Latest news

Date Title
FRA ratifies acquisition offer for 41% of Middle East Glass Manufacturing
Mobily’s consolidated profit leaps 35% YoY in H1-24
GFH raises stake in GFH Equities to over 76.5%
Saudi Flynas announces new destinations to Bahrain, Doha
Egypt’s external debt records largest historical decline
MIS obtains SAR 340m funding from SAB
Ladun unveils SAR 628m project with Saudi government
solutions achieves 25% growth in H1-24 net profit
EGX closes Monday’s trading session higher
TASI closes Monday down; NomuC ends session higher
Ladun’s subsidiary awarded SAR 120.5m project agreement
MENA-focused OTO closes SAR 30m funding round led by PIF’s Sanabil
Lana Medical to increase capital by granting free shares
UAE stock markets close Monday with varied performance
Saudi Arabia launches Kingdom's most extensive mineralised belts to date
Obour Land’s consolidated profits leap in H1-24; sales exceed EGP 3.8bn
DIB leads $3.2bn financing for GEMS Education
Aldrees generates SAR 160m net profits in H1-24
Pure Health completes Ardent’s IPO on New York Stock Exchange
CBE issues EGP 8bn T-bonds on Monday
Emirates Driving acquires AED 153m stake in Excellence Premier
Kingdom Holding joins alliance to establish SAR 6.8bn fund
CIB’s H1-24 net profits skyrocket; total assets cross EGP 1trn
GCC fixed income markets see $75.5bn issuances in H1-24 – Report
Saudi US treasuries holdings soar over 22% YoY in May 2024
EMPC unveils payment date for 2023 dividends
EGX closes Sunday’s trading session up
Tadawul closes Sunday with positive note
Egyptian banks to suspend operations on 25 July
Aramco awards project management contract to Dar
UAE, Seychelles pen MoUs to use of local currencies in commercial transactions
Egypt unveils EUR 1.8bn investment guarantee with EU
Mubadala-owned Sanad records AED 2.3bn revenues in H1-24
Sipchem records SAR 303m net profits in H1-24
Nadec’s net profit jumps 107% YoY in H1-24
Masdar secures $1bn from 2nd green bond issuance
Hub71 startup Dopay raises $13.5m Series A extension round
Egypt’s MNT-Halan raises over $157m from int’l, local investors
Alandalus Property unveils commercial project worth SAR 831m
DP World, Evyap Group form logistics JV to boost Turkish trade
Amiantit shifts to profits in H1-24
RAKBANK issues 1st publicly traded Social Bond in GCC
CBE holds interest rates steady as inflation moderates
Saudi Tadawul Group achieves SAR 365.5m profits in H1-24
CBE offers EGP 65bn T-bills on Sunday
MENA’s Majarra expands into AI sector via acquisition of Lableb
Ajman Bank records all-time high half-yearly net profits at nearly AED 216m in H1-24
ADCB achieves AED 5bn net profit before tax in H1-24
Egyptian Exchange closes Thursday in green
Act Financial’s private offering oversubscribed by over 20x
Sharjah Islamic Bank logs AED 566m consolidated profit in H1-24
Binghatti sukuk tap 420% oversubscribed on strong global demand
Tadawul closes Thursday with varied performance
UAE stock markets close Thursday in green zone
Mubasher Info launches Sharikat Mubasher to support Saudi ecosystem
ADGM to reduce fee for commercial licences starting 2025
Dar Global, Trump Organization partner to launch Trump Tower Dubai
Sinai Cement unveils results for capital increase offering
CBE auctions EGP 75bn T-bills on Thursday
Faisal Islamic Bank of Egypt posts 142% YoY higher standalone profit in H1-24
UAE’s Eagle Hills Properties pens $3bn tourism deal with Indonesia
Egypt’s primary budget surplus soars 422% YoY in FY23/24 – Minister
Emirates Islamic Bank’s net profit leaps 37% YoY in H1-24
Egypt approves 2,000 MW renewable energy projects by UAE's AMEA Power
Emirates NBD logs 12% YoY higher profit in H1-24
Aramco issues $6bn int’l bonds
EGX’s indices achieve collective gains on Wednesday
Tadawul’s indices close Wednesday mixed
Marafiq joins Miahona’s consortium in Riyadh’s sewage treatment plant
flydubai to add 7 new aircraft by 2024
Saudi Arabian Al Haytham Mining reportedly mulls acquiring stake in Egypt’s Afaq
US’ Circle K fuel stations to open across Saudi Arabia upon deal with Alsulaiman Group
UAE stock markets show positive performance on Wednesday
ACWA Power sells 35% of wind power projects in Uzbekistan to Chinese partner
Neft Alsharq enters into supply deal with Prime Circle Investment
ICON’s consolidated profit hits EGP 449m in Q1-24
Acrow Misr’s consolidated profit jumps to over EGP 400m in Q1-24
CBUAE, NBE pen currency swap agreement, 2 MoUs
Coca-Cola HBC Egypt receives $130m loan from EBRD
PIF’s unit, Chinese partners to localise renewable energy technology in Saudi Arabia
ADNOC Drilling selects Al Ramz Capital as liquidity provider
IMF downgrades 2024, 2025 growth forecasts for Egypt, MENA
Aramco awards $500m offshore projects to Italy’s Saipem
Aramco invests in Air Products Qudra’s subsidiary through 50% equity acquisition
Rawasi Albina announces over SAR 13.5m deal to develop project
Egyptian Exchange’s indices see varied performance on Tuesday
CBRE names new Managing Director for MENA
TASI rises 1.1% on Tuesday; NomuC gains over 69 pts
Mubadala, Qatar Investment Authority participate in $600m funding in North America’s TEN
DFM closes Tuesday in red zone; ADX rises
IHC’s Sirius International, Adani Group acquire Coredge.io
SAIC extends funding deal with Al Rajhi Bank’s asset management arm
Lana Medical buys 50% of 2 Belarusian companies, obtains bank facilities
JV of ADNOC Drilling, Alpha Dhabi Holding buys 51% stake in NTS AMEGA
Batic Investments unveils SAR 40m contract with Majid Al Futtaim
NBQ’s consolidated profit rises to AED 285m in H1-24
SISCO Holding’s Tawzea signs SAR 316m contract to build water recycling plant
Egypt to establish wheat silos company, boost storage capacities
Shuaa Capital swings to consolidated loss in Q1-24
Al Alamiya wins contract with Banque Saudi Fransi