Latest news

Date Title
Oman & Emirates Investment's losses deepen in 9M
Pachin’s profit plunges 88% in FY19/20 unaudited financials
Al Rajhi Bank calls off merger talks with MIDF
Credit Agricole Egypt reports 44% lower profit in 9M unaudited financials
Tawzea financially closes Taif’s independent sewage treatment project
M&A Brief of the Week
NMC Health administrator starts filing legal action against Ernst & Young
Egypt sets up two petroleum complexes in Upper Egypt
SABB Takaful Q3 losses widen 108%
Oriental Weavers Carpet reports EGP 608m profit in 9M
Jazadco turns to profitability in Q3-20
BCI sees 26% lower profit in Q3
CBE offers EGP 19bn T-bills on Sunday
SAPTCO moves to SAR 122m quarterly loss
Aljazira Takaful reports 14% profit decline in Q3
FinTech Ripple establishes regional headquarters at DIFC
Saudi Chemical Q3 profits rise 40%
RAK Properties records higher profits in 9M
ACIG quarterly losses up 163%
City Cement proposes SAR140m dividends for H1
Alinma Tokio Marine turns profitable in Q3
Egypt’s textile exports hit $561m in 9M
Coldwell Banker Egypt targets above EGP 10bn third-party sales
GHO Capital-led consortium increases stake in Envision Pharma
Egypt's domestic liquidity rises to all-time high in September
Mardev Developments to invest EGP 1.5bn in residential project in new capital
Deyaar's unreviewed financials show AED 13m profits in 9M
Chemanol losses surge 526% in Q3
Egypt’s gold reserves fall for second successive month
UAE records AED 5.37bn trade balance surplus with Gulf countries
Egypt’s manufacturing index rises 1% in August – CAPMAS
ADX closes Thursday on positive note
Saudi PIF invests $1.3bn in India’s Reliance Retail Ventures
DFM maintains upward performance on Thursday
EGX lists largest securitisation bond issuance worth EGP 10bn
UAE confirms 1,289 new COVID-19 cases
Egypt upgrades electricity networks in Luxor with EGP 460m
Omantel's net profits down 12% in 9M
Tunisia’s int’l reserves hit TND 21.19bn
Mubadala leads $700m funding round for US technology startup
Abu Qir Fertilizers Q1 profit falls to EGP 686.5bn
National Building signs MoUS with new cofounders to build 3 firms
Egytrans sees 60% lower profit in 9M
Qiddiya names Philippe Gas as new CEO
Serco Middle East wins contract to offer air navigation services at Sharjah Airport
Iconic Tower in Egypt’s New Administrative Capital now stands 240 metres high
SAGO offers tender to buy 600K tonnes of wheat
DXB Entertainments records higher losses in 9M; AED 6.2bn accumulated losses
Wataniya Insurance Q3 losses down 18%
Telecom Egypt acquires new mobile frequencies for $305m
SIIG quarterly earnings down 47%
ADNIC achieves 45.5% higher net profits in 9M
CBE offers EGP 20bn T-bills on Thursday
Saudi Steel Pipe turns profitable in Q3
Al Mazaya sees higher losses in 9M
Buruj quarterly loss widens 5%
Aramex sees 59% lower profits; 19% higher revenues in Q3-20
Petrochem quarterly profit falls 31%
SAICO reports 629% jump in quarterly profit
AXA Cooperative Insurance Q3 profit leaps 147%
Leejam inaugurates new low-cost, 24-hour gyms’ chain
MEPCO renews SAR 200m loan deal with Bank Albilad
Ataa Educational pens SAR 98m lease deal with TBC
Egypt, China sign protocol to build industrial projects in Ain Sokhna
TASI closes Wednesday’s session in green
EGX ends Wednesday in green on local, Arab purchases
flydubai to operate flights to Tel Aviv from 26 November
SAIC profit slides 35% in Q3
Egypt’s gov’t approves three petroleum exploration deals
Baazeem Trading reports 57% quarterly profit rise
RAK White Cement sees 79% lower net profits in 9M
NADEC, Pure Harvest to build high-tech hydroponic climate-controlled greenhouses
Egypt’s cabinet approves draft law on sovereign Sukuk
NTRA accepts $1.17bn bids for additional mobile spectrum
DAE generates $984m revenues in 9M
Saudi M3 money supply hits all-time high in Q3
Five Tadawul-listed petchem firms log 45% lower profit in Q3
ADX closes Wednesday in green zone
DFM ends Wednesday up; market cap records AED 307.65bn
Egypt’s exports rise to $30.5bn in 2019
Saudi ports make progress in Liner Shipping Connectivity Index
UAE reports 1,161 new COVID-19 cases
ADCB closes representative offices in London, Singapore
UAE federal government records AED 3.48bn surplus in Q3-20
Mashroak finances 156K MSMEs with EGP 16bn
Alexandria Pharmaceuticals reports 19% higher profit in Q1-20/21
Agility's unit in Abu Dhabi invests in double-trailer trucks
UAE tops MENA in number of ultra-high-net-worth individuals
Saudi Arabia's labour law reformed to allow more rights to expatriate workers
Fawry proposes capital increase via bonus issue
EG Bank's profit edges down in 9M
MNHD's profit inches down in 9M
CBD lists $600m bond on Nasdaq Dubai
AlTameer Arabian launches EGP 1bn Rivan Square in New Administrative Capital
Arabia Insurance turns profitable in Q3
Saudi Al Alamiya profits more than halve in Q3
CBE extends tourism support initiative for additional three months
NMC quarterly profits down 2%
Saudi Airlines Catering moves to losses in Q3
RAK Ceramics reports lower profits in 9M