Latest news

Date Title
Dubai to host GITEX Technology Week on 6-10 December
JADCO, TADCO approved as members of Seed Producers Committee for 5 years
CBE offers EGP 19bn T-bills on Sunday
Tadawul down in week; market cap loses SAR 14.7bn
Amlak Finance sells 3.7m shares
Al Ahlia Insurance, Gulf Union merger comes into effect
Agility's unit wins contract to manage workers' return to Kuwait
Advanced Petrochemical’s unit receives approval on SAR 3bn loan from SIDF
Leejam inaugurates new women's fitness centre in Riyadh
Electro Cable's shareholders approve one-to-five stock split
EGX ends Thursday mixed; market cap gains EGP 1.2bn
CBE to offer $1bn T-bills next week
TASI ends Thursday in red; NomuC rises
KSA’s NWC pens first management deal with Saudi-French-Filipino consortium at SAR 198m
UAE launches Falcon's Eye satellite to celebrate National Day
Three Saudi airports ranked as safest among Mideast, Africa airports
Egypt’s poverty rate falls for first time since 1999
Egypt inks STATCOM installation deal worth EGP 431m
Loans granted to Saudi gov’t bodies, private sector hit record high in October
Saudi bank deposits rise to record high in October, nears SAR 1.9trn
Egypt extends ban on sugar imports for three months
Kima's board proposes EGP 2bn capital increase
Raya Holding approves subsidiary's proposal to acquire two companies
Filipino labour in GCC records $3.7bn remittances in 9M
Oriental Weavers Carpet receives EGP 235m under export support initiative
Saudi PIF seeks up to $7bn loan for new investments
Centamin plans $595m investments in Sukari mine over three years
Ten brokerage firms acquire 84% of Tadawul’s turnover in November
Juhayna appoints Seifeldin Thabet as acting chairman
Egypt's private sector growth softens in November on COVID-19 concerns
Aljazira Capital remains positive on Saudi cement sector
CBE offers EGP 20bn T-bills on Thursday
MedGulf CEO resigns
Saudi PMI sees third successive rise in November as virus impact eases
M&A Brief of the Week
MIS secures SAR 500m loan from Al Rajhi Bank
Foreign investments in Egypt’s debt instruments hit $23bn – Maait
Juhayna’s stock slides 6.4% after chairman’s arrest
Egypt to receive $1.6bn tranche from IMF by December-end
Egypt aims to increase food exports to Kuwait to $130m
TASI extends losses on Wednesday for second day
EIC announces liquidation of unit
Dur Hospitality inaugurates new Holiday Inn and Suites hotel in Jubail
Juhayna continues to operate normally after chairman's arrest
Legal Advisors, Baker McKenzie advise on gig’s acquisition of AXA's Mideast business for $474.8m
Egypt aims to secure 20m COVID-19 vaccine doses
Egypt makes e-invoicing mandatory for state-run firms as of July 2021
SCZone’s investments grow to $18bn
SABIC develops two products to support pharma industry
Aldar currently manages gov't projects worth AED 5bn - Interview
Bank ABC in exclusive talks to acquire Blom Bank Egypt
Egypt’s public investments rise to EGP 595m – Minister
Ora Developers inks EGP 2.5bn loan deal with four banks to finance ZED West
Egypt extends deadline for reconciliation over building violations until 2020-end
Eni inks deals to reopen Damietta LNG plant by Q1-21
Marakez opens new mall in Egypt with EGP 260m investments
KSA’s new Chambers of Commerce System enhances business competitiveness
Saudi Amiantit’s EGM approves capital cut, increase
Egypt’s El-Molla expects oil prices at around $50 pb until 2021-end
EGX30 ends Tuesday above 11,000 pts
Banque du Caire obtains $30m subordinated loan from SANAD
TASI slips 0.29% on Tuesday
Mubasher International among top 10 brokerage firms on EGX in November
SAMA’s governor, CMA chairman provide insights into fintech during event
EGX gains EGP 35.4bn in market cap in November
Four banks to pay EGP 23bn overdue export subsidies
Wellpro Group expands into Saudi Arabia
Suez Canal's revenues rise to $488m in November
UAE reports 1,289 new coronavirus cases on Tuesday
GSK Egypt responds to reports about Amoun Pharma acquisition
Egypt close to sign deal with US Bechtel to build Cairo Metro Line 6
Saudi consumer spending drops SAR 115bn in 10M
Dice incurs EGP 56.5m loss in 9M consolidated financials
Saudi gov’t launches water, environmental projects in Asir for SAR 800m
Arabtec Holding's shareholders vote for liquidation
Dubai’s DMCC opens representative office in Tel Aviv
Egypt’s tourism revenues down 22%, net FDI slides 9.5% in FY19/20
Elsewedy-Toyota consortium inks EGP 1.46bn deal with North Cairo Electricity Distribution
TASI rises to four-year high in November
Egypt's trade deficit shrinks 4.1% in FY19/20
Tadawul, IHS Markit develop local currency Sukuk indices
Citigroup, Goldman Sachs complete accelerated bookbuild to sell 115.9m shares in SABB
Aljazira Takaful receives go-ahead to merge with Solidarity
Egypt plans to raise local components of locomotive industry to 45%
Egypt’s manufacturing index rises 1.6% in September
Tadawul approves listing of SAR 794.5m gov’t debt instruments
Banque du Caire in talks over EUR 50m loan
TASI extends gains on Monday for seventh day
Two Jadwa Investment funds invest SAR 500m in private real estate fund
UAE stock markets see positive performance in November
EALB raises loan portfolio to EGP 21bn
Saudi banks’ investments in gov’t bonds hit SAR 431.6bn in 10M
NBE considers contributing to EGP 20bn syndicated loans
GFH acquires private school for special education in Bahrain for $250m
Maridive's pre-tax loss balloons 230% in 9M
Saudi banking sector performs well in Q3 despite pandemic slowdown
UAE banks provide AED 100m credit facilities to SMEs in Q3-20
DFM up on Monday; ADX down
UAE banks exempt Emiratis from AED 870m debt
Allianz Egypt announces Mayar Sherif as brand ambassador