Latest news

Date Title
Egypt’s annual headline inflation stable at 4.9% in February
Bank loans rise to EGP 2.38trn at end of October 2020
DXB Entertainments' OGM approves capital rise, bank debt conversion
Bank deposits grow to EGP 5.08trn at end of October 2020
DIFC records 20% higher number of new operating companies in 2020
UAE banks' profitability expected to remain under pressure in 2021 - Moody's
FRA approves Al Baraka Bank - Egypt's capital raise
Eastern Mediterranean Gas Forum's statute enters into force on 1 March
EGX30 slides below 11,350 pts at Tuesday's close
Gold gains EGP 10/gram on Tuesday
Petrochem's board proposes 7.5% dividends for 2020
Egypt inks deal to implement smart app system for managing Knowledge City
Egypt to start pilot operation of new capital's government district in August
Mubasher's Du seeks to turn novice investors into professional traders
Northern Cement achieves 17% higher net profits in 2020
TASI, NomuC end Tuesday’s session higher
UAE stock markets end Tuesday on negative note
Saudi Arabia is one of largest 20 countries investing in Malaysia – Minister
INTERCEM discusses supporting women in cement industry
ADQ develops DisruptAD to support venture capital efforts
CBE to launch multicurrency real-time gross settlement on 22 March
ADCB appoints financial advisor to sell stake in Alexandria Medical Services
Egypt’s trade deficit shrinks 14% in December 2020
Over 500,000 Saudi companies use HRSD Qiwa platform
Saudi Ceramic receives go-ahead from CMA for 33.3% capital raise
Egypt to launch vehicle replacement initiative before March-end
Hub71 launches new value creation programme to enable global tech startups to grow
FRA orders suspension of trading on Remco's stock
Shell Egypt sells onshore upstream assets in Egypt for $926m
UAE issues operating license for Barakah Nuclear Power Plant's Unit 2
Sidpec's board approves transfer of polypropylene licence to RSNCRP
Dubai sees 16% MoM higher transactions in property market
Saudi Real Estate Refinance Co sells domestic Sukuk
Egypt spends EGP 36bn annually on commodity subsidies
Wataniya Insurance profits decline 36% in 2020
Dubai's non-oil economy continues recovery in February - IHS Markit
Makkah Construction turns to loss in 2020; no dividends proposed
AXA Green Crescent logs AED 79m accumulated losses
Bupa Arabia annual earnings jump 15.6%
Agthia's board proposes 16.5% dividends for 2020
Al Kathiri Holding reports lower annual profit; plans 25% capital hike
Watan Developments plans EGP 5bn investments in Egypt by 2025
Egypt completes construction works of three cotton ginning factories
EGX loses EGP 4.9bn in market cap at Monday's close
National Building signs agreement to acquire Ajeej Steel for SAR 180m
Saudi Arabia to resume livestock imports from Australia after 13-year halt
FRA approves CIB's capital raise
NCB expects local cement sales in KSA to grow 3.5% in 2021
Startupbootcamp FinTech Dubai concludes third cycle by empowering 11 startups
Petroleum Marine Services executes 87 projects worth $171m in 2020
TASI levels up 0.25% on Monday; NomuC down
MIDBank's profit leaps 165% in 2020
Egypt implements $3.3bn projects to achieve gender equality
UAE stock markets maintain downward performance on Monday
Social Development Bank provides SAR 13bn in loans to support Saudi women
ADQ inks agreement to merge Rafed, Union71 into Pure Health
UAE’s real estate sector demonstrates resilience amid COVID-19
Egypt intends to launch new export support programme in July
Alawwal Bank, SABB merger targeted to complete on 14 March
Remco's stake in Orient Tours valued at EGP 1.09bn
ENOC records AED 87m in cumulative savings through innovation programme
Electro Cable Co's board approves land sale to Cairo Leasing Corporation
STC launches region’s largest digital operations control centre
EG Bank's shareholders approve bonus issue for 2020
DAMAC clarifies ownership increase in DAMAC International
SAGO completes procedures to buy 660K tonnes of feed barley
NileSat's board proposes cash dividends for 2020
UAE's Arrow Capital co-sponsors listing of $240m Nasdaq tech SPAC
SIEC to close its branch in Jordan
CBE offers EGP 11bn T-bonds on Monday
Jarir Marketing opens new store on King Abdullah Road
NADEC in talks to buy entire share capital or certain assets of DAVA
QS Monitor partners with Israel's Elgressy to supply UAE with chemical-free water
MIS, King Saud University Health Company partner to establish virtual medical clinics
Salama proposes 8 fils/shr semi-annual dividends instead of previous proposal
Maharah annual profit falls 34.8%
Kafr El-Sheikh collects EGP 521m in reconciliation fees for building violations
Tahya Misr Fund provides women with EGP 300.8m micro-financing
Ataa Educational profit down 63% in 6M
MIS extends loan deal worth SAR 100m with Bank Albilad
TASI rises 1.18% on Sunday; turnover at SAR 14.78bn
Suez Port collects EGP 2.85bn customs, taxes in February
Eastern Cement reports 19.9% higher earnings in 2020; dividends proposed
CI Capital's board votes against Banque Misr's acquisition offer
Saudi Arabia rolls out professional verification programme
DP World, CDPQ pen port, logistics park agreement with Indonesia's Maspion
Saudi female business leaders poised for growth, finds KPMG survey
Egypt’s net international reserves rise to $40.2bn in February
UAE stock markets close Sunday in red zone
Raya Contact Center's profit slides 68% in 2020; board proposes dividend suspension
Saudi banks’ assets surge to SAR 2.77tn in 2020
UAE reports 2,613 new COVID-19 cases
Al Barakah Dates expands to become world's largest dates factory
Emaar Misr for Development's profit inches down in 2020
UAE's first independent digital banking platform launches
Forbes unveils “Top CEOs in the Middle East” ranking
Ceramica Remas proposes cash dividends worth EGP 27m
NUCA approves FY21/22 budget at EGP 140bn
Dubai Chamber registers 16,614 new member companies in 2020
Advanced Petrochemical suspends operations at 2 plants