Latest news

Date Title
Salama's OGM approves 8% dividends for H2-20
Al Baraka Bank-Egypt's shareholders approve capital hike via bonus issue
Saudi Arabia’s holdings of US treasuries down 28% in February
UAE's holdings of US Treasury bonds jump 50% MoM in February
Saudi Al Borg opens new branch, eyes expansion
Cleopatra Hospitals Group not to pay dividends for 2020
Saudi Arabia applies minimum wage raise for citizens in private sector
Saudi Kayn’s olefins plant resumes operations
Alexandria Container’s profit edges down in nine months
Ministry of Local Development aims to finance 30k micro-enterprises in five years
S&P Global Ratings assigns Oman Insurance positive outlook
EIC buys CG Power Belgium’s assets for EUR 5m
CBE offers EGP 18.5bn T-bills on Sunday
Sharjah Islamic Bank records 7% higher profits in Q1-21
Ayyan Investment acquires stake in Al Ahsa Medical Services
UAE's first fully integrated digital bank forms founding committee
Sharjah Insurance's shareholders approve 7% dividends for 2020
EGX ends Thursday mixed
M&A Brief of the Week
Egypt's strategic reserve of key commodities enough for four months
Fitch assigns Saudi Real Estate Refinance first-time 'A' IDR
Asmak ups stake in Porto Group Holding
UAE registers 1,928 new COVID-19 cases
Dubai International Airport records 6m passengers in Q1-21
Jarir’s TP raised to SAR 231/shr on expansion
CIRA logs EGP 246m profit in six months
Riyad Capital partners with BNP Paribas Securities for asset services
Deyaar reports higher profits in Q1-21 preliminary results
IMF expects MENA real GDP to grow 4% in 2021
Aramco’s oil pipeline investors to refund loans with bonds in 2022
Al Akaria liquidates Alinma Fund within two months
El-Sisi approves EUR 1.88bn loan for monorail lines
RAK Insurance approves 8% dividends for 2020
SODIC hires financial advisors to study acquisition offer by Aldar Properties
Tadawul announces fluctuation limit for Aldrees
Saudi wholesale price index up 8.7% YoY in March
DIB closes lowest pricing on $500m Sukuk issuance
Al Ahly Capital trims stake in AMOC for EGP 24m
Saudi Arabia’s inflation registers nine-month low at 4.9% in March
UAE's Tristar Transport to withdraw from planned IPO on DFM
Aldrees’ shareholders approve SAR 150m capital hike
Taaleem's profit grows 18% in six months
US-based Silver Lake invests in Abu Dhabi's G42
CBE offers EGP 17.5bn T-bills on Thursday
Batic seeks SAR 300m capital raise
Saudi Steel Pipe’s subsidiary to sell assets for $9.7m
Agility's board proposes 10% dividends for 2020
ADCB receives offers for 51% stake in Alexandria Medical Services
EGX30 ends Wednesday at lowest level since May 2020
Dekheila, Damietta ports collect EGP 2.7bn taxes, customs in March
New Generation Group eyes EGP 5bn investments in New Administrative Capital
Advanced Petrochemical signs EPC contracts worth $1.68bn
UNDP launches accelerator lab in Egypt
UAE registers 1,798 new COVID-19 cases
Tasnee to temporarily close plants; financial impact seen at SAR 90m
CIB's stock slides to lowest level since November 2016
Egypt Aluminum reveals impact of anti-dumping aluminium tariffs
UAE aims to occupy 1st position in Global Food Security Index by 2051
aiBANK's FV estimated at EGP 1.1bn ahead of acquisition deal
Almarai to pay dividends worth SAR 1bn for 2020
Saudi Re receives SAMA nod for SAR 81m capital raise
UAE to send rover to Moon on Japan ispace's lunar lander in 2022
Telecom Egypt, Sudatel ink MoU to enhance international connectivity
SABIC distributes SAR 9bn dividends for 2020
Over half of UAE residents to depend on online shopping, delivery services - Report
Maharah appoints new Chairman, Vice Chairman
MNHD announces dividend payments to shareholders
Almarai’s shareholders nod to allocating 10m shares for ESOP
UAE tops world's best up-and-coming economies in 2021 US News rankings
Egypt to build $100m bioethanol project in Damietta
Batic acquires stake in Smart Cities
EGX approves listing Egypt Kuwait Holding’s capital raise shares
Inertia inks deal with Banque Misr to obtain EGP 1.1bn Islamic funding
Saudi Enaya appoints new Chairman, Vice Chairman
IFA turns to profitability in 2020
Mulkia Gulf Real Estate’s unitholders to get SAR 9m dividends
Empower awards AED 217m contracts in Q1-21
Dubai Chamber adopts 100% smart transformation of basic services
Petroleum sector contributes 24% to Egypt's GDP
EGX loses EGP 8.7bn in market cap at Tuesday's close
Online shopping in KSA, UAE likely to grow during Ramadan – Report
South Sudan agrees to import poultry from Egypt
Dubai Aerospace Enterprise acquires 13 aircrafts in Q1-21
UK's Penspen wins contract for 51 wells in ADNOC Onshore’s oilfields
Egypt to start manufacturing Nasr E70 cars by mid-2022
Alliance Insurance's OGM approves 30% dividends
Red Sea Development to build Coastal Village for 14,000 employees
ADNOC L&S acquires two new VLCCs to boost crude oil production capacity
Egypt imposes anti-dumping duty on aluminium imports
Jadwa to merge two properties and develop new hotel tower
Emirates NBD’s E20. partners with fintech platform to offer SMEs innovative solutions
Gulf Union Al Ahlia appoints Al Shayea as CEO
Raya Holding not to distribute dividends for 2020
CIB's stock hits lowest level in 28 months early Tuesday
Sadara resumes operations of mixed feed cracker
Agthia expects to complete AED 573m acquisition of Atyab in July - CFO
Amazon Payment Services cancels service fees for MSMEs in Egypt
Cleopatra Hospitals Group intends to acquire 51.5% of Alexandria New Medical Center
Dubai's neo capital implements $73m JV acquisition of property in US
FAB expects to complete acquisition of Bank Audi Egypt by 2021-end