Latest news

Date Title
EGX closes Wednesday on collective decline
TASI ends Wednesday's session on negative note
UAE-based Huspy raises $37m in funding round
NDMC closes SAR 5.44bn Sukuk issuance
UAE stock markets close Wednesday on negative note
Property Finder launches MENA's 1st AI-driven ranking system
Abu Qir Fertilizers to launch company for EGP 1.2bn plants
Emaar Misr for Development's OGM approves partnership with Eagle Hills for project
J&T Express launches network in Egypt
Shuaa's Northacre partners with St. Regis hotel brand in London
Anaam International purchases SAR 23m real estate asset
G42's unit partners with AstraZeneca to advance life sciences in Abu Dhabi
Alpha Dhabi's unit to invest $25m in SpaceX
Egypt-Saudi Arabia bilateral trade leaps 62% in 2021
Amana Cooperative Insurance’s rights issue 72% covered
Al Hammadi names new Chairman, Vice Chairman, CEO
ACWA Power’s unit pens SAR 3bn deal with SWPC
City Cement appoints new Chairman, Vice Chairman
Saudi Airlines Catering’s accumulated losses down to 19% of capital
SIEC appoints new Chairman, Vice Chairman
Saudi Arabia's Savola records EGP 25bn operating investments in Egypt
Saudi Arabia's Torod raises SAR 5m in seed round
EGX ends Tuesday on collective rise
TASI closes Tuesday's session in green zone
Telecom Egypt, Grid Telecom ink agreement to connect Egypt, Greece
UAE stock markets close Tuesday on positive note
Aldar Properties invests in real estate technology fund in Asia Pacific
ADNOC to purchase AED 70bn products for local manufacturing opportunities
EFG Hermes closes Bedaya Mortgage Finance’s 1st securitisation issuance
Egypt Free Shops targets EGP 80m profits in FY22/23
e& launches etisalat by e& as new brand identity for Etisalat UAE
Halwani Bros' unit in Egypt, Aquat Food ink MoU to cooperate in food manufacturing
BHM Capital approves AED 150m bond issuance
Al Seer Marine acquires very large crude carriers for AED 404m
TAQA, ADNOC, Mubadala ink binding agreements for stakes in Masdar
Saudi Alhokair acquires 5% equity in EFG Hermes’ valU
Alkhorayef Water wins SAR 228m contract by NWC
Hilwa’s board approves 50% capital raise
Sumou Real Estate secures SAR 50m loan from Riyadh Bank
Upper Egypt Mills targets EGP 896m revenues in FY22/23
Egypt’s exports to Russia jump 15% in 2021
CAPEX MENA sees 58% YoY jump in May trading volume
CMA nods to Advance International Communication's capital hike
SEC names Algnoon as new CEO
Egyptian stock market declines on Monday
Tadawul closes Monday in green zone
CBE offers two-type T-bonds at EGP 6.5bn on Monday
UAE stock markets close Monday down
Marseilia's board nods to EGP 50m finance lease contract
Banque du Caire invests $82m in Afreximbank's capital raise
Egypt’s chemical, fertiliser exports to Oman hit $11m in 4M
Etisalat UAE partners with Huawei to launch telecom network slicing service
Chedid Capital's unit obtains license to start operating in Egypt
Alamar Foods sets IPO price range at SAR 103-115/shr
BHM Capital receives Fund Management License from SCA
CMA approves Red Sea International, Al Jouf Cement’s capital cut
Saudi PIF acquires 24% stake in Jordan's Capital Bank
SABIC to pay SAR 2.25/shr dividend for H1-22
Batic Investments appoints new Vice Chairman
Raoom Trading names new CEO, Chairman, Vice Chairman
CBE offers EGP 22bn T-bills on Sunday
HSBC Egypt launches green personal finance for net zero carbon future
Ajman DoF partners with Oracle to accelerate economic competitiveness
DP World, Saudi Ports Authority to establish SAR 500m Jeddah Logistics Park
EGX closes Sunday's session in red zone
TASI closes Sunday's session on negative note
Switzerland's Geberit expands product portfolio in Saudi Arabia
Egypt's budget exceeds EGP 3trn in FY22/23
Saudi Aramco's Wa’ed leads $50m round for US fintech startup
Oriental Weavers Carpet joins UN Global Compact
Egytrans inks EGP 26m logistics service contract for wind farm
Huobi obtains licenses from Dubai, New Zealand
Moody's affirms Saudi Re’s 'A3' IFS rating; outlook stable
UAE to launch second auction of federal T-bonds
M&A Brief of the Week
Aman for Microfinance launches 1st investment fund
DIFC FinTech Week to kick off end-June
NWC boosts operational efficiency ahead of Hajj with over SAR 880m
Fintech app Lucky obtains regulatory nod for new card
Kuwait’s Al Arabia Real Estate exits EG Bank for over $10m
Cairo-based Khazenly raises $2.5m in seed round
UAE’s Cartlow secures $18m in funding round led by Saudi ASG
EFG Hermes' unit acquires tech-driven B2B platform Fatura
Naqi Water intends to list shares on Tadawul's Main Market
Arabian Centres appoints new CEO
EETC pens EGP 100m deal for Upper Egypt
EGX closes Thursday on collective decline
CBE auctions EGP 19.5bn T-bills on Thursday
TASI ends Thursday's session on negative note
Amazon launches Delivery Service Partner programme in Saudi Arabia
State Waves Egypt to launch 1st real estate exhibition with Metaverse feature
UAE stock markets close Thursday's session on negative note
Kima inks EGP 7.2bn financing amendment contract with NBE-led consortium
Abu Dhabi partners with France's Sanofi to cooperate in 4 healthcare areas
NMDC's unit wins $673m projects by Saudi Aramco
Orascom Investment Holding turns to profitability in Q1-22
Fawry's profits down 44% in Q1-22
Al Akaria reschedules SAR 2.06bn loan with SNB
MedGulf appoints new Chairman, Vice Chairman
TECOM announces price range for IPO on DFM