Latest news

Date Title
Abu Qir Fertilizers' shareholders approve dividend for FY19/20
UAE confirms 851 new COVID-19 cases
Egypt set to issue MENA's first gov't green bonds
KSA launches Eatmarna application to receive Umrah requests
Dubai Chamber members see 7% higher exports in June-August period
El-Sisi inaugurates $4.3bn Mostorod petroleum refining complex
CI affirms five Emirati banks' ratings; outlook 'stable'
NBE approves EGP 250m new credit facilities to Ibnsina Pharma
Egypt launches initiative for immediate disbursement of export subsidy arrears
Abu Dhabi Ports acquires MICCO Logistics
Sidra Capital’s Mutajara USD Fund achieves over 6% annualised returns for 2020
Alexandria's new multi-purpose terminal to be operational early 2022
Fitch affirms Saudi Aramco at 'A'; outlook stable
CBE announces new T-bills offering after rate cut
Kuwait Holding, Masader Al Ofoq resign from IFA's board
Global Artificial Intelligence Summit to kick off next October
UAE's HBK DOP partners with Indian APCO Digicon for telemedicine services
Abu Dhabi Chamber inks strategic partnership agreement with Korea’s Gangnam District
Saudi Arabia intends to resume tourist visas by early 2021
Al Samaani board approves moving to Tadawul
Arabian Centres soft opens phase one of Nakheel Mall Extension
El-Sisi approves CBE, banking sector law
EGX ends Thursday in red; market cap loses EGP 3.4bn
Egypt’s gold prices fall EGP 10/gram on Thursday
Dubai Chamber inks strategic cooperation agreement with Tel Aviv Chamber
Egypt extends payment period of building violation reconciliation fees
BinDawood Holding to postpone IPO
Abu Qir Fertilizers to implement carbon footprint reduction programme
ADX ends Thursday down; market cap loses AED 5.49bn
DFM closes Thursday's session in red zone
Khaleeji Commercial Bank's OGM nods to agreements with GFH
El-Sisi approves railway upgrade cooperation deal with EIB
UAE records 1,002 new COVID-19 cases
NBE approves EGP 300m bridge loan for Maxim Real Estate Investment
Remittances from UAE record AED 38.2bn in Q2-20
Arab Cotton Ginning to contribute to Modern Nile Cotton’s capital raise
Union Properties receives AED 400m offer for buying stake in Dubai Autodrome
Egypt’s government e-payments rise 223% YoY in July
UAE banks' loans rise 6% in July 2020
Eastern Co logs EGP 3.8bn profit in FY19/20 initial results
Al Habtoor partners with Israel's Mobileye for self-driving, smart city solutions
M&A Brief of the Week
Hill International named project manager of Cairo Monorail project
DP World Limited nods to periodic coupon distribution
CBE offers EGP 19.5bn T-bills on Thursday
ADQ adds ENEC to utilities portfolio
UAE's GDP expected to contract 5.2% in 2020 - CBUAE
France to resume flights to Egypt’s resort cities in October
Extracted Oils reports 18% lower profits in FY19/20
EFG Hermes lists Ijara Sukuk on EGX
Egypt's cabinet approves EGP 100m for developing Beni Suef hospitals
Saudi Arabia, Dubai resume flights
EGX ends Wednesday higher; market cap gains EGP 2.9bn
SAMA launches Saudi Currency mobile app
Egypt's gold prices drop on lower global prices
ADX closes Wednesday down; market cap hits AED 670.72bn
DFM gains 21 pts on Wednesday
Ora Developers in talks with banks over EGP 2bn loan
Etisalat partners with Ericsson for 5G Business Support Systems
AU Commission commends Egypt-WFP cooperation for rural communities
El-Mashat stresses need for new societal risk compact during WEF session
Upper Egypt Mills proposes EGP 10/shr dividend for FY19/20
UAE announces 1,083 new COVID-19 cases
Speed Medical inks deal to manage Madina Group’s labs in Alexandria
DFM, Nasdaq Dubai adopt Investor Relations programme
Egypt, Japan mull $150m financing programme for MSMEDA
US represents 17% of Egyptian glass exports in 7M
Egypt’s manufacturing index drops 6.5% in July – CAPMAS
Egypt allocates EGP 13bn for local consumption initiative
UAE's KBBO hires expert for restructuring $2bn debt
GB Auto's unit gets approval to provide consumer financing services
Egypt buys 405,000 tonnes of Russian wheat
UAE nuclear power plant's Unit 1 achieves 50% capacity
Aramex announces fire outbreak at warehouse in Morocco
CBUAE's foreign currency reserves hit AED 353.8bn in July
Arabian Cement Co expects EGP 50m losses by 2020-end
Egypt’s cabinet approves El-Kureimat power plant repair deal with Siemens
The United Bank allocates EGP 500m to micro-enterprises in Egypt
EGX ends Tuesday in green on local, Arab purchases
Mubadala pens agreement with Russia's Sberbank
Trade between Dubai, Saudi Arabia records AED 500bn in 10 years
Egypt seeks to redefine social contracts in COVID-19 era – El-Mashat
Ora Developers awards EGP 5bn contracts to develop ZED East
Emirates NBD, Network International extend shared services agreement
Egyptian expats' remittances rise to $2.9bn in July – CBE
ADX closes Tuesday in green zone
DFM closes Tuesday down; market cap records AED 315.81bn
Mubadala partners with Barings to support European middle-market businesses
Amer Group cancels plan to build project in New Sohag City
Chimera S&P UAE Sharia ETF adds three new companies listed on DFM, ADX
East Med Gas Forum charter signed on Tuesday
All of UAE's inhabited areas to be covered with 5G by end 2025
Egypt announces end of local consumption initiative on 26 October
UAE's GDP growth rate expected to reach 2.9% in 2021 - Bloomberg
Egyptians for Housing's shareholders approve stock split
UAE's dried fruit imports from Chile grow 75% in 2019
CI Capital Holding expands board of directors
PayTabs Egypt offers three-month free access to digital payment solutions
Egypt launches int'l wheat tender
ENBD REIT appoints Savills, Bluehaus to upgrade portfolio's largest asset