Latest news

Date Title
CIB's board approves capital hike via 1bn bonus shares
Amanat acquires Cambridge Medical and Rehabilitation Centre for $232m
SAMA’s assets down 3.3% in January
Beltone Financial Holding's loss widens 45% in 2020
Al Akaria raises stake in subsidiary to 100%
BCI names new CEO
Al Rajhi Bank plans 10% dividends for 2020
Heliopolis Housing postpones land auction to 31 March
Al-Jouf Agricultural turns to profits in 2020
Saudi Vitrified Clay profits grow 21.6% in 2020
Arabian Cement reports 11.4% profit drop in 2020; dividends proposed
Arabia Insurance to provide general, motor insurance services to Aljomaih Group
Al Akaria’s unit pens SAR 104.7m deal with Saudi Entertainment Ventures
CIB posts more than EGP 10bn profit in 2020
Maadaniyah plans capital reduction, increase
Herfy Food expands to Nigeria
CBE offers EGP 12bn T-bonds on Monday
Mubasher Capital obtains custodian licence
Radix Development to launch EGP 850m project in New Administrative Capital
EGX ends Sunday in red on foreign selloffs, market cap loses EGP 5.2bn
City Cement sees 16% higher profit in 2020; dividends approved
Pioneers Holding's profit down 12% in 2020
Tawuniya renews health insurance deal with SAUDIA
Sumou Real Estate reports higher annual profit, plans 50% capital raise
Arab Dairy swings to loss in 2020
Bahri's annual profits advance 153.1%
Speed Medical's unit joins alliance to acquire Alexandria New Medical Center
TASI levels down at Sunday’s close
Saudi non-oil exports down 11% in 2020
Egypt partners with UNDP, Catalyst Partners to promote SDG impact investing
UAE stock markets end Sunday’s session higher
Suez Port collects EGP 2.58bn customs, taxes in January
Amer Group allows unit to sign two agreements
MNHD logs EGP 1bn profit in 2020; dividends, bonus issue proposed
TBC launches project to improve potable water quality at Saudi schools
Amer Group's profit more than halves in 2020
GB Auto's profit leaps 2,048% in 2020; dividends proposed
Amanat sees solid recovery in Q4-20
Porto Group Holding's board decides to rebrand, set up new JV
Oriental Weavers Carpet posts EGP 1.11bn profit in 2020; dividends proposed
ADCB takes over portfolio from Abu Dhabi Finance
Porto Group Holding's profit slides 76% in 2020
Egypt reveals details of Closing Gender Gap Accelerator
Chemanol restructures SAR 475m loans with local banks
Egypt launches Closing Gender Gap Accelerator's action plan
Herfy Food opens fifth restaurant in Bangladesh
Saudi German Hospital profits up 3.5% in 2020
Misr Chemical Industries sees 449% higher profit in 7M
CBE offers EGP 19bn T-bills on Sunday
MIS explores developing renewable energy-powered data centres in KSA
Riyad Bank plans 5% dividends for 2020
Najran Cement plans SAR 0.75/shr dividends for H2-20
SISCO reports 174% leap in annual profit; dividends recommended
Solidarity’s annual losses up; merger with Aljazira Takaful effective
Alexandria Medical Services gets FRA's approval on capital raise
FRA greenlights MTO for Alexandria National Co for Financial Investment
EGX30 ends Thursday above 11,600 pts; market cap up EGP 7.3bn
Mouwasat’s board recommends SAR 2.5/shr dividends for 2020
Al Baraka Banking Group achieves 8% lower net income in 2020
Egypt to roll out property tax services online via Digital Egypt platform
Zain KSA’s accumulated losses down to 0.6% of capital
Upper Egypt Mills records 20% lower profit in H1-20/21
TASI, NomuC rise at Thursday’s close
EFIC's profit slides 38% in 2020 on lower sales
Digital Egypt platform offers 45 government services
Taiba Investments registers 42.5% drop in annual profit
Saudi chambers council to enhance private sector’s role in international partnerships
UAE stock markets close Thursday on varied note
Mansoura Poultry's profit jumps 6,069% in 2020; bonus issue proposed
IDEX and NAVDEX 2021 deals exceed AED 904m on 5th day
Fawry still in preliminary talks to acquire additional stake in Fawry Plus
Saudi trade exchange with 4 Gulf countries falls 6.1% in 2020
UAE reports 3,025 new COVID-19 cases
Egyptian Businessman Hussein Sabbour passes away at age of 85
Profits of Saudi banks down 23% in 2020
M&A Brief of the Week
S&P Global ratings on GCC insurance market expected to remain stable in 2021
Assiut Islamic Trading's profit rises 13% in 2020; Chairman votes against proposed dividends
Eastern Co achieves EGP 2.95bn profit in 7M
CBUAE imposes sanctions on non-authorised individual related to exchange house
Flydubai expands operations in Romania with new flights to Cluj-Napoca
HDB reports 7% lower profit in 2020 initial results, eyes EGP 2bn profit in 2021
Alkhorayef Water to start trading on Tadawul next Monday
Edita’s profit down 15% in 2020; board proposes dividends, capital cut
ADSB inks reciprocal agreement with Novamarine
Saudi Cable plans SAR 360m capital increase
CBE offers EGP 18bn T-bills on Thursday
Saudi Steel Pipe’s losses surge 28.7% in 2020
ADNOC, ICE prepare for launching ICE Murban Crude Oil futures in March
ANB annual profit slides 31.5% in 2020
MEPCO inks SAR 123m deal with Italy’s Toscotec for new production line
Emirates NBD's OGM nods to 40% dividends for 2020
Zahrat Al Waha profits down 28.4% in 2020; dividends proposed
SABB swings to losses in 2020
Alinma Investment to pay SAR 18m dividends to Alinma Sukuk ETF Fund
Obour Land's OGM nods to EGP 240m dividends for 2020
TASI, NomuC end Wednesday’s session lower
New Finablr owners in merger talks with Bahrain's BFC Group Holdings
ADF provides SAR 500m in loans during 2020
Misr Cement - Qena reports EGP 33.85m profit in 2020