Latest news

Date Title
Riyadh-based Soum raises $18m in Series A round led
Jabal Omar eyes capital hike via debt conversion
Egypt Gas targets EGP 245m profits in 2024
CBE announces T-bills worth EGP 46.5bn on Thursday
IHC’s Palms Sports inks AED 76m government contracts
Egypt’s iSchool boosts global expansion plans via $4.5m funding
Dubai International Chamber expands global network with 92 more businesses in 9M-23
Egypt’s stock market closes Wednesday down
Saudi fintech savings platform Hakbah closes over $5m funding round
Tadawul ends Wednesday’s trading session lower
ADIB, Aldar close AED 1bn sustainable financing
Beltone eyes 51% equity in National Seeds for EGP 140m
DFM, ADX close Wednesday mixed
Tanmiah obtains SAR 450m financing to boost expansion plans
UAE’s Trends raises $1m in funding round
Mubadala Energy boosts gas portfolio with new discovery in Indonesia
Mastercard, MDP partner to launch 1st carbon calculator in Egypt
Bayanat, Yahsat unveil AI-powered JV Space42
Almarai’s board mulls 10% of capital as dividends for 2023
Saudi AI-powered Velents fuels global expansion plans via seed round
Dubai-based Mindware, Netherlands’ Xebia partner to accelerate digital transformation in MEA
EGX closes Tuesday in red zone
Tadawul closes Tuesday with collective gains
UK-based Starz, Mubadala partner for special situations fund
ZIRA expands global presence via new office in Saudi Arabia
UAE, Egypt partner to accelerate development of digital economy
UAE stock markets close Tuesday in green zone
Saudi Tamara secures $340m funding round co-led by PIF’s Sanabil
Aldar, Mubadala, Ares to invest $1bn in European private real estate credit
Smart Grid Conference 2023 launches in Saudi Arabia
stc increases expenditure on local content to SAR 34bn
ACWA Power unveils South Africa's largest hybrid renewable energy project
Egypt’s Chefaa raises $5.25m investment to expand Saudi footprint
Ahli United Bank-Egypt logs EGP 2.77bn consolidated profits in 9M-23
Bayanat, Yahsat to create MENA’s 1st space tech giant at AED 15bn
PIF-owned SRC issues SAR 3.5bn Sukuk
TCI Fund Management expands regionally through UAE office
EGX closes Monday in green zone
Egyptian firm Egytrans to set up SAR 10m business in Saudi Arabia
Saudi stock market closes Monday higher
Yanbu Refinery becomes Aramco’s new facility added to WEF lighthouses network
DFMGI, FADGI close Monday in red zone
Singapore’s Farro Ventures expands into Middle East
Bloomberg, IdealRatings launch Sharia-aligned Sukuk indicator
CBE offers EGP 3.25bn T-bills on Monday
EGX’s indices end Sunday with collective gains
UAE-based ADQ rolls out $1bn platform with Azerbaijan’s AIH; expansion to follow
Region’s AUIEC approves 2024 plan, eyes expansion
TASI closes Sunday in green zone; NomuC falls
United Printing rebrands as E7 Group following ADC merger; listing commences
Watani Iron Steel undergos planned maintenance
Saudi Arabia, Lebanon represent top 3 winners of Arab Youth Hackathon at COP28
Samsung Electronics MENA joins UNDP to launch regional hackathon
Egypt auctions EGP 47.5bn debt instruments on Sunday
Raya Holding to acquire nearly 28% stake in Ostool
EGX approves Orascom Financial Holding’s capital reduction
EGX’s indices close Thursday with varied note
Saudi stock market closes Thursday with varied performance
UAE stock markets close Thursday higher
DATE KSA witnesses Monak e-Services triumph among shortlisted startups
DATE KSA serves as a convergence point – Trescon’s Bharadwaj
DATE AI Show concludes in Saudi Arabia, highlights Kingdom’s commitment to AI
Riyad Bank’s CEO resigns; Al Koraya to succeed
Salik deepens partnership with Careem; free delivery unveiled for Careem Plus members
CBE offers EGP 46.5bn T-bills on Thursday
Tihama’s net losses widen 55%, revenues down 20.5% in H1-23/24; accumulated losses unveiled
Ajman Tourism initiates 2-day roadshow to Egypt
Saudi Tadawul, UAE e&’s subsidiary team up through MoU during COP28
EGX closes Wednesday’s session in green zone
Tadawul closes Wednesday in green zone
Saudi ADES to boost brownfields oil production in Egypt upon deal with EGPC
DFMGI closes Wednesday higher; FADGI declines
FAB’s unit in Egypt inaugurates new Islamic branch
Maridive’s turns to $29m net profits in 9M-23 consolidated results
Property developer View commences trading on Nomu
PureHealth unveils total gross demand value for IPO during subscription process
EGX’s indices close Tuesday with varied note
TASI closes Tuesday higher; NomuC falls
Saudi Aramco invests in Pakistan’s GO via 40% equity acquisition
UAE stock markets close Tuesday in green zone
HyveGeo raises pre-Seed round to boost green plans in GCC
Egypt’s exports hike 19.5% to $52.2bn in 2022
ADX, Abu Dhabi Housing Authority partner to boost digital connectivity
Emirates NBD's unit in Egypt expands footprint via new branch in Al Menoufia
SABIC to distribute SAR 4.8bn dividends for H2-23
EG Bank eyes 21% higher net profits in 2024
GASCO to pay 10% of capital as cash dividends for H2-23
MBC Group announces final IPO price for Tadawul listing
UAE Masdar joins forces with Austria’s OMV to produce green hydrogen
ADIB lists world’s 1st USD-denominated Green Sukuk
Egypt’s annual headline inflation hits 36.4% in November – CAPMAS
EGX closes Monday’s session with decline
Tadawul’s indices close Monday with varied note
Riyadh Cement’s board proposes 7.5% of capital as H2-23 dividends
Rawasi Albina awarded SAR 23m project for SEC
DFMGI closes Monday in red zone; ADX rises
e&’s subsidiary to install EV charges across Nakheel Communities
Standard Chartered’s MENA Credit Outlook forecasts robust performance for Qatar in 2024
Egypt auctions EGP 3bn debt instruments on Monday
Lychee Egypt starts with Saudi Arabia for GCC expansion, raises Beltone’s unit-led investment