Latest news

Date Title
Emirates Islamic Bank generates AED 2.2bn profit before tax in H1-25; customer deposits soar 27%
Saudi Ceramics’ net profit skyrocket 4,000% in H1-25
Alinma Bank records SAR 3bn net profit in H1-25; dividends unveiled
Bank Aljazira achieves 20% net profit in H1-25; assets exceed SAR 157.5bn
e7 Group unveils capital restructuring through AED 800m dividends, growing demand across region
Uber launches new features for specific customers in MENA region
SODIC generates EGP 1.3bn consolidated profits in H1-25
NMDC Energy sees 16% surge in H1-25 net profits
Bank of Sharjah’s profits hike to nearly AED 268.5m in H1-25
FAB’s net profits leap 26% in H1-25; global expansion plans unveiled
SAIB witnesses 9.5% higher profits in H1-25 initial results
Yanbu Cement logs SAR 51.5m profits in H1-25; revenues up
Bank Albilad sees 11.5% higher profits in H1-25; dividends announced
Astra Industrial’s profits near SAR 347m in H1-25; revenues down 6%
Dana Gas recompletes Balsam-3 well in Egypt’s onshore Nile Delta
Ajman Bank’s profits after tax hit AED 245m in H1-25
Prices of investment funds including certificates in EGP, USD
ANB’s profits hit SAR 2.6bn in H1-25; dividends unveiled
CI Capital leads Bonyan’s EGP 1.8bn IPO on EGX
CIB’s consolidated profits exceed EGP 33.3bn in H1-25
Shams turns to SAR 3m losses in H1-25; accumulated losses unveiled
Egyptian-Saudi collaboration unveiled for Mostakbal City with over EGP 70bn investments
Mobily generates nearly SAR 1.6bn net income in H1-25, unveils dividends
Two MEIRA’s members collaborate to advance regional IR innovation, serve listed firms
Prices of investment funds including certificates in EGP, USD – Update
Sipchem’s net profits fall 91.5% in H1-25; revenues hit SAR 3.8bn
SNB to pay SAR 6bn dividends for H1-25
SAB generates SAR 4.2bn profits in H1-25
Banque Saudi Fransi posts higher profits at SAR 2.7bn in H1-25; dividends proposed
RAKBANK sees 26% higher profits in H1-25
Riyad Bank’s net profits hike 15% in H1-25; dividends announced
National Printing mulls IPO to trade 10% of shares on EGX
Qlub fuels global expansion plans via $30m funding co-led by e&
Abu Dhabi Airports receives 15.8m passengers in H1-25
Middle East Glass Manufacturing to establish representative office in Dubai
Al Rajhi Bank unveils 32.5% higher profits in H1-25; financing agreement secured
Prices of investment funds including certificates in EGP, USD
SNB logs SAR 12.1bn profits in H1-25, inks financing deal with solutions
Air Arabia joins consortium to build national low-cost airline in Dammam
Network International enters into strategic partnership with Wio Bank to endorse SME merchants
AIIB endorses regional ties as Kuwait becomes a member
FAB-owned Lime enters Egypt’s fintech ecosystem with $9.4m initial investment
Al Baraka Bank-Egypt unveils $100m deals with ICIEC
Aldrees records 25% profit growth in H1-25 amid higher revenue
Prices of investment funds including certificates in EGP, USD – Update
Elsewedy, regional Johnson Controls–Hitachi win contract for Egypt’s high-speed rail megaproject
UK-headquartered Addleshaw Goddard advises on $190m investment in Egypt’s Alameda
Emirates returns to Syrian capital as part of Middle East destinations
Binghatti expands globally, launches 1st international sales boutique
Prices of investment funds including certificates in EGP, USD – Update
Alkhabeer Capital unveils partnership with $5bn global asset manager to unlock Saudi fintech private credit
Yanbu Cement to pay SAR 0.5/shr dividends for H1-25
Deliverect accelerates investment to drive MENA growth, hits 1bn global orders
PALM raises 7-figure funding led by 4DX Ventures to revolutionize savings
Jazeera Airways resumes direct flights to Saudi destination
Prices of investment funds including certificates in EGP, USD – Update, new funds added
Ayyan Investment witnesses turn to profitability in H1, Q2-25
Advanced Petrochemical shifts to profitability in H1-25; net profit leaps 95% in Q2
IHC rebrands eFunder as Zelo upon acquisition; platform targets $250bn SME credit gap in MENA
Prices of investment funds including certificates in EGP, USD – Update
Mira Developments launches MENA-focused real estate company via $3m investments
El Ebour expands business in UAE via new branch
Schneider Electric fuels regional expansion through Lauritz Knudsen in Saudi Arabia
Sukna launches MENA’s 1st open-ended, Sharia-compliant direct financing fund
ACWA Power inks SAR 31.1bn agreements for solar plants in Saudi Arabia
Gulf Navigation raises $136m from MCB offering
Jarir Bookstores sees 6% higher net profits in H1-25
CBE offers T-bonds worth EGP 17.5bn, floating-rate note on Monday
Prices of investment funds including certificates in EGP, USD
Network International, Magnati to expand business in MEA following merger
Rameda unveils capital hike to EGP 500m
Huawei launches 1st experience store in Egypt
Valu receives regulatory nod to launch BNPL services in Jordan
Almoosa Health inks SAR 192m deal with MASAH Specialized Contracting
Space42’s board greenlights $695.5m financing deal
Prices of investment funds including certificates in EGP, USD
CBE offers EGP 67bn T-bills on Sunday
ADNOC Gas seals $400m LNG supply deal with Germany’s SEFE
Kazakhstan collaborates with Presight to launch 1st national supercomputer
BlueFive Capital expands in GCC via oversubscribed round, launches $2bn equity fund
QNB posts EGP 15.1bn consolidated profits in H1-25
du, Omantel activate Oman Emirates Gateway to foster joint connectivity
Masdar joins Iberdrola for EUR 5.2bn wind farm project in UK
Saudi German Hospital operates 21 additional clinics in Dammam
SABIC explores plans for subsidiary GAS’ IPO
Saudi Jahez fuels regional expansion via 76.5% stake acquisition in Snoonu
CBE unveils EGP 80bn T-bills end-week
Egypt’s Nawy acquires Dubai-based SmartCrowd to enter into GCC proptech market
WSM rolls out SAR 500m agreement with Saudi gov’t
Umm Al Qura pens SAR 253m sale deal for Masar Destination project
Huspy secures $59m funding to scale regional presence
NWC to implement 38 water, sanitation projects for SAR 2bn
UK’s LemFi launches payment solutions in Egypt
Dar Al Arkan unveils 2 key appointments
Al Seer Marine expands portfolio via AED 760m facility from ADCB
Prices of investment funds including certificates in EGP, USD
Alpaca, Kuwait-based ZAD boost Shariah-compliant investments globally
ASCOM swings to losses in 2024; consolidated revenues hit EGP 3.2bn
MENA-focused Mashreq Bank backs AGSI’s green steel via AED 126m
DIB closes $1bn syndicated term-finance facility for Pakistan