Latest news

Date Title
Egypt's sovereign fund plans to franchise out Wataniya fuelling stations
UAE stock markets close Tuesday in green zone
DAE signs agreement with IndiGo to lease Airbus aircraft
Dice’s shareholder trims stake for EGP 34m
CBUAE inks MoU with Hong Kong Monetary Authority to promote fintech co-operation
Arab Moltaqa Investments posts 24% higher profit in 2020; dividends proposed
Delta Sugar to add new activity
Arab Brazilian Commerce Chamber to open int’l offices in Saudi Arabia, Egypt
Emirates NBD Capital completes 60 debt capital transactions in 2020
Orascom Development Egypt reports 32% higher real estate sales in Q4-20
Egypt to replace all state employees' payroll cards with Meeza by December-end
Peru's exports to UAE record $3.3bn accumulated growth by end of 2020
Egyptian banks instructed to allocate 25% of loan portfolio to MSMEs
Saud Arabia’s inflation expected to rise in Q1-21
Egypt receives 300k doses of China's COVID-19 vaccine
International Holdings opens AED 200m seafood processing facility
Al Ramz turns to losses in 2020
Investcorp’s portfolio company Ageras raises $73 million in new capital
du increases foreign ownership limits to 49%
Etisalat's board recommends AED 3.477bn dividend distribution for H2-20
Walaa Cooperative sees 213.6% higher profit in 2020
Mashroak finances MSMEs in Beni Suef with over 1bn
EGX30 nears 11,550 pts at Monday's close
Non-resident deposits in UAE banks exceed loans by AED 20.1bn in 2020
Tihama’s unit extends exclusive distribution deal with Houghton Mifflin Harcourt
TASI closes Monday’s session down
Nassef Sawiris accepts $4.7bn acquisition bid for Signature Aviation
ENOC opens world's first platinum certified service station at Expo 2020
Alkhorayef Water’s retail offering 1,511% oversubscribed
Al Mazaya's OGM agrees to extinguish KWD 4m accumulated losses
Business owners, employees in KSA encouraged to access Qiwa platform's services
du selects Ericsson to transform 5G RAN
500 Startups, Sanabil Investments to launch Sanabil 500 MENA Seed Accelerator
Egypt to disburse third batch of irregular workers’ aid on 7 March
UAE stock markets end Monday on varied note
Foreign investors on Tadawul sell SAR 116.8m of stocks last week
UAE records 2,105 new COVID-19 cases
UAE's food packaging industry to hit AED 14bn in upcoming five years
Saudi Egyptian Investment and Finance sees 15% higher profit in 2020
United Housing's profit declines 22% in 2020
SAGO buys 355K tonnes of wheat from Saudi investments abroad
Majid Al Futtaim joins blockchain-based IBM food trust for food traceability
Heliopolis Housing reveals reason behind delay in filing Q2-20/21 financials
UAE's Gulf Capital sells 70% stake in Turkey's Turknet
Nasr Company for Civil Works turns to loss in 2020 initial results
CEO of SAICO to retire this year
Morocco's court rules against Aramex in fire incident-related suit
Egypt to provide 20m doses of COVID-19 vaccine in days
Horizon Capital AG adds Sharia-compliant fund to offerings
Suez Canal Bank's profit up 11% in 2020
CBE offers EGP 14bn T-bonds on Monday
Investcorp acquires majority of US-based KSM Consulting
Wafrah CEO relieved of his post
Sulaiman Al Habib’s unit inks SAR 71m deal for structural works of new hospital
Emirates Insolaire completes PV solar panels at Expo 2020 Monaco pavilion
SAMI, Lockheed Martin to form JV to enhance Saudi defence sector
Abu Dhabi Maritime, ADNOC inks 5-year deal to boost maritime safety
Amman Court requests executive seizure of MESC Jordan’s funds
Egytrans reports 59% lower profit in 2020 initial results
Egypt expected to add 7,000 hotel rooms by 2023 – Colliers
EGX ends Sunday in green; market cap up EGP 4.3bn
Egypt to receive new batch of COVID-19 vaccine in hours
MIS signs deal with InTouch Health to establish virtual clinics
MIS sees 19% higher profits in 2020
Egypt’s FRA approves maximum limit on trading value for youth under 21 years old
Profits of three Saudi telecom companies hike 8.5% in 2020
TASI adds 61.74 pts on Sunday
Hadisolb generates EGP 619m revenue in seven months
Mubadala considers Yahsat IPO - CEO
EMPC logs EGP 67m profit in 2020 initial results
Mobily's reliance on digital channels helped mitigate Covid-19 effects – CEO
UAE stock markets end Sunday's session on negative note
Egypt’s food exports total $3.5bn in 2020
ADX lists Chimera S&P UAE UCITS ETF Fund
Port Said collects EGP 2.9bn customs, taxes in January
ADGM Registration Authority joins International Association of Insolvency Regulators
Unipack's profit sinks 57%; dividends proposed
Raya Holding's unit mulls EGP 600m securitisation bond issuance
UAE announces 2,250 new COVID-19 cases
Tweeq inks partnership deals with Mastercard, Paymentology
Egypt to build roads in Matrouh at EGP 550m cost
GNH's vessel signs $5.5m contract after completing dry dock
Egypt’s manufacturing index up 2% in December 2020 – CAPMAS
Deyaar's board proposes no capital reduction
SAMA launches instant payment system
Ibnsina Pharma inks deal to import, distribute Bayer's products
Sharjah Islamic Bank's OGM approves 8% dividends
Alexandria Pharmaceuticals targets EGP 208m profit in FY21/22
El-Sisi directs gov't to strengthen financial system governance
DIB's shareholders to authorise board to issue senior, additional Tier 1 Sukuk
ADIB Egypt's profit edges down in 2020
MedGulf names new CEO
CBE offers EGP 16bn T-bills on Sunday
RAK Properties registers 22% higher profits in 2020
Riyad Bank posts 15.8% lower profits in 2020
Ithmaar Holding sees $42m net losses in 2020
Mobily’s profits soar to SAR 783m in 2020
Deyaar logs AED 217m net losses in 2020
Zain KSA annual profit slides 46.4%
Sulaiman Al Habib profit tops SAR 1bn in 2020; dividends proposed