Latest news

Date Title
DFM, ADX collectively rise on Wednesday
UAE’s ADIO expands trade operations with Western Australia
EFG Finance obtains FRA’s licence to launch financial services firm for SMEs
Mubadala to back US-based VC Blue Opal Capital’s funds
Beltone Holding’s consolidated profit balloons 3,597% YoY in 2023
Parkin hikes IPO’s shares for DFM listing
Egypt’s B2B healthtech 30Med secures pre-Seed round
Elsewedy Electric logs 87% YoY higher consolidated profit in 2023; dividends ratified
ACWA Power granted EWEC’s nod for Group 1 project
Walaa Cooperative Insurance turns profitable in 2023
Mayar Holding’s Egyptian subsidiary inks EGP 840m contracts
Amiantit pens SAR 174m contracts for subsidiaries
Aramco launches company’s 1st marine fueling station in Saudi Arabia
US’ Cloudflare expands in Middle East through new office in Dubai
Saudi Lime obtains SAR 140m loan from ANB
Nayifat generates nearly SAR 89m profits in 2023
TASI, NomuC end Tuesday in green
EGX shows negative performance on Tuesday
Egypt’s Tourism Development eyes EGP 1.7bn revenues in FY24/25
Moody's affirms ratings of 5 key Egyptian banks; outlook turns positive
FABMISR partners with Drive Finance to foster payment solutions in Egypt
DFM, ADX close Tuesday with varied note
Emirates NBD partners with Emirates to offer payment facilities for Saudi travellers
Metro Brazil expands business in Saudi Arabia to boost e-commerce market
CMA approves Nomu listing of Al Hokail, ANB’s capital raise
Cenomi Centers concludes $100m sukuk private placement
NCTH to acquire 3 units of Alpha Dhabi’s businesses; financials unveiled
Taqadum International appoints financial advisor to oversee transition to main market
DP World expands global freight forwarding network
UAE’s Al Ansari Financial Services witnesses surge in remittance to Egypt post pound devaluation
Clara, VMS ink deal at LEAP 2024 to empower MENA’s startups
SISCO’s net profit surges 94% YoY in 2023; dividends approved
EIC’s board nods to SAR 84m dividends for H2-23
ElSaeed Contracting awards tender for EGP 412m project in Qena
IL Cazar launches The Crest upon collaboration with Emirati UDC, EGP 30bn investment
Tadawul shows mixed performance on Monday
EIC’s net profits exceed SAR 201m in 2023
EGX closes Monday with varied performance; main index rises
Domty logs EGP 454.5m consolidated profits in 2023; dividends unveiled
Saudi B2B fintech Rakeez Capital raises $2m funding round
Investopia 2024 propels UAE-South Korea ties with 2 new MoUs
Mopco’s shareholders greenlight cash dividends for 2023
Ejaro, Tawuniya join forces to reshape Saudi car rental market
UAE stock markets close Monday in red zone
CIB announces new monthly purchasing limits for foreign currency credit cards
Emirates Development Bank, KLAIM pen MoU to support healthcare providers
Misr Chemical Industries announces capital increase
TAWAL unveils new technology for private 5G network at LEAP 2024
CI Capital’s consolidated net profit exceeds EGP 1bn in 2023
CBE offers EGP 4.75bn debt instruments on Monday
Sidpec’s OGM passes dividends, bonus shares for 2023
Aramex bolsters regional business via HQ in Riyadh
First Mills’ net profit edges higher 1% YoY in 2023; dividends date released
Orascom Development Egypt sees 63.5% higher profits in 2023
BinDawood Holding logs over 120% YoY higher profit in 2023
GASCO’s net profit rises 6% YoY in 2023
Eastern Province Cement’s board nods to SAR 86m dividends
Investcorp Capital seals $800m credit facility deal
Eastern Province Cement’s net profit leaps 39% YoY in 2023
Saudi Kayan Petrochemical’s accumulated loss surpasses SAR 3bn in February
EGX closes Sunday’s trading session higher
Arabian Cement’s net profit drops 23% YoY in 2023; dividends recommended
Egypt’s dKilo raises $3.2m funding at LEAP 2024
Tadawul’s key indices show varied performance on Sunday
Emirates NBD-Egypt’s profits hike 174% in 2023
Saudi PIF’s Ceer to develop SAR 5bn EV manufacturing facility
Arab Developers swings to consolidated profitability in 2023
Theeb Rent a Car unveils 2 key appointments
GFH leads Cenomi Centers’ $500m sukuk offering
Jarir to distribute SAR 276m cash dividends for Q4-23
Arriyadh Development’s net profit shrinks 10% YoY in 2023
Raya Holding’s consolidated profit hits EGP 564m in 2023
Abu Dhabi National Hotels eyes AED 100m gains from stake acquisition deal
Kuwait’s stc deploys new 5G wireless service in Middle East
Elm’s consolidated profit jumps 46% YoY in 2023; dividends ratified
Saudi Tadawul Group logs 8% lower profits in 2023; dividends recommended
Saudi Chemical logs 128% YoY higher profits in 2023
Honeywell becomes 1st gas detector manufacturer in Made in Saudi initiative
Masdar partners with UAE’s government to develop multi-solar plants
Aramco’s net profit plunges 25% YoY in 2023; dividends approved
Egypt’s central bank issues EGP 50bn T-bills on Sunday
Saudi Home Loans posts 97.5% lower net profits in 2023
stc, US-based nile announce JV to boost NaaS service at LEAP 2024
TAQA Volt joins Wadi Degla Developments to install EV charging stations
Al Ahly Sabbour Developments considers EGP 450m in loans for 2024 – Chairman
FAB forges extensive global partnership with Mastercard
PIF, Mumtalakat Holding signs MoU to explore investments in Bahrain
Saudi Crown Prince reveals transfer of 8% equity in Aramco to PIF
Foreigners lead EGX to end Thursday in green
Tadawul closes Thursday with varied performance
Elm pens 3 MoUs at LEAP 2024 to boost tourism, healthcare in Saudi Arabia
GMPC’s shareholders approve AED 70m dividends for 2023
Chemanol’s board appoints new CEO
Egypt auctions T-bills worth EGP 60bn on Thursday
DFM loses 11 pts on Thursday; ADX edges slightly higher
eXtra’s board nods to SAR 160m dividends for H2-23
Riyadh Cables’ net profit jumps 47% YoY in 2023; dividends recommended
Tawuniya’s net profit jumps 104% YoY in 2023
Alandalus Property’s net profit plummets 45% YoY in 2023; board ratifies dividends
Marafiq posts 38% YoY net profit plunge in 2023; dividends proposed