Latest news

Date Title
SABIC hires NCB for speciality chemicals unit IPO
Banks in UAE provide 4% higher loans in November
Foreign investments in Egypt's debt instruments rise to $26bn
UAE banks’ investments in bonds, stocks rise in November
Egypt allocates $1.6bn to buy COVID-19 vaccines
CBE offers EGP 17bn T-bonds on Monday
About 300K people in KSA vaccinated against Covid-19 - health official
Egypt nears completion of vaccine complex at EGP 142m cost
EGX ends Sunday mixed; market cap rises EGP 3.5bn
Emaar to support development of Rixos Emerald Shores resort project
Ministry of Public Business Sector responds to critics of Hadisolb’s liquidation
TASI, NomuC end Sunday’s session lower
Tihama’s unit inks SAR 9m deal with Saudi Broadcasting Authority
Egypt allocates EGP 5.5bn for Hayah Karima Phase I
MEPCO extends SAR 101m loan deal with Riyad Bank
Mubadala, Adnoc Group, ADQ form “Abu Dhabi Hydrogen Alliance”
UAE C.bank’s assets total AED 441bn in November
Hadisolb reveals proforma financial results of demerged, resulting companies
Emirates’ trade surplus with GCC hits AED 3bn in 9M
Alexandria Container’s profit falls 15% in H1-20/21 unaudited results
Saudi Arabia sets up SAR 1bn firm to develop holy sites
Domty authorises EALB to mortgage bakery production line
EG Bank's standalone profit down 7% in 2020
Talaat Moustafa Group reveals new project with EGP 500bn investments
Orascom-Siemens-Arab Contractors consortium inks MoU to build high-speed rail system
Third edition of Future Projects Forum to kick off in March
Bank ABC inks deal to acquire Blom Bank Egypt
CBE offers EGP 16bn T-bills on Sunday
Expo 2020 Pavilions Premiere reveals Terra to visitors ahead of World Expo
CI affirms UAE’s sovereign ratings with stable outlook
Saudi Fransi Capital to pay SAR 8.2m in REIT dividends
NCB plans issuing dollar Additional Tier 1 Sukuk
Bahrain's Bank ABC completes acquisition of Blom Bank Egypt for $480m
Talaat Moustafa Group's unit gets approval to develop 5k feddans in Capital Gardens City
Egypt approves power purchase deal for Gulf of Suez wind farm
Egypt Ventures leads $1m funding round for life science startup Nawah
Amer Group’s units complete EGP 607m securitised bond sale
EGX30 rises above 11,400 pts at Thursday's close
Egypt settles EGP 16bn taxes with petroleum companies
Egypt's debt servicing costs drop 8% in 6M
Egypt’s government investments rise to EGP 102bn in H1-20/21
Egyptian banks' balances abroad surge to $20bn at December-end
ITC Launches 5G for Enterprise Customers
UAE stock markets close Thursday in red zone
Egypt achieves primary surplus of EGP 14bn in H1-20/21 despite COVID-19
UAE announces 3,382 new COVID-19 cases
CIRA's profit rises 12% in three months
Domty sees 26% higher sales in Q4-20
Egypt inks MoU with Siemens to build Ain Sokhna-New Alamein electric rail
El-Sisi issues three presidential decrees
NCLE's shareholders nod to 8% dividends
Elsaeed Contracting to build EGP 270m water purification plant in Luxor
M&A Brief of the Week
Saudi Arabia's wholesale inflation rises 5% YoY in December 2020
Egypt inks deal to secure $1.1bn from ITFC
Siemens to build 1,000-km electric rail network worth EGP 360bn in Egypt
CBE offers EGP 20bn T-bills on Thursday
Saudi Arabia sees 5.3% higher inflation rate in December
ADIO opens eight offices in global markets
Ducab appoints new CEO
Egypt ranks second in MENA’s VC investment in 2020
Egypt Aluminum resumes operations at all facilities
EGX ends Wednesday in green; market cap rises EGP 2bn
Saudi Aramco slashes February oil supplies to some refiners in Asia
ADX lists Foodco National Foodstuff on second market
Egypt cuts price of jet fuel to support aviation, tourism sectors
Heliopolis Housing launches auction to sell 270-feddan land plots in New Heliopolis City
UAE's non-oil foreign trade hits AED 1.3trn in 9M
IFA witnesses precautionary seizure by local bank
UAE stock markets maintain upward performance on Wednesday
Saudi Aramco aims to secure $7.5bn loan for oil pipeline investors
Egypt Aluminum’s annual losses exceed capital; employees strike for bonuses
UAE records 3,362 new COVID-19 cases
DAE raises $1.25bn through dollar bonds sale
Raya Holding's board approves stock split
Tabreed's unit partners with ADCP to raise energy efficiency
Hadisolb approves liquidation, disposal of lands to settle debt
Ithmaar Holding partners with Naseej to develop BHD 40m residential project
Arabian Shield proposes 33% capital rise
Ataa Educational's shareholders approve SAR 40m dividends
QNB Al Ahli reports 12% lower profit in 2020
Hassan Allam Properties ups stake in SODIC
DXB's passenger number hits 2m in December
Foodco Holding's unit, Al Ramz Capital ink liquidity providing agreement
Arabtec appoints advisors for two units' potential sale
EFG Hermes closes EGP 700m securitisation bond issuance for Amer, Qasatli, Porto
Talaat Moustafa Group to provide 2m Egyptians with COVID-19 vaccines
EGX gains EGP 760m in market cap at Tuesday's close
IHC's unit acquires 60% of Afkar Financial and Property Investment
Mubasher launches Du platforms with EGP 360m investments
Global Sukuk issuance expected to rise to $140-$155bn in 2021
Dekheila, Ain Sokhna collect EGP 3.3bn taxes, customs in December 2020
CHG invests EGP 1bn in infrastructure, medical technology upgrades since 2015
UAE stock markets close Tuesday in green zone
CBE prohibits banks from paying dividends due to COVID-19 crisis
FAB issues CNY 1.5bn Formosa bonds
Egypt’s food exports hit $3.2bn in 11M
Egypt reopens airspace to Qatari flights
Malath Cooperative maintains Moody’s rating at baa2; outlook stable
EGX halts trading on Hadisolb's stock