Latest news

Date Title
UAE reports 1,311 new COVID-19 cases
M&A Brief of the Week
Egypt obtains $754.4m in developing financing for Bedouin communities
Saudi Arabia registers SAR 16.36bn trade surplus in October
NBE, Banque Misr provide EGP 50m to support small farmers
GSK Egypt considers merge of Amoun Pharmaceutical Industries
MESC appoints new chairman, vice-chairman
Capital Intelligence affirms National Industries' bond ratings; outlook negative
Kima's shareholders greenlight EGP 2bn capital hike
Egypt records EGP 462.7bn budget deficit in FY19/20
ADNOC maintains crude supply cut to Asia in February
Saudi banks supported by retail mortgages amid pandemic – Fitch
Al-Jouf Agricultural's board recommends 2.5% dividends for H2-20
CBE offers EGP 19bn T-bills on Thursday
CSD registers Easy Lease for listing on ADX
Tabreed's loans amount to AED 7bn - CFO
UAE sees 8% lower outward personal remittances in Q3-20
EGX ends Wednesday in green on local, foreign purchases
CMA approves Aljazira Takaful’s capital hike to merge with Solidarity
ADDED announces 365 industrial facilities add commercial and service activities to their licenses in Abu Dhabi
Alexandria Container announces end of worker protests
Masdar announces financial close on 100 MW solar project in Uzbekistan
Eni makes new oil discovery in Egypt's Western Desert
Makkah receives five million Umrah pilgrims since service return
Egypt’s Q1 GDP growth down to 0.7%; Gov’t investments hit EGP 40bn
Damac's board nods to ownership increase in Nine Elms
TASI levels up on Wednesday for second day
Egypt obtains $68m grants from development partners in 2020
Egypt upgrades electricity networks in Luxor with EGP 1.02bn in six years
ADX lists Zee Stores on Second Market
Saudi gov’t to localise accounting professions
UAE stock markets end Wednesday in green zone
SIDF provides $5bn in support to private sector to face pandemic
UAE announces 1,246 new COVID-19 cases
Alexandria Customs collects EGP 4.4bn customs, taxes in November
DP World inks agreement to build $1.127bn new port in Senegal
Maridive reveals reasons behind loss increase in 9M
Investments in non-oil industries in KSA jump to $3.1bn in Q3
Dubai sees 1% YoY lower residential property prices in Q3-20
Egypt bans import of ceramics, porcelain for three months
UAE GDP expected to shrink more than than anticipated in 2020
Jizan Port receives first livestock shipment from Romania
B Investments Holdings still in talks to sell 20% of stake in Total Egypt
CIRA's shareholders approve EGP 600m Ijara Sukuk issuance
Emirates SkyCargo transports first batch of Pfizer-BioNTech COVID-19 vaccine to UAE
Palm Hills cancels listing of GDRs
Dubai economy expected to grow 4% in 2021
Al Jouf to supply cement to Al Mohileb for SAR 60m
Agthia to discuss mandatory convertible bonds issuance to acquire Al Foah
Aldar inks agreement to sell district cooling assets to Tabreed for AED 963m
Al Samaani’s board recommends 5% dividends for FY20
Al Yamamah Steel plans SAR 50.8m dividends for FY19/20
Egypt launches pilot operation of unified tax platform in January 2021
Tadawul delists SAR 1bn worth of government debt instruments
Petro Rabigh obtains SAR 3.6bn loan from SIDF
ADX announces AED 66m deals on Palms Sports' shares
EGX gains EGP 5.6bn in market cap at Tuesday’s close
Saudi Arabia issues 306 foreign investment licences in Q3
Egypt secures $9.8bn development financing in 2020
TASI adds 141.77 pts at Tuesday's close
King Saud University’s head launches stc’s AI chair
Gold prices in Egypt drop ahead of Christmas holidays
Dubai sets March crude price at parity to Oman at $0.25/bbl
Gulf Payments launches Phase One of AFAQ system
UAE stock markets close Tuesday in green zone
Egypt’s exports to East Asia hit $3.2bn in 2019 – CAPMAS
Maridive’s loss swells 317% in 9M
UAE reports 1,226 new COVID-19 cases
Egypt inks cloud hosting deal with Vodafone-Fiber Misr alliance
Emirates Global Aluminium, Indonesia's INALUM pen deals to upgrade aluminium smelter
Pachin's profit jumps 454% in Q1-20/21 unaudited financials
Iraq to export over 4K tonnes of fruits, vegetables to KSA
Drake & Scull completes restructuring plan's first phase
Banque Misr inks deal to finance export development programmes
Saudi sovereign wealth fund reshuffles key leadership positions
Dubai’s real estate sector to face challenges in 2021 – Damac Chairman
Aramco to bring Google Cloud Services to KSA
Arafa's profit plunges 86% in 9M
Moro Hub collaborates with Dell to accelerate digital transformation in UAE
TAQA-led consortium announces financial closing for Al Dhafra project
Samba announces CEO resignation
Advanced Petrochemical plans SAR 140.7m dividends for Q4
Egypt 24th most resilient country in dealing with COVID in December
Subscribers to Egypt's universal health insurance reach 3.4m
EGX loses EGP 26.5bn in market cap at Monday's close; EGX70 down 7%
Abu Dhabi's NMC Health sells business facility in Spain for EUR 430m
Egypt-Japan University to build 14 new faculties at EGP 10bn cost
TASI extends losses on Monday for third day
GFH acquires Amazon designated warehouses at $77m
Kuwait C.bank issues bonds, Tawarruq worth KWD 200m
Egypt's Housing Ministry builds 15,456 luxury housing units in three new cities
AM Best maintains Insurance House's financial strength at 'B+'; outlook stable
Egypt upgrades electricity networks in Aswan with EGP 1.3bn in six years
UAE stock markets close Monday on red note
CBUAE to launch Monetary Bills in collaboration with Bloomberg, Euroclear Bank
UAE records 1,077 new COVID-19 cases
Egypt to decide on sale of two army-affiliated firms in Q1-21
UAE ranks 2nd globally in ICT adoption
Saudi Arabia expects to get Russia, China virus vaccines next year
Abu Qir Fertilizers starts procedures for implementing urea project