Latest news

Date Title
World Bank plans to support Egypt with over $6bn for different channels
Tadawul shows mixed performance on Monday
Almarai unveils SAR 18bn strategic plan
EGX closes Monday with negative performance
Egypt-EU bilateral trade exceeds $31bn in 2023
Saudi Enaya shifts to profitability in 2023
Madinet Masr considers purchase of 400 feddans in North Coast – CEO
EFG Hermes completes advisory on Cenomi Retail’s sale deal
UAE stock markets close Monday with positive performance
United Mining Industries obtains board’s nod for H2-23 dividends
Ooredoo, e& team up to evolve submarine network in Middle East
Chubb Arabia’s net profit jumps 98% YoY in 2023
Madinet Masr Innovation Labs unveils Theqa property warranty solution
Energy Capital completes acquisition of Aujan Industrial
Zoujaj to distribute SAR 16.5m dividends for H2-23
Alandalus Property appoints new Chairman, Vice Chairman
Modern Gas develops SAR 2m subsidiary in Saudi Arabia
Arabian Drilling’s net profit rises 8% YoY in 2023; dividends recommended
CBE issues T-bonds worth EGP 3.25bn on Monday
Lana Medical’s unit wins contract in King Khalid Military City's campus
Nahdi Medical’s net profit shows slight increase in 2023; dividends approved
Aldar Properties sells Abu Dhabi’s most expensive apartment
Southern Province Cement’s profits fall 35% in 2023
Chemanol’s losses hit SAR 178m in 2023
Egypt to achieve $26.5bn funding surplus over 4 years – Goldman Sachs
Tadawul’s indices start week with positive performance
EGX shows negative performance on Sunday
Du, Samsung partner to expand electronic business
Union Properties incurs AED 2.1bn accumulated losses
Kima forecasts EGP 821m net profit in FY24/25
Air Arabia’s shareholders greenlight 20% dividend distribution for 2023
Cleopatra Hospitals Group’s consolidated profit hits EGP 470m in 2023; dividends ratified
Julphar’s 2023 accumulated losses hit 30% of capital; revenues up
First Mills launches food products company
JLL names Hemmat as new head of P&DS in Egypt
Saudi Ceramic extends preliminary agreement with Turkish company
Emaar Development’s board mulls AED 2bn dividends for 2023
Alujain Corporation inks MoU for manufacturing complex partnership
SVC invests $30m in UAE-based Olive Rock Partners’ equity fund
Raya Holding’s IT arm considers acquisition of outsourcing company
Arabian Shield’s net profit balloons 15,943% YoY in 2023
CBE issues EGP 50bn T-bills on Sunday
SAIC’s net profit leaps 48% YoY in 2023; dividends proposed
Allianz Saudi Fransi’s net profit jumps 331% YoY in 2023
SABIC Agri-Nutrients appoints Al Battar as new CEO
Majid Al Futtaim’s consolidated revenues up to AED 34.5bn in 2023
TASI gains over 5 pts on Thursday; NomuC rises 1.2%
EGX indices rebound on Thursday; market cap hits over EGP 2bn
Ithmaar Holding’s CEO Taleb resigns
Orascom Development boosts growth plans via leadership changes in Europe
UAE stock markets close Thursday’s trading session higher
Al Etihad Cooperative’s net profit soars 640% YoY in 2023
Investopia pens deal with EFG Consulting to launch business in Europe
SAIC, subsidiary buys SAR 72m stake in Baladi Poultry
Parkin raises AED 1.6bn from IPO; final offering price unveiled
Southern Province Cement’s board proposes dividends for H2-2023
Dallah Healthcare’s net profit leaps 31% YoY in 2023
CBE unveils EGP 60bn T-bills on Thursday
Theeb Rent a Car posts 26% YoY lower profit in 2023
CMA nods to Nomu listing, IPO of 3 companies
Paklaunch eyes regional expansion via new funding round
Yanbu Cement’s net profit plunges 44% YoY in 2023
Morabaha Marina Financing’s net profit drops 31% YoY in 2023
ADNOC Drilling’s shareholders unveil payment date for H2-23 dividends
Emirates NBD-Egypt launches new branch in Qena
Careem partners with ekar to provide car sharing service in Saudi Arabia
DMCC registers $38bn diamond trade’s value in 2023
Tadawul’s TASI, NomuC mark 2nd consecutive gain on Wednesday
G42 launches new AI-backed tool
EGX’s indices close Wednesday in red zone
Gulf Capital, RDIA back Saudi technology sector via $100m investment
EU readies EUR 7.4bn financial package for Egypt
DFM, ADX collectively rise on Wednesday
UAE’s ADIO expands trade operations with Western Australia
EFG Finance obtains FRA’s licence to launch financial services firm for SMEs
Mubadala to back US-based VC Blue Opal Capital’s funds
Beltone Holding’s consolidated profit balloons 3,597% YoY in 2023
Parkin hikes IPO’s shares for DFM listing
Egypt’s B2B healthtech 30Med secures pre-Seed round
Elsewedy Electric logs 87% YoY higher consolidated profit in 2023; dividends ratified
ACWA Power granted EWEC’s nod for Group 1 project
Walaa Cooperative Insurance turns profitable in 2023
Mayar Holding’s Egyptian subsidiary inks EGP 840m contracts
Amiantit pens SAR 174m contracts for subsidiaries
Aramco launches company’s 1st marine fueling station in Saudi Arabia
US’ Cloudflare expands in Middle East through new office in Dubai
Saudi Lime obtains SAR 140m loan from ANB
Nayifat generates nearly SAR 89m profits in 2023
TASI, NomuC end Tuesday in green
EGX shows negative performance on Tuesday
Egypt’s Tourism Development eyes EGP 1.7bn revenues in FY24/25
Moody's affirms ratings of 5 key Egyptian banks; outlook turns positive
FABMISR partners with Drive Finance to foster payment solutions in Egypt
DFM, ADX close Tuesday with varied note
Emirates NBD partners with Emirates to offer payment facilities for Saudi travellers
Metro Brazil expands business in Saudi Arabia to boost e-commerce market
CMA approves Nomu listing of Al Hokail, ANB’s capital raise
Cenomi Centers concludes $100m sukuk private placement
NCTH to acquire 3 units of Alpha Dhabi’s businesses; financials unveiled
Taqadum International appoints financial advisor to oversee transition to main market