Latest news

Date Title
SAIB annual profit jumps 310%
Abdullah Al Othaim sees 16.3% higher quarterly earnings
Egypt allocates EGP 4.1bn public investments for El-Minya in FY20/21
Egypt inks deal with EBRD to build 10th of Ramadan Dry Port
Egypt's core inflation drops to 3.6% in January – CBE
Misr Insurance, subsidiaries log EGP 4.1bn profit in FY19/20
Emaar Malls registers 69% lower profits in 2020
Halwani Bros secures SAR 140m loan from Al Rajhi Bank
Saudi White Cement changes name to Riyadh Cement Co.
Egypt aims to boost renewable energy contribution to 42% by 2035
Mashreq Bank turns to losses in 2020
Yanbu Cement to shut down production Line 4 for upgrade
TASI levels up 0.1% at Wednesday’s close
Pyramisa Hotels posts 44% lower profit in 2020
Egypt’s food exports to China hit $36m in 2020
Abu Dhabi Aviation's profits down 28% in 2020
KSA, Oman most exposed to diminishing fiscal uplift from SWF buffers - Moody's
SAMI announces operation of its new JV with L3Harris Technologies
CBD sees 20% lower profits in 2020
UAE stock markets close Wednesday on varied note
Metito awarded Jubail-II SWRO desalination plant project in KSA
Kima to increase issued capital to EGP 6.46bn
Egypt's FRA mulls Banque Misr's tender offer for CI Capital
DAE's net profits decline to $229m in 2020
Raya Holding's shareholders approve 10-for-one stock split
Credit Agricole Egypt reports 42% lower profit in 2020 initial results
Dubai's Kentech to acquire Toronto-listed SNC-Lavalin's oil, gas businesses
Saudi GAC approves SAMI’s acquisition of Advanced Electronics
Mawani, Hapag-Lloyd partner to increase transhipment containers in Saudi ports
ADNOC awards Japan's Cosmo offshore exploration block in Abu Dhabi
Egypt has no intention to issue more Eurobonds in FY20/21
Elsewedy Electric's unit, Alexandria Petroleum Maintenance ink EGP 126m deal
UAE’s Hope Probe successfully arrives to Mars
Egypt's headline inflation slows down to 4.8% in January
Nokia, Mobily renew managed services partnership in Saudi Arabia
Mubadala wins bid to buy Brazil's Petrobras RLAM refinery for $1.65bn
DXB Entertainments' losses deepen in 2020; AED 7.8bn accumulated losses incurred
Saudi GDP registers growth of 2.8% in Q4-20
Fawaz Alhokair incurs losses of SAR 128.1m in Q3-20/21
Aramex reports 43% lower profits in 2020; 9% higher revenues
Yamama Cement annual profits hike 41.7%
Egypt’s House of Representatives approves $41m grant agreements
CI Capital raises Talaat Moustafa Group's TP on Capital Gardens project
Riyad Bank completes Tier 2 capital-eligible Sukuk issuance
NCB's profits rise to SAR 11.4bn in 2020
Abo Moati quarterly profits down 37%
Suez Canal Container Terminal invests over $900m since 2004
UAE ranks first in GCC, 4th globally in agility emerging markets logistics index
Loans granted by Saudi ADF soar 96% in 2020
TASI ends Tuesday’s session in green
UAE expected to witness strong return to GDP growth in 2021 - CBUAE Governor
Saudi PIF anchors NBK Capital Partners’ private lending fund
UAE stock markets resume upward performance on Tuesday
Al Ahli Bank of Kuwait names new CEO in UAE
Telecom Egypt collaborates with IBM to accelerate digital transformation
Egypt aims to develop 375 villages by 2021-end
Rameda retracts offer to acquire GSK Egypt
UAE announces 3,310 COVID-19 cases
KSA launches initiative to bolster economic relations with some foreign countries
Egypt receives $16.5bn in orders for $3.75bn Eurobond sale
Saudi Arabia starts clinical trials to produce Covid-19 vaccine
Emerald Real Estate Investment's profit down 27% in 2020; bonus issue proposed
ADNEC adds two Anantara hotels to portfolio
Hassan Allam Properties raises stake in SODIC
Nozha International Hospital approves capital raise, stock split
Drake & Scull turns to profitability; restructuring process reaches final stage
Al Yamamah Steel to hike annual pipe production capacity in Jeddah, Dammam plants
Egypt collects EGP 17bn in reconciliation fees for building violations
Egypt sells dollar-denominated Eurobonds worth $3.75bn
Al Yamamah Steel to start executing wind power systems factory soon
Dubai's non-oil economy records lower output in January; first rise in employment for year
Jazadco receives GAC's go-ahead to buy Jazel Investments
Emirates Refreshments' initial results register decline in net losses
Anaam International mulls SAR 210m capital increase
du reports lower net profits in 2020; dividends proposed
SAPTCO moves to losses in 2020; plans no dividends
Egypt allocates EGP 20bn for developing 375 villages
Kash Asset Management cuts stake in Prime Holding
Egypt’s trade deficit narrows 4.7% in November 2020
EGX loses EGP 5.4bn in market cap at Monday's close
Al Yamamah Steel achieves SAR 42.7m in quarterly profits
Galxo Group rejects talks with Rameda, ACDIMA over potential acquisition
NCB Capital announces SAR 44.7m REIT dividends for H1-20
Hail Cement proposes SAR 0.5/shr dividends for 2020
Banque Saudi Fransi profits halve in 2020
Egypt builds residential units for limited-income people at EGP 19.95bn cost
TASI adds 121.41 pts on Monday
Infinity to invest EGP 300m in building 300 EV charging stations in Egypt
Sharjah records 5% higher real estate transactions in 2020
Bank Albilad’s CEO says provisions cover 250% of bad loans
Masdar achieves first acquisition close on clean energy projects in US
UAE stock markets end Monday in red zone
Egypt’s public investments to infrastructure projects hit EGP 500bn between 2018-2021
BH Mubasher's net profits up in 2020
Banque Misr to submit offer to buy CI Capital’s shares
OIH's stock rises to highest level in 17M ahead of stock trading suspension
UAE records 2,798 COVID-19 cases
Hitachi ABB deploys Egypt's first fully engineered power quality system
ADIO supports South Korean cloud technology company to establish in Hub71
Al Meswak Dental Clinics considers sale or IPO