Latest news

Date Title
Al Jouf Cement’s consolidated profit leaps 174% YoY in 2023
ADNOC Drilling elects Chairman, Vice Chairman
Petro Rabigh’s loss deepens 321% YoY in 2023
Saudi Ceramic turns to loss in 2023; capital increase proposed
SASCO’s net profits up to SAR 105.5m in 2023
CBE issues T-bills worth EGP 50bn on Sunday
Saudi Arabian Amiantit settles SAR 313m debt to SNB
AD Ports acquires 60% ownership in Georgia-based Tbilisi Dry Port
Amana Cooperative Insurance shifts to profitability in 2023
ACWA Power announces forced outage in Morocco’s Noor 3 solar power plant
CATRION Catering posts 10% YoY higher profit in 2023
Orascom Financial Holding swings to profitability in 2023
US-based Coupa launches firm’s 1st data centre in Middle East
Cash My Stock launches in Saudi Arabia with UAE’s AstroLabs to boos B2B e-commerce
TASI, NomuC close Thursday in green zone
EGX shows positive performance on Thursday
UAE stock markets show varied performance on Thursday
Gulf Business Machines extends strategic partnership with Lenovo
Elsewedy Electric ups credit facility deal with Afreximbank to $300m
Waja pens SAR 49.5m deal with Saudi government
Sinad Holding incurs SAR 133m losses in 2023
Amanat names Ireland as new CEO
Malath Insurance swings to profitability in 2023
EFG Hermes leads $429m IPO of Parkin for DFM listing
Saudi Printing’s loss widens 1,335% YoY in 2023
CMA nods to Nomu listing, IPO of 2 companies
Aljazira Takaful Taawuni posts 15% YoY higher net profit in 2023
Alujain Corporation turns to losses in 2023
CBE unveils T-bills worth EGP 60bn on Thursday
Wind boosts MENA’s yachting industry via $1m funding round
Emirates Stallions Group acquires 40% additional stakes in 2 local interior design firms
Arabia Insurance Cooperative posts 875% surge in 2023 net profit
Alandalus Property inks SAR 114m lease agreement for 5 years
CoinMENA FZE joins Network International to endorse crypto ecosystem
Tadawul shows mixed performance on Wednesday
EGX closes Wednesday with varied performance
Eastern Province Cement secures SAR 1bn loan from Banque Saudi Fransi
DFMGI, FADGI close Wednesday with positive performance
Egypt’s healthtech platform Pharmacy Marts raises funding round
The Arab Energy Fund posts 51% YoY higher net income in 2023
MedGulf unveils 2023 financials; insurance revenues up 26%
Dar Al Arkan sees higher profits at SAR 611m in 2023
United Cooperative Assurance turns to profitability in 2023
SAICO turns profitable in 2023; revenues surge 14% YoY
Tabreed unveils higher cash dividends for 2023
Jabal Omar Development receives ministerial licence to operate Jumeirah 3rd tower
MANTRA completes $11m funding round to boost RWA tokenisation
Mopco releases payment date for EGP 2/shr dividends
EFG Holding’s consolidated profit soars 39% YoY in 2023
Al Ansari Financial Services to pay AED 300m dividends for H2-23
Dubai International Chamber boosts global expansion of EV market
Canadian Medical Center enlists financial advisor for main market transition
Valu mulls offering 25% stake on Egyptian Exchange – CEO
Eshraq Investments shifts to consolidated loss in 2023
TASI closes Tuesday’s session higher; NomuC falls
Masdar to acquire 50% stake in US-based Terra-Gen
EGX’s indices continue to close in red zone on Tuesday
EG Bank’s shareholders nod to capital increase
Gulf General shifts to profitability in 2023; board proposes capital hike
Fitness Time logs 40% YoY higher consolidated profit in 2023; dividends approved
Emircom launches security operating centre in Riyadh
Brent crude to surpass $80/b by 2024-end amid timid market sentiment – Bloomberg
UAE stock markets close Tuesday mixed
Salama Cooperative eyes SAR 100m capital raise
Stubborn inflation likely to prompt Fed to maintain interest rates – Emirates NBD
Shuaa Capital’s board approves changing terms of $150m bonds
Global energy transition efforts face hard realities – Aramco’s CEO
Baazeem to pay 11% of capital as dividends for H2-23
CMA nods to Nomu listing of Yaqeen, Bank Aljazira’s capital hike
RAKBANK announces 2 key appointments
Bahri’s board proposes SAR 406m dividends in 2023
Aldawaa Medical Services’ net profit rises 8% YoY in 2023
ADX teams up with Eureeca to expand IPOs globally
Knowledge Economic City’s net loss deepens 135% YoY in 2023
Riyadh Cement posts SAR 189m net profit in 2023
Al Hammadi Holding records 18% YoY higher net profit in 2023; dividends ratified
World Bank plans to support Egypt with over $6bn for different channels
Tadawul shows mixed performance on Monday
Almarai unveils SAR 18bn strategic plan
EGX closes Monday with negative performance
Egypt-EU bilateral trade exceeds $31bn in 2023
Saudi Enaya shifts to profitability in 2023
Madinet Masr considers purchase of 400 feddans in North Coast – CEO
EFG Hermes completes advisory on Cenomi Retail’s sale deal
UAE stock markets close Monday with positive performance
United Mining Industries obtains board’s nod for H2-23 dividends
Ooredoo, e& team up to evolve submarine network in Middle East
Chubb Arabia’s net profit jumps 98% YoY in 2023
Madinet Masr Innovation Labs unveils Theqa property warranty solution
Energy Capital completes acquisition of Aujan Industrial
Zoujaj to distribute SAR 16.5m dividends for H2-23
Alandalus Property appoints new Chairman, Vice Chairman
Modern Gas develops SAR 2m subsidiary in Saudi Arabia
Arabian Drilling’s net profit rises 8% YoY in 2023; dividends recommended
CBE issues T-bonds worth EGP 3.25bn on Monday
Lana Medical’s unit wins contract in King Khalid Military City's campus
Nahdi Medical’s net profit shows slight increase in 2023; dividends approved
Aldar Properties sells Abu Dhabi’s most expensive apartment
Southern Province Cement’s profits fall 35% in 2023
Chemanol’s losses hit SAR 178m in 2023