Latest news

Date Title
Al Bargan leads Southern Province Cement’s business as new CEO
National Development Fund inks SAR 3bn facility deal with SNB
Merak Capital launches Saudi Arabia’s 1st private equity fashion fund at SAR 300m
Spinneys enters Southeast Asia market through Ayala’s JV
Amanat Holdings’ unit obtains regulatory approval for Tadawul IPO
RCJY unveils $1.4bn investments to drive SMEs growth
Kuwait returns to global debt markets via $11.2bn bond issue
Schneider Electric, Petra Engineering forge partnership to strengthen Saudi Arabia’s data center infrastructure
Beyond ONE inaugurates regional office in Saudi Arabia
Iliad Partners closes $50m fund to accelerate growth of MENA startups
Prices of investment funds including certificates in EGP, USD
Red Sea Global, stc boost Saudi tourism sector via SAR 1.2bn deal
ANB to redeem $750m Tier 2 capital Sukuk
First Avenue to expand development projects via SAR 315m loan
Telecom Egypt names El-Mahdi as new Managing Director, CEO
Al Romansiah intends to float 30% of shares on Tadawul
Shomoul Holding seals $150m deal with AlShaya Group
Egypt’s Sabika raises funding round to expand gold, silver investment in Gulf
CMA approves IPO, Nomu listing of 2 companies
Sukna Capital backs MENA’s tech firms via $50m loans
PIF-led alliance to acquire Electronic Arts for $55bn
Tarabut launches regional HQ in Riyadh
Scientific & Medical Equipment unveils SAR 51m medical contract
Careem takes minority stake in Swapp to boost regional car rental services
BECO Capital closes $370m dual-fund raise to back Gulf founders
ADNOC Distribution relaunches Oasis brand with premium non-fuel offerings
Al Arabia’s Faden Media awarded SAR 68m project contract
Sadq fuels regional expansion plans via $1m funding round
Umm Al Qura extends SAR 4.5bn facilities with Alnima Bank
Biban Forum 2025 to kick off in Riyadh next November
Madinet Masr fuels expansion plans via $5m investments
UAE launches multi-billion housing projects
ONE Development enters Egyptian market to expand regional expansion
Marble Design unveils 15% capital raise via bonus shares
Northern Region Cement’s board greenlights SAR 45m dividends for H1-25
The Marq boosts Egypt’s development projects with EGP 4bn investment
Prices of investment funds including certificates in EGP, USD
Shmoh Almadi inks $509,000 deal with Chinese company
SITCO Pharma plans to invest SAR 75m in new Jeddah warehouse
CBE auctions T-bonds, floating-rate note on Monday
GCC’s tourism sector records $247.1bn in 2024
AMOC unveils EGP 1bn cash dividends for FY24/25
Ooredoo promotes cybersecurity services in MENA to boost global footprint
Saudi Networker Services eyes moving shares to TASI
CIB’s shareholders approve EGP 3bn capital increase
solutions inks SAR 313.5m agreement with stc
Saudi Ground Services to disburse SAR 188m cash dividends for H1-25
AngelAi launches in Saudi Arabia, eyes GCC expansion
RAK Properties establishes Mirasol phase II
CBE offers EGP 55bn T-bills on Sunday
Prices of investment funds including certificates in EGP, USD
IHR renews SAR 30m facility with Al Rajhi Bank
Tam Development inks SAR 38m contract with Saudi gov’t
Riyadh-based DOO closes $1.7m to expand in GCC region
Tanmiah’s ADC increases SAB Murabaha facility to SAR 310 million
Taaleem Holdings secures AED 968m financing to support GCC expansion
DTC-led alliance unveils plans to expand e-hailing services in Dubai
MNT-Halan launches Egypt’s 1st secured digital lending solution
Prices of investment funds including certificates in EGP, USD
Buttermilk launches Riyadh office to expand regional footprint
CBE unveils EGP 85bn T-bills end-week
Aldar’s AIP raises $290m via green sukuk taps
PayPal commits $100m to advance digital commerce in MEA
Space42 to launch UAE’s 1st sovereign mobility cloud
ADNOC Distribution to pay $350m cash dividends for H1-25
EFG Hermes finalizes EGP 1bn debt advisory for Nawy Now
Catalyst Partners’ board approves capital hike to EGP 3bn
e7 Group, 7I Holding to scale sovereign technology solutions globally
2P Perfect Presentation awarded SAR 100m project contract
Presight, Shorooq launch $100m global AI innovation fund
Prices of investment funds including certificates in EGP, USD
Aldar ups stake in Aldar Estates to 82.5% following Modon Holding’s exit
Visa, intella partner to deliver Arabic-first conversational AI across MENA
Talabat announces $202m interim dividend for H1-25
HyperPay pens MoUs with Mastercard, Mozn at Money20/20 Middle East
Academy of Learning’s board proposes 50% capital hike, dividends for FY24/25
SNB rolls out new SME financing platform via partnership with Tarabut, Geidea
Saudi fintech erad raises $33m debt round at Money 20/20 Middle East conference
SOL Properties launches AED 2.2bn mixed-use tower
ALEC Holding unveils price range for IPO on DFM, dividends
DIEZ trade hits AED 336bn in 2024
Sumou Real Estate inks development agreement for Anara project
Elm extends SAR 500m loan from Al Rajhi Bank
Prices of investment funds including certificates in EGP, USD
Premium Healthcare unveils EGP 1.5bn regional expansion plans
Enma Al Rawabi rebrands as Inmar
Alujain Corporation to pay SAR 52m dividends for Q3-25
Egypt-Singapore exchange trade falls to $137m in H1-25
AlKhaleej Training brings Thai hospitality services to Saudi Arabia
Arada enters UK market via acquisition of 75% stake in Regal
World Bank inaugurates regional office in Riyadh
Orascom Construction, OCI Global eye merger to establish global infrastructure, investment platform
EFG Hermes concludes advisory on Jamjoom Fashion’s IPO
NBE’s net profits leap to EGP 133.2bn in 2024
Merak Capital invests $1.2m in Bynow to foster regional expansion
CBE auctions EGP 24bn T-bonds on Monday
AD Ports breaks ground on $380m Launada port expansion
EFG Holding’s shareholders greenlight EGP 118.5m capital reduction
Saudi P2P lending platform MoneyMoon secures $2.9m pre-series A round
Najm, Elm forge partnership at Money20/20 Middle East conference