Latest news

Date Title
CBUAE, NBE pen currency swap agreement, 2 MoUs
Coca-Cola HBC Egypt receives $130m loan from EBRD
PIF’s unit, Chinese partners to localise renewable energy technology in Saudi Arabia
ADNOC Drilling selects Al Ramz Capital as liquidity provider
IMF downgrades 2024, 2025 growth forecasts for Egypt, MENA
Aramco awards $500m offshore projects to Italy’s Saipem
Aramco invests in Air Products Qudra’s subsidiary through 50% equity acquisition
Rawasi Albina announces over SAR 13.5m deal to develop project
Egyptian Exchange’s indices see varied performance on Tuesday
CBRE names new Managing Director for MENA
TASI rises 1.1% on Tuesday; NomuC gains over 69 pts
Mubadala, Qatar Investment Authority participate in $600m funding in North America’s TEN
DFM closes Tuesday in red zone; ADX rises
IHC’s Sirius International, Adani Group acquire Coredge.io
SAIC extends funding deal with Al Rajhi Bank’s asset management arm
Lana Medical buys 50% of 2 Belarusian companies, obtains bank facilities
JV of ADNOC Drilling, Alpha Dhabi Holding buys 51% stake in NTS AMEGA
Batic Investments unveils SAR 40m contract with Majid Al Futtaim
NBQ’s consolidated profit rises to AED 285m in H1-24
SISCO Holding’s Tawzea signs SAR 316m contract to build water recycling plant
Egypt to establish wheat silos company, boost storage capacities
Shuaa Capital swings to consolidated loss in Q1-24
Al Alamiya wins contract with Banque Saudi Fransi
Egypt reportedly may receive 2 LNG shipments in 10 days
Tadawul’s indices close Monday in green
EGX’s indices end Monday mixed
Liquid C2's Cloudmania expands Middle East partner ecosystem with Egypt launch
Egypt’s VR studio 5dVR expands to KSA with AstroLabs
Maridive & Oil Services logs 152% YoY higher consolidated profit in Q1-24
UAE stock markets close Monday in green zone
Infinity Power signs 4GW renewable energy MoU in Cameroon
ADNOC Gas awards $550m contracts to expand UAE gas infrastructure
CBE auctions EGP 143bn debt instruments over two days
GCC companies IPO proceeds shrink 32% YoY in H1-24 – Markaz
ADES Holding secures $3bn dual-currency debt facility from local, regional listed entities
Saudi Airport passenger number jumps 17% YoY in H1-24 – GACA
Aldar Properties seals deal with DP World to develop logistics park in Dubai
Eaton Middle East launches anti-counterfeit Asset Manager application
Madinet Masr, Heliopolis Housing to develop mega project in New Heliopolis
EGX’s indices plunge on Sunday
Tadawul closes Sunday with varied performance
Elsewedy Electric unveils QAR 1bn contract with Qatar’s Kahramaa
Saudi Enaya enters into insurance agreement with Fakeeh Care
Multiply Group accepts Chairman’s resignation; Shueb succeeds
Amlak International announces key board appointments
UK’s fintech firm Offa launches Islamic BTL service for expats in region
Tadawul’s indices end Thursday in green
Diriyah rolls out construction contract exceeding $2bn
Ajman Transport, Visa to implement contactless payment on buses
Islamic Development Bank finances solar, battery projects in Uzbekistan
GCC, UK in talks to sign free trade deal by 2024-end
UAE stock markets close Thursday in green
RWE, Masdar team up for offshore wind project
Aramco partners with Dell, NITA on advanced tech talent development in KSA
Fitness Time announces new name on Tadawul
SIDC’s unit inaugurates 1st branch in Egypt
ADES Holding wins 10-year extension for Saudi jackup rig contract
Air Arabia bolsters European network via new flights to Vienna
Jarir posts 3% drop in H1-24 profits; revenues cross SAR 5.2bn
AMEA Power plans 2,500 MW projects in Egypt
Al Arabia teams up with SCAI to establish special purpose company
DUBAL Holding buys stake in BiOD Technology
Stride Ventures makes 1st GCC investment of $1m in Maalexi
Nasdaq Dubai unveils $2.3bn new Sukuk issuances by Indonesia
Aramco Digital, World Wide Technology to foster AI solutions
FRA greenlights EG Bank’s capital raise
Burgerizzr unveils key board appointments
2P Perfect Presentation pens SAR 121m facility agreement with Riyad Bank
Ras Al Khaimah raises equity ownership in RAK Properties to 34%
EGX’s indices see negative performance on Wednesday
RAK White Cement ratifies 25% acquisition offer from India’s UltraTech Cement; details unveiled
Network International, Mastercard Transform introduce new B2B Payments solution in UAE
TASI edges higher on Wednesday; NomuC shrinks 0.18%
Marriott International, Eagle Hills pen agreement to launch 1st Ritz-Carlton Reserve in UAE
UAE stock markets close Wednesday in green zone
Servme, MyFatoorah partner to enhance digital payments in Middle Eastern restaurants
Egypt’s annual headline inflation edges lower to 27.1% in June
Al Seer Marine elects Chairman, Vice Chairman
IHC’s unit completes nearly 20% equity acquisition in Elsewedy Electric; value unveiled
Saudi Re completes procedures to exit UK’s Probitas; Aviva seals GBP 249m acquisition
Ezz Steel swings to consolidated profit in Q1-24
Saudi Arabia tops MENA's VC funding in H1-24 – Report
Egypt's agricultural exports soars $600m YoY in H1-24
Elm inks agreement with Saudi Ministry of Interior, Data & AI Authority
Dubai Chambers, VFS Global sign MoU to improve access to global markets
Egypt ratifies $200m energy agreements with local, int’l companies
GCC’s project awards drop 20% YoY in Q2-24 – Report
EGX closes Tuesday in green zone
Tadawul shows mixed performance on Tuesday
Ayyan Investment obtains shareholders’ nod for 25% capital hike
Othaim Markets pens SAR 331.5m lease agreement
MyAlice partners with AstroLabs to expand in Saudi Arabia
DFM closes Tuesday down; ADX up
Rove Hotels opens new boutique hotel in Dubai
SHL extends SAR 2bn facility deal with ANB
Najm launches initiative for safe driving in Saudi Arabia
Armah inks over SAR 127.5m lease deal
Egyptian trade deficit widens 22% YoY in 9M-23/24 – CBE
Egypt’s FDI soars 200% in 9M-23/24 – CBE
Avalon Pharma obtains SAR 70m from Emirates NBD