Latest news

Date Title
ADIB sees 39% lower net profits in 9M
Ataa Educational secures SAR 50m loan from Samba
Japan lifts ban on Egypt's citrus imports
Amlak International quarterly profit down 6%
ADCB to sell stake in two insurers to Orient Insurance Company
SARCO returns to profitability in Q3
SAIB’s digital payments hit EGP 7bn at August-end
NCB leads six companies to account for 74% of third-quarter profits
Dana Gas fully redeems $309m outstanding Sukuk
ADX closes Monday on marginal gains
DFM resumes upward performance on Monday
UAE's non-oil foreign trade declines 3% in Q1-20
Egypt in talks with Chinese firms to build PV manufacturing complex
UAE-based global EdTech firm acquires UK's leadership education firm
Egypt’s parliament approves EUR 225m loan from AfDB
Saudi consumer spending falls 5.6% in 9M
Speed Medical’s profit triples in 9M
Binghatti Developers launches Binghatti Avenue's second phase
Misr Hotels shareholders approve cash dividends for FY19/20
Afghanistan Civil Aviation terminates contract with Agility's unit
Mubadala to take stake in G42 to leverage technology portfolio
Sidpec incurs EGP 75m loss in 9M
Nile Cotton Ginning turns to loss in Q1-20/21 unaudited financials
EBE secures $15m loan from Green for Growth Fund
SACO permanently closes Al Qasr Mall showroom
CBE offers EGP 25bn T-bills, bonds on Monday
DIB completes integration of Noor Bank
MedGulf posts 44% profit hike in Q3
Saudi Enaya losses down 69% in Q3
IsDB's private arm lists $600m Sukuk on Nasdaq Dubai
Al Etihad Cooperative Q3 profits advance 111%
Tawuniya logs 4.3% higher profits in Q3
Eshraq Investments turns to losses in 9M
Ash-Sharqiyah Development’s quarterly losses down 52.7%
Jadwa Investment approves SAR 28m REIT dividends for Q3
Chubb Arabia, Sipchem renew SAR 48.7m insurance deal
Egypt’s parliament approves new pay system for teachers at EGP 6.6bn cost
El Kahera Housing sells property for EGP 150m
TASI maintains downward performance on Sunday
EGX30 falls below 10,500 pts at Sunday's close
Zain KSA’s rights issue 86.76% subscribed at value of SAR 3.9bn
UAE Cabinet approves AED 58bn budget for 2021
UAE ranks second among world's largest remittance sources
EGP rises against USD in 10 months
SACO's net profits jump 12.6% in Q3-20
UAE registers 1,278 COVID-19 cases
How would the US elections impact the global economy?
ADX closes Sunday in red zone
DFM loses 35 pts on Sunday
SODIC's shareholders approve capital raise
DEWA to invest AED 86bn in energy sector in next 5 years
Capital Link invests EGP 650m in three projects in new capital
Egypt Aluminum's loss shrinks 46% in Q1-20/21
Emirati banks report 11% higher assets in 9M
Porto Group to rebrand to Porto Developments
FAB fully digitises account opening process for SMEs
Speed Medical partners with Nile Scan to build diagnostic radiology centres
Suez Cement, Tourah Portland Cement approve FV studies, MTOs
Riyad Bank sees 14% lower profits in Q3-20
M&A Brief of the Week
Egypt Free Shops reports 32% lower standalone profits in Q1-20/21
Bank Aljazira posts 29% decline in Q3 profit
CBE offers EGP 25bn T-bills, bonds on Sunday
Agthia Group reports AED 10m profits in 9M
SAIB’s profit falls in Q3-20
ADX appoints new CEO
United Fidelity logs AED 23.5m accumulated losses
EGX indices decline during October
TASI falls 2.65% at Thursday’s close
Nama Chemicals’ losses deepen 55% in Q3
Sulaiman Al Habib’s unit receives SAR 2.2bn loan from SABB
MIS to pen SAR 40m deal with Saudi health ministry
Al Jouf Cement profits skyrocket 643% in Q3
Egypt’s real estate GDP to grow by 4.7%
OMV, Mubadala complete Borealis transaction
Saudi POS sales climb 33% in September
Egyptian-Iraqi high committee meetings launch in Baghdad
Saudi general reserve slides 15% in September
Expat remittances in KSA jump 18.5% in 9M
Saudi Paper returns to profitability in Q3
UAE issues 34,780 new business licenses in 10M
SEC quarterly earnings down 18%
Malath Cooperative renews auto insurance contract with Bank Albilad
Saudi Cement sees 28% rise in quarterly profit
stc assigned highest grade credit rating by Tassnief
SAMA’s assets drop 5% in September
Saudi foreign reserves down 10% in September
Al Babtain extends MoU with SEII until 28 January 2021
Egypt extends deadline for reconciliation over building violations until November-end
FAB resumes Bank Audi Egypt acquisition talks
Egypt signs AI training agreement with Google
UAE announces fuel prices in November
Amr Mahfouz named CEO of ITIDA
Savola Group profits up 28% in Q3
CBD records 23% lower net profits in 9M
Mawani, KPMG Al Fozan sign deal to achieve financial sustainability
Remittances from Egyptian expats rise to $27.8bn in FY19/20
stc to provide 71 additional Saudi cities with 5G network
ADX ends Wednesday in green zone
DFM closes Wednesday down; market cap records AED 309.16bn