Latest news

Date Title
Il Cazar Developments unveils EGP 30bn Safia project in Ras El-Hekma
Plaza Premium Group announces $100m expansion plans in Middle East
UAE’s Nakheel awards construction contracts for Palm Jebel Ali mega development
PayTabs, NuMetric partner to enhance online invoicing in Saudi Arabia
CBE auctions EGP 9.5bn T-bonds, zero-coupon T-bonds
Beltone Holding turns to profitability in Q1-24
Obour Land achieves EGP 157m consolidated profits in Q1-24
Palms Sports concludes new acquisition transaction to expand portfolio
Alkhorayef Water obtains shareholders’ nod for 40% capital hike
Cleopatra Hospitals Group’s consolidated profit jumps to over EGP 204m in Q1-24
Maridive & Oil Services turns to profits in 2023
Tadawul’s indices close Sunday in red
EGX’s indices make strong start to week
Madinet Masr’s consolidated profit soars 287% YoY in Q1-24; contracted sales near EGP 15bn
NBK Egypt records 96% YoY higher profit in Q1-24
UAE's Presight AI Holding, Dell Technologies partner to boost digitalisation in MENA
Kuwait Oil Company awards ADES Holding’s unit 6 contracts with SAR 2.4bn backlog
Egypt’s OneOrder raises $16m to expand into GCC region
MBC Group’s subsidiary seals deal for 90-episode series
CBE offers EGP 60bn T-bills on Sunday
DEWA, Parkin to launch several EV charging stations in Dubai
Saudi Ground Services launches travel subsidiary
CBE holds interest rates steady
Centena Group boosts regional presence with platform debut in Saudi Arabia
Saudi Arabia’s CMA nods for Arabian Pipes’ capital hike
EGX maintains mixed results for 2nd consecutive session
TASI sheds 161 pts on Thursday; NomuC edges lower
Goldman Sachs reportedly becomes 1st Wall Street bank with Saudi HQ licence
Moody's affirms Fertiglobe’s rating, upgrades outlook
EFG Holding sees higher consolidated profits at EGP 2.1bn in Q1-24
Immensa joins forces with Pelagus 3D to expand business in MENA
Masdar seals deals for renewable energy projects in Indonesia
UAE stock markets end Thursday’s session lower
First Arab Forum for Aviation Security kicks off in Saudi Arabia
ECI’s gross exposure hits AED 9.6bn in 2023
Saudi SPPC inks deals to supply wind power to Japanese conglomerate
Egypt reportedly to operate EGP 1.7bn new fuel transportation pipeline
Maharah Human Resources unveils 2 key appointments
Banque Saudi Fransi to pay over SAR 1.1bn dividends for H2-23
CBUAE to issue AED 15bn monetary bills on 27 May
ADNOC concludes $935m institutional placement of ADNOC Drilling’s shares
Aramco signs multiple agreements at Saudi-Japan business forum
Microsoft, UAE’s G42 unveil $1bn investment in Kenya
SRMG appoints Chairman, Vice President
Philip Morris International acquires 14.7% of Eastern Company
CMA approves Ayyan Investment’s capital hike
CBE offers EGP 50bn T-bills end-week
UAE-headquartered Huspy fuels growth plans in MENA via funding round
Future Aviation Forum 2024 attracts historic investments within 2 days
Aljazira Takaful Taawuni’s board nods for SAR 0.3/shr dividends for 2023
Egyptian stock market’s indices end Wednesday with mixed results
Emirates Islamic issues $750m sustainability sukuk
Aldar, Dubai South join forces to build facility for Kuehne+Nagel
Maait announces EGP 500m additional financing for special funds employees’ salaries
Rasan sets price for Tadawul IPO at SAR 37/shr
UAE stock markets fall collectively on Wednesday
EFG Hermes acquires equity ownership in Danish fintech Kenzi Wealth
Nayifat Finance’s Chairman resigned over difference in views
Saudi Arabia’s NDMC closes SAR 3.2bn sukuk issuance
NBE secures $119m loan from EBRD
Al Rasheed to begin Nomu trading end-week
flyadeal expands fleet size with new order at Future Aviation Forum
Dubai International Airport records 23m passengers in Q1-24
Remco’s consolidated losses deepen to EGP 1.8bn in 2023
e-finance acquires stakes in Al Ahly Momken, EasyCash
SAL pens SAR 458m joint deal with Riyadh Airports at Future Aviation Forum
SABIC to disburse over SAR 5bn dividends for H1-24
National Housing Company signs 20 agreements at Real Estate Supply Chains Forum
ADX records large deals on ADNOC Gas
TMG Holding’s contractual sales surpass EGP 100bn
Central Bank of Egypt withdraws EGP 872.5bn liquidity from 31 banks
Honeywell, Volts team up for 1st gigafactory in Abu Dhabi
Madinet Masr unveils EGP 70bn development investments
Keir International awarded 77m agreement from SEC
Future Aviation Forum 2024 likely to showcase $100bn opportunities in Saudi aviation sector
EGX closes Tuesday in decline; market cap value hits EGP 1.84trn
Edita sees 26% higher consolidated profits in Q1-24
Orascom Construction logs $50m consolidated profits in Q1-24
Riyadh Air’s Coste unveils plans until 2030, impact on Saudi employment ecosystem – Interview
ACIG lowers accumulated losses to nearly 17% of capital
Taiba Investments to pay SAR 169m dividends for 2023
DFM closes Tuesday’s session up; ADX down
Korea Tourism Organization launches regional office in Saudi Arabia
ANB, Amlak International obtain shareholders’ nod for capital hike
Riyad Capital launches 1957 Ventures fund to anchor fintech sector
UAE’s Plain Tiger secures investment to expand business in Saudi Arabia
Retal’s subsidiary inks SAR 2.8bn deal with PIF-owned Roshn
Valu concludes EGP 617m bond issuance
Merit secures $12m funding round co-led by SAIB’s investment arm
Regeny, Tellus Power to bolster sustainable mobility in Middle East
Mubadala marks 1st renewable energy investment in Japan
Civil aviation contributes $53bn to Saudi economy – GACA
SAMI Advanced Electronics joins 3rd Future Aviation Forum as strategic partner
Tadawul’s indices end Monday in red
EGX sees varied performance on Monday
ADGM’s assets under management soar 211% YoY in Q1-24
Saudia pens historic deal with Airbus during Future Aviation Forum 2024
UAE stock markets close Monday in red zone
Aramco, Pasqal to deploy 1st quantum computer in Saudi Arabia
Jazadco shifts to SAR 41m losses in Q1-24