Latest news

Date Title
IMC partners with InterSystems, adds digital services
UAE's listed banks record highest growth in assets in GCC in Q3-20
Deyaar awards AED 370m construction contract
Sadara Chemical fulfils lenders’ conditions for project completion date
Saudi Amiantit sells investments in Morocco
Egypt inks light rail transit deal with Chinese alliance
Mohamed Sheta named Chairman of AMOC
TASI ends Monday on positive note
International reserves help Egypt withstand COVID-19 crisis - CBE Official
Nawah celebrates first Emiratis' graduation from Barakah Plant Certification programme
AquaChemie to construct AED 150m petrochemical terminal in Jebel Ali Port
Egypt allocates EGP 100m for COVID-19 research
UAE stock markets maintain upward performance on Monday
UAE registers 1,065 new COVID-19 cases
Egypt's digital construction exhibition BuildinGate kicks off on Monday
UAE oil discoveries boost ADNOC's 5 million bpd capacity target by 2030
CBE extends exceptions regarding participation in board meetings
North Cairo Mills approves EGP 0.5/shr dividends for FY19/20
Egypt’s online store builder ExpandCart raises $2.5m in Series A funding round
Mubadala joins global initiative to support global climate action
Egypt to offer soft loans for conversion to modern irrigation system
UAE banks inject AED 19bn loans to support economy in 9M
Orascom Development inks $265m loan deal with four banks
CBE offers EGP 9.5bn T-bonds on Monday
Arabian Centres inks SAR 27m agreement to rent land plot
DFM announces AED 51m direct deal on Al Ramz's shares
DFM discloses holiday for Commemoration Day, National Day
UAE banks' loans hit AED 1.8trn in September
Cairo Gas to deliver natural gas to gov’t district in New Capital
Egypt-Kenya bilateral trade hits $303m in H1-20
Egypt’s GAFI approves 31 projects with $1.1bn investments in 9M
Sulaiman Al Habib to be included on MSCI Index
AcwaPower plans IPO next year – Chairman
Suez Cement's loss widens 70.5% in 9M
Egypt’s exports to Nile Basin countries rise to $1.22bn in 2019
UAE stock markets end Sunday on positive note
UAE reports 1,205 new COVID-19 cases
GAFI approves Emaar Misr's EGP 40bn investment zone
GAFI highlights new corporate investments in Egyptian market
Orascom Investment Holding's loss shrinks 81% in 9M
Abu Dhabi sees 46% QoQ higher hotel revenues in Q3-20
Remco in talks over EGP 3.3bn syndicated loan
Tourah Portland Cement's loss narrows 60% in 9M
US trial court ruling rejects $18bn claim against Saudi Aramco
Al Akaria generates EGP 37m profit from HCC stake sale
Middle East Glass sees profit decline 92.5% in 9M
Dice swings to loss in 9M
UAE sets holidays for Commemoration Day, National Day
Cleopatra Hospitals Group logs EGP 182m profit in 9M
UAE banks invest AED 279bn in debt securities in September
stc inks deal to sell 15% in subsidiary to Western Union
Aldar Properties's new project sells out at AED 1bn
CBE offers EGP 19bn T-bills on Sunday
Amlak Finance sells 821,275 shares
ADIB provides funds to UAE client for AED 141m acquisition in UK
Egypt completes EGP 5.6bn water resources projects
EGX ends Thursday in red; market cap loses EGP 3.7bn
Egypt secures EUR 1.6bn from EBRD to finance SMEs
G20 countries allocate $11trn to counter coronavirus economic impact
Egypt, UAE stories of resilience at Bloomberg New Economy Forum
TASI closes Thursday’s session on marginal losses
Egypt reveals economic targets for FY21/22
KSA expected to continue improving in food security, says minister
Saudi banks’ assets rise 14.1% in Q3
Mopco's initial consolidated financials show 34% profit growth in 9M
EETC inks Toshka electricity supply deals worth EGP 492m
UAE national banks’ branches reach 559 in Q3
Egypt awards 11 companies gold exploration blocks, launches second bid round
M&A Brief of the Week
Egypt’s export subsidy disbursement initiative attracts strong interest
UAE C.bank foreign assets fall 5% in September
Egypt launches mineral exploration tender
UAE C.bank gold reserves down to AED 8.96bn in September
Egypt pays EGP 3bn overdue subsidies to 2,351 exporters
Nama Chemicals shuts down Hassad Petrochemical Complex for maintenance
Orascom Construction reports $65m net profit in 9M
Agility Public Warehousing joins FTSE4Good Index Series
SAFCO EGM approves capital hike to acquire SABIC’s unit
CBE offers EGP 20bn T-bills on Thursday
SADAFCO EGM approves buying back 2.7m treasury shares
Egypt’s cabinet approves deal with EBRD to upgrade Cairo Metro Line I
EGX30 ends Wednesday below 11k pts
Egypt implements EGP 100bn water resources management projects
TASI extends gains on Wednesday for fourth day
Emaar Properties receives AED 40.758bn from backlogs
NI Capital inks deal to acquire Bank Audi’s Arabeya Online
Saudi oil exports rise to 7.09m b/d in September
Shaker Group appoints acting CEO
GFH invests in pre-IPO, global tech companies
Pfizer says final data shows coronavirus vaccine is 95% effective
Egypt’s garment exports exceed $1bn in 9M
Raya’s Aman obtains PCI-DSS certification
Tadweer opens expanded used tire recycling facility in Abu Dhabi
Saudi ministry raises minimum wages of “Nitaqat” Saudi employees
Sheikh Zayed Book Award lists 27 Arab works in Young Author, Children’s Literature
Iraq, Saudi Arabia reopen Arar border crossing for trade
UAE stock markets show mixed performance on Wednesday
KSA’s electricity sector undergoes largest transformation on a global scale
Egypt, Germany agree on EUR 89m funding programmes
Egypt's holdings of US Treasuries rise to two-year high