Latest news

Date Title
Nile City Investments records 92% lower profit in 2020
Al Mazaya Holding completes off-market trade for 25m shares
Egypt approves $50m loan deal for combating COVID-19
Emirates NBD expected to sell $750m in AT1 bonds
Melinda French Gates acquires stake in Orascom Construction
The Sovereign Fund of Egypt, EFG Hermes ink deals to acquire 76% of aiBANK
Speed Medical's board approves listing shares on DFM
Al Hammadi’s shareholders approve SAR 60m dividends
Orascom Construction reports 4% lower profits in Q1-21
Egypt Gas turns profitable in Q1-21
Saudi Arabia’s wholesale prices up in April
Ooredoo appoints new CEOs in Oman, Algeria
CI Capital Holding's profit plunges 97% in Q1-21
Saudi Arabia’s inflation rate rises in April
TADCO says accumulated losses shrink to 9% of capital
EFG Hermes, TSFE receive Cabinet’s approval to acquire aiBANK
Samena Limestone sells 17.55% stake in RAK Ceramics
Jazadco achieves SAR 2m net profit in Q1
CBE offers EGP 16.5bn T-bills on Thursday
Saudi German Hospital’s Q1 profits plunge 43%
Dubai opens MENA’s first solar-powered green hydrogen facility
Dubai launches new digital crowdfunding platform for startups
Alexandria Container logs EGP 1.11bn profit in 10 months
Integrated Diagnostics Holdings records EGP 609m profit in 2020
Saudi Paper to boost production capacity through SAR 9m deal
TASI, NomuC end Wednesday lower
Al Kathiri Holding obtains CMA’s nod for SAR 23m capital hike
EGX ends Wednesday in green; market cap down EGP 13.8bn
DIFC sets hybrid format for FinTech Accelerator 2021 to support more FinTechs
Development Works Food acquires 100% stake in seafood firm
Integrated Diagnostics Holdings to debut trading on EGX on Thursday
Gold prices in Egypt fall EGP 3/gram on Wednesday
Saudi Research and Media’s profits soar 41% in Q1
Union Properties denies conversion into private joint-stock company
Iron prices in Egypt jump EGP 5k/tonne in seven months
DFM ends Wednesday up; ADX down
Saudi Arabia requests airlines to register traveller vaccination status
FRA approves Credit Agricole Egypt's capital hike
CBE issues amendments to hotel renovation, tourism support initiatives
UAE to allow 100% foreign business ownership from 1 June
Orascom Construction's shareholders approve dividends for 2020
Sabaa Pharmaceutical's shareholders approve capital raise via bonus issue
Reem Investments to raise AED 6bn in debt, fresh equity
Egypt's micro-enterprise funding portfolio jumps to EGP 47bn
Saudi Arabia’s HVAC market to exceed $4.8bn in revenue – Report
ENOC plans to open 25 new service stations across UAE
Gulf-based firm accepts Raya Contact Center's acquisition offer
Integrated Diagnostics Holdings sees EGP 93m block-trading deal
Khalifa Fund launches multi-format digital knowledge platform
Al Wefaq Developments eyes EGP 1bn investments in New Administrative Capital
Registration in Riyadh Techstars Accelerator begins
ADIB to launch digital platform for corporates in Iraq
PETROJET, Baker Hughes ink MoU to boost cooperation
Taiba Investments turns to loss in Q1
Hub71 selects 16 tech startups in first 2021 cohort
NMC logs higher profit of SAR 36m in Q1
EFG Hermes reports 215% higher profits in Q1-21
Al Quoz records 12,437 operating businesses to date
UAE’s holdings of US Treasury bond hit $45.6bn in March
Aljazira Takaful records SAR 14m profits in Q1
Number of foreign employees at Egypt’s public, government sectors drops 15.6% in 2020
TASI closes Tuesday in green; NomuC down
Baazeem achieves 10% higher profits in Q1
Fawry's market cap down EGP 16.1bn as rights issue cancelled
Maadaniyah’s Q1 losses shrink 5%
EGX executes Taaleem's price stabilisation transaction at EGP 44m
Red Sea International appoints Chairman, Vice Chairman
EGX ends Tuesday in green; market cap grows EGP 8bn
Saudi Arabia’s tourism sector remains buoyant by domestic demand
Gold prices in Egypt rise more than EGP 10/gram in two days
Egypt allocates $500m for reconstruction efforts in Gaza
Fitch affirms Sharjah Islamic Bank’s rating at BBB+; outlook stable
Dubai Holding takes part in Arabian Travel Market 2021
Fitch affirms Commercial Bank of Dubai's rating at 'A-' with stable outlook
Saudi Arabia’s holdings of US treasuries decline in March
Egypt proposes financing methods for repaying debt, buying vaccines in Africa
First flight form Hail International Airport heads to Cairo
Egypt’s holding of US Treasuries rises to highest level in nine months
Speed Medical to set up new consumer financing firm
Saudi Arabia ranks 5th worldwide in mobile internet speed
ADNOC invests $318m to connect smart wells to Bu Hasa field
Al Kathiri Holding records SAR 4m profits in Q1
Integrated Diagnostics Holdings sees EGP 371.5m block-trading deal
Egypt's Homzmart secures $15m in Series A financing
Ministry of Housing invests EGP 17.3bn in Assiut since 2014
Ahmed Ezz ups stake in Ezz Steel for $81m
Saudi Paper signs SAR 58m deal with Italy’s Toscotec
IFA turns to profitability in Q1-21
Sidpec turns profitable in Q1-21 on higher sales
SABB’s subsidiaries enter into SAR 766.5m deal
CBE offers EGP 29bn T-bills, bonds on Tuesday
ADSB awarded AED 3.5bn contract to build patrol vessels for UAE navy
Alkhorayef Water awarded SAR 115m contract
Emirates NBD hires banks for US dollar AT1 bond issuance
UAE reiterates commitment to cut CO2 emissions by 70%
Contact Financial Holding logs EGP 115m profit in Q1
Egypt’s Senate preliminarily approves draft law on sovereign Sukuk
Saudi Arabia allows travelling to Bahrain upon terms
EGX ends Monday mixed
TASI, NomuC end Monday in green