Latest news

Date Title
Alujain raises stake in Natpet for SAR 82m
EGX ends Tuesday in red; market cap down EGP 14.5bn
Bahri to pay SAR 394m dividends for H1
Natural gas to play key role in advancing UAE's economic growth - ADNOC CEO
B2B commerce platform Cartona raises $4.5m in round led by Global Ventures
Amaala awards nearly SAR 4bn deals with majority to Saudi firms
TASI declines on Tuesday; NomuC rises
Dubai's economy expected to grow 3.1% in 2021
Cooperation Petroleum achieves EGP 47.5bn sales in FY20/21
Aramco, Italy's Saipem pens investment agreement
El-Sisi inaugurates major national projects in Sinai
Hitachi ABB Power, Elsewedy’s unit to set up Delta Zone network
FRA rejects Sheeni's stock split decision
Dubai Airports expects international visitors' number to double in 2022
Armed Forces Engineering Authority awarded EGP 485bn projects since 2014
Al Shams Housing to sign deal with EALB to sell financial portfolio
du launches Business Starter Plan for small businesses
Suez Canal's revenues rise to $4bn in eight months
Rakta inks final deal to sell land plot for EGP 447.7m
Emirates NBD records 34m contactless transactions
NBE obtains licence to allow tap-on-phone service
Taiba Investments pens deal with AccorHotels for Novotel
UAE ranks 3rd among 27 emerging economies in Future Readiness Economic Index
Enma Alrawabi obtains regulatory nod for direct listing
Beltone's board approves capital raise
Fitch affirms Etisalat's ratings at 'A+', withdraws ratings
NGDC to start trading on Wednesday – Tadawul
First Group launches EGP 750m residential project in Sheikh Zayed
CMA approves floating shares of Al Hasoob Trading
Dubai issues new law to form Dubai Integrated Economic Zones Authority
Tadawul suspends trading on Al Sagr Cooperative Insurance
IHC's unit further invests AED 55m in US-based Firefly
Fawry acquires minority stake in Brimore for EGP 15.7m
EGX loses EGP 10.8bn in market cap at Monday's close
Holding Company for Food Industries to build four factories at EGP 7bn cost
ACIG receives regulatory nod for capital hike
Egypt's food, agricultural exports hit $4.58bn in eight months
National Building secures SAR 100m from Riyad Bank
Deyaar appoints contractors to build AED 750m skyscraper
Egyptian Petrochemicals studies doubling annual capacity to 200k tonnes
Obeikan Glass to pay SAR 1/shr dividend – SAIC
Saudi Arabia announces 63 new COVID-19 cases
Egypt starts pilot operation of $450m gasoline production complex in Assiut
Italy's Cavalli collaborates with Damac to launch $545m luxurious tower
TASI falls on Monday; NomuC rises
GCC asset managers expect more inflows amid growing ESG, Islamic investments – Moody’s
Egypt, World Bank explore means to enhance investment in human capital
88% of SMBs in UAE optimistic about business future - study
Net assets of 41 Egyptian insurers amount to EGP 153bn
UAE records 313 COVID-19 cases
Taaleem reveals latest updates on investment plans
Egypt's sovereign fund, Bidayat ink MoU to study Bab El-Azab development project
DFM announces AED 184m direct deal on Damac
Sheeni’s board recommends capital raise, stock split
Mohandes Insurance's board proposes EGP 0.25/shr dividend for FY20/21
Egypt pays EGP 988m for universal health insurance services in Port Said
E-commerce platform CARS24 secures AED 1.2bn in funding round
Alexandria Container’s board proposes dividends for FY20/21
Emirates to raise US flights from October amid ease of travel restrictions
Saudi Arabia continues to be China’s top oil supplier in August
CBE, FRA cooperate to streamline consumer finance payment procedures
Target cuts stake in Real Estate Egyptian Consortium for EGP 58m
CBE offers EGP 12bn T-bonds on Monday
IHC's unit awarded contract for AED 46m landscaping project
flydubai signs AED 100m agreement with Saudi Ground Services
Alameda Healthcare plans EGP 5bn investments
National International Holding appoints BHM Capital as liquidity provider
Alinma Tokio Marine inks insurance deal with Alinma Bank
UAE records 62% hotel occupancy rate in H1-21
Kamar trims stake in Egyptian Resorts Company
Egypt launches tender to import 40,000 tonnes of vegetable oil
Saudi Arabia reports 70 more COVID-19 cases
Egypt receives 546,000 doses of AstraZeneca vaccine
Shaker Group’s board proposes capital cut, raise
Drone-based transportation, logistics company launched in Abu Dhabi
DFM ends Sunday up; ADX down
TASI, NomuC start week in decline
SABB Takaful renews SAR 4m contract with SABB
Abu Dhabi Ports inks agreement to establish cruise terminal in Aqaba
Ain Sokhna collects EGP 3.4bn taxes, customs in August
Baazeem halts setting aside retained earnings
M&A Brief of the Week
ZENIQ Technologies to launch tokenization project in Dubai
Mashroak finances 3,500 small enterprises with EGP 746m since July
Raya Contact Center reveals FV of Gulf Customer Experience
Egypt's GDP forecast to reach $943.4bn in 2030 – Fitch Solutions
ADQ hires investment bankers to fulfil dealmaking objective
Tadawul to close on Thursday
Eastern Company to renew deal with JTI, launch new cigarette product
Gargash acquires Deem Finance to expand financial services
Giza Contracting awarded EGP 241m project by Egyptian cabinet
UAE's trade surplus with Arab countries hits AED 1.3bn in 2020
Zahraa Maadi sells three land plots for EGP 48m
Development Works Food approves capital raise; fluctuation limit announced
ICON's profit surges 153% in H1-21 on higher revenue
Empower inks largest agreement in global district cooling with Mitsubishi
Saudi Airlines Catering pens SAR 75m deal with Saudi Railways
EGX changes minimum limit of share's closing price
SABIC prepares for initial startup of petrochemical JV with ExxonMobil
NBF introduces electronic trading platform NBFX