Latest news

Date Title
Arabian Pipes swings to profitability in 2023
Fawry Dahab, PayMe to facilitate Egyptian expatriates transactions worldwide
Seera Group sells Uber’s stake for SAR 380m
Yahsat unveils $110.5m profits to owners in 2023, dividends
ADES Holding sees 13.5% higher profits in 2023
LEAP 2024 provides exceptional platform for Deloitte – Bashir
Saudi Najm partakes in LEAP 2024 conference
Gadwa records EGP 1.4bn consolidated net profit in 2023
GSK Egypt’s consolidated profits plunge to EGP 60m in 2023; dividends approved
Tadawul shows negative performance on Monday
EGX’s indices soar collectively on Monday
Pioneers Properties turns to consolidated profitability in 2023
Faisal Islamic Bank of Egypt records 7% YoY lower consolidated profit in 2023
Edita logs EGP 1.6bn consolidated net profit in 2023; dividends proposed
AWS to launch infrastructure region in Saudi Arabia
Misr Cement’s consolidated profit rises 12% YoY in 2023
stc launches tali ventures to back innovative startups
Panda’s consolidated profits nearly quadruple to over EGP 122m in 2023
LEAP 2024 kicks off in Saudi Arabia with over 172,000 attendees
UAE stock markets show mixed performance on Monday
Saudi Re pens agreement to sell GBP 120m stake in Probitas Holdings
Scientific & Medical Equipment rolls out SAR 75m project award
Cenomi Retail expands in Uzbekistan with 8 brands
Al Rajhi Bank to issue USD-denominated sukuk
Flyby partners with Terra to advance last-mile delivery sector
ADQ reportedly mulls IPO for Etihad Airways
Telecom Egypt’s consolidated profits leap to EGP 11.4bn in 2023
Red Sea International secures SAR 196m facility from SAB
Sipchem generates SAR 1.1bn profits in 2023
CBE auctions T-bonds, floating-rate note on Monday
CAI Concierge AI enters Dubai market, secures funding round
SAL logs nearly SAR 510m profits in 2023; dividends unveiled
Madinet Masr offers to develop 3 lands with Heliopolis Company
Al Akaria’s profits shrink 39% in 2023; accumulated losses unveiled
Tadawul shows varied performance on Sunday
EGX closes week’s 1st session with mixed performance
GB Corp’s consolidated profit tumbles 83% YoY in 2023
Bank of Sharjah leads $750m bond issuance
Borouge opens new offices in Kenya, South Korea to widen global footprint
ADNOC acquires 25% equity ownership in global energy group OMV
Beltone Leasing pens EGP 925m factoring deal for Redcon Properties
NCLE unveils 2 key appointments
EFIC’s consolidated profit dips to EGP 700m in 2023
Emaar Misr records EGP 6.8bn consolidated profit in 2023
Saudi Aramco completes acquisition of Chile’s Esmax
TMG Holding’s ICON finalises acquisition of 7 historic hotels in Egypt
ADIB to pay AED 2.5bn cash dividends for 2023
Egypt Aluminum targets over EGP 4bn profits in FY24/25
Zain KSA’s profits leap 130.5% in 2023; dividends proposed
Cenomi Centers completes $500m sukuk issuance
Agthia raises stake in Egypt-based Auf Group to 70%
Gas Arabian Services inks SAR 598m contracts with Saudi Power Procurement
Suez Canal Bank registers higher profits in 2023, capital hike proposal
ADIB Egypt withdraws acquisition offer of Cairo National for Investment
B Investments’ board nods to $3m investments into Basata
e& bolsters connectivity in 16 countries via $6bn investments
CBE issues T-bills worth EGP 50bn on Sunday
Bawan’s profits exceed SAR 136m in 2023; dividends for H2-23 proposed
FAB’s unit in Egypt records 131% leap in 2023 profits
Umm Al Qura Cement’s net profit plummets 83% YoY in 2023; dividends paused
Eastern Province Cement inks $270.5m contract with China’s Sinoma CDI
Saudi Sumou, Egypt’s Hassan Allam pen development agreement
Egyptian Exchange’s indices end Thursday in green
Tadawul ends Thursday’s trading session higher
Riyadh Air partners with Adobe to enhance AI-backed travel experience
Electro Cable Egypt logs EGP 1.24bn consolidated net profit in 2023
Ataqa registers EGP 735m net profit in 2023
DFM, ADX close Thursday with varied note
Arabian Cement’s consolidated net profit records over EGP 697m in 2023
UAE’s COTU Ventures launches $54m fund to back early-stage startups
ElSaeed Contracting reports EGP 119m consolidated net profit in 2023; dividends proposed
EIPICO’s consolidated profit hits EGP 823m in 2023
Abu Dhabi National Hotels unveils dividends, bonus shares for 2023
Al Rajhi Takaful’s net profit soars 353% YoY in 2023
ACWA Power announces 2023 financials, dividends; capital raise, SAR 3.4bn project unveiled
Alinma Bank issues $1bn tier 1 capital certificates
e-finance logs 56% YoY higher consolidated profit in 2023; dividends ratified
Naeem Holding’s accumulated losses near 28% of capital
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