Latest news

Date Title
Saudi Arabia leads 1st round of GCC-Turkey free trade agreement talks
Arabian Cement logs higher profits at SAR 83m in H1-24; dividends unveiled
Egypt signs $342m agreements with int'l companies to boost oil, gas production
DSI turns into profitability in H1-24
Aldar Properties logs 57% YoY higher profits in H1-24
Amlak International sees lower profits in H1-24; assets exceed SAR 4.1bn
CBE offers T-bills worth EGP 60bn on Monday
Phoenix Group registers $122m profits in H1-24
stc names new Chairman, Vice Chairman
SABIC Agri-Nutrients’ profit dips over 5% YoY in H1-24
TASI grows 1.2% on Sunday; NomuC edges higher
Bank of Sharjah records positive performance in H1-24 financials
EGX’s indices end Sunday mixed
Apex Investment turns profitable at AED 23m in H1-24
CBI logs AED 81.5m profits in H1-24; total assets near AED 20bn
SODIC’s consolidated profit nears EGP 630m in H1-24
Al Seer Marine’s net losses deepen in H1-24
Dr. Sulaiman Al Habib’s profit surpasses SAR 1bn in H1-24; dividends approved
Deyaar sees 6% higher revenues in H1-24; profits cross AED 188.5m
Egypt’s MNT-Halan buys Türkiye’s Tam Finans
Mashreq Bank records AED 4bn profits in H1-24; operating income leap 20%
City Cement’s profit leaps 34% YoY in H1-24
Masdar announces EUR 1.7bn renewable energy transaction in Spain
UAE finalises comprehensive economic partnership agreement with Morocco
Almunajem Foods records 27.5% hike in H1-24 estimated profits
Beltone Mortgage secures 22.2% market share in H1-24
NBF’s net profits exceed AED 441m in H1-24
Bahri reports 20% YoY higher profit in H1-24
CBE auctions EGP 60bn debt instruments on Sunday
Knowledge Economic City’s losses leap 265% in H1-24
Tibbiyah’s board approves CEO resignation
TASI shrinks 0.62% on Thursday; NomuC rises 0.31%
Japan-based Sharp, Elaraby Group ink $50m deal
Balady Poultry posts 79% YoY higher profits in H1-24
UAB’s H1-24 net profits jump 15%
Saudi mega development project NEOM achieves progress in infrastructure
Mashreq Bank leads $3.2bn sustainability-linked funding round for GEMS Education
Banque Misr, Tanmeyah sign EGP 500m credit facility agreement
DFM, ADX close Thursday with collective gains
UAE-headquartered Pathfinder raises $325m investment ahead of NASDAQ listing
Dubai-based fintech Mamo secures $3.4m investment for regional expansion
UAE-China trade to hit $200bn in 2030 – DMCC
EIC’s net profits leap 106.5% in H1-24
Al Qemam pens SAR 9.4m deal with Asir Region Municipality
FAB achieves AED 8.4bn net profits in H1-24
Burgerizzr’s net profit soars 105% YoY in H1-24
Yanbu Cement’s net profits jump 13.5% in H1-24 initial results
Moody's Ratings maintains e&'s Aa3 ratings; outlook stable
Egypt raises fuel prices
NBE raises stake in 4 EGX-listed entities
NMDC sees 66% higher net profits in H1-24
Zain KSA records 86% drop in H1-24 net profits
SEDCO Capital lists multi-asset traded fund on Tadawul
Tadawul’s indices close Wednesday mixed
ADIB logs 30% higher consolidated profit in H1-24
EGX closes Wednesday with varied note
FAB expands Visa B2B in region via new partnership
CBD’s net profits hike 18.5% in H1-24
Emirati-Turkish-Azeri alliance form $600m real estate venture
DFM closes 0.29% higher on Wednesday; ADX rises 0.31%
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