Latest news

Date Title
Egypt's BoP records $1.5bn surplus in H2-20 – CBE
Jarir Bookstores opens new showroom in Riyadh
Mubadala readies Emirates Global Aluminium IPO – CEO
SASCO operates eight new fuel stations across KSA
Dubai attracts 455 FDI projects in 2020
IHC purchases 45% stake in Alpha Dhabi Holding
Nadec appoints new Chairman, Vice Chairman
SABIC Agri-Nutrients to distribute SAR 893m dividends for 2020
Egyptian Electricity Holding Co. plans EGP 29.5bn investments in FY21/22
Arabian Shield plans no dividends for 2020
National Building’s board approves listing on main market
FIPCO extends SAR 30m deal with Bank Albilad
EGX gains EGP 4.6bn in market cap at Monday's close
Eastern Province Cement’s OGM nods to SAR 215m dividends for 2020
Telecom Egypt inks protocol of cooperation with Ora Developers
Southern Province Cement to pay SAR 350m dividends for H2-20
Egyptian Electricity Transmission eyes EGP 13.3bn investments in FY21/22
TASI, NomuC close Monday in red
Alexandria Port collects EGP 7.6bn in customs duties, taxes in March
Arabian Cement pays SAR 225m dividends for 2020
Women representation in Egypt's Parliament reaches 25% - El-Mashat
Suez Canal Technology's profit grows 26% in six months
Dubai's RTA inks deal with US-based Cruise to operate self-driving vehicles
Astra Industrial’s shareholders approve SAR 60m dividends
Insurance House's OGM approves 4% dividends
Sanad Capital closes $55m financing deal with Commercial Bank of Dubai
Shams Tourism Enterprises appoints new CEO
Egypt plans to buy 5,000 tonnes of vegetable oils from local suppliers
CGC's unit in UAE offers lowest bid in KWD 16m tender
Tatweer Misr launches EGP 10bn educational area in Mostakbal City
DP World partners with Fakeeh University Hospital for logistical, supply chain services
StonePine announces listing of Taaleem's shares at EGP 4.2bn
ADNOC, Dutch-listed OCI eye IPO for fertiliser joint venture
Speed Medical inks deal to manage Alex Scan labs in Alexandria
AMOC turns profitable in 9M initial results
Maharah to acquire majority stake in Spectra Support Services
Dubai Investments to distribute 8% dividends for 2020
Macro Capital delays IPO
DIB hires banks to arrange USD Sukuk issuance
Tadawul announces fluctuation limit for MIS
CBE offers EGP 13bn T-bonds on Monday
Agthia develops new strategy to become F&B leader by 2025
MIS’ shareholders nod to 25% capital hike
UAE to launch world's first digital corporate, retail bank
Emaar Properties' OGM approves 10% dividends
Saudi finance ministry launches e-portal for individual services
EGX ends Sunday in green; market cap grows EGP 6.2bn
QNB Al Ahli reports 5% higher profit in Q1-21
AlAhli Takaful, Arabian Shield enter into MoU for potential merger
EGX approves Fawry's rights issue
Saudi Paper to obtain SAR 50m loan
TASI closes Sunday in red; NomuC rises
Egyptian expat remittances grow $1.7bn in seven months
UAE's Mubadala in talks to join $12.4bn Aramco oil pipeline deal
Egytrans considers foreign expansion, addition of new activities
Chubb Arabia’s board proposes non-distribution of dividends
IATA renews accreditation of Saudi Academy of Civil Aviation
SCZone inks EGP 10bn syndicated loan agreement with six banks
Dubai Chamber members record 24% higher exports, re-exports in March
Dubai’s foreign trade hits AED 1.182 trn in 2020
UAE stock markets keep upward performance for second consecutive session
Advanced Petrochemical announces resumption of two plants
Arab Drug's pre-tax profit rises 10% in nine months
October Pharma's shareholders approve dividends, delay bonus issue
CBE to introduce instant payment module, soft POS in 2021 - Deputy Governor
Raya Contact Center's board approves capital cut via treasury stock cancellation
Speed Medical's unit inks alliance deal to acquire Alexandria New Medical Center
Amiantit’s accumulated losses shrink to 23% of capital
GB Auto's unit to cut stake in MNT Investments for EGP 353m
Egypt's sovereign fund releases info for Mogamma El Tahrir development
Aramco signs $12.4bn deal with EIG-led consortium
ADIB deploys IBM hybrid cloud solutions to accelerate digital transformation
EGX announces trading hours during Ramadan
SAMA approves Arabian Shield’s SAR 100m capital raise
Beltone announces future development plan
Dubai's input price inflation hits 28-month high in March - IHS Markit
Alhokair allocates ECRED’s equity in return for EGP 355m receivables
Watania's shareholders approve 7.5% dividends for 2020
CBE offers EG 18.5bn T-bills on Sunday
Dubai SME members granted AED 7.5bn contracts since GPP launch
Masdar consortium reaches financial close for 300 MW solar project in Saudi Arabia
Reform not possible without partnerships - El-Mashat in World Bank's G-24 meeting
Egypt’s annual core inflation rise to 3.7% in March – CBE
National Building’s Ajeej buys SAR 10m power station
Saudi Chemical’s board proposes 5% dividend payout
CI Capital uses EGP 970m of capital raise proceeds
Saudi Finance Minister, SAMA Governor participate in G20 meeting
TASI closes Thursday down; NomuC in green
Suez Canal Bank cuts stake in Mohandes Insurance for EGP 33m
Saudi CMA approves for Sumou SAR 125m capital hike
EGX gains EGP 5.8bn in market cap at Thursday's close
National Building announces non-distribution of dividends
Egypt builds entertainment area, hotel in Gharbiya at EGP 800m cost
Aramco participates in launching Altamayyuz for Saudi graduates
Lafarge Egypt introduces new line of EcoLabel green cement
Egypt launches tender to buy 5,000 tonnes of vegetable oils
Listed firms among top 10 most influential brands in Saudi Arabia
Port Said collects EGP 3bn customs, taxes in March
M&A Brief of the Week
Saudi Arabia’s economic recovery seen positive in 2021