Latest news

Date Title
FAB records AED 10.6bn profit in FY20; dividends proposed
Emirates NBD's profit more than halves in 2020 on higher provisions
EGX to close on Thursday
Egypt remains Africa’s leading destination for foreign direct investment
Saudi economy expected to grow 2.6% in 2021 – IMF
Saudi Printing’s unit pens AED 475m loan deal with CBD
Aljazira Takaful’s EGM greenlights capital raise to merge with Solidarity
Tamam app launches Sharia-compliant microfinance scheme
Tahya Misr Fund supports projects in Aswan with EGP 320m
EGX gains EGP 1.6bn in market cap at Tuesday's close
ICD considers financing projects worth $45m in Egypt
NCB offers USD-denominated Additional Tier 1 Sukuk at SAR 1.25bn
STC mulls IPO of its Solutions by STC
DirectFN to bring latest fintech-style technology across Uzbekistan
Egyptian Banking Institute, Go1 join forces
UAE banking sector to continue witnessing 2020 shocks: S&P Global
Egypt upgrades electricity networks in Minya with EGP 721m in six years
TASI loses 57.08 pts at Tuesday's close
Egypt’s development goals not derailed by pandemic – El-Mashat
Saudi Arabia could be Mideast’s busiest construction market next decade
Dubai-based spiderSilk raises $2m in pre-series A funding round
Saudi PIF seeks to lure international health, technology companies
Egypt’s GDP seen growing 5.4% in 2021 – UN
UAE stock markets end Tuesday in red zone
Hikma Pharmaceuticals to acquire majority stake in GSK Egypt
KSA negotiating with vaccine producers to provide vaccines to Yemen, Africa
UAE announces 3,601 COVID-19 cases
Egypt allocates 48 land plots for malls in New Sohag with EGP 360m investment
KSA begins marketing dual-tranche dollar bonds
STC is most valuable telecom brand in Mideast region
Noon launches warehouse in EZDubai
Saudi gov’t focus on balancing growth, stability to drive property market - JLL
Egypt Aluminum says final upgrade cost not determined yet
Fujairah Building Industries records 13% lower profits in 2020
Raka Paper's loss narrows 9% in H1-20/21
ADNOC Distribution opens 64 new stations across UAE in 2020
KSA to announce national investment strategy soon
Speed Medical inks final deal to acquire Masr Beni Suef Labs
ECI, DMCC, flydubai join World Logistics Passport
Altus Strategies subsidiary awarded gold exploration licences in Egypt
Egypt’s stocks expected to rebound on EM rally – Renaissance Capital
Saudi Arabia to receive AstraZeneca shots soon from India
Ajman sees AED 407m exports with India in 2018-2020
DP World signs 20-year agreement with Angola to operate terminal
MIS’ unit hires financial advisor to list on NomuC
DFM licenses Al Ramz Capital, Al Ansari as short term margin trading providers
Amana Cooperative receives go-ahead for SAR 110m capital cut
Export Development Bank of Egypt receives FRA's approval for capital raise
EGX ends Monday varied; market cap loses over EGP 1bn
Giza General Contracting’s stock surges to all-time high record
Hail Cement profit jumps 82% in 2020
Abu Dhabi Ports inks agreement to develop grain storage at Khalifa Port
Extracted Oils sees profits jump 175% in H1-20/21
National Building's CEO resigns
Egypt’s iron, steel, cement exports hit $772m in 11 months
TASI ends Monday’s session on marginal gains
Giza General Contracting awarded EGP 600m contract in New Mansoura City
Jadwa Investment to pay SAR 30m in REIT dividends
Egypt aims for development of 3,500 villages in three years
City Edge Developments inks EGP 1bn cooperation protocol with CIB
KSA startup venture capital funding hits record high of $152m in 2020
Air Arabia resumes flights between Alexandria, Doha
Saudi NWC completes sanitation projects worth SAR 140m in December
Saudi ACWA Power, Uzbekistan energy ministry see major milestones
UAE stock markets end Monday in green zone
Ibnsina Pharma eyes new contracts with foreign firms in 2021
APICORP mandates lenders for 5-year dollar bonds
Dubai Science Park attracts 60 science, healthcare companies in 2020
Egypt Aluminum plans EGP 13bn upgrade
Dice plans 52 branches, expects to turn profitable in 2021
Saudi industrial sector to drive post-pandemic economic recovery – Report
ADFD finances AED 4.7bn renewable energy projects in 10 years
Madinah offers project to develop hospitality, retail assets in Central Area
Raya Holding’s units acquire i2, URC
KSA trade surplus falls 61% in 11 months
Dubai's Seed Group partners with Silicon Valley-based automation startup
Speed Medical scraps plan to establish hospital management firm
SAGO buys 660K tonnes of animal feed barley
CBE offers EGP 14bn T-bonds on Monday
GMG opens mega-warehouse facility in Riyadh
Saudi Arabia sees 3% lower salaries for Saudi nationals in Q3-20
King Salman orders merging two ministries; names new SAMA governor
Saudi PIF seeks to double assets to SAR 4trn by 2025
Al Ramz purchases 8m shares in subscribed capital
CIRA acquires 51% of Innovvette for Education
EGX ends Sunday varied; market cap drops EGP 3.68bn
EGX approves listing stock-split shares of Electro Cable, Giza General Contracting
Egypt announces 25 January holiday for private-sector employees
UAE Cabinet adopts public debt strategy
Egypt’s inflation rate slows down to lowest rate in 15 years
FAB signs custodian agreement with Muscat Clearing, Depository
Suez Cement sells stake in Kuwait's Hilal Cement
Tabreed inks 30-year agreement with twofour54 to cool new headquarters
UAE stock markets end Sunday's session on varied note
UAE Murban tops OPEC's crude oil list in 2020
SODIC records EGP 7.4bn in contracted sales during 2020
SEC names new board chairman, deputy chairman
EGA extends partnership with LafargeHolcim for wastes' productive use in UAE
Dice considers withholding dividend payments
Alexandria Flour Mills sees 23% higher net profits in H1-20/21