Latest news

Date Title
Amlak International renews SAR 864.5m loan deal with Saudi Investment Bank
Nayifat’s CEO resigns; Al Mufarrej succeeds
Palm Hills Developments in talks with 3 banks for EGP 1.7bn loan
Emirates Islamic debuts $500m financing facility
Obour Land to distribute EGP 0.94/shr dividends in May
Herfy’s CEO Bader resigns
Volar Aerospace, UAE’s Inovartic cooperate for electric aircraft production
Saudi Azm to transfer shares to main market
B Investments completes acquisition of Orascom Financial Holding
Egyptian gov’t cuts cooking oil price by 36%
TADCO pens MoU to build greenhouses in Tabuk
UK’s SDX Energy announces plan to exit Egypt
RAYA CX names El-Khishen as new CEO
du to showcase innovative cybersecurity solutions at GISEC 2024
Chinses companies ink 14 agreements to launch projects in Egypt
Batic Investments inks 10-year deal with solutions
XCube launches UAE’s 1st fully automated SLB service for retail investors
IMF revises up Saudi Arabia’s 2025 growth forecasts to 6%
CBE unveils T-bills worth EGP 55bn on Sunday
Almarai’s net profits rise 9% in Q1-24 interim results
ACWA Power, IRENA join forces to boost global renewable energy transformation
Al Etihad Cooperative obtains regulatory nod for SAR 50m capital hike
Yansab appoints Al Solami as CEO; Bazaid nominated for SABIC role
Watheeq Capital unveils offering price for Qomel
Ayyan Investment’s loss widens 384% YoY in 2023; accumulated loss records SAR 258m
Jarir Bookstores’ estimated profit plummets over 11% YoY in Q1-24
Tadawul unveils SSOs contracts on Ma'aden
Egyptian Exchange’s indices plunge on Thursday; turnover hits over EGP 7bn
E7 Group fuels growth in MEA region with new agreements
Dubai Investments announces 12.5% cash dividends for 2023
Tadawul’s benchmark index inches up 0.29% at Thursday’s close
Cleopatra Hospitals, Fawaz Al Hokair’s unit partner to support healthcare in Saudi Arabia
ADNIC acquires 51% shareholding in Allianz Saudi Fransi
DFM, ADX collectively rise on Thursday
TADCO inks MoU with NEOM's food company
Sure Global Tech signs SAR 94m contract to develop electronic platform
DEWA, ACWA Power reach financial close of AED 3.4bn desalination project
areeba, Mastercard anchor payment infrastructure in MENA
Madinet Masr to start dividends payment in May 2024
Saudi Enaya submits capital hike request to CMA
NBQ logs AED 176m net profit in Q1-24
Alkhorayef Water wins SAR 1.7bn contract for sewage treatment plants
Aman reports accumulates losses in Q4-23; annual financials unveiled
National Bank of Egypt’s subsidiary considers launching gold fund
Thimar creates new subsidiary to expand business
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