Latest news

Date Title
Musanada completes 50% of infrastructure project in Al Ain
Misr Hotels sees EGP 25m block-trading deal
Saudi-based FOODICS boosts footprint in Egypt
Telecom Egypt applies for additional spectrum
UAE ranks fourth globally in port infrastructure quality index
Egypt offers tariff reductions to boost local industry
du appoints new acting CEO
Musharaka REIT Fund acquires self-storage warehouse for SAR 47m
Waha Capital names new CEO
Edita inks EGP 105m loan deal with Arab Bank
CBE offers EGP 19bn T-bills on Sunday
Salama Cooperative Insurance cuts accumulated losses by 6.5%
UAE-US non-oil foreign trade records $11bn in H1-20
National Building extends two MoUs on coronavirus-related delays
Petrochem, SIIG in early talks for potential merger
Egypt records $120m exports to Brazil in 8M
TASI returns to green zone at Thursday’s close
Saudi oil exports jump to 6.636 mbpd in July - JODI
ADQ acquires 22% of Aramex's issued share capital
Egypt’s banks log over EGP 50bn profits in 6M
UAE markets end Thursday's session in green zone
Egypt raises investments in US bonds to highest level since October 2018
Saudi trade surplus with Arab states nears $6bn in H1
UAE sees 13% MoM higher investments in US bonds in July
UAE reports 786 new COVID-19 cases
National Marine wins AED 600m project in Egypt
Dubai Diamond Exchange partners with Israeli counterpart
EFG Hermes unit sells controlling stake in Vortex Solar
UAE ranks first on Arab level in World Bank's HCI 2020
Saudi Arabia, Iraq to reopen Arar border crossing within 20 days
CBE to issue EGP 20.5bn T-bills on Thursday
ADIA discloses 5% stake in US Cheniere Energy
Saudi holdings of US debt instruments down 31% in July
M&A Brief of the Week
TAQA's unit finalises AED 1.08bn bond placement in Morocco
Saudi Arabia tenders to buy 540K tonnes of feed barley
Saudi covers over 58K km of roads with vibration warning technology
ADIO to open first investment office in Tel Aviv
IFA agrees on settling KWD 25m loan
SPIMACO announces optional liquidation of under-construction unit
NBK-Egypt launches Meeza card
Saudi German Hospital secures SAR 305m loan from Al Rajhi Bank
TASI levels down 0.13% on Wednesday
ADIB inks MoU with Israel's Bank Leumi
Emirates NBD inks MoU with Bank Leumi Le-Israel
GIB predicted to sell $500m in five-year bonds
SALIC raises stake in Brazil’s Minerva Foods to 33.83%
ADX ends Wednesday on marginal losses
DFM closes Wednesday up; market cap gains AED 810m
World Tourism Organization to open regional office in Riyadh
ADNOC to reduce crude oil supplies 25% in November
UAE announces 842 new COVID-19 cases
Eni, BP make new gas discovery in Egypt
Egypt invests EGP 100bn in educational sector in 6 years
DP World partners with Israel's DoverTower for trade links between UAE, Israel
Tadawul foreign investors’ purchases top SAR 341m in week
Egypt's engineering exports estimated at $2.5bn annually
SAMA approves event cancellation insurance products
ENOC plans to open 40 new services stations in 2021
Saudi merchandise exports contract 53.6% in Q2
Tadawul suspends trading on National Building shares
International Holdings' unit acquires stake in US digital advertising company
Tasfiah sells Jewel of the Airport for SAR 2bn in largest auction
Emirates Islamic starts marketing 5-year Sukuk
Leejam opens new women's fitness centre in Riyadh
DP World supports first advanced track service in Europe
SPIMACO sells part of equity portfolio for SAR 482m
Aslak board approves SAR 35.1m dividends
CMA approves instructions on issuing depository receipts out of KSA
UAE reports 674 new COVID-19 cases
TASI wins 65.67 pts at Tuesday's close
ADQ launches new laboratory testing company
Alkhabeer REIT Fund takes over Elegance Tower
Egypt inks $885m agreements with Arab funds in 8M
Fitch affirms KIB’s long-term A+ rating, with stable outlook
Openner to provide funding for 50 Egyptian startups
ADNOC Distribution becomes UAE's first supplier for Barakah Plant
stc asks banks to pitch for unit IPO
ADX closes Tuesday down; market cap loses AED 5.43bn
Egypt’s emissions from petroleum, natural gas products down 3.3% - CAPMAS
DFM maintains upward performance on Tuesday
Faisal Islamic Bank records 9% higher business volume in August 2020
Egypt's FRA studies offer to acquire AUB Egypt
Emirates Islamic hires banks for US dollar-denominated Sukuk issuance
Saudi ranks third in MENA by startup deals, funding – MAGNiTT
UAE's real estate industry expected to grow 3.8% in 2021
Dubai's CPI down 4% YoY in August
Council of Saudi Chambers appoints new secretary-general
Maridive's unaudited consolidated losses jump 394% in H1-20
du sells indirect stake in Khazna Data Centre for AED 800m
Saudi wholesale price index jumps 5.6% in August
Saudi inflation up 6.2% in August
ADX sees $19bn listed bonds in 9M
Saudi Chemical, RDIF sign MoU to provide COVID-19 vaccine in KSA
Dubai attracts AED 12bn FDIs in H1-20
Emirates NBD inks MoU with Israel's Bank Hapoalim
Fitaihi Holding sells 4.83% stake in Al-Jouf for SAR 30m
Development Works Food board approves moving to Tadawul
EGX closes Monday lower; market cap down EGP 3.2bn
Misr Petroleum Co records EGP 6bn exports in FY19/20