Latest news

Date Title
CBE offers EGP 60bn T-bills on Thursday
SNB Capital launches $230m fund via Dubai-based unit
Egypt's fintech MoneyHash raises $4.5m Seed round
EGX ends Wednesday in red; benchmark index dips 1.1%
HD Bank registers 141% YoY higher consolidated profit in 2023
Tadawul shows varied performance on Wednesday
Oriental Weavers records EGP 1.9bn consolidated profits in 2023; dividends proposed
CoreVision acquires VeFund to boost startup ecosystem
Almohafaza unveils price range for Nomu offering
Palm Hills Developments logs EGP 1.6bn profits in 2023; acquisition deal approved
UAE stock markets end Wednesday mixed
TAQA Arabia’s consolidated net profit rises 3% YoY in 2023
Burjeel Holdings enters new partnership to enhance airport healthcare services
TMG Holding’s consolidated profits soar 44% YoY in 2023; board nods to dividends
FRA greenlights B Investments’ acquisition of Orascom Financial Holding
Mubadala Capital seeks more global expansion with South Korea’s Woori Venture Partners
DIB’s annual assembly nods to AED 3.2bn dividends
Major shareholder transfers ownership of Dr. Sulaiman Al Habib’s shares
Petronas Lubricants International eyes expansion in Egypt
Luberef’s profits shrink to SAR 1.5bn in 2023; dividends proposed
Retal Urban Development posts over 17% YoY lower profits in 2023; dividends unveiled
Sinai Cement’s authorised capital to reach EGP 10bn
Modern Mills completes book-building for Tadawul’s IPO at SAR 48/shr
Astra Industrial’s net profits up in 2023; revenues hit SAR 2.8bn
GTN expands commodities offering for digital investing in physical gold and silver
Q Holding takes over ADNEC; rebranding unveiled
Shaker Group’s net profit soars 99% YoY in 2023
SABIC shifts to loss in 2023; revenues plummet 23% YoY
MAPEI Group acquires Saudi Bitumat to expand presence in Middle East
Parkin intends to float 25% of shares on DFM
Egyptian Exchange’s indices show mixed movements on Tuesday
Tadawul closes Tuesday in green zone
Aramco inks 40 agreements worth $6bn with local suppliers
Mashreq concludes $88m facility deal for Agrobank
GO’s rights issues garner SAR 241m in subscriptions
DFM, ADX collectively rise on Tuesday
Hayi secures funding rounds to expand footprint in UAE
Gas Arabian Services to execute SAR 761m works for Aramco
Telecom Egypt, Huawei launch 1st 50G PON trial in Africa
Qalaa Holdings’ unit settles EGP 1.4bn debt with 3 banks
Arab Moltaqa recrods EGP 221m consolidated profit in 2023; dividends proposed
Cenomi Centers to offer USD-denominated Sukuk
SAPTCO wins SAR 123m contract for public transport project in 3 cities
Multiply reinforces media portfolio via acquisition of BackLite
Emaar The Economic City’s board approves CEO’s contract non-renewal
Amer Group swings to profitability in 2023
Moody's Investors Service affirms credit ratings for 4 major Saudi companies
PayTabs Egypt, Souhoola team up to boost payment solutions portfolio
Burgerizzr eyes 14% of capital as cash dividends for 2023
Binghatti enters Sukuk market with $621m subscriptions
Saudi Arabia’s Tejoury opens regional hub in Dubai
ENOC Group generates over AED 92m from staff’s innovative ideas
Cisco joins forces with du to bolster cybersecurity transformation
e&, Ericsoon complete successful 5G data call test in UAE
NBK-Egypt’s profits exceed EGP 4bn in 2023
EGX’s indices rebound on Monday; market cap surpasses EGP 2trn
Tadawul shows negative performance on Monday
Ayyan Investment, Dallah Healthcare pen share exchange agreement
Pioneers Properties launches 1st phase of EGP 20bn IVOIRE East project
QNB Al Ahli unveils payment date for EGP 1/shr dividends
Enma Alrawabi secures SAR 170m loan from ANB
UAE stock markets close Monday with negative note
Al Akaria pens 5-year agreement for development of Sidrat AlUla project
Mubadala unveils $1bn private credit partnership with Goldman Sachs
Ma’aden’s net profits plummet 83% YoY in 2023
Alinma Bank to issue USD-denominated capital certificates
Mulkia Investment plans to form real estate fund
Union Properties earns AED 500m from land sale
Saudi German Hospital concludes SAR 1bn Sukuk offering
Knowledge Economic City inks hotel management agreements with Hyatt International
Alhokair Group’s CEO resigns; Al Obailan appointed
SABIC Agri-Nutrients’ net profit drop over 63% YoY in 2023
Fawry teams up with LA Market to foster digital transformation
Madinet Masr’s consolidated profits soar 189% YoY in 2023; dividends proposed
Avalon Pharma to start Tadawul trading this week
CBE issues EGP 2.25bn T-bonds on Monday
ADNOC Distribution amends dividends policy
Southern Province Cement anticipates 12.5% higher costs amid increased fuel prices
Amlak International’s net profit drops 67% YoY in 2023
Aman Holding’s revenues cross EGP 4.6bn in 2023
EGX indices plunge on Sunday; market cap closes at EGP 1.97trn
Tadawul shows mixed performance on Sunday
DUBAL Holding logs AED 1.8bn net profit in 2023; eyes more expansion
Saudi Lime inks acquisition deal with Astra Industrial, Tharawat Mining
EBE’s consolidated profits jump to EGP 3.4bn in 2023
City Cement expects 8% cost increase following Aramco’s fuel price hike
Egypt Kuwait Holding logs $218m consolidated net profit in 2023
Kinan delays IPO for trading on Nomu
TMG Holding partners with ADQ, Modon Properties to develop $24bn Ras El-Hekma project
SNB to pay SAR 5.4bn cash dividends for H2-23
Saudi Steel Pipe logs SAR 217m profits in 2023
Banque du Caire anchors MSMEs in Egypt via $50m financing
Al Rajhi Bank’s board eyes SAR 4.6bn dividends for H2-23
CBE auctions T-bills worth EGP 62bn on Sunday
Abu Dhabi-based ADQ to invest $35bn in Egypt’s Ras El-Hekma
Hail Cement sees 50% higher profits in 2023; dividends for Q4 unveiled
Saudi market cap skyrockets 450% as stated at 3rd Saudi Capital Market Forum
Saudi Tadawul Group gears up to take SCMF abroad
Muqassa, Instimatch Global pen MoU to launch Repo trading platform in Saudi Arabia
Tadawul boosts sustainability initiatives through agreement with SALIC