Latest news

Date Title
Riyadh to host 5th Capital Markets Forum under Powering Connections theme
Tecom Group’s profits exceed AED 1.2bn in 2024; dividends for H2-24 proposed
RAK Properties logs nearly AED 281m profits in 2024; revenues jump 40%
Al Ramz drives regional expansion by supporting market-making operations in Oman
SHL Finance obtains SAR 200m facility from Emirates NBD
ADNIC’s Saudi expansions drives highest-ever reported insurance revenue in 2024
CBE offers T-bills worth EGP 80bn end-week
ACWA Power pens SAR 2.5bn agreement with SWPC
Crédit Agricole Egypt’s consolidated profits leap 55.5% in 2024; deposits exceed EGP 95.4bn
PIF-backed Roshn inks SAR 2bn financing deal with SNB
SAB to distribute 10% of capital as dividends for H2-24
FABMISR sees 153% higher profits in 2024
Sumou Real Estate secures SAR 130m loan from SAB
UAE, Saudi Arabia lead MENA’s e-commerce growth in 2024
Beltone VC collaborates with LNKO to boost expansion plans
UAB’s profits up 18% in 2024; assets hit AED 21.5bn
ANB posts SAR 4.9bn profits in 2024; dividends for H2-24 unveiled
Cairo-based Khazna to boost Saudi expansion via $16m funding
Ma’aden to offer USD-denominated issuance
Raydan Food liquidates Egypt unit to avoid currency exchange losses
Saudi Arabia’s January PMI marks strongest expansion for over decade
Saudi Cement’s board recommends SAR 229.5m dividends for H2-24
qeen.ai secures largest seed investments in MENA; total funding reaches $12m
Riyadh Development’s shareholders approve 31.5% capital raise
Edarat Group logs SAR 104.5m revenue in 2024; net profit surges 40% YoY
Multi Business Group records 19% higher net profit in 2024
Egypt’s non-oil sector begins 2025 with growth; PMI up to 50.7 in January
Borouge’s profits leap 24% in 2024; dividends for H2-24 proposed
Multiply Group’s profits fall to AED 189m in 2024; revenues surge 56%
Riyad Bank to pay out SAR 2.6bn dividends for H2-24
Bank Albilad records 18.5% higher profits in 2024
Beltone generates over EGP 1.7bn consolidated net profit in 2024; revenue hits EGP 7.4bn
Al Arabia inks SAR 972m facility deal with SAB
Myne secures $2m funding to fuel expansion in MENA
Alkhorayef Water hikes financing from Alinma Bank to SAR 630m
BKN301 launches regional office in Qatar to foster MENA’s digital solutions
Riyad Bank registers 16% higher profits in 2024
ADNOC mulls creating global polyolefins group
Saudi Tadawul Group’s unit WAMID takes over DirectFN Limited
MIS obtains SAR 1.6bn loan from Banque Saudi Fransi
ADNOC’s TA’ZIZ unveils world’s largest methanol plants via $1.7bn award
CBE auctions EGP 14bn debt instruments over 4 issues
PIF-backed Umm Al Qura mulls IPO on Tadawul
MIS enters into nearly SAR 59m AI deal with SDAIA
Egyptian startup Simplex raises $13m investment to build CNC factory in Saudi Arabia
SEC boosts capital structure after settling SAR 5.6bn obligations
Derayah Financial unveils price range for IPO on Tadawul
Armah signs SAR 224m contract with Banan Real Estate’s affiliate Qimam Nashaz
Emirates Driving’s profits up to AED 282.5m in 2024
Bank Aljazira records SAR 1.2bn net profits in 2024
SAB posts 15% higher profits in 2024
ACWA Power cooperates with Italian gov’t-owned SACE to endorse renewables
Banque Saudi Fransi’s board proposes SAR 1.2bn dividends for H2-24
Alkhabeer REIT Fund to pay SAR 15m cash dividends for Q4-24
Bahri’s profits jump 34.5% in 2024; revenues cross SAR 9.4bn
Al Baha Investment’s 2024 net profit jumps 69.5% YoY
NMDC Energy delivers 80% higher net profits in 2024 due to global expansion
Aldar unveils $500m hybrid notes issuance to Apollo, AED 940m sales from Manarat Living II
Jarir’s sales cross SAR 10.8bn in 2024; net income affected by Egyptian pound devaluation
CBE unveils EGP 65bn T-bills on Sunday
Mashreq Bank’s regional growth motivates over AED 9bn profits in 2024
Sustainability Forum Middle East concludes, endorses MENA region’s decarbonisation goals
Middle East’s Arab Health unveils new brand identity
Lunate plans equity acquisition in ADNOC Gas Pipelines from Snam
DFM’s detailed financial results for 2024 unveil robust growth; board proposes AED 256m dividends
BHM Capital cements regional leadership through External Market Maker membership on BHB
Saudi Arabia welcomes record number of foreign visitors in 2024 – Report
Islamic T-bonds auction for January 2025 attracts over AED 6.9bn bids
UAE-based EVOTEQ to expand in MENA, beyond through partnership with Egypt’s DAF
Euromoney introduces new Capital Markets Awards; building on programme for top performers in global banking
Debt crowdfunding platform Lendo raises $690m facility led by J.P. Morgan
Deloitte Middle East to provide cloud observability solutions through strategic collaboration with Dynatrace
Middle East’s 1st Blue Bond lists on Nasdaq Dubai by DP World under $10bn programme
Alinma Bank’s profits surpass SAR 5.8bn in 2024; dividends for Q4 proposed
Banque Saudi Fransi’s net profits up to SAR 4.5bn in 2024
NBF posts higher profits in 2024; operating income crosses AED 2.4bn
SNB announces 10% of capital as dividends for H2-24
CBD’s profits record AED 3bn for 1st time; total income rise 11% in 2024
Bupa Arabia logs SAR 1.1bn net profits in 2024
Paymob, Woo forge partnership to boost e-commerce in MENA
Al Rajhi REIT Fund’s unitholders to receive SAR 38.5m dividends
Emirates Islamic Bank’s profits cross AED 2.8bn in 2024; assets up 27%
MubasherTrade announces Cash Mubasher as 1st fund on AKEED app
Al Rajhi Bank unveils SAR 19.7bn profits in 2024, dividends for H2-24
Al Seer Marine’s revenues up to AED 1.2bn in 2024
REGA unveils partnerships at RFF2025 to boost real estate sector’s efficiency
Spark Education Platform of EFG Hermes-managed Saudi Education Fund unveils majority stake acquisition
EFG Hermes leads MENA equity capital markets for 2024, unveils outlook for 2025
Real Estate Future Forum sees 12 deals signed at over SAR 6bn
SNB records over SAR 21bn profits in 2024; assets jump to SAR 1.1trn
Emirates NBD’s profits up 7% in 2024; financial growth in Saudi Arabia remarked
SAIB sees 11% higher net profits in 2024
ADIB’s profits jump to AED 6.1bn in 2024; dividends unveiled
NHC mulls offering subsidiaries for public subscription – CEO at RFF2025
NHC secures SAR 30bn agreement at Real Estate Future Forum 2025
PIF-owned ROSHN Group acts as strategic partner of Real Estate Future Forum 2025
Al Hogail outlines plans for 20k housing units at RFF2025
PIF completes pricing of $4bn international bonds
Two events kick off in Saudi Arabia, bring together world’s pioneering minds for 3 days
Janus Henderson expands regional footprint with new appointment