Latest news

Date Title
APICORP mandates lenders for 5-year dollar bonds
Dubai Science Park attracts 60 science, healthcare companies in 2020
Egypt Aluminum plans EGP 13bn upgrade
Dice plans 52 branches, expects to turn profitable in 2021
Saudi industrial sector to drive post-pandemic economic recovery – Report
ADFD finances AED 4.7bn renewable energy projects in 10 years
Madinah offers project to develop hospitality, retail assets in Central Area
Raya Holding’s units acquire i2, URC
KSA trade surplus falls 61% in 11 months
Dubai's Seed Group partners with Silicon Valley-based automation startup
Speed Medical scraps plan to establish hospital management firm
SAGO buys 660K tonnes of animal feed barley
CBE offers EGP 14bn T-bonds on Monday
GMG opens mega-warehouse facility in Riyadh
Saudi Arabia sees 3% lower salaries for Saudi nationals in Q3-20
King Salman orders merging two ministries; names new SAMA governor
Saudi PIF seeks to double assets to SAR 4trn by 2025
Al Ramz purchases 8m shares in subscribed capital
CIRA acquires 51% of Innovvette for Education
EGX ends Sunday varied; market cap drops EGP 3.68bn
EGX approves listing stock-split shares of Electro Cable, Giza General Contracting
Egypt announces 25 January holiday for private-sector employees
UAE Cabinet adopts public debt strategy
Egypt’s inflation rate slows down to lowest rate in 15 years
FAB signs custodian agreement with Muscat Clearing, Depository
Suez Cement sells stake in Kuwait's Hilal Cement
Tabreed inks 30-year agreement with twofour54 to cool new headquarters
UAE stock markets end Sunday's session on varied note
UAE Murban tops OPEC's crude oil list in 2020
SODIC records EGP 7.4bn in contracted sales during 2020
SEC names new board chairman, deputy chairman
EGA extends partnership with LafargeHolcim for wastes' productive use in UAE
Dice considers withholding dividend payments
Alexandria Flour Mills sees 23% higher net profits in H1-20/21
Jafza partners with STAR-K Kosher to promote kosher-certified food production
Hadisolb's revenues hit EGP 555m in H1-20/21
Sidpec targets EGP 164m profit in 2021
Egypt launches COVID-19 vaccination programme on Sunday
UAE expected to see 13% growth in non-oil trade in 2021
CBE offers EGP 16bn T-bills on Sunday
Shuaa Capital's Nujoom funds distribute first cash dividends for Q4-20
S&P Global upgrades Walaa Insurance’s rating to A-
EWEC, Tadweer launch tender to develop waste-to-energy power plant
SPIMACO says fire breaks out at unit’s warehouse
Almarai reports 7.7% higher profit in Q4
Canal Shipping Agencies names new CEO, Managing Director
CBE announces 25 January Revolution holiday
Egypt’s AOI inks cooperation protocol to manufacture natural gas cylinders
Bahri’s unit secures SAR 1.2bn Murabaha facility from Samba
Emirates Waste to Energy Company to develop UAE's first solar landfill
SABIC Agri-Nutrients reports 32% lower profit in Q4
Gold gains EGP 2/gram on Thursday
ADFD completes AED 117m renewable energy projects in five countries
Saudi Kayan swings to profits in Q4
CIRA reveals impact of cancelling cap on foreign ownership of schools
Egypt-Sudan trade exchange hits $862m in 2020
STC Q4 earnings soar 15.6%; dividends approved
Egypt signs EUR 6m deal with EU to combat COVID-19
Shaker Group enjoys strong position to achieve growth in 2021 - Interview
Mubadala Petroleum signs agreement for Red Sea Block 4 in Egypt
UAE stock markets end Thursday in red zone
AIH's unit closes EGP 308m securitised bond sale
UAE approves Russia's Sputnik vaccine for emergency use
Delta Sugar moves to loss in 2020 initial results
UAE banks grant non-residents AED 19.7bn facilities in 11M
Egypt to implement ACI system in maritime ports in July
Saudi trade surplus with China down 64% in 2020
ITFC approves Murabaha financing facility to support SMEs in Bangladesh
HDB approves inauguration of three new branches
SAMA, HRSD team up to combat money laundering, terrorist financing
Egypt inks five gold exploration deals with $13m investment
Obour Land logs EGP 310m profit in 2020
Empower registers 3% higher net profits in 2020
Three companies eye $10bn stake in Saudi Aramco's oil pipelines
Egypt’s banking sector forecast to remain stable in 2021 - Moody's
EBE's board approves EGP 546m capital raise
SAGO offers tender to buy 480K tonnes of feed barley
du, Etisalat increase foreign ownership limit to 49%
CBE offers EGP 19.25bn T-bills on Thursday
Saudi real estate price index down 0.2% in Q4
Agility raises credit facility with local, international banks to KWD 240m
STC launches cybersecurity company
Al Ramz Corporation purchases 2m shares in subscribed capital
M&A Brief of the Week
International Holdings achieves AED 3.02bn net profits in 2020
BCI announces CEO resignation
SADAFCO sees 5.7% lower profits in Q3
Egypt announces January Revolution, National Police holiday
EFG Hermes closes EGP 170m securitisation issuance for Premium International
FAB acquires Bank Audi Egypt
EGX30 ends Wednesday near 11,600 pts; market cap grows about EGP7bn
Abu Dhabi records AED 9bn investments in renewable energy - official
Yansab's net earnings soar 94% in Q4
Dubai Investments' unit nears completion of four Expo 2020 pavilions
Egypt’s manufacturing index rises 0.84% in November 2020 – CAPMAS
TASI ends Wednesday on marginal losses
Egypt’s holdings of US Treasuries hit $2.244bn in November 2020
Masdar partners with Emirates NBD Asset Management for UAE’s first green REIT
NCB Capital to see long-term benefits after NCB, Samba tie-up – Moody’s
ADCB Egypt mulls EGP 2-3bn loans