Latest news

Date Title
EGX approves listing capital raise shares of Alexandria Medical Services
Albilad Saudi Sovereign Sukuk ETF posts lower profits in H1-21
HC Securities, Contact Factoring ink EGP 400m margin trading finance deal
DSI records AED 77m profits in H1-21; lower accumulated losses
Qassim Cement to pay SAR 1/shr dividend for Q2-21
TASI, NomuC fall on Wednesday
Egyptian consortium installs first turbine parts of Tanzania's hydroelectric dam
AlAhli REIT Fund (1) sees higher profits in H1-21
HSBC Saudi Arabia’s fund turns profitable in H1-21
IDH's unit to offer PCR testing services at Jordan's Queen Alia Airport
UAE's economy expected to grow 4.1% in 2022 - Fitch
Alujain acquires stake in Natpet for SAR 815m
ADNOC, Fertiglobe sell blue ammonia to INPEX in Japan
Al Maather REIT logs SAR 11m profits in H1-21
India's B2B commerce unicorn Moglix enters UAE
Al Rajhi REIT Fund logs higher losses at SAR 159m in H1-21
Egypt secures EUR 151.5m developing funds from Germany
Fawry sees EGP 1.25bn block-trading deal
Egypt develops Nafeza customs mobile app
Gulf Union Alahlia turns to losses in H1-21; accumulated losses near SAR 76m
CIRA, Elsewedy Capital to build EGP 2.5bn university in New Damietta
Abu Dhabi in process of building region's first quantum computer
Watani Iron Steel records 64% higher profits in H1-21
EFG Hermes reports 78.5% profit hike in H1-21
Pure Salmon partners with ADIO to establish headquarters in Abu Dhabi
Palm Hills Developments records 76% profit surge in H1-21
GACO turns to losses in H1-21; accumulated losses exceed SAR 12m
Al Kathiri Holding’s H1-21 profits leap 212.5%
Fujairah Oil Terminal secures $280m refinancing
Mubadala Capital closes private equity fund with $1.6bn commitment
Egypt discusses cooperation with World Food Programme
Egypt only MENA top market with higher startup deal count in H1 - Report
ALEXBANK pens cooperation protocol with Egyptian Countryside Development
Development Works swings to profit in H1-21
Buruj Cooperative posts 42% lower profits in H1-21
ACIG turns to loss in H1-21; accumulated losses total SAR 6m
Saudi Cable’s H1-21 losses shrink 8%; accumulated losses hit SAR 117.5m
SARCO's profit grows 23% in H1-21
Saudi Arabia's holdings of US Treasury bonds down 6% in H1-21
SABB Takaful turns profitable in H1-21
Egypt's mobile wallets hit 16.3m in H1-21
Dubai inaugurates 300 MW phase at Mohammed bin Rashid Solar Park
TASI rises on Tuesday, NomuC falls
Amer Group’s Delmar inks deal to manage Marriott Residence Heliopolis
Saudi Enaya’s H1-21 losses widen 147%; accumulated losses total SAR 60.5m
UAE stock markets close Tuesday in green zone
Etisalat inks $505m agreement to raise stake in Maroc Telecom Group
EGX executes EGP 27.7m MTO on Alexandria National Investment's shares
Alahli Takaful records 5% higher profits in H1-21
Alinma Tokio Marine turns to losses in H1-21
SIDC logs 7% higher losses in H1-21; accumulated losses hit SAR 29m
Aljazira Takaful's H1 profit slides 43%
SAICO turns to losses in H1-21
Batic Investments turns profitable in H1-21
Remittances from Egyptian expats rise to $28.5bn in 11 months
Dar Alarkan’s H1-21 profits jump 124%
Agthia seeks investments in Egypt, Saudi Arabia
Egypt's public spending on social protection hits 4.2% of GDP in FY19/20
Network International, TerraPay sign MoU to boost mobile wallets' acceptance in UAE
Herfy records SAR 632.5m revenues in H1-21 audited financials
Ooredoo, CK Hutchison extend negotiation period to combine Indonesian businesses
Giza General Contracting sees EGP 20m block-trading deal
Alkhorayef awarded SAR 43m contract Al Hamemah facility
Unipack's profit soars 95% in H1-21 on higher revenue
Tabreed signs agreement to divest AED 417m stake in Qatar Cool
Arab Dairy's H1 profit slides 71%
Abu Dhabi exempts 28 countries from mandatory quarantine measures
Elsewedy Electric's profit surges 71% in H1-21
Alujain secures SAR 1bn Murabaha facility from Alinma Bank
Seera turns to losses of SAR 230m in H1-21
GFH submits letter of intent to KHCB for voluntary takeover offer
Maharah to distribute SAR 1.75/shr dividend for H1-21
ADNOC invests $187m in expanding Al Nouf oilfield's capacity
Gulf General incurs SAR 43m losses in H1-21; accumulated losses hit SAR 84m
Remco's loss swells to EGP 325m in H1-21
Sumou Real Estate records SAR 47.5m profits in H1-21, to pay dividends
EGX ends Monday mixed; turnover almost at EGP 2bn
National Building to set up SAR 100m fund with NOMW Capital
MM Group's H1 profit grows 17%
Sinai Cement's standalone loss rises to EGP 253m in H1-21
Agility concludes sale of GIL business to Danish firm for nearly $5bn
Waha Capital obtains $500m revolving credit facility
TASI closes Monday lower, NomuC rises
B Investments Holding's profit slides 41% in H1-21
AI-powered conversational recruitment tool could cut hiring time by 80%
Arabian Cement’s profits surge 91% in H1-21; dividends announced
Speed Medical's profit soars 409% in H1-21
Salama Cooperative Insurance logs SAR 3m profits in H1-21
Mrsool eyes expansion in Africa via Egypt, listing on an Arab stock exchange
National Building sells SAR 68m equipment
Saudi Re posts 89% growth in H1-21 profits
2Africa consortium to expand giant subsea cable system
United Cooperative incurs SAR 33.5m losses in H1-21
Raya Holding turns to profits in H1-21
Arab Sea turns profitable at SAR 9m in H1-21
Egypt to launch largest set of residential units as part of mortgage initiative
Fawry's profit hikes 60% in H1-21
Hail Cement logs SAR 41m profits in H1-21
Riyad REIT Fund invests 60m in US-based asset
Orascom Development Egypt's H1 profit skyrockets 342%