Latest news

Date Title
Air Arabia Egypt launches its first flight to Istanbul
Egypt leads Middle East in Forbes fintech ranking with 13 companies
Obeikan Glass names Chairman, Deputy Chairman
CBE auctions EGP 55bn T-bills on Sunday
Banks, EGX to halt business during Eid holiday
Union Coop logs AED 317m profit in 2023
EGX closes Thursday higher
Tadawul closes Thursday’s session higher
CMA approves ACWA Power’s capital hike via bonus shares
DFMGI, FADGI close Thursday in green zone
Egypt’s trade deficit shrinks 37% YoY in January 2024
Turkey-based Arçelik expands footprint in MENA via acquisition deal
Arabian Drilling renegotiates contract with Aramco
Bahrain’s Daleel secures investment from Hambro Perks Spring Studios, Flat6Labs UAE
ADES Holding suspends 5 offshore rigs in Saudi Arabia
Jamjoom Pharma’s board proposes SAR 105m dividends
Egypt buys shipment of liquified natural gas
Almuneef unveils CEO’s resignation, dividends
Saudi PIF’s SITE acquires 10% of South Korea-based AhnLab
Investcorp Capital to invest in JFK Airport’s new $4.2bn terminal project
CBE auctions T-bills worth EGP 50bn on Thursday
Google Cloud appoints Al Sulaiti to lead cybersecurity business for META
Riyad Bank starts assessing potential IPO of Riyad Capital
Dubai South Properties awards AED 1.5bn contract to Al Kharafi Construction
Egypt’s international reserves jump $5bn in March
Ramadan online spending in Saudi Arabia to soar amid certain sectors – Checkout.com
Abu Dhabi’s real GDP grows 3.1% in 2023 – EmiratesNBD Research
TASI closes Wednesday’s session higher; NomuC falls
EGX’s main index rises on Wednesday amid varied performance
Jabal Omar submits capital raise request to CMA
Nama Chemicals’ unit secures facility deal
Statevolt to build $3.2bn gigafactory in Ras Al Khaimah
UAE stock markets decline on Wednesday
Aldar to launch 1st logistics facility at Dubai South
Moody’s upgrades ADIB’s BCA to 'baa3'; affirms long-term issuer ratings
UAE’s PMI down to 57.1 in March; new order growth maintained
GMG, VF Corporation join forces to expand footprint across MENA
ACWA Power’s unit expands power generation capacity in Uzbekistan
Empower records 54% surge in district cooling consumption over 5 years
Banque Misr renews EGP 25bn protocol with gov’t social housing fund
FAB partners with Microsoft to boost financial services globally
Saudi Arabia’s March PMI witnesses rise in new order volumes
Emaar The Economic City’s board hires new CEO
EasyLease buys 60% of United Trans to improve mobility solutions in GCC
Pound stability leads Egyptian non-oil sector’s health gauge to better reading in March - S&P
Aramco awards $7.7bn EPC contracts to expand Fadhili Gas Plant
TASI, NomuC close Tuesday’s session with varied performance
EGX closes Tuesday in red zone; foreign investors acquire buying
Al Hammadi Holding unveils SAR 124.5m sale deal
Salik’s shareholders approve AED 550m dividends for H2-23
DEWA launches smart app on Apple Vision Pro glasses
DFMGI, FADGI close Tuesday’s session in green zone
BBS Technology boosts cybersecurity solutions in MENA
Informatica launches Saudi Arabia’s 1st AI-powered IDMC platform
Egypt’s foreign asset deficit shrinks 24% MoM in February 2024
Careem expands business across Abu Dhabi through Food, Pay apps
Saudi Royal Commission for AlUla pens partnership agreement with Chinese Henan province
Union Properties achieves AED 816m plot sales in Q1-24
UAE ranks among world’s top 10 most connected countries – DHL
Al Akaria inks SAR 882m contracts for construction works
Ekttitab Holding’s accumulated losses cross 65.5% of capital
DSI’s shareholders pass restructuring plan
Valu partners with noon to expand payment plans options for users
FM company Farnek boosts operations in UAE
Expat homebuyers in Saudi Arabia favour NEOM as top choice
Global digital agency Like Digital expands footprint in Saudi Arabia
ADQ launches global pharmaceutical holding firm Arcera
Yamama Cement appoints new Chariman, Vice Chirman
Seera unveils key board appointments
SADAFCO names new Chairman, Vice Chairman
Emaar The Economic City extends SAR 1bn loan duration with PIF
GFH Partners injects $450m in US real estate sector
Tadawul closes Monday in green zone
Cenomi Retail mulls 91% capital reduction
EIC’s unit pens SAR 158m deal with SEC
Riyadh Air, Artefact pen partnership agreement for AI solutions
Egyptian Exchange rebounds on Monday; main index surges over 5%
B Investments Holding’s consolidated profit tumbles to EGP 694m in 2023
CMA greenlights IPO of Dr. Soliman Abdul Kader Fakeeh
UAE stock markets close Monday’s session higher
KamelPay forms exclusive partnership with Network International
Invictus acquires 60% stake in Morocco's agro-trading leader Graderco
Heliopolis Company’s profit balloons to EGP 7.8bn in 2023
Almodawat eyes 70% of capital as cash dividends for 2023
DLD partners with 9 developers to boost Dubai Real Estate Programme
CBE offers debt instruments worth EGP 8.5bn on Monday
Talabat forges strategic partnership with Truecaller
Emirates NBD Capital leads Lenovo's debut facility in Middle East
ROSHN Group unveils ALMANAR’s 1st phase in Makkah
UAE fulfils 44% of Japan’s crude oil needs in February 2024
Tadawul celebrates 400th listing across all securities
Al Baraka Bank-Egypt’s shareholders approve non-distribution of dividends
Emaar The Economic City records 78% lower net losses in 2023, unveils accumulated losses
Cenomi Retail turns to net losses exceeding SAR 1bn in 2023; accumulated losses unveiled
Al Ahli Sabbour, NBE launch Mint Real Estate Assets Management
Tadawul shows negative performance on Sunday
Sinai Cement’s consolidated loss plunges in 2023; sales hit over EGP 4bn
Alkhaleej Training’s acquires 80% of Adhwa’a Al Hidaya Private Schools Company
Saudi German Hospital generates SAR 180m profits in 2023
EGX shows negative performance on Sunday; main index closes below 27,000 pts