Latest news

Date Title
Nokia’s manufacturer plans to produce 4m phones in Egypt annually
FABMISR, Cayesh team up to reshape fintech finance in Egypt
Saudi Arabia’s real GDP shrinks 1.7% in Q1-24
GCC dominates Forbes Middle East’s 2024 top 100 listed companies list
EGX’s indices flag in red on Sunday
Tadawul closes Sunday’s trading session higher
Alexandria Container’s EGM approves capital raise
EdVentures, Mastercard Foundation launch edtech fellowship in Egypt
El Ebour announces project contracts in Saudi Arabia, UAE
Madinet Masr, CIRA Education introduce Project Kayan in Taj City
GO unveils Q1-24 dividends, financials
EgyptAir to launch new flights to Alamien City, 3 African destinations
MIS rolls out joint deal with Microsoft Arabia
Sumou Real Estate’s shareholders nod for capital increase
Tibbiyah announces SAR 24m contract award with NUPCO
Electro Cable Egypt’s consolidated profit leaps to EGP 535m in Q1-24
Juhayna Food Industries inks EGP 450m credit facility with HSBC
TMG Holding achieves EGP 122bn sales in 5M-24
Mouwasat, Aldawaa Medical Services establish medical firm
Takaful - ASCANA Insurance unveils rebranding
Tabreed cuts carbon emissions by 1.5m tonnes in 2023
Fitness Time to disburse SAR 51m dividends for Q1-24
Al Ahly FC names UAE’s Palms Sports official operator of mega sports complex
CBE offers T-bills worth EGP 55bn on Sunday
Elevate fuels expansion plans via $5m funding round
Majid Al Futtaim partners with Checkout.com to enhance experience of 15m customers
Riyadh Air, EgyptAir ink strategic MoU to offer greater benefits to travellers
Egypt to receive $820m from IMF after 3rd loan programme review
Thobe Al Aseel’s CEO resigns; Al Maleh succeeds
TASI inches higher on Thursday; NomuC grows 1.2%
Aqaseem Factory’s board mulls cash dividends for 2023
Egyptian Exchange sees negative performance on Thursday
Arab Sea announces SAR 59m purchase deal
SISCO Holding’s unit wins SAR 33m contract in Trojena Dam project
Egypt's agricultural exports increase $500m in 5M-24
Saudi Arabia, UAE, Egypt secure 92% of MENA’s VC funding in 2023 – Report
DFM, ADX close Thursday in red zone
Dubai Investments’ EBS secures project contracts worth AED 225m
Misr Beni Suef Cement’s net profit shrinks to EGP 41m in Q1-24
Parkin boosts portfolio via 7,500 new spaces in Dubai
OFH swings to consolidated loss in Q1-24
Saudi Cement unveils 12.5% of capital as cash dividends for H1-24
Saudi Arabia, Ethiopia agree to form business council
Etihad Airways, China Eastern Airlines ink JV deal
Fitch maintains GFH's IDR rating at 'B'; outlook stable
Elsewedy Electric’s consolidated profit leaps 33% YoY in Q1-24
Al Babtain Food names new Chairman, Vice Chairman
Nasdaq Dubai lists 1st sustainability sukuk from Emirates Islamic
Ooredoo names Bottse as CEO of Mena Digital Hub
CMA approves Nomu listing of 3 companies
PIF unveils pricing of GBP 650m bonds
Sharm Dreams turns profitable in Q1-24
CBE auctions EGP 45bn T-bills on Thursday
National Building pens SAR 350m development project
National Building pens SAR 350m development project
UAE’s qeen.ai raises $2.2m fundraising to anchor e-commerce in MENA
EGX closes Wednesday’s trading session lower
Tadawul closes Wednesday with negative note
Ladun rolls out SAR 108m development deal
DFM, ADX close Wednesday’s session mixed
UAE’s May PMI records decline in output growth
Spinalex’s profits jump to EGP 103m in 9M-23/24
Honeywell opens 1st Saudi assembly line for management solutions
Presight creates IntelliGrid to reinforce energy distribution sector
Banan Real Estate requests transiting to Tadawul’s main market
Jamjoom Pharma’s shareholders approve annual dividends for 2023
UAE rises to 6th biggest tourism revenue earner globally – Report
Mawani, Port of Marseille Fos pen MoU to Boost Cooperation on Digitisation
CMA approves Intelligent Oud’s 20% capital increase
UAE, Malaysia in talks for comprehensive economic partnership agreement
Saudi Alliance signs largest logistics zone contract abroad in Djibouti
Tumodo, Tabby to facilitate digital transformation of MENA’s travel market
Emirates, IATA, Airbus develop competency-based training for A350 Pilots
Egypt’s international reserves hit new record high in May
Huawei Cloud launches GaussDB in Saudi Arabia to foster AI industry
Saudi Exchange’s key indices decline on Tuesday
Egyptian Exchange closes Tuesday in green
Supplai launches AstroLabs in Saudi Arabia to expand business
Egypt to raise public spending by 29% YoY in FY24/25 budget
Vodafone Egypt to deploy Ericsson’s 1st triple-band radio tech
UAE stock markets close Tuesday with varied performance
TAQA completes financing of Juranah ISWR-1 project co-led by 4 lenders
Egypt’s non-oil sector gives best readings in 33 months – S&P Global
Saudi non-oil private sector maintains growth in May; PMI hits 56.4
CMA nods to Nomu listing, IPO of 2 companies
KEZAD Group signs 50-year lease for AED 367m factory in Abu Dhabi
GASCO’s board passes cash dividends for H1-24
RAK Ceramics fully acquires RAK Porcelain
SAIC inks MoU to acquire 100% of Dar Al-Balad Business Solutions
Manazel eyes capital raise to boost expansion plans
GCC's passenger traffic to grow 4% annually from 2024 to 2030 – IATA
Egypt's GYPTO Pharma signs strategic partnership with US pharmaceuticals giant Abbott
ACWA Power sells 30% of Rabigh IWSPP for SAR 844m
Emaar expands Dubai Mall via AED 1.5bn investments
SiFi raises $10m funding round led by PIF’s Sanabil
EGX closes Monday with negative note
Tadawul closes Monday’s session higher
Pan Gulf secures SAR 70m financing agreement
Salama Cooperative obtains IA’s nod for capital hike
UAE stock markets flag in green on Monday