Latest news

Date Title
El Kahera Housing sees EGP 174m block-trading deal
Saudi Arabia starts COVID-19 vaccination programme
ADNOC considers acquisition of Egypt’s Wataniya Petroleum Company
MNHD to appoint financial advisor to conduct FV report on Nasr Company
El-Sisi approves $500m loan from IBRD to finance social housing
Amer Group begins construction of administrative building in New Administrative Capital
M&A Brief of the Week
CBE offers EGP 18bn T-bills on Thursday
Saudi GDP shrinks 4.6% YoY in Q3
Arabtec Holding files application for liquidation
Target For Real Estate Investment raises sake in Dice in EGP 27m deal
Egypt’s Cabinet approves EUR 200,000 Spanish grant
Egypt builds EGP 5.4bn roads in Aswan during 2020
National Building cancels deal to buy Etihad Al Kharj
TASI ends Wednesday’s session in green
Egypt’s holdings of US Treasuries rise to two-year high in October
KSA licenses 830 factories with SAR 21bn capital in 11M
UAE stock markets end Wednesday’s session higher
KSA receives first shipment of COVID-19 vaccine
Egypt upgrades electricity networks in Qena with EGP 1.6bn in six years
Saudi Arabia to get SAR 25bn in dividends from PIF this year
Etisalat names Hatem Dowidar as new CEO
Egyptian banks’ net foreign assets recover from pandemic-hit lows
Dubai's inflation down 3.7% in November
Saudi finance minister expects budget deficit to drop next year
CIB to hire int'l firm to review controls and lending functions
Egypt reviews payment of EGP 9.9bn in overdue export subsidies
GMG takes over Southeast Asia’s sports retailer RSH
DAMAC Properties says 3% of shares owned by foreign investors
CIB's 9M profit drops 14%
Egypt’s Maait calls for urgent investigation into Alexandria Port warehouse fire
KSA investments in US bonds hit seven-month high in October
Hail Cement’s board approves full settlement of SIDF loan balance
UAE cuts investments in US T-bonds to $29bn in October
SABIC plans SAR 4.5bn in H2 dividends
ANB, Walaa Cooperative pen bancassurance distribution deal
Cotton & Textile Industries Holding Co inks deal to develop unused assets
Target For Real Estate Investment trims stakes in Dice, Golden Coast
Sipchem, Linde team up to develop industrial gases projects in KSA
Sipchem plans SAR 366.7m dividends for FY20
TASI levels down 0.01% on Tuesday
Egypt achieves primary surplus of EGP 5.2bn in 4M
Sipchem CEO to retire
Egypt responds to news about Edfina liquidation
SACO opens new store in Khamis Mushait City
UAE-Bahrain trade exchange hits AED 28.7bn in 2019
ADNOC plans to direct AED 160bn in economy through ICV programme
Saudi ports handle 622K containers in November
ADIB UK provides AED 216m financing for B&Q let retail warehouses in UK
Egypt’s FRA becomes member of Network for Greening the Financial System
Abu Dhabi's Mubadala invests in Asper's Dorothea investment vehicle
Egypt pays EGP 425m for universal insurance claims
Saudi banks stay resilient amid pandemic, says KPMG
Egypt’s exports to Japan surge to $176m in 5M
Abu Dhabi launches AED 524m agricultural investment projects
Saudi Arabia begins registering citizens, residents for COVID-19 vaccination
Alexandria Container names Managing Director; Workers protest bonus cut
UAE's foreign tea trade hits AED 2.89bn in 18M
Arab Cotton Ginning's loss shrinks 81% in Q1 initial consolidated results
Ajman Free Zone completes 73% of eco-friendly zone project
KSA wholesale prices rise 5.5% in November
Domty expects EGP 800m revenue in Q4-20
Saudi CPI jumps 5.8% in November
IFA sells asset to repay last instalment in loan
Egypt's diversified economy supports B2 credit rating – Moody's
Almarai’s board recommends SAR 1/shr dividends for FY20
Seera Group completes three mid-range hotels
Salama's board considers 5.25 fils/shr special dividend distribution
SAFCO plans SAR 476m dividends for H2
National Marine Dredging's OGM nods to merger with NPCC
Dallah Healthcare to pay SAR 0.5/shr in H1 dividends
SAFCO announces maintenance shutdown at SAFCO 4 Plant
Egypt builds 142 residential buildings at EGP 3.23bn cost
Egypt produces 6.2bn cubic feet of natural gas per day
EGX gains over EGP 3bn in market cap at Monday's close
GACO files lawsuit against Saudi environment ministry
EFG Hermes selected to advise on sale of Army-affiliated firms
Egypt's Ministry of Finance denies increasing VAT on food commodities
TASI extends gains on Monday; turnover nears SAR 11bn
KSA launches initiative to protect innovative pharmaceuticals
Ithmaar Holding hires financial, legal advisors for BBK's acquisition plan
Egypt’s MSMEDA to finance natural gas conversion of 150k cars over three years
RAKBANK inks 10-year life insurance agreement with MetLife
stc to set up premier regional digital hub
UAE stock markets end Monday's session on marginal gains
Reportage Properties launches new logo to reflect growth, future expansion plans
Foreign ownership on Tadawul marginally down in week
EFG Hermes issues short-term bonds worth EGP 500m
UAE reports 1,092 new COVID-19 cases
Kuwait C.bank issues KWD 290m worth of bonds, Tawarruq
UK pledges GBP 1m to support Egypt's efforts against COVID-19
Novo Nordisk Saudi recognised as best place to work in KSA for 2020
Schoolvoice partners with FAB's payit to boost digital payments at UAE schools
Foreign investors on Tadawul sell SAR 16.2m of stocks in week
Iraq-Jordan-Egypt electric interconnection project currently underway – Minister
Abu Dhabi's IMKAN grants AED 134m mall construction contract to Bymaro
MNHD's shareholders approve NUI stake sale agreement
UAE represents 11% of global gold exports
Investcorp takes over Denmark-based Sanos Group
Pharmacists end Ibnsina Pharma boycott as 3elagi deal canceled