Latest news

Date Title
TASI slips at Monday’s close; NomuC jumps
Ooredoo inks exclusive, non-legally binding MoU with CK Hutchison
Egypt’s FRA approves third Sukuk issuance in 2020 valued at EGP 600m
DFM closes Monday down; ADX up
SAMI takes over Advanced Electronics Company
UAE reports 1,027 COVID-19 cases
Egypt’s total oil, gas consumption falls 6% in 2020
KSA’s biggest online shopping mall now licensed
DP World selected as preferred bidder to manage multipurpose terminal in Angola
Aramco continues progress in digital journey with SAP deal
Mopco sees block-trading deal on Monday
SWCC says 7 consortia qualified to compete in Ras AlKhair plant privatisation
UAE first country in Middle East to add 500 MHz to Wi-Fi network
EgyptAir resumes flights to Oman on Monday
Egypt’s trade deficit narrows 28.8% in October
Sarwa Capital closes EGP 1.6bn securitised bonds
Al Mal Capital REIT raises AED 350m from IPO on DFM
SEC EGM approves treating SAR 3.4bn dividends owed to Saudi Aramco
Egypt’s gov’t invests EGP 23.5bn in 103k residential units in 2020
Egypt Kuwait Holding’s shareholders approve capital raise via bonus issue
SIDF approves SAR 17bn worth of loans in 2020
Talaat Moustafa Group's unit mulls borrowing EGP 1.2bn
ADGM's registered licenses rise 43% in 2020
Saudi Arabia extends entry ban for one more week
CBE offers EGP 14.5bn T-bonds on Monday
DXB Entertainments to consider appointing advisors for Meraas' offer
GASCO to receive SAR 50.4m in Q4 dividends from unit
ADNOC Distribution eyes acquiring fuel distribution assets in Saudi Arabia
Naseej International announces 0% accumulated losses
UAE President issues decree to form Supreme Council for Financial, Economic Affairs
Halwani Bros board proposes capital raise, FY20 dividends
Chemanol submits request to CMA for capital cut, raise
Amer Group’s unit buys 56-feddan land to build Porto El Minya
EGX loses EGP 5.5bn in market cap at Sunday's close
Egypt to launch commodities exchange by next wheat harvest season
Sipchem’s unit pens SAR 700m Murabaha loan deal
Saudi agriculture minister launches 17 projects in Hail worth SAR 810m
Egypt invests EGP 34.2m in developing consumer complexes in 2020
TASI edges up at Sunday's close
EGAS aims to raise gas output to 7.54bn cubic feet per day in FY20/21
Khalifa Port’s South Quay begins operations
UAE stock markets end Sunday on negative note
Saudi Arabia announces four new oil, gas discoveries
ADX lists Easy Lease on Second Market
Egypt denies reports about $7bn bond issuance in H1-21
Egypt’s ISDF spends EGP 29.5bn on developing unsafe slums
Saudi trade surplus reaches SAR 134.7bn in 10M
Alexandria National Co for Financial Investment gets acquisition offer
Emirates shuffles commercial team in Dubai, other key markets
Tadawul ends week on marginal losses
EIPICO subscribes to MUP's capital raise
Taxpayers non-compliant with e-invoice scheme to be excluded in July
Cleopatra Hospitals Group to acquire 100% of Alameda's hospitals in Egypt
Dubai approves AED 57.1bn government general budget 2021
Ayyan appoints financial adviser on potential stake increase in unit
B Investments Holdings sells 20% of stake in Total Egypt for EGP 146m
KSA sees fivefold increase in vaccine registrations after crown prince receives his first dose
Gulfa Mineral Water changes commercial name
CBE offers EGP 16.5bn T-bills on Sunday after rates kept on hold
Aseer says court ruling on Riyadh land lawsuit came into effect
DXB's passenger number rises 8% MoM in November
Saudi Amiantit’s remaining rights issue shares 602.8% subscribed
GFH acquires Roebuck Asset Management in UK
Saudi Paper rights issue 94.04% subscribed
L'azurde submits request to CMA for SAR 145m capital raise
Egypt's universal health insurance supports citizens amid pandemic
TASI ends Thursday in red amid lower turnover
Yansab's board proposes 12.5% dividends for H2-20
EGX ends Thursday higher; market cap rises EGP 1.7bn
CIT sector contributes 4.4% to Egypt's GDP in FY19/20
Banque du Caire inks deal to manage Etisalat's digital wallet
ADX announces AED 23.6m deals on Zee Stores' shares
DFM ends Thursday up; ADX down
UAE reports 1,311 new COVID-19 cases
M&A Brief of the Week
Egypt obtains $754.4m in developing financing for Bedouin communities
Saudi Arabia registers SAR 16.36bn trade surplus in October
NBE, Banque Misr provide EGP 50m to support small farmers
GSK Egypt considers merge of Amoun Pharmaceutical Industries
MESC appoints new chairman, vice-chairman
Capital Intelligence affirms National Industries' bond ratings; outlook negative
Kima's shareholders greenlight EGP 2bn capital hike
Egypt records EGP 462.7bn budget deficit in FY19/20
ADNOC maintains crude supply cut to Asia in February
Saudi banks supported by retail mortgages amid pandemic – Fitch
Al-Jouf Agricultural's board recommends 2.5% dividends for H2-20
CBE offers EGP 19bn T-bills on Thursday
CSD registers Easy Lease for listing on ADX
Tabreed's loans amount to AED 7bn - CFO
UAE sees 8% lower outward personal remittances in Q3-20
EGX ends Wednesday in green on local, foreign purchases
CMA approves Aljazira Takaful’s capital hike to merge with Solidarity
ADDED announces 365 industrial facilities add commercial and service activities to their licenses in Abu Dhabi
Alexandria Container announces end of worker protests
Masdar announces financial close on 100 MW solar project in Uzbekistan
Eni makes new oil discovery in Egypt's Western Desert
Makkah receives five million Umrah pilgrims since service return
Egypt’s Q1 GDP growth down to 0.7%; Gov’t investments hit EGP 40bn
Damac's board nods to ownership increase in Nine Elms
TASI levels up on Wednesday for second day