Latest news

Date Title
EIPICO, Kambal to build $30m pharmaceutical plant in Sudan
Etisalat, Nokia deliver 5G broadband services to UAE
CBE offers EGP 16.5bn T-bills on Thursday
Aramex's OGM approves 13% dividends for 2020
FAB reports 3% higher profits in Q1-21
EGX ends Wednesday in green
EGX approves Nozha International Hospital's capital hike
Porto Group Holding's shareholders approve rebranding
UAE stock markets end Wednesday's session in red zone
FAB initiates share transfer process to acquire Bank Audi Egypt
Egypt to award operation of new trains to int'l companies
ENOC completes infrastructure for petrochemical transportation in Saudi Arabia
Raya Holding sells stake in Ostool for EGP 266.5m
Saudi Payments launches instant payments system 'sarie'
Nile City Investments reports 95% lower profit in 2020 initial results
Hadisolb denies receiving $400m letter of guarantee from Sahara Group
Zurich Capital Funds launches world's first Islamic digital bank
Ministry of Housing invests EGP 83bn in Upper Egypt since 2014
DIB lists $500m perpetual Additional Tier 1 Sukuk on Nasdaq Dubai
Memphis Pharmaceutical's profit hikes 386% in nine months
FRA extends deadline for Dice to submit FV study
Dubai Investments acquires 21.5% stake in National General Insurance
EBRD's President visits Cairo on first visit to region since election
NBK-Egypt's shareholders approve EGP 3.5bn capital raise
Petrochem’s shareholders approve SAR 360m dividends for 2020
Egypt’s iron, steel exports surge 61% in two months
DMCC inks agreement to set up blockchain-enabled precious metals refinery
Abdullah Al Othaim in consortium awarded SAR 859m contract
Etisalat plans for bond sale ahead of EUR 1.2bn bond maturity
Nadec, consortium members acquire mill for over SAR 2bn
Dubai-based PropTech startup raises one of MENA's largest seed rounds
GAFI explores investment opportunities with Sky Abu Dhabi
Palm Hills uses EGP 1.3bn of capital raise proceeds
EGX gains EGP 23bn in market cap at Tuesday's close
NASA's contractor launches Zin Aerospace in Abu Dhabi
Banque Misr to provide e-collection services to Cairo Airport
Eni RAK awarded exploration, production in Ras Al Khaimah onshore Block 7
UAE stock markets close Tuesday on varied note
Red Sea Development to finalise SAR 14bn green loan
Dubai Aerospace Enterprise signs agreement to acquire 15 Boeing 737 MAX 8
NBK-Egypt launches SAP corporate banking solution
Canada's 3iQ to list Bitcoin Fund on Nasdaq Dubai
Raydan’s accumulated losses represent 29.79% of capital
GB Auto's unit appoints advisor to study available strategic options
Alhokair Group names Chairman, Vice Chairman
FRA reveals final list of potential buyers of Alexandria Medical Services
Mubadala to shift investments to technology, disruptive industries - CEO
Egypt to receive 500k doses of Sinopharm vaccine in April
CBE issues new mobile wallet regulations
Yamama Cement moves seventh line to Al Kharj
Egypt among few economic with positive growth amid pandemic – Fitch
CBUAE extends economic stimulus package until mid-2022
Dana Gas receives $53m year-to-date from KRI collections
Petrojet, Spain's TR ink MoU to manufacture heat transfer equipment in Egypt
Makkah Construction’s shareholders nod to non-distribution of dividends
Yamama Cement names Chairman, Deputy Chairman for new term
Alkhorayef Water pens SAR 38m deal with Riyadh Airports
Emirates NBD reports higher profits amid improving economic conditions
Emirates Islamic records 37% higher net profits in Q1-21
UK mulls creating new digital currency
EGX ends Monday in green on local, Arab purchases
Gold prices in Egypt rise EGP 7/gram on Monday
Microsoft to invest $1bn in establishing data centre in Malaysia
UAE stock markets close Monday's session in red zone
Egypt explores possibility to locally manufacture Sputnik V vaccine
G42, Israel's Rafael ink agreement to form AI, big data technologies joint venture
Egypt plans EGP 1.25trn investments in FY21/22
Abu Dhabi to launch two infrastructure public-private partnership projects
United Housing's board proposes capital cut
DGCX launches Pakistani Rupee Futures Contract
Saudi unemployment rate declines to 12.6% in Q4-20
Arriyadh Development approves 6.5% dividends for H2-20
UAE banks record 3% YoY higher assets in February
Dice swings to loss in 2020
Rameda's shareholders approve capital raise via bonus issue
Abdullah Al Othaim joins consortium to acquire firm
CBUAE's foreign assets hit AED 385.17bn in February
Canadian companies show interest in Egypt's mining sector
TAQA hires banks to arrange dual-tranche bond issuance
CBE offers EGP 16.5bn T-bonds on Monday
Shams’ board recommends SAR 34.5m capital cut
Dubai sees quarterly improvements in residential capital value in Q1-21
UAE placed among world's top countries in 18 energy indices during 2020
EGX ends Sunday in green despite market cap falling EGP 7.6bn
Mashroak finances projects in Beni Suef with EGP 1.3bn
Almarai’s results likely to hover at low-single digits in 2021 – Aljazira Capital
Egypt’s holding of US Treasuries remains steady for third month in row
Hesham Gohar named CEO of CI Capital
Dubai's CPI down 4% YoY in March 2021
Egypt invests EGP 385m in developing power grid in South El-Sharkia
Saudi insurance sector’s net income shrinks 69% in Q4-20 – Aljazira Capital
DFM closes Sunday up; ADX down
ASCOM's loss widens to EGP 72m in 2020
DP World explores quantum computing technology power in logistics, trade
Egypt issues 511 export subsidy certificates worth EGP 2.4bn
Saudi Arabia administrates over 7m COVID-19 vaccine shots
ADIB executes 60 blockchain-powered trade transactions
Mubasher obtains licence to provide underwriting, promotion services
Al Mahroos partners with Toro in Saudi Arabia, Bahrain
Egypt launches second pilot phase of ACI system