Latest news

Date Title
Mubadala considers buying NMC hospital business
Banque Misr ups stake in CI Capital to 90% for EGP 3.07bn
Faisal Islamic Bank’s business volume rises 11% YoY in February
NADEC turns to profits in 2020
Naeem Holding's EGM mulls capital reduction to write off treasury shares
UAE stock markets end Tuesday on marginal gains
Porto Holding eyes EGP 1.3bn investments in 2021
UAE’s first GE HA turbines installed at Sharjah's Hamriyah Independent Power Plant
Egyptian research reactor inks new deal with Russia's NCCP
Binghatti Avenue to be delivered in Q1-22
Arab Co. for Asset Management approves offer to sell land in El-Minya
Saudi Arabia's holdings of US Treasury bonds decline 26% in January
GASCO supplies 61bn cubic metres of gas in exports, local sales in 2020
Saudi Arabia’s GDP achieves 2.5% quarterly growth in Q4-20
CBUAE's foreign assets hit AED 378.1bn in January
Orascom Development Egypt's profit down 22% in 2020
Almarai acquires Bakemart in UAE, Bahrain for AED 93.5m
GEMMA swings to loss in 2020
Shuaa Capital sells 3m treasury shares
El-Sisi orders minimum wage, pension raises in FY21/22
Egypt targets 9% higher spending in FY21/22 budget
UAE's holdings of US Treasury bonds rise 5% YoY in January
UAE banks' gross assets increase 3% in January
EGA posts 63% higher adjusted EBITDA in 2020
Egypt opens regional centre for grain trading technology
Palm Hills partners with Inspired to launch first King’s School in Egypt
TASI ends Monday's session down
Suez Canal Bank gets FRA's approval for EGP 704m capital raise
UAE banking system records AED 13bn resident deposits in Q4-20
International financial institutions positive on Egypt's economic outlook
Bayt El-Khebra raises stake in Egyptian Resorts for EGP 54m
UAE banking system's overall liquidity returns to pre-COVID-19 level - CBUAE
DMCC adds The Place Business Centre to business community
Shuaa Capital sells 632,440 treasury shares
Speed Medical's board approves FV study for New Al Safwa Specialized Hospital
UAE stock markets close Monday's session in green zone
UAE registers 1,898 COVID-19 cases
FRA orders suspension of trading on Dice's shares
Egyptian expat remittances rise to $29.6bn in 2020
Arabia Investments Holding to contribute EGP 20m to UE Finance's capital raise
Malath Cooperative records 23% higher net profits in 2020
AL Maather REIT Fund to distribute SAR 0.39/unit for 2020
Sawaeed Holding's OGM nods to 10% dividends for 2020
Egytrans responds to share-swap offer by Hassan Allam's unit
Dubai's Nakheel considers selling district cooling assets
Saudi inflation rate eases to 5.2% in February
Saudi Al Sharbatly Group plans to invest $2.5bn in Egypt in five years
Saudi Arabia registers 7% YoY higher wholesale prices index in February
Arab Sea gets initial approval for e-payments subsidiary
Alinma Tokio Marine's net losses dip 96% in 2020
GSK Egypt rejects due diligence request from ACDIMA
CBE allocates EGP 100bn for new mortgage finance initiative
Dubai's Opulence Capital invests $20m in US Nano Cures' funding round
CBE offers EGP 17bn T-bonds on Monday
Shuaa leads $50m Sukuk funding round for UAE's technology-enabled agribusiness
Agility records 52% lower net profits in 2020
TAMEER's profit down 62% in 2020; board proposes capital raise via bonus issue
EGX ends Sunday mixed
TASI resumes upward performance on Sunday
Mouwasat achieves 25% higher profits in 2020
Egypt launches MENA's first regional centre for sustainable finance
Egypt on track to achieve self-sufficiency in petroleum products by 2023
Four Season to develop EGP 2bn residential project in New Administrative Capital
EGAS inks nine gas exploration deals with $981 investment
Raya Holding authorises unit to issue EGP 600m securitisation bonds
Egypt's ITDA currently building 18 projects with EGP 49bn investments
DAFZA appoints new CEO for B2B eMarketplace Tradeling
UAE stock markets end Sunday on positive note
UAE records 1,992 new COVID-19 cases
UAE occupies 13th position globally as preferred work place for foreign nationals
Raya Holding's loss shrinks 46% in 2020
Egypt inks EGP 2.4bn deal to build Kafr El-Dawwar textile industrial complex
Egypt aims to boost share of green investments to 30% in FY21/22
DXBE's debt conversion to have no negative financial impact on Emirates NBD, DIB
Zoujaj turns profitable in 2020
Galxo Group rejects offer to sell shares in GSK Egypt
RAK White Cement registers lower profits in 2020
Alahli Takaful renews insurance deal with NCB for SAR 148m
Aldar offers to acquire majority stake in EGX-listed SODIC
Egypt develops EGP 900bn water resource plan
Al Othaim Markets to distribute SAR 3/shr dividends
SACO posts 39% higher profits in 2020
Egypt to launch new logistics zone in El-Dakahlia with EGP 2bn investment
SABB completes merger with Alawwal Bank
El-Sisi to review draft budget for FY21/22 this week – Maait
UAE's Masdar inks MoU with Ethiopia to develop 500 MW solar projects
Shuaa Capital sells 9m treasury shares
Salama reports higher net profits in 2020 audited financials; dividends proposed
Astra Industrial earnings jump 289% in 2020; dividends recommended
Egyptian Resorts Co registers lower losses in 2020
TASI ends Thursday’s session on marginal losses
CBI's board proposes capital raise through new shares issuance
Arab Drug sees 18% higher pretax profits in 8M
UAE stock markets maintain upward performance on Thursday
Financial institutions to record 30% higher sustainable bond issuance in 2021 - Moody's
South Valley Cement approves rescheduling debts
Ministry of International Cooperation holds second meeting for Kitchener Drain Depollution project
Microsoft cloud ecosystem to generate $27bn revenues in UAE by 2024
October Pharma profits jump 161% in 2020; dividends, bonus shares proposed
M&A Brief of the Week