Latest news

Date Title
Moody’s withdraws SABIC’s BCA; affirms A1 rating
SODIC awards EGP 1.2bn contracts to develop SODIC East
UAE announces 305 new COVID-19 cases
Rameda announces prices of COVID-19 medicines
UAE ranked 5th globally in business domain
Tata Communications secures Type B licence in Saudi Arabia
Zahraa Maadi sells land plot for EGP 15.7m
UAE's millionaires forecast to rise 4.2%YoY in coming years
Egypt’s tax penalty relief extended to December
EBRD to invest EGP 1.5bn in NUCA's bond issuance
Derayah REIT takes over SAR 140m logistics complex
GE upgrades ADNOC Refining’s general utilities plant in Ruwais
Sumou Real Estate’s profits up 19% in H1-20
Aldrees Petroleum’s earnings down 17% in Q2-20
GP Global announces financial restructuring amid COVID-19
Ash-Sharqiyah Development names new chairman
stc unveils new IoT strategy, M2M plans, advanced fleet management solution
Arabtec's unit awarded SAR 200m contract by Aramco
Egypt’s parliament gives final approval for several laws on Monday
Saudi gov't announces Eid al-Adha holiday for public, private sectors
Target sells entire stake in Dice for EGP 49m
Tadawul closes Monday lower for second day
Egypt’s budget deficit widens to EGP 389bn in 11M
Egyptian engineer wins NASA design competition
Saudi Arabia, Iraq ink several MoUs in various fields
UAE's COVID-19 cases total 49,621
Bahri Logistics delivers record mobile stations cargo for SEC
Dubai registers AED 32bn foreign food trade in H1-20
ADX closes Monday down; market cap gains AED 1.18bn
Suez issues clearance for EGP 46m vehicles in June
DFM ends Sunday on green zone
Raya Holding closes EGP 562m securitised bond offering
SRC buys SAR 3bn mortgage portfolio from pension agency
Egypt starts paying EGP 7.5m aid to irregular workers in Giza
UAE successfully launches first Arab interplanetary mission
Foreign ownership on Tadawul hits SAR 177bn in week
Egypt’s exports to US grow 27.5% in 2019
UAE real estate companies hit by COVID-19, oil prices - Moody's
Egypt pays EGP 6bn overdue export subsidies in FY19/20
Qiddiya, SAJCO sign SAR 700m major roads, bridges contract
UAE's SirajPower receives $50m facility for distributed solar energy
Mohandes Insurance's profit up 10% in 9M initial consolidated results
Saudi Kayan’s losses deepen 46% in Q2-19
CBE offers EGP 9bn T-bonds on Monday
eXtra logs 25% higher Q2-20 profits; plans dividends
Emirates Islamic's net profit falls to AED12m in H1-20
Thoub Al Aseel sees 8% higher earnings in Q2; dividends approved
Emirates NBD records 45% lower net profits in H1-20
Raydan Food signs 5-year franchise deal with Soul Advanced
King Salman enters hospital for medical checks
Egypt’s food exports hit $1.4bn in 5M
Yansab's profit slides 86% in Q2-20
TASI ends Sunday with marginal gains
EGX ends Sunday in red on foreign selloffs
Saudi Arabia confirms 2,504 new COVID-19 cases
Uber launches intercity bus service in Egypt
UAE's Hope probe to be launched on Monday
Egypt’s GAFI approves 30 new projects in CPC investment zone
Boursa Kuwait closes down for fourth day
Abu Dhabi's non-oil foreign trade amounts to AED 80.23bn in 5M
ADX closes down on Sunday; market cap loses AED 510m
DFM gains AED 950m on Sunday
UAE's trade in telecom services totals AED29.4bn in three years
Egypt eyes $200m air pollution management investment from World Bank
Egypt builds 1,300 km of roads at EGP 35bn cost
UAE reports 211 new COVID-19 cases
Ibnsina Pharma to set up healthcare investment firm
Siraj acquires Al Hilal Takaful from ADCB's unit
Jabal Omar issues uniform title deed on project in Makkah
UAE begins world's first phase III trial for COVID-19 vaccine
NBE offers to acquire minority stake in Raya Holding's unit
Emirates completes all lease payments - Amedeo
Faisal Islamic Bank's profit down 54% in Q1-20
EIB provides EUR 1.9bn to support Egypt's public transport, SMEs
SABB joins Muqassa for clearing activities at Tadawul
CBE offers EGP 18bn T-bills on Sunday
TAQA's unit awarded AED 900m recycled water distribution projects
Amanat in talks to sell university campus in Dubai
Sarwa Capital's unit eyes EGP 2.5bn Sukuk issuance
Egypt's wheat reserves sufficient for 5.5M
Saudi oil exports drop 3.86m bpd in May
EGX ends Thursday down on foreign selloffs
TASI up on Thursday for second session in row
Egypt Aluminum receives 3 bids for new production line
Orascom Construction to distribute $0.21/shr dividends
Cairo Investment’s board approves unit’s 60% capital raise
Aramco renegotiating price for stake in India’s Reliance
Boursa Kuwait indices close Thursday in red
ADX resumes upward performance on Thursday
DFM gains AED 610m on Thursday
Afreximbank supports Egyptian banks with $3.9bn amid COVID-19 crisis
South Cairo Mills posts 32% lower loss in FY19/20 initial results
UAE President orders CBUAE board's reshuffle
Cairo Investment’s profit leaps 43% in 9M on higher revenue
Google launches new tool to translate ancient Egyptian language
Foreign investments in Egypt’s T-bills fall at slowest pace since COVID-19
Amer inks protocol with Misr Capital, Sarwa to study Sukuk issuance
Union Properties denies execution of transactions on Palm Hills' shares
M&A Brief of the Week
UAE sets new date to launch Hope probe