Latest news

Date Title
Sidpec mulls offer to transfer polypropylene licence to RSNCRP
GUPCO plans to raise daily output to 70k barrels
Talaat Moustafa Group's profit down 11% in 2020 initial results; dividends proposed
Tabreed plans $400m energy investment platform in Singapore
Emaar Properties, Emaar Malls planning merger
Egypt's non-oil private sector declines at softer pace in February
DFM executes DXB Entertainments’s capital hike
Saudi PIF likely to close its biggest-ever loan deal this week
Social Housing and Mortgage Finance Fund approves FY21/22 budget at EGP 42bn
DFM lists Chimera S&P UAE UCITS ETF
Orascom Construction to build Magdi Yacoub Global Heart Centre
Business conditions in Saudi Arabia improve more slowly in February
About 400 companies use Egypt's e-invoicing system
Sharjah appoints banks for dual-tranche bonds
Mubadala hires banks to manage EUR bonds issuance
Al-Rajhi Takaful posts 131.3% profit hike in 2020
Alhokair, ACC to acquire 51% stake in UK's Vogacloset
Alinma Bank plans SAR 0.3/shr dividends for 2020
Asmak Co ups stake in Porto Group Holding for EGP 30m
Lecico Egypt's loss narrows 26% in 2020
Egypt to receive another 300k doses of Chinese COVID-19 vaccine
Fitaihi Holding sells entire stake in Al-Jouf Agricultural for SAR 125.7m
Saudia Cargo, Alibaba’s Cainiao team up to boost e-commerce
Saudi banks’ investments in gov’t bonds jump 15.45% in January
MSMEDA provides EGP 13.5bn funding to micro-enterprises in six years
Egypt-Swiss ongoing cooperation portfolio amounts to $58m
TASI wins 109.91 pts on Tuesday; turnover at SAR 15.27bn
UAE bourses end Tuesday’s session higher
Foreign investment in Egypt's debt instruments hits record high
Minka Development plans EGP 500m investments in 2021
Saudi Shura Council approves agreement with UAB to open office in Riyadh
Prime Speed cuts targeted stake in New Al Safwa Specialized Hospital
Abu Dhabi’s industrial sector accounts for 10.7% of non-oil GDP
ADNOC to ease output cuts in April
Saudi Arabia to launch real estate stock market - Minister
El-Sisi delays enforcement of real estate registry law amendments for two years
Dubai receives more than 451,000 visitors in January
IHC-backed SpaceX completes $850m funding round
Domty's board proposes cash dividends for 2020, authorised capital reduction
Rameda's profit up 36.5% in 2020 on higher revenue; bonus issue proposed
Tadawul’s foreign investors buy SAR 340.5m of stocks in February
Mopco's consolidated profit grows 51% 2020
Tadawul delists Solidarity’s shares after merger with Aljazira Takaful
Banque Saudi Fransi proposes 4% dividends for 2020
NCB, Samba shareholders approve merger agreement
Saudi Paper swings to quarterly profits
Palm Hills Developments to acquire 28% of Palm Hills Education
FRA greenlights NBK Egypt's capital raise
Domty's profit edges up in 2020
EBE's shareholders approve EGP 545.6m capital raise via bonus issue
Al Baraka Bank - Egypt records 18% higher profit in 2020; bonus issue proposed
MNHD obtains Civil Aviation Authority’s approval for extra heights in Taj City
Al Mashaar REIT to invest SAR 135m in commercial building
Palm Hills Developments posts 15% lower profit in 2020; dividends proposed
MEPCO extends SAR 93m loan deal with Samba
Egypt launches digital campaign on private sector engagement towards sustainable future
TASI edges down 0.07% at Monday’s close; NomuC rises
KSA continues to lead IPO market in MENA with $1.45bn raised on Tadawul in 2020
Mubasher among top brokerage firms in February with EGP 4.08bn transactions
Expat remittances in KSA drop 11.75% in January
Misr Chemical Industries eyes EGP 100m profit in FY21/22
Ibnsina Pharma completes procedures for setting up new fintech firm
Saudi foreign reserves slide 10.3% in January
Prime Holding's loss more than doubles in 2020
Ibnsina Pharma's profit slides 32% in 2020; bonus issue proposed
FAB approves cash dividends of AED 8.08bn for 2020
CIB's board approves capital hike via 1bn bonus shares
Amanat acquires Cambridge Medical and Rehabilitation Centre for $232m
SAMA’s assets down 3.3% in January
Beltone Financial Holding's loss widens 45% in 2020
Al Akaria raises stake in subsidiary to 100%
BCI names new CEO
Al Rajhi Bank plans 10% dividends for 2020
Heliopolis Housing postpones land auction to 31 March
Al-Jouf Agricultural turns to profits in 2020
Saudi Vitrified Clay profits grow 21.6% in 2020
Arabian Cement reports 11.4% profit drop in 2020; dividends proposed
Arabia Insurance to provide general, motor insurance services to Aljomaih Group
Al Akaria’s unit pens SAR 104.7m deal with Saudi Entertainment Ventures
CIB posts more than EGP 10bn profit in 2020
Maadaniyah plans capital reduction, increase
Herfy Food expands to Nigeria
CBE offers EGP 12bn T-bonds on Monday
Mubasher Capital obtains custodian licence
Radix Development to launch EGP 850m project in New Administrative Capital
EGX ends Sunday in red on foreign selloffs, market cap loses EGP 5.2bn
City Cement sees 16% higher profit in 2020; dividends approved
Pioneers Holding's profit down 12% in 2020
Tawuniya renews health insurance deal with SAUDIA
Sumou Real Estate reports higher annual profit, plans 50% capital raise
Arab Dairy swings to loss in 2020
Bahri's annual profits advance 153.1%
Speed Medical's unit joins alliance to acquire Alexandria New Medical Center
TASI levels down at Sunday’s close
Saudi non-oil exports down 11% in 2020
Egypt partners with UNDP, Catalyst Partners to promote SDG impact investing
UAE stock markets end Sunday’s session higher
Suez Port collects EGP 2.58bn customs, taxes in January
Amer Group allows unit to sign two agreements
MNHD logs EGP 1bn profit in 2020; dividends, bonus issue proposed