Latest news

Date Title
Spinneys unveils price range for IPO on DFM, expansion plans
Zahraa Maadi obtains regulatory nod for authorised, issued capital increase
Egypt, Fujairah discuss building oil products free zone
CI Capital to distribute dividends for 2023 upon Banque Misr’s proposal
EGX’s indices close Monday in red; turnover surpasses EGP 3bn
Elsewedy Electric’s shareholders nod for EGP 30m capital cut, over EGP 1bn dividends
National Forum for SMEs to kick off tomorrow in Dubai
UAE stock markets close lower on Monday
TASI edges lower over 9 pts on Monday; NomuC dips 1.3%
Aramco eyes equity acquisition in Chinese Hengli’s petrochemical firm
NMC wins SAR 381m contract for medical services
British Airways resumes flights to Abu Dhabi
Egypt seeks 4.2% economic growth in FY24/25 – El-Said
Egyptian gov’t buys 200,000 tonnes of raw sugar
Fitness Time anchors expansion plans via new centre in Al Taif
Egypt-based Waffarha raises funding round from Saudi venture
ROSHN Group inks MoU with Cisco for IoT technology
Fitness Prime anchors expansion plans via unit in Saudi Arabia
ADCB’s brand value hits AED 10.5bn in 2023
Empower connects Al Wasl Tower to its district cooling network
Misr Beni Suef Cement to pay EGP 260m in dispute settlement
Cleopatra Hospitals Group’s shareholders approve EGP 56m dividends
NMC’s board proposes SAR 90m dividends for 2023
PIF, stc to form region’s largest telecom tower company
CBE issues two-type T-bonds on Monday
EGX’s indices close Sunday higher
Suez Canal Technology delivers growth in H1-23/24 financial results
Tadawul closes Sunday’s session in green zone
Amlak International renews SAR 864.5m loan deal with SAIB
Nayifat’s CEO resigns; Al Mufarrej succeeds
Palm Hills Developments in talks with 3 banks for EGP 1.7bn loan
Emirates Islamic debuts $500m financing facility
Obour Land to distribute EGP 0.94/shr dividends in May
Herfy’s CEO Bader resigns
Volar Aerospace, UAE’s Inovartic cooperate for electric aircraft production
Saudi Azm to transfer shares to main market
B Investments completes acquisition of Orascom Financial Holding
Egyptian gov’t cuts cooking oil price by 36%
TADCO pens MoU to build greenhouses in Tabuk
UK’s SDX Energy announces plan to exit Egypt
RAYA CX names El-Khishen as new CEO
du to showcase innovative cybersecurity solutions at GISEC 2024
Chinses companies ink 14 agreements to launch projects in Egypt
Batic Investments inks 10-year deal with solutions
XCube launches UAE’s 1st fully automated SLB service for retail investors
IMF revises up Saudi Arabia’s 2025 growth forecasts to 6%
CBE unveils T-bills worth EGP 55bn on Sunday
Almarai’s net profits rise 9% in Q1-24 interim results
ACWA Power, IRENA join forces to boost global renewable energy transformation
Al Etihad Cooperative obtains regulatory nod for SAR 50m capital hike
Yansab appoints Al Solami as CEO; Bazaid nominated for SABIC role
Watheeq Capital unveils offering price for Qomel
Ayyan Investment’s loss widens 384% YoY in 2023; accumulated loss records SAR 258m
Jarir Bookstores’ estimated profit plummets over 11% YoY in Q1-24
Tadawul unveils SSOs contracts on Ma'aden
Egyptian Exchange’s indices plunge on Thursday; turnover hits over EGP 7bn
E7 Group fuels growth in MEA region with new agreements
Dubai Investments announces 12.5% cash dividends for 2023
Tadawul’s benchmark index inches up 0.29% at Thursday’s close
Cleopatra Hospitals, Fawaz Al Hokair’s unit partner to support healthcare in Saudi Arabia
ADNIC acquires 51% shareholding in Allianz Saudi Fransi
DFM, ADX collectively rise on Thursday
TADCO inks MoU with NEOM's food company
Sure Global Tech signs SAR 94m contract to develop electronic platform
DEWA, ACWA Power reach financial close of AED 3.4bn desalination project
areeba, Mastercard anchor payment infrastructure in MENA
Madinet Masr to start dividends payment in May 2024
Saudi Enaya submits capital hike request to CMA
NBQ logs AED 176m net profit in Q1-24
Alkhorayef Water wins SAR 1.7bn contract for sewage treatment plants
Aman reports accumulates losses in Q4-23; annual financials unveiled
National Bank of Egypt’s subsidiary considers launching gold fund
Thimar creates new subsidiary to expand business
Egypt announces Sinai Liberation Day paid holiday for public sector
Fortis raises $20m Series A round to boost fintech in MENA
Egypt’s Potcast Productions mulls regional expansion after early financing round
Alkhabeer Capital unveils nearly SAR 92.5m annual dividends for fund after H2-23 payout
eXtra’s subsidiary to offer 30% of capital for Tadawul’s subscription
Edarat Communication’s EGM approves 100% new capital hike
Masdar, EGA team up to foster aluminium decarbonisation
Tadawul closes Wednesday’s session mixed
EGX’s indices close Wednesday in green zone
National Building renews SAR 85m loan deal with Alinma Bank
Arada awards AED 615m contracts for Masaar development project
Saudi Penny Software eyes global expansion via funding round
Egypt to auction additional T-bills worth EGP 50bn
UAE stock markets show negative performance on Wednesday
Web3 provider U-topia secures funding round from GDA Capital
Medad Holding, Templeton International to deploy new UAE-based yieldcoin assets
E6 joins forces with Loop to boost financial inclusion in Saudi Arabia
Takaful to pay 30% of capital as cash dividends
Beltone’s unit, UAE-based Citadel International back startups via $30m fund
Saudi Cable names new CEO, Managing Director
ZeTa-Investment acquires 3.5% equity in Mansoura Poultry
Abu Dhabi Aviation unveils cash dividends for 2023
Zoujaj says new production line project costs over SAR 46.5m
SAIC’s net profit balloons 393% YoY in Q1-24
Egyptian Exchange’s indices end Tuesday with mixed trends
du, Expereo to deliver secure global smart network connectivity in UAE
Tadawul’s indices tumble on Tuesday; TASI loses 208 pts