Latest news

Date Title
Nozha International Hospital's profit rises 14% in Q1-21
Emirates Investment Bank turns to profitability in Q1-21
Ash-sharqiyah Development’s Q1 losses shrink 38.5%
Naseej International incurs 73% lower losses in Q1
Kima names new Executive Managing Director
ADNOC invites banks to bookrunner roles for drilling unit IPO
Banque Saudi Fransi to pay SAR 480m dividends for 2020
National Gypsum’s shareholders approve SAR 0.6/shr dividend
SISCO to pay dividends worth SAR 65.2m for 2020
Amlak International logs SAR 25m net profit in Q1
Jarir’s Q1 profits grow 6% YoY
Emaar The Economic City’s board proposes SAR 2.8bn capital hike
SASCO achieves SAR 12m net profits in Q1
Arabian Cement’s Q1 net profit totals SAR 67m
SARCO turns to profit amid higher sales in Q1
Sumou’s shareholders nod to 50% capital raise; fluctuation limit announced
Egypt’s gas sector grows 25% in 2020 – El-Molla
Masdar, Finland’s Taaleri Energia to develop solar plant in Greece
UAB turns to profitability in Q1-21
Mubadala’s comprehensive income hits AED 72bn in 2020
FAB completes share transfer process to acquire Bank Audi Egypt
Shuaa Capital sells 20% stake in MIPCO to Japanese investor
IHC generates AED 1.332bn profits in Q1-21
Aramex reports lower profits in Q1-21; higher revenues
Aramex names new CEO
Tabreed posts 4% higher profits in Q1-21
United Arab Stevedoring’s loss down 5% in nine months
Tawuniya logs SAR 80m consolidated net profit in Q1
Suez Customs collects EGP 3bn customs, taxes in April
Alandalus Property’s Q1 profits increase 55%
IHC's unit acquires stake in US-based digital media platform
Hadisolb achieves EGP 816m revenue in 10 months
Egypt Aluminum awards CEGMAN car wheel rim production line contract
Moro Hub, Huawei to build largest solar power data centre in Middle East, Africa
Elsewedy Electric enters Asian market with $60m acquisitions
Chemanol turns profitable in Q1
S&P Global affirms Egypt's sovereign credit rating at B; outlook stable
Deyaar logs AED 1.73bn accumulated losses
Saudi National Bank approves SAR 3.6bn dividends
NBK Egypt's profit inches up in Q1-21
Etisalat completes EUR 1bn bond issuance
CBE offers EGP 18.5bn T-bills on Sunday
Almarai’s subsidiary concludes SAR 150m equity acquisition
Arkan receives offer to combine with Senaat's Emirates Steel
Saudi Printing appoints Chairman, Vice Chairman
Dana Gas reports 41% higher profits in Q1-21
M&A Brief of the Week
Egypt to receive 1.7m doses of COVID-19 vaccine from COVAX next week
SDAIA, IQVIA to support AI solutions in health sector
EGX30 rises above 10,500 pts at Wednesday's close
Saudi Arabia sets up new department for tourism sector
Yield on Egypt’s T-bills hits highest level since November 2020
Consumer appetite for digital payments increases in KSA – Mastercard
UAE stock markets close Wednesday on varied note
Kahira Pharmaceuticals posts 12% higher profit in nine months
ADNOC Distribution receives approval to acquire 15 stations in Saudi Arabia
IFC injects $421m investments into Egypt's private sector in 2020
New Zakat, Tax, Customs Authority to enhance business sector
Altibbi launches first Arabic app to support mothers among $8.5m investments
Aldar selects three global PropTech startups for Scale Up accelerator programme
Saudi Airlines Catering incurs losses in Q1
SEC turns profitable in Q1-21
DIFC partners with MENA FinTech Association to develop future of finance
Egypt invests EGP 110m in upgrading electricity distribution networks in Qalyubia
Dubai Aerospace Enterprise sees lower profits in Q1-21
Alexandria Pharmaceuticals reports 19.5% lower profit in nine months
B Investments Holding's shareholders approve EGP 1.25/shr dividends
EGX approves dual listing of Integrated Diagnostics Holdings
DXB Entertainments logs AED 8.2bn accumulated losses
OIH reveals reason behind delay in filing 2020 financials
Ajman Bank records surge in net profits in Q1-21
Saudi Chemical’s Q1 profits rise 7.5%
Moody's affirms UAE's Aa2 rating; outlook stable
About 500 companies currently use Egypt's invoice system
Egypt expects $6bn tourism revenue in FY21/22
Saudi Airlines Catering to transfer SAR 108m to accumulated losses
Waha Capital turns to profitability in Q1-21
Saudi Cable buys SAR 200m assets
TAQA records AED 1.435bn profits in Q1-21; dividends proposed
Misr Hotels turns to loss in nine months
EGX ends Tuesday mixed; market cap grows EGP 3.2bn
Saudi Vision 2030 seen backing debt capital market – S&P
Arabia Investments Holding names Managing Director, CEO
DFM ends Tuesday down; ADX up
Raya Contact Center approves submitting offer to acquire GCC firm
ADCB receives additional preliminary offers for stake in Alexandria Medical Services
EMPC reports EGP 25.6m profit in Q1
MENA energy investments likely to surpass $805bn by 2025
Raya Holding sells BariQ for EGP 490.7m
DGCX records surge in Indian Rupee Quanto, silver future contracts in April
Insurance House records 28% higher profits in Q1-21
Speed Medical's profit leaps 471% in Q1
Misr Chemical Industries posts 278% higher profit in nine months
Etisalat hires banks for planned dual-tranche euro bond issuance
Saudi Arabia’s PMI rises to three-month high in April
Egypt builds EGP 530m water plant in Badr City
Abu Dhabi's real estate transactions hit AED 11.5bn in Q1-21
Egypt Aluminum targets EGP 138m profit in FY21/22
Eastern Co logs EGP 3.9bn profit in nine months
du signs AED 3.769bn financing agreements