Latest news

Date Title
Dubai Taxi announces strategy until 2029, eyes untapped markets in region
Kuwait imposes 15% tax on multinational entities as of 2025
General Motors Middle East contributes to reducing carbon emissions on back of MEDC solar projects
NBK’s Weyay Bank unveils service to boost cross-border payments within GCC
Saudi market has continued to benefit from strong non-oil sector – Report
FESPA Middle East’s 2nd edition to take place in January; Egyptian BUC’s official partakes
IPS Congress 2025 to kick off in April for local, international investors
Egypt will have access to about $1.2bn upon executive board’s approval – IMF
Mohammed Bin Rashid Housing Establishment partners with Wasl for sustainable housing sector
Beltone’s board nods for EGP 10.75bn additional capital raise; double authorised capital
Savoye Middle East unveils 2025 plans for AI implementation amid $1.6bn market estimates
Sustainability Forum Middle East announces GIB as Partner for 2025 edition
Mastercard joins B2B platform Boost to drive growth of FMCG businesses
SABIC Agri-Nutrients announces SAR 1.4bn dividends for H2-24
GCC-focused The Family Office enters Kuwait to boost investors’ wealth growth
Knowledge Economic City to execute electromechanical works for Hilton Tower
Mouwasat’s board proposes SAR 400m dividends for 2024
Indialand Group’s Founder plans to double commercial assets portfolio in Dubai
First Mills to boost production capacity via SAR 123m new flour unit
ENOC, DMCC to establish JLT’s first-ever service station
Agility Global secures $1.4bn new credit facility
Banque Saudi Fransi’s shareholders approve 107.5% capital hike
Masdar, Endesa to bolster Spain’s renewable energy via stake acquisition deal
Al Madinah Ventures backs Saudi startups with $10m fund
Beltone VC’s CEO included in Forbes Middle East’s Top Venture Capitalists of 2024
Sheikh Tahnoon bin Zayed emphasises ADQ’s pivotal role in supporting regional prosperity
Banan Real Estate, subsidiary to acquire stake in Qimam Nashaz
Wall Street Exchange, TerraPay collaborate to advance cross-border payments
PIF-owned SRC to acquire SAR 1bn mortgage portfolio from Bidaya Finance
Knowledge Economic City inks joint deal for SAR 1bn mixed-use development project
Arabian Construction backs GCC’s operations via EGP 2.5bn loan from Emirates NBD-Egypt
Snowflake launches HQ in Saudi Arabia to expand regional presence
SABIC to disburse SAR 5.1bn dividends for H2-24
Riyadh Cables’ strong backlog in 9M-24 provides revenue visibility for near term – Aljazira Capital
Al Seer Marine receives 2 modern MR tankers; investments cross AED 1.4bn
Union Properties breaks ground on AED 2bn Takaya project
Bahri’s JV launches Yanbu Grain Handling Terminal
CBE issues EGP 4bn debt instruments on Monday
FLOOSS teams up with Bahrain Channels to offer seamless financing services
NBK sponsors Bloom Market to promote sustainability within Kuwaiti community
Fastex boosts Web3 future in MENA region, beyond
Ericsson to deploy ATEX-certified solution on Ooredoo Qatar’s offshore site
Multi Business Group to refurbish Naif Arab University’s AI centre
Siemens Healthineers enhances global distribution via acquisition deal in Egypt
ADNOC L&S boosts regional expansion via 20 offshore assets in 2024
United Mining Industries pens deal with RCJY to anchor expansion plans
Modon Holding enters Europe’s real estate market via acquisition deal
Masdar fully acquires Saeta to reinforce footprint in Iberian Peninsula
SVC invests in Raed Ventures to foster MENA’s tech startups
Global digital operator VEON moves HQ to Dubai
Hikma acquires portfolio of Takeda brands for MENA region
CBE offers EGP 55bn T-bills on Sunday
MENA-focused Paymob strengthens Apple Pay service in Egypt
ACWA Power eyes SAR 7.1bn capital hike
DP World boosts maritime in Senegal via $1.2bn port
Bawan rolls out SAR 832m supply deal with Aramco
Makkah Construction obtains regulatory nod for SAR 352m capital raise
Beltone’s unit inks EGP 350m agreement with SEKEM Group
Riyadh-based OmniOps raises $8m to promote AI infrastructure offerings
Aqua Development joins ADQ for shrimp farming facility, plans regional expansion
Infobip boosts existing MENA presence with platform in Qatar
UAE explores with China ways to enhance economic, investment relations in various sectors
GCC airport market seen to grow at 9.5% CAGR during 2024 to 2032 – Abra
Canadian ROSA eSolutions enters UAE, aims to drive customer engagement in Middle East
Two UAE-listed banks close GBP 140m financing for London-based asset
Wizz Air Abu Dhabi enhances global travel experience with new route to Romania
AD Ports, Hassan Allam to develop 1st internationally operated port terminal in Upper Egypt
FAAD Capital announces 1st global expansion via Dubai launch
Egypt Economic Summit’s 4th edition to kick off in January 2025
Al Rajhi Bank unveils partnership to enhance travel experiences globally
IHG Hotels unveils 1st voco hotel in Jeddah; property to attract business, leisure travellers
Sorouh, Hilton to bring Waldorf Astoria’s iconic hospitality to region – Alshaya
Global M&A market rebounds with 15% surge in 2024; Middle East spearheads with 88% jump – Report
SAL backs Saudi Arabia’s logistics sector via strategic partnerships
Emirates NBD launches $500m sustainability bond on Nasdaq Dubai
Retal seals SAR 349m development agreement
Yaqeen Capital mulls 70% capital hike
Majid Al Futtaim to expand Supeco’s network in Egypt; new store inaugurated
Riyadh Development rolls out SAR 3.5bn agreement
CMA nods to Nomu listing, IPO of 3 companies
Red Sea International obtains SAR 392m loan from Riyadh Bank
SVC backs tech companies across GCC via investment in MEVP’s $150m fund
Klickl secures $25m funding to expand in MENA
7X teams up with SC Ventures to empower SMEs in MENA
ADNOC Drilling closes Turnwell JV with SLB, Patterson-UTI
DMCC Crypto Centre launches Metaverse with global market likely to cross $3.1trn by 2030
Revibe secures $7m investment to cement position in MENA’s refurbished tech sector
Leading UAE banks, international entities among arrangers for VakıfBank’s $870m equivalent facilities
Tourism would remain bright spot for region’s economies; consumer spending in Saudi Arabia seen 4.5% higher in 2025 – Report
Saudi Entertainment Ventures of PIF-owned Qiddiya reveals SAR 1.3bn project for world-class services
Elm partakes in Supply Chain and Logistics Conference 2024
Grandweld Shipyards becomes Middle East’s 1st shipbuilding firm using solar energy to meet sustainability requirements
PIF’s New Murabba launches programme for young Saudi talent
PIF-owned Diriyah unveils SAR 758.5m contract to Chinese firm for global project
Dar Global, Trump Organization launch SAR 2bn tower in Jeddah
MM Group launches 1st global office in Dubai
Nice One’s recorded orders exceed SAR 169bn; final price for IPO unveiled
Europe’s crypto platform Bitpanda expands in MENA via UAE office
MENA-focused Parkin, Saudi Batic to explore smart city parking solutions
BioSapien raises $5.5m funding round led by MENA’s VC firm Global Ventures