Latest news

Date Title
SAIB’s shareholders nod to capital raise via bonus shares
UAE stock markets close Wednesday mixed
Saudi logistics startup Equiptal raises $1m in funding round
Egypt unveils Mawlid holiday for public, private sectors
Toko, Virtuzone to launch Dubai's 1st tokenised equity crowdfunding platform
Egypt’s NSPO acquires stake in Beshay Steel’s subsidiaries for EGP 10bn
SVC invests $5m in VentureSouq’s fintech fund
Horizon Food unveils new key appointments
Archie selects UAE fintech market for its 1st global launch
Al Baraka Bank-Egypt launches new branch in Damietta
Tabreed mulls investing in India’s district cooling infrastructure
SAUDIA becomes 1st airline to operate at Red Sea International Airport
Agthia’s shareholders approve H1-23 dividends
Emirates NBD unveils Microsoft-backed programme for green fintechs
Tadawul ends Tuesday’s trading session down
EGX closes Tuesday’s trading session lower
Region-focused Pulsar Capital acquires TruDoc to accelerate growth, endorse telehealth sector
Saudi Cenomi Retail partners with MENA’s Tabby to offer seamless payment solutions
DFM closes Tuesday down; ADX up
Cargo handling player SAL to float 30% of share capital on Tadawul
e&, Banque Misr team up for EGP 500m e-payments company
Saudi foodtech startup Barakah secures $1.5m funding round
Elm secures SAR 500m loan from Al Rajhi Bank
CMA nods to Thimar, Al Omran’s capital hike
Sukoon acquires UAE life insurance portfolio of Chubb Tempest
Yalla expands business in Saudi Arabia via several agreements at Seamless
Elsewedy Electric, Orascom Construction deny obtaining loan from African Export-Import Bank
Amanat, Mada International to establish healthcare facilities in Saudi Arabia
Mubadala pledges $1bn to US-based Blue Owl’s tech lending plan
Tadawul closes Monday's trading session mixed
Egypt’s stock market closes Monday in red
Seera’s Almosafer becomes exclusive agent for Beond in Saudi Arabia; new route to launch
Aldar Estates expands portfolio via FAB Properties acquisition
ADNOC Gas unveils up to $550m LNG supply deal with PetroChina
UAE stock markets close Monday with collective rise
Emirates NBD anchors UAE SMEs with 34% surge in lending facilities
NMC unveils share purchase deal, obtains SAR 350m loan
Egypt's C.bank, CAPMAS unveil August inflation rates
TMG Holding, Saudi NHC team up for SAR 40bn development project
Al Rashid Industrial to commence trading on Nomu this week
EFG Holding concludes EGP 472m securitised bond issuance
Makkah Construction appoints Al Fawaz as new CEO
Eshraq Investments secures AED 133m sale deal
CBE issues T-bonds worth EGP 4.25bn
EGX sees collective gains on Sunday
Saudi German Health unveils cashback solution
Saudi stock market closes Sunday in red zone
Egypt’s net foreign reserves increase roughly 5% YoY in August
Medlab Middle East 2023 sees record-breaking deals; more visitors expected in 2024
UAE Carbon Alliance plans $450m purchase of African carbon credits by 2030
ADES Holding announces IPO price range; book-building period starts
UK’s digital logistics firm Zencargo to expand in MENA via operations in UAE
Tadawul shows negative performance on Thursday
Egypt’s stock market closes Thursday up
Saudi Arabia’s August PMI falls to 11-month low
Egypt's PMI marks joint two-year high in August
DFM, ADX close Thursday’s trading session higher
ADES Holding updates timeline for Tadawul IPO
UAE's August PMI hits 55; confidence reaches highest level since March 2020
ADCB issues $650m green bonds to back UAE net zero economy
Cenomi Retail appoints Chairman, Vice Chairman
Natural Gas Distribution, TAQA Arabia develop gas company in Riyadh
Beltone suffers higher net losses in H1-23
CBE issues T-bills worth EGP 42.5bn on Thursday
Cenomi Centers unveils 3rd transaction of SAR 2bn non-core assets programme
Multiply Group concludes 55% ownership in Media 247
FRA greenlights Nasr Company for Civil Works’ capital raise
Emirates Islamic Bank appoints Al Mulla as CEO
Egypt's Hassan Allam unveils expansion into UAE
Kia reinforces MEA regional team with 2 key appointments
Hilton adds 2 Saudi nationals to Riyadh-based senior team
Pharmaconex 2023 concludes in Egypt; Informa Markets to take event abroad for 1st time
Tadawul ends Wednesday’s session in red
EGX indices close Wednesday mixed
JLL appoints Allan as new CEO for MEA
Al Issa resigns as Saudi Ceramics CEO; Al Mudaihim succeeds
UAE stock markets show negative performance on Wednesday
stc acquires 9.9% interest in Telefónica for SAR 8.5bn
Mobily’s fintech arm Mobily Pay signs 4 agreements at Seamless Saudi Arabia
Reputation House unveils Saudi expansion plans at Seamless
UAE’s Stake now authorised to expand in Saudi Arabia; partnership with ANB unveiled at Seamless
Fintech Saudi joins Mastercard at Seamless to fast-track fintech digital transformation in KSA
UAE-based myZoi secures $14m funding, regulatory licences
Eastern Company logs EGP 7.65bn profits in FY22/23; dividend proposed
Network eyes SAMA’s nod to for regional expansion – Al Dahmash in interview at Seamless
OneCard plans to expand in over 22 countries – CEO in interview at Seamless
MENA-focused HyperPay enters strategic partnerships at Seamless Saudi Arabia; listed entities included
OneCard partners with Tadawul-listed Alinma Bank at Seamless Saudi Arabia
stc signs agreements with digital, IT solution providers at Seamless Saudi Arabia
OneCard enters strategic partnership with YOÜGotaGift for regional expansion at Seamless Saudi Arabia
Al Jouf Agricultural inks solar deal with France’s Engie
Cairo-based Sehatech secures $850,000 fuding round from Belton’s VC
Saudi Payments concludes several MoUs at Seamless KSA
Saudi Tadawul Group partners with Shanghai Stock Exchange to promote capital markets
Egypt-Kenya bilateral trade rises 4% in 2022
Emirates NBD unveils strategic equity investment in Komgo
n.go unveils expansion plans in Saudi Arabia, Egypt at Seamless
American Express, SAB launch product to foster SMEs in Saudi Arabia
SAB partners with Wise to bolster international money transfers
Huawei Cloud launches region-focused services in Saudi Arabia, unveils startup programme