Latest news

Date Title
Aramco acquires 40% shareholding in Pakistan-based GO
EFIC’s consolidated profit leaps to EGP 428m in Q1-24
Growdash secures $1.8m funding round led by MENA-focused fund Oryx
Panda achieves EGP 65m consolidated profits in Q1-24
Saudi EXIM pens agreements with Macquarie, Allianz
ADNOC awards 3% equity in SARB, Umm Lulu concession to SOCAR
Saudi Arabia provides $129bn aid to 169 countries
Sinai Cement swings to profitability in Q1-24
SABIC Agri-Nutrients unveils SAR 1.4bn dividends for H1-24, quarterly financials
Saudi MESC awarded $60m joint project in UAE
Alef Education raises 1st tranche of IPO on high demand
Aramco inks SAR 3bn contracts for steel pipes supply
Egypt’s foreign asset deficit shrinks over 12% MoM in April 2024
Banque Saudi Fransi, Al Arabia eye capital increase via bonus shares
Egypt’s central bank unveils EGP 50bn T-bills
Aman’s accumulated losses hit AED 149.5m in Q1-24
United Mining Industries names Chairman, Vice Chairman
Unlike UAE stock markets on Thursday, Tadawul shows varied performance while EGX falls
FABMISR delivers 108% annual leap in Q1-24 net profit
PIF’s newly launched Neo Space partners with Display Interactive for next-gen connectivity solutions
EFIC’s standalone profit jumps to EGP 158m in Q1-24
ElSaeed Contracting’s consolidated profit grows to EGP 61m in Q1-24
B Investments Holding’s profits to shareholders near EGP 892m in Q1-24
Scientific & Medical Equipment pens SAR 51m agreement
MM Group posts EGP 257m consolidated profit in Q1-24
East Pipes Integrated unveils SAR 142m contract
Winning Arab Media Award crowns Mubasher.info’s years of hard work – El-Bassal
EIPICO’s consolidated profit jumps to EGP 603m in Q1-24
UAE stock markets flag in green on Thursday
IDH logs EGP 401m consolidated profits in Q1-24
Ataqa generates EGP 61m profits in Q1-24
Eastern Company’s profit shrinks 2% YoY in 9M-23/24
Gas Arabian Services rolls out SAR 761m deals with Saudi Aramco
TMG Holding’s consolidated profit leaps to EGP 4.1bn in Q1-24
EGAS hikes stake in Mopco for EGP 600m
Saudi Arabia inks MoU with Austria for economic cooperation
Arab Developers Holding swings to consolidated loss in Q1-24
CMA nods for Academy of Learning’s capital raise
ADIO, Khazna partner to build data centre in Abu Dhabi
HD Bank’s consolidated profits leap to EGP 2.8bn in Q1-24
Saudi Arabia’s National Debt Management Center closes $5bn sukuk issuance
Horizon Educational to float shares on Nomu next week
Telecom Egypt’s consolidated net profit rises 2% YoY in Q1-24
CBE issues T-bills EGP 45bn on Thursday
Moody’s upgrades DEWA’s credit rating to ‘A3’; outlook stable
Shams names Chairman, Vice Chairman
GB Corp’s profits skyrocket in Q1-24; revenues hit EGP 9bn
Oriental Weavers’ consolidated profit surpasses EGP 557m in Q1-24
El-Shamsy highlights efforts behind choosing Mubasher.info as Best Economic Platform
Tadawul shows positive performance on Wednesday
EGX’s indices close Wednesday in red zone
Zahraa Maadi sees 10% higher net profits in Q1-24
Arabian Cement posts lower consolidated profits in Q1-24
UAE stock markets close Wednesday’s session lower
TVM Capital Healthcare launches $250m Afiyah Fund led by PIF-backed Jada
Saudi Miral Dental to commence trading on Nomu this week
Egypt-based fintech Thndr launches services into UAE market
UAE’s GrubTech secures $15m Series B led by Saudi Jahez
Raya Holding sees higher consolidated profits in Q1-24, turns to standalone losses
Almunajem Foods to disburse SAR 75m dividends for H1-24
Palm Hills registers 298% higher consolidated profits in Q1-24
PureHealth unveils AED 1bn local procurement to back National ICV programme
Yaqeen Capital announces offering price for Nomu listing
CI Capital’s consolidated profits leap 194% in Q1-24; regional expansion plans unveiled
DMCC pens MoU with Seoul Business Agency to boost UAE-South Korean ties
Tadawul’s indices close Tuesday in negative territory
EGX’s indices end Tuesday in red
Dubai Industrial City boosts regional presence via AED 410m land capacity expansion
Oil prices climb amid mounting tensions in Middle East – Saxo Bank
DFM, ADX close Tuesday in red zone
Dubai Taxi partners with Talabat to expand delivery fleet
Mubasher.info portal receives Arab Media award 2024
Middle East named world's fastest-growing real-time payment market for 2nd year – Report
Al Akaria’s board accepts CEO's resignation
UAE leads MENA in WEF’s 2024 index for tourism, travel development
Gulf Islamic Investments, LogiPoint ink SAR 1bn logistics JV deal in Saudi Arabia
Misr Cement logs EGP 32m consolidated profit in Q1-24
GO unveils 2 project contracts worth SAR 45.5m
Alkhorayef Water secures SAR 275m loan from Bank Albilad
EDGE, ADDED partner to boost Abu Dhabi’s industrial capabilities
DP World joins Maalexi to boost food security in Gulf countries
Saudi Public Investment Fund launches space company
Alhokair Group’s accumulated losses hit 35% of capital
Oriental Weavers’ consolidated profit rises to EGP 557m in Q1-24
Emirates Development Bank targets AED 30bn financing by 2026
Miral Dental to commence trading on Nomu this week
Goldman Sachs raises equity ownership in Cleopatra Hospitals Group
TASI loses 19 pts on Monday; NomuC shrinks 0.71%
EGX sees negative performance on Monday
Investor confidence drives growth in GCC’s healthcare market – JLL
Elm to Participate in GITEX Africa 2024
ADNOC raises local manufacturing target to AED 90bn by 2030
Mastercard, Payment24 partner to boost EMV adoption in EEMEA's fleet sector
DFM, ADX close Monday with mixed performance
Apache Egypt names new Acting Vice President, Country Manager
du, Gracia launch agritech digital platform to boost agriculture in UAE
Investor buys EGP 1.3bn stake in Minapharm Pharmaceuticals
UAE’s Premium Diagnostics acquires EGP 60m stake in City Medical Lab
UAE-based Holo raises fund to expand in Saudi Arabia
DP World launches SAR 900m logistics park at Jeddah Islamic Port