Latest news

Date Title
NCB Capital announces material development to AlAhli REIT Fund 1
Shuaa Capital invests in technology streaming service
SADAFCO to pay SAR 96m dividends for 6M
El-Sisi inaugurates Go Green Exhibition for clean energy vehicles
Shell Egypt inks production sharing contracts with Ministry of Petroleum
AT Lease's unit receives preliminary approval to issue securitised bonds
DFM licenses BH Mubasher as first short term margin trading provider
MEPCO secures SAR 340m loan from Bank Albilad
MIS' board plans 11% dividends for H2-20; 25% capital raise
EGX30 hovers near 10,800 pts at Monday's close
Egypt announces Coptic Christmas holiday for private sector
TASI closes Monday’s session in green
Gold prices in Egypt rise EGP 15/gram on Monday
Dubai Airports, GMR Hyderabad to form COVID-19 vaccine distribution corridor
UAE stock markets end Monday on green territory
JSGQ provides guardrail products for 800 kilometres of Saudi Arabia highway
UAE registers 1,501 new COVID-19 cases
Target For Real Estate Investment trims stake in Dice
Egypt’s engineering exports hit $1.1bn in 5M
Shuaa Securities rebrands to International Securities following IHC's acquisition
NI Capital to launch new investment funds to attract local, foreign investments
Foreign investors on Tadawul purchase SAR 18.8bn of stocks in 2020
CI Capital's unit concludes securitisation bond offering worth EGP 2.7bn
FAB inks testing agreement with CLS for CLSNet
Telecom Egypt to provide Google with TransEgypt meshed solution
Saudi Kayan announces energy ministry’s approval to raise Ethane allocation
CBE extends two debt relief initiatives for six months
DMCC attracts 2025 new companies to Dubai in 2020
CBE offers EGP 13bn T-bonds on Monday
SAFCO completes acquisition of SABIC Agri-Nutrients Investment
Al Samaani Factory mulls SAR 150m capital hike
Average Dubai crude oil price increases to 10-month-high in December
Saudi Airlines Catering to sponsor Saudi Arabia Rally Dakar 2021
SNOC, Eni commence production at Mahani field in Sharjah
Arabian Shield names new CEO
Al-Rajhi Takaful announces CEO resignation
Alexandria National Co for Financial Investment receives acquisition offer
Egypt launches digital payment initiative targeting micro-enterprises
SAFCO rebrands to SABIC Agri-Nutrients Co.
Jarir Marketing inaugurates new showroom in Jeddah
Egypt launches unified automated tax payment system
Al Khodari begins investigation on projects' withdrawal
TASI inches down on Sunday for second day
Suez Canal revenues hit $5.61bn in 2020
Dubai's industrial production index up 12.37% in Q3-20
Saudi ADF teams up with Al Rajhi Bank, Samba
UAE stock markets close Sunday on green note
UAE comes first globally in macroeconomic stability index
King Abdullah Economic City, Bank Aljazira pen cooperation agreement
MB for Engineering decides to acquire competitor
UAE announces 1,590 new COVID-19 cases
Hadisolb approves land valuation at EGP 1.23bn to settle debt
ECZA inks MoU with PMI-KSA for strategic partnership
Egypt's MSMEDA offers EGP 3.7bn funding in 11M
Fawry's shareholders approve capital raise, EGP 160m loan deal
NMC renews medical services deal with GOSI for 3 months
DAE repurchases $100m common shares
GB Lease completes EGP 2.01bn securitised bond offering
Saudi Paper’s remaining rights issue shares 433.1% subscribed
UAE's consumer spending expected to grow 4% in 2021
Musharaka Capital to pay SAR 26.4m REIT dividends
Egypt approves Sinopharm COVID-19 vaccine for emergency use
Najran Cement announces developments on establishing transportation firm
CBE offers EGP 16bn T-bills on Sunday
Reportage Properties sees 125% higher sales in 2020
National Building’s EGM approves 100% capital hike
Saudi Re, MedGulf pen reinsurance contract at SAR 130m
UAE leads world in Islamic finance industry
ACIG, SIEC submit capital raise requests to CMA
Al-Rajhi Takaful renews motor insurance contract with ALJUF, UIS
Egypt to co-establish new shipping company
EGX generates higher liquidity in 2020 despite COVID-19 crisis
ODE temporarily halts construction of project in Amoun, Qelada islands
Alhokair Group submits capital cut, increase requests to CMA
Number of tourists visitng Egypt falls 69.5% since early 2020
Abo Moati renews SAR 70m loan deal with SAIB
DXB Entertainments appoints Acting CEO
Sumou pens swap agreement in real estate projects
Egypt extends deadline for settling construction violations until March-end
Al Etihad inks agency agreement with Watad National Company
ADCB purchases stake in Alexandria Medical Services for AED 64m
EIB provides Banque Misr with EUR 425m to support SMEs
TASI down 0.81% on Thursday; turnover at SAR 6.8bn
Aldar sells Abu Dhabi Golf Club Complex for AED 180m
UAE records 1,730 COVID-19 cases
Monshaat, ANB team up to provide franchise-related financing products
UAE stock markets close Thursday in red territory
CHG comments on competition regulator's decision on Alameda acquisition
M&A Brief of the Week
Ministry of Supply offers three investment opportunities worth EGP 5.5bn in Ismailia
Ash-Sharqiyah Development mulls SAR 225m capital increase
Heliopolis Housing to sell land plots in New Heliopolis
Abu Dhabi's non-oil foreign trade hits AED 16bn in June 2020
B Investments Holdings approves Béard stake sale
Raya Holding sells 24% of Aman Electronic to NBE
Beltone receives US regulatory approval to sell Auerbach Grayson
Abu Dhabi’s inflation down 2.3% YoY in October
Hadaf to launch third stage of “Doroob-In” programme on Friday
GB Auro's unit completes EGP 892m securitised bond offering
ADX announces 50% capital cut for Gulf Cement in CSD department