Latest news

Date Title
Beltone’s investment arm to launch $100m credit platform for Egyptian exporters
DP World expands in Southeast Asia
NBF records higher net profits in Q1-24; assets cross AED 53bn
Almunajem Foods acquires 23% additional stake in Balady Poultry
EFG Hermes advises on HSB's EGP 600m short-term note issuance
DFM delivers strong financial performance in Q1-24; revenues leap 64%
CBUAE’s foreign assets jump over 40% YoY in February 2024
GSK Egypt obtains shareholders’ nod for 2023 cash dividends
Yamama Cement’s net profit grows over 2% YoY in Q1-24
Fitch assigns Arabian Shield’s rating at 'A-'; outlook stable
Egypt Aluminum’s net profit soars 33% YoY in 9M-23/24
Delta Sugar posts 33% lower net profits in Q1-24
DSI’s unit teams up with Saudi companies for SAR 789m project
Intelligent Oud’s board recommends 20% capital hike through bonus shares
Aldawaa Medical Services achieves 25% higher net profits in Q1-24
EGX’s indices surge on Monday amid over EGP 1.76trn market cap
Remco suffers higher net losses at EGP 1.5bn in 2023
Bank Albilad’s net profits hike to SAR 643m in Q1-24
NEOM secures SAR 10bn financing facility from 9 Saudi lenders
Arabian Cement to disburse SAR 75m dividends for H2-23
Mubasher aims at broadening investors base in Arab exchanges – Chairman Al Ballaa
UAE stock markets close Monday in green zone
Al Rajhi Bank unveils 6% higher profits in Q1-24, facility deal with MESC
Shams appoints Al Suwailem as new CEO
Mubasher Global has the largest network, covers 3m investment tools – Chairman Al Ballaa
SNB’s profits exceed SAR 5bn in Q1-24
Saudi Kayan posts lower losses in Q1-24; revenues rise 17.5%
Response Plus to pay AED 20m cash dividends for 2023
CBE unveils EGP 65.5bn debt instruments on Monday
Aldar sees 88% higher net profits in Q1-24
Savola Group submits capital increase request to CMA
Egyptian Resorts turns to EGP 112.5m consolidated losses in 2023
BHM Capital launches Fixed Income Division to anchor global credit instruments
Umm Al Qura Cement logs nearly SAR 14.5m net profits in Q1-24
Yansab turns profitable at SAR 99.5m in Q1-24
Riyad Bank achieves SAR 2.07bn net profits in Q1-24
Thimar obtains regulatory nod for 74% capital reduction
Nama Chemicals enters up to $45m deal with Swiss firm AIS
Almunajem Foods’ board nods for building new factory
Retal Urban Development seals SAR 240m deal with subsidiary
Egyptian Exchange’s indices tumble on Sunday; turnover reaches EGP 2.3bn
Tadawul’s indices end Sunday in red
Orascom Investment Holding turns profitable in 2023
WEE secures $10m funding round, unveils IPO plans in MENA
Shuaa Capital unveils 3 key appointments
Sipchem’s net profit plummets 61% YoY in Q1-24
Saudi Steel Pipe logs 1,166% profit surge in Q1-24
Dubai National Insurance’s shareholders greenlight 10% dividends
ANB’s net profit rises 16% YoY in Q1-24
Dr. Sulaiman Al Habib records 13% YoY higher profit in Q1-24
RAKBANK logs AED 574m profits in Q1-24
EGX greenlights listing Act Financial
SODIC’s consolidated profit hits EGP 392m in Q1-24
Amlak Finance appoints Chairman, Vice Chairman
Apex Investment swings to profits in Q1-24 interim financials
Al Akaria, Arriyadh Development partner to build educational complex
EasyLease posts over AED 13m net profit in Q1-24
UAB sees higher net profits in Q1-24; total income up 33%
Orascom Construction’s board proposes $0.2/shr dividends for 2023
Amiantit’s profits skyrocket 23,672% YoY in Q1-24
CBE issues T-bills, T-bonds worth EGP 58bn on Sunday
Mashreq Bank’s net profits jump 25% in Q1-24
GCC-based Shorages secures $1m funding round to boost e-commerce
Sure Global Tech pens SAR 60m deal with Shura Council
Damietta Alliance inks Contract for Tahya Misr 1 Terminal's superstructure
Americana Restaurants’ general assembly nod for AED 661m dividends
Emirates NBD’s profits leap 67% in Q1-24
Tadawul’s indices show mixed performance on Thursday
Keir International, Tanmiah sign SAR 24m contract for consultation services
ACWA Power’s unit, Oman-based Nama join forces for $356m project
DFM, ADX close Thursday in red zone
Aldrees logs 10% YoY higher profit in Q1-24
UAE’s civil aviation authority approves 1st vertiport
Investcorp launches $1bn platform to anchor business in GCC, China
Theeb Rent a Car opens new branch in Riyadh
Bank Aljazira obtains shareholders’ nods for 25% capital increase
Banque Saudi Fransi’s net profit rises 7% YoY in Q1-24
CBD logs AED 701m profits in Q1-24; total income up 11%
UAE, Kenya forge collaboration in mining, technology with MoU
China’s CSCEC opens steel structures factory in Egypt
Saudi Cement’s shareholders nods for H2-23 dividends
Herfy Food Services shifts to profitability in Q1-24
Emirates Islamic’s net profits jump to AED 811.5m in Q1-24
Artech Lighting extends reach to MENA with new UAE Office
South Valley Cement posts over EGP 194.5m losses in 2023
CMA approves Al Sagr Cooperative’s capital raise
Agthia’s shareholders greenlight annual cash dividends
Egypt’s bluworks closes $1m pre-Seed round
Fakeeh Care plans IPO on Tadawul’s Main Market
ADIB records 32% annual surge in Q1-24 net profit; revenue hits AED 2.5bn
EGX’s indices close Wednesday in red zone ahead of official holiday
E7 Group’s shareholders nod for share split
Taaleem Management posts EGP 358m consolidated profit in H1-23/24
e&’s shareholders greenlight 3-year progressive dividend policy
TASI loses 129 pts on Wednesday; NomuC sinks 1.4%
Austrian, Czech companies mull building sodium cyanide factory in Egypt
RAK Ceramics elects Chairman, Vice Chairman
UAE stock markets show varied performance on Wednesday
Arriyadh Development unveils SAR 89m cash dividends
ARA Real Estate unveils AED 22bn project in Abu Dhabi