Latest news

Date Title
Flawless closes $1.5m pre-seed funding to expand business
ADGM-based Ruya Partners secures $55m for fiber production plant in Saudi Arabia
Burjeel Holdings take over PhysioTrio Physiotherapy Center in Riyadh
BII signs $300m deals to accelerate Egypt’s green projects
Ninja closes $250m funding, plans IPO on Tadawul by 2027
Oriental Weavers launches world’s 1st phygital carpet retail store in Egypt
Etihad Airways expands global network with 3 new destinations
PetroApp closes $50m fund round to accelerate global expansion; IPO plans unveiled
Cityscape Global 2025 to launch in Riyadh in November
Saudi PIF tops GCC funds on Global SWF assessment
KAPSARC launches 1st brand refresh since 2016
Arabian Drilling unveils 4-rig contract extensions with Aramco for SAR 1.3bn
Crédit Agricole Egypt Foundation drives sustainable development via new brand identity
Riyad Bank’s Riyad Capital moves forward with IPO plan
Prices of investment funds including certificates in EGP, USD
WSM secures SAR 5m facility from Emirates NBD
Modon Holding launches Wadeem residential project on Hudayriyat Island
Jamjoom Pharma appoints new Chairman, Vice Chairman
CMA greenlights Nomu listing, IPOs of 3 companies
Aldar acquires ALMARKAZ logistics assets from Waha Capital for AED 530m
Ericsson launches new regional HQ in Riyadh
Umm Al Qura signs tripartite deal for SAR 1.4bn real estate fund
NWC to implement 23 projects in Madinah at SAR 814m
SAB intends to issue SAR-denominated Tier 1 Sukuk
Prices of investment funds including certificates in EGP, USD
Dubai-based Autoworld invests AED 45m in Jafza facility to drive regional growth
ADNOC Drilling wins $800m contract award for oilfield services
Zain KSA, Horizon Food name new CEOs
Saudi Arabia’s net FDI inflows hike 44% in Q1-25 – GaStat
Egypt’s GDP growth rate accelerates to 3-year high
Multiply Group sells PAL Cooling Holding to Tabreed, CVC DIF for AED 3.8bn
Al Ansari Exchange launches digital issuance for prepaid cards
CBE offers EGP 75bn debt instruments on Monday
Prices of investment funds including certificates in EGP
solutions pens over SAR 157.5m deal with stc for IT infrastructure project
Umm Al Qura sells land plot in Masar project for SAR 256m
Nayifat Finance unveils SAR 0.33/shr dividends for Q4-24, Q1-25
SAIC unveils 2 key appointments
Valu closes 16th securitized bond issuance at EGP 859m
Air Arabia, Saudia announce new routes in Russia
CBE unveils EGP 80bn T-bills, floating-rate note on Sunday
Italy’s Pronur enters Saudi Arabia to boost energy sector
Madinet Masr’s investment platform SAFE attracts EGP 300m since launch
Sakan Developments launches EGP 4.8bn Park-U project in El Shorouk City
UAE, China launch Qingdao Overseas Integrated Service Centre
Saudi Exchange unveils amendments for securities to enhance market efficiency
CMA greenlights Cherry Trading’s IPO on Tadawul
Contact joins forces with noon to bolster digital payment services
Deloitte Middle East, AWS unveil $1bn expansion plans to boost digital transformation
EFG Hermes leads Specialized Medical Company’s debut on Tadawul
ADQ mulls 35% stake in France’s Limagrain Vegetable Seeds
AI-powered idea-L secures $1m oversubscribed pre-seed to expands business in Middle East
Tesla inaugurates 1st center in Saudi Arabia amid increasing demand for EVs
SISCO Holding’s RSGT to operate 4 multi-purpose terminals in Red Sea
Sipchem unveils SAR 362.5m cash dividends for H1-25
MNT-Halan’s Tasaheel concludes Egypt’s 1st SME-focused issuance at EGP 4.7bn
Dubai Investments expands AED 2.2bn Mirdif Hills with Asayel Avenue launch
Fakeeh Care secures SAR 938m loan from Alinma Bank for expansion plans
Etihad Credit Insurance raises AED 174m for SME growth; listed banks partake
Mashreq Bank inaugurates office in Turkey to expand global presence
Related secures $8m investment from Saudi Equivator to fuel MENA expansion
Altery scales financial services in MENA via DFSA license
City Cement appoints new Chairman, Vice Chairman
CMA approves Nomu listing of 2 Saudi firms
Aldar upgraded to ‘A’ rating in MSCI ESG Rating assessment
Lumi opens 1st B2B bus rental branch in Tabuk
Saudi Cement to distribute 10% of capital as dividends for H1-25
TADCO submits 53% capital reduction request to CMA
Dar Al Arkan to issue USD fixed-rate senior Sukuk
Burjeel Holdings supports regional growth via AED 170m acquisition deal
GASCO to pay over SAR 86m dividends for H1-25
EFG Hermes concludes advisory on Valu’s EGX listing
Gas Arabian forms JV with Italy-based BONOMI
Jadwa acquires majority stake in Saudi retailer Makhazen Alenaya
Prices of investment funds including certificates in EGP
Specialized Medical Company to start trading on Tadawul this week
Asas Makeen, Kuwait’s Securities House to boost Saudi Arabia’s real estate sector
2P Perfect Presentation signs SAR 87m deal with Saudi gov’t
Armah rolls out SAR 244m deal with Banan Real Estate’s subsidiary
PIF launches CP program to boost funding sources; ‘P-1’ rating granted by Moody's
Gulf General announces key appointments
Suez Canal Technology’s shareholders greenlight EGP 11/shr dividends
Prices of investment funds including certificates in EGP, USD
Aman Holding closes EGP 665.5m securitization issuance
CBE offers EGP 28.5bn in debt instruments on Monday
Saudia expands regional footprint via flights to El-Alamein, Salalah
Paragon Developments launches office in Riyadh to expand regional footprint across MENA
Burjeel Holdings’ Alkalma launches regional mental health platform
UK-based Axia Media expands global footprint via Dubai office
Union Insurance reduces capital by 30.5% to offset accumulated losses
Amazon to acquire direct stake in Valu following deal with EFG Holding
Al Hammadi Holding, Cenomi Centers unveil new board leadership
Arabia Insurance, United Cooperative Assurance ink MoU to explore potential merger
First Milling inks SAR 69.5m financing deal with SIDF
Aldar registers AED 3.4bn in Fahid Island sales during launch week
Beltone Leasing secures $20m for MSMEs, green financing in MENA
Prices of investment funds including certificates in EGP, USD
Serco extends AED 495m deal with Dubai Airports
CBE unveils EGP 90bn T-bills on Sunday
FAB becomes MENA’s 1st lender to join CIPS as direct participant