Latest news

Date Title
Al Etihad Cooperative’s net profit soars 640% YoY in 2023
Investopia pens deal with EFG Consulting to launch business in Europe
SAIC, subsidiary buys SAR 72m stake in Baladi Poultry
Parkin raises AED 1.6bn from IPO; final offering price unveiled
Southern Province Cement’s board proposes dividends for H2-2023
Dallah Healthcare’s net profit leaps 31% YoY in 2023
CBE unveils EGP 60bn T-bills on Thursday
Theeb Rent a Car posts 26% YoY lower profit in 2023
CMA nods to Nomu listing, IPO of 3 companies
Paklaunch eyes regional expansion via new funding round
Yanbu Cement’s net profit plunges 44% YoY in 2023
Morabaha Marina Financing’s net profit drops 31% YoY in 2023
ADNOC Drilling’s shareholders unveil payment date for H2-23 dividends
Emirates NBD-Egypt launches new branch in Qena
Careem partners with ekar to provide car sharing service in Saudi Arabia
DMCC registers $38bn diamond trade’s value in 2023
Tadawul’s TASI, NomuC mark 2nd consecutive gain on Wednesday
G42 launches new AI-backed tool
EGX’s indices close Wednesday in red zone
Gulf Capital, RDIA back Saudi technology sector via $100m investment
EU readies EUR 7.4bn financial package for Egypt
DFM, ADX collectively rise on Wednesday
UAE’s ADIO expands trade operations with Western Australia
EFG Finance obtains FRA’s licence to launch financial services firm for SMEs
Mubadala to back US-based VC Blue Opal Capital’s funds
Beltone Holding’s consolidated profit balloons 3,597% YoY in 2023
Parkin hikes IPO’s shares for DFM listing
Egypt’s B2B healthtech 30Med secures pre-Seed round
Elsewedy Electric logs 87% YoY higher consolidated profit in 2023; dividends ratified
ACWA Power granted EWEC’s nod for Group 1 project
Walaa Cooperative Insurance turns profitable in 2023
Mayar Holding’s Egyptian subsidiary inks EGP 840m contracts
Amiantit pens SAR 174m contracts for subsidiaries
Aramco launches company’s 1st marine fueling station in Saudi Arabia
US’ Cloudflare expands in Middle East through new office in Dubai
Saudi Lime obtains SAR 140m loan from ANB
Nayifat generates nearly SAR 89m profits in 2023
TASI, NomuC end Tuesday in green
EGX shows negative performance on Tuesday
Egypt’s Tourism Development eyes EGP 1.7bn revenues in FY24/25
Moody's affirms ratings of 5 key Egyptian banks; outlook turns positive
FABMISR partners with Drive Finance to foster payment solutions in Egypt
DFM, ADX close Tuesday with varied note
Emirates NBD partners with Emirates to offer payment facilities for Saudi travellers
Metro Brazil expands business in Saudi Arabia to boost e-commerce market
CMA approves Nomu listing of Al Hokail, ANB’s capital raise
Cenomi Centers concludes $100m sukuk private placement
NCTH to acquire 3 units of Alpha Dhabi’s businesses; financials unveiled
Taqadum International appoints financial advisor to oversee transition to main market
DP World expands global freight forwarding network
UAE’s Al Ansari Financial Services witnesses surge in remittance to Egypt post pound devaluation
Clara, VMS ink deal at LEAP 2024 to empower MENA’s startups
SISCO’s net profit surges 94% YoY in 2023; dividends approved
EIC’s board nods to SAR 84m dividends for H2-23
ElSaeed Contracting awards tender for EGP 412m project in Qena
IL Cazar launches The Crest upon collaboration with Emirati UDC, EGP 30bn investment
Tadawul shows mixed performance on Monday
EIC’s net profits exceed SAR 201m in 2023
EGX closes Monday with varied performance; main index rises
Domty logs EGP 454.5m consolidated profits in 2023; dividends unveiled
Saudi B2B fintech Rakeez Capital raises $2m funding round
Investopia 2024 propels UAE-South Korea ties with 2 new MoUs
Mopco’s shareholders greenlight cash dividends for 2023
Ejaro, Tawuniya join forces to reshape Saudi car rental market
UAE stock markets close Monday in red zone
CIB announces new monthly purchasing limits for foreign currency credit cards
Emirates Development Bank, KLAIM pen MoU to support healthcare providers
Misr Chemical Industries announces capital increase
TAWAL unveils new technology for private 5G network at LEAP 2024
CI Capital’s consolidated net profit exceeds EGP 1bn in 2023
CBE offers EGP 4.75bn debt instruments on Monday
Sidpec’s OGM passes dividends, bonus shares for 2023
Aramex bolsters regional business via HQ in Riyadh
First Mills’ net profit edges higher 1% YoY in 2023; dividends date released
Orascom Development Egypt sees 63.5% higher profits in 2023
BinDawood Holding logs over 120% YoY higher profit in 2023
GASCO’s net profit rises 6% YoY in 2023
Eastern Province Cement’s board nods to SAR 86m dividends
Investcorp Capital seals $800m credit facility deal
Eastern Province Cement’s net profit leaps 39% YoY in 2023
Saudi Kayan Petrochemical’s accumulated loss surpasses SAR 3bn in February
EGX closes Sunday’s trading session higher
Arabian Cement’s net profit drops 23% YoY in 2023; dividends recommended
Egypt’s dKilo raises $3.2m funding at LEAP 2024
Tadawul’s key indices show varied performance on Sunday
Emirates NBD-Egypt’s profits hike 174% in 2023
Saudi PIF’s Ceer to develop SAR 5bn EV manufacturing facility
Arab Developers swings to consolidated profitability in 2023
Theeb Rent a Car unveils 2 key appointments
GFH leads Cenomi Centers’ $500m sukuk offering
Jarir to distribute SAR 276m cash dividends for Q4-23
Arriyadh Development’s net profit shrinks 10% YoY in 2023
Raya Holding’s consolidated profit hits EGP 564m in 2023
Abu Dhabi National Hotels eyes AED 100m gains from stake acquisition deal
Kuwait’s stc deploys new 5G wireless service in Middle East
Elm’s consolidated profit jumps 46% YoY in 2023; dividends ratified
Saudi Tadawul Group logs 8% lower profits in 2023; dividends recommended
Saudi Chemical logs 128% YoY higher profits in 2023
Honeywell becomes 1st gas detector manufacturer in Made in Saudi initiative
Masdar partners with UAE’s government to develop multi-solar plants