Latest news

Date Title
EG Bank eyes 15% higher profit in 2021
Empower cuts AED 48m in district cooling charges
Orascom Development sells stake in New City Housing for EGP 128.6m
CBE offers EGP 16bn T-bonds on Monday
General Electric, Nestle executives top Forbes Middle East’s "Global Meets Local" list
TAQA's shareholders nod to new dividend policy for 2020-2022
Business activity in Dubai falls in November; job shedding eases - PMI
UAE banks provide AED 1.81trn loans in October
Egypt receives second shipment of Chinese COVID-19 vaccine
Egypt’s MSMEDA finances small, micro-enterprises in Qena with EGP 37m in November
Egypt’s inflation expected to average at 4.8% in FY20/21 - Beltone
Jabal Omar sells land plot for SAR 830m
CBUAE records 3% YoY lower foreign assets in October
Egypt's Public Business Sector Ministry settles EGP 33bn debt
TASI ends Sunday's session on marginal gains
UAE banks' investments hit AED 448.1bn in October 2020
Maharah eyes majority stake in Spectra Support Services
Saudi NWC to provide drinking, treated water to Qiddiya project
UAE forecast to record 1.3% GDP growth in 2021 - IMF
Saudi Arabia's healthcare sector undergoing evolution, finds report
Bahrain approves Sinopharm COVID-19 vaccine
Capital Link aims to invest EGP 1bn in project in New Administrative Capital
UAE stock markets end Sunday on varied note
CSD registers two companies for listing on ADX
Egypt invests EGP 1.5bn in upgrading electricity networks in Cairo in six years
Dubai Investments signs contract to open Carrefour store in Mirdif Hills
Kingsway Fund trims stake in Edita Food Industries
Canal Shipping Agencies' OGM approves dividends for FY19/20
Seera teams up with Hilton to enhance its global hospitality network
UAE expected to see 3.6% growth in non-oil GDP by end of 2021 - CBUAE
Egypt allocates additional EGP 15.8m to Local Development Fund in FY20/21
Alexandria Container's shareholders approve dividends for FY19/20
Abu Dhabi implements AED 37m infrastructure projects in Al Wathba, Al Khatim
Tadawul drops in week; market cap loses SAR 73bn
Qalaa Holdings sees losses widen 595% in 9M
Moro Hub partners with US Facilio to foster UAE's energy saving strategies
Kima turns to loss in Q1-20/21 unaudited results
Egypt's FRA approves seven securitisation bond issues worth EGP 9.3bn
Sumou Real Estate pens deal to develop land in Eastern Province
Sharjah grants AED 600m contracts to contracting companies
CBE offers EGP 16.5bn T-bills on Sunday
Riyad REIT invests SAR 92.5m in US office building
Salama launches new brand identity
Yanbu Cement approves SAR 197m dividends for H2-20
Wafa Insurance’s board proposes SAR 300m capital raise
Emaar names Alabbar managing director; new chairman appointed
Fitness Time opens first Ladies Xpress, low-cost gym in Jeddah
EBRD provides TAQA Arabia $10m package to expand renewable energy in Egypt
Jabal Omar Development posts 79% higher quarterly loss
TASI levels down 0.19% on Thursday
MIS cancels deal to acquire 75% of Fingerprint Consulting
National International Holding's unit sells property for KWD 2m
Saudi Arabia approves Pfizer-BioNTech COVID-19 Vaccine for use
EIPICO plans to invest EGP 2.2bn in five years
UAE stock markets maintain upward performance on Thursday
Egypt allocates EGP 47bn to Upper Egypt development in fiscal year 20/21
Red Sea Mall offers free electric vehicle charging in a first
UAE records 1,255 new COVID-19 cases
October Pharma eyes EGP 91.4m profit in FY21 budget
Suez Canal Technology's OGM nods to EGP 1.5/shr dividends
ADNOC considers selling waste management assets
Egypt is shining star among emerging economies, says finance minister
UAE maintains 2nd place on economic level in Global Knowledge Index 2020
M&A Brief of the Week
DGCX selects Cigniti as strategic quality assurance service provider
Saudi Arabia issues over 400K tourist visas in 6M
CBE to offer EGP 19bn T-bills on Thursday
Egypt’s inflation records 6.3% in November
du, Smart Dubai launch blockchain paperless property rental platform
Abu Dhabi Ports partners with Israel's MAI to cooperate in trade, technology
Riyad REIT pens SAR 540m loan deal with Riyad Bank
Al Samaani to begin trading on main market today
Egypt's El-Salam-10th of Ramadan LRT reaches 70% completion
CAYESH, EFG Hermes Corp Solutions to provide digital supply chain financing solutions
Moody's assigns UAE government Aa2 rating; outlook stable
Mubadala joins consortium to acquire US-based Truck Hero
Egypt invests EGP 3bn in upgrading electricity networks in Giza in six years
Dekheila, Ain Sokhna collect EGP 2.9bn taxes, customs in November
UAE aims to embrace 1m companies in 10 yrs
UAE stock markets close Wednesday on green territory
Emicool starts reducing fuel surcharges on electricity, water bills
Speed Medical approves MoU with Saudi Elaj Medical Group
Maersk chooses Agility warehouse in Cote D’Ivoire to establish regional facility
UAE reports 1,313 new COVID-19 cases
Arab Dairy sees EGP 425m block-trading deal
Egypt, AFD ink development financing deals worth EUR 715.6m
Dubai banks pump AED 38bn into economy in 12M
EGX announces EGP 207m block-trading deal on Electro Cable’s shares
Beltone's shareholders approve deals with OIH, Gemini
Etisalat mulls establishment of 3 smart cities in Dubai, Abu Dhabi
Saudi local cement sales rise 16.5% in November
Global Islamic Finance assets may hit $3.69trn in 2024 - Report
United Housing sees EGP 44m block-trading deal on Wednesday
OIH approves sale and leaseback deal with Beltone’s unit
IBM inaugurates Security Operations Center in Saudi Arabia
ADNOC awards US-based Occidental onshore exploration block in Abu Dhabi
EGX approves listing capital raise shares of Egypt Gas
UAE officially registers China's Sinopharm inactivated COVID-19 vaccine
Eastern Co. achieves record sales in November
Abu Dhabi to resume economic, tourist, entertainment activities