Latest news

Date Title
Egyptian PropTech startup secures seven-figure seed round
Egypt's FRA approves amendments to mortgage finance law
Bank Albilad plans to redeem Sukuk at over SAR 1bn
UAE leads region in bond issuance in H1-21
SEDCO Capital REIT Fund to acquire assets for SAR 700m
EGX reveals details of Bank ABC's MTO for Blom Bank Egypt
Egypt’s food exports rise 13% in H1-21
Gulf General’s rights issue coverage exceeds 72%
ICMI hires SOLID Capital to conduct FV study
DIFC FinTech Fund invests in UK-based legaltech startup
CBE offers EGP 19.5bn T-bills, bonds on Monday
Sadr Logistics signs SAR 7m deal with Advanced Storage
ADIO supports three tech companies as part of AED 2bn innovation programme
Abu Dhabi cuts business setup fees more than 90%
MIS’ net profits shrink 36% in H1-21
Yansab achieves over SAR 1bn net profits in H1-21
Egypt secures EUR 41m from Germany to develop technical education
Mobily’s net profits surge 49% in H1-21
TASI closes Sunday higher; NomuC falls
EGX ends Sunday in green; market cap up EGP 8.7bn
NCB Capital tops Saudi Arabia’s biggest asset managers with over $50bn
MIS to operate computer system, electronic portal at IMSU for three years
SCZone inks deal with Mercedes-Benz to build logistics centre
Alkhabeer REIT's board approves asset increase through acquisitions
Hub71 selected to endorse tech entrepreneurs for golden visas in Abu Dhabi
Bawan receives SAR 10m as insurance for fire incident
Yansab announces reopening of factories
UAE stock markets end Sunday in green zone
Saudi Enaya renews SAR 24m contract with DSFH
Alexandria Customs collects EGP 8bn customs, taxes in June
Dubai's real estate sales transactions hit AED 14.79bn in June
UAE’s Aldar Properties gets another deadline extension to bid for SODIC
Naseej International names Chairman, Vice Chairman
Pioneers Holding's shareholders approve horizontal demerger
Saudi Vitrified Clay incurs losses in H1-21
BIG's loss shrinks 66% in Q1-21
Abu Dhabi issues resolution to form new board of Abu Dhabi Chamber of Commerce
El-Sisi approves Kuwaiti loan for two seawater desalination plants
Wafrah appoints financial advisor for capital hike
Dubai issues decree to form Emirati Human Resources Development Council
Egypt establishes network for monitoring industrial wastewater pollutants
Chemanol turns profitable at SAR 90m in H1-21
Taiba Investments extends deal with Shuaa Capital Saudi Arabia
CBE offers EGP 22bn T-bills, bonds on Sunday
DEWA commissions AED 430m new substations in Dubai
Dana Gas wins arbitration on sale of Egypt assets
Egypt ranks 4th in The Economist’s Normalcy Index showcasing resilience despite pandemic
Kuwait calls on citizen to delay travel plans to Indonesia
Egypt raises tax collection efficiency by 15% – Minister
DEWA launches conservation handbook
Gulf Air confirms ground incident at Dubai airport
Cairo chosen among greatest places to visit in 2021
UAE's Mubadala wins preferential status in bid for Brazil-based Renova's assets
UAE records 1,506 new COVID-19 cases
Mubadala's GlobalFoundries committed to IPO plan in 2022 - CEO
UAE banks' assets hit AED 3.18trn in May 2021
Saudi Arabia extends validity of permits, visas for expats until 31 August
Saudi Arabia announces 1,273 new COVID-19 cases
UAE registers 1,541 new COVID-19 cases
China records 19% lower oil imports from Saudi Arabia in June
China records 19% lower oil imports from Saudi Arabia in June
SWFI lists four Arab sovereign wealth funds among world's top ten funds in July 2021
Saudi investment funds record 11% higher assets in Q1-21
DIFC-based ZENIQ introduces blockchain tokenization platform in Dubai
Saudi Arabia's crude oil exports hit four-month high in May
Dubai's Al Khaleej Sugar wins approval to build EUR 500m beet factory in Spain
Egypt's non-oil exports hit $15.37bn in 6M
UAE reports 1,508 new COVID-19 cases
Saudi citizens should receive two COVID-19 vaccine doses to travel abroad - official
UAE-based Ghassan Aboud acquires Vincent Hotel in Australia
IsDB appoints Saudi Arabia's former minister as new president
Egypt implements EGP 46.8bn projects to modernise railway signaling system
Jebel Ali Port ships four mega polyethylene reactors to Rotterdam
France's Ipsen opens regional office in Dubai to expand direct operations in MEA
NBF records AED 76m net profits in H1-21
EGX ends Sunday in green; market cap grows EGP 5.7bn
ADCB's profit hikes 76% in H1-21
FRA approves Bank ABC's MTO for Blom Bank Egypt
Tycoon Holding requests to raise bid for Alexandria Financial Investment
UAE markets fall on Sunday
UAE raises holdings of US treasuries in May
Giza Contracting preliminarily awarded EGP 500m contract
Heliopolis Housing postpones date for submitting offers for Heliopark project
Saudi Arabia reduces holdings of US treasuries in May
Egypt aims to deliver natural gas to 1,337 villages at EGP 16bn cost
SODIC to change location of 500-acre project in New Zayed
Fitch affirms Saudi Arabia's IDR at 'A'
Faisal Islamic Bank's business volume advances 12.7% YoY in June
Thob Al Aseel records SAR 49m net profit in H1-21; dividends announced
Yanbu Cement records SAR 115m profits in H1-21
Marseilia approves authorised capital raise procedures
Saudi Ceramic secures SAR 592m Murabaha loan from two banks
EGX30 falls below 10,600 pts amid local selloffs
EGX executes EGP 10.27bn transaction on Amoun's shares
Arabian Centers raises $225m from USD-denominated Sukuk issue
Alkhorayef Water awarded agreements worth SAR 317m
Saudi wholesale price index surges 19.8% in June
Amana receives GAC’s approval for merger with Saudi Enaya
NBE leads consortium for EGP 962m syndicated loan
M&A Brief of the Week