Latest news

Date Title
UAE stock markets end Monday in green zone
Ministry of International Cooperation, National Training Academy in talks to develop human capital
Kuwait's central bank issues coin to commemorate 40th GCC anniversary
DMCC launches Crypto Centre to develop crypto, blockchain technologies
Saudi Arabia’s hotel ADR rises in Q1 despite slow recovery – Colliers
Saudi Arabia targets $55bn through privatisation
Mubasher offers investment opportunities for Egyptian expats
Hitachi ABB to deploy latest technology to Gulf's first hydro power project
Omran becomes first Egyptian Vice Chairperson of IOSCO
SALIC imports first Australian wheat shipment to Saudi Arabia
Egypt's GDP seen at EGP 6.4trn in FY20/21 – Maait
Etihad Airways moves A350 plane from storage to Abu Dhabi hub
Amana’s shareholders nod to 46% capital cut; fluctuation limit announced
Hadisolb asks for trading suspension to list shares of spin-off firm
Kingdom Holding turns profitable at SAR 91m in Q1
DXB records 8m passengers in 4M
Misr Oils and Soap swings to loss in 10 months
Al Babtain Power records SAR 15.5m net profit in Q1
Foreign-denominated assets held by Egyptian banks exceed $20bn
Dubai's Sweid & Sweid to launch second project in US
Suez Canal demands $550m compensation for Ever Given’s blockage
Emirates Mars Mission starts two-year journey
Development Works Food amends number of shares to raise capital
Mobily’s shareholders nod to SAR 385m dividends for 2020
Bondholders hire advisor for Emirates REIT's Sukuk exchange proposal
Wafrah announces correction of Q1 net profit, accumulated losses
Agility's EGM approves to sell logistics business to Danish firm
Egypt signs EUR 145m agreement with AfDB to develop railways
Bahrain awards $1.6bn tenders in Q1
EGX ends Sunday in green; market cap grows EGP 2.68bn
TASI, NomuC close Sunday in green
Al Akaria’s Q1 losses widen 59%
Wafrah incurs SAR 198,588 losses in Q1
EG Bank's standalone profit edges up in Q1-21
Ma'aden announces unscheduled shutdown at ammonia plant
Al Baha Investment turns to loss in Q1
Saudi used car market expected to grow by 4.5% until 2025
Invest Bank logs AED 1.75bn accumulated losses
Saudi Fransi Capital to pay SAR 52m dividends for Bonyan REIT
Egypt’s exports of medical industries jump to $176m in Q1-21
Dubai SME grants AED 192m incentives to startups in 2020
TADCO’s annual losses shrink to SAR 1m in Q1
Egypt currently building largest railway development project at EGP 225bn
UAE stock markets close Sunday in green zone
Wafrah's board proposes capital increase through rights issue share
GASCO’s net profit leaps 479.5% in Q1
Egypt pays EGP 1.3bn aid to workers hit by pandemic
Raya to set up new firm, raise capital of subsidiaries
National Gypsum achieves SAR 14m net profit in Q1
DCT Abu Dhabi issues updated 'Green List' destinations
Flat6Labs raises Egypt fund to EGP 207m
Saudi Marketing logs 47.5% lower profits in Q1
DEWA inaugurates AED 1.1bn electricity transmission substations in 2021
Speed Medical's board approves capital raise
Fawry's profit soars 125.5% in Q1-21
MoF partners with Dubai SME to support SMEs, entrepreneurs
Saudi Cable incurs SAR 36m net loss in Q1
EFG Hermes shareholders approve capital raise via bonus issue
UAE bids to host UN climate change conference 'COP 28' in 2023
TADCO’s accumulated losses down to 5.6% of capital
Arada awards AED 180m construction contract for project in Sharjah
Saudi Research appoints Chairman, Vice Chairman
CIB's profit grows 20% in Q1-21
Dar Alarkan’s net profit jumps 130% in Q1
Ajman Free Zone secures 56% purchases from SMEs, based firms in Q1-21
Raya Holding turns profitable in Q1-21; dividends proposed
Raydan’s Q1 losses deepen 33%
Emirates REIT launches consent solicitation process for new secured Sukuk
DP World appoints new CEO in UAE
M&A Brief of the Week
FRA approves registering Iron and Steel for Mines and Quarries
TASI, NomuC continue to fall on Thursday
Egypt inks EUR 57.5m grant agreements with Germany
CMA declines Jazadco’s request to raise capital for Jazil acquisition
BCI achieves SAR 14m net profit in Q1
Al Mazaya Holding inks KWD 24m credit facility contracts
Ibnsina Pharma eyes EGP 141m investments in 2021
Alkhorayef Water’s Q1 profits decrease 14.5%
Transmar expands service to Jordan, covers some Red Sea ports
Egypt-South Korea development finance portfolio totals $473m
UAE's dnata inks lease agreement to expand cargo operations at Sydney Airport
FRA approves Housing and Development Bank's capital raise
MSMEs essential element to achieve sustainable development - El-Mashat
DFM closes Thursday up; ADX down
DAFZA partners with SCA to support crypto asset trading
Seera extends partnership with Amadeus to adopt NDC
Nile City Investments records 92% lower profit in 2020
Al Mazaya Holding completes off-market trade for 25m shares
Egypt approves $50m loan deal for combating COVID-19
Emirates NBD expected to sell $750m in AT1 bonds
Melinda French Gates acquires stake in Orascom Construction
The Sovereign Fund of Egypt, EFG Hermes ink deals to acquire 76% of aiBANK
Speed Medical's board approves listing shares on DFM
Al Hammadi’s shareholders approve SAR 60m dividends
Orascom Construction reports 4% lower profits in Q1-21
Egypt Gas turns profitable in Q1-21
Saudi Arabia’s wholesale prices up in April
Ooredoo appoints new CEOs in Oman, Algeria
CI Capital Holding's profit plunges 97% in Q1-21
Saudi Arabia’s inflation rate rises in April