Latest news

Date Title
Emirates NBD upsizes Dar Global’s syndicated facilities by $165m
SAB plans to offer USD-denominated Tier 2 green notes
UAE-based Cointel secures $7.4m funding to fuel global expansion
Saudi Sadirat to close UAE branch over economic infeasibility
Zetta secures $12m to scale footprint in Saudi market
Alnima Bank intends to issue dollar-denominated offering
GCC countries top Dubai Chamber exports with AED 83.6bn in H1-25
Holo expands digital mortgage solutions across GCC via $22m funding
Banque Saudi Fransi to issue USD-denominated Tier 2 notes
Diriyah pens MoU with SRMG to boost media collaboration, fosters global presence
Moody's Ratings assigns provisional ratings to SAB’s medium-term note program
FlyNow to Exhibit Its Flying Taxi in Riyadh
PIF-owned SRC launches Saudi Arabia’s 1st RMBS to reinforce real estate finance market
Jamjoom Fashion to float 30% of shares on Nomu
Prices of investment funds including certificates in EGP, USD
EFSIM Facilities Management secures SAR 750m contract awards in H1-25
Ladun’s net profits fall 34% in H1-25
CBE auctions T-bonds, floating-rate note on Monday
CBE auctions T-bonds, floating-rate note on Monday
TAQA takes over GS Inima to accelerate global water growth strategy
Almoosa Health secures SAR 650m loan from Banque Saudi Fransi
Najran Cement appoints new Chairman, Vice Chairman
Egypt Aluminum’s net profits cross EGP 10.1bn in FY24/25
Telecom Egypt, NaiTel boost regional connectivity via ‘Coral Bridge’ subsea cable
Masdar secures ‘AA-’ credit rating from S&P; outlook stable
Al Seer Marine deploys UAE’s 1st AI-powered board observer
Dubai’s Spinneys enters Kuwait through Alshaya’s JV, expands GCC business
Amanat Holdings completes AED 453m sale of North London Collegiate School
Prices of investment funds including certificates in EGP, USD
Egypt-Saudi Arabia bilateral trade up to $5.9bn in H1-25
ACWA Power secures SAR 12.8bn from regional, global banks for CCGT power plants
Gathern secures $72m funding round led by PIF’s Sanabil Investments
ADNH Catering boosts regional expansion strategy via 50% stake in Compass Arabia
CBE unveils T-bills worth EGP 65bn on Sunday
Saudi Fisheries to develop fully-owned subsidiary
Alkhaleej Training pens SAR 36m insurance agreement with Tawuniya
Axelerated Solutions obtains SAR 70m loan from SAB
Indian EV maker plans $25m investment in Jafza to serve over 2bn consumers in Middle East, Africa
ACWA Power commences operations at 3 solar IPPs in Saudi Arabia
Presight’s AI-Startup Accelerator brings together 10 global firms in Abu Dhabi
Shaker Group’s board mulls 22% capital hike
e&, GCC telcos units launch 1st regional Sustainability Hackathon
TAQA secures AED 8.5bn loan with participation of 3 UAE-listed banks
CI Capital backs regional expansion plans via EGP 4.9bn revenues in H1-25
SFD signs SAR 3.7bn sustainable facility deals with 13 countries in 2024
Banque Misr pens cooperation protocol with E-systematic to bolster mortgage services
Sadr Logistics pens SAR 250m agreement with Starlinks
UAE’s CE-Ventures backs $100m round in US-based Aalo Atomics
Starvania Studios to expand global business via $1.1m funding
CBE unveils EGP 80bn T-bills on Thursday
UAE-based Coraly.ai secures $2m funding to fuel regional expansion, international market entry
Proptech market in UAE likely to exceed AED 5.6bn by 2030 – Report
Saudi Cable submits request to CMA for SAR 400m capital hike
MIS extends SAR 450m facility deal with Gulf International Bank
UAE banking sector’s financial transfers hit AED 9.5trn in five months
Services Equipment to pay 15% of capital as cash dividends for H1-25
CIRA Education take over 51% of L’École Française Hurghada
Prices of investment funds including certificates in EGP, USD
Masdar-led alliance closes $1.1bn deal for solar project in Saudi Arabia
Lulu Retail launches new express store in Dubai to expand regional footprint
Jahez secures SAR 150mn Sharia-compliant loan from NBB
Jabal Omar inks SAR 2bn financing deal with Al Rajihi Bank
Beltone Mortgage completes EGP 1.3bn securitized bond issuance
Valu concludes 1st bond issuance under EGP 10bn securitization program
Contact’s consolidated net profits fall to EGP 178m in H1-25
Sinai Cement’s consolidated profits hike 18% in H1-25
Madinet Masr to launch EGP 300m real estate investment fund in Saudi Arabia
Raya Holding posts 27.5% hike in H1-25 consolidated net profits
Egypt Kuwait Holding’s consolidated net profits up to $101m in H1-25
Misr Beni Suef’s consolidated net profits hit EGP 953m in H1-25
Arabian Drilling secures extension for 11 gas land rigs with SLB
Prices of investment funds including certificates in EGP, USD
SHL Finance, SAIB pen SAR 200m facility agreement
Professional.me secures $3.1m funding round to fuel regional expansion plans
Sumou Real Estate rolls out SAR 135m contract award
Alexandria Container logs EGP 6.6bn profits in FY2024/25
Arab Developers turns profitable in H1-25; sales leap104%
ICON generates lower consolidated profits in H1-25; revenues cross EGP 3.3bn
Acrow Misr delivers EGP 476m consolidated net profits in H1-25
OFH suffers EGP 17m non-consolidated losses in H1-25
ALEXBANK registers 47% higher net profits in H1-25
B Investments Holdings posts 66% drop in H1-25 consolidated net profits
Agility Global’s net profits fall to $75m in H1-25
Juhayna's consolidated net profits near EGP 781m in H1-25
Emaar Misr posts 49% lower consolidated profits in H1-25; sales surpass EGP 9.2bn
Prices of investment funds including certificates in EGP, USD
CBE offers EGP 21bn debt instruments on Monday
Umm Al Qura signs SAR 145m sale agreement
EBank unveils EGP 2.6bn consolidated net profits in H1-25
Egypt Gas achieves 25% leap in H1-25 profits; sales hit EGP 3.6bn
Ataqa’s net profits shrink to EGP 62m in H1-25
TAQA Arabia’s consolidated net profits hike 66% in H1-25
RAYA CX registers 41% lower consolidated net profits in H1-25
GMPC reports 46% surge in H1-25 net profits
Manazel posts lower net losses in H1-25
Gulf Navigation swings to profitability in H1-25; revenues leap 110% in Q2-25
Oriental Weavers generates EGP 12.5bn consolidated sales in H1-25
MTI’s consolidated net sales hit EGP 11bn in H1-25
Housing and Development Bank’s consolidated net income leaps 60% in H1-25
Palm Hills achieves highest-ever H1 results, expects EGP 300bn sales from Abu Dhabi project