Latest news

Date Title
Masdar, Indonesia’s PT PLN sign agreements to develop floating solar power projects
Response Plus to distribute AED 20m cash dividends for 2024
Mubadala Energy supports global expansion plans via stake acquisition deal with Kimmeridge
Al Ansari Financial Services becomes largest NBFI in GCC via acquisition deal
CBE auctions T-bills worth EGP 40bn on Sunday
Prices of investment funds including certificates in EGP, USD
Jazadco appoints new Chairman, Vice Chairman
Avalon Pharma unveils SAR 25m cash dividends for H2-24
QNB’s consolidated profits jump to EGP 7.1bn in Q1-25
Multiply Group, SMC join forces to accelerate media growth in MENA
UAE Cabinet issues decision on non-residence’s nexus linked to corporate tax law
Al Wahedi assumes 7X Group CEO position for more growth
Prices of investment funds including certificates in EGP, USD – Updated
Smart Mobility, IM Motors to expand business in UAE, Saudi Arabia
Bimser fuels MENA’s expansion via Dubai office
Advanced Petrochemical turns profitable at SAR 72m in Q1-25
CBE auctions EGP 75bn T-bills end-week
Basata joins forces with Connect Money to reinforce Egypt’s digital payment sector
Palm Hills’ subsidiary to secure EGP 1.3bn loan from Banque Misr
Fertiglobe’s shareholders greenlight $125m dividends for H2-24, share buyback program
Aramco collaborates with Sinopec, Yasref for planned petrochemical expansion
Egypt, France ink over EUR 262m agreements for key projects
Oriental Weavers’ shareholders approve EGP 1bn dividends for 2024
Jabal Omar appoints new CEO
Prices of investment funds including certificates in EGP, USD – Updated
Al Etihad Cooperative to pay SAR 30m dividends for 2024
Scientific & Medical Equipment obtains SAR 265m loan from Alinma Bank
Telr, SAB forge partnership to bolster Saudi Arabia’s digital landscape
ALEXBANK logs 104.5% higher net profits in 2024
ADES Holding extends SAR 673.5m offshore jackup deals in Egypt
Dubai’s RTA installs solar energy systems at 22 facilities
Top MENA PMIs for March 2025 – Recap
MENA-focused SRMG launches venture SRMG Media Solutions
ADES Holding renews SAR 1bn jackup deal
MBC Group’s CEO resigns; Sneesby succeeds
eXtra logs SAR 103.5m profits in Q1-25
Edita to pay EGP 800m dividends for 2024
Capgemini to develop AI hub in Egypt
Awqaf Dubai inks MoU with Lulu Retail for joint projects in Dubai
Mastercard, PayTabs team up to empower SMEs sector in Egypt
SPIMACO appoints Chairman, Vice Chairman
Prices of investment funds including certificates in EGP, USD
GTN bolsters risk management in Middle East with key hire of Sham Treon as new CRO
Saudi Ceramics unveils 2 key appointments
2P Prefect Presentation increases, renews SAR 150m facility deal with Bank Aljazira
Prices of investment funds including certificates in EGP, USD
DEWA expands electricity distribution network amid increasing demand
EFG Holding’s unit Bank NXT logs EGP 1.7bn profits in 2024
ACWA Power begins commercial operation at wind power plant in Uzbekistan
Tawuniya’s board recommends SAR 225m dividends for 2024
Dubai’s real estate market exceeds AED 114bn in Q1-25
CBE offers T-bonds worth EGP 14bn on Monday
Response Plus, Falcon Aviation Services join forces to boost UAE's healthcare
Emaar The Economic City submits capital hike file to CMA
Prices of investment funds including certificates in EGP, USD – Updated
ADES Holding enters Brazilian market via SAR 319m agreement
TAQA, EWEC ink power purchase agreement for AED 36bn project
Elm secures SAR 1.9bn loan from SNB
Pioneers Properties generates higher consolidated profits at EGP 1.2bn in 2024
Gadwa’s consolidated profits exceed EGP 1.6bn in 2024
Entaj’s board mulls SAR 15m cash dividends for 2024
B Investments Holding posts higher profits in 2024; dividends unveiled
CBE offers EGP 70bn T-bills via 2 issues
IHC-owned Maseera acquires Egypt’s ADVA to boost AI-powered financial inclusion
Al Arabia, Multiply Group to derive global expansion in advertising sector
Al Ansari Exchange closely monitoring global currency markets amid new US tariffs
Prices of investment funds including certificates in EGP, USD – Updated
SHL Finance renews SAR 1.91bn Sharia-compliant deal with ANB
Uber, WeRide partner with RTA to bring autonomous vehicles to Dubai
Ayan Capital secures up to GBP 25m financing, aims to become UK leader in Islamic banking
Saudia launches flights to Athens, to introduce new departure airport in June
e& subsidiary concludes acquisition of SBB in EUR 825m deal value
EDGNEX by DAMAC acquires Finland’s Hyperco in step with driving success in region
Global firm EXP announces partnership with oil-focused Al Suwaiket
Chemanol incurs 53% higher net losses in 2024
Takween announces 66% decline in 2024 net losses, 39% of capital accumulated losses
Modon collaborates with Elsewedy Industrial Development for Egypt’s Ras El-Hekma
Jafza unveils AED 90m strategic investment to meet surging demand
JINGDONG Logistics expands operations in MENA
Social Development Bank announces SAR 1.7bn total financing in Q1-25
Mitsubishi Power to supply gas turbines for projects in Saudi Arabia
Al Ansari to launch digital wallet upon regulatory approvals
Beltone reveals 1st round’s results of capital hike subscription
Region-focused Reynaers Middle East completes iconic project in Iraq
EHC Investment fully takes over Al Fanar Gas through energy arm
Bitpanda obtains VARA licence as beginning of expansion beyond Europe
UAE’s Khazna welcomes new strategic minority investors; e& exits
Emirates NBD launches new product for businesses owned by UAE Nationals
Agility Global generates $4.5bn revenue, $128m earnings in 2024; dividends unveiled
Arab Energy Fund records highest-ever net income amid $10.9bn total assets in 2024
Alef Education announces nearly AED 403m dividends for 2024 following robust results
Morabaha Marina Financing’s profits down 26.5% in 2024
Southern Province Cement logs SAR 244m net profits in 2024
SRMG registers 64% plunge in net profit during 2024
UAE-based healthtech Valeo Health fuels GCC expansion plans via $12m funding
Cenomi Retail’s net losses fall 82% in 2024
Emaar The Economic City incurs SAR 1.1bn losses in 2024
Prices of investment funds including certificates in EGP, USD – Updated
MBC Group’s profits leap 2,327% in 2024
Zamil Industrial’s profits near SAR 27m in 2024; accumulated loss unveiled