Latest news

Date Title
Abu Qir Fertilizers to implement carbon footprint reduction programme
ADX ends Thursday down; market cap loses AED 5.49bn
DFM closes Thursday's session in red zone
Khaleeji Commercial Bank's OGM nods to agreements with GFH
El-Sisi approves railway upgrade cooperation deal with EIB
UAE records 1,002 new COVID-19 cases
NBE approves EGP 300m bridge loan for Maxim Real Estate Investment
Remittances from UAE record AED 38.2bn in Q2-20
Arab Cotton Ginning to contribute to Modern Nile Cotton’s capital raise
Union Properties receives AED 400m offer for buying stake in Dubai Autodrome
Egypt’s government e-payments rise 223% YoY in July
UAE banks' loans rise 6% in July 2020
Eastern Co logs EGP 3.8bn profit in FY19/20 initial results
Al Habtoor partners with Israel's Mobileye for self-driving, smart city solutions
M&A Brief of the Week
Hill International named project manager of Cairo Monorail project
DP World Limited nods to periodic coupon distribution
CBE offers EGP 19.5bn T-bills on Thursday
ADQ adds ENEC to utilities portfolio
UAE's GDP expected to contract 5.2% in 2020 - CBUAE
France to resume flights to Egypt’s resort cities in October
Extracted Oils reports 18% lower profits in FY19/20
EFG Hermes lists Ijara Sukuk on EGX
Egypt's cabinet approves EGP 100m for developing Beni Suef hospitals
Saudi Arabia, Dubai resume flights
EGX ends Wednesday higher; market cap gains EGP 2.9bn
SAMA launches Saudi Currency mobile app
Egypt's gold prices drop on lower global prices
ADX closes Wednesday down; market cap hits AED 670.72bn
DFM gains 21 pts on Wednesday
Ora Developers in talks with banks over EGP 2bn loan
Etisalat partners with Ericsson for 5G Business Support Systems
AU Commission commends Egypt-WFP cooperation for rural communities
El-Mashat stresses need for new societal risk compact during WEF session
Upper Egypt Mills proposes EGP 10/shr dividend for FY19/20
UAE announces 1,083 new COVID-19 cases
Speed Medical inks deal to manage Madina Group’s labs in Alexandria
DFM, Nasdaq Dubai adopt Investor Relations programme
Egypt, Japan mull $150m financing programme for MSMEDA
US represents 17% of Egyptian glass exports in 7M
Egypt’s manufacturing index drops 6.5% in July – CAPMAS
Egypt allocates EGP 13bn for local consumption initiative
UAE's KBBO hires expert for restructuring $2bn debt
GB Auto's unit gets approval to provide consumer financing services
Egypt buys 405,000 tonnes of Russian wheat
UAE nuclear power plant's Unit 1 achieves 50% capacity
Aramex announces fire outbreak at warehouse in Morocco
CBUAE's foreign currency reserves hit AED 353.8bn in July
Arabian Cement Co expects EGP 50m losses by 2020-end
Egypt’s cabinet approves El-Kureimat power plant repair deal with Siemens
The United Bank allocates EGP 500m to micro-enterprises in Egypt
EGX ends Tuesday in green on local, Arab purchases
Mubadala pens agreement with Russia's Sberbank
Trade between Dubai, Saudi Arabia records AED 500bn in 10 years
Egypt seeks to redefine social contracts in COVID-19 era – El-Mashat
Ora Developers awards EGP 5bn contracts to develop ZED East
Emirates NBD, Network International extend shared services agreement
Egyptian expats' remittances rise to $2.9bn in July – CBE
ADX closes Tuesday in green zone
DFM closes Tuesday down; market cap records AED 315.81bn
Mubadala partners with Barings to support European middle-market businesses
Amer Group cancels plan to build project in New Sohag City
Chimera S&P UAE Sharia ETF adds three new companies listed on DFM, ADX
East Med Gas Forum charter signed on Tuesday
All of UAE's inhabited areas to be covered with 5G by end 2025
Egypt announces end of local consumption initiative on 26 October
UAE's GDP growth rate expected to reach 2.9% in 2021 - Bloomberg
Egyptians for Housing's shareholders approve stock split
UAE's dried fruit imports from Chile grow 75% in 2019
CI Capital Holding expands board of directors
PayTabs Egypt offers three-month free access to digital payment solutions
Egypt launches int'l wheat tender
ENBD REIT appoints Savills, Bluehaus to upgrade portfolio's largest asset
UAE signs agreement with NASA to train Emirati astronauts
UAE sees 19% growth in private aviation sector in July
Bahri board proposes SAR 393.8m dividends for H1
Egypt's FRA approves AUB Egypt acquisition offer
Egypt launches second export support initiative
WFP’s current cooperation portfolio in Egypt stands at $586m
EGX ends Monday down; market cap loses EGP 4.7bn
TASI loses 73.26 pts at Monday's close
Moody's assigns FAB's AT1 capital securities Baa3 rating
Saudi Arabia offers $48bn to support developmental projects worldwide
Pioneers Holding sees EGP 19m block-trading deal
DP World partners with Israeli Bank Leumi to boost regional trade
National Investment Bank issues new saving certificates with lower rates
Dubai registers AED 67.1bn in airborne gold and diamond trade in March-June
Umrah to resume in KSA soon with coronavirus precautions
ADX closes Monday in red territory
DFM loses AED 5.06bn on Monday
Egypt announces end of Kenya’s tariff crisis
UAE records 679 new COVID-19 cases
Emirates Islamic closes $500m Sukuk
Shariyah Review Bureau grants Saudi Re Sharia certification
EBE amends proposed dividends for FY19/20
SGS employs advanced technologies to sterilise aircraft, Saudi airports
Reportage Properties launches Rukan Tower in Dubailand
NBE, Banque Misr halt issuance of 15% Ibn Misr certificates
Dubai's AREA 2071 hosts Founder Institute global startup accelerator programme
Egypt targets 40% increase in engineering exports to Africa