Latest news

Date Title
DFM closes Tuesday down; ADX up
UAE represents 77% of GCC investments in Latin America
UAE to host Airport Show in May
Mubadala partners with Canada's Aris Gold to operate gold project
Orascom Construction sees 25% higher profits in 2021
Tabreed's OGM approves dividend, bonus share distribution for 2021
du's shareholders nod to to 21% dividends for 2021
CBE calls off Thursday MPC meeting
Banan Real Estate’s profits surge 43% in 2021; dividends proposed for H2-21
Gold prices surge in Egypt amid higher US dollar exchange rate
Theeb Rent a Car to pay SAR 23m dividends for Q4-21
EGX closes Monday’s session on positive note
Advanced Petrochemical’s shareholders nod to 20% capital raise
TASI closes Monday's session in red zone
AD Ports, ADNOC, Germany's HHLA ink cooperation agreement for clean hydrogen
Almunajem Foods’ profits fall 28% in 2021
DFM ends Monday up; ADX down
Herfy Food Services’ profits exceed SAR 160m in 2021
SISCO's board approves 32% acquisition of UAE's Green Dome
Jahez records 195% leap in 2021 net profits
Sidpec's OGM approves bonus shares distribution
CBE auctions two-type T-bonds at EGP 15.5bn on Monday
US dollar rises against Egyptian pound on Monday
NBE, Banque Misr issue 18% saving certificate
CBE raises interest rates 1%
Saudi Parts Center's board approves to establish wholly-owned subsidiary
Shuaa Capital acquires majority stake in UAE's fintech company
Nahdi Medical’s IPO attracts SAR 6.76bn in retail subscription
SAIB plans to issue SAR-denominated Sukuk programme
Alkhorayef Water inks SAR 141m contract with NWC
Ayyan Investment’s profits fall 79.5% in 2021
CMA approves Arabian Pipes’ SAR 300m capital raise
Egypt’s Lucky raises $25m in funding round
SATORP logs 65% lower losses in 2021
Jazadco achieves SAR 13m net profits in 2021
EGX ends Sunday's session on collective rise
TASI ends Sunday's session on positive note
ACWA Power closes SAR 391.5m deal to sell stake in Shuqaiq IWPP
Oriental Weavers Carpet to open 4 new sales branches
Aramco's board recommends 25% capital raise
MB for Engineering's unit inks deal to operate Revolta Egypt's EV charging stations
Alkhorayef Water’s profits down 9.5% in 2021; dividends announced for H2-21
Cleopatra Hospitals Group's profits up 38% in 2021
CBE auctions EGP 12.5bn T-bills on Sunday
Egypt's national banks invest in Global Ventures' new fintech fund
Nozha International Hospital to raise capital, distribute dividends
Orascom Development Egypt's profits up 130% in 2021
Saudi Chemical records 5% lower profits in 2021
ADIB's OGM approves 31% dividends for 2021
Julphar turns to profitability in 2021
Aramco's profits hike 124% in 2021; dividends proposed
CMA approves IPOs of Al Othaim Investment, Retal
Al Arabia to rent 40 digital billboards for SAR 1bn
EIC generates SAR 49m net profits in 2021; dividends proposed
Umm Al Qura Cement’s profits fall 34% in 2021; dividends for H2-21 proposed
Salama Cooperative Insurance recommends 60% capital cut
Enma Alrwabi’s profits slide 6% in 2021
AXA Cooperative’s board proposes SAR 1/shr dividend for 2021
ADQ, e&'s unit ink deal to acquire 57% stake in StarzPlay Arabia
EGX closes Thursday’s session on positive note
M&A Brief of the Week
TASI ends Thursday's session in green zone
MEPCO’s profits exceed SAR 220.5m in 2021; dividends proposed
Maersk opens 1st integrated logistics centre in Dubai
CMA approves SIIG 's capital hike to acquire Petrochem
Egypt in talks with IMF to secure possible funding amid Ukrainian war
UAE stock markets close Thursday's session on positive note
Binance receives virtual asset license to operate in Dubai
Lazurde turns profitable in 2021; dividends proposed
ADNOC awards AED 2.4bn contracts for cementing services
CBD’s shareholders approve 26% of capital as 2021 dividends
Al Qudra rebrands to Q Holding
Egypt offers EGP 20bn T-bills on Thursday
Sumou Real Estate inks SAR 7m development agreement
National Building announces resignation of Ajeej Steel’s CEO
El-Mashat says Egypt receives $940m development funding for SMEs
Najran Cement’s board proposes SAR 0.25/shr dividend for H2-21
Shaker Group logs SAR 28m net profits in 2021
Scientific & Medical Equipment House awarded SAR 219m contract
Mouwasat achieves SAR 578m net profits in 2021
EGX ends Wednesday's session on collective rise
Alinma Tokio Marine’s losses deepen 672.5% in 2021
TASI closes Wednesday's session in green zone
Damac Properties to raise stake in Damac International Limited
DP World closes deal to acquire South Africa's Imperial Logistics
UAE stock markets close Wednesday's session on positive note
Astra Industrial’s board proposes SAR 1.5/shr dividend for 2021
Walaa Cooperative Insurance turns to losses in 2021
El Nasr Automotive, NATCO to establish Egypt's 1st electric vehicle distributor
SEC’s profits leap 375.5% in 2021; dividends proposed
Google News Initiative launches 3rd Innovation Challenge
Aslak extends deal with Themar for possible acquisition
Orascom Financial Holding logs EGP 102m losses by end-December
HD Bank targets EGP 2bn net profits in 2022
ACWA Power sees 17.5% lower profits in 2021
TAQA's OGM approves AED 5.34bn dividends for 2021
ADNIC's OGM approves 40% dividends for 2021
UAE-based e& in talks to raise stake in Saudi Arabia's Mobily
CMA approves Bahri's capital hike
Jarir names new Chairman, Vice Chairman