Latest news

Date Title
Egypt reportedly launches tender to purchase 5 liquefied gas shipments
Riyadh’s office market thrives in Q2-24 – Report
Dragon Oil launches AI project to develop oil fields in Egypt
ProMedEx obtains SAR 25m loan from Al Rajhi Bank
Al Jouf Cement inks SAR 104m agreement for NEOM projects
ADCB bolsters presence in Central Asia via new hub in Kazakhstan
Dubai’s GDP achieves 3.2% growth in Q1-24
Aljouf Cement reschedules SAR 154m Islamic facilities with Saudi Awwal Bank
Egypt's Banknbox partners with CSC Jordan to drive financial inclusion
Zyp Technologies secures $1.5m funding round led by Shorooq Partners
Aldar Properties to launch office tower in Dubai; new asset acquired
DIB sees higher profits in H1-24; total income hits AED 11.2bn
Egyptian gov’t considers global alliance’s bid for management of Cairo International Financial Center
Aramco awards $3.3bn contracts to Spanish-Chinese JV
Sure Global Tech awarded SAR 14m project agreement
PowerDMARC launches business in UAE via new office
Saudi Arabia to host Middle East LPG Expo 2024
Ladun renews SAR 181.5m facilities with Riyad Bank
Aljouf Cement reschedules facilities with Alinma Bank
stc achieves SAR 6.5bn net profits in H1-24, unveils Q2 dividends
Bena Steel Industries’ board proposes SAR 0.9/shr dividends for 2023
Edarat Communication inks 2 agreements for cloud, data centre services
Al Saif to lead PIF’s Investment Strategy & Economic Insights Division
JD Holding teams up with Emirati investors to expand in Egypt
EGX closes Tuesday in green zone
Tadawul ends Tuesday’s trading session with mixed note
Borouge, ADNOC join consortium to develop polyolefins complex in China.
Armah seals agreement worth over SAR 54.5m
Dubai-based Ogram fuels Saudi expansion plans via funding round
UAE stock markets close Tuesday mixed
Egyptian furniture e-commerce firm Kemitt makes debut in Saudi Arabia
Al Ashghal Al Moysra to commence trading on Nomu this week
ADNOC L&S’ JV awards $1.9bn shipbuilding contracts to China’s Jiangnan Shipyard
du’s profits exceed AED 1bn in H1-24; interim dividends approved
Air Arabia includes Maldives in its global network
Saudi NHC, South Korea's NAVER Cloud Platform collaborate for smart city solutions
Marriott International, Reliance Ventures partner to open Moxy Hotel in Downtown Cairo
Madinet Masr eyes EGP 64bn revenues from Mostakbal City project
Dubai Chambers, SGS Gulf pen MoU to bolster exports
First Mills records SAR 123m profits in H1-24; dividends unveiled
FRA ratifies acquisition offer for 41% of Middle East Glass Manufacturing
Mobily’s consolidated profit leaps 35% YoY in H1-24
GFH raises stake in GFH Equities to over 76.5%
Saudi Flynas announces new destinations to Bahrain, Doha
Egypt’s external debt records largest historical decline
MIS obtains SAR 340m funding from SAB
Ladun unveils SAR 628m project with Saudi government
solutions achieves 25% growth in H1-24 net profit
EGX closes Monday’s trading session higher
TASI closes Monday down; NomuC ends session higher
Ladun’s subsidiary awarded SAR 120.5m project agreement
MENA-focused OTO closes SAR 30m funding round led by PIF’s Sanabil
Lana Medical to increase capital by granting free shares
UAE stock markets close Monday with varied performance
Saudi Arabia launches Kingdom's most extensive mineralised belts to date
Obour Land’s consolidated profits leap in H1-24; sales exceed EGP 3.8bn
DIB leads $3.2bn financing for GEMS Education
Aldrees generates SAR 160m net profits in H1-24
Pure Health completes Ardent’s IPO on New York Stock Exchange
CBE issues EGP 8bn T-bonds on Monday
Emirates Driving acquires AED 153m stake in Excellence Premier
Kingdom Holding joins alliance to establish SAR 6.8bn fund
CIB’s H1-24 net profits skyrocket; total assets cross EGP 1trn
GCC fixed income markets see $75.5bn issuances in H1-24 – Report
Saudi US treasuries holdings soar over 22% YoY in May 2024
EMPC unveils payment date for 2023 dividends
EGX closes Sunday’s trading session up
Tadawul closes Sunday with positive note
Egyptian banks to suspend operations on 25 July
Aramco awards project management contract to Dar
UAE, Seychelles pen MoUs to use of local currencies in commercial transactions
Egypt unveils EUR 1.8bn investment guarantee with EU
Mubadala-owned Sanad records AED 2.3bn revenues in H1-24
Sipchem records SAR 303m net profits in H1-24
Nadec’s net profit jumps 107% YoY in H1-24
Masdar secures $1bn from 2nd green bond issuance
Hub71 startup Dopay raises $13.5m Series A extension round
Egypt’s MNT-Halan raises over $157m from int’l, local investors
Alandalus Property unveils commercial project worth SAR 831m
DP World, Evyap Group form logistics JV to boost Turkish trade
Amiantit shifts to profits in H1-24
RAKBANK issues 1st publicly traded Social Bond in GCC
CBE holds interest rates steady as inflation moderates
Saudi Tadawul Group achieves SAR 365.5m profits in H1-24
CBE offers EGP 65bn T-bills on Sunday
MENA’s Majarra expands into AI sector via acquisition of Lableb
Ajman Bank records all-time high half-yearly net profits at nearly AED 216m in H1-24
ADCB achieves AED 5bn net profit before tax in H1-24
Egyptian Exchange closes Thursday in green
Act Financial’s private offering oversubscribed by over 20x
Sharjah Islamic Bank logs AED 566m consolidated profit in H1-24
Binghatti sukuk tap 420% oversubscribed on strong global demand
Tadawul closes Thursday with varied performance
UAE stock markets close Thursday in green zone
Mubasher Info launches Sharikat Mubasher to support Saudi ecosystem
ADGM to reduce fee for commercial licences starting 2025
Dar Global, Trump Organization partner to launch Trump Tower Dubai
Sinai Cement unveils results for capital increase offering
CBE auctions EGP 75bn T-bills on Thursday
Faisal Islamic Bank of Egypt posts 142% YoY higher standalone profit in H1-24