Latest news

Date Title
Expo 2020 Dubai to host Climate and Biodiversity Week
UNICEF provides Egypt with $103m in 2018-2020
Yansab earnings drop 8% in Q3-20
Kima suffers EGP 1.35bn loss in FY19/20 modified results
STV leads 30% of total venture capital funding in KSA since 2018
KSA’s CITC launches new brand identity
ADX loses AED 10bn on Sunday
DFM ends Sunday down; market cap gains AED 4.7bn
National Water Company completes SAR 313m project in Riyadh
UAE detects 1,215 new COVID-19 cases
Dubai's inflation declines 3.4% YoY in September
Talaat Moustafa considers development of 5K feddans in Capital Gardens City
Egypt’s first green bonds to finance five projects worth $500m
DFM launches new Futures Trading Platform
Yasmine Khamis named Chairman of Oriental Weavers Carpet
US Bechtel wins contract for Egypt Aluminum’s seventh production line
UAE banks invest AED 276.8bn in debt securities in August
Faisal Islamic Bank's standalone profit drops 36% in nine months
Citrix names Mohammad Kiki as Saudi Arabia's country manager
Egypt records 3.6% economic growth amid COVID-19 crisis
UAE holdings in US bonds up 24% MoM in August
Online platforms for professional development - Interview with Zedny
Saudi investments in US treasury bonds up $5.4bn monthly in August
UAE banks' loans hit AED 1.8trn in August
Second stage of Umrah return begins today
Alexandria Container’s profit falls 34% in Q1-20/21 initial results
Jazadco changes company’s logo
Shuaa appointed advisor to 500 Startups' Falcons 1 fund
CBE offers EGP 19bn T-bills on Sunday
Saudi Vitrified Clay Q3 profit down 38%
Agility's unit wins concession at Baghdad International Airport
Saudi Vitrified Clay cancels deal to buy 75% of Advanced Piping
Amanat invests AED 18m in US edtech company
Banque Saudi Fransi plans issuing SAR-denominated Additional Tier 1 Sukuk
Thoub Al Aseel logs 13% higher profits in Q3
Egypt’s non-oil exports drop to $18bn in nine months
Egypt to invest EGP 725m in Siwa Oasis developmental projects
Siemens inaugurates service centre in Ain Sokhna
EGX ends Thursday in red; market cap loses EGP 1bn
Egypt's women entrepreneurs obtain 51% of microfinance loans
UAE announces 1,398 new COVID-19 cases
TASI maintains negative performance on Thursday
Egypt forms committee to support Kitchener Drain Depollution Project
IFA repays first installment in KWD 25m loan
Mohandes Insurance's shareholders approve EGP 25m dividends for FY19/20
Al Ramz's unit executes first Covered Short Selling using SLB facility on ADX
ADX ends Thursday's session in red zone
Egyptians for Housing sells entire stake in Odin Investments
DFM loses AED 2.6bn on Thursday
Egypt launches second phase of building 1,000 language schools
Saudi Arabia's CPI rises 5.7% YoY in September
Amer Group's unit pens EGP 450m funding deal with Ahli United Bank
Saudi wholesale prices rise 6% in September
Egypt lists debut green bonds on London Stock Exchange
ADPF, ADQ to invest $2.1bn in ADNOC gas pipeline infrastructure
Porto Group inks EGP 500m Musharakah deal with Banque Misr
Mubadala acquires 3.1% stake in Spain's Enagas
M&A Brief of the Week
Egypt connects over 1m households to natural gas grid every year
Shuaa Capital's OGM nods to $150m bond issuance
CBE offers EGP 21bn T-bills on Thursday
Zain KSA sets subscription period for rights issue, new shares
Abu Dhabi's economy expected to grow 5% in 2021
Yanbu Cement’s profit climbs 34% in Q3 on higher revenue
Egypt posts EGP 100m primary surplus in Q1-20/21
DFM announces AED 76m direct deal on Amanat's shares
Zain KSA's EGM agrees on 100% capital rise through rights issue
Dana Gas enters $90m credit facility agreement with Mashreq Bank
Arab Moltaqa cuts stake in Arab Engineering Industries
Rakta Paper inks consulting deal with India’s C2C
NUCA offers land plot for entertainment investment in New Damietta
TASI ends Wednesday’s session on marginal losses
Egypt’s senior citizens get free public transport starting Thursday
stc sees rise in female employees this year
CBUAE withdraws AED 10.9bn excess liquidity in August
Salama's shareholders agree on 3% dividends for H1-20
G24 call for assisting developing countries address financing needs amid COVID-19
Dubai-based NY Koen's unit bids to acquire Israir
Google launches initiative to boost economic recovery in MENA
New programme to upgrade all services provided in Saudi cities launched
ADX ends Wednesday up; market cap gains AED 1.3bn
Saudi justice ministry receives over 11K property e-conveyance applications since March
DFM loses AED 2.3bn on Wednesday
Gharbiya receives EGP 638m reconciliation requests on building violations
UAE records 1,431 new COVID-19 cases
Saudi Arabia launches first locally-made fast interceptor
Speed Medical denies reports of board resignation
Dubai records 50% QoQ higher property sales volume in Q3-20
Egypt’s AOI inks protocol of cooperation with Triangle Group
UAE cuts oil output to 2.5m bpd in September
Blended financing to relieve debt crisis for developing economies amidst pandemic -Egypt’s Al Mashat
AT Lease starts factoring operations
Speed Medical to acquire all shares of Haya Labs
CBD starts marketing perpetual dollar bonds
Egypt sole emerging economy to achieve growth in 2020 – Maait
MedGulf to provide health insurance services to SEC
ADIB sees surge in demand for digital banking services in 2020
NCB, Samba create joint website
National Building profits fall 75% in 6M
IFA turns to profitability in 9M