Latest news

Date Title
Fitch says GCC Islamic banks have stable 2021 outlook, except for Saudi lenders
BH Mubasher terminates liquidity provider agreement with Union Properties
BinDawood’s Danube to open first international branch in Bahrain
Abu Dhabi Department of Energy partners with Dell for information technology, security
Ataa Educational’s profits down 70% in 3M
Egypt inks EGP 840m deal to build electricity control centre in new capital
Juhayna names new chairman
ADNOC officially launches second trading arm
Egyptian businesses expect pre-pandemic profitability by 2022-end – HSBC survey
EGX ends Tuesday in green on local, Arab purchases
Egypt’s cabinet approves contract to build Sixth of October dry port
Saudi POS sales up to SAR 326bn in almost 11 months
UAE's e-commerce sales expected to hit AED 100bn in 2022
Egyptian banks' balances abroad jump to $19.2bn at November-end
TASI ends Tuesday’s session on marginal losses
Egypt submits application to COVAX to get COVID-19 vaccine
Saudi Aramco, Baker Hughes commence construction on non-metallics JV
Egypt sees 31.5% annual rise in value of roads, bridges, tunnels
Saudi environment ministry launches Reef programme to support small producers
UAE stock markets end Tuesday's session on positive note
Emirates NBD introduces Enterprise Payment Hub in most of entities, markets
Investcorp sells Avira to NortonLifeLock for $360m
Italy to provide EUR 3m grant to Egypt’s leather, furniture, marble industries
UAE confirms 1,260 new COVID-19 cases
Egypt implements EGP 431bn petroleum projects in two years
UAE bank branches fall to 665 in November
Serco Middle East names new country director for Saudi Arabia
Egypt receives new batch of Russian railway cars
DUBAL Holding acquires 60% stake in UAE's OSE Industries
ASCOM changes plan of using capital raise proceeds
Mubadala, Arbor Ventures invest in fintech startup tabby's $23m funding round
Pyramisa Hotels sees EGP 10m block-trading deal on Tuesday
KSA has 41 steel factories with 18m tonnes capacity
Alexandria Pharmaceuticals sees profit edge up in 4M
Dubai's Tristar wins $8m contract with Linde Global Helium
ESIH raises stake in Dice’s capital to 10% for EGP 27.4m
Ezz Steel suffers EGP 4.11bn loss in 9M
Eshraq Investments to consider new hotel operation company's establishment
UAE non-oil private sector down in November amid lower demands - IHS Markit
Tadawul delists Al Ahlia Insurance’s shares
GFH acquires international university in Bahrain for $100m
SAPTCO to use SAR 183.5m statutory reserve to offset accumulated losses
Amana Cooperative’s board proposes 45.8% capital cut
Egyptian expat remittances rise $1.3bn in Q1-20/21
Egypt’s budget deficit to GDP ratio falls to 2.1% in Q1-20/21
EGX30 ends Monday below 11,000 pts
CBE to finance deployment of POS devices with EGP 1bn
TASI resumes upward performance on Monday
Barakah Unit 1 achieves 100% power capacity
Egypt-France bilateral trade hits $1.6bn in 9M
UAE-Israel bilateral trade expected to reach $5bn - DP World
CBE makes amendments to two tourism initiatives
Emaar Properties suspends new projects amid property glut, COVID-19
Egypt’s gold reserves decline for third month in row
UAE stock markets maintain upward performance on Monday
Monshaat launches innovation, entrepreneurship programme for SMEs
Egypt allocates EGP 10.8bn investments for Red Sea Governorate in FY20/21
CBK sells KWD 280m bonds
Egypt’s Public Business Sector, Petroleum Ministries ink EGP 13.5bn debt settlement deal
CBE extends two tourism initiatives until December 2021
Silicon Valley’s Diamond Foundry opens international office in DMCC
Jazadco inks binding deal to acquire Jazel Investments for SAR 410m
Saudi Paper's EGM agrees SAR 100m capital raise
Alexandria Customs issues clearance for EGP 5.7bn cars, spare parts in November
Emirates Refreshments' OGM nods to maximum limit for foreign ownership
ASCOM's board approves debt restructuring deal with Banque Misr
CBE offers EGP 8.5bn T-bonds, $1bn T-bills on Monday
UAE considers creating UAE Good Delivery Standard, federal gold platform
ADIO provides AED 152m incentives to three AgTech companies
Fawaz Alhokair obtains commercial franchise rights from France's Decathlon
Raya Holding in talks to sell BariQ
Egypt’s int’l reserves hit $39.221bn in November – CBE
du to open two outsourcing data centres in Dubai, Abu Dhabi
KSA to announce registration mechanism for coronavirus vaccination soon
Egypt allocates EGP 6bn annual investments for renewable energy
Dubai sees 42 government entities joining Paperless Strategy
Bupa Arabia to provide health insurance services to NCB employees, families
Raya Holding eyes over EGP 500m investments in 2021
Egypt expects 500 exporters to receive overdue subsidies by mid-December
Saudi banks’ net foreign assets fall to six-month low in October
Egypt among 25 most resilient countries in facing COVID-19 – Bloomberg
Dubai directs district cooling companies to cut customers' bills
TASI ends Sunday's session on negative note
Binghatti Hospitality launches new brand in Dubai
DFM maintains positive performance on Sunday; ADX exceeds 5,000-point level
Raya Holding to invest in a new venture capital fund
Saudi Aramco raises official January crude price to Asia
Sheikh Mohammed bin Rashid issues decree to appoint DIFC's higher board
REDF empowers over 73K Saudi women to own homes
Kafr El Zayat Pesticides approves credit facility from Al Baraka Bank
Dubai Economy, Zoho partnership supports 500 businesses in Dubai
Reedy Group plans EGP 11-15bn real estate investments in five years
Egypt’s domestic liquidity hits new record of EGP 4.8trn in October
Abu Dhabi banks invest AED 19bn in debt securities in 9M
Raya Holding to proceed with acquisition of i2, URC
Axilion Smart Mobility opens regional headquarters in Dubai
Egyptian banks remain exposed to medium-term risks – Fitch
Tamheer programme supports 3 new occupations in bid to nationalise jobs
Dubai CommerCity partners with Magento, Redbox to boost e-commerce growth
Elsewedy’s unit inks EGP 193m deal to build Delta regional control centre