Latest news

Date Title
Contact reports 306% higher consolidated net income in Q1-25
SIDCS’s Emmdad secures SAR 10m Sharia-compliant loan from Social Development Bank
SaturnX closes $3m funding round to expand in Southeast Asia
CI Capital’s arm launches Egypt’s 1st sustainable equity fund
Egyptians for Investment approves EGP 15m capital increase
CMA approves Nomu listing of 3 companies
Bank NXT fosters Egypt’s digital services via partnership with UiPath, BMB Egypt
Taaleem acquires GCC-focused KFG to expand network
PIF launches ERC to support Expo 2030 Riyadh
Swypex launches Egypt’s 1st approval-based business card to boost financial inclusion
Seera’s board proposes capital cut to SAR 2.7bn
Prices of investment funds including certificates in EGP, USD
NWC completes wastewater networks project in Riyadh for SAR 73m
GTN appoints Jon Lester as Chief Operating Officer for Middle East amidst regional growth
CBE unveils EGP 80bn T-bills end-week
Dubai International Chamber inaugurates 1st representative office in North America
Darwinz AI drives regional growth via seed funding round
EFG Hermes KSA scales offerings via SBL services launch
Al Ashghal Al Moysra awarded SAR 37.5m in government contracts
BAAN, AREIC’s unit pen SAR 436m deal for NEOM project
MIS secures over SAR 86.5m project award from ETEC
Multi Business extends 3-year agreement with stc
Quara Finance obtains SAR 100m Sharia-compliant facility from SHL Finance
UAE’s Prop-AI raises $1.5m in pre-seed funding to expand in MENA
Octa fuels regional expansion plans via $20m credit facility from SFDF
SNB to redeem SAR 4.2bn Tier 1 capital Sukuk
Egypt signs 6 green investments deals with development partners, private sector
Prices of investment funds including certificates in EGP, USD
DMCC, Aqua-index sign MoU for 1st water-backed digital token
Tabreed, Emerge complete solar energy project for UAE’s ministry
CMA approves capital hike of Paper Home, Al Modawat via bonus shares
SNB begins USD-dominated Tier 2 capital notes issuance
National Building extends SAR 135m credit facility deal with Alinma Bank
Sadirat appoints new Chairman, Vice Chairman
Octane raises $5.2m to transform MENA’s fleet payments
DisrupTech backs Nigeria-based agri-fintech Winich’s funding round for MENA expansion
Prices of investment funds including certificates in EGP, USD
Bitcoin.com launches 1st MENA office in Dubai
ePointZero names new CEO to boost global clean energy transition
UK-based NayaOne enters Saudi fintech market
Al Messabi to lead ADNOC Drilling’s growth strategy as new CEO
Qomel inks SAR 31m supply deal with NUPCO
TADCO, SEC ink agreement for power transmission station
BCI names new Chairman, Vice Chairman
EG Bank, Mastercard forge partnership to strengthen digital payment services
Egypt, EU launch EUR 1.8bn EFSD+ mechanism
Asas Makeen pens SAR 240m development agreement with NHC
ProMedEx inks joint deal with Zhende Medical to expand in GCC
Saudi Kayan’s accumulated losses hit 35.5% of capital
Binghatti Holding launches DIFC asset management firm with $1bn target
Prices of investment funds including certificates in EGP, USD
CBE offers EGP 16.5bn T-bonds, floating-rate note on Monday
Time Entertainment to commence trading on Nomu mid-week
Anmat Technology secures nearly SAR 62m in Saudi gov’t deals
Almarai to acquire Pure Beverages in SAR 1bn deal
Abu Dhabi’s hospitality sector attracts AED 611m revenues in March
Madinet Masr, Waheej mull developing JV in Saudi Arabia
East Pipes Integrated’s CEO Al Shaheen resigns
SNB to issue USD-denominated Tier 2 capital notes; UAE-listed lenders participate
AfDB supports Africa’s largest solar energy project via $184m funding
AD Ports, Bahrain’s ASRY join forces to support maritime sector in GCC
Prices of investment funds including certificates in EGP, USD
Agility Global’s unit Tristar inks $255m financing agreement
CBE issues T-bills worth EGP 60bn on Sunday
G42 expands global footprint via G42 Europe & UK subsidiary in London
Kumulus Water expands off-grid water tech in Europe, MENA via $3.5m funding
IHC launches ADGM-based RIQ to redefine global reinsurance landscape
Saudia launches direct flights between Riyadh, Vienna to boost global connectivity
Anmat Technology inks SAR 111.5m contracts with Elm, Saudi government
Asas Makeen to float shares on Nomu next week
DHL Group fuels regional expansion plans via EUR 500m investments
Saudi Steel Pipe announces 3 key appointments
CBE unveils EGP 90bn T-bills on Thursday
Dubai-based regtech Qanooni closes $2m funding round to drive regional expansion
UAE-based Nas hikes stake in Egyfert for nearly EGP 187m
Cleopatra Hospitals Group obtains regulatory nod for capital reduction
Knowledge Net’s board recommends 50% capital raise
Cenomi Centers unveils EGP 100m sale deal
TMG Holding eyes EGP 120bn sales from Sharm Bay project
ADNOC L&S, Borouge join forces to boost UAE’s petrochemicals production
Prices of investment funds including certificates in EGP, USD
Emirates Stallions’ unit partners with SAAS to develop AED 1.6bn project
ADNOC Gas awards $5bn contracts for RGD’s 1st phase
Nettlestone Capital Advisors expands regional footprint via DIFC office
Agility Global secures $500m credit facility deal from regional bank
Abu Dhabi’s property market records AED 6.3bn sales in 4 months
Spinalex shifts to net losses in 9M-24/25
Sharjah Islamic Bank lists $500m Sukuk on Nasdaq Dubai
Prices of investment funds including certificates in EGP, USD
Wipro launches new regional office in Riyadh
Saudi Arabia’s real GDP up 3.4% in Q1-25 – GaStat
Aldar to launch region’s 1st King’s College School Wimbledon in Abu Dhabi
GCC-focused Meedaf launches JV to transform financial landscape in UAE
Emirates NBD, Siemens to finance UAE’s green infrastructure projects
Gulf of America’s oil production to maintain stability in 2026 – EIA
ADFD pumps AED 216.5bn financing in 2024 to support sustainable development worldwide
Jazeera Airways launches 1st direct flight to Budapest
Multiply Group supports global expansion plans via MMG
DP World, Mawani inaugurate SAR 3bn terminal to boost global trade connectivity
Transamerica Life Bermuda launches in DIFC to boost global expansion