Latest news

Date Title
Moody's assigns A2 rating to SEC’s green Sukuk issue; outlook negative
DFM closes Thursday on marginal losses
Saudi licences 71 new factories in August
Bombardier expresses interest in implementing Cairo Metro Line 6
GB Auto announces merger of three companies into RG Investments
NWC builds four water tanks in Wadi Al Dawasir for SAR 40m
FACT evaluates compensation due to Amer Group, Porto Group
UAE's APEX signs MoU with Israeli medical centre for healthcare technologies
Saudi finance minister hopes 2020 contraction will better IMF’s predictions
Amwaj acquires stake in Odin Investments
Tabadul to streamline bank guarantee services in Saudi Arabia
Egypt gives several entities six months to provide e-payment methods
Dubai banks pump AED 33.8bn into emirate's economy in H1-20
SAGO offers tender to buy 715K tonnes of wheat
Egypt’s annual headline inflation falls to 3.6% in August
Dubai banks grant AED 13.6bn facilities to industry, business sectors in H1-20
Agility likely to invest KWD 104m in Sabah Al Ahmed City
SEC starts issuing International Green Sukuk
UAE, Saudi wealth funds in talks to acquire stakes in India's Reliance Retail
Al Samaani moves to profits in H1
Abo Moati approves SAR 10m dividends for FY19/20
EGX approves Americana Egypt's voluntary delisting procedures
EGX ends Wednesday mixed
TASI slips 0.12% at Wednesday’s close
EGYPS conference to kick off in May 2021
Egypt needs EGP 300bn to boost rural sanitation coverage
Consortium wins contract to build 60 schools for SAR 86m
Egypt’s cabinet approves EUR 225m funding deal with AfDB
Dubai to raise electric, hybrid vehicles to 30% by 2030
SAMA governor says riyal-dollar peg to continue
UAB incurs AED 208,926 accumulated losses
KSA to open UNWTC regional office in Riyadh
ADX ends Wednesday down; market cap loses AED 6.69bn
DFM ends Wednesday in red zone
UAE records highest daily COVID-19 cases since mid-May
Mohandes Insurance proposes EGP 0.50/shr dividend for FY19/20
Marrakech Court attaches $4.13m property for Saudi Paper’s case
ADF encourages investors to benefit from SAR 2bn import funding initiative
Saudi GAC allows economic concentration for acquisition of construction firm
Russia’s Aeroflot resumes flights to Cairo after six-month hiatus
ADNOC invests AED 900m to upgrade main oil lines, Jebel Dhanna Terminal
Bahraini lender ABC in talks to acquire Blom Bank Egypt
Dubai PMI declines in August - IHS Markit
Misr Chemical Industries posts 18% profit drop in FY19/20 initial results
Egypt announces establishment of commodities exchange management firm
Saudi human resource ministry launches CSR strategy
Egypt approves EGP 7.5bn urgent allocations in August
Tabreed plans to issue $1bn bonds
Cleopatra Hospitals Group invests in fertility centre
UAE, Israel to ink peace accord on 15 September in Washington
ITFC inks $100m trade financing deal with Malaysian lender
SEC to hold calls with investors ahead of potential Sukuk issuance
UAE, South Korea agree on 10 new sectors and development programmes for cooperation during next two years
du's board approves to sell stake in Khazna Data Centre
Alkhabeer REIT Fund receives additional credit facilities from Al Rajhi Bank
ADQ appoints new chairman for ADX
SEC plans dollar bond deal
Sovereign Fund of Egypt to reveal Tahrir Complex's business model in weeks
Norges Bank trims stake in EFG Hermes
Cairo Oil Refining logs EGP 3bn revenue in FY19/20
TASI adds 39.40 pts at Tuesday's close
SCZone attracts $15bn investments in five years
Etqaan to auction Sheikh Saleh Al Rajhi real estate assets soon
Egypt's gold reserves rise $1.2bn in eight months
Saudi ports improve 22% in liner shipping connectivity index
Jebel Ali Port receives one of the world’s largest container vessels
ADX closes Tuesday in green; turnover nears AED 383m
Saudi’s largest logistical centre starts trial operation
DFM ends Tuesday in green; market cap gains AED 3.3bn
Egypt extends ban on white sugar imports
Methaq Takaful declines taking measures to acquire Eshraq Investments
Egypt approves EGP 100m Alexandria fish market development project
ADNOC cuts Murban crude oil price for October
Sipchem partners with IBM to achieve business continuity amidst pandemic
Misr Oils and Soap turns profitable in FY19/20 initial results
Eaton, EMAS announce partnership in Egypt
Ejar notarizes 110K lease contracts in August
Beltone uses EGP 83m of capital raise proceeds
FAB comments on reports about resuming Bank Audi Egypt takeover talks
stc in talks to cut $2.39bn offer for Vodafone Egypt
Eastern Co eyes to double sales of some products in three years
Raydan Food’s board proposes capital hike via rights issue
Development Works Food moves to losses in H1
ACIG chairman resigns
Premium Card closes EGP 182m securitisation bond issuance
King Salman, Putin discuss G20, COVID vaccine
Tadawul rises to highest level since February
Egypt’s net foreign reserves rise to $38.4bn in August
Palm Hills signs EGP 1bn facility deal with NBE
EGX ends Monday in green on local, Arab purchases
New Jersey Developments launches EGP 1bn Jura El-Galala project
Egypt’s foreign deposits fall for first time in four months
Saudi gov't signs deal to use Red Sea water in agricultural production
Tadweer opens solar power plant's second phase at Al Dhafra waste recycling facility
Saudi renews expats' residence permits free of charge
Nile Pharma’s profit jumps 14-fold in FY19/20
UAE's federal entities record AED 9.75bn budget surplus in Q2-20
UAE's lending to public sector rises 24% YoY in June
Saudi Customs handles SAR 352.6bn worth of goods since coronavirus outbreak
ADX ends Monday's session down; market cap loses AED 3.54bn