Latest news

Date Title
Suez Canal Technology's OGM nods to EGP 1.5/shr dividends
ADNOC considers selling waste management assets
Egypt is shining star among emerging economies, says finance minister
UAE maintains 2nd place on economic level in Global Knowledge Index 2020
M&A Brief of the Week
DGCX selects Cigniti as strategic quality assurance service provider
Saudi Arabia issues over 400K tourist visas in 6M
CBE to offer EGP 19bn T-bills on Thursday
Egypt’s inflation records 6.3% in November
du, Smart Dubai launch blockchain paperless property rental platform
Abu Dhabi Ports partners with Israel's MAI to cooperate in trade, technology
Riyad REIT pens SAR 540m loan deal with Riyad Bank
Al Samaani to begin trading on main market today
Egypt's El-Salam-10th of Ramadan LRT reaches 70% completion
CAYESH, EFG Hermes Corp Solutions to provide digital supply chain financing solutions
Moody's assigns UAE government Aa2 rating; outlook stable
Mubadala joins consortium to acquire US-based Truck Hero
Egypt invests EGP 3bn in upgrading electricity networks in Giza in six years
Dekheila, Ain Sokhna collect EGP 2.9bn taxes, customs in November
UAE aims to embrace 1m companies in 10 yrs
UAE stock markets close Wednesday on green territory
Emicool starts reducing fuel surcharges on electricity, water bills
Speed Medical approves MoU with Saudi Elaj Medical Group
Maersk chooses Agility warehouse in Cote D’Ivoire to establish regional facility
UAE reports 1,313 new COVID-19 cases
Arab Dairy sees EGP 425m block-trading deal
Egypt, AFD ink development financing deals worth EUR 715.6m
Dubai banks pump AED 38bn into economy in 12M
EGX announces EGP 207m block-trading deal on Electro Cable’s shares
Beltone's shareholders approve deals with OIH, Gemini
Etisalat mulls establishment of 3 smart cities in Dubai, Abu Dhabi
Saudi local cement sales rise 16.5% in November
Global Islamic Finance assets may hit $3.69trn in 2024 - Report
United Housing sees EGP 44m block-trading deal on Wednesday
OIH approves sale and leaseback deal with Beltone’s unit
IBM inaugurates Security Operations Center in Saudi Arabia
ADNOC awards US-based Occidental onshore exploration block in Abu Dhabi
EGX approves listing capital raise shares of Egypt Gas
UAE officially registers China's Sinopharm inactivated COVID-19 vaccine
Eastern Co. achieves record sales in November
Abu Dhabi to resume economic, tourist, entertainment activities
Fitch says GCC Islamic banks have stable 2021 outlook, except for Saudi lenders
BH Mubasher terminates liquidity provider agreement with Union Properties
BinDawood’s Danube to open first international branch in Bahrain
Abu Dhabi Department of Energy partners with Dell for information technology, security
Ataa Educational’s profits down 70% in 3M
Egypt inks EGP 840m deal to build electricity control centre in new capital
Juhayna names new chairman
ADNOC officially launches second trading arm
Egyptian businesses expect pre-pandemic profitability by 2022-end – HSBC survey
EGX ends Tuesday in green on local, Arab purchases
Egypt’s cabinet approves contract to build Sixth of October dry port
Saudi POS sales up to SAR 326bn in almost 11 months
UAE's e-commerce sales expected to hit AED 100bn in 2022
Egyptian banks' balances abroad jump to $19.2bn at November-end
TASI ends Tuesday’s session on marginal losses
Egypt submits application to COVAX to get COVID-19 vaccine
Saudi Aramco, Baker Hughes commence construction on non-metallics JV
Egypt sees 31.5% annual rise in value of roads, bridges, tunnels
Saudi environment ministry launches Reef programme to support small producers
UAE stock markets end Tuesday's session on positive note
Emirates NBD introduces Enterprise Payment Hub in most of entities, markets
Investcorp sells Avira to NortonLifeLock for $360m
Italy to provide EUR 3m grant to Egypt’s leather, furniture, marble industries
UAE confirms 1,260 new COVID-19 cases
Egypt implements EGP 431bn petroleum projects in two years
UAE bank branches fall to 665 in November
Serco Middle East names new country director for Saudi Arabia
Egypt receives new batch of Russian railway cars
DUBAL Holding acquires 60% stake in UAE's OSE Industries
ASCOM changes plan of using capital raise proceeds
Mubadala, Arbor Ventures invest in fintech startup tabby's $23m funding round
Pyramisa Hotels sees EGP 10m block-trading deal on Tuesday
KSA has 41 steel factories with 18m tonnes capacity
Alexandria Pharmaceuticals sees profit edge up in 4M
Dubai's Tristar wins $8m contract with Linde Global Helium
ESIH raises stake in Dice’s capital to 10% for EGP 27.4m
Ezz Steel suffers EGP 4.11bn loss in 9M
Eshraq Investments to consider new hotel operation company's establishment
UAE non-oil private sector down in November amid lower demands - IHS Markit
Tadawul delists Al Ahlia Insurance’s shares
GFH acquires international university in Bahrain for $100m
SAPTCO to use SAR 183.5m statutory reserve to offset accumulated losses
Amana Cooperative’s board proposes 45.8% capital cut
Egyptian expat remittances rise $1.3bn in Q1-20/21
Egypt’s budget deficit to GDP ratio falls to 2.1% in Q1-20/21
EGX30 ends Monday below 11,000 pts
CBE to finance deployment of POS devices with EGP 1bn
TASI resumes upward performance on Monday
Barakah Unit 1 achieves 100% power capacity
Egypt-France bilateral trade hits $1.6bn in 9M
UAE-Israel bilateral trade expected to reach $5bn - DP World
CBE makes amendments to two tourism initiatives
Emaar Properties suspends new projects amid property glut, COVID-19
Egypt’s gold reserves decline for third month in row
UAE stock markets maintain upward performance on Monday
Monshaat launches innovation, entrepreneurship programme for SMEs
Egypt allocates EGP 10.8bn investments for Red Sea Governorate in FY20/21
CBK sells KWD 280m bonds
Egypt’s Public Business Sector, Petroleum Ministries ink EGP 13.5bn debt settlement deal