Latest news

Date Title
Emirates NBD partners with DMCC to foster Dubai diamond industry finance
Dice's standalone loss narrows 87% in H1-21
China Three Gorges fully acquires Dubai's Alcazar Energy Partners
CBE offers EGP 10.5bn T-bonds on Monday
Abu Dhabi's basic industrial project adds 22 new licenses
Banque Misr raises MSME funding portfolio to EGP 55.7bn at end-June
EGX ends Sunday varied; market cap loses EGP 2.6bn
TASI ends Sunday in red for third session in row
Jadwa REIT Saudi Fund to distribute 2% dividends for Q2-21
MSMEDA grants EGP 29.5m funding for micro, small enterprises in Qena
AOI inks cooperation protocol with Egyptian Space Agency
Raydan Food logs SAR 81m accumulated losses
EGX extends deadline for SMEs to contract with sponsors
Egypt invests EGP 1.5bn in upgrading electricity networks in Beni Suef
Solutions by stc to proceed with IPO on Tadawul
GO registers lower losses in Q1
Egypt to build its first specialised hospital in Djibouti
Knowledge Economic City's loss shrinks 99% in H1-21
Schneider Electric joins Abu Dhabi Sustainability Group
SIEC's losses down 60% in H1-21
Ajman Bank partners with Kamel Pay to offer digital financial solutions in UAE
Saudi German Hospital's profit drops 43% in H1-21
Alexandria Container's profit edges up in July
National Gypsum records 13% lower profits in H1-21
Budget Saudi's H1 profit hikes 64%; dividends proposed
KIB completes sale of exposure to NMC Healthcare
Egypt's non-oil exports rise to $17.7bn in seven months
Kingdom Holding turns to profitability in H1-21
CBE offers EGP 11bn T-bills on Sunday
ADCB's MSCI ESG rating upgraded to 'AA'
ADNOC Distribution to be included in FTSE Emerging Markets Index
EGX ends Thursday in red; market cap loses EGP 5.3bn
Elsewedy Electric's United Metals obtains $25m loan from EBRD
Naseej International reports 72% lower losses in H1-21
Egypt mulls building textile technology education complex in Alexandria
Arabian Centres records 17.5% lower profits in Q1
Jadwa REIT Saudi Fund records lower profits in H1-21
Saudi Fransi Capital announces financials of REIT funds
Alinma Saudi Government Sukuk ETF sees higher profits in H1-21
CRA gets cabinet's approval on Badr University in Assiut
TASI ends week lower; NomuC rises
Egypt invests EGP 778m in immediate phase of New Rashid
TADCO’s losses increase 115% in H1-21; accumulated losses total SAR 45m
UAE stock markets end Thursday in red zone
Etihad Rail partners with AGIS to transport steel via rail network
United Cooperative’s shareholders nod to offset accumulated losses
Emaar The Economic City’s H1-21 losses narrow; accumulated losses hit SAR 3bn
UAE announces 1,077 new COVID-19 cases
Abdullah Al Othaim posts lower profits of SAR 106m in H1-21
Aljazira REIT turns to profitability in H1-21
Misr Insurance cuts stake in Rowad Tourism
Arabian Pipes’ H1-21 profits shrink 66%
Ain Sokhna collects EGP 2.5bn taxes, customs in July
Alhokair turns profitable in Q1-FY21/22
Misr Cement - Qena raises 2021 forecasts on ECA's decision
Egypt plans EGP 125.7bn investments in industrial sector in FY21/22
Dubai's Network International turns to profitability in H1-21
Qalaa Holdings' Chairman settles $4m check lawsuit
BCI posts SAR 29m net profits in H1-21
EGA refinances $5.5bn corporate debt
Oriental Weavers Carpet's profit hikes 151% in H1-21
GASCO records 222% higher profits in H1-21
Amer Group's profit leaps 538% in H1-21
Swvl to acquire Spain-based on-demand bus service Shotl
Satorp’s H1-21 losses deepen 4%
CBE offers EGP 20bn T-bills on Thursday
DP World reports 52% higher profits in H1-21
Zoujaj turns to profits in H1-21
Agthia launches first online auction platform for dates
El-Sisi ratifies Sovereign Sukuk Law
Egyptian American Enterprise Fund cuts stake in Fawry for EGP 269m
M&A Brief of the Week
EGX ends Wednesday mixed amid foreign selloffs
Albilad Gold ETF records SAR 8m losses in H1-21
Tycoon Holding acquires 85% of Alexandria National Investment
Al Babtain Power’s H1-21 profits shrink 15.5%
EGX approves listing capital raise shares of Alexandria Medical Services
Albilad Saudi Sovereign Sukuk ETF posts lower profits in H1-21
HC Securities, Contact Factoring ink EGP 400m margin trading finance deal
DSI records AED 77m profits in H1-21; lower accumulated losses
Qassim Cement to pay SAR 1/shr dividend for Q2-21
TASI, NomuC fall on Wednesday
Egyptian consortium installs first turbine parts of Tanzania's hydroelectric dam
AlAhli REIT Fund (1) sees higher profits in H1-21
HSBC Saudi Arabia’s fund turns profitable in H1-21
IDH's unit to offer PCR testing services at Jordan's Queen Alia Airport
UAE's economy expected to grow 4.1% in 2022 - Fitch
Alujain acquires stake in Natpet for SAR 815m
ADNOC, Fertiglobe sell blue ammonia to INPEX in Japan
Al Maather REIT logs SAR 11m profits in H1-21
India's B2B commerce unicorn Moglix enters UAE
Al Rajhi REIT Fund logs higher losses at SAR 159m in H1-21
Egypt secures EUR 151.5m developing funds from Germany
Fawry sees EGP 1.25bn block-trading deal
Egypt develops Nafeza customs mobile app
Gulf Union Alahlia turns to losses in H1-21; accumulated losses near SAR 76m
CIRA, Elsewedy Capital to build EGP 2.5bn university in New Damietta
Abu Dhabi in process of building region's first quantum computer
Watani Iron Steel records 64% higher profits in H1-21
EFG Hermes reports 78.5% profit hike in H1-21