Latest news

Date Title
Al Majed for Oud to float 30% shares on Tadawul
Al Jouf Cement obtains SAR 150m loan from Al Rajhi Bank
UAE stock markets close Wednesday with collective rise
ADNOC joins MEIRA 16th conference to enhance IR regional practice
ADNOC unveils joint project for carbon capture, storage off Malaysia
FABMISR logs EGP 15.8bn net profits in H1-24
Alsaif Gallery launches 7th branch in GCC countries
ICON sees higher consolidated profits in H1-24; revenues hit EGP 2.7bn
Dallah Healthcare to acquire Ayyan Investment’s shares in 2 medical firms
Abu Dhabi Chamber unveils 24% increase in certificates of origin issuance
Bahri boosts VLCCs fleet via SAR 3.7bn purchase deal
Acrow Misr’s H1-24 consolidated revenues cross EGP 2bn; profits hike
Saudi Asas closes $320k pre-Seed funding round
Meteora acquires property crowdfunding platform Maisour; regional expansion plans unveiled
Electro Cable Egypt logs EGP 1bn consolidated profits in H1-24
Arab Developers unveils H1-24 financial results, capital raise
Orascom Investment Holding records hike in H1-24 net profits
Beltone delivers growth in H1-24 financials; revenues leap 822% in Q2-24
Red Sea International’s First Fix rolls out SAR 167m deal
RAKBANK, Bitpanda Technology Solutions to unlock digital assets in UAE
Banan Real Estate obtains SAR 50m loan from Riyad Bank
ALEXBANK’s net profits exceed EGP 5bn in H1-24
Oriental Weavers registers EGP 1.4bn consolidated profits in H1-24
Resal raises $9m funding round to expand business in Saudi Arabia
GSK Egypt’s net profits hike in H1-24
MM Group’s consolidated profits hike 105.5% in H1-24
MEPCO to commence SAR 345m project backed by PIF
Alexandria Container logs EGP 6.1bn profits in FY23/24
Saudi Yalla Plus raises SAR 10m funding round
CBE offers T-bonds, floating-rate note on Monday
Dubai Chambers, China Construction Bank pen MoU to boost investments
Red Sea International signs SAR 658m deal for NEOM project
Misr Cement’s H1-24 consolidated profits fall to EGP 17m
Raya Holding’s consolidated profits jump in H1-24, turns to standalone losses
OFH’s net profits shrink in H1-24 financials; revenues up
GB Corp registers EGP 1.1bn consolidated profits in H1-24
Sinai Cement delivers growth in H1-24 financial results
Elsewedy Electric’s consolidated profits exceed EGP 9bn in H1-24
CI Capital’s H1-24 revenues leap 61%; consolidated profits hit EGP 1.3bn
Egypt Gas generates EGP 3bn revenues in H1-24; capital raise unveiled
e-finance posts higher consolidated profits in H1-24; revenues jump 32%
Julphar sees lower net losses in H1-24; revenues up 3%
Emaar Misr records higher net profits in H1-24; assets hit EGP 98.6bn
Noatum enters Egypt’s maritime sector via acquisition of Safina Shipping Services
EIC’s unit rolls out SAR 281m deal
Ataqa logs higher profits in H1-24; revenues exceed EGP 2.7bn
Gulf Navigation Holding records lower revenues in H1-24; net losses reported
Fakhouri leads Cenomi Retail’s growth strategy as CEO
CBE offers T-bills worth EGP 60bn on Sunday
Bayanat, Yahsat launch UAE’s 1st SAR satellite
EG Bank’s consolidated profits cross EGP 1.2bn in H1-24
EBank posts higher consolidated profits in H1-24 at EGP 2.3bn
EFG Holding records higher net profits in H1-24 financials
EFG Holding records higher net profits in H1-24 financials
Manazel suffers net losses worth AED 60m in H1-24
Suez Canal Bank logs EGP 1.8bn net profits in H1-24
Amanat’s net profits fall in H1-24; revenues up 17%
Fawry sees 111% higher consolidated net profits in H1-24
Shuaa Capital suffers AED 945m accumulated losses in H1-24; revenues down
Telecom Egypt’s consolidated profits hit EGP 6.5bn in H1-24
CBE auctions T-bills worth EGP 65bn on Thursday
Salama’s profits up to AED 20.5m in H1-24
ASG Plastic Factory to begin trading on Nomu next week
Arabian Cement’s consolidated sales exceed EGP 3.1bn in H1-24
Al Baraka Bank-Egypt records leap in H1-24 financials; assets hit EGP 124.5bn
Visa joins Saudi Tourism Authority to launch first-of-kind hub in region
TMG Holding’s consolidated profits skyrocket 308% in H1-24
Al Firdous Holding’s net losses retreat in Q1-24/25
HD Bank’s net interest income records EGP 8.2bn in H1-24; profits leap
GMPC delivers growth in H1-24 financial results
SAIB records 69% higher net profits in H1-24
Sharjah Cement shifts to net profits in H1-24
TAQA Arabia’s consolidated profit exceeds EGP 211m in H1-24
Agility Global records 2,156% leap in H1-24 net profit, shifts to nearly $30m profits in Q2
Ithmaar Holding’s profits hike in H1-24; accumulated losses hit 110% of capital
Amer Group registers drop in H1-24 financials; losses reported in Q2
Zain KSA names Acting CEO following Al Dughaither’s death
TAQA records AED 4.5bn net profits in H1-24
GTN appoints Abouardini as new Middle East Relationship Manager
Saudi Ground Services awarded SAR 1.5bn contract from Riyadh Air
NileSat logs $21.5m net profits in H1-24
Orascom Development Egypt’s consolidated revenues skyrocket 65% in H1-24
RAK White Cement’s revenues cross AED 125m in H1-24; profits rise
Waha Capital raises $400m facility from 4 lenders
Qassim Cement’s H1-24 net profits exceed SAR 147m
RAK Ceramics unveils decline in H1-24 financials; dividends proposed
MEPCO’s net losses shrink 49% in H1-24
Madinet Masr’s contracted sales hit EGP 20.9bn in H1-24; profits jump 149.5%
BinDawood registers higher profits in H1-24; revenues cross SAR 2.8bn
E7 Group sees 93% jump in H1-24 net profits
ARTEX Industrial Investment incurs lower losses in H1-24 following rebranding
Juhayna’s consolidated profits leap 166% in H1-24
AD Ports generates 25% higher profits in H1-24; revenues hit AED 8bn
Air Arabia reports AED 693m profits in H1-24; revenues hit AED 1.65bn in Q2
GFH announces 11% annual increase in H1-24 net profit to owners; total income surpasses $332m
Union Coop achieves AED 163m net profits in H1-24 unaudited results
Tabreed unveils H1-24 financial results, new board of directors
MBC Group records nearly fivefold surge in H1-24 net profit; Shahid revenues exceed 40% increase
Cenomi Retail shifts to net losses in H1-24
Ma’aden’s profits leap to SAR 2bn in H1-24