Latest news

Date Title
Madinet Masr offers to develop 3 lands with Heliopolis Company
Al Akaria’s profits shrink 39% in 2023; accumulated losses unveiled
Tadawul shows varied performance on Sunday
EGX closes week’s 1st session with mixed performance
GB Corp’s consolidated profit tumbles 83% YoY in 2023
Bank of Sharjah leads $750m bond issuance
Borouge opens new offices in Kenya, South Korea to widen global footprint
ADNOC acquires 25% equity ownership in global energy group OMV
Beltone Leasing pens EGP 925m factoring deal for Redcon Properties
NCLE unveils 2 key appointments
EFIC’s consolidated profit dips to EGP 700m in 2023
Emaar Misr records EGP 6.8bn consolidated profit in 2023
Saudi Aramco completes acquisition of Chile’s Esmax
TMG Holding’s ICON finalises acquisition of 7 historic hotels in Egypt
ADIB to pay AED 2.5bn cash dividends for 2023
Egypt Aluminum targets over EGP 4bn profits in FY24/25
Zain KSA’s profits leap 130.5% in 2023; dividends proposed
Cenomi Centers completes $500m sukuk issuance
Agthia raises stake in Egypt-based Auf Group to 70%
Gas Arabian Services inks SAR 598m contracts with Saudi Power Procurement
Suez Canal Bank registers higher profits in 2023, capital hike proposal
ADIB Egypt withdraws acquisition offer of Cairo National for Investment
B Investments’ board nods to $3m investments into Basata
e& bolsters connectivity in 16 countries via $6bn investments
CBE issues T-bills worth EGP 50bn on Sunday
Bawan’s profits exceed SAR 136m in 2023; dividends for H2-23 proposed
FAB’s unit in Egypt records 131% leap in 2023 profits
Umm Al Qura Cement’s net profit plummets 83% YoY in 2023; dividends paused
Eastern Province Cement inks $270.5m contract with China’s Sinoma CDI
Saudi Sumou, Egypt’s Hassan Allam pen development agreement
Egyptian Exchange’s indices end Thursday in green
Tadawul ends Thursday’s trading session higher
Riyadh Air partners with Adobe to enhance AI-backed travel experience
Electro Cable Egypt logs EGP 1.24bn consolidated net profit in 2023
Ataqa registers EGP 735m net profit in 2023
DFM, ADX close Thursday with varied note
Arabian Cement’s consolidated net profit records over EGP 697m in 2023
UAE’s COTU Ventures launches $54m fund to back early-stage startups
ElSaeed Contracting reports EGP 119m consolidated net profit in 2023; dividends proposed
EIPICO’s consolidated profit hits EGP 823m in 2023
Abu Dhabi National Hotels unveils dividends, bonus shares for 2023
Al Rajhi Takaful’s net profit soars 353% YoY in 2023
ACWA Power announces 2023 financials, dividends; capital raise, SAR 3.4bn project unveiled
Alinma Bank issues $1bn tier 1 capital certificates
e-finance logs 56% YoY higher consolidated profit in 2023; dividends ratified
Naeem Holding’s accumulated losses near 28% of capital
CBE offers EGP 60bn T-bills on Thursday
SNB Capital launches $230m fund via Dubai-based unit
Egypt's fintech MoneyHash raises $4.5m Seed round
EGX ends Wednesday in red; benchmark index dips 1.1%
HD Bank registers 141% YoY higher consolidated profit in 2023
Tadawul shows varied performance on Wednesday
Oriental Weavers records EGP 1.9bn consolidated profits in 2023; dividends proposed
CoreVision acquires VeFund to boost startup ecosystem
Almohafaza unveils price range for Nomu offering
Palm Hills Developments logs EGP 1.6bn profits in 2023; acquisition deal approved
UAE stock markets end Wednesday mixed
TAQA Arabia’s consolidated net profit rises 3% YoY in 2023
Burjeel Holdings enters new partnership to enhance airport healthcare services
TMG Holding’s consolidated profits soar 44% YoY in 2023; board nods to dividends
FRA greenlights B Investments’ acquisition of Orascom Financial Holding
Mubadala Capital seeks more global expansion with South Korea’s Woori Venture Partners
DIB’s annual assembly nods to AED 3.2bn dividends
Major shareholder transfers ownership of Dr. Sulaiman Al Habib’s shares
Petronas Lubricants International eyes expansion in Egypt
Luberef’s profits shrink to SAR 1.5bn in 2023; dividends proposed
Retal Urban Development posts over 17% YoY lower profits in 2023; dividends unveiled
Sinai Cement’s authorised capital to reach EGP 10bn
Modern Mills completes book-building for Tadawul’s IPO at SAR 48/shr
Astra Industrial’s net profits up in 2023; revenues hit SAR 2.8bn
GTN expands commodities offering for digital investing in physical gold and silver
Q Holding takes over ADNEC; rebranding unveiled
Shaker Group’s net profit soars 99% YoY in 2023
SABIC shifts to loss in 2023; revenues plummet 23% YoY
MAPEI Group acquires Saudi Bitumat to expand presence in Middle East
Parkin intends to float 25% of shares on DFM
Egyptian Exchange’s indices show mixed movements on Tuesday
Tadawul closes Tuesday in green zone
Aramco inks 40 agreements worth $6bn with local suppliers
Mashreq concludes $88m facility deal for Agrobank
GO’s rights issues garner SAR 241m in subscriptions
DFM, ADX collectively rise on Tuesday
Hayi secures funding rounds to expand footprint in UAE
Gas Arabian Services to execute SAR 761m works for Aramco
Telecom Egypt, Huawei launch 1st 50G PON trial in Africa
Qalaa Holdings’ unit settles EGP 1.4bn debt with 3 banks
Arab Moltaqa recrods EGP 221m consolidated profit in 2023; dividends proposed
Cenomi Centers to offer USD-denominated Sukuk
SAPTCO wins SAR 123m contract for public transport project in 3 cities
Multiply reinforces media portfolio via acquisition of BackLite
Emaar The Economic City’s board approves CEO’s contract non-renewal
Amer Group swings to profitability in 2023
Moody's Investors Service affirms credit ratings for 4 major Saudi companies
PayTabs Egypt, Souhoola team up to boost payment solutions portfolio
Burgerizzr eyes 14% of capital as cash dividends for 2023
Binghatti enters Sukuk market with $621m subscriptions
Saudi Arabia’s Tejoury opens regional hub in Dubai
ENOC Group generates over AED 92m from staff’s innovative ideas
Cisco joins forces with du to bolster cybersecurity transformation
e&, Ericsoon complete successful 5G data call test in UAE