Latest news

Date Title
Elm secures SAR 1.9bn loan from SNB
Pioneers Properties generates higher consolidated profits at EGP 1.2bn in 2024
Gadwa’s consolidated profits exceed EGP 1.6bn in 2024
Entaj’s board mulls SAR 15m cash dividends for 2024
B Investments Holding posts higher profits in 2024; dividends unveiled
CBE offers EGP 70bn T-bills via 2 issues
IHC-owned Maseera acquires Egypt’s ADVA to boost AI-powered financial inclusion
Al Arabia, Multiply Group to derive global expansion in advertising sector
Al Ansari Exchange closely monitoring global currency markets amid new US tariffs
Prices of investment funds including certificates in EGP, USD – Updated
SHL Finance renews SAR 1.91bn Sharia-compliant deal with ANB
Uber, WeRide partner with RTA to bring autonomous vehicles to Dubai
Ayan Capital secures up to GBP 25m financing, aims to become UK leader in Islamic banking
Saudia launches flights to Athens, to introduce new departure airport in June
e& subsidiary concludes acquisition of SBB in EUR 825m deal value
EDGNEX by DAMAC acquires Finland’s Hyperco in step with driving success in region
Global firm EXP announces partnership with oil-focused Al Suwaiket
Chemanol incurs 53% higher net losses in 2024
Takween announces 66% decline in 2024 net losses, 39% of capital accumulated losses
Modon collaborates with Elsewedy Industrial Development for Egypt’s Ras El-Hekma
Jafza unveils AED 90m strategic investment to meet surging demand
JINGDONG Logistics expands operations in MENA
Social Development Bank announces SAR 1.7bn total financing in Q1-25
Mitsubishi Power to supply gas turbines for projects in Saudi Arabia
Al Ansari to launch digital wallet upon regulatory approvals
Beltone reveals 1st round’s results of capital hike subscription
Region-focused Reynaers Middle East completes iconic project in Iraq
EHC Investment fully takes over Al Fanar Gas through energy arm
Bitpanda obtains VARA licence as beginning of expansion beyond Europe
UAE’s Khazna welcomes new strategic minority investors; e& exits
Emirates NBD launches new product for businesses owned by UAE Nationals
Agility Global generates $4.5bn revenue, $128m earnings in 2024; dividends unveiled
Arab Energy Fund records highest-ever net income amid $10.9bn total assets in 2024
Alef Education announces nearly AED 403m dividends for 2024 following robust results
Morabaha Marina Financing’s profits down 26.5% in 2024
Southern Province Cement logs SAR 244m net profits in 2024
SRMG registers 64% plunge in net profit during 2024
UAE-based healthtech Valeo Health fuels GCC expansion plans via $12m funding
Cenomi Retail’s net losses fall 82% in 2024
Emaar The Economic City incurs SAR 1.1bn losses in 2024
Prices of investment funds including certificates in EGP, USD – Updated
MBC Group’s profits leap 2,327% in 2024
Zamil Industrial’s profits near SAR 27m in 2024; accumulated loss unveiled
Abu Dhabi Aviation, Archer to deploy world’s 1st Midnight electric aircraft
CBE unveils EGP 60bn T-bills end-week
Juhayna sees 168% higher consolidated profits in 2024
Miahona awarded SAR 1bn project award from MODON
TMG Holding, Alameda Group partner for EGP 5bn hospital in Madinaty
Alkhaleej Training turns profitable at SAR 81m in 2024
Eastern Province Cement records 26.5% higher profits in 2024; dividends for H2 unveiled
Orascom Construction logs $7.6bn backlog in 2024
CMA approves Bank Aljazira, Yaqeen Capital’s capital raise
Prices of investment funds including certificates in EGP, USD – Updated
ADNOC Distribution’s shareholders greenlight $700m dividends for 2024
SASCO’s profits shrink 61.5% in 2024
Tabreed’s general assembly approves AED 441m dividend payout for 2024
Saudi fintech Arabian Pay scales BNBL services for SMEs via funding round
Prices of investment funds including certificates in EGP
Telecom Egypt to pay EGP 2.5bn dividends for 2024
SAIC obtains SAR 100m loan from Alinma Bank
Crédit Agricole Egypt’s general assembly passes dividends for 2024
Seviora Group expands global footprint via office in ADGM
Saudi German Hospital rolls out SAR 122m sale deal
Aramco acquires 50% stake in Jubail-based BHIG
Electro Cable Egypt sees higher profits in 2024; consolidated revenues cross EGP 13.7bn
Salama names Bouabane as CEO
CATRION’s net profits near SAR 353m in 2024; dividends for H2 unveiled
Nadec’s unit secures SAR 1.1bn facility deal
Al Tadamun Microfinance to renew EGP 195m credit facility with QNB Bank
Orascom Construction, Técnicas Reunidas to build 3-GW power plant in Saudi Arabia
Al Seer Marine, Damen International’s JV awarded AED 1.3bn deal with Tawazun Council
Umm Al Qura makes Tadawul debut amid 85% surge in 2024 revenue
Global fintech XTB expands MENA’s presence with new Dubai office
Prices of investment funds including certificates in EGP, USD – Updated
Umm Al Qura posts 57% leap in net profits during 2024
DAE delivers final Boeing 737 MAX to Aeromexico
Saudi CMA passes Nomu listing of 3 companies
CBE offers EGP 25bn debt instruments
Al Babtain Power’s revenues exceed SAR 2.8bn in 2024; dividends for H2 announced
Emirates Islamic issues $750m senior unsecured Sukuk
Alujain Corporation reports 38.5% plunge in losses during 2024; dividends police unveiled
DEWA’s general assembly passes AED 3.1bn dividends for H2-24
Alandalus Property unveils financials results for 2024, dividends for H2
MNT-Halan obtains FRA’s nod for e-KYC and services in Egypt
Nayla empower micro-businesses in Saudi Arabia via $4m funding
Prices of investment funds including certificates in EGP, USD
CBE unveils T-bills worth EGP 105bn on Sunday
Al Ansari Financial Services to disburse AED 315m dividends for 2024
CMA approves Nomu listing, IPO of 4 companies
ABK-Egypt partners with Visa to expand digital payment solutions
EFG Holding’s consolidated profits leap to EGP 5.3bn in 2024
Saudi Printing incurs 66% higher losses in 2024
Prices of investment funds including certificates in EGP, USD – Updated
EFG Holding greenlights Valu’s listing on EGX
Yango Group launches $20m venture fund to back startups globally
Arabian Mills to pay over SAR 30m dividends for 2024
CBE offers EGP 100bn T-bills end-week
Dar Al Arkan’s profits near SAR 807m in 2024
Waha Capital’s shareholders approve 2024 cash dividends
DSI’s unit awarded AED 169m project contact