Latest news

Date Title
Agthia Group records lower net profits in 2020 initial results
National Building appoints new CEO
Wafa Insurance extends appointment of acting CEO for more 6 months
Dubai registers 35.5% higher residential property sales in H2-20
Ash-Sharqiyah Development hires financial advisor to manage rights issue
TASI edges down 0.62% on Monday
DAE prices $300m senior unsecured notes due 2024
Saudi industry minister names new Secretary-General for Saudi Exports
UAE stock markets resume upward performance on Monday
FOODICS secures $20m in new funding round
Egypt's aluminum, copper exports hit $748m in 2020
Saudi asset management industry resilient, cautiously optimistic in 2021 - KPMG
DAE delivers early redemption notice for $500m senior notes
Nationalisation rate in Saudi private sector rises to 21.81% in Q4
Canal Shipping Agencies reports 40% lower profits in H1-20/21
ACDIMA expresses interest to buy majority stake in GSK Egypt
Zahraa Maadi's net profits climb 20% in 2020; dividends proposed
Consumer spending in Saudi Arabia down 12% in 2020
ENOC completes pavilion's construction at Expo 2020
Orascom Construction adds new deals worth $920m in Q4-20
CBE issues EGP 23bn T-bills, bonds on Monday
TASI levels up 0.15% in January; market cap down
Aldar adopts new group operating model to promote growth
Al Rajhi Capital to pay SAR 45.3m in REIT dividends
Al Mazaya reports 3% lower losses in 2020
SIIG shuts down Jubail Chevron Phillips for scheduled maintenance
Sipchem suspends two plants for periodic turnaround maintenance
UAE stock markets witness positive performance in January
Aslak sees 181% higher profits in 2020
Alkhabeer Capital announces SAR 12.9m REIT dividends
Assets of Saudi public investment funds up 31% in 2020
Agility invests $35m in Queen's Gambit
TASI falls 1.19% at Sunday’s close
Egypt implements 689 projects in two years
Saudi GACA grants Saudi Aramco five operating licences
UAE stock markets see downward performance on Sunday
Saudi banks raise investments in gov’t bonds 14% in 2020
ADCB's net profits decrease in 2020; dividends proposed
Saudi MoF fulfils 100% of payment orders received during 2020
Nile Pharma's net profits increase 12% in H1-20/21
SABIC aims to achieve long-term growth – CEO
Dubai launches vaccine logistics alliance to support global COVID-19 vaccines distribution
Saudi Paper files lawsuit against ex-CEO for violations worth SAR 40m
Emaar Misr for Development's board nods to EGP 90m donations to Tahya Misr Fund
Albilad Capital to pay SAR 873K in cash dividends to Sukuk ETF
Yanbu Cement’s board recommends 36.5% capital cut
Arabian Centres partners with Quara Finance to support SME tenants
Misr Chemical Industries records 474% higher profits in H1-20/21
Bawan’s unit sells entire stake in Utec Algeria for SAR 30m
SIIG profits jump 273% in Q4
CBE offers EGP 26bn T-bills, bonds on Sunday
Jarir Marketing’s profits reach SAR 1bn in 2020
Dubai records AED 1bn trade with Israel in 5M
Petrochem's quarterly profit leaps 88%
UAE fuel prices remain unchanged in February; diesel prices drop
SABIC swings to profits in Q4
MIS extends SAR 216.3m loan deal with SABB
TASI returns to gains on Thursday
Tadawul to team up with FII for ESG investments
SAMI plans investing up to $7bn in partnerships, projects in coming period
Saudi NEOM in talks over cloud computing deal
Net FDI inflows in Saudi Arabia rise to $4.7bn in 2020 - UNCTAD
Saudi ports record 4.36% hike in containers in 2020
GCC debt issuance exceeds $100bn in 2020
Agthia takes over Kuwait’s Al Faysal Bakery and Sweets
GACO’s EGM cancels 2019 dividends
Dubai Insurance profits down 27% in 2020; dividends proposed
BCI appoints temporary CEO
Saudi competition authority approves NCB-Samba merger
NCLE acquires Refan Company for Operation for SAR 946K
Arabian Centres receives SAR 350.3m in full dues from related party
UC Developments plans EGP 5bn projects in New Capital, New Alamein in 2021
EGX ends Wednesday in green; market cap gains EGP 5.2bn
Hadisolb's stock plunges 40% since liquidation announcement
PIF, Cosco Shipping Ports buy stake in RSGT for SAR 556.5m
Misr Hotels swings to loss in H1-20/21
Egypt pays EGP 10.3bn in overdue export subsidies
Savola Group profits tumble 67% in Q4; dividends proposed
TASI levels down on Wednesday; NomuC rises
Egypt approves deal with French firm to operate electric train project
Emirates Islamic moves to loss in 2020
Quara Finance to provide advanced fintech solutions for consumers, SMEs
Egypt expects AstraZeneca COVID-19 vaccine shipment in February
Egypt builds Cairo Metro Line III at EGP 97bn cost
Industrial production in KSA down 10% in November
Saudi gov’t is spending SAR 25bn on projects in Asir
CBE allows young people aged 16 years to open bank accounts
Hikma Pharmaceuticals allowed to conduct due diligence on GSK Egypt
Sarwa Capital's board proposes rebranding to Contact Financial Holding
Spending on ICT in Saudi Arabia to reach $32.9bn this year, IDC predicts
Egypt Aluminum's loss shrinks 43% in H1-20/21
KSA issues international bonds worth $5bn
FAB records AED 10.6bn profit in FY20; dividends proposed
Emirates NBD's profit more than halves in 2020 on higher provisions
EGX to close on Thursday
Egypt remains Africa’s leading destination for foreign direct investment
Saudi economy expected to grow 2.6% in 2021 – IMF
Saudi Printing’s unit pens AED 475m loan deal with CBD
Aljazira Takaful’s EGM greenlights capital raise to merge with Solidarity
Tamam app launches Sharia-compliant microfinance scheme