Latest news

Date Title
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
Kima’s shareholders nod for capital hike
Al Abdullatif Industrial’s net losses enlarge 29% in 2023
Alkhaleej Training’s net loss soars 174% YoY in 2023
Al Arabia inks 15-year agreement with Umm Al Qura Development
Borouge’s AGM greenlights dividends for 2023, 2024
Tabuk Cement’s profits near SAR 20m in 2023
SPIMACO’s net loss plunges 98% YoY in 2023
EFIC’s board ratifies cash dividends; capital increase
Empower’s shareholders approve 42.5% of capital as dividends for H2-23
FABMISR implements CBE’s 8% mortgage finance initiative
MEPCO turns to losses in 2023; revenues down 27%
Maharah’s net profit shrinks 15% YoY in 2023; dividends recommended
Juhayna’s consolidated profit leaps 60% YoY in 2023; dividends proposed
Taaleem’s net profits leap 53% in H1-23/24
flydubai adds 2 destinations in Saudi Arabia
Lazurde sees 10% lower profits in 2023; dividends proposed
ADNOC Gas obtains general assembly’s nod for H2-23 dividends
Al Arabia logs over SAR 318m profits in 2023
CBE issues EGP 70bn T-bills on Sunday
Amlak International to raise capital by 12.5% via bonus shares upon regulatory nod
Four companies receive CMA approval for Nomu listing
Yamama Cement obtains SAR 800m financing from Alinma Bank
TASI, NomuC close Thursday in red zone
Middle East, Eurasia make 32% of SMEs drawn to Dubai in 2023
Egypt’s stock market closes Thursday in red zone
UAE stock markets show varied performance on Thursday
IDH’s consolidated profit dips 11% YoY in 2023
EBank’s shareholders pass EGP 2.4bn dividends for 2023
DEWA’s shareholders nod for AED 3.1bn dividends for H2-23
SASCO’s board proposes dividends, capital hike
SRMG’s net profit declines 14% YoY in 2023
MM Group posts EGP 700m consolidated profit in 2023; dividends ratified
ACWA Power seals SAR 3bn long-term deal to build desalination plant in Senegal
CBE auctions EGP 55bn T-bills on Thursday
TAQA, Japan’s JERA partner to build power plant in Saudi Arabia
Tadawul shows positive performance on Wednesday
Egypt’s Sprints raises $3m funding round
Tam Development mulls 12% cash dividends for 2023
EGX plunges on Wednesday; Egyptian, Arab traders acquire selling
Egypt’s FX receipts drop 24% YoY in FY22/23 – CAPMAS
UAE stock markets close Wednesday in red zone
RAK Ceramics to pay AED 99.5m dividends for H2-23
Astra Industrial’s board endorses SAR 200m dividends for 2023
Taqat Mineral Trading to commence Nomu listing end-week
Quara Finance posts 6% YoY profit increase in 2023
e-finance’s board greenlights bonus share dividends
ADES Holding signs agreement to boost production in Egyptian oil fields
Watania International Holding unveils accumulated losses
Taiba Investments’ profit tumbles 21% YoY in 2023; dividends recommended
UAB’s net profits exceed AED 255m in 2023
Saudi Re’s net profit leaps 64% YoY in 2023
CMA greenlights Alinma Bank’s capital raise
Kingdom Holding’s profit drops 85% YoY in 2023; dividends proposed
EIC’s unit inks contract to supply transformers to Aramco
Waha Capital’s AGM greenlights cash dividends for 2023
Aslak’s net profit plummets 64% YoY in 2023
MBC Group logs 45% YoY higher net income in 2023
iSON Xperiences acquires UK-based EC Outsourcing, endorses current 3,500 Egyptian employees
stc joins Ericsson towards more sustainable network in Saudi Arabia
TASI, NomuC decline on Tuesday
Egypt’s stock market falls on Tuesday; market cap hits EGP 1.95trn
Budget Saudi’s profits cross SAR 277m in 2023; dividends unveiled
Lumi sees 12% higher net profits in 2023
UAE stock markets end Tuesday’s session down
Fitch affirms Ajman Bank’s rating at 'BBB’; outlook stable
CMA greenlights IPO of fintech company Rasan
Mubadala Investment acquires 100% of pan-African biopharmaceuticals platform KELIX bio
ADIB partners with Tesla to bolster EV financing
Modern Mills to float shares on Tadawul this week
Telecom Egypt’s OGM endorses EGP 2.5bn dividends
ADNIC’s annual general meeting approves AED 256.5m dividends
Zoujaj’s net profit plummets 54% YoY in 2023
Valu to facilitate accessibility of Braun’s products in Egypt
Scientific & Medical Equipment logs 142% YoY higher profit in 2023
Seera ends 2023 profitable; revenues jump 56% YoY
Yamama Cement’s shareholders approve SAR 202.5m dividends for 2023
E7 Group boosts security solutions in Middle East
Cenomi Centers’ net profit surges 49% YoY in 2023; dividends approved
E7 Group boosts security solutions in Middle East
Dubai Investments’ real estate unit launches AED 300m residential project
CIB’s shareholders nod for dividends, $1bn debt issuance
SADAFCO unveils financial results after changing fiscal year
Tadawul shows varied performance on Monday
TMG Holding’s general assembly greenlights 2023 dividends
EGX shows positive performance on Monday
SAIB obtains CMA’s nod for SAR 2.5bn capital raise
SCZONE unveils project awards worth $2.8bn
DFMGI, FADGI close Monday on mixed note
Telecom Egypt signs MoU with India’s Tejas to bolster manufacturing in Egypt
Saudi Networkers Services to pay SAR 14m dividends for H2-23
ADIB Egypt’s shareholders nod to EGP 1bn capital raise
National Industries reports KWD 47m consolidated profit in 2023
Al Jouf Agricultural appoints new Chairman, Vice Chairman
BCI’s net profit tumbles 37% YoY in 2023
Banque du Caire posts 113% higher profits in 2023
Ash-Sharqiyah Development’s loss shrinks 94% YoY in 2023