Latest news

Date Title
Jazadco inks SAR 21m loan agreement with Agricultural Development Fund
Dana Gas' board approves proposal to sell treasury shares
CBE likely to halt monetary easing – Mubasher Research
UAB incurs AED 667m accumulated losses
Nozha International Hospital's shareholders approve dividends, bonus issue
NMC reports 21% higher profits in 2020
CBE offers EGP 12.5bn T-bonds on Monday
Tabreed's OGM approves 6 fils/shr dividends, bonus shares
Union Properties logs AED 1.96bn accumulated losses
TASI ends Sunday's session up
Chubb Arabia logs 15% higher profits in 2020
United Foods' shareholders nod to 65% dividends for 2020
UAE's retail market expected to hit $58bn in 2021
Arabtec Holding submits bankruptcy petition to Dubai Court
Joint Egyptian-Jordanian committee launch preparatory experts meetings
UAE stock markets end Sunday's session in red zone
Egypt aims to vaccinate 250k individuals against COVID-19 this week
UAE's Rubber World Industry launches AED 90m new company
Sabaa Pharmaceutical's profit leaps 76% in 2020 initial results
EGX halts trading on Nozha International Hospital's stock
Eastern Co can own 24% of new cigarette production company
Arabia Insurance turns to profitability in 2020
Alexandria Container obtains usufruct rights to land in Alex Port
Dubai's real estate market sees 14% higher number of sales transactions in February
Cleopatra Hospitals Group's profit rises 11% in 2020
Egypt to implement drinking water projects in El-Minya at EGP 1.9bn cost
Tawuniya achieves 28% higher net profits in 2020
NBK Egypt's shareholders approve EGP 3.5bn capital hike
CI Capital approves resignation of four board members
Arriyadh Development announces SAR 576m sale contract signing for project scheme
Heliopolis Housing delays releasing RFP for Heliopark development project
Aramco's profit down 44% in 2020 on lower crude prices; Q4-20 dividends proposed
Aman's board proposes first dividend distribution in 10 yrs
CBE offers EGP 19bn T-bills on Sunday
TAQA's OGM nods to AED 1.124bn final dividends
Emaar Properties' board proposes 10% dividends
Aman incurs AED 88m accumulated losses
Egypt studies impact of int'l institutions shifting from LIBOR
CBE affirms strength of banking sector as non-performing loans drop
EGX ends Thursday in red; market cap loses EGP 7bn
Tarek El-Molla names new chairman of AMOC
HSBC completes Saudi Arabia's first Securities Lending transaction
El-Mashat, EBRD officials discuss private sector engagement in development agenda
Insurance House's board recommends 4% dividends
Telecom Egypt to create fibre optic cable route between Red Sea, Mediterranean
M&A Brief of the Week
Eastern Co comments on reports about new cigarette production licence
UAE stock markets close Thursday on varied note
Alexandria Customs collects EGP 7.03bn customs, taxes in February
Egypt allocates EGP 703m in new funding for veal project
UAE registers 2,101 new COVID-19 cases
Orient Insurance's shareholders agree on 40% dividend payout in 2020
CBUAE launches large-value, retail payment regulations
SAIB's shareholders approve cash dividends for 2020
Verto Holding acquires 90% of National Drilling Co for $21.1m
CBD elects Humaid Al Qutami as chairman
Al Salam Bank's OGM nods to 5% dividends for 2020
eXtra's board proposes SAR 2/shr dividends for H2-20
AXA Cooperative Insurance's net profits climb 54% in 2020
Ajwa Egypt's loss shrinks 94.5% in 2020 on higher sales
EFG Hermes partners with Universal Group to launch e-commerce platform
CBD's shareholders approve 20% dividends for 2020
CBE offers EGP 17bn T-bills on Thursday
UAE banks record 8% higher investments in debt securities
Etisalat's OGM approves 40% dividends distribution for H2-20
DP World's adjusted EBITDA hits $3.319bn in 2020
CIB cuts stake in CI Capital in EGP 322m transaction
Egypt's House of Representatives approves $217m development financing deals
Du Invest offers investment, savings schemes to individuals, institutions
Abu Dhabi Airports requests local banks to pay AED 3bn guarantees for delayed project
TAQA considers selling oil, gas assets
Egypt expects arrival of 5m doses of AstraZeneca vaccine by March-end
Dubai National Insurance's OGM approves 30% dividends
Egypt receives 58,745 applications for vehicle replacement incentive initiative
UAE banks' loans rise 2% in January 2021
RAK Cement logs lower net losses in 2020
Porto Group Holding set to launch new JV in near future
ENOC renews partnership with Wardieh Holdings to market jet fuel in Lebanon
Egypt to establish EGP 250m cotton seed oil extraction company
Sarwa Capital's shareholders approve cash dividends for 2020
National Building completes acquisition of Ajeej Company
Speed Medical Company appoints financial advisor for FV assessment
Arab Cotton Ginning turns profitable in H1 initial consolidated results
DGCX to launch world's first Pakistani Rupee futures contract
Hadisolb achieves EGP 683m revenue in eight months
Alahli Takaful Co’s profit inches up in 2020
EFG Hermes posts EGP 1.3bn profit in 2020; bonus issue proposed
Emaar Development’s OGM considers withholding dividend distribution
Domty inks deal with FrieslandCampina to launch JV for cheese export
SAICO turns to profitability in 2020
CBE reveals requirements for new mortgage initiative
ADCB completes sale of 49% stake in Orient UNB Takaful to Orient Insurance
DIB’s shareholders approve 20% dividend
ADNOC Distribution’s OGM nods to amendment to dividend policy for 2022
Shuaa Capital names new CEO for real estate portfolio
Egypt completes EGP 3.3bn projects in New Valley Governorate
Egypt inks MoU with Thales to develop AI-powered applications
Dubai's inflation down 4.5% in February 2021
EIC turns to profitability in 2020
EGP inches down against USD at local banks on Tuesday