Latest news

Date Title
IHC eyes IPO for majority-owned Pure Health in 2022
Saudi Cable submits capital cut, raise request to CMA
Riyad REIT acquires asset for SAR 184m
ENBD REIT's net asset value hits $174m in Q1
Egypt inks deal to locally produce WHO-approved European vaccine
Egypt plans EGP 65.3bn petroleum investments in FY21/22
TASI down on Thursday for 4th consecutive session
Egyptian Electricity Transmission inks EGP 4bn syndicated loan deal
UAE sees 52% higher number of foreign companies' branches in 10 yrs
Link HoldCo BV cuts stake in Fawry for EGP 516m
Egypt’s manufacturing index advances 14.5% in June – CAPMAS
UAE stock markets close Monday in green zone
Empower acquires Nakheel's district cooling unit for AED 860m
Masdar City introduces new package to support business growth in Abu Dhabi
Mubasher aims to launch educational portal for new traders
ADIB launches world's first Islamic digital bank for Gen Z
Mubasher launches trading platform for non-residents in 70 markets
Egypt names first chairwoman of Hit-and-Run Accident Fund
ADNOC signs $1bn framework agreements for project engineering services
Dubai establishes specialised money laundering court
Egypt ends asset seizure for over 3k corporate taxpayers in 15M
Majid Al Futtaim reports 10% lower revenues in H1-21
Sheeni's shareholders approve debt settlement with Metallurgical Industries Holding
Tadawul halts trading on Al Sagr Cooperative Insurance, MESC
Emirates NBD partners with DMCC to foster Dubai diamond industry finance
Dice's standalone loss narrows 87% in H1-21
China Three Gorges fully acquires Dubai's Alcazar Energy Partners
CBE offers EGP 10.5bn T-bonds on Monday
Abu Dhabi's basic industrial project adds 22 new licenses
Banque Misr raises MSME funding portfolio to EGP 55.7bn at end-June
EGX ends Sunday varied; market cap loses EGP 2.6bn
TASI ends Sunday in red for third session in row
Jadwa REIT Saudi Fund to distribute 2% dividends for Q2-21
MSMEDA grants EGP 29.5m funding for micro, small enterprises in Qena
AOI inks cooperation protocol with Egyptian Space Agency
Raydan Food logs SAR 81m accumulated losses
EGX extends deadline for SMEs to contract with sponsors
Egypt invests EGP 1.5bn in upgrading electricity networks in Beni Suef
Solutions by stc to proceed with IPO on Tadawul
GO registers lower losses in Q1
Egypt to build its first specialised hospital in Djibouti
Knowledge Economic City's loss shrinks 99% in H1-21
Schneider Electric joins Abu Dhabi Sustainability Group
SIEC's losses down 60% in H1-21
Ajman Bank partners with Kamel Pay to offer digital financial solutions in UAE
Saudi German Hospital's profit drops 43% in H1-21
Alexandria Container's profit edges up in July
National Gypsum records 13% lower profits in H1-21
Budget Saudi's H1 profit hikes 64%; dividends proposed
KIB completes sale of exposure to NMC Healthcare
Egypt's non-oil exports rise to $17.7bn in seven months
Kingdom Holding turns to profitability in H1-21
CBE offers EGP 11bn T-bills on Sunday
ADCB's MSCI ESG rating upgraded to 'AA'
ADNOC Distribution to be included in FTSE Emerging Markets Index
EGX ends Thursday in red; market cap loses EGP 5.3bn
Elsewedy Electric's United Metals obtains $25m loan from EBRD
Naseej International reports 72% lower losses in H1-21
Egypt mulls building textile technology education complex in Alexandria
Arabian Centres records 17.5% lower profits in Q1
Jadwa REIT Saudi Fund records lower profits in H1-21
Saudi Fransi Capital announces financials of REIT funds
Alinma Saudi Government Sukuk ETF sees higher profits in H1-21
CRA gets cabinet's approval on Badr University in Assiut
TASI ends week lower; NomuC rises
Egypt invests EGP 778m in immediate phase of New Rashid
TADCO’s losses increase 115% in H1-21; accumulated losses total SAR 45m
UAE stock markets end Thursday in red zone
Etihad Rail partners with AGIS to transport steel via rail network
United Cooperative’s shareholders nod to offset accumulated losses
Emaar The Economic City’s H1-21 losses narrow; accumulated losses hit SAR 3bn
UAE announces 1,077 new COVID-19 cases
Abdullah Al Othaim posts lower profits of SAR 106m in H1-21
Aljazira REIT turns to profitability in H1-21
Misr Insurance cuts stake in Rowad Tourism
Arabian Pipes’ H1-21 profits shrink 66%
Ain Sokhna collects EGP 2.5bn taxes, customs in July
Alhokair turns profitable in Q1-FY21/22
Misr Cement - Qena raises 2021 forecasts on ECA's decision
Egypt plans EGP 125.7bn investments in industrial sector in FY21/22
Dubai's Network International turns to profitability in H1-21
Qalaa Holdings' Chairman settles $4m check lawsuit
BCI posts SAR 29m net profits in H1-21
EGA refinances $5.5bn corporate debt
Oriental Weavers Carpet's profit hikes 151% in H1-21
GASCO records 222% higher profits in H1-21
Amer Group's profit leaps 538% in H1-21
Swvl to acquire Spain-based on-demand bus service Shotl
Satorp’s H1-21 losses deepen 4%
CBE offers EGP 20bn T-bills on Thursday
DP World reports 52% higher profits in H1-21
Zoujaj turns to profits in H1-21
Agthia launches first online auction platform for dates
El-Sisi ratifies Sovereign Sukuk Law
Egyptian American Enterprise Fund cuts stake in Fawry for EGP 269m
M&A Brief of the Week
EGX ends Wednesday mixed amid foreign selloffs
Albilad Gold ETF records SAR 8m losses in H1-21
Tycoon Holding acquires 85% of Alexandria National Investment
Al Babtain Power’s H1-21 profits shrink 15.5%