Latest news

Date Title
Saudi Export Authority to support Yemeni economy
Sungrow partners with Shanghai Electric to offer 1500V turnkey inverter in Dubai
SWCC produces 8.5 cubic metres/day of desalinated water from Amlaj Plant
UAE reports 735 new COVID-19 cases
Saudi permits flights from all countries to use its airspace to reach UAE
ADX closes Wednesday up; market cap reaches AED 680.48bn
DFM gains AED 1.08bn on Wednesday
ABK Egypt logs EGP 354m profit in H1-20
UAE economy expected to contract by 6% in 2020
Egypt inks EGP 295m deal to build new substation in Alexandria
Saudi Arabia jumps two notches on 2020 global innovation index
Fitch affirms NBK’s ratings with stable outlook
Emir of Medina launches new water projects
Jafza, Emaar Malls to regulate activities at Gold & Diamond Park
Indonesian investments in Egypt hit $111.6m – Minister
Ain Sokhna port’s second basin to be operational within next months
Dubai starts sale in public debt markets for first time in six years
Elsewedy Electric’s unit inks EGP 355.5m substation contract
Khalda Petroleum's output averages at 145,500 bpd in FY19/20
Saudi White Cement begins trading on Saudi parallel market today
DFM announces AED 5.5m direct deals on Al Ramz's shares
IMF sees Egypt's GDP growth at 6.4% in FY21/22
Dubai witnesses 11% higher business licenses in August
SABIC hires banks for 10-year dollar, 30-year Formosa bonds
FAB to open discussions with Israel's leading financial institutions
Saudi ownership on Tadawul soars SAR 580.6bn in August
ADNOC attracts AED 10bn foreign investments to UAE
Tadawul foreign investors’ purchases net SAR 3.1bn in August
Maharah approves SAR 84m dividends for H1
Americana Egypt submits voluntary delisting request
GB Auto partners with China's Higer to assemble buses in Egypt
EGX ends Tuesday down on foreign selloffs
Riyad REIT invests SAR 45m in US office building
Carrefour to invest EGP 200m in Egypt
TASI down 0.53% on Tuesday; MT30 Index futures up 0.28%
French firm pens EUR 1.14bn Cairo Metro Line 3 operation contract
Modon inks land lease contract with SAR 800m investments
Rameda sees EGP 1.6bn block-trading deal on Tuesday
EGX gains EGP 45.4bn in market value in August
Saudi Water Partnership Co signs deal to enhance water security
UAE, Israel ink first protocol to promote banking, financial cooperation
TASI adds 6.45% in August; market cap nears SAR 9trn
Palm Hills approves EGP 1bn securitisation issuance
ADX gains AED 1.02bn on Tuesday
Saudi construction costs to fall 3% during 2020 - Colliers
Kima incurs EGP 1.5bn loss in FY19/20 initial results
DFM resumes upward performance on Tuesday
Palm Hills sees 39% profit decline in H1-20 on lower revenue
Saudi bank deposits up 9.4% in July
Dubai Chamber companies saw 20% higher exports to Africa in June
Mubasher International among top 10 brokerage firms in August
Tadawul intends to start single-stock futures in H1-21
Egypt’s gov’t explores funding sources for waste-to-energy systems
IsDB adopts Refinitiv money market auctions, FX trading platforms
UAE banks' funds to SMEs decline to AED 92.5bn in Q2-20
Qarun Petroleum boosts oil output to 30k bpd in FY19/20
ADNOC pumps 2.7mbpd of crude oil in August amid higher demand
Heliopolis Housing's profit edges down in FY19/20 initial results
Emirates NBD, DMCC ink agreement to support businesses in Dubai
Egypt’s domestic liquidity hits EGP 4.45trn at end-May
Fawaz Alhokair’s accumulated losses total SAR 637m
Bharat Bhatia obtains FDI approval to operate, own steel plant in UAE
Emaar The Economic City signs share subscription deal with PIF
Egypt’s external debt drops $1.4bn in Q1-20
Gulf Related opens Antara residential development in Diriyah for SAR 1bn
Dubai FDI partners with Guidepoint to attract foreign investors =
Anaam International inks MoU to acquire 100% of Ghadeer for Real Estate
CBUAE injects AED 16m in banks in June
Wafa Insurance posts 148% higher losses in Q2
Salama earns AED 39m profits from selling shares in Saudi company
Leejam Sports opens new ladies fitness centre in Jeddah
Talaat Moustafa’s unit inks land development deal with NBE, Banque Misr
Gharbia sees four new wastewater plants worth EGP 129.5m
Egypt receives 22 new Russian railway cars
TASI slips 0.54% on Monday amid high turnover
FAB plans to issue $750m AT1 bonds
UAE markets gain AED 61.6bn in August
Qassim Cement obtains licence to export cement
Arab Cotton Ginning’s standalone profit more than halves in FY19/20
ADNOC to reduce crude oil supplies 30% in October
Saudi Arabia may lower October crude oil prices to Asia
Arkan appoints new acting CEO
ADX loses 18 pts on Monday
Arafa to set up new firm in Dubai
GlobeMed announces third-party administration deal with Saudi Enaya
DFM closes Monday down; market cap reaches AED 312.9bn
Delta Insurance’s indicators show 35% profit growth in FY19/20
UAE banks lending rises 6% in June 2020
Climate Image: a new growth trajectory for your business
Saudi POS sales up 34% in July
Raya denies submitting request for EUR 40bn green bond issuance
Expat remittances in Saudi climb 32.7% in July
National Gas expects no impact on its Saudi operations after JV cancellation
UAE ranks 17th globally in services exports in 2019
Egypt inks first conventional, Islamic facility deal worth $2bn
Faisal Islamic Bank's profit slides 39% in H1-20
Emirates receives AED 7.3bn support from Dubai government
Saudi general reserve up 1% in July
Saudi Paper discovers accounting manipulation
Egypt’s gas exports, renewable energy output leap in 2019 – Report