Latest news

Date Title
Foreign investments in Egypt’s debt instruments hit $23bn – Maait
Juhayna’s stock slides 6.4% after chairman’s arrest
Egypt to receive $1.6bn tranche from IMF by December-end
Egypt aims to increase food exports to Kuwait to $130m
TASI extends losses on Wednesday for second day
EIC announces liquidation of unit
Dur Hospitality inaugurates new Holiday Inn and Suites hotel in Jubail
Juhayna continues to operate normally after chairman's arrest
Legal Advisors, Baker McKenzie advise on gig’s acquisition of AXA's Mideast business for $474.8m
Egypt aims to secure 20m COVID-19 vaccine doses
Egypt makes e-invoicing mandatory for state-run firms as of July 2021
SCZone’s investments grow to $18bn
SABIC develops two products to support pharma industry
Aldar currently manages gov't projects worth AED 5bn - Interview
Bank ABC in exclusive talks to acquire Blom Bank Egypt
Egypt’s public investments rise to EGP 595m – Minister
Ora Developers inks EGP 2.5bn loan deal with four banks to finance ZED West
Egypt extends deadline for reconciliation over building violations until 2020-end
Eni inks deals to reopen Damietta LNG plant by Q1-21
Marakez opens new mall in Egypt with EGP 260m investments
KSA’s new Chambers of Commerce System enhances business competitiveness
Saudi Amiantit’s EGM approves capital cut, increase
Egypt’s El-Molla expects oil prices at around $50 pb until 2021-end
EGX30 ends Tuesday above 11,000 pts
Banque du Caire obtains $30m subordinated loan from SANAD
TASI slips 0.29% on Tuesday
Mubasher International among top 10 brokerage firms on EGX in November
SAMA’s governor, CMA chairman provide insights into fintech during event
EGX gains EGP 35.4bn in market cap in November
Four banks to pay EGP 23bn overdue export subsidies
Wellpro Group expands into Saudi Arabia
Suez Canal's revenues rise to $488m in November
UAE reports 1,289 new coronavirus cases on Tuesday
GSK Egypt responds to reports about Amoun Pharma acquisition
Egypt close to sign deal with US Bechtel to build Cairo Metro Line 6
Saudi consumer spending drops SAR 115bn in 10M
Dice incurs EGP 56.5m loss in 9M consolidated financials
Saudi gov’t launches water, environmental projects in Asir for SAR 800m
Arabtec Holding's shareholders vote for liquidation
Dubai’s DMCC opens representative office in Tel Aviv
Egypt’s tourism revenues down 22%, net FDI slides 9.5% in FY19/20
Elsewedy-Toyota consortium inks EGP 1.46bn deal with North Cairo Electricity Distribution
TASI rises to four-year high in November
Egypt's trade deficit shrinks 4.1% in FY19/20
Tadawul, IHS Markit develop local currency Sukuk indices
Citigroup, Goldman Sachs complete accelerated bookbuild to sell 115.9m shares in SABB
Aljazira Takaful receives go-ahead to merge with Solidarity
Egypt plans to raise local components of locomotive industry to 45%
Egypt’s manufacturing index rises 1.6% in September
Tadawul approves listing of SAR 794.5m gov’t debt instruments
Banque du Caire in talks over EUR 50m loan
TASI extends gains on Monday for seventh day
Two Jadwa Investment funds invest SAR 500m in private real estate fund
UAE stock markets see positive performance in November
EALB raises loan portfolio to EGP 21bn
Saudi banks’ investments in gov’t bonds hit SAR 431.6bn in 10M
NBE considers contributing to EGP 20bn syndicated loans
GFH acquires private school for special education in Bahrain for $250m
Maridive's pre-tax loss balloons 230% in 9M
Saudi banking sector performs well in Q3 despite pandemic slowdown
UAE banks provide AED 100m credit facilities to SMEs in Q3-20
DFM up on Monday; ADX down
UAE banks exempt Emiratis from AED 870m debt
Allianz Egypt announces Mayar Sherif as brand ambassador
Kuwait's Gulf Insurance to acquire AXA's operations in Gulf for $475m
Al Ezz Dekheila Steel’s loss widens 54% in 9M
Zain KSA successful capital restructuring paves way for dividends, says Group CEO
About 2.3m Egyptians lose their jobs in Q4-19/20
HDB’s unaudited consolidated results show EGP 1.65bn profit in 9M
Mohandes Insurance’s profit inches down in Q1-20/21
Foreign ownership on Tadawul rises SAR 3.3bn in week
Abu Dhabi's non-oil exports, re-exports hit AED 32.8bn from June to August
Foreign investors on Tadawul buy SAR 316.7m of stocks in week
Saudi Aramco pens six MoUs with international firms
SAIB extends retention period of treasury shares
Arabtec requests OGM to cancel decision on company's non-continuity
Upper Egypt Mills reports 13% lower profit in Q1-20/21
Expat remittances in KSA jump to SAR 123.4bn in 10M
CBE offers EGP 10bn T-bonds on Monday
AXA signs agreement to sell insurance businesses in Gulf region
Alinma Tokio Marine receives claim notice of Offshore Oil Engineering
Abu Dhabi grants AED 15.5bn housing packages in 2020
SAMA’s assets slide to SAR 1.82trn in October
Agthia's OGM approves to acquire Al Foah Company
KSA general reserve falls 14.2% in October
Saudi foreign reserves down 8.7% in October
Egypt invests EGP 13.2bn in upgrading electricity networks in FY19/20
Minapharm Pharmaceuticals posts 184% higher profit in 9M
Egypt, Germany explore means to push forward EUR 80m debt swap scheme
TASI closes Sunday’s session in green
Saudi Arabia completes pavilion construction at Expo 2020 Dubai
Al Yamamah Steel awarded SAR 202m deals by Larsen & Toubro
Metallurgical Industries Holding sells entire stake in Tourah Portland Cement
KSA oil revenue falls to SAR 333.2bn in 9M
Dubai reduces fuel surcharge for electricity, water bills
ADFD grants AED 257m grant to Albania to develop residential units
Egypt, Saudi Fas Company explore waste to energy investment opportunities
DFM down on Sunday; ADX up
Alexandria collects EGP 3.9bn customs, taxes in October
Saudi Arabia looking to adopt Egypt's e-invoicing model