Latest news

Date Title
Egypt’s LDF finances 2,194 small projects with EGP 24.3m in 6M
CBK launches Diraya campaign to address e-crimes, e-fraud
Saudi PIF may double loan to $15bn for investments
Localising remote customer service professions in KSA may create 20K new jobs
AMOC turns to losses in H1-20/21
UAE's non-oil economy records slight improvement in January - IHS Markit
Saudi PMI hits 15-month high in January
Al Rajhi Bank reports 4.3% higher earnings in 2020
EGA, Mubadala, Dubal Holding complete first H-Class gas turbine to power aluminium smelter
FAB launches sterling-denominated bonds worth GBP 400m
DFM's net profits rise 14% in 2020
Saudi Amiantit’s accumulated losses down to 27% of capital
RAKBANK witnesses 53% drop in net profits in 2020; dividends proposed
Ma'aden narrows losses by 71.7% in 2020
Mubasher’s DirectFN DMCC announces corporate name change to Global Financial Media (GFM) incorporating both Financial content & solutions and Mubasher Media businesses
Saudi goods reach 178 countries worldwide by 2020 end – Minister
SAMA nods to NCB, Samba merger
CBUAE appoints new Vice Governor
Solidarity Saudi Takaful announces CEO resignation
Sky Abu Dhabi Developments targets EGP 15bn investments in Egypt
MESC obtains SAR 50m loan from SIDF
TASI ends Tuesday’s session lower for third day
BMW Group to source solar aluminium from EGA
UAE'S CPI down 2% in December
Personal loans granted by banks in KSA rise 8.7% in 2020
UAE stock markets maintain positive performance on Tuesday
UAE reports 3,310 new COVID-19 cases
Egypt’s electricity ministry invests EGP 335m to develop Beni Suef’s power grid
Egypt allocates EGP 2.9bn for Fayoum in 2020-2021
Saudi Arabia launches system allowing consumers generate power from homes
Nozha International Hospital reports 18% lower profits in 2020
ADNOC signs AED 3.3bn real estate investment partnership with Abu Dhabi Pension Fund
United Arab Stevedoring’s losses down 4% in H1-20/21
Alexandria National Co for Financial Investment receives acquisition offer from UAE's company
Elsewedy Electric’s unit inks EGP 1.46bn deal with Starlight Developments
Saudi unemployment rate to improve in Q4 – Jadwa
Expo 2020 Dubai appoints Cisco to manage IT network
Aseer’s unit secures SAR 342m loan from Samba
Abu Dhabi's CPI down 2.6% YoY in November 2020
Samba, NCB to be named Saudi National Bank after merger
Agthia Group records lower net profits in 2020 initial results
National Building appoints new CEO
Wafa Insurance extends appointment of acting CEO for more 6 months
Dubai registers 35.5% higher residential property sales in H2-20
Ash-Sharqiyah Development hires financial advisor to manage rights issue
TASI edges down 0.62% on Monday
DAE prices $300m senior unsecured notes due 2024
Saudi industry minister names new Secretary-General for Saudi Exports
UAE stock markets resume upward performance on Monday
FOODICS secures $20m in new funding round
Egypt's aluminum, copper exports hit $748m in 2020
Saudi asset management industry resilient, cautiously optimistic in 2021 - KPMG
DAE delivers early redemption notice for $500m senior notes
Nationalisation rate in Saudi private sector rises to 21.81% in Q4
Canal Shipping Agencies reports 40% lower profits in H1-20/21
ACDIMA expresses interest to buy majority stake in GSK Egypt
Zahraa Maadi's net profits climb 20% in 2020; dividends proposed
Consumer spending in Saudi Arabia down 12% in 2020
ENOC completes pavilion's construction at Expo 2020
Orascom Construction adds new deals worth $920m in Q4-20
CBE issues EGP 23bn T-bills, bonds on Monday
TASI levels up 0.15% in January; market cap down
Aldar adopts new group operating model to promote growth
Al Rajhi Capital to pay SAR 45.3m in REIT dividends
Al Mazaya reports 3% lower losses in 2020
SIIG shuts down Jubail Chevron Phillips for scheduled maintenance
Sipchem suspends two plants for periodic turnaround maintenance
UAE stock markets witness positive performance in January
Aslak sees 181% higher profits in 2020
Alkhabeer Capital announces SAR 12.9m REIT dividends
Assets of Saudi public investment funds up 31% in 2020
Agility invests $35m in Queen's Gambit
TASI falls 1.19% at Sunday’s close
Egypt implements 689 projects in two years
Saudi GACA grants Saudi Aramco five operating licences
UAE stock markets see downward performance on Sunday
Saudi banks raise investments in gov’t bonds 14% in 2020
ADCB's net profits decrease in 2020; dividends proposed
Saudi MoF fulfils 100% of payment orders received during 2020
Nile Pharma's net profits increase 12% in H1-20/21
SABIC aims to achieve long-term growth – CEO
Dubai launches vaccine logistics alliance to support global COVID-19 vaccines distribution
Saudi Paper files lawsuit against ex-CEO for violations worth SAR 40m
Emaar Misr for Development's board nods to EGP 90m donations to Tahya Misr Fund
Albilad Capital to pay SAR 873K in cash dividends to Sukuk ETF
Yanbu Cement’s board recommends 36.5% capital cut
Arabian Centres partners with Quara Finance to support SME tenants
Misr Chemical Industries records 474% higher profits in H1-20/21
Bawan’s unit sells entire stake in Utec Algeria for SAR 30m
SIIG profits jump 273% in Q4
CBE offers EGP 26bn T-bills, bonds on Sunday
Jarir Marketing’s profits reach SAR 1bn in 2020
Dubai records AED 1bn trade with Israel in 5M
Petrochem's quarterly profit leaps 88%
UAE fuel prices remain unchanged in February; diesel prices drop
SABIC swings to profits in Q4
MIS extends SAR 216.3m loan deal with SABB
TASI returns to gains on Thursday
Tadawul to team up with FII for ESG investments
SAMI plans investing up to $7bn in partnerships, projects in coming period