Latest news

Date Title
Moody’s affirms Chubb Arabia'A3' IFSR rating; outlook stable
Saudi Arabia to launch GCC-Iraq electricity project platform
Al Ahly Pharos advises on EGP 707m deal for Al Ahly Securitization
FAB teams up with Masdar, Blue Carbon for MENA’s carbon trading
EGX shows negative performance on Sunday
TASI, NomuC end Sunday’s trading session in red
EIH expands investments via majority stake in BHM Capital
SEC acquires 25% equity in PIF-owned EV infrastructure
Qatar Airways expands footprint in Saudi Arabia with 2 new gateways
Saudi ARDCO, Misk to develop educational facilities in Riyadh
Egypt-South Korea’s bilateral trade exceeds $3bn in 2022
Al Ansari Financial Services mulls AED 300m dividends for H1-23
GFH Partners acquires $150m logistics portfolio in Saudi Arabia, UAE
IHC to acquire 10% stake in crypto firm Phoenix
India pumps $3.2bn investments in Egypt
Almarai posts 19.5% surge in 9M-23 net profits
SAL announces final price, expected timeline for Tadawul IPO
NMDC teams up with ADNOC for AED 30bn project
CBE unveils EGP 46.75bn debt instruments on Sunday
Tadawul closes Thursday’s session down
Egypt’s non-oil sector declines; PMI hits 48.7 in September
Saudi Arabia’s September PMI records growth in purchasing activity
Egypt secures $3bn green deal with C2X
UAE stock markets close Thursday with collective decline
Madinet Masr eyes EGP 20bn sales in 2023
Saudi Airlines Catering boosts growth plans via new identity
ADNOC Gas unveils $615m carbon capture project in MENA
UAE’s PMI increases to 56.7 in September
Alexandria Container’s board proposes dividends for FY22/23
ICON registers over EGP 267.5m consolidated profits in H1-23
CMA approves Al Mujtama Pharmacy’s Nomu listing, Sure Global’s capital raise
ADC raises AED 734m from PIPE bookbuild
Egypt’s foreign reserves hit $34.97bn in September
Red Sea International acquires majority stake in First Fix
SAB plans to issue SAR-denominated Tier 1 Sukuk
EGX closes Wednesday’s session higher
Tadawul sees varied performance on Wednesday
MENA’s Intella secures $3.4m funding round co-led by Aramco’s Wa’ed Ventures
Region-focused AMEA Power reaches financial close on Tunisia's solar plant
UAE stock markets close Wednesday in red
DEWA, ACWA Power team up for world’s largest solar-powered desalination plant
ADX partners with BNY Mellon to endorse dual listing
Abu Dhabi-based IHC raises stake in Adani Enterprises
Alsaif Gallery inaugurates 2nd branch in Kuwait
Taaleem’s net profits exceed AED 117m in FY22/23
Riyadh Cables to pay SAR 150m dividends for H1-23
Alexandria Container unveils audited financial results for FY22/23
Saudi PIF anchors tourism sector with Al Balad Development
DS Rent announces 11% higher net profit H1-23, wins SAR 6m contract
Banan Real Estate buys asset for nearly SAR 20m, secures funding from Riyad Bank
Tadawul closes Tuesday’s trading session lower
Egypt’s stock market closes Tuesday in red zone
Al Arabia signs billboard contract for Egypt's North Coast
Palm Hills unveils development project with EGP 85bn estimated sales
Almarai backs growth plans via SAR 405m investments
DFM, ADX close Tuesday’s trading session up
WSM obtains regulatory nod for Tadawul listing
DIB evolves customer experience with HPE GreenLake
Canal Shipping Agencies mulls EGP 100m capital raise
Orascom Investment Holding sells units in Brazil for nearly $18m
Du Trade enters agreement with Telda to facilitate transactions within 30 seconds
AD Ports-owned Noatum acquires Sesé Auto Logistics for EUR 81m
Atlas Elevators to commence trading on Nomu this week
Golden Pyramids Plaza records $12m standalone profits in H1-23
Bank of Sharjah records AED 144m net losses in H1-23
SHL Finance obtains SAR 2bn loan from ANB
EGX, CBE to close next Thursday on 6th of October holiday
Tadawul closes Monday with varied note
EGX shows negative performance on Monday
DMCC boosts investment ties with China in recent roadshow
Arabian Pipes secures SAR 115m contract award
Ladun Investment unveils SAR 75m purchase deal
UAE stock markets close Monday in green zone
Valu unveils plans to launch in Jordan
Bawan exits Bina Holding for over SAR 76.5m
2P Perfect Presentation obtains SAR 150m loan from Al Rajhi bank
Cenomi Centers partners with Careem to improve transportation in Saudi Arabia
Alkhaleej Training pens SAR 149.5m deal with SEC
Acrow Misr posts 334.5% surge in H1-23 consolidated profits
UAE’s EDGE acquires 50% equity ownership in Brazil’s SIATT
Sumou Real Estate inks SAR 120m development agreement
CBE offers EGP 50bn debt instruments on Monday
TASI closes Sunday down; NomuC up
EGX indices close Sunday mixed
Beltone’s shareholders approve sale deal with SODIC’s unit
FIPCO secures short-term credit facility from Saudi EXIM Bank
Oriental Weavers sells stake in NBK Egypt
Saudi Top Trading obtains SAR 25m loan from Banque Saudi Fransi
Abu Qir Fertilizers announces cash dividends for FY22/23
Tam Development secures SAR 25m financing from SAB
DIB enters Turkish digital banking sector via new investment
Misr Beni Suef eyes capital reduction
Samana Developers launches AED 250m project in Dubai Production City
Edita unveils $45m loan from IFC
Al Babtain Power boosts growth plans via SAR 213m capital raise
UAE-based fintech BILRS secures pre-Seed investment from Haatch
CMA greenlights Nomu listing of 2 companies
CBE unveils EGP 47.25bn T-bills, floating-rate note on Sunday
TASI closes Thursday in red zone; NomuC rises
Region-focused MENAISCO acquired by Energy Capital Group