Latest news

Date Title
Egypt to build EGP 2.2bn bulk grain terminal at East Port Said
TASI closes Monday down; NomuC rises
ADFD grants AED 95.5m loan to Guinea for interchange, roads project
Egypt allocates EGP 5.8bn for fibre-optic networks in Haya Karima villages
UAE stock markets close Monday in green zone
Rameda records EGP 61.5m profits in H1-21
Dubai Chamber launches online tool to identify export opportunities in 30 markets
Egypt's FRA approves second nano-finance product
Ataa Educational signs SAR 138m acquisition agreement
Egypt, Austria pen EUR 8.5m railway development financing deal
Ajman Bank records 44% rise in net profits in H1-21
EGX executes $424m MTO on Blom Bank Egypt's shares
Sarwa closes Mubadala-led $15m financing round
Al Etihad Cooperative’s H1-21 profits down 33.5%
Hurghada Airport receives first EgyptAir flight from Moscow
Al Ezz Dekheila Steel achieves over EGP 2bn profit in H1-21
Ezz Steel turns profitable in H1-21
Ajman Free Zone records 35% higher number of new companies in H1-21
Maharah posts 34% decline in H1-21 profits
Nama Chemicals turns to profits worth SAR 19.5m in H1-21
CI Capital's profit jumps 376% in H1-21
SirajPower inks deal to install region's largest solar carport for sports facility
Dubai sees second-quickest upturn in non-oil private sector in July - IHS Markit
Elsewedy Electric's units ink EGP 192m cable installation deal
Astra Industrial records SAR 105m profits in H1-21
Dr. Sulaiman Al Habib’s unit signs SAR 518m deal with Masah Construction
ADNIC sees 31% higher profits in H1-21
CBE offers EGP 13bn T-bonds on Monday
SNB to distribute SAR 0.65/shr dividend for H1-21
Saudi Arabia’s GDP grows 1.5% in Q2-21
IHC's net profits surge in H1-21
Arkan incurs losses in H1-21
Digital transformation, FinTech could drive financial inclusion in Egypt’s rural areas
Egypt signs EUR 197m financing deals with Germany in 6M
Saudi Arabia records 731 new COVID-19 cases
MNHD posts 53% profit drop in H1-21
Amlak International’s profits marginally up in H1-21, assets decrease 6.5%
Arabian Shield achieves higher profits at SAR 23m in H1-21
EGX gains EGP 4bn in market cap at Sunday's close
CMA approves public offering of Watani Saudi Equity Fund
Egypt's El-Sisi re-appoints Omran as FRA's Chairman
TASI rises on Sunday; NomuC falls
AXA Cooperative’s profits up 12% in H1-21
Egypt currently builds 17 industrial complexes with EGP 10bn
L’azurde records SAR 18m net profits in H1-21
Nile Pharma's profit slides 29% in FY20/21 initial financials
Fitness Time turns profitable in H1-21, to pay SAR 23.5m dividends
Dr. Sulaiman Al Habib logs SAR 644m profits in H1-21; dividends announced
Talaat Moustafa Group's profit grows 23% in H1-21
SEC turns to profits of SAR 7.5bn in H1-21
Egypt's banks, EGX off next Thursday
EIPICO's sales exceed EGP 1.5bn in H1-21
Dubai records 2.5m tourists in H1-21
Saudi Ground Services appoints new CEO
Tasnee turns to profitability in H1-21
Halwani Bros’ H1-21 profits shrink 8%
EMPC logs EGP 78m profit in H1-21
Mopco's profit up 16% in H1-21
Dubai sees 63% higher DED trader licences in H1-21
Abu Qir Fertilizers reports 30% profit growth in FY20/21
Alhokair Group raises SAR 291m through rights issue
Mohamed Farid re-appointed as EGX Chairman
Aramco records SAR 177bn profits in H1-21; dividends announced
Masdar, EDF-led consortium launches Saudi Arabia’s first wind farm
Dubai Customs records 53% higher transactions in H1-21
Aramco is among H1-21 active entities investing in Saudi-based startups – Report
Blom Bank Egypt's shares sold in MTO reach 298.6m
EGX ends Thursday in green; market cap up EGP 3.3bn
Walaa Cooperative incurs losses in H1; net profits shrink in Q2
Bawan’s profits leap 176.5% in H1-21; dividends announced
NI Capital, Egyptian Investment Services, ENPO ink deal to provide investment products
M&A Brief of the Week
TASI closes Thursday in green; NomuC falls
Egypt develops 79 unplanned areas with EGP 2.4bn
SNB records SAR 5.5bn net profits in H1-21
Al Salam Bank – Bahrain sees 50% higher profits in H1-21
Saudi Arabia is MENA’s second largest market in VC funding – Report
Egypt's presidential decree approves EUR 200,000 Spanish grant
UAE stock markets end Thursday in green zone
Fintech startups lead Saudi Arabia’s VC industry in H1 – Report
Dubai's real estate investments hit AED 75bn in 7M
UK moves UAE from red to amber list
Saudi Arabian VC ecosystem surges 65% in H1-21
FRA approves Marseilia's authorised capital raise request
ADIA's units invest in $1.1bn Brazil Development Fund
Egypt's trade deficit widens 10% in May – CAPMAS
Sary tops Saudi Arabia’s funding rounds in H1 – Report
Speed Medical allocates EGP 400m for future investment plan
ADIO partners with Florin Court, Tribe to foster Abu Dhabi's financial sector
BHM Capital reports higher profits in H1-21
Canal Shipping Agencies posts 39% lower profit in FY20/21 initial financials
Egypt implements $14bn refining, petrochemical projects
SABIC turns to profits at SAR 12.5bn in H1-21
Dubai Investments' net profits up 47% in H1-21
Elsewedy Electric's unit inks EGP 190m electrical network contract addendum
GB Auto not to renew distribution agreement with China's Geely
Maharah concludes acquisition of Spectra Support Services
Japan raises grant to Egypt's Abul Rish Children’s Hospital to $19m
Al Rajhi REIT Fund unitholders to obtain SAR 45m dividends
Dubai Aerospace Enterprise records lower profits in H1-21