Latest news

Date Title
ACWA Power obtains loan from Bank of China to finance Uzbekistan solar project
Egypt's merchandise exports grow over 5% YoY in Q1-24
Automotive aftermarket sales in Saudi Arabia to hit $9.4bn by 2027
Ladun Investment’s board nods for SAR 573m loan from Al Rajhi Bank
DFM, ADX close Tuesday with collective decline
MIS unveils new dividends distribution policy
DXB leads world’s top busiest airports for 10th consecutive year
First Global AI, Global Blockchain shows debut in Dubai
Cairo-based Bold Routes launches 1st regional office in Dubai
solutions pens SAR 140m deal with stc
Lana Medical wins contract at King Faisal medical centre
Alpha Dhabi to sell majority stake in construction unit to ADQ
Al Jouf Cement announces liquidation of affiliate firm
Microsoft invests $1.5bn in UAE’s AI tech firm G42
FRA approves MM Group’s capital hike
Faisal Islamic Bank of Egypt’s standalone profit soars 180% YoY in Q1-24
eXtra posts nearly SAR 94m net profits in Q1-24
CBE unveils EGP 5.5bn bonds on Tuesday
Thermal power to dominate UAE’s energy landscape until 2035 – GlobalData
Green Hydrogen Summit to kick off in Abu Dhabi; Boris Johnson among int’l lineup
2P Perfect Presentation unveils SAR 80m bank facility with SAB
EGX indices surge in 1st post-holiday session; turnover surpasses EGP 4.7bn
2P Perfect Presentation awarded SAR 46m project deal
Ezz Steel swings to consolidated loss in 2023
Tadawul closes Monday’s session in green zone
Three companies propose to participate in New Heliopolis City project
ROSHN Group pens SAR 215m deal with Dar Al Arkan
Eastern Company raises cigarette prices
Qalaa Holdings settles over EGP 13bn in debt with 5 banks
UAE stock markets close 1st trading session after Eid on mixed note
Fitness Time launches new centre in Muzahmia
Saudi Arabia’s annual inflation records 1.6% in March 2024
UAE participates in IMF, WBG 2024 spring meetings
Al Etihad Cooperative’s board proposes dividends for 2023
Egypt increases healthcare budget by 25% for FY25/26
Al Ansari Exchange, CBUAE’s unit collaborate to foster digital payments
Ducab Group unveils plan to expand in 20 new markets
Budget Saudi’s subsidiary seals acquisition deal in UAE
Saudi Fisheries’ CEO Al Desouki resigns
GFH seeks to acquire Ithmaar Holding’s portfolios
CBE unveils EGP 59bn debt instruments on Monday
Knowledge Economic City inks nearly SAR 289m deals with Elkhereiji for Al Alya project
Nadec names new Chairman, Vice Chairman
ADES Holding announces SAR 350m contract award with TotalEnergies in Qatar
Tawuniya’s board recommends SAR 150m dividends for 2023
Saudi Cable unveils 2 key appointments
Following Eid break, Tadawul closes Sunday’s session with varied performance
Saudi Ground Services signs 5-year contract with flynas; value estimated at SAR 2bn
Saudi GIG’s board proposes SAR 1.5/shr dividend for 2023
Al Kathiri Holding’s unit wins SAR 21m project in Saudi capital
Saudi Arabia, Kuwait’s crude oil production rises in March; UAE shows decline
UAE’s global aerospace engineering firm Sanad extends $145m deal with Asiana Airlines
Arab stock markets show varied performance in Ramadan 2024
UAE-based YallaHub unites with Synergetic for sustainable home care, eyes Saudi expansion
Saudi delivery platform Mrsool to boost expansion in Egyptian market with new jobs
Saudi Arabia leads Forbes list of “Most Valuable Banks”
Ras El-Hekma project adds EGP 179bn to Egypt’s treasury
Egypt logs $7.8bn revenues from tourism sector
MODON attracts SAR 14.4bn cumulative investments in 2023
QNB Al Ahli’s consolidated profits exceed EGP 7bn in Q1-24
UAE-Saudi Arabia weekly flights hike 13% during Ramadan
Egypt's balance of payments registers deficit of $409.6m in H1-23/24
El Mansour & El Maghraby lowers stake in Palm Hills for EGP 141.5m
EGX30 gains over 1% on Monday; turnover hits EGP 2.3bn
Thakher Development highlights progress on SAR 26bn Makkah project
Olayan, Lunate acquire equity ownership in ICD Brookfield Place
Saudi civil aviation authority greenlights China Southern Airlines for flight operations
CBE offers two-type T-bonds on Monday
ADX, DFM see AED 1.6bn off-book transactions in Ramadan
SCZON, Türkiye’s Eroğlu sign contract for $40m new denim clothes factory
Oriental Weavers unveils payment date for 2023 dividends
Egypt’s inflation rate down to 33.1% in March – CAPMAS
EIPICO unveils cash dividends
DEWA saves over AED 500m from new digital services approach
Saudi Arabia to feature NEOM project at Hong Kong investor roadshow
Egypt raises minimum wage for private sector by over 71%
EGX shows mixed performance on Sunday
DP World in Sokhna receives new mobile harbour crane
Reef Saudi’s coffee production surges 37% in 4 years
Etihad Airways boosts operations in Middle East via new destination
Red Sea International submits capital raise request to CMA
Gulf banks could benefit from macroeconomic shift in Turkiye – Fitch Ratings
Air Arabia Egypt launches its first flight to Istanbul
Egypt leads Middle East in Forbes fintech ranking with 13 companies
Obeikan Glass names Chairman, Deputy Chairman
CBE auctions EGP 55bn T-bills on Sunday
Banks, EGX to halt business during Eid holiday
Union Coop logs AED 317m profit in 2023
EGX closes Thursday higher
Tadawul closes Thursday’s session higher
CMA approves ACWA Power’s capital hike via bonus shares
DFMGI, FADGI close Thursday in green zone
Egypt’s trade deficit shrinks 37% YoY in January 2024
Turkey-based Arçelik expands footprint in MENA via acquisition deal
Arabian Drilling renegotiates contract with Aramco
Bahrain’s Daleel secures investment from Hambro Perks Spring Studios, Flat6Labs UAE
ADES Holding suspends 5 offshore rigs in Saudi Arabia
Jamjoom Pharma’s board proposes SAR 105m dividends
Egypt buys shipment of liquified natural gas
Almuneef unveils CEO’s resignation, dividends