Latest news

Date Title
Egypt announces Sinai Liberation Day paid holiday for public sector
Fortis raises $20m Series A round to boost fintech in MENA
Egypt’s Potcast Productions mulls regional expansion after early financing round
Alkhabeer Capital unveils nearly SAR 92.5m annual dividends for fund after H2-23 payout
eXtra’s subsidiary to offer 30% of capital for Tadawul’s subscription
Edarat Communication’s EGM approves 100% new capital hike
Masdar, EGA team up to foster aluminium decarbonisation
Tadawul closes Wednesday’s session mixed
EGX’s indices close Wednesday in green zone
National Building renews SAR 85m loan deal with Alinma Bank
Arada awards AED 615m contracts for Masaar development project
Saudi Penny Software eyes global expansion via funding round
Egypt to auction additional T-bills worth EGP 50bn
UAE stock markets show negative performance on Wednesday
Web3 provider U-topia secures funding round from GDA Capital
Medad Holding, Templeton International to deploy new UAE-based yieldcoin assets
E6 joins forces with Loop to boost financial inclusion in Saudi Arabia
Takaful to pay 30% of capital as cash dividends
Beltone’s unit, UAE-based Citadel International back startups via $30m fund
Saudi Cable names new CEO, Managing Director
ZeTa-Investment acquires 3.5% equity in Mansoura Poultry
Abu Dhabi Aviation unveils cash dividends for 2023
Zoujaj says new production line project costs over SAR 46.5m
SAIC’s net profit balloons 393% YoY in Q1-24
Egyptian Exchange’s indices end Tuesday with mixed trends
du, Expereo to deliver secure global smart network connectivity in UAE
Tadawul’s indices tumble on Tuesday; TASI loses 208 pts
ACWA Power obtains loan from Bank of China to finance Uzbekistan solar project
Egypt's merchandise exports grow over 5% YoY in Q1-24
Automotive aftermarket sales in Saudi Arabia to hit $9.4bn by 2027
Ladun Investment’s board nods for SAR 573m loan from Al Rajhi Bank
DFM, ADX close Tuesday with collective decline
MIS unveils new dividends distribution policy
DXB leads world’s top busiest airports for 10th consecutive year
First Global AI, Global Blockchain shows debut in Dubai
Cairo-based Bold Routes launches 1st regional office in Dubai
solutions pens SAR 140m deal with stc
Lana Medical wins contract at King Faisal medical centre
Alpha Dhabi to sell majority stake in construction unit to ADQ
Al Jouf Cement announces liquidation of affiliate firm
Microsoft invests $1.5bn in UAE’s AI tech firm G42
FRA approves MM Group’s capital hike
Faisal Islamic Bank of Egypt’s standalone profit soars 180% YoY in Q1-24
eXtra posts nearly SAR 94m net profits in Q1-24
CBE unveils EGP 5.5bn bonds on Tuesday
Thermal power to dominate UAE’s energy landscape until 2035 – GlobalData
Green Hydrogen Summit to kick off in Abu Dhabi; Boris Johnson among int’l lineup
2P Prefect Presentation unveils SAR 80m bank facility with SAB
EGX indices surge in 1st post-holiday session; turnover surpasses EGP 4.7bn
2P Perfect Presentation awarded SAR 46m project contract
Ezz Steel swings to consolidated loss in 2023
Tadawul closes Monday’s session in green zone
Three companies propose to participate in New Heliopolis City project
ROSHN Group pens SAR 215m deal with Dar Al Arkan
Eastern Company raises cigarette prices
Qalaa Holdings settles over EGP 13bn in debt with 5 banks
UAE stock markets close 1st trading session after Eid on mixed note
Fitness Time launches new centre in Muzahmia
Saudi Arabia’s annual inflation records 1.6% in March 2024
UAE participates in IMF, WBG 2024 spring meetings
Al Etihad Cooperative’s board proposes dividends for 2023
Egypt increases healthcare budget by 25% for FY25/26
Al Ansari Exchange, CBUAE’s unit collaborate to foster digital payments
Ducab Group unveils plan to expand in 20 new markets
Budget Saudi’s subsidiary seals acquisition deal in UAE
Saudi Fisheries’ CEO Al Desouki resigns
GFH seeks to acquire Ithmaar Holding’s portfolios
CBE unveils EGP 59bn debt instruments on Monday
Knowledge Economic City inks nearly SAR 289m deals with Elkhereiji for Al Alya project
Nadec names new Chairman, Vice Chairman
ADES Holding announces SAR 350m contract award with TotalEnergies in Qatar
Tawuniya’s board recommends SAR 150m dividends for 2023
Saudi Cable unveils 2 key appointments
Following Eid break, Tadawul closes Sunday’s session with varied performance
Saudi Ground Services signs 5-year contract with flynas; value estimated at SAR 2bn
Saudi GIG’s board proposes SAR 1.5/shr dividend for 2023
Al Kathiri Holding’s unit wins SAR 21m project in Saudi capital
Saudi Arabia, Kuwait’s crude oil production rises in March; UAE shows decline
UAE’s global aerospace engineering firm Sanad extends $145m deal with Asiana Airlines
Arab stock markets show varied performance in Ramadan 2024
UAE-based YallaHub unites with Synergetic for sustainable home care, eyes Saudi expansion
Saudi delivery platform Mrsool to boost expansion in Egyptian market with new jobs
Saudi Arabia leads Forbes list of “Most Valuable Banks”
Ras El-Hekma project adds EGP 179bn to Egypt’s treasury
Egypt logs $7.8bn revenues from tourism sector
MODON attracts SAR 14.4bn cumulative investments in 2023
QNB Al Ahli’s consolidated profits exceed EGP 7bn in Q1-24
UAE-Saudi Arabia weekly flights hike 13% during Ramadan
Egypt's balance of payments registers deficit of $409.6m in H1-23/24
El Mansour & El Maghraby lowers stake in Palm Hills for EGP 141.5m
EGX30 gains over 1% on Monday; turnover hits EGP 2.3bn
Thakher Development highlights progress on SAR 26bn Makkah project
Olayan, Lunate acquire equity ownership in ICD Brookfield Place
Saudi civil aviation authority greenlights China Southern Airlines for flight operations
CBE offers two-type T-bonds on Monday
ADX, DFM see AED 1.6bn off-book transactions in Ramadan
SCZON, Türkiye’s Eroğlu sign contract for $40m new denim clothes factory
Oriental Weavers unveils payment date for 2023 dividends
Egypt’s inflation rate down to 33.1% in March – CAPMAS
EIPICO unveils cash dividends