Latest news

Date Title
Egypt reportedly may receive 2 LNG shipments in 10 days
Tadawul’s indices close Monday in green
EGX’s indices end Monday mixed
Liquid C2's Cloudmania expands Middle East partner ecosystem with Egypt launch
Egypt’s VR studio 5dVR expands to KSA with AstroLabs
Maridive & Oil Services logs 152% YoY higher consolidated profit in Q1-24
UAE stock markets close Monday in green zone
Infinity Power signs 4GW renewable energy MoU in Cameroon
ADNOC Gas awards $550m contracts to expand UAE gas infrastructure
CBE auctions EGP 143bn debt instruments over two days
GCC companies IPO proceeds shrink 32% YoY in H1-24 – Markaz
ADES Holding secures $3bn dual-currency debt facility from local, regional listed entities
Saudi Airport passenger number jumps 17% YoY in H1-24 – GACA
Aldar Properties seals deal with DP World to develop logistics park in Dubai
Eaton Middle East launches anti-counterfeit Asset Manager application
Madinet Masr, Heliopolis Housing to develop mega project in New Heliopolis
EGX’s indices plunge on Sunday
Tadawul closes Sunday with varied performance
Elsewedy Electric unveils QAR 1bn contract with Qatar’s Kahramaa
Saudi Enaya enters into insurance agreement with Fakeeh Care
Multiply Group accepts Chairman’s resignation; Shueb succeeds
Amlak International announces key board appointments
UK’s fintech firm Offa launches Islamic BTL service for expats in region
Tadawul’s indices end Thursday in green
Diriyah rolls out construction contract exceeding $2bn
Ajman Transport, Visa to implement contactless payment on buses
Islamic Development Bank finances solar, battery projects in Uzbekistan
GCC, UK in talks to sign free trade deal by 2024-end
UAE stock markets close Thursday in green
RWE, Masdar team up for offshore wind project
Aramco partners with Dell, NITA on advanced tech talent development in KSA
Fitness Time announces new name on Tadawul
SIDC’s unit inaugurates 1st branch in Egypt
ADES Holding wins 10-year extension for Saudi jackup rig contract
Air Arabia bolsters European network via new flights to Vienna
Jarir posts 3% drop in H1-24 profits; revenues cross SAR 5.2bn
AMEA Power plans 2,500 MW projects in Egypt
Al Arabia teams up with SCAI to establish special purpose company
DUBAL Holding buys stake in BiOD Technology
Stride Ventures makes 1st GCC investment of $1m in Maalexi
Nasdaq Dubai unveils $2.3bn new Sukuk issuances by Indonesia
Aramco Digital, World Wide Technology to foster AI solutions
FRA greenlights EG Bank’s capital raise
Burgerizzr unveils key board appointments
2P Prefect Presentation pens SAR 121m facility agreement with Riyad Bank
Ras Al Khaimah raises equity ownership in RAK Properties to 34%
EGX’s indices see negative performance on Wednesday
RAK White Cement ratifies 25% acquisition offer from India’s UltraTech Cement; details unveiled
Network International, Mastercard Transform introduce new B2B Payments solution in UAE
TASI edges higher on Wednesday; NomuC shrinks 0.18%
Marriott International, Eagle Hills pen agreement to launch 1st Ritz-Carlton Reserve in UAE
UAE stock markets close Wednesday in green zone
Servme, MyFatoorah partner to enhance digital payments in Middle Eastern restaurants
Egypt’s annual headline inflation edges lower to 27.1% in June
Al Seer Marine elects Chairman, Vice Chairman
IHC’s unit completes nearly 20% equity acquisition in Elsewedy Electric; value unveiled
Saudi Re completes procedures to exit UK’s Probitas; Aviva seals GBP 249m acquisition
Ezz Steel swings to consolidated profit in Q1-24
Saudi Arabia tops MENA's VC funding in H1-24 – Report
Egypt's agricultural exports soars $600m YoY in H1-24
Elm inks agreement with Saudi Ministry of Interior, Data & AI Authority
Dubai Chambers, VFS Global sign MoU to improve access to global markets
Egypt ratifies $200m energy agreements with local, int’l companies
GCC’s project awards drop 20% YoY in Q2-24 – Report
EGX closes Tuesday in green zone
Tadawul shows mixed performance on Tuesday
Ayyan Investment obtains shareholders’ nod for 25% capital hike
Othaim Markets pens SAR 331.5m lease agreement
MyAlice partners with AstroLabs to expand in Saudi Arabia
DFM closes Tuesday down; ADX up
Rove Hotels opens new boutique hotel in Dubai
SHL extends SAR 2bn facility deal with ANB
Najm launches initiative for safe driving in Saudi Arabia
Armah inks over SAR 127.5m lease deal
Egyptian trade deficit widens 22% YoY in 9M-23/24 – CBE
Egypt’s FDI soars 200% in 9M-23/24 – CBE
Avalon Pharma obtains SAR 70m from Emirates NBD
Aramco offers USD-denominated int’l bonds
Agthia Group launches AED 90m manufacturing facility in Saudi Arabia
eXtra sees 37% higher net profits in H1-24
Ajman’s economic licenses grow 15% YoY in H1-24
Red Sea disruptions cause Suez Canal’s revenues to drop over 7% YoY in 9M-23/24 – CBE
QNB’s H1-24 net profits leap; consolidated assets hit EGP 750.3bn
NOW Money, Mastercard partner to foster payment in GCC
Saudi Arabia, UAE make 82% of GCC’s oil exports to Japan in May 2024
Tadawul closes Monday’s session mixed
EGX’s indices end Monday with varied performance
Network International, Policybazaar facilitate access to affordable insurance policies
PIF’s Neo Space names Blanken as new CEO
EMX introduces EMX International to facilitate e-commerce delivery in GCC
UAE stock markets show mixed performance on Monday
ASG Plastic Factory to trade nearly 11% shares on Nomu
NBK seals 5-year deal to deploy Super iPaaS solution in Middle East
Dubai real estate market records $2.1bn in 2024 sales
Madinet Masr pens MoU for construction of EGP 1bn Sarai project
Dubai Media, NEP Group ink MoU to boost logistical capabilities
Saudi Arabia ranks 3rd in EMEA 5G download speeds – Opensignal
Ajman Bank, Positive Zero partner to implement energy efficiency solutions
GFH Partners launches new fund to expand in US
Riyadh ranks among world’s top 15 fastest-growing cities by 2033 – Report