Latest news

Date Title
UAE banks' loans hit AED 1.8trn in September
Cairo Gas to deliver natural gas to gov’t district in New Capital
Egypt-Kenya bilateral trade hits $303m in H1-20
Egypt’s GAFI approves 31 projects with $1.1bn investments in 9M
Sulaiman Al Habib to be included on MSCI Index
AcwaPower plans IPO next year – Chairman
Suez Cement's loss widens 70.5% in 9M
Egypt’s exports to Nile Basin countries rise to $1.22bn in 2019
UAE stock markets end Sunday on positive note
UAE reports 1,205 new COVID-19 cases
GAFI approves Emaar Misr's EGP 40bn investment zone
GAFI highlights new corporate investments in Egyptian market
Orascom Investment Holding's loss shrinks 81% in 9M
Abu Dhabi sees 46% QoQ higher hotel revenues in Q3-20
Remco in talks over EGP 3.3bn syndicated loan
Tourah Portland Cement's loss narrows 60% in 9M
US trial court ruling rejects $18bn claim against Saudi Aramco
Al Akaria generates EGP 37m profit from HCC stake sale
Middle East Glass sees profit decline 92.5% in 9M
Dice swings to loss in 9M
UAE sets holidays for Commemoration Day, National Day
Cleopatra Hospitals Group logs EGP 182m profit in 9M
UAE banks invest AED 279bn in debt securities in September
stc inks deal to sell 15% in subsidiary to Western Union
Aldar Properties's new project sells out at AED 1bn
CBE offers EGP 19bn T-bills on Sunday
Amlak Finance sells 821,275 shares
ADIB provides funds to UAE client for AED 141m acquisition in UK
Egypt completes EGP 5.6bn water resources projects
EGX ends Thursday in red; market cap loses EGP 3.7bn
Egypt secures EUR 1.6bn from EBRD to finance SMEs
G20 countries allocate $11trn to counter coronavirus economic impact
Egypt, UAE stories of resilience at Bloomberg New Economy Forum
TASI closes Thursday’s session on marginal losses
Egypt reveals economic targets for FY21/22
KSA expected to continue improving in food security, says minister
Saudi banks’ assets rise 14.1% in Q3
Mopco's initial consolidated financials show 34% profit growth in 9M
EETC inks Toshka electricity supply deals worth EGP 492m
UAE national banks’ branches reach 559 in Q3
Egypt awards 11 companies gold exploration blocks, launches second bid round
M&A Brief of the Week
Egypt’s export subsidy disbursement initiative attracts strong interest
UAE C.bank foreign assets fall 5% in September
Egypt launches mineral exploration tender
UAE C.bank gold reserves down to AED 8.96bn in September
Egypt pays EGP 3bn overdue subsidies to 2,351 exporters
Nama Chemicals shuts down Hassad Petrochemical Complex for maintenance
Orascom Construction reports $65m net profit in 9M
Agility Public Warehousing joins FTSE4Good Index Series
SAFCO EGM approves capital hike to acquire SABIC’s unit
CBE offers EGP 20bn T-bills on Thursday
SADAFCO EGM approves buying back 2.7m treasury shares
Egypt’s cabinet approves deal with EBRD to upgrade Cairo Metro Line I
EGX30 ends Wednesday below 11k pts
Egypt implements EGP 100bn water resources management projects
TASI extends gains on Wednesday for fourth day
Emaar Properties receives AED 40.758bn from backlogs
NI Capital inks deal to acquire Bank Audi’s Arabeya Online
Saudi oil exports rise to 7.09m b/d in September
Shaker Group appoints acting CEO
GFH invests in pre-IPO, global tech companies
Pfizer says final data shows coronavirus vaccine is 95% effective
Egypt’s garment exports exceed $1bn in 9M
Raya’s Aman obtains PCI-DSS certification
Tadweer opens expanded used tire recycling facility in Abu Dhabi
Saudi ministry raises minimum wages of “Nitaqat” Saudi employees
Sheikh Zayed Book Award lists 27 Arab works in Young Author, Children’s Literature
Iraq, Saudi Arabia reopen Arar border crossing for trade
UAE stock markets show mixed performance on Wednesday
KSA’s electricity sector undergoes largest transformation on a global scale
Egypt, Germany agree on EUR 89m funding programmes
Egypt's holdings of US Treasuries rise to two-year high
Barakah Nuclear Energy Plant's Unit 1 achieves 80% power
Maersk sees faster-than-expected quarterly rebound
UAE investments in US bonds down 9.5% MoM in September
Shuaa Capital partners with Arton Capital to support FDI
Saudi investments in US bonds down 27.7% in September
MNHD inks final deal to sell Nasr Utilities and Installations
Aramco signs major LTAs with eight companies for oil, gas brownfield projects
Samih Sawiris still in talks to sell stake in Orascom Housing Communities
UAE cuts 153,000 bpd of oil output in October
EFG Hermes sees 18% lower profit in 9M
Beheira invests EGP 1.127bn in new projects
MIS awarded SAR 58.5m deal from Saudi health ministry
Unikai Foods incurs AED 17m accumulated losses
Moody’s places Buruj's Baa2 IFS rating on review for downgrade
Amanat Holdings reelects Hamad Alshamsi as Chairman
DWF withdraws request to move to Tadawul
IFA lowers share in First Takaful Insurance to settle debts
Saudi PSS, GACA pen deal to enhance passenger, air cargo security
Prime Holding plans to raise Prime FinTech's capital to EGP 100m
Dice reveals assessment of Cairo Cotton Center's assets
USAID supports Egypt with $3.5bn to provide clean water, sanitation services
UAE registers 1,255 new COVID-19 cases
TASI keeps upward performance for third consecutive session
EGX30 breaks through 11k pts at Tuesday's close
Methaq Takaful logs AED 43m accumulated losses
Pfizer launches pilot delivery programme for COVID-19 vaccine in four US states
ADNIC records AED 180m block deals on shares