Latest news

Date Title
Naseej International reports 72% lower losses in H1-21
Egypt mulls building textile technology education complex in Alexandria
Arabian Centres records 17.5% lower profits in Q1
Jadwa REIT Saudi Fund records lower profits in H1-21
Saudi Fransi Capital announces financials of REIT funds
Alinma Saudi Government Sukuk ETF sees higher profits in H1-21
CRA gets cabinet's approval on Badr University in Assiut
TASI ends week lower; NomuC rises
Egypt invests EGP 778m in immediate phase of New Rashid
TADCO’s losses increase 115% in H1-21; accumulated losses total SAR 45m
UAE stock markets end Thursday in red zone
Etihad Rail partners with AGIS to transport steel via rail network
United Cooperative’s shareholders nod to offset accumulated losses
Emaar The Economic City’s H1-21 losses narrow; accumulated losses hit SAR 3bn
UAE announces 1,077 new COVID-19 cases
Abdullah Al Othaim posts lower profits of SAR 106m in H1-21
Aljazira REIT turns to profitability in H1-21
Misr Insurance cuts stake in Rowad Tourism
Arabian Pipes’ H1-21 profits shrink 66%
Ain Sokhna collects EGP 2.5bn taxes, customs in July
Alhokair turns profitable in Q1-FY21/22
Misr Cement - Qena raises 2021 forecasts on ECA's decision
Egypt plans EGP 125.7bn investments in industrial sector in FY21/22
Dubai's Network International turns to profitability in H1-21
Qalaa Holdings' Chairman settles $4m check lawsuit
BCI posts SAR 29m net profits in H1-21
EGA refinances $5.5bn corporate debt
Oriental Weavers Carpet's profit hikes 151% in H1-21
GASCO records 222% higher profits in H1-21
Amer Group's profit leaps 538% in H1-21
Swvl to acquire Spain-based on-demand bus service Shotl
Satorp’s H1-21 losses deepen 4%
CBE offers EGP 20bn T-bills on Thursday
DP World reports 52% higher profits in H1-21
Zoujaj turns to profits in H1-21
Agthia launches first online auction platform for dates
El-Sisi ratifies Sovereign Sukuk Law
Egyptian American Enterprise Fund cuts stake in Fawry for EGP 269m
M&A Brief of the Week
EGX ends Wednesday mixed amid foreign selloffs
Albilad Gold ETF records SAR 8m losses in H1-21
Tycoon Holding acquires 85% of Alexandria National Investment
Al Babtain Power’s H1-21 profits shrink 15.5%
EGX approves listing capital raise shares of Alexandria Medical Services
Albilad Saudi Sovereign Sukuk ETF posts lower profits in H1-21
HC Securities, Contact Factoring ink EGP 400m margin trading finance deal
DSI records AED 77m profits in H1-21; lower accumulated losses
Qassim Cement to pay SAR 1/shr dividend for Q2-21
Egyptian consortium installs first turbine parts of Tanzania's hydroelectric dam
TASI, NomuC fall on Wednesday
AlAhli REIT Fund (1) sees higher profits in H1-21
HSBC Saudi Arabia’s fund turns profitable in H1-21
IDH's unit to offer PCR testing services at Jordan's Queen Alia Airport
UAE's economy expected to grow 4.1% in 2022 - Fitch
Alujain acquires stake in Natpet for SAR 815m
ADNOC, Fertiglobe sell blue ammonia to INPEX in Japan
Al Maather REIT logs SAR 11m profits in H1-21
India's B2B commerce unicorn Moglix enters UAE
Al Rajhi REIT Fund logs higher losses at SAR 159m in H1-21
Egypt secures EUR 151.5m developing funds from Germany
Fawry sees EGP 1.25bn block-trading deal
Egypt develops Nafeza customs mobile app
Gulf Union Alahlia turns to losses in H1-21; accumulated losses near SAR 76m
CIRA, Elsewedy Capital to build EGP 2.5bn university in New Damietta
Abu Dhabi in process of building region's first quantum computer
Watani Iron Steel records 64% higher profits in H1-21
EFG Hermes reports 78.5% profit hike in H1-21
Pure Salmon partners with ADIO to establish headquarters in Abu Dhabi
Palm Hills Developments records 76% profit surge in H1-21
GACO turns to losses in H1-21; accumulated losses exceed SAR 12m
Al Kathiri Holding’s H1-21 profits leap 212.5%
Fujairah Oil Terminal secures $280m refinancing
Mubadala Capital closes private equity fund with $1.6bn commitment
Egypt discusses cooperation with World Food Programme
Egypt only MENA top market with higher startup deal count in H1 - Report
ALEXBANK pens cooperation protocol with Egyptian Countryside Development
Development Works swings to profit in H1-21
Buruj Cooperative posts 42% lower profits in H1-21
ACIG turns to loss in H1-21; accumulated losses total SAR 6m
Saudi Cable’s H1-21 losses shrink 8%; accumulated losses hit SAR 117.5m
SARCO's profit grows 23% in H1-21
Saudi Arabia's holdings of US Treasury bonds down 6% in H1-21
SABB Takaful turns profitable in H1-21
Egypt's mobile wallets hit 16.3m in H1-21
Dubai inaugurates 300 MW phase at Mohammed bin Rashid Solar Park
TASI rises on Tuesday, NomuC falls
Amer Group’s Delmar inks deal to manage Marriott Residence Heliopolis
Saudi Enaya’s H1-21 losses widen 147%; accumulated losses total SAR 60.5m
UAE stock markets close Tuesday in green zone
Etisalat inks $505m agreement to raise stake in Maroc Telecom Group
EGX executes EGP 27.7m MTO on Alexandria National Investment's shares
Alahli Takaful records 5% higher profits in H1-21
Alinma Tokio Marine turns to losses in H1-21
SIDC logs 7% higher losses in H1-21; accumulated losses hit SAR 29m
Aljazira Takaful's H1 profit slides 43%
SAICO turns to losses in H1-21
Batic Investments turns profitable in H1-21
Remittances from Egyptian expats rise to $28.5bn in 11 months
Dar Alarkan’s H1-21 profits jump 124%
Agthia seeks investments in Egypt, Saudi Arabia