Latest news

Date Title
Remco's EGM approves Technolease's offer to acquire Orient Tours
MM Group annual profit down 22%; bonus shares proposed
Dubai Investments' board proposes 8% dividends for 2020
Masdar, Malaysia's Petronas ink MoU to explore renewable energy opportunities
NMC partners with Tabrak Najed to develop Riyadh Care Hospital
Lawsuit filed against BinDawood’s Danube by Arab Dalla dismissed
CBE offers EGP 18bn T-bills on Thursday
Dubai-based Ayana forms joint venture with Marsan for $1.6bn project in US
Saudi Fisheries’ losses increase 37% in 2020
Shuaa Capital reports 168% higher profits in 2020 consolidated financials; dividends proposed
Saudi Al Alamiya profits shrink 94% in 2020
Sipchem posts 41.3% lower earnings in 2020
Dana Gas's board proposes 5.5 fils/shr dividends for 2020
Tihama buys 35% of unit at SAR 7.25m
Arriyadh Development plans SAR 0.65/shr dividends for H2-20
City Cement to set up new subsidiary at SAR 500K
Egypt not to accept paper invoices for VAT refund in 2022
Edita receives FRA's approval for capital reduction
Egyptian pound at strongest level since October 2016
EgyptAir Tourism and Duty Free inks cloud deal with IBM
TASI hits highest level since 2015 at Wednesday's close
Egypt's GDP grows 2% in Q2-20/21; urban inflation seen in single digits this year
Hassan Allam's unit offers to integrate businesses with Egytrans
UAE, Africa to foster trade exchange through export credit alliance
Al Shams Housing's profit up 10% in 2020 initial results
El-Tor Port receives first commercial Ship in years
Saudi Arabia's PIF inks $15bn revolving credit facility
UAE stock markets resume upward performance on Wednesday
Misr Chemical Industries targets EGP 203m investment in FY21/22
UAE records 2,204 new COVID-19 cases
Settlement deals on reopening Damietta LNG plant enter into force
Arab Health, Medlab Middle East support Dubai economy with AED 756 million in 2020
EGX approves listing Fawry's capital raise shares
Dubai extends freeze on government fees until 2023
Qatar Petroleum signs agreement to develop LNG carrier designs
SABIC posts SAR 70m annual net profits in 2020
ADNOC partners with Malaysia's Petronas to collaborate in oil, gas value chain
Advanced Petrochemical's unit receives approval to allocate feedstock for petrochemical complex
Egypt inks $3.5m grant deal with Japan, UNIDO to support circular economy
Abu Dhabi Aviation's OGM nods to 10% dividends for 2020
Egypt’s annual headline inflation stable at 4.9% in February
Bank loans rise to EGP 2.38trn at end of October 2020
DXB Entertainments' OGM approves capital rise, bank debt conversion
Bank deposits grow to EGP 5.08trn at end of October 2020
DIFC records 20% higher number of new operating companies in 2020
UAE banks' profitability expected to remain under pressure in 2021 - Moody's
FRA approves Al Baraka Bank - Egypt's capital raise
Eastern Mediterranean Gas Forum's statute enters into force on 1 March
EGX30 slides below 11,350 pts at Tuesday's close
Gold gains EGP 10/gram on Tuesday
Petrochem's board proposes 7.5% dividends for 2020
Egypt inks deal to implement smart app system for managing Knowledge City
Egypt to start pilot operation of new capital's government district in August
Mubasher's Du seeks to turn novice investors into professional traders
Northern Cement achieves 17% higher net profits in 2020
TASI, NomuC end Tuesday’s session higher
UAE stock markets end Tuesday on negative note
Saudi Arabia is one of largest 20 countries investing in Malaysia – Minister
INTERCEM discusses supporting women in cement industry
ADQ develops DisruptAD to support venture capital efforts
CBE to launch multicurrency real-time gross settlement on 22 March
ADCB appoints financial advisor to sell stake in Alexandria Medical Services
Egypt’s trade deficit shrinks 14% in December 2020
Over 500,000 Saudi companies use HRSD Qiwa platform
Saudi Ceramic receives go-ahead from CMA for 33.3% capital raise
Egypt to launch vehicle replacement initiative before March-end
Hub71 launches new value creation programme to enable global tech startups to grow
FRA orders suspension of trading on Remco's stock
Shell Egypt sells onshore upstream assets in Egypt for $926m
UAE issues operating license for Barakah Nuclear Power Plant's Unit 2
Sidpec's board approves transfer of polypropylene licence to RSNCRP
Dubai sees 16% MoM higher transactions in property market
Saudi Real Estate Refinance Co sells domestic Sukuk
Egypt spends EGP 36bn annually on commodity subsidies
Wataniya Insurance profits decline 36% in 2020
Dubai's non-oil economy continues recovery in February - IHS Markit
Makkah Construction turns to loss in 2020; no dividends proposed
AXA Green Crescent logs AED 79m accumulated losses
Bupa Arabia annual earnings jump 15.6%
Agthia's board proposes 16.5% dividends for 2020
Al Kathiri Holding reports lower annual profit; plans 25% capital hike
Watan Developments plans EGP 5bn investments in Egypt by 2025
Egypt completes construction works of three cotton ginning factories
EGX loses EGP 4.9bn in market cap at Monday's close
National Building signs agreement to acquire Ajeej Steel for SAR 180m
Saudi Arabia to resume livestock imports from Australia after 13-year halt
FRA approves CIB's capital raise
NCB expects local cement sales in KSA to grow 3.5% in 2021
Startupbootcamp FinTech Dubai concludes third cycle by empowering 11 startups
Petroleum Marine Services executes 87 projects worth $171m in 2020
TASI levels up 0.25% on Monday; NomuC down
MIDBank's profit leaps 165% in 2020
Egypt implements $3.3bn projects to achieve gender equality
UAE stock markets maintain downward performance on Monday
Social Development Bank provides SAR 13bn in loans to support Saudi women
ADQ inks agreement to merge Rafed, Union71 into Pure Health
UAE’s real estate sector demonstrates resilience amid COVID-19
Egypt intends to launch new export support programme in July
Alawwal Bank, SABB merger targeted to complete on 14 March
Remco's stake in Orient Tours valued at EGP 1.09bn