Latest news

Date Title
FRA reveals EGP 2.38bn mortgage finance companies operating in Egypt
ADGM appoints new CEO for Financial Services Regulatory Authority
SAGO receives first wheat shipment from Saudi investments overseas
Reportage Properties' sales exceed AED 237m in Q3-20
Eastern Co's board proposes EGP 1.4/shr dividend for FY19/20
Saudi Bugshan Company transforms business operations with IBM Cloud
ASCOM turns to loss in H1-20
UAE maintains fuel prices unchanged in October
Sands Capital to offer Sharia-compliant equity portfolios
Jafza partners with Etihad Credit Insurance to support UAE economy
Qalaa Holdings reviews economic impact of Mostorod refinery
Al Ezz Dekheila Steel's loss balloons 83% in H1-20
CBE offers EGP 8bn T-bonds on Monday
CMA approves public offering of Nafaqah Waqf Fund
ADNOC L&S inks 25-year agreement to serve Abu Dhabi petroleum ports
G20 Leaders’ Summit to be held virtually in November
ADGM Courts appoint administrators for NMC entities in UAE
Seera, Tourism Development Fund to develop, build hotels to boost tourism
Arabtec Holding denies appointing consultant for debt restructuring
Foreign ownership on Tadawul falls to SAR 196.9bn in week
Egypt spends EGP 1.2trn on petroleum projects – El-Sisi
EGX ends Sunday mixed
OIH mulls investment options after demerger
CMA approves Al Bareeq Holding's listing on DFM
Foreign, Saudi investors see net purchases on Tadawul last week
Etisalat Digital partners with seven global startups in AREA 2071
Egypt saves EGP 185bn from lower gasoline consumption
King Abdullah Port to handle 20m containers after construction works completion
Three specials transactions worth SAR 1.45bn executed on Banque Saudi Fransi
UAE Cabinet nods to economic agreements
ADX gains AED 3.24bn on Sunday
DFM ends Sunday down; market cap loses AED 480m
Saudi Aramco, Japan’s IEEJ ship world’s first blue ammonia
Egypt's Mostorod complex to cut imports by up to $1bn annually
Abu Dhabi banks' investments in debt securities exceed AED 17bn in 7M
S&P affirms Saudi Arabia’s sovereign ratings at ‘A-/A-2’
Abu Qir Fertilizers' shareholders approve dividend for FY19/20
UAE confirms 851 new COVID-19 cases
Egypt set to issue MENA's first gov't green bonds
KSA launches Eatmarna application to receive Umrah requests
Dubai Chamber members see 7% higher exports in June-August period
El-Sisi inaugurates $4.3bn Mostorod petroleum refining complex
CI affirms five Emirati banks' ratings; outlook 'stable'
NBE approves EGP 250m new credit facilities to Ibnsina Pharma
Egypt launches initiative for immediate disbursement of export subsidy arrears
Abu Dhabi Ports acquires MICCO Logistics
Sidra Capital’s Mutajara USD Fund achieves over 6% annualised returns for 2020
Alexandria's new multi-purpose terminal to be operational early 2022
Fitch affirms Saudi Aramco at 'A'; outlook stable
CBE announces new T-bills offering after rate cut
Kuwait Holding, Masader Al Ofoq resign from IFA's board
Global Artificial Intelligence Summit to kick off next October
UAE's HBK DOP partners with Indian APCO Digicon for telemedicine services
Abu Dhabi Chamber inks strategic partnership agreement with Korea’s Gangnam District
Saudi Arabia intends to resume tourist visas by early 2021
Al Samaani board approves moving to Tadawul
Arabian Centres soft opens phase one of Nakheel Mall Extension
El-Sisi approves CBE, banking sector law
EGX ends Thursday in red; market cap loses EGP 3.4bn
Egypt’s gold prices fall EGP 10/gram on Thursday
Dubai Chamber inks strategic cooperation agreement with Tel Aviv Chamber
Egypt extends payment period of building violation reconciliation fees
BinDawood Holding to postpone IPO
Abu Qir Fertilizers to implement carbon footprint reduction programme
ADX ends Thursday down; market cap loses AED 5.49bn
DFM closes Thursday's session in red zone
Khaleeji Commercial Bank's OGM nods to agreements with GFH
El-Sisi approves railway upgrade cooperation deal with EIB
UAE records 1,002 new COVID-19 cases
NBE approves EGP 300m bridge loan for Maxim Real Estate Investment
Remittances from UAE record AED 38.2bn in Q2-20
Arab Cotton Ginning to contribute to Modern Nile Cotton’s capital raise
Union Properties receives AED 400m offer for buying stake in Dubai Autodrome
Egypt’s government e-payments rise 223% YoY in July
UAE banks' loans rise 6% in July 2020
Eastern Co logs EGP 3.8bn profit in FY19/20 initial results
Al Habtoor partners with Israel's Mobileye for self-driving, smart city solutions
M&A Brief of the Week
Hill International named project manager of Cairo Monorail project
DP World Limited nods to periodic coupon distribution
CBE offers EGP 19.5bn T-bills on Thursday
ADQ adds ENEC to utilities portfolio
UAE's GDP expected to contract 5.2% in 2020 - CBUAE
France to resume flights to Egypt’s resort cities in October
Extracted Oils reports 18% lower profits in FY19/20
EFG Hermes lists Ijara Sukuk on EGX
Egypt's cabinet approves EGP 100m for developing Beni Suef hospitals
Saudi Arabia, Dubai resume flights
EGX ends Wednesday higher; market cap gains EGP 2.9bn
SAMA launches Saudi Currency mobile app
Egypt's gold prices drop on lower global prices
ADX closes Wednesday down; market cap hits AED 670.72bn
DFM gains 21 pts on Wednesday
Ora Developers in talks with banks over EGP 2bn loan
Etisalat partners with Ericsson for 5G Business Support Systems
AU Commission commends Egypt-WFP cooperation for rural communities
El-Mashat stresses need for new societal risk compact during WEF session
Upper Egypt Mills proposes EGP 10/shr dividend for FY19/20
UAE announces 1,083 new COVID-19 cases
Speed Medical inks deal to manage Madina Group’s labs in Alexandria