Latest news

Date Title
EGX sees varied performance on Monday
ADGM’s assets under management soar 211% YoY in Q1-24
Saudia pens historic deal with Airbus during Future Aviation Forum 2024
UAE stock markets close Monday in red zone
Aramco, Pasqal to deploy 1st quantum computer in Saudi Arabia
Jazadco shifts to SAR 41m losses in Q1-24
eTax signs digitalisation agreement with Egypt’s Real Estate Tax Authority
Chemanol’s net losses shrink 50% in Q1-24 financials
Future Aviation Forum 2024 launches in Saudi Arabia
EBank’s consolidated profit leaps to EGP 1.1bn in Q1-24; capital hike approved
Al Babtain Power’s profits skyrocket 481.6% in Q1-24
SNB names new Chairman, Vice Chairman
SAL to disburse SAR 141m cash dividends for Q1-24
Riyadh's real estate office market draws increasing demand – Report
Beltone’s Cash for Microfinance pens cooperation protocol with Microfinanza Italia
Cenomi Retail’s losses deepen 171.5% in Q1-24; accumulated losses reported
Alef Education Holding plans to list 1.4bn shares on ADX
Riyadh Cement generates 4.5% lower net profits in Q1-24
Aramco inks 3 MoUs with American companies for lower-carbon solutions
SMASCO unveils final price for Tadawul IPO
Shuaa Capital plans to issue AD 367m bonds; CEO appointed
CBE issues two-type T-bonds worth EGP 9bn on Monday
TASI ends nearly flat on Sunday; NomuC gains 578 pts
EGX’s indices soar on Sunday; turnover surpasses EGP 6bn
Mopco’s net profit leaps by 95% YoY in Q1-24
UAE’s Electra Investment offers to buy up to 24.5% of Elsewedy Electric
MEPCO suffers higher net losses at SAR 19m in Q1-24
Northern Region Cement's profits leap 137% in Q1-24
Al Hammadi Holding’s net profit drops 21% YoY in Q1-24
Tabuk Cement’s profit dips 17% YoY in Q1-24
Al Arabia records 11% YoY profit increase in Q1-24
Dr. Sulaiman Al Habib unveils SAR 409.5m dividends for Q1-24
Najran Cement’s net profit plunges 26% YoY in Q1-24
Retal inks SAR 660m agreements with Saudi Arabia's National Housing Company
Sudatel Telecom turns to $26 losses in Q1-24
Almarai acquires logistics company for SAR 182m
SIIG names new Chairman, Deputy Chairman
Knowledge Economic City sees 49.5% higher losses in Q1-24; accumulated losses unveiled
Egypt negotiates $1.2bn climate financing from IMF
Yanbu Cement to pay over SAR 118m dividends for H1-24
Keyper secures $34m to expand rental experience in UAE
UAE’s e-commerce market to hit AED 49bn by 2028 – Report
Kingdom Holding’s net profit jumps 15% YoY in Q1-24
Fitch Ratings upgrades outlooks on 4 major Egyptian banks to positive; ratings affirmed
Alandalus Property’s profits down to nearly SAR 5m in Q1-24
Dar Al Arkan records 30.5% leap in Q1-24 profits
CBE auctions EGP 55bn T-bills on Sunday
UAE’s Revent boosts Saudi expansion plans via funding round
Al Jouf Cement’s consolidated profit grows 21% YoY in Q1-24
Jabal Omar Development logs 59% YoY profit growth in Q1-24
Lazurde’s net profit surges 141% YoY in Q1-24
Tadawul ends Thursday with varied performance
Egyptian Exchange’s main index leaps over 3% on Thursday; market cap hits EGP 1.75trn
Agthia Group records AED 127.5m profits in Q1-24
Salama’s net profits jump 118% in Q1-24
Southern Province Cement posts 26% YoY higher profit in Q1-24
Al Yamamah Steel delivers positive financial performance in H1-23/24
EMPC logs 125% YoY consolidated profit hike in Q1-24
UAE stock markets close Thursday’s session mixed
e-finance’s consolidated profit jumps 64% YoY in Q1-24
Ayyan Investment’s revenues hike 44% in Q1-24; accumulated losses unveiled
Egypt Gas’ net profit rises to EGP 139m in Q1-24
Tecom Group unveils AED 1.7bn investments in strategic projects
Waha Capital records 90% surge in Q1-24 net profits
Qassim Cement’s net profit leaps 35% YoY in Q1-24
Amer Group’s consolidated profit shrinks to EGP 15m in Q1-24
Morabaha Marina Financing eyes SAR 25.5m cash dividends for 2023
Amanat logs over AED 48m net profits in Q1-24
Cenomi Centers’ profits drop 52% YoY in Q1-24; dividends proposed
BinDawood’s profits surge 16% in Q1-24; dividends for H2-23 unveiled
DP World opens 3 facilities in Romania with EUR 130m
ACWA Power’s solar power project in UAE receives operation certificate
Eshraq Investments incurs higher losses in Q1-24 at AED 306m
Mercon Developments launches Nurai in New Cairo with EGP 10bn
MBC Group sees 36% higher revenues in Q1-24; profits exceed SAR 121m
CBE issues T-bills worth EGP 45bn on Thursday
TAQA’s net income exceeds AED 2.1bn in Q1-24 consolidated results
Malath Insurance’s net profit drops 74% YoY in Q1-24
TASI loses 18 pts on Wednesday; NomuC inches higher
EGX ends Wednesday with varied performance
Al Abdullatif Industrial Investment switches to profitability in Q1-24
SRMG’s net profit plummets 28% YoY in Q1-24
GMPC logs AED 17m net profits in Q1-24
Zamil Industrial Investment swings to profitability in Q1-24
Maharah Human Resources records 55% profit hike in Q1-24
Sharjah Cement delivers growth in Q1-24 financials
Makkah Construction and Development logs 74% YoY higher profit in Q1-24
Gulf Navigation swings to AED 11.5m losses in Q1-24
UAE stock markets flag in red on Wednesday
Masdar, partners secure land for 10 GW wind power plant in Egypt
Ithmaar Holding shifts to profits in Q1-24; accumulated losses near 69% of capital
Emaar Development posts 50% hike in Q1-24 property sales
Saudi Steel Pipe inks SAR 139m contract with Aramco
Tabreed’s net profits fall in Q1-24 to AED 112m
ALEXBANK’s net profit leaps 78% YoY in Q1-24
Union Properties logs AED 16.5m net profits in Q1-24
Devaluation leads Orascom Development Egypt to EGP 984m loss in Q1-24
Yahsat witnesses jump in Q1-24 net profit to $53m
GSK Egypt turns to loss in Q1-24
Deyaar logs AED 73m net profits in Q1-24; revenues rise 5%