Latest news

Date Title
UAE-based YallaHub unites with Synergetic for sustainable home care, eyes Saudi expansion
Saudi delivery platform Mrsool to boost expansion in Egyptian market with new jobs
Saudi Arabia leads Forbes list of “Most Valuable Banks”
Ras El-Hekma project adds EGP 179bn to Egypt’s treasury
Egypt logs $7.8bn revenues from tourism sector
MODON attracts SAR 14.4bn cumulative investments in 2023
QNB Al Ahli’s consolidated profits exceed EGP 7bn in Q1-24
UAE-Saudi Arabia weekly flights hike 13% during Ramadan
Egypt's balance of payments registers deficit of $409.6m in H1-23/24
El Mansour & El Maghraby lowers stake in Palm Hills for EGP 141.5m
EGX30 gains over 1% on Monday; turnover hits EGP 2.3bn
Thakher Development highlights progress on SAR 26bn Makkah project
Olayan, Lunate acquire equity ownership in ICD Brookfield Place
Saudi civil aviation authority greenlights China Southern Airlines for flight operations
CBE offers two-type T-bonds on Monday
ADX, DFM see AED 1.6bn off-book transactions in Ramadan
SCZON, Türkiye’s Eroğlu sign contract for $40m new denim clothes factory
Oriental Weavers unveils payment date for 2023 dividends
Egypt’s inflation rate down to 33.1% in March – CAPMAS
EIPICO unveils cash dividends
DEWA saves over AED 500m from new digital services approach
Saudi Arabia to feature NEOM project at Hong Kong investor roadshow
Egypt raises minimum wage for private sector by over 71%
EGX shows mixed performance on Sunday
DP World in Sokhna receives new mobile harbour crane
Reef Saudi’s coffee production surges 37% in 4 years
Etihad Airways boosts operations in Middle East via new destination
Red Sea International submits capital raise request to CMA
Gulf banks could benefit from macroeconomic shift in Turkiye – Fitch Ratings
Air Arabia Egypt launches its first flight to Istanbul
Egypt leads Middle East in Forbes fintech ranking with 13 companies
Obeikan Glass names Chairman, Deputy Chairman
CBE auctions EGP 55bn T-bills on Sunday
Banks, EGX to halt business during Eid holiday
Union Coop logs AED 317m profit in 2023
EGX closes Thursday higher
Tadawul closes Thursday’s session higher
CMA approves ACWA Power’s capital hike via bonus shares
DFMGI, FADGI close Thursday in green zone
Egypt’s trade deficit shrinks 37% YoY in January 2024
Turkey-based Arçelik expands footprint in MENA via acquisition deal
Arabian Drilling renegotiates contract with Aramco
Bahrain’s Daleel secures investment from Hambro Perks Spring Studios, Flat6Labs UAE
ADES Holding suspends 5 offshore rigs in Saudi Arabia
Jamjoom Pharma’s board proposes SAR 105m dividends
Egypt buys shipment of liquified natural gas
Almuneef unveils CEO’s resignation, dividends
Saudi PIF’s SITE acquires 10% of South Korea-based AhnLab
Investcorp Capital to invest in JFK Airport’s new $4.2bn terminal project
CBE auctions T-bills worth EGP 50bn on Thursday
Google Cloud appoints Al Sulaiti to lead cybersecurity business for META
Riyad Bank starts assessing potential IPO of Riyad Capital
Dubai South Properties awards AED 1.5bn contract to Al Kharafi Construction
Egypt’s international reserves jump $5bn in March
Ramadan online spending in Saudi Arabia to soar amid certain sectors – Checkout.com
Abu Dhabi’s real GDP grows 3.1% in 2023 – EmiratesNBD Research
TASI closes Wednesday’s session higher; NomuC falls
EGX’s main index rises on Wednesday amid varied performance
Jabal Omar submits capital raise request to CMA
Nama Chemicals’ unit secures facility deal
Statevolt to build $3.2bn gigafactory in Ras Al Khaimah
UAE stock markets decline on Wednesday
Aldar to launch 1st logistics facility at Dubai South
Moody’s upgrades ADIB’s BCA to 'baa3'; affirms long-term issuer ratings
UAE’s PMI down to 57.1 in March; new order growth maintained
GMG, VF Corporation join forces to expand footprint across MENA
ACWA Power’s unit expands power generation capacity in Uzbekistan
Empower records 54% surge in district cooling consumption over 5 years
Banque Misr renews EGP 25bn protocol with gov’t social housing fund
FAB partners with Microsoft to boost financial services globally
Saudi Arabia’s March PMI witnesses rise in new order volumes
Emaar The Economic City’s board hires new CEO
EasyLease buys 60% of United Trans to improve mobility solutions in GCC
Pound stability leads Egyptian non-oil sector’s health gauge to better reading in March - S&P
Aramco awards $7.7bn EPC contracts to expand Fadhili Gas Plant
TASI, NomuC close Tuesday’s session with varied performance
EGX closes Tuesday in red zone; foreign investors acquire buying
Al Hammadi Holding unveils SAR 124.5m sale deal
Salik’s shareholders approve AED 550m dividends for H2-23
DEWA launches smart app on Apple Vision Pro glasses
DFMGI, FADGI close Tuesday’s session in green zone
BBS Technology boosts cybersecurity solutions in MENA
Informatica launches Saudi Arabia’s 1st AI-powered IDMC platform
Egypt’s foreign asset deficit shrinks 24% MoM in February 2024
Careem expands business across Abu Dhabi through Food, Pay apps
Saudi Royal Commission for AlUla pens partnership agreement with Chinese Henan province
Union Properties achieves AED 816m plot sales in Q1-24
UAE ranks among world’s top 10 most connected countries – DHL
Al Akaria inks SAR 882m contracts for construction works
Ekttitab Holding’s accumulated losses cross 65.5% of capital
DSI’s shareholders pass restructuring plan
Valu partners with noon to expand payment plans options for users
FM company Farnek boosts operations in UAE
Expat homebuyers in Saudi Arabia favour NEOM as top choice
Global digital agency Like Digital expands footprint in Saudi Arabia
ADQ launches global pharmaceutical holding firm Arcera
Yamama Cement appoints new Chariman, Vice Chirman
Seera unveils key board appointments
SADAFCO names new Chairman, Vice Chairman
Emaar The Economic City extends SAR 1bn loan duration with PIF