Latest news

Date Title
Foreign, GCC investors increase purchases on Tadawul last week
TAQA reports lower net profits in 2020; dividends recommended
Dubai-UK trade exchange hits AED 21.5bn in 2020
Sipchem resumes operations at Ethyl Acetate Plant
ADNOC Distribution sees 10% higher profits in 2020; dividends proposed
Jazan Economic City has investments worth over SAR 85bn – Minister
Naeem Holding's loss down 79.5% in 2020 initial results
Aldar Properties announces decline in net profits in 2020; dividends proposed
Egypt ends crisis of Uganda imposing tariffs on Egypt's exports of iron sheets
Tihama’s unit inks SAR 5.4m deal to produce TV series
Thoub Al Aseel sees 2.5% higher earnings in 2020
ADIB's net profits plunge 38% in 2020
Egypt allocates public investments worth EGP 9.6bn for El-Qalyubia
MIS, consortium to establish digital bank in Saudi Arabia
FAB obtains custody license from Egypt's Financial Regulatory Authority
TASI rises at Sunday’s close; NomuC dips
Credit Guarantee Company’s credit portfolio hits EGP 95bn
Saudi Arabia extends coronavirus restrictions for 20 days
Egypt’s FRA approves liquidation of two activities of TCV Holding for Investment
Egypt’s e-commerce seen growing to $3bn by 2022 – Oxford Business Group
Emaar Development's net profits slid to AED 1.657bn in 2020
STC ranked first in GCC on Dow Jones Sustainability Index
Emaar Properties witnesses lower profits in 2020
Etisalat records 4% higher net profits in 2020
UAE stock market close Sunday in red zone
CTP plans $600m investments in Egypt over five years
UAE reports 3,167 COVID-19 cases
Elsaeed Contracting to implement new EGP 400m project in New Luxor
Ebtikar restructures investments ahead of IPO
Aman reports 117% higher net profits in 2020
Restructuring STC’s debts helps GO gain profits - CEO
Pachin's profit skyrockets 1,316% in H1-20/21 initial results
Salama's net profits more than double in 2020; dividends proposed
Giza General Contracting awarded EGP 300m contract in Alexandria
Export Development Bank of Egypt's profits down 32% in H1-20/21
Nile City scraps plan to establish new development firm
CI Capital appoints financial advisor to assess stock's fair value
Saudi Steel Pipe denies receiving notice on cancellation of land title deeds
SAIB reports 84% higher profits in 2020 initial results
Dubal Holding acquires 60% stake in OSE Industries
Egypt’s petroleum imports shrink 32% in 2020
Final offer price for Alkhorayef Water’s IPO set at SAR 72/shr
UAE banks report 3% YoY higher gross assets in December 2020
CBUAE's foreign assets decline 2% in December 2020
Yanbu Cement annual profits grow 9%
Damac Properties sees higher losses in 2020 amid COVID-19
Fitness Time moves to losses in 2020
GO’s stock to resume trading Sunday
Orascom Financial Holding acquires 74.5% of Beltone for EGP 900m
Holding Company for Tourism and Hotels reports 49% lower profit in FY19/20
Orascom Financial Holding buys 29% stake in Sarwa Capital for EGP 1.6bn
Egypt to operate four logistics centres at ports in H1-21
GO announces 0% accumulated losses
EGX ends Thursday in green; market cap rises EGP 1.5bn
RAK Cement witnesses lower profits in 2020
Egypt's FRA approves Banque Misr's tender offer for CI Capital
Alinma Bank's profits fall to SAR 1.97bn in 2020
Orascom Investment Holding says GDR programme still in force following demerger
ADFD extends AED 53m in financing to Bloom Education
Ajman Bank reports lower profits in 2020 initial results
TASI adds 42.22 pts on Thursday
Dubai National Insurance's profits down in 2020
Aldar Estates acquires Asteco Property Management
UAE national banks’ branches reach 541 in Q4-20
UAE stock markets end Thursday in green zone
M&A Brief of the Week
Dana Gas expects completion of Egyptian asset sale deal in H1-21
Insurance House's net profits slid to AED 11m in 2020
Maridive receives $48m acquisition offer for subsidiary
Cost of Red Sea Development's Coral Bloom project estimated at SAR 14bn
Gulf Cement Co's net losses deepen in 2020
EG Bank logs EGP 627m consolidated profit in 2020 initial results
Ericsson becomes STC’s managed services provider in Saudi Arabia
ADNTC's net profits increase to AED 78m in 2020; dividends proposed
Sarwa Capital sees EGP 1.6bn block-trading deal
CI Capital Holding's Taaleem plans IPO on EGX
SAMA to launch instant payments system on 21 February
RAK Ceramics incurs AED 130m net losses in 2020
Beltone Financial Holding sees EGP 900m block-trading deal
NileSat's profit declines 20% in 2020 unaudited results
Work underway to complete final phase of Saudi mills privatisation
Amanat Holdings' initial results report lower net profits in 2020; higher revenues
Egypt approves vehicle replacement incentives
Air Arabia turns to losses in 2020
EGX halts trading on Orascom Investment Holding
CBE offers EGP 20bn T-bills on Thursday
Al Salam Bank – Bahrain registers 57% lower profits in 2020; dividends proposed
CBI sees lower net profits in 2020
Dana Gas records AED 1.4bn losses in 2020
Tihama's quarterly loss up 8.4%
SAIB annual profit jumps 310%
Abdullah Al Othaim sees 16.3% higher quarterly earnings
Egypt allocates EGP 4.1bn public investments for El-Minya in FY20/21
Egypt inks deal with EBRD to build 10th of Ramadan Dry Port
Egypt's core inflation drops to 3.6% in January – CBE
Misr Insurance, subsidiaries log EGP 4.1bn profit in FY19/20
Emaar Malls registers 69% lower profits in 2020
Halwani Bros secures SAR 140m loan from Al Rajhi Bank
Saudi White Cement changes name to Riyadh Cement Co.
Egypt aims to boost renewable energy contribution to 42% by 2035