIT Saudi Fund’s assets
Orascom Construction adds $1.1bn to backlog in Q2-21
Ithmaar Holding's asset sale to BBK cancelled
Egypt sets up education investment platform with EGP 1.75bn targeted capital
Shuaa Capital eyes establishing $600m SPACs
GO to consider capital restructuring to reduce accumulated losses
Jumeirah Egypt plans EGP 7bn investment in North Coast's project
DIFC enacts new Intellectual Property Regulations
Emaar The Economic City names Piaia as CEO
IHC's unit acquires 100% stake in Spranza Commercial Investment
ENOC renews agreement with Meisheng to distribute lubricants in China
RAKBANK inks MoU with Ajman free zone
Egypt's furniture exports hit $104m in five months
Theeb Rent a Car pens SAR 49m deal with Jahez International
Al Naqool buys land plot for SAR 16m
MIS joins ministry’s initiative for data centres
El-Mashat maps out $25.6bn development funding portfolio
TASI falls on Monday, NomuC rises
Saudi Arabia inaugurates first glass factory in Hail Province
Egypt to produce 2m doses of COVID-19 vaccine in days
Egypt's population rises to 102m - CAPMAS
MIS, Saudi Fransi Capital pen SAR 1bn deal for data centres
Zodiac Development invests EGP 5bn in real estate market
Saudi Arabia’s business growth hits five-month high in June – PMI
UAE’s PMI hits four-month low on material shortages, travel restrictions
Iraqi investments in Egypt hit $500m
Speed Medical's unit pens pre-employment test deal worth about EGP 965m
Egypt’s agricultural exports grow to $1.95bn in nine months
Apache plans more investments in Egypt's petroleum sector
Seera joins forces with Kaden to open hotels across Saudi Arabia
Talaat Moustafa Group's Noor City records EGP 15bn sales in three weeks
Kingdom Holding appoints Chairman, Vice Chairman
CBE offers EGP 14bn T-bills, bonds on Monday
Saudi Enaya receives CCHI’s nod to renew licence
Saudi CMA approves public offering of Murabaha fund
CMA nods to public offering of AlAhli - KSU Waqf Fund
Egypt’s Senate gives initial nod to unified public finance law
Eastern Company achieves record production, sales volumes in FY20/21
Tadawul announces Gulf General’s rights issue subscription period
Bupa Arabia to renew health insurance deal with SABIC
Egypt secures EGP 270m Saudi grant for MSMEs
Umm Al Qura Cement appoints new Chairman, Vice-Chairman
TASI closes Sunday in green, NomuC falls
Alakaria’s unit inks SAR 600m deal to build 1,000 housing units in Al Mashreqiya
Anaam inks SAR 24.5m deal to acquire 51% of Saudi Wasit Factory
L'azurde repays SAR 75m long-term credit facility using capital raise proceeds
Derayah REIT to pay SAR 19.35m dividends for Q2
DEWA completes 96% of AED 256m water pipeline project
Egypt’s budget deficit records 7.8% in FY20/21
Saudi Arabia's macro-economic conditions picking up - Al Rajhi Capital
Alinma Bank completes offering of SAR 5bn additional Tier 1 Sukuk
Dr. Sulaiman Al Habib’s unit inks deal to buy 12 land plots for SAR 69m
Egypt-Iraq trade exchange grows 36% in 2020
SAIC announces expiry of MoU to sell stake in Alsalam Aerospace Industries
Saudi Cable’s board proposes capital cut, rights issue
Tihama pens JV creation, merger agreements with WPP
Acrow Misr reports 101% higher profit in Q1-21
Dubai's Business Bay registers 17,893 operating companies to date
ACWA Power gets CMA’s approval to offer 81.2m shares in IPO
Tadawul announces Eid Al Adha holiday
Saudi Arabia suspends flights to three destinations on COVID variant
UAE stock markets end Sunday on varied note
ADNOC adds Goldman Sachs to lead role on drilling unit’s IPO
Dubai’s cloud kitchen raises $415m in Softbank-led funding round
DAE announces early redemption of $1.25bn senior notes
UAE proposes to separate oil output rise from agreement's extension: Ministry of Energy
UAE ranks fifth globally on UN’s Global Cybersecurity Index 2020
Egypt invests EGP 12bn in water, sanitation projects in Fayoum in seven years
ADNOC in early talks to acquire minority stake in Masdar
Nawah inks maintenance, engineering services agreement with France’s Framatome
Etisalat plans to develop 6G network
DP World acquires US-based Syncreon for $1.2bn
Emaar Properties inks final terms to issue $500m Sukuk
Green finance in MENA reaches $6.4bn in H1, exceeds global growth rate