Latest news

Date Title
Tadawul to team up with FII for ESG investments
SAMI plans investing up to $7bn in partnerships, projects in coming period
Saudi NEOM in talks over cloud computing deal
Net FDI inflows in Saudi Arabia rise to $4.7bn in 2020 - UNCTAD
Saudi ports record 4.36% hike in containers in 2020
GCC debt issuance exceeds $100bn in 2020
Agthia takes over Kuwait’s Al Faysal Bakery and Sweets
GACO’s EGM cancels 2019 dividends
Dubai Insurance profits down 27% in 2020; dividends proposed
BCI appoints temporary CEO
Saudi competition authority approves NCB-Samba merger
NCLE acquires Refan Company for Operation for SAR 946K
Arabian Centres receives SAR 350.3m in full dues from related party
UC Developments plans EGP 5bn projects in New Capital, New Alamein in 2021
EGX ends Wednesday in green; market cap gains EGP 5.2bn
Hadisolb's stock plunges 40% since liquidation announcement
PIF, Cosco Shipping Ports buy stake in RSGT for SAR 556.5m
Misr Hotels swings to loss in H1-20/21
Egypt pays EGP 10.3bn in overdue export subsidies
Savola Group profits tumble 67% in Q4; dividends proposed
TASI levels down on Wednesday; NomuC rises
Egypt approves deal with French firm to operate electric train project
Emirates Islamic moves to loss in 2020
Quara Finance to provide advanced fintech solutions for consumers, SMEs
Egypt expects AstraZeneca COVID-19 vaccine shipment in February
Egypt builds Cairo Metro Line III at EGP 97bn cost
Industrial production in KSA down 10% in November
Saudi gov’t is spending SAR 25bn on projects in Asir
CBE allows young people aged 16 years to open bank accounts
Hikma Pharmaceuticals allowed to conduct due diligence on GSK Egypt
Sarwa Capital's board proposes rebranding to Contact Financial Holding
Spending on ICT in Saudi Arabia to reach $32.9bn this year, IDC predicts
Egypt Aluminum's loss shrinks 43% in H1-20/21
KSA issues international bonds worth $5bn
FAB records AED 10.6bn profit in FY20; dividends proposed
Emirates NBD's profit more than halves in 2020 on higher provisions
EGX to close on Thursday
Egypt remains Africa’s leading destination for foreign direct investment
Saudi economy expected to grow 2.6% in 2021 – IMF
Saudi Printing’s unit pens AED 475m loan deal with CBD
Aljazira Takaful’s EGM greenlights capital raise to merge with Solidarity
Tamam app launches Sharia-compliant microfinance scheme
Tahya Misr Fund supports projects in Aswan with EGP 320m
EGX gains EGP 1.6bn in market cap at Tuesday's close
ICD considers financing projects worth $45m in Egypt
NCB offers USD-denominated Additional Tier 1 Sukuk at SAR 1.25bn
STC mulls IPO of its Solutions by STC
DirectFN to bring latest fintech-style technology across Uzbekistan
Egyptian Banking Institute, Go1 join forces
UAE banking sector to continue witnessing 2020 shocks: S&P Global
Egypt upgrades electricity networks in Minya with EGP 721m in six years
TASI loses 57.08 pts at Tuesday's close
Egypt’s development goals not derailed by pandemic – El-Mashat
Saudi Arabia could be Mideast’s busiest construction market next decade
Dubai-based spiderSilk raises $2m in pre-series A funding round
Saudi PIF seeks to lure international health, technology companies
Egypt’s GDP seen growing 5.4% in 2021 – UN
UAE stock markets end Tuesday in red zone
Hikma Pharmaceuticals to acquire majority stake in GSK Egypt
KSA negotiating with vaccine producers to provide vaccines to Yemen, Africa
UAE announces 3,601 COVID-19 cases
Egypt allocates 48 land plots for malls in New Sohag with EGP 360m investment
KSA begins marketing dual-tranche dollar bonds
STC is most valuable telecom brand in Mideast region
Noon launches warehouse in EZDubai
Saudi gov’t focus on balancing growth, stability to drive property market - JLL
Egypt Aluminum says final upgrade cost not determined yet
Fujairah Building Industries records 13% lower profits in 2020
Raka Paper's loss narrows 9% in H1-20/21
ADNOC Distribution opens 64 new stations across UAE in 2020
KSA to announce national investment strategy soon
Speed Medical inks final deal to acquire Masr Beni Suef Labs
ECI, DMCC, flydubai join World Logistics Passport
Altus Strategies subsidiary awarded gold exploration licences in Egypt
Egypt’s stocks expected to rebound on EM rally – Renaissance Capital
Saudi Arabia to receive AstraZeneca shots soon from India
Ajman sees AED 407m exports with India in 2018-2020
DP World signs 20-year agreement with Angola to operate terminal
MIS’ unit hires financial advisor to list on NomuC
DFM licenses Al Ramz Capital, Al Ansari as short term margin trading providers
Amana Cooperative receives go-ahead for SAR 110m capital cut
Export Development Bank of Egypt receives FRA's approval for capital raise
EGX ends Monday varied; market cap loses over EGP 1bn
Giza General Contracting’s stock surges to all-time high record
Hail Cement profit jumps 82% in 2020
Abu Dhabi Ports inks agreement to develop grain storage at Khalifa Port
Extracted Oils sees profits jump 175% in H1-20/21
National Building's CEO resigns
Egypt’s iron, steel, cement exports hit $772m in 11 months
TASI ends Monday’s session on marginal gains
Giza General Contracting awarded EGP 600m contract in New Mansoura City
Jadwa Investment to pay SAR 30m in REIT dividends
Egypt aims for development of 3,500 villages in three years
City Edge Developments inks EGP 1bn cooperation protocol with CIB
KSA startup venture capital funding hits record high of $152m in 2020
Air Arabia resumes flights between Alexandria, Doha
Saudi NWC completes sanitation projects worth SAR 140m in December
Saudi ACWA Power, Uzbekistan energy ministry see major milestones
UAE stock markets end Monday in green zone
Ibnsina Pharma eyes new contracts with foreign firms in 2021