Latest news

Date Title
Emirates Driving’s shareholders greenlight stock split, capital hike
Egypt pens $1.5bn wind energy project with ACWA Power-led alliance
NMDC unveils AED 186.5m project contract
CBE auctions EGP 70bn T-bills on Thursday
MIS obtains board’s approval to invest in AI
Dubai Investments unveils 1st flagship mixed-use development in Africa
ADX sees secondary USD, AED bond listings by Mubadala’s MDGH
PIF’s SRC enlarges refinancing with Al Rajhi Bank to SAR 10.8bn
NCLE’s net profits soar 20%, revenues up 34% in Q1-23/24
ADIB implements AI-powered tool to elevate productivity, efficiency
Egypt’s stock market closes Wednesday mixed
Pan Gulf Marketing announces price range for Nomu offering
Tadawul closes Wednesday with varied performance
Careem builds on partnership with Saudi Arabia Railways via new locations
Qvest, SRMG form JV to boost technology services in Saudi Arabia
Tam Development rolls out SAR 17m deal
UAE stock markets close Wednesday’s session up
Bahrain’s Beyon Connect endorses partnership with Egypt Post through new platform
Odys Aviation, Aramex to foster cargo operations in GCC
Smart automation solutions provider HIMA launches business in Saudi Arabia
EG Bank’s consolidated profits hit EGP 1.48bn in 2023
UAE’s Cargoz expands business in Saudi Arabia via funding round
EGX closes Tuesday with collective gains
Saudi logistics solutions provider Nawel raises $1m funding
Tadawul shows mixed performance on Tuesday
Saudi Arabia hosts 3rd Future Minerals Forum; ministerial roundtable held in Riyadh
Waja secures SAR 30.5m funding for project guarantees
eXtra’s profits down to SAR 390.5m in 2023
UAE stock markets close Tuesday in green
Taiba Investments announces board leadership changes, appoints Al Otaibi as CEO
Aldar invests AED 1bn in UAE’s logistics real estate business
ADNOC acquires over 10% stake in UK-based Storegga
UAE’s Lokalee drives expansion into Europe via $5.6m funding round
Al Jouf Cement pens SAR 30m deal with Jordanian firm
ADNOC Drilling, Alpha Dhabi’s JV concludes 1st global investment
Paymob teams up with Tamara to bolster SMEs in GCC
EGX closes Monday’s trading session mixed
Saudi market closes Monday with varied note
Molan Steel extends SAR 13m facility agreement
Saudi Paper, Bank ABC pen EUR 25m facility deal
Tadawul launches TASI50 Index to enhance financial sector
DFM, ADX close Monday with collective gains
UAE's agri-trade fintech Maalexi secures $3m funding round
Saudi Jazadco unveils rebranding
CBE unveils EGP 60.5bn debt instruments on Monday
Ooredoo, Commercial Bank partner to bolster bill payments
Avalon Pharma to float 30% of shares on Tadawul
Baims acquires Egypt-based Orcas to anchor MENA’s $100bn education market
TASI closes Sunday up; NomuC falls
Enma Alrawabi buys SAR 180m educational building
Ladun Investment’s subsidiary rolls out SAR 185.5m development deal
Eastern Province Cement awards $270.5m project contract to Sinmoa CDI
DAMAC Properties awards AED 300m works contracts
AD Ports unveils investments in 3 Egyptian cruise terminals
MBC Group to float shares on Tadawul this week
Q Holding announces new key appointments
Amak to pay SAR 57.5m dividends for H2-23
Abu Dhabi launches MEA’s 1st enzyme-based fuel additives processing facility
Region’s Trescon to redefine role of technology – Group CEO
EGX closes Thursday with varied note
Egypt’s PMI ends 2023 slightly up to 48.5
Tadawul shows positive performance on Thursday
Ajman Bank launches real estate unit Skyrise Properties
DFM ends Thursday up; ADX down
UAE’s December PMI marks second-highest since mid-2019
2P Perfect Presentation unveils SAR 59m agreement
CBE, EGX to halt operations on Coptic Christmas Day
ACWA Power begins commercial operation for solar project
One Finance raises EGP 616m in first securitisation bond offering
Egypt’s central bank auctions EGP 65bn T-bills on Thursday
Ghitha Holding announces 2 key appointments
Keir International pens SAR 14m deal for project in Riyadh
Gas Arabian Services to transfer shares to main market
Development Works Food eyes capital cut via rights issue
IHC forms 2PointZero to boost AI industry
Group Five Pipe Saudi pens SAR 34m deal with Aramco
Egypt’s stock market closes Wednesday mixed
Tadawul shows varied performance on Wednesday
Saudi non-oil sector improves in 2023-end; PMI hits 57.5
DFM, ADX close Wednesday mixed
Q Properties unveils AED 62m contract award for development project
UAE’s Dragon Oil begins production from Al Wasl field in Egypt, targets 7 new wells
Aman Securitization concludes bonds issuance at EGP 1.1bn
AD Ports’ Noatum takes over APM Terminals Castellón in Spain
flynas delivers strong performance in 2023 with over 11m passengers
Ericsson appoints Kassi as Vice President for West Africa, Morocco
Oman's non-oil exports to Saudi Arabia surge 25.5%
ACIG cancels stock split, maintains share value
EGX closes Tuesday with positive note
Saudi Fisheries mulls 53% capital reduction
Tadawul closes Tuesday’s trading session up
Knowledge Net’s CEO resigns; El Eidy assumes position
Northern Region Cement expands in Iraq with $44m partnership
Aldawaa Medical Services to pay SAR 106m dividends for H2-23
Naseej for Technology wins SAR 26m contract to preserve archaeological collectibles
DFM, ADX close Tuesday’s session higher
Saudi fintech Tameed closes $15m Series A funding round
Arab Sea rolls out SAR 15m agreement
Insurance House’s accumulated losses exceed 89% in Q3-23
Arabian Cement unveils new Chairman, Vice Chairman