Latest news

Date Title
CBE issues EGP 40bn T-bills on Sunday
Tadawul closes Thursday with positive performance
EGX indices flag in green on Thursday
Pioneers Properties unveils H1-23 financials; standalone losses down
Sumou Real Estate announces H1-23 dividends; profits up 9%
UAE stock markets close Thursday in green zone
Palm Hills achieves EGP 639m consolidated profits in H1-23
Takaful Emarat’s CEO Al Sharif resigns
Gadwa’s consolidated profits increase to EGP 562.5m in H1-23
Sure Global secures SAR 37m facility with from SNB
Elsewedy Electric records surge in H1-23 profits; revenues hit EGP 69.63bn
Insurance House’s accumulated losses hit AED 105.5m in H1-23
CBE announces EGP 42bn T-bills on Thursday
Ladun Investment sees 144% higher net profits in H1-23
Tarabut Gateway prioritises strengthening partnerships in Saudi Arabia – CEO
Tadawul shows mixed performance on Wednesday
EGX closes Wednesday in red
Egypt tops Arab countries in e-commerce exports during 2021 – CAPMAS
DFM, ADX close Wednesday with varied note
e& capital leads $5m Series A funding round for Maxbyte
NBE posts EGP 34.65bn profits in 2022
Saudi Flyakeed raises $15.2m in Series A round; Co-led by PIF, Elm
Banque Misr achieves EGP 25.92bn consolidated profits in 2022
Six UAE lenders endorse green economy via AED 190bn financing
Valu announces strategic rebranding to boost growth in fintech industry
ADNOC L&S secures delivery of 3rd large crude carrier
Hail Cement unveils Q2-23 dividends, financials for H1-23
Following UAE accreditation, MyFatoorah becomes 1st regional payments platform to obtain 6 C.bank licences
Tadawul closes Tuesday with collective decline
NBK Egypt records EGP 808.5m leap in H1-23 net profit
EGX closes Tuesday with positive performance
Sukoon launches new subsidiary in DIFC
DFM closes Tuesday up; ADX down
CI Capital records higher profits in H1-23; total revenues exceed EGP 3bn
UAE central bank's foreign assets cross AED 592bn in June
SFD grants $18.7bn soft development loans
ADX, Tawasal SuperApp join forces to boost financial services
Yansab announces plant shutdown; financial impact reaches SAR 150m
Mastercard partners with Qashio to boost cashless ecosystem in UAE
Egypt’s exports to BRICS countries rise to $4.9bn in 2022
Tibbiyah’s unit pens SAR 26m agreement with NUPCO
Seamless Saudi Arabia teams up with Fintech Saudi to establish strategic collaboration
TASI, NomuC end Monday’s session in red
EGX closes Monday with varied note
ADNOC Gas awards $3.6bn contract to expand certain infrastructure
UAE stock markets show mixed performance on Monday
Saudi Arabia launches $200m fund to endorse high-tech companies
Remco shifts to EGP 144.5m consolidated profits in H1-23
Emaar Misr inaugurates EGP 5bn hotel in Egypt’s North Coast
Kima records 83% leap in FY22/23 net profits
Al Arabia obtains regulatory nod for SAR 1bn acquisition deal
Saudi Arabia leads investing countries in Egypt
EIC’s unit secures SAR 20.5m contract
Majid Al Futtaim posts AED 18.9bn revenues in H1-23; profits hike 74%
CBE announces EGP 1bn T-bonds, floating-rate note on Monday
Thimar announces negative H1-23 financial results, accumulated losses
Arabian Pipes turns profitable in Q2, H1-23
Fitaihi Holding posts 61.5% decline in H1-23 net profits
Al Naqool witnesses 295% higher net profits in H1-23
Al Baraka Bank-Egypt injects EGP 300m financing for Kharafi National
SFD unveils $20m investment for longest bridge in Madagascar
Saudi Arabia to foster insurance sector via new authority; official comments
Sumou Real Estate to trade on main market
Arab Dairy’s profits leap in H1-23; sales near EGP 900m
South Valley Cement’s losses cross EGP 76m in H1-23
Alexandria Container sees 110% higher profits in FY22/23
Aman reports lower accumulated losses in Q2-23
B Investments logs EGP 554m consolidated profits in H1-23
CBE unveils EGP 40bn T-bills on Sunday
Horizon Food Chairman resigns
Response Plusposts higher net profits in H1-23
TAQA among consortium to launch membership community with Aurora50
ElSaeed Contracting unveils lower net profits in H1-23
Raya Holding unveils higher profits in H1-23; revenues leap to EGP 14.5bn
ENOC collaborates with Abu Dhabi RMPA to boost retail, energy sectors
Electro Cable Egypt posts growth in H1-23 financials; sales cross EGP 3.5bn
MM Group’s consolidated profits near EGP 301m in H1-23
Ataqa logs nearly EGP 411m net profits in H1-23
Mubadala invests in US-based Aligned Data Centers to become partner
Misr Cement posts plunge in H1-23 profits, turns to losses in Q2
UAE’s ADNOC teams up with US-based Occidental to boost carbon management
GB Corp witnesses 40% lower consolidated profits in H1-23, reports standalone losses
Salama registers lower net profits in Q2, H1-23
Egypt Gas posts higher profits at EGP 123m in H1-23
Manazel incurs AED 60m losses to owners in H1-23
CBE offers EGP 43bn T-bills on Thursday
Suez Canal Bank generates EGP 628m profits in H1-23
Jazadco posts lower net profits in Q2, H1-23; accumulated losses hit 3%
Malath Insurance records nearly SAR 57m profits in H1-23; accumulated losses decline
Zamil Industrial’s H1-23 net losses deepen 144.5%
MEPCO shifts to net loss in H1-23 on lower sales worth SAR 413m
Ayyan Investment turns to loss in H1-23 results; accumulated losses widen
EBE’s consolidated profits leap to EGP 1.25bn in H1-23
GMPC’s profits surpass AED 32m in H1-23
Al Abdullatif Industrial’s net losses in H1-23 deepen 155.5%; accumulated losses hit 8%
Al Baraka Bank-Egypt’s profits exceed EGP 1bn in H1-23
EIPICO’s consolidated profits hike in H1-23; sales exceed EGP 2bn
Union Coop’s net profits fall in H1-23 financial results
Oriental Weavers logs higher profits in H1-23; sales hit EGP 8.39bn
Saudi Re records 135% annual leap in H1-23 net profit