Latest news

Date Title
Egypt's ongoing cooperation portfolio with KFAED amounts to $1.5bn
EGX30 falls below 10,500 pts at Monday's close
Saudi Arabia announces 59 new COVID-19 cases
Unitholders of SEDCO’s REIT fund to get SAR 10m dividends
Cotton to trade on Egypt's commodity exchange in 2022
Sipchem starts supplying hydrogen to Aramco’s SASREF
CBE approves appointment of Hazem Hegazy as Al Baraka Bank Egypt’s CEO
TASI rises on Monday; NomuC falls
Dubai Customs clears AED 948m goods for Expo 2020 Dubai
Saudi Arabia conducts over 28.5m COVID-19 tests
UAE stock markets close Monday in red zone
Egypt’s manufacturing index drops 12% in July – CAPMAS
NBF's shareholders approve capital raise to AED 2bn
Sorouh Developments plans EGP 1bn investments in NAC project
Egypt needs EGP 160bn to reclaim 500,000 feddans in Sinai
EZDubai develops four new facilities to meet future demands
Egypt implements EGP 700bn development projects in Sinai – PM
Consortium including SISCO’s unit, Amiantit inks deal for 3 plants
Remco reveals latest updates on projects in Sokhna, New Administrative Capital
Emirates plans to restore 70% of capacity by year-end
NBE, Banque Misr, Banque du Caire to launch EGP 1bn fintech fund
Abu Dhabi's virtual asset trading platform MidChains completes first trades
Sumou Real Estate signs agreement for Hittin project
Elsaeed Contracting awarded EGP 130m project
EGA completes UAE’s most efficient power plant
El-Sisi inaugurates EGP 20bn Bahr El-Baqar wastewater treatment plant
ADNOC completes drilling unit's IPO bookbuild
Emaar The Economic City’s shareholders nod to 33% capital hike
Palm Hills Developments inks EGP 2.5bn syndicated loan deal
CBE offers EGP 10.5bn T-bonds on Monday
Tadawul halts trading on Petrochem, SIIG stocks
ADNOC to supply full oil volumes in December
Al Rajhi Takaful awarded deal with Social Development Bank
Shuaa Capital plans to complete £2bn property projects in London
CBE licenses mobile contactless payments
Nile City Investments proposes stock split
Bank Aljazira, Aljazira Takaful sign bancassurance distribution deal
Al Khaleej Training extends deal with Al Enjaz
EGX ends Sunday in green on local, Arab purchases
Dubai's foreign trade hits AED 722bn in H1-21
Misr Oils and Soap not to pay dividends for FY20/21
Upper Egypt Flour Mills sees higher standalone profits for FY20/21
Lift Slab Misr spends EGP 71m of capital raise proceeds
TASI starts week higher, NomuC falls
Egypt automates wheat silos processes using IBM AI-powered software
UAE stock markets closes Sunday's session in red zone
Emaar Malls' Chairman resigns
M&A Brief of the Week
AMOC's OGM approves EGP 194m dividend distribution for FY20/21
Abu Qir Fertilizers' shareholders raise dividends to EGP 1.3/shr for FY20/21
UAE records 298 new COVID-19 cases
Speed Medical inks deal to conduct PCR tests for workers travelling to Libya
CI Ratings affirms ADCB's foreign currency ratings; outlook stable
Musharaka unveils developments on REIT fund’s acquisition deal
Iron and Steel for Mines and Quarries posts EGP 5.5m profit in six months
DEWA opens lithium-ion energy storage pilot project at Mohammed bin Rashid Solar Park
Kima's rights issue ends with 73.4% coverage
ECHEM considers new petrochemical projects
ADNOC Drilling to be listed on ADX on 3 October
Anaam announces updates on acquisition deal
Al Mazaya's First Dubai Real Estate sells stake in Saudi subsidiary
Spinalex swings to loss in FY20/21 initial financials
CBE offers EGP 10.5bn T-bills on Sunday
RTA completes AED 15bn projects at Expo 2020
Alhsn for Consulting trims stake in United Housing
Union Properties inks agreement to develop Motor City Hills
Arriyadh Development appoints new CEO
Amanat divests Saudi Arabia's International Medical Center for SAR 443m
Orascom announces operation of two new schools in O West
CI affirms CBI’s ratings with stable outlook
EGX gains about EGP 8bn in market cap at Thursday's close
Cairo Oil Refining produces 3.2m tonnes of gasoline in FY20/21
Extracted Oils turns to loss in FY20/21 adjusted financials
DFM closes Thursday lower, ADX rises
UAE reports 239 new COVID-19 cases
National Printing gets FRA's nod to proceed with Modern Shorouk acquisition
Egypt's Labour Emergency Fund pays EGP 1.4bn in aid to workers
Seera appoints new CEO
Sajwani receives SCA nod to acquire shares in Damac
Egypt plans to issue three-tranche dollar-denominated bonds
Egypt launches pilot operation of e-receipt system
Al Kathiri Holding’s unit receives property developer certificate
Amer Group's unit inks franchise rights deal for three restaurants
Moody's upgrades stc’s BCA, affirms issuer rating
Zahraa Maadi postpones dividend payment for lack of liquidity
Egypt Aluminum turns to profit in FY20/21 adjusted financials
Paynas, E3lany ink deal to provide financial services to taxi drivers
UAE, India aim to boost bilateral trade to $100bn in five years
Palm Hills Developments spends all capital raise proceeds at EGP 1.5bn
Najran Cement announces SAR 0.75/shr dividend for H1
Telecom Egypt comments on stc-Vodafone deal reports
Dallah Healthcare to pay SAR 45m dividends for H1
Egypt's ITIDA inks deal with Plug and Play to boost startup ecosystem
TASI, NomuC close Wednesday lower
UK to accept UAE vaccination certificates
ConCreative Consultancy aims to implement EGP 250bn projects in Egypt
UAE stock markets close Wednesday in green zone
UAE's economy expected to grow 4.2% in 2022 - CBUAE
Arkan's board approves convertible bond issuance to acquire Emirates Steel
Maersk inks agreement with Jafza to establish first warehousing, distribution facility