Latest news

Date Title
Rawasi Albina seals joint deal with TAWAL
China’s COSCO Shipping Ports reportedly to invest $375m in Egypt
Alwasail eyes transferring shares to main market
Emirates NBD, Citi roll out 24/7 USD Clearing service in Middle East
Multiply Group’s Omorfia acquires TGCH to expand in MENA
Egypt's i'SUPPLY raises $2.5m pre-Series A round
DP World allocates $80m to develop logistics area in Sokhna
Egyptian Exchange introduces new Shariah-compliant index
Saudi government raises SAR 42.1bn in Aramco’s 2nd IPO
Al Jaber announced Chairman of Presight
Al Taiseer, Rasan to begin trading on Tadawul end-week
Etoile Group opens 11 new stores in GCC
Polynome to launch $100m AI startups fund in UAE
SODIC inks deal With Marriott International for two Egypt hotels
CEO of Invest Bank resigns
CBE auctions T-bills, T-bonds on Wednesday
UAE Cabinet passes new housing decisions for citizens at AED 1.6bn
Ithmaar Holding appoints new CEO
Saudi agencies start process for Empty Quarter Port power plant
GB Corp’s ITAMCO, Helwan Company partner to produce Qute vehicle
TASI closes Tuesday’s session down; NomuC up
EGX closes Tuesday’s trading session up
SMASCO to commence trading on Tadawul this week
DFM, ADX end Tuesday in green
Saudi edtech Tahdir secures 1st funding round
Egypt establishes company to produce 1m tonnes of phosphate annually
Budget Saudi, SAMACO Automotive to expand auto industry
Naseej for Technology rolls out SAR 16m agreement
Arab Cotton Ginning’s standalone profit grows 142% YoY in 9M-23/24
Dubai-based Tenderd raises $30m funding co-led by Aramco's VC arm
Orascom Investment Holding’s standalone profit soars 784% YoY in Q1-24
Takaful Emarat mulls capital hike to boost operations
Qassim Cement’s shareholders pass capital raise to fully acquire Hail Cement
Egypt supports exporters with EGP 5bn – Maait
Egypt’s Sahl closes $6m fundraising to expand into Saudi market
Henkel Egypt renews partnership with ITIDA to support IT exports
PIF’s ROSHN Group pens MoU with four major saudii banks
ADGM’s FSRA, Bermuda Monetary Authority ink digital assets MoU
Thimar enters into real estate investment
E7 Group injects AED 182m investment in security solutions
Attal Properties, Arab Contractors launch EGP 25bn development project
ADNOC Drilling’s Enersol buys stake in Gordon Technologies for $270m
The Sovereign Fund of Egypt reportedly acquires 20% stake in Care Pharmacies
ACWA Power backs growth plans via capital increase
Majid Al Futtaim refreshes Mall of Egypt brand to boost experiences
IsDB pens $150m funding agreement for Tajikistan’s Rogun power plant
Tadawul shows varied performance on Monday
EGX closes Monday in green zone
Aman Holding closes EGP 1bn securitisation bonds issuance
B Investments’ shareholders greenlight dividends for 2023
UAE stock markets see mixed performance on Monday
Act Financial obtains FRA’s nod for EGX listing
Gadwa’s consolidated profit soars 187% YoY in Q1-24
Naseej for Technology unveils SAR 17m deal with Saudi government
Pioneers Properties’ consolidated profit skyrockets 1,051% YoY in Q1-24
Tatweer purchases industrial plot for SAR 750m
Yahsat partners with Airbus to build $1.1bn new satellites
Egypt’s annual headline inflation eases to 27.4% in May
EU anchors Egypt’s FDI via EUR 1.8bn guarantees
Qalaa Holdings secures $17.5m in 1st phase of debt sale
Stake raises $14m Series A funding co-led by Aramco-run Wa’ed Ventures
Chery Auto brands open warehouse in Saudi Arabia’s Dammam
CBE announces debt instruments on Monday
Expo Centre Sharjah partners with MIE to launch major EV show
Academy of Learning pens joint deal with Bnyan Training
Nokia’s manufacturer plans to produce 4m phones in Egypt annually
FABMISR, Cayesh team up to reshape fintech finance in Egypt
Saudi Arabia’s real GDP shrinks 1.7% in Q1-24
GCC dominates Forbes Middle East’s 2024 top 100 listed companies list
EGX’s indices flag in red on Sunday
Tadawul closes Sunday’s trading session higher
Alexandria Container’s EGM approves capital raise
EdVentures, Mastercard Foundation launch edtech fellowship in Egypt
El Ebour announces project contracts in Saudi Arabia, UAE
Madinet Masr, CIRA Education introduce Project Kayan in Taj City
GO unveils Q1-24 dividends, financials
EgyptAir to launch new flights to Alamien City, 3 African destinations
MIS rolls out joint deal with Microsoft Arabia
Sumou Real Estate’s shareholders nod for capital increase
Tibbiyah announces SAR 24m contract award with NUPCO
Electro Cable Egypt’s consolidated profit leaps to EGP 535m in Q1-24
Juhayna Food Industries inks EGP 450m credit facility with HSBC
TMG Holding achieves EGP 122bn sales in 5M-24
Mouwasat, Aldawaa Medical Services establish medical firm
Takaful - ASCANA Insurance unveils rebranding
Tabreed cuts carbon emissions by 1.5m tonnes in 2023
Fitness Time to disburse SAR 51m dividends for Q1-24
Al Ahly FC names UAE’s Palms Sports official operator of mega sports complex
CBE offers T-bills worth EGP 55bn on Sunday
Elevate fuels expansion plans via $5m funding round
Majid Al Futtaim partners with Checkout.com to enhance experience of 15m customers
Riyadh Air, EgyptAir ink strategic MoU to offer greater benefits to travellers
Egypt to receive $820m from IMF after 3rd loan programme review
Thobe Al Aseel’s CEO resigns; Al Maleh succeeds
TASI inches higher on Thursday; NomuC grows 1.2%
Aqaseem Factory’s board mulls cash dividends for 2023
Egyptian Exchange sees negative performance on Thursday
Arab Sea announces SAR 59m purchase deal
SISCO Holding’s unit wins SAR 33m contract in Trojena Dam project
Egypt's agricultural exports increase $500m in 5M-24