Latest news

Date Title
Aldar Properties’ investment arm issues $500m green sukuk
Arabian Shield posts higher profits in Q1-24; revenues hike 53%
DFM, ADX fall collectively on Thursday
Advanced Petrochemical turns to loss in Q1-24
Al Modawat’s board recommends stock split
Al Alamiya swings to profitability in Q1-24
Emirates Steel Arkan’s net profits exceed AED 128m in Q1-24
TAQA Arabia posts 16% YoY higher consolidated profit in Q1-24
GASCO records higher net profits at over SAR 78.5m in Q1-24
Total liquidity in Saudi Arabia rises over 8% YoY in March
Faisal Islamic Bank's consolidated profit leaps 181% YoY in Q1-24
Jamjoom Pharma registers SAR 103m net profits in Q1-24
DSI’s net losses deepen to AED 46m in Q1-24
Gulf Union Al Ahlia logs 30% YoY profit decline in Q1-24
ADNOC inks 15-year LNG agreement with Germany’s EnBW
Saudi Re generates 184% leap in Q1-24 net profits
Egypt's non-oil private sector marks 41st consecutive month of contraction
SIIG delivers growth in Q1-24 initial financials
Egypt’s annual headline inflation decelerates over 1% in April
ADNOC Distribution sees higher profits in Q1-24; growth plans announced
CBE issues EGP 50bn T-bills on Thursday
SMASCO unveils price range for Tadawul IPO
Saudi Ceramics achieves 6% higher net profits in Q1-24
EGX’s indices close Wednesday lower
Tadawul closes Wednesday’s session in green zone
Riyadh Development records 117.5% jump in Q1-24 net profits
NMDC posts AED 641m consolidated profit in Q1-24
Egypt to build int’l tourist port in New Ras El-Hekma
Amlak Finance’s net profit hits AED 27m in Q1-24
Nofoth announces 2023 dividend recommendation
RAYA CX acquires 15% of Gulf Customer Experience Bahrain
Air Cairo chooses Seera’s Almosafer as exclusive agent in Saudi Arabia
UAE stock markets close higher on Wednesday
Mastercard restructures leadership roles in MENA
Nahdi Medical’s profit shrinks 5% YoY in Q1-24
Al Rajhi Bank to issue USD sukuk to Saudi, int’l investors
Jabal Omar Development’s board nods for CEO resignation
Dana Gas’ consolidated profit dips to $38m in Q1-24
Beltone, UAE’s Comera partner to boost digitalisation in Egypt
stc’s profits rise over 5% YoY in Q1-24; dividends proposed
ADNOC L&S logs 34% YoY profit hike in Q1-24
Egypt int’l reserves hit 4-year high in April 2024
Nayifat achieves SAR 17m net profits in Q1-24; revenues decline 15%
SEC obtains $1bn loan from SNB
Savola Group registers 11% decrease in Q1-24 net profit
Mubadala invests in Australia's largest urea plant
EGX’s indices end Tuesday higher; market cap hits over EGP 1.7trn
Tadawul’s indices close Tuesday in red; turnover surpasses SAR 7bn
Qalaa Holdings registers EGP 11.8bn consolidated profits in 2023; revenues up 17%
UAE card payments market to exceed $200bn in 2028 – GlobalData
ASCOM registers leap in 2023 consolidated profits
FABMISR opens 2 new branches in Giza, Cairo
Emirates inks MoUs to boost tourism in Malaysia, Turkey; A350 network expanded
UAE stock markets close Tuesday in green
NCTH sees higher net profits in Q1-24
Fitch Ratings affirms Bank of Sharjah’s IDR at 'BBB+'; outlook stable
Saudi Home Loans records 89% YoY profit hike in Q1-24
Empower’s net profits fall to AED 165.5m in Q1-24
Egypt buys 1.8m tonnes of wheat from local farmers
DAMAC Properties expands in Beijing, Singapore
S&P assigns ‘A-’ rating to Saudi GIG; outlook stable
Saudi Printing announces 2 key appointments
Masdar to expand green hydrogen projects in Egypt’s SCZONE, Mediterranean coast
IHC unveils 87.5% higher profits in Q1-24, AED 5bn share buyback plan
Aramco’s profit dips 14% in Q1-24; $31bn dividends announced
ADNOC Gas announces 15% higher revenues in Q1-24, $13bn investment plans
Al Akaria reports plunge in Q1-24 net profits, accumulated losses
Americana Restaurants records 52% lower profits to owners in Q1-24
Tihama’s Chairman resigns; Bargash designated
Amlak International’s net profits decline to nearly SAR 9m in Q1-24
Tadawul’s indices show varied performance on Monday
flydubai records growth in passenger traffic; fleet retrofit project unveiled
Emaar The Economic City partners with Aramex to endorse logistics sustainability in KAEC
ADES Holding pens SAR 350m deal with TotalEnergies
Bawan’s Q1-24 profits fall 15.5%; revenues near SAR 884m
UAE stock markets show varied performance on Monday
Al Rajhi Takaful’s net profits exceed SAR 111m in Q1-24
Fitness Time unveils Q1-24 financials, dividends
Eastern Province Cement sees 21.5% higher profits in Q1-24
Bupa Arabia logs SAR 359.5m in Q1-24
Saudi German Hospital’s profits rise in Q1-24; revenues cross SAR 689m
Academy of Learning eyes 50% capital hike
Arabian Cement’s profits exceed SAR 54m in Q1-24
Alpha Dhabi Holding records over AED 4.5bn profits in Q1-24
solutions generates higher profits at SAR 353m in Q1-24
SAIB achieves 8% annual growth in Q1-24 net profits
SASCO obtains CMA’s approval for capital increase
SASCO obtains CMA’s approval for capital increase
SASCO obtains CMA’s approval for capital increase
SAB’s net profits surpass SAR 2bn in Q1-24
Presight joins ADNOC, G42 to accelerate AI solutions via new shareholding structure for AIQ
UAE’s headline PMI hits 8-month lowest level in April; non-oil private sector sees business growth
Amak logs 54% YoY profit decline in Q1-24
Tadawul starts week with positive performance
Nadec records 169% jump in Q1-24 net profit
Luberef’s net profit plummets 46% YoY in Q1-24
Najran Cement’s net profit falls 38% YoY in 2023
CBI records higher profits in Q1-24 on customer-centric business strategy, corporate culture
Saudi non-oil private sector keeps momentum in April
Multiply Group’s net profit jumps 48% YoY in Q1-24