Latest news

Date Title
French firm pens EUR 1.14bn Cairo Metro Line 3 operation contract
Modon inks land lease contract with SAR 800m investments
Rameda sees EGP 1.6bn block-trading deal on Tuesday
EGX gains EGP 45.4bn in market value in August
Saudi Water Partnership Co signs deal to enhance water security
UAE, Israel ink first protocol to promote banking, financial cooperation
TASI adds 6.45% in August; market cap nears SAR 9trn
Palm Hills approves EGP 1bn securitisation issuance
ADX gains AED 1.02bn on Tuesday
Saudi construction costs to fall 3% during 2020 - Colliers
Kima incurs EGP 1.5bn loss in FY19/20 initial results
DFM resumes upward performance on Tuesday
Palm Hills sees 39% profit decline in H1-20 on lower revenue
Saudi bank deposits up 9.4% in July
Dubai Chamber companies saw 20% higher exports to Africa in June
Mubasher International among top 10 brokerage firms in August
Tadawul intends to start single-stock futures in H1-21
Egypt’s gov’t explores funding sources for waste-to-energy systems
IsDB adopts Refinitiv money market auctions, FX trading platforms
UAE banks' funds to SMEs decline to AED 92.5bn in Q2-20
Qarun Petroleum boosts oil output to 30k bpd in FY19/20
ADNOC pumps 2.7mbpd of crude oil in August amid higher demand
Heliopolis Housing's profit edges down in FY19/20 initial results
Emirates NBD, DMCC ink agreement to support businesses in Dubai
Egypt’s domestic liquidity hits EGP 4.45trn at end-May
Fawaz Alhokair’s accumulated losses total SAR 637m
Bharat Bhatia obtains FDI approval to operate, own steel plant in UAE
Emaar The Economic City signs share subscription deal with PIF
Egypt’s external debt drops $1.4bn in Q1-20
Gulf Related opens Antara residential development in Diriyah for SAR 1bn
Dubai FDI partners with Guidepoint to attract foreign investors =
Anaam International inks MoU to acquire 100% of Ghadeer for Real Estate
CBUAE injects AED 16m in banks in June
Wafa Insurance posts 148% higher losses in Q2
Salama earns AED 39m profits from selling shares in Saudi company
Leejam Sports opens new ladies fitness centre in Jeddah
Talaat Moustafa’s unit inks land development deal with NBE, Banque Misr
Gharbia sees four new wastewater plants worth EGP 129.5m
Egypt receives 22 new Russian railway cars
TASI slips 0.54% on Monday amid high turnover
FAB plans to issue $750m AT1 bonds
UAE markets gain AED 61.6bn in August
Qassim Cement obtains licence to export cement
Arab Cotton Ginning’s standalone profit more than halves in FY19/20
ADNOC to reduce crude oil supplies 30% in October
Saudi Arabia may lower October crude oil prices to Asia
Arkan appoints new acting CEO
ADX loses 18 pts on Monday
Arafa to set up new firm in Dubai
GlobeMed announces third-party administration deal with Saudi Enaya
DFM closes Monday down; market cap reaches AED 312.9bn
Delta Insurance’s indicators show 35% profit growth in FY19/20
UAE banks lending rises 6% in June 2020
Climate Image: a new growth trajectory for your business
Saudi POS sales up 34% in July
Raya denies submitting request for EUR 40bn green bond issuance
Expat remittances in Saudi climb 32.7% in July
National Gas expects no impact on its Saudi operations after JV cancellation
UAE ranks 17th globally in services exports in 2019
Egypt inks first conventional, Islamic facility deal worth $2bn
Faisal Islamic Bank's profit slides 39% in H1-20
Emirates receives AED 7.3bn support from Dubai government
Saudi general reserve up 1% in July
Saudi Paper discovers accounting manipulation
Egypt’s gas exports, renewable energy output leap in 2019 – Report
Dubai banks see 5% higher assets in H1-20
CBE offers EGP 7bn T-bonds on Monday
UAE banks' investments in debt securities hit AED 263.7bn in June
Albilad Capital to distribute SAR 204.9m dividends for August
Bupa Investments buys SAR 504m stake in Bupa Arabia
Dubai likely to issue US dollar-denominated Sukuk, conventional bonds
Saudi foreign reserve assets rise by over SAR 2bn in July
Salama sells 4.5m shares in Saudi joint stock company
SAMA’s assets down 6.1% YoY in July
Kahira Pharmaceuticals sees 28% profit rise in FY19/20
GCCIA inks deal with Hitachi ABB to optimise power infrastructure
Tadawul closes Sunday up by 0.62%
DFM approves BH Mubasher as Market Maker
Egypt launches four commodity warehouses with EGP 12bn investments
UAE banks' assets record AED 3.19trn in June 2020
Egyptian parliament approves EUR 336m agreements with EBRD, AFD
HyperOne inaugurates New Sphinx branch with EGP 650m investments
Saudi Muqassa commences operations
Governmental Services Authority generates EGP 1.2bn from 145 auctions in FY19/20
Egypt partners with Denmark to invest in renewable energy
Electro Cable’s profit edges down in H1-20
ADX ends Sunday with marginal gains
UAE confirms 362 new COVID-19 cases
DFM closes Sunday down; market cap loses AED 1.66bn
Middle and West Delta Mills logs EGP 180m profit in FY19/20
Qalaa Holdings cuts stake in ASCOM
Millennium Information Solution launches international operations in Dubai
Egypt’s PM appoints Sherif Seif El-Din as anti-corruption advisor
Minapharm Pharmaceuticals reports 156% profit hike in H1-20
Misr Chemical Industries posts over 31-fold jump in July profit
PetroGulf's unit inks AED 144m contract with ADNOC
Arabian Centres launches three cinemas, expects 13 more within year
UAE ranks first among GCC countries in economic diversification
EBE's profit inches down in FY19/20
GASCO cancels gas extension investment plan with Omani firm