Latest news

Date Title
Ekttitab Holding sells 99% stake in unit
Shuaa launches three Sharia-compliant funds
SAMA greenlights ACIG SAR 150m capital hike
Almarai Q3 profit soars to SAR 621.5m
First batch of Umrah pilgrims arrives at Grand Mosque today
Egypt’s PM announces 6th of October holiday
EGX executes MTO on Nile Cotton Ginning at EGP 2.48bn
EGX gains EGP 28.7bn in market cap in Q3
Dubai sees 56% higher property sale transactions in Q3-20
TASI inches down 0.05% on Thursday
Mashroak provides EGP 1.8bn loans for youth in Sharqia
Average Dubai crude oil price declines to $41.495 pb in September
CMA greenlights Saudi Amiantit’s capital cut, hike requests
EETC inks EGP 250m deal to build substation in Beheira
Arabtec Holding's shareholders vote for company's dissolution
Fine Hygienic plans $35-40m new investments in Egypt
Saudi bourse rises 15.36% in Q3 after economic activity resumption
Vodafone Egypt names new CEO
Port Said Customs collects EGP 2.37bn dues in August
EBE’s shareholders approve bonus issue
ADX loses 26 pts on Thursday
Moody's to rate Saudi gov’t local riyal debt issuance
DFM closes Thursday down; market cap loses AED 1.21bn
Egypt Aluminum incurs EGP 1.64bn loss in FY19/20
UAE records 1,158 new COVID-19 cases
Saudi banks lower investments in gov’t bonds by SAR 4bn in August
Qalaa Holdings loss balloons 195% in H1
Egypt's trade deficit more than halves in July
Tadawul up 4.51% in September; market cap gains hit SAR 153bn
Al Maather REIT Fund completes SAR 17m purchase agreement
M&A Brief of the Week
Maridive’s loss widens 977% in H1
Wafa Insurance losses down 87% in Q3-19
Ezz Steel incurs EGP 2.77bn loss in H1
Amlak International EGM approves SAR 0.75/shr dividends for 2019
ANB pens SAR 26m insurance deal with Walaa Cooperative
Oracle launches two planned second-generation Cloud regions in Dubai
CBE extends decision on cash limits for travellers
Derayah Financial to distribute SAR 22m dividends for Q3
CBE offers EGP 21bn T-bills on Thursday
SIEC awarded SAR 14.4m Saudi companies’ representation project in Iraq
World Bank approves $200m air quality improvement project in Cairo
UAE's oil exports to Japan record 18m barrels in August
GFH's shareholders nod to delisting from Boursa Kuwait
Sipchem, Linde extend partnership agreement until year-end
UAE's Yalla Group announces listing on New York Stock Exchange
Petro Rabigh announces financial completion of Rabigh Project (Phase II)
Petro Rabigh pens revolving loans, facility agreements worth SAR 7.5bn
SABB Takaful to provide general insurance programmes to Olayan Group
EGX loses EGP 12.17bn in market cap in September
Egypt approves unprecedented stimulus package to boost tourism
UAE bourses witness mixed performance in September
TASI closes Wednesday's session higher
CMA approves Theeb Car IPO application
UAE allocates AED 26.4bn for social spending amid COVID-19 - IMF
Saudi Al Alamiya awarded insurance contract from Panda Retail
Egypt raises allocations for Haya Karima initiative to EGP 8bn
ADNOC Trading begins derivatives trading
Egypt approves amendment to deal with Saudi Fund for Development
ADX closes Wednesday up; market cap gains AED 5.06bn
DFM gains 20 pts on Wednesday
KSA boosts position as world’s biggest Islamic finance market - Moody's
Mubadala, Silver Lake establish long-term investment strategy
Egypt extends rent exemption for coffee shops at tourist sites
Average salaries in KSA down 3.9% in Q2
ARDIC invests EGP 2bn in residential project in Al Mostakbal City
FAB issues $750m benchmark Tier 1 six-year bond
Upper Egypt Mills posts 17% profit slide in FY19/20
Saudi gross savings shrink 36.66% in H1
CI Capital’s Souhoola obtains consumer finance licence
ENOC saves 97m kWh power since 2014
Industry leaders discuss the future of digital transformation
Russia agrees to supply Egypt with 25m doses of COVID-19 vaccine
Saudi unemployment rate up to 15.4% in Q2
Al Rajhi REIT says lessee to file rent relief lawsuit
DMCC launches DigitalSugar Trading Platform
Egypt's second phase of village development project 87% complete
Saudi GDP retreats 7% YoY in Q2
Egypt sells $750m green bonds at 5.25% yield
Mubadala at advanced talks to invest $1bn in India's Reliance Industries
Euromoney to launch REDF Saudi Housing Finance Conference Thursday
Union Properties approves AED 400m offer for acquiring stake in Dubai Autodrome
Albilad Capital announces SAR 423.6m dividends for September
ADNOC Distribution's board nods to AED 1.3bn interim dividends for H1-20
Rosneft, Aramco may not bid for India's BPCL stake
Emir of Kuwait passes away aged 91 years
Car sales in Egypt rise 13% in August – AMIC
EGX30 nears 11K pts at Tuesday’s close
Egypt launches tender for developing sound, light area at Giza Pyramids
TASI levels down 0.60% at Tuesday's close
Egypt disburses EGP 25bn in pensions, second batch of overdue bonuses
Moody's assigns Dubai Aerospace 'Baa3' long-term issuer rating; outlook negative
Advanced Petrochemical to pay SAR 140m dividends for Q3
ADNOC closes $5.5bn real estate partnership with Apollo-led consortium
Saudi insurers face headwinds on coronavirus-induced lockdown, says Moody's
Egypt-Belarus trade exchange hits $45.7m in H1
ADX closes Tuesday on marginal gains
DFM ends Tuesday's session in red zone
UAE announces 995 new COVID-19 cases
Egypt to replace 28K gov’t payroll cards with Meeza in October