Latest news

Date Title
CI Capital posts higher consolidated profits at EGP 2.2bn in 2024
Telecom Egypt records 14% drop in consolidated profits during 2024
ADNIC to pay 45% dividends, unveils AED 256.5m total payout for 2024
Advanced Petrochemical shifts to losses in 2024; revenue exceeds SAR 2bn
Prices of investment funds including certificates in EGP, USD – Updated
Parkin, UITP join forces to advance parking solutions globally
SABIC logs SAR 1.5bn profits in 2024; revenues down 1%
Palm Hills to develop wholly owned firm in UAE
Checkout.com partners with Mastercard to bolster payment solutions in UAE
Mashreq to foster Egypt’s digital corporate banking landscape via NEO Corp launch
Riyad Bank redeems $1.5bn Sukuk
Riyadh Development’s profits rise 9% in 2024; dividends proposed
AMEA Power boosts renewable energy grid in Egypt via CPAs
Al Yamamah Steel inks SAR 175m agreement with Hyundai
Dubai Taxi inks partnership deal with Dubai Airports
Saudi banking sector records highest-ever quarterly earnings of SAR 20.9bn in Q4-24
Dana Gas mulls AED 385m cash dividends for 2024
stc delivers SAR 24.6bn profits in 2024; special cash dividends recommended
Flow48 fuels MENA’s expansion plans via $69m Series A funding
Prices of investment funds including certificates in EGP, USD
MENA-focused SaaS provider Journify secures $4m funding round
Jamjoom Pharma registers 22% higher profits backed by expansion in Egypt
Saudi Ceramic reports SAR 79m net losses in 2024
EFG Hermes leads $2.8bn marketed offering for ADNOC Gas
CMA approves Gulf Union Al Ahlia’s capital hike for merger with Gulf General
Multiply Group expands in Europe via majority stake in Castellano Investments
Basata raises equity in Jordan’s Madfoatcom to expand regional business
DHL eCommerce enters Saudi market via stake acquisition deal
Sahm Capital empowers investors at CMF Riyadh 2025 Investor Bootcamp
B Capital expands business in Middle East via new office in Qatar
Prices of investment funds including certificates in EGP, USD
ACWA Power sees higher profits in 2024; total investments hit $97.2bn
AD Ports’ Noatum Maritime, Erkport launch JV for global Ro-Ro logistics transportation
DSI secures 2 contracts surpassing AED 1bn
TMG Holding’s consolidated profits leap 332% in 2024; dividends unveiled
Juhayna secures EGP 1bn financing from Emirates NBD-Egypt
Yansab turns profitable in 2024; revenues jump 36%
GAL, Ammroc ink partnership agreement with Saudi defence group at IDEX 2025
ADES Holding records 80.5% higher profits in 2024; dividends announced
Amak’s net profits surge 226% in 2024; dividends for H2-24 proposed
Prices of investment funds including certificates in EGP
Misr Italia secures EGP 4bn contracted sales in January
Nadec’s profits leap 156.5% in 2024 following Arabian Mills’ IPO
Arab Energy Fund supports corporate banking through collaboration with Systems Arabia
Sipchem’s Acrylic Complex enters into SAR 1.3bn refinancing agreements with listed banks
AstroLabs unveils e-book to bridge global IT firms within Saudi sector
Arabian Cement’s profits surge 15% in 2024; dividends for H2 proposed
Alinma Bank unveils API platform upon collaboration with IBM
More details unveiled about Egypt’s largest wind farm by ACWA Power
ADIB inaugurates next-gen universal branch as part of vision 2035
Dubai Chamber of Commerce records over 11% increase in 2024 attestation deals
JIT Trading intends to invest additional $15m in Egypt to meet growing consumer demand
DP World facilitates 1st passenger vehicle export from Ain Sokhna Port to UAE
Dubai Investments unveils strategic MoUs at regional meeting boosting cross-border cooperation
TAQA Arabia’s unit joins DiDi Egypt for strategic partnership to promote CNG
Egypt to have 1st company for EV charging stations upon agreement unveiled at EGYPES
Saudi Arabia now has Riyal symbol; historic move to reinforce currency's identity
Saudi SMEs show optimism towards 2025 upon Mastercard Confidence Index
Saudi Kayan’s 2024 net losses shrink 15.5% amid higher revenue in 2024; accumulated losses decline
Strategic focus on tourism empowers regional mobile operators to leverage 5G as revenue driver – Report
Beltone’s unit enters into EGP 4bn deal for sports project
Prices of investment funds including certificates in EGP, USD – Updated
Final IPO price for Entaj set at SAR 50/shr; implying market cap of SAR 1.5bn
First Mills logs SAR 251m net profits in 2024
ACWA Power acquires $693m assets in Kuwait, Bahrain
Yamama Cement unveils SAR 421m profits in 2024, dividends
SAL’s profits surge nearly 30% in 2024; dividends for Q4 announced
Aramco to own 25% of petroleum firm Unioil within plans to enter Philippines retail market
EFG Hermes KSA to lead major IPOs, deals in 2025 – Interview at CMF2025
ExxonMobil features latest technologies during partaking in EGYPES 2025 as diamond sponsor
Saudi Tadawul Group unveils capital management system during CMF2025
BinDawood Holding’s profits up in 2024; revenues cross SAR 5.6bn
Mobily’s profits leap 39% in 2024; dividends for H2-24 proposed
Prices of investment funds including certificates in EGP, USD – Updated
Zain KSA posts highest revenues in history at SAR 10.3bn in 2024
Wamid, Google Cloud, Deloitte ink partnership agreement at CMF2025
Aljazira Capital, Target launch SAR 1bn fund at CMF2025
Tadawul expected to welcome over 50 IPOs in 2025 – Al Rumaih at CMF
Tadawul inks agreement with Jakarta Futures Exchange at CMF2025 to attract Indonesian investments
Umm Al Qura enters investment agreement with cornerstone investor for IPO
SNB Capital, Awqaf Investment ink agreement at CMF2025 to enhance investment products
Edaa launches Edaa Connect at CMF2025 to streamline access to mutual funds
Saudi Tadawul Group inks MoU with Financial Academy during CMF2025
ACWA Power rolls out SAR 8.6bn deal for energy project in Egypt
Arabian Drilling, Shelf Drilling form to expand offshore drilling globally
SABIC Agri-Nutrients generates lower profits in 2024; revenues cross SAR 11bn
ADNOC Distribution to launch 1st flagship service station in Egypt
Capital Markets Forum 2025 Kicks off in Riyadh
Prices of investment funds including certificates in EGP, USD
Al Baraka Bank-Egypt sees higher profits in 2024; dividends unveiled
Luberef’s revenues exceed SAR 10bn in 2024; dividends for H2 unveiled
Dr. Sulaiman Al Habib’s profits exceed SAR 2.3bn in 2024; dividends for Q4 unveiled
Union Properties sees growth in 2024 operating profit; new projects unveiled
NBK-Egypt logs EGP 7.3bn net profits in 2024
Empower’s revenues jump 7.5% in 2024 financial results
Prices of investment funds including certificates in EGP, USD
solutions’ net profits cross SAR 1.5bn in 2024; dividends announced
Amanat Holdings unveils growth in 2024 financial performance, IPO plans
Abu Dhabi National Hotels posts 216% higher profits in 2024
Dual-listed Ithmaar Holding’s profits near $124m in 2024