Latest news

Date Title
Forbes Middle East, Beltone Holding to launch Top Advisors & Investors Summit
Burjeel Holdings to operate ADNOC’s Das Hospital
Nasdaq Dubai welcomes Mashreq’s $500m debut Sukuk listing
SMC determines final IPO’s price at SAR 25/shr
Budget Saudi’s board mulls 34% capital increase
MCDR’s profits hit EGP 1.6bn in 2024; revenues jump 34%
UAE’s May PMI drops to lowest level in 4 years
Sumou Real Estate pens SAR 562.5m deal for Sedco Capital’s project
Egypt’s central bank announces $48.5bn net foreign reserves, higher remittances
Tassnief assigns ‘A-‘ national scale entity ratings to Cenomi Centers
NMDC strengthens regional presence in MENA’s energy sector via stake acquisition deal
ADSB, EDGE Group unveil AED 7bn award to boost Kuwait Naval Forces
CBE offers EGP 75bn debt instruments on Wednesday
Prices of investment funds including certificates in EGP, USD
Saudi Arabia’s PMI up to 55.8 in May; business confidence strengthens
Egypt’s PMI highlight signs of stability in May amid volatile exchange rates
Anmat Technology to float shares on Nomu following Eid holiday
Alinma Bank appoints new Chairman, Vice Chairman
Stride Ventures eyes business in Saudi Arabia to fuel regional expansion plans
Kima registers over EGP 811.5m profits in 9M-24/25
Aldar unveils Abu Dhabi's 1st coastal wellness destination with AED40bn development value
AMEA Power commissions Africa’s largest wind power plant in Egypt
CBE unveils EGP 80bn T-bills on Tuesday
Aramco concludes $5bn bond issuance
Prices of investment funds including certificates in EGP, USD
FABMISR arranges EGP 4.2bn loan for Redcon Properties
Al Seer Marine boosts LPG logistics via new JV co-financed by ADCB
Beltone Leasing inaugurates branch in Sokhna Industrial Zone
Ajman Port to witness infrastructure upgrade via AED 1bn agreement
Giza Systems announces new CEO appointment, regional expansion plans
Flynas launches 2 weekly direct flights to Damascus
CBE unveils EGP 22bn debt instruments on Monday
First Avenue secures SAR 320m financing from Alinma Bank
EFIC’s consolidated profits rise 6% in Q1-25
Golden Pyramids Plaza’s standalone profits exceed $43.5m in 2024
Prices of investment funds including certificates in EGP, USD
Al Yamamah Steel rolls out deal exceeding SAR 167.5m in value
B Investments Holding’s consolidated profits fall to EGP 70m in Q1-25
OFH shifts to EGP 2m standalone losses in Q1-25
Madinet Masr sets up subsidiary in Dubai
ADES Holding expands West African footprint via SAR 129m contract award
Miahona to pay SAR 161m cash dividends for 2024
Prices of investment funds including certificates in EGP, USD
Arabian Cement records higher profits in Q1-25; consolidated sales hit EGP 2.5bn
Amer Group logs EGP 15m consolidated profits in Q1-25
Retal appoints Chairman, Vice Chairman for new board term
Sudatel Telecom shifts to $26m losses in Q1-25
UAE-based Bloomspoon backs regional expansion via funding from Shark Tank
CBE offers EGP 50bn T-bills via 2 issues
ADNOC Drilling eyes 70% stake in SLB's rigs business in Kuwait, Oman
Naif Alrajhi Investment, Aljazira Capital launch SAR 1.7bn real estate fund
CI Capital’s profits cross EGP 345m in Q1-25
Gridora, ADPIC team up to bolster AED 35bn transport infrastructure projects
Al Kuzama Trading to begin Nomu listing next week
Morabaha Marina Financing sees 29.5% lower profits in Q1-25
CBE auctions EGP 90bn T-bills on Thursday
Banque du Caire posts 45% higher profits in Q1-25; assets hit EGP 500.8bn
Axelerated Solutions to commence trading on Nomu next week
UAE-based fintech Qashio backs regional expansion plans via $19.8m funding
Al Kathiri Holding seals SAR 143m lease deal with Aseer Region Municipality
ACWA Power, Malaysia enter into strategic partnerships with investments up to $10bn
Binghatti acquires mega plot for AED 25bn residential community
Stitch raises $10m seed to transform financial landscape in MENA
Gas Arabian pens agreement exceeding SAR 830.5m in value
Misr Beni Suef Cement’s consolidate profits fall to EGP 574m in Q1-25
Egypt Aluminum targets EGP 13.7bn profits in FY25/26
Orascom Construction’s consolidated profits exceed $27m in Q1-25
Fawry MSME Finance closes 1st securitized bond issuance at EGP 497.5m
Bahri, Saudi Lime obtain regulatory nod for capital hike
Juhayna secures EGP 1.9bn financing from CIB
Dubai Residential REIT becomes largest listed REIT in GCC via DFM debut
Prices of investment funds including certificates in EGP, USD
Binghatti, ADIB ink MoU for Sharia-compliant home financing in Dubai
Edita’s profits drop in Q1-25; consolidated sales exceed EGP 4.2bn
Pyramisa Hotels logs EGP 170.5m consolidated profits in Q1-25
GFH, Kuwait-based real estate firm Al Tijaria to foster GCC logistics sector
Valu expected to float shares on EGX in June
DIB seals $150m financing agreement with Turkey’s telecom provider Turkcell
Aramco begins issuance of US-denominated bonds
Lulu Retail to join FTSE Global Equity Index Series
Arabian Pipes rolls out SAR 104m contract with Aramco
NBK-Egypt sees 58% higher profits in Q1-25
Prices of investment funds including certificates in EGP, USD
Riyadh-based BirdEye closes SAR 2.2m funding to promote retail digital transformation
Aspen boosts regional expansion via HQ in Riyadh
ADNOC Drilling secures $1.1bn contract award for 2 jack-up rigs
Elsewedy Electric logs EGP 4.1bn consolidated profits in Q1-25
Banan’s unit Qimam Noshoz to increase capital to SAR 110m
ICON posts EGP 1.6bn revenues in Q1-25, turns to standalone profits
Acrow Misr’s consolidated profits exceed EGP 200m in Q1-25
EFG Hermes concludes advisory on HSB's 6th senior unsecured short-term issuance
Cleopatra Hospitals Group sees higher consolidated profits at EGP 232m in Q1-25
Prices of investment funds including certificates in EGP, USD
Shaker Group announces key appointments
Leejam Sports to pay SAR 42.5m dividends for Q1-25
CBE offers EGP 22bn T-bonds on Monday
Madinet Masr’s consolidated profits fall in Q1-25; gross contracted sales hit EGP 11.5bn
Dubai Land Department launches MENA’s 1st tokenized real estate project
Gainz secures funding round to back regional expansion plans
viAct fuels MENA’s expansion via $7.3m funding round