Latest news

Date Title
Egypt invests EGP 355bn to develop national electricity grid since 2014
EGX flags in green during last session of 2022
TASI ends Thursday’s session down; NomuC up
Sisi approves simplified agreements with AFD for transport, climate sectors
Extractive, transformative industries index down in October 2022
DFM, ADX close Thursday with negative performance
Zoujaj to pay 5% of capital as dividends for H2-22
National Building receives SAR 50m loan from Riyad Bank
Leen Alkhair to commence trading on Nomu next week
Ericsson partners with solutions to reinforce network services in Saudi Arabia
Dallah Healthcare's shareholders greenlight nearly SAR 77m capital increase
CMA approves IPO, Nomu listing of 3 companies
Investments of award-winning PaySky in Egypt cross EGP 100m – Interview
Egypt’s exports hike to $32.57bn in 11M-22
ADIB Egypt sees 2 block trading deals worth over EGP 170m
e-finance records EGP 184.7m deal
Egypt Gas aims to achieve EGP 309m in 2023 profits
CBE auctions EGP 43.5bn T-bills on Thursday
ICON establishes new subsidiary in Saudi Arabia
FADICO lowers stake in Egyptian Resorts Company for EGP 19m
Nofoth Food announces final offering price for Nomu listing
EGX ends Wednesday’s session in green
Enma Alrawabi’s CEO resigns; AlQuaifil succeeds
Tadawul closes Wednesday with positive performance
Raoom Trading to pay SAR 1/shr dividend for H1-22
Egypt’s petroleum production totals 79.5m tonnes in 2022
UAE stock markets close Wednesday on mixed note
Keir International unveils SAR 16.5m deal with Mawani
Banan Real Estate announces new key appointments
Alinma Investment announces H2-22 dividends for Saudi gov’t Sukuk ETF Fund
Academy of Learning’s board recommends SAR 2/shr as H2-22 dividends
Nozha International Hospital registers EGP 11.3m block trading
HD Bank announces block trading worth over EGP 52m
EBE records EGP 10.44 block trading
S&P upgrades GFH’s ratings to ‘B’; outlook stable
Knowledge Tower's board recommends SAR 1.25/shr for FY20/21 dividends
Egypt’s natural gas exports reach $8.4bn in 2022
EBE targets EGP 1.44bn profits in 2023
SAPTCO pens 5-year deal with Taif municipality
Egypt signs $301m finance deal with Japan for 4th line of Cairo Metro
Egypt's stock market closes Tuesday with varied performance
Tadawul closes Tuesday’s session higher; majority of sectors rise
OPPO says no intention to exit Egyptian market
DFM, ADX end Tuesday’s session in green zone
Allianz Egypt renews partnership in bancassurance with Banque Misr
Zimbabwe Business Council to boost trade volume with Dubai
Saudi Top for Trading’s board proposes 2022 dividends; shareholder excluded
Egypt's banks, EGX announce 1 January as official holiday
Egypt launches new global oil, gas exploration tender
Amlak Finance sells land in Egypt for EGP 1.28bn
FRA approves Cleopatra Hospitals Group’s capital cut
Sadr Logistics’ board recommends withholding 2022 dividends
Alsaif Gallery’s board approves SAR 35 million in Q3-22 dividends
Misr for Central Clearing, Depository reports 63% higher profits in 9M-22
Egyptian minister says 172K tonnes of fodder worth $81m released
Dallah Healthcare inks SAR 159m contract with Youssef Marroun Contracting
Edarat Communication mulls 100% capital raise via bonus shares
EGX ends Monday's session on collective rise
Tadawul closes Monday with varied performance
Orient Finance sees strong performance in Q3-22 with $50bn trade volume
intella partners with Huawei to enhance Arabic speech-to-text technology
DFM closes Monday’s session up; ADX down
Dubai Chamber establishes fintech, payments business group
Cisco launches Wi-Fi 6 Access Point for SMBs
Eagle Chemicals offers to buy Pachin at EGP 29.5/shr
UAE-based Bayzat raises $25m in Series C funding round
Waha Investment cuts stake in CIRA for EGP 170.7m
Yansab's board proposes 12.5% of capital for H2-22 dividends
Aramco's Luberef to start trading on Tadawul this week
CBE offers two-type T-bonds worth EGP 13.5bn on Monday
Egypt’s ICT sector grows 16.7% in FY21/22
Saudi Top for Trading rolls out SAR 100m project with Petro Rabigh
Saudi ACWA Power seals $2.4bn power purchase deal with Uzbekistan
Egypt’s stock market closes Sunday’s session in red
Bupa Arabia’s shareholders approve 25% capital raise
TASI, NomuC end Sunday’s trading session higher
FAB, Magnati, PayRow to develop payment solutions for Dubai’s ports sector
Consolidated assets of Arab banking sector may reach $4.4trn by year-end
Keir International signs SAR 30m contract with Saudi government
Cenomi Centers unveils SAR 700m sale deal with Sumou Holding
United Housing receives EGP 318m via finance lease mechanism
Al Sagr Cooperative’s accumulated losses down to 12.12% of capital
EMPC targets over EGP 224m profits in 2023
Oriental Weavers Carpet sees EGP 1.37bn block trading
Mouwasat eyes 100% capital hike via bonus shares
B Investments to sell entire stake in TotalEnergies Egypt for $27.6m
Alsaif Gallery to begin trading on Tadawul this week
CBE issues EGP 28.5bn T-bills on Sunday
SAIB’s board proposes SAR 450m dividends for H2-22
Egypt's Damietta collects over $1bn taxes, customs in November 2022
Group Five Pipe Saudi pens nearly SAR 37m deal
Mouwasat’s board recommends SAR 300m dividends for 2022
CMA greenlights public offering of 3 funds by ANB Capital
Tibbiyah’s Premma Health signs SAR 31m contract with NUPCO
Seera’s unit plans to float 30% of shares on Tadawul
Al Yamamah Steel shifts to net losses in FY21/22
Amanat establishes largest pan-GCC post-acute care platform
Egyptian Resorts unveils sale, purchase transactions at EGP 2.25/shr
MIS’ Edarat Communication to start trading on Nomu next week
Emirates NBD inaugurates 1st non-Saudi bank branch in Makkah