Latest news

Date Title
Samba Financial reports 5.3% higher earnings in 2020
TASI levels down on Wednesday; NomuC rises
ADEX signs AED 22m loan with UAE's firm to fund irrigation project in Egypt
Egypt upgrades electricity networks in El-Menofia with EGP 1.7bn
Petro Rabigh losses surge 595% in 2020
UAE's holdings in US Treasury bonds amount to $36.3bn in December
GCC holdings of US Treasuries fall 16.5% in December
UAE stock markets end Wednesday in red zone
Speed Medical's board approves non-cash acquisition of Prime Speed Healthcare
Tawasol Holdings offers to acquire 100% of Alexandria Medical Services
Dubai's real estate market sees 15.5% YoY higher sales transactions in January 2021
Cleopatra Hospitals Group expects higher profit on growing revenue in 2020
GoDaddy to empower entrepreneurs’ digitalisation in Egypt, MENA
Sidpec's profit slides 95% in 2020 initial results
Saudi MoF closes February issue of local Sukuk Program at SAR 3.16bn
Arada awards AED 367m contract to build student housing complex at Aljada
NBK Egypt reports 33% lower profit in 2020, approves capital raise
OFH debuts trading on EGX
DP World utilises Emirates NBD's digital solution to fully convert transactions
Egypt receives 950 applications for second phase of export subsidy initiative
Watani Iron Steel begins trading on Tadawul today
Mopco's standalone profit rises 37% in 2020 initial results
UAE banks return AED 14.47bn from CBUAE's stimulus package
EGX resumes trading on OIH's stock
Elsewedy Electric's unit inks KWD 16m deal with Kuwait's Ministry of Electricity and Water
Saudi holdings of US T-bonds down to $134.4bn in December
Mubadala Petroleum appoints new CEO
Amlak International extends, amends SAR 664.5m loan with SAIB
UAE banks register AED 290.5bn investments in December 2020
UAE banks' loans hit AED 1.78 trn in December
Monshaat establishes branchless bank for SMEs to boost sector growth
Aslak nods to SAR 1/shr dividends for H2-20
Egypt spends EGP 14.2bn on presidential health initiatives
EGX approves listing shares of OFH, OIH following demerger
EGX ends Tuesday in green; market cap grows EGP 1.17bn
UAE tops region in terms of foreign investments in biotechnology sector
El-Sisi launches pilot stage of universal health insurance in three governorates
Saudi Customs handles SAR 710bn worth of goods since Covid-19 outbreak
ADQ selects banks for $1bn Louis Dreyfus acquisition loan
Average price of steel in Saudi Arabia hikes 39.5% in January
Egypt closes subscription to Seyola Fund after raising over EGP 1bn
Babylon Urban Development to invest EGP 1bn in New Administrative Capital
TASI advances 0.22% on Tuesday
UAE-headquartered Gibraltar Technologies acquires India's HCL Infotech for AED75m
UAE stock markets close Tuesday on varied note
Egypt to implement universal health insurance scheme in 10 years – El-Sisi
Nuwa Capital concludes first close of its $100m fund
CMA approves Sharjah Cement's voluntary withdrawal from Boursa Kuwait
Egypt aims to raise mining contribution to GDP to 5%
Speed Medical's profit jumps 363% in 2020
GNH signs MoU to acquire petrochemical, dry bulk carriers from Greek company
SWPC lays foundation stone for Jubail 3A Independent Water Plant
DMCC achieves record-breaking number of companies, commodities trade in 2020
KSA to cease contracting with foreign firms without regional HQ from 2024
Tabreed plans for investment opportunities in five countries - CFO
Kima moves to loss in H1-20/21 unaudited results
Sarwa Capital's shareholders approve rebranding to Contact Financial Holding
Kahira Pharmaceuticals targets EGP 145m profit in FY21/22
Consumer prices in KSA up 5.7% in January
Sarwa Capital's profit down 10% in 2020
GFH's board terminates market making/liquidity providing agreement
Elsewedy Electric pens SPA to acquire East Asian power transformer manufacturer
UAB's net losses deepen in 2020
Heliopolis Housing delays land auction to 28 February
Saudi wholesale prices rise 6% in January
Elsewedy Electric's unit inks EGP 711m deal in south valley development project
Sumou Real Estate announces early settlement of SAR 110m loan
GFH records 32% lower profits in 2020
Saudi Ceramic’s profit jumps 986.7% in 2020
DIB sees lower profits in 2020; dividends recommended
Al Yamamah Steel nods to SAR 50.8m dividends
Chairwoman of ACIG resigns
Emirates Investment Bank turns to losses in 2020
GASCO to set up fully-owned subsidiary to develop LPG products, solutions
Alexandria National Co for Financial Investment approves due diligence request
Al Futtaim plans EGP 2.2bn investments in Egypt over two years
Egypt inks $240m agreement with Japan
Bank Aljazira annual profits tumble 96.6%
CBE amends tourism support initiative
Yansab resumes operations at Olefins Plant
Egypt offers eight investment opportunities worth EGP 5bn
TASI ends Monday’s session in green
Rashpetco, El-Burulus Petroleum plan $221m investments in FY21/22
Saudi Aramco starts using cutting-edge data diode to prevent cyber threats
Remittances from Filipinos in GCC down to $5.1bn in 2020
EGP among world’s top performing currencies in four years
HADAF pens MoC to empower non-profit sector
Egypt’s unemployment rate edges down to 7.2% in Q4-20
Egypt Gas sees profits almost halve in 2020; dividends proposed
Union Properties turns profitable in 2020
Tabreed registers 16.5% rise in net profits in 2020; dividends proposed
National Marine’s annual earnings surge 95%
ADNIC records 30.5% higher profits in 2020
Elsaeed Contracting's profit jumps 75.5% in 2020
Maridive's board accepts $48m acquisition offer for subsidiary
Shuaa Capital's net profits jump 166% in 2020
Odin Investments sees 84% lower loss in 2020
Alexandria National Co for Financial Investment receives EGP 7.48/shr acquisition offer
UAE’s Hope Probe sends first image of Mars
Delta Insurance's profit grows 56% in H1-20/21