Latest news

Date Title
EWEC, Tadweer launch tender to develop waste-to-energy power plant
SPIMACO says fire breaks out at unit’s warehouse
Almarai reports 7.7% higher profit in Q4
Canal Shipping Agencies names new CEO, Managing Director
CBE announces 25 January Revolution holiday
Egypt’s AOI inks cooperation protocol to manufacture natural gas cylinders
Bahri’s unit secures SAR 1.2bn Murabaha facility from Samba
Emirates Waste to Energy Company to develop UAE's first solar landfill
SABIC Agri-Nutrients reports 32% lower profit in Q4
Gold gains EGP 2/gram on Thursday
ADFD completes AED 117m renewable energy projects in five countries
Saudi Kayan swings to profits in Q4
CIRA reveals impact of cancelling cap on foreign ownership of schools
Egypt-Sudan trade exchange hits $862m in 2020
STC Q4 earnings soar 15.6%; dividends approved
Egypt signs EUR 6m deal with EU to combat COVID-19
Shaker Group enjoys strong position to achieve growth in 2021 - Interview
Mubadala Petroleum signs agreement for Red Sea Block 4 in Egypt
UAE stock markets end Thursday in red zone
AIH's unit closes EGP 308m securitised bond sale
UAE approves Russia's Sputnik vaccine for emergency use
Delta Sugar moves to loss in 2020 initial results
UAE banks grant non-residents AED 19.7bn facilities in 11M
Egypt to implement ACI system in maritime ports in July
Saudi trade surplus with China down 64% in 2020
ITFC approves Murabaha financing facility to support SMEs in Bangladesh
HDB approves inauguration of three new branches
SAMA, HRSD team up to combat money laundering, terrorist financing
Egypt inks five gold exploration deals with $13m investment
Obour Land logs EGP 310m profit in 2020
Empower registers 3% higher net profits in 2020
Three companies eye $10bn stake in Saudi Aramco's oil pipelines
Egypt’s banking sector forecast to remain stable in 2021 - Moody's
EBE's board approves EGP 546m capital raise
SAGO offers tender to buy 480K tonnes of feed barley
du, Etisalat increase foreign ownership limit to 49%
CBE offers EGP 19.25bn T-bills on Thursday
Saudi real estate price index down 0.2% in Q4
Agility raises credit facility with local, international banks to KWD 240m
STC launches cybersecurity company
Al Ramz Corporation purchases 2m shares in subscribed capital
M&A Brief of the Week
International Holdings achieves AED 3.02bn net profits in 2020
BCI announces CEO resignation
SADAFCO sees 5.7% lower profits in Q3
Egypt announces January Revolution, National Police holiday
EFG Hermes closes EGP 170m securitisation issuance for Premium International
FAB acquires Bank Audi Egypt
EGX30 ends Wednesday near 11,600 pts; market cap grows about EGP7bn
Abu Dhabi records AED 9bn investments in renewable energy - official
Yansab's net earnings soar 94% in Q4
Dubai Investments' unit nears completion of four Expo 2020 pavilions
Egypt’s manufacturing index rises 0.84% in November 2020 – CAPMAS
TASI ends Wednesday on marginal losses
Egypt’s holdings of US Treasuries hit $2.244bn in November 2020
Masdar partners with Emirates NBD Asset Management for UAE’s first green REIT
NCB Capital to see long-term benefits after NCB, Samba tie-up – Moody’s
ADCB Egypt mulls EGP 2-3bn loans
UAE stock markets maintain upward performance on Wednesday
Sharjah Islamic Bank records 26% lower profits in 2020
Emirates NBD lists $750m conventional bond on Nasdaq Dubai
Juhayna Food Industries accepts resignation of Safwan Thabet
Global oil demand to recover to pre-pandemic levels before 2022 - UAE Energy Minister
Egypt's FRA grants custodian licence to Mubasher Capital
Memphis Pharmaceutical’s pretax profit jumps 463% in H1-20/21
Saudi MoF closes January issue of local Sukuk Program at SAR 2.95bn
Tabreed, Masdar expand partnership to offer efficient cooling to sustainable cities
MNHD generates EGP 7bn in pre-sales during 2020
Ganope aims to drill 11 exploratory wells in FY21/22
Egypt among top 10 fastest growing GDP countries by 2030 – Standard Chartered
Mawani launches first shipping route in 2021 at Jeddah Islamic Port
UAE's holdings of US Treasury bonds hit $36.8bn in November
Banque Misr inks EUR 425m loan deal with EIB
Saudi holdings of US T-bonds hit eight-month high in November
Dubai's Consumer Confidence Index registers highest level since 2017
NCB starts issuing USD-denominated Additional Tier 1 Sukuk
Abu Dhabi government partners with Aldar to develop AED 45bn capital projects
Zee Stores acquires majority of Royal Horizon for AED 80m
Riyad Bank starts offering Tier 2 Sukuk
Egyptian Countryside cancels interest in grace period for 1.5m feddan project beneficiaries
EGX ends in Tuesday in green on foreign purchases
EFG Hermes tops brokerage firms in Egypt, Kuwait, Dubai, Kenya
Riyad Bank plans issuing Tier 2 Sukuk
Saudi Airlines pens MoU with Spartan for aircraft maintenance training
TASI levels down 0.33% at Tuesday’s close
Sukari mine's gold production drops 6% in 2020
Egypt's FRA considers IPO request with expected valuation of EGP 1bn
KSA seeks to generate 50% of electricity using renewable energy by 2030
Deyaar hands over Bella Rose Project in Dubai
UAE stock markets end Tuesday in green zone
Mashroak finances 7,460 SMEs in Kafr El-Sheikh with EGP 865m
Palm Hills Developments approves long-term syndicated loan deal
Egypt eyes digital transformation in non-banking financial services
Saudi Aramco, STC launch Dammam 7 supercomputer
Emirates partners with IATA to use IATA Travel Pass amid COVID-19
SWCC, WTTCO ink assignment of management services agreement
Qatar Airways resumes flights to Cairo
Egypt’s trade deficit shrinks 17% in 2020
Alkhabeer Diversified Income Traded Fund stock surges on debut
RAK International Airport partners with Bahrain's Gulf Air