Latest news

Date Title
Saudi Agricultural Development Fund approves SAR 750m facilities
Egypt launches multi-stakeholder platform for ICT sector
Egypt's health allocations for FY21/22 exceed constitutional commitments
UAE's re-export trade hits AED 467.5bn in 2020
Egypt receives 3.6m tonnes of local wheat in 2021 season
du partners with Nokia to develop new 5G use cases for UAE's industrial sectors
Technolease ups stake in Al Shams Housing for EGP 14.6m
Egypt, KSA launch website on MSME development grant
DXB records 1.5m passengers in May 2021
EDB partners with Zoho to support SMEs in digital transformation
Military Production partners with MCV to produce Egypt's first electric buses
Saudi Arabia starts vaccinating 12-18 years old people
Egypt to offer 10th of Ramadan dry port for public-private partnership
CBE offers EGP 13bn T-bonds on Monday
HSBC to offer $5bn in lending to UAE companies with global growth plans
Al Salam Bank obtains CBB’s approval to buy treasury shares
Emaar Properties hires banks for 10-year Sukuk issuance
Egypt's Minister of Housing inaugurates The Big 5 Construct Egypt
EGX approves EBE's capital raise request
Egypt to list Ghazl El-Mahalla Club on EGX before new season starts
Majority of SMEs in UAE optimistic about growth - Mastercard Confidence Index
Saudi Arabia records 1,218 new COVID-19 cases
Mobile gaming market in Middle East likely to exceed $4bn next year
TASI closes Sunday in green; NomuC falls
UAE adopts national agenda to access 25 new global markets for foreign trade
Most Egyptian SMEs positive about future growth - Mastercard
Value of L'azurde remaining shares’ subscription totals SAR 37.5m
HSBC partners with Dubai Economy to support UAE KYC blockchain platform
Egypt-UAE bilateral trade hits $4.1bn in 2020
Over 80% of Saudi SMEs seem optimistic about next 12 months
UAE stock markets close Sunday on positive note
S&P upgrades outlook for Emaar Properties to stable
Marota Developments starts building EGP 1bn project in New Administrative Capital
Vaccinated GCC guests to enter Switzerland without quarantine, testing
UAE-India remittances corridor ranks world's fifth largest corridor - IMF
Pioneers Holding gets FRA's approval to proceed with restructuring plan
French firm officially starts managing Cairo Metro Line 3
Emaar The Economic City receives ministerial nod for rescheduling SAR 5.36bn loan
Shareholder cuts stake in Porto Group for EGP 52m
Chinese insurer opens first regional office at DIFC
El-Ebour Co. for Real Estate Investment awarded EGP 387m contract
Tanmiah Food sets IPO price range at SAR 59-67/shr
DP World facilitates export of Conares' rebar to North America
Qalaa Holdings suffers EGP 1.95bn loss in Q1-21
Misr Chemical Industries posts 157.5% higher profits in 11 months
Mubadala's Yahsat announces offer price range for IPO, subscription period opening
SEDCO Capital REIT Fund’s unitholders to get SAR 9m dividends
United Arab Stevedoring's shareholders approve FY21/22 planned budget
Bupa Arabia to pay SAR 408m dividends for 2020
GFH acquires FedEx logistics facility for $100m
CBE offers EGP 18.5bn T-bills on Sunday
Abo Moati obtains SAR 20m loan from ANB
IHC's Alpha Dhabi Holding commences trading on ADX
Contact Developments to invest EGP 1.5bn in New Administrative Capital's project
Budget appoints Chairman, Vice Chairman
Fitch affirms SAIB rating at 'BBB+'
Jadwa REIT Saudi Fund’s unitholders to receive SAR 30m dividends
EGX ends Thursday mixed
CMA nods for Alandalus Property’s SAR 233m capital hike
FRA considers UAE's Ultra Welfare acquisition offer for Amoun
ANB to distribute SAR 525m dividends for H1-21
Mohammed Hasan AlNaqool Sons' board approves to establish subsidiary
TASI ends Thursday higher; NomuC in red
Fully vaccinated travellers allowed to enter Egypt without PCR test
Saudi Arabia plans for new airport in Riyadh to endorse tourism
Aramco Chairman joins India’s Reliance board
Egypt's engineering exports hike to $1.17bn in five months
Saudi Arabia might develop industrial zone in Oman
Nasr Company for Civil Works approves 35% capital raise
UAE stock markets end Thursday on negative note
Mubadala sells 4.5% stake in Australia-listed Oil Search
UAE, Egypt, Saudi Arabia top Arab countries in FDIs
Egypt’s manufacturing index drops 9% in April - CAPMAS
STARZPLAY Arabia establishes headquarters in Abu Dhabi
Al Shams Housing offers land plots, buildings for sale in public auction
M&A Brief of the Week
Finance companies' assets in UAE hit AED 31.6bn in 2020
Egypt reduces mortgage term for low, middle income citizens
Saudi Arabia’s exports surge 87% in April
Coronavirus-related exemptions to cost Egypt's banks EGP 4.7bn
Iron and Steel for Mines and Quarries posts EGP 5.4m sales in May
Al Kathiri Holding’s EGM approves 25% capital raise; fluctuation limit announced
Mubadala-backed Catalyst Partners plans to raise more capital - CEO
SAIC’s shareholders approve SAR 12.5m dividends for H2-20
IMF approves final tranche of Egypt's $5.4bn loan
Aqarchain to launch UAE's first blockchain platform for real-estate tokenisation
CBE offers EGP 18.5bn T-bills on Thursday
Bank AlJazira starts offering USD-denominated Sukuk
UAE's Mubadala acquires 2.6% stake in EN+
Arkan's board approves Emirates Steel acquisition transaction
Egypt launches book on international cooperation through economic diplomacy
CBE extends waiver on bank transfer fees until 2021-end
Telecom Egypt inks four agreements with Libyan firms
EGX ends Wednesday varied; market cap up EGP 2.6bn
Al Ahly Sabbour Developments plans EGP 2.5bn investments in 2021
Sipchem to close GACI’s plant next month
Saudi Arabia reports 1,253 new COVID-19 cases
Alujain’s subsidiary acquires ownership of four companies
Stanton & Partners Aviation opens international headquarters in DIFC
TASI closes Wednesday higher; NomuC declines