Latest news

Date Title
Orascom Construction logs $50m consolidated profits in Q1-24
Riyadh Air’s Coste unveils plans until 2030, impact on Saudi employment ecosystem – Interview
ACIG lowers accumulated losses to nearly 17% of capital
Taiba Investments to pay SAR 169m dividends for 2023
DFM closes Tuesday’s session up; ADX down
Korea Tourism Organization launches regional office in Saudi Arabia
ANB, Amlak International obtain shareholders’ nod for capital hike
Riyad Capital launches 1957 Ventures fund to anchor fintech sector
UAE’s Plain Tiger secures investment to expand business in Saudi Arabia
Retal’s subsidiary inks SAR 2.8bn deal with PIF-owned Roshn
Valu concludes EGP 617m bond issuance
Merit secures $12m funding round co-led by SAIB’s investment arm
Regeny, Tellus Power to bolster sustainable mobility in Middle East
Mubadala marks 1st renewable energy investment in Japan
Civil aviation contributes $53bn to Saudi economy – GACA
SAMI Advanced Electronics joins 3rd Future Aviation Forum as strategic partner
Tadawul’s indices end Monday in red
EGX sees varied performance on Monday
ADGM’s assets under management soar 211% YoY in Q1-24
Saudia pens historic deal with Airbus during Future Aviation Forum 2024
UAE stock markets close Monday in red zone
Aramco, Pasqal to deploy 1st quantum computer in Saudi Arabia
Jazadco shifts to SAR 41m losses in Q1-24
eTax signs digitalisation agreement with Egypt’s Real Estate Tax Authority
Chemanol’s net losses shrink 50% in Q1-24 financials
Future Aviation Forum 2024 launches in Saudi Arabia
EBank’s consolidated profit leaps to EGP 1.1bn in Q1-24; capital hike approved
Al Babtain Power’s profits skyrocket 481.6% in Q1-24
SNB names new Chairman, Vice Chairman
SAL to disburse SAR 141m cash dividends for Q1-24
Riyadh's real estate office market draws increasing demand – Report
Beltone’s Cash for Microfinance pens cooperation protocol with Microfinanza Italia
Cenomi Retail’s losses deepen 171.5% in Q1-24; accumulated losses reported
Alef Education Holding plans to list 1.4bn shares on ADX
Riyadh Cement generates 4.5% lower net profits in Q1-24
Aramco inks 3 MoUs with American companies for lower-carbon solutions
SMASCO unveils final price for Tadawul IPO
Shuaa Capital plans to issue AD 367m bonds; CEO appointed
CBE issues two-type T-bonds worth EGP 9bn on Monday
TASI ends nearly flat on Sunday; NomuC gains 578 pts
EGX’s indices soar on Sunday; turnover surpasses EGP 6bn
Mopco’s net profit leaps by 95% YoY in Q1-24
UAE’s Electra Investment offers to buy up to 24.5% of Elsewedy Electric
MEPCO suffers higher net losses at SAR 19m in Q1-24
Northern Region Cement's profits leap 137% in Q1-24
Al Hammadi Holding’s net profit drops 21% YoY in Q1-24
Tabuk Cement’s profit dips 17% YoY in Q1-24
Al Arabia records 11% YoY profit increase in Q1-24
Dr. Sulaiman Al Habib unveils SAR 409.5m dividends for Q1-24
Najran Cement’s net profit plunges 26% YoY in Q1-24
Retal inks SAR 660m agreements with Saudi Arabia's National Housing Company
Sudatel Telecom turns to $26 losses in Q1-24
Almarai acquires logistics company for SAR 182m
SIIG names new Chairman, Deputy Chairman
Knowledge Economic City sees 49.5% higher losses in Q1-24; accumulated losses unveiled
Egypt negotiates $1.2bn climate financing from IMF
Yanbu Cement to pay over SAR 118m dividends for H1-24
Keyper secures $34m to expand rental experience in UAE
UAE’s e-commerce market to hit AED 49bn by 2028 – Report
Kingdom Holding’s net profit jumps 15% YoY in Q1-24
Fitch Ratings upgrades outlooks on 4 major Egyptian banks to positive; ratings affirmed
Alandalus Property’s profits down to nearly SAR 5m in Q1-24
Dar Al Arkan records 30.5% leap in Q1-24 profits
CBE auctions EGP 55bn T-bills on Sunday
UAE’s Revent boosts Saudi expansion plans via funding round
Al Jouf Cement’s consolidated profit grows 21% YoY in Q1-24
Jabal Omar Development logs 59% YoY profit growth in Q1-24
Lazurde’s net profit surges 141% YoY in Q1-24
Tadawul ends Thursday with varied performance
Egyptian Exchange’s main index leaps over 3% on Thursday; market cap hits EGP 1.75trn
Agthia Group records AED 127.5m profits in Q1-24
Salama’s net profits jump 118% in Q1-24
Southern Province Cement posts 26% YoY higher profit in Q1-24
Al Yamamah Steel delivers positive financial performance in H1-23/24
EMPC logs 125% YoY consolidated profit hike in Q1-24
UAE stock markets close Thursday’s session mixed
e-finance’s consolidated profit jumps 64% YoY in Q1-24
Ayyan Investment’s revenues hike 44% in Q1-24; accumulated losses unveiled
Egypt Gas’ net profit rises to EGP 139m in Q1-24
Tecom Group unveils AED 1.7bn investments in strategic projects
Waha Capital records 90% surge in Q1-24 net profits
Qassim Cement’s net profit leaps 35% YoY in Q1-24
Amer Group’s consolidated profit shrinks to EGP 15m in Q1-24
Morabaha Marina Financing eyes SAR 25.5m cash dividends for 2023
Amanat logs over AED 48m net profits in Q1-24
Cenomi Centers’ profits drop 52% YoY in Q1-24; dividends proposed
BinDawood’s profits surge 16% in Q1-24; dividends for H2-23 unveiled
DP World opens 3 facilities in Romania with EUR 130m
ACWA Power’s solar power project in UAE receives operation certificate
Eshraq Investments incurs higher losses in Q1-24 at AED 306m
Mercon Developments launches Nurai in New Cairo with EGP 10bn
MBC Group sees 36% higher revenues in Q1-24; profits exceed SAR 121m
CBE issues T-bills worth EGP 45bn on Thursday
TAQA’s net income exceeds AED 2.1bn in Q1-24 consolidated results
Malath Insurance’s net profit drops 74% YoY in Q1-24
TASI loses 18 pts on Wednesday; NomuC inches higher
EGX ends Wednesday with varied performance
Al Abdullatif Industrial Investment switches to profitability in Q1-24
SRMG’s net profit plummets 28% YoY in Q1-24
GMPC logs AED 17m net profits in Q1-24