Latest news

Date Title
stc acquires 9.9% interest in Telefónica for SAR 8.5bn
Mobily’s fintech arm Mobily Pay signs 4 agreements at Seamless Saudi Arabia
Reputation House unveils Saudi expansion plans at Seamless
UAE’s Stake now authorised to expand in Saudi Arabia; partnership with ANB unveiled at Seamless
Fintech Saudi joins Mastercard at Seamless to fast-track fintech digital transformation in KSA
UAE-based myZoi secures $14m funding, regulatory licences
Eastern Company logs EGP 7.65bn profits in FY22/23; dividend proposed
Network eyes SAMA’s nod to for regional expansion – Al Dahmash in interview at Seamless
OneCard plans to expand in over 22 countries – CEO in interview at Seamless
MENA-focused HyperPay enters strategic partnerships at Seamless Saudi Arabia; listed entities included
OneCard partners with Tadawul-listed Alinma Bank at Seamless Saudi Arabia
stc signs agreements with digital, IT solution providers at Seamless Saudi Arabia
OneCard enters strategic partnership with YOÜGotaGift for regional expansion at Seamless Saudi Arabia
Al Jouf Agricultural inks solar deal with France’s Engie
Cairo-based Sehatech secures $850,000 fuding round from Belton’s VC
Saudi Payments concludes several MoUs at Seamless KSA
Saudi Tadawul Group partners with Shanghai Stock Exchange to promote capital markets
Egypt-Kenya bilateral trade rises 4% in 2022
Emirates NBD unveils strategic equity investment in Komgo
n.go unveils expansion plans in Saudi Arabia, Egypt at Seamless
American Express, SAB launch product to foster SMEs in Saudi Arabia
SAB partners with Wise to bolster international money transfers
Huawei Cloud launches region-focused services in Saudi Arabia, unveils startup programme
Middle East-focused Unifonic unveils AI-powered chatbot at Seamless Saudi Arabia
UAE’s Mubadala Capital partners with Brazil-based Petrobras for biofuel project
Netskope launches 4 NewEdge data centres in UAE, Saudi Arabia
Naseej for Technology inks SAR 41.5m deal
AMOC unveils cash dividends for FY22/23
Saudi Arabia eyes SAR 12.2bn financial investment – Al Dhaher at Seamless
OneCard collaborates with SAB to enhance digitalisation
Aramex currently integrating automated delivery through robots – Interview at Seamless Saudi Arabia
Cleopatra Hospitals Group posts higher profits in H1-23
UAE-based Global Investment acquires 30% equity of Eastern Company
Dubai National Insurance unveils key appointment
Seamless Saudi Arabia 2023 launches in Riyadh; Mubasher is media partner
Alandalus Property signs SAR 190m purchase deal
CBE auctions EGP 1bn debt instruments on Monday
LIBF’s Refaay shares thoughts ahead of Seamless Saudi Arabia 2023 – Interview
EGX closes Sunday with collective decline
PIF inks SAR 12.5bn acquisition deal with SABIC
Egypt’s fintech HEDG secures pre-Seed round from Saudi investors
Aldar unveils SODIC’s expansion plans in Egypt
Aldawaa Medical Services unveils SAR 1.25/shr dividend for H1-23
FAB’s unit in Egypt logs EGP 6.6bn profits in H1-23
PIF-owned Jada invests in region’s 1st female-founded private equity fund to boost SMEs
Stratford acquires equity ownership in TAQA Arabia for EGP 419m
Southern Province Cement to distribute SAR 49m dividends for H1-23
Orascom Investment Holding’s consolidated profits exceed EGP 86m in H1-23
Payment cards exceed 40% of e-commerce purchases in UAE – GlobalData
Paper Home to list shares on Nomu this week
CBE auctions T-bills worth EGP 40bn on Sunday
Tadawul shows negative performance on Thursday
EGX closes Thursday’s session in green zone
Maharah unveils SAR 3bn project award from Saudi government
UAE stock markets close Thursday higher
Borouge to disburse $650m cash dividends for H1-23
aiBANK partners with Visa to promote financial inclusion in Egypt
Banque du Caire generates EGP 2.59bn standalone profits in H1-23
Watani Iron Steel to transfer shares on TASI
ACWA Power achieves financial close for Egypt’s Kom Ombo project
EIC to disburse 15% of capital as dividends for H1-23
Orascom Financial Holding swings to EGP 42.5m consolidated profits in H1-23
Spain-headquartered Alantra launches investment banking services in UAE’s DIFC
Alandalus Property obtains SAR 143m loan from SAB
CBE offers EGP 42.5bn T-bills on Thursday
Seamless Saudi Arabia to have Checkout.com as first-time exhibitor
Egypt to host 10th Pharmaconex next week; exhibition to feature 8 sectors
UAE stock markets flag in red on Wednesday; EGX, Tadawul close session higher
Saudi SPARK’s Logistics Zone to commence operations in 2024 as regional gateway
Orascom Construction posts $133m consolidated profits in H1-23; backlog hits $5.5bn
Alabbar comments on Emaar’s dividends raise, noon IPO, Americana Restaurants growth plans
GoDaddy collaborates with du to empower entrepreneurs, SMEs in digital age
Q Holding’s unit announces AED 1.75bn project award
Orascom Construction inks EGP 1.92bn deal with Eagle Hills
Tawuniya’s shareholders nod to SAR 250m capital raise
Reem Investments fully acquires Evergreen Plastic Products for AED 44m
Alsaif Gallery unveils cash dividends for Q2-23
UAE’s Lyvely concludes Seed round led by Cypher Capital
Egypt-Sudan trade exchange up to $1.4bn in 2022 – CAPMAS
Mark your calendar for ADES Holding important IPO dates
Tadawul closes Tuesday in red zone
EGX closes Tuesday with positive performance
Ayyan Investment’s board mulls SAR 200m capital raise
Beltone Leasing pens EGP 750m agreement with Pickalbatros
DFM closes Tuesday down; ADX up
Mopco logs EGP 3.97bn consolidated profits in H1-23
UAE to host 1st Gulf-Iraq Business Forum in September
Aramco-run Wa’ed Ventures, stc’s CIF lead $27m funding round for Rewaa
IHC’s unit Palms Sports secures AED 63m deal
Tam Development rolls out 3 project contracts exceeding SAR 45m
Alpha Dhabi's PureHealth enters UK market via $1.2bn acquisition deal
EFIC generates lower consolidated profits in H1-23
ADES Holding to float 30% of share capital on Tadawul
Tadawul closes Monday's trading session lower
Egypt’s stock market closes Monday in green zone
Network International endorses digital payments in Egypt via EGP 1bn investment
Seamless Saudi Arabia to launch via strategic partnership with Saudi Payments, backed by SAMA
UAE stock markets close Monday’s session mixed
Maharah to pay SAR 45m cash dividends for H1-23
Mastercard, Ingiz partner to boost financial inclusion in Egypt