Latest news

Date Title
East Delta Flour Mills logs EGP 130m profit in FY20/21
Riyad Bank’s net profits rise 13% in H1-21
RTA achieves AED 2.655bn in revenues via digital channels in 2020
Al Rajhi Bank records SAR 7bn net profits in H1-21
Pioneers Holding sees EGP 352m block-trading deal
Masdar City to launch world's first carbon-free project to extract water from air
Nasr Company for Civil Works gets FRA's approval for capital raise
Sipchem turns profitable at over SAR 1bn in H1-21
Bank Albilad’s net profits soar 37.5% in H1-21
DAFZA registers 8% higher sales revenues in H1-21
Mubasher acquires EGP 2.45bn of total turnover on EGX in July
Kuwait's Zain to invest $10m in Swvl, Queen's Gambit merged entity
UAE's Grandweld delivers crew boat for Allianz Middle East Ship Management
Gulf General raises SAR 140.5m from unsubscribed rights issue shares
CBE offers EGP 11bn T-bills on Sunday
Alkhabeer REIT Fund’s unitholders to obtain SAR 18m dividends
Umm Al Qura Cement’s CEO resigns
RAK Properties sees 348% higher profits in H1-21
DFM records lower profits in H1-21
Takween announces early resettlement of SAR 209.5m loan
NCLE inks SAR 8m deal with Saudi Yamami
CIB submits request to list EGP 4.9bn capital raise shares
SASCO extends lease agreement with Falcom
Alahli Takaful, SNB sign bancassurance agreement
Tadawul announces listing of Saudi Canadian Medical Center
Egypt approves EGP 3.4bn for monorail electricity supply works
TASI, NomuC close Thursday higher
Abu Dhabi ranks among world's three fastest 5G capitals
Russian expands industrial zone in SCZone
Saudi Arabia administrates over 26m vaccine doses jabs
Batic Investments extends MoU to form alliance for project competition
Egypt's government investments up 50.5% in FY20/21
M&A Brief of the Week
CBI sees higher profits in H1-21
EFIC’s profits surge 248% in H1-21
Kuwait's Arzan VC 2 invests $1.076m in Swvl's shares
UAE stock markets end Thursday in green zone
Agility to invest in Swvl, Queen's Gambit combined public company
UAE raises fuel prices for August
Etisalat records 4% higher profits in H1-21; dividends proposed
Arab Drug logs EGP 102m profit in FY20/21
Aslak to distribute SAR 0.75/shr dividend for H1-21
Kima exports fertilisers worth $40 million in four months
Misr Chemical Industries reports 108% higher profit in FY20/21 initial results
Equinox Pharma ups stake in Rameda for EGP 58.5m
Arafa's loss widens 6,775% in three months
UAE maritime leaders assemble to prepare UAE candidacy for IMO
SADAFCO’s profits decrease 46% in Q1-21/22
Yamama Cement records SAR 132.5m profits in H1-21
Iron and Steel for Mines and Quarries records EGP 23m sales in three months
CBUAE maintains base rate to ODF at 15 basis points
Egypt receives 1,600 applications for third phase of export subsidy initiative
CBE offers EGP 21bn T-bills on Thursday
ADIB sees higher profits in H1-21
Southern Province Cement to pay SAR 175m dividends for H1-21
Dubai's Swvl to list on Nasdaq via merger deal with Queen's Gambit
Albilad Capital announces SAR 1m dividends to Sukuk ETF’s unitholders
Delta Sugar's profit jumps 559% in H1-21
GSK Egypt hires Grant Thornton to assess consumer healthcare assets
RIMCO ups stake in EFG Hermes for EGP 60m
Saudi Arabia reports 1,334 new COVID-19 cases
Saudi Paper’s net profits in H1-21 jump 498%
TASI, NomuC end Wednesday in green
Banque Misr, BM Lease ink EGP 700m Musharaka deal
Alkhorayef Water obtains SAR 199m loan from Banque Saudi Fransi
I-CON nears EGP 1.2bn electromechanical contracts with Minka Development
Bank of Sharjah swings to losses in H1-21
MEVAC to invest EGP 1.8bn in building three vaccine factories in Egypt
Abu Dhabi's Mubadala invests $250m in Nasdaq-listed biosimulation company
UAE grants doctors 10-year golden visa
Saudi Arabia enhances tourism sector with Oracle’s cloud computing
CBD's net profits up 27.5% in H1-21
ExxonMobil Egypt enters into strategic collaboration with Trella
Raya Holding sees EGP 30m deal on Wednesday
Mopco, CIRA, Raya among companies joining EGX30 index as of 1 August
Dubai Chamber for Digital Economy to host Expand Summit to support startups
Alkhabeer Capital enters hedging facility agreement with Al Rajhi Bank
DP World records 17% higher gross container volumes in Q2-21
Egypt's imports from US drop 6% in 2020 - CAPMAS
Emirates Islamic Bank's net profits surge in H1-21
Egypt offers residential units under CBE's mortgage finance initiative
Saudi Arabia’s exports leap 120%, trade surplus hits SAR 38bn in May
Ajman Bank, CBD conclude Pakistan's $350m Murabaha syndicated financing
South Cairo Mills reports 58% higher loss in initial FY20/21 financials
DIB's net profits down in H1-21
Zahrat Al Waha unveils SAR 17m capital expansion plan
Alexandria Container's profit down 6% in FY20/21
EBRD approves EUR 25m loan for Egypt's first land dry port
FAB sees 11% higher profits in H1-21
Emirates NBD reports higher profits in H1-21
SAIB records SAR 501m net profits in H1-21
Egypt launches six solar power plants in Beni Suef
Egypt-South Sudan Higher Committee meetings kick off on Tuesday
C. bank’s FY20/21 has undoubtedly been an exceptional year – Al Hashel
Egypt's exports of ceramics, sanitaryware hit $89m in five months
TASI, NomuC close Tuesday higher
Petro Rabigh turns profitable at over SAR 1bn in H1-21
Egypt second top travel destination for Czechs in 2021
NBQ sees 3% higher profits in H1-21
RAKBANK reports lower profits in H1-21