Latest news

Date Title
Snowflake launches HQ in Saudi Arabia to expand regional presence
SABIC to disburse SAR 5.1bn dividends for H2-24
Riyadh Cables’ strong backlog in 9M-24 provides revenue visibility for near term – Aljazira Capital
Al Seer Marine receives 2 modern MR tankers; investments cross AED 1.4bn
Union Properties breaks ground on AED 2bn Takaya project
Bahri’s JV launches Yanbu Grain Handling Terminal
CBE issues EGP 4bn debt instruments on Monday
FLOOSS teams up with Bahrain Channels to offer seamless financing services
NBK sponsors Bloom Market to promote sustainability within Kuwaiti community
Fastex boosts Web3 future in MENA region, beyond
Ericsson to deploy ATEX-certified solution on Ooredoo Qatar’s offshore site
Multi Business Group to refurbish Naif Arab University’s AI centre
Siemens Healthineers enhances global distribution via acquisition deal in Egypt
ADNOC L&S boosts regional expansion via 20 offshore assets in 2024
United Mining Industries pens deal with RCJY to anchor expansion plans
Modon Holding enters Europe’s real estate market via acquisition deal
Masdar fully acquires Saeta to reinforce footprint in Iberian Peninsula
SVC invests in Raed Ventures to foster MENA’s tech startups
Global digital operator VEON moves HQ to Dubai
Hikma acquires portfolio of Takeda brands for MENA region
CBE offers EGP 55bn T-bills on Sunday
MENA-focused Paymob strengthens Apple Pay service in Egypt
ACWA Power eyes SAR 7.1bn capital hike
DP World boosts maritime in Senegal via $1.2bn port
Bawan rolls out SAR 832m supply deal with Aramco
Makkah Construction obtains regulatory nod for SAR 352m capital raise
Beltone’s unit inks EGP 350m agreement with SEKEM Group
Riyadh-based OmniOps raises $8m to promote AI infrastructure offerings
Aqua Development joins ADQ for shrimp farming facility, plans regional expansion
Infobip boosts existing MENA presence with platform in Qatar
UAE explores with China ways to enhance economic, investment relations in various sectors
GCC airport market seen to grow at 9.5% CAGR during 2024 to 2032 – Abra
Canadian ROSA eSolutions enters UAE, aims to drive customer engagement in Middle East
Two UAE-listed banks close GBP 140m financing for London-based asset
Wizz Air Abu Dhabi enhances global travel experience with new route to Romania
AD Ports, Hassan Allam to develop 1st internationally operated port terminal in Upper Egypt
FAAD Capital announces 1st global expansion via Dubai launch
Egypt Economic Summit’s 4th edition to kick off in January 2025
Al Rajhi Bank unveils partnership to enhance travel experiences globally
IHG Hotels unveils 1st voco hotel in Jeddah; property to attract business, leisure travellers
Sorouh, Hilton to bring Waldorf Astoria’s iconic hospitality to region – Alshaya
Global M&A market rebounds with 15% surge in 2024; Middle East spearheads with 88% jump – Report
SAL backs Saudi Arabia’s logistics sector via strategic partnerships
Emirates NBD launches $500m sustainability bond on Nasdaq Dubai
Retal seals SAR 349m development agreement
Yaqeen Capital mulls 70% capital hike
Majid Al Futtaim to expand Supeco’s network in Egypt; new store inaugurated
Riyadh Development rolls out SAR 3.5bn agreement
CMA nods to Nomu listing, IPO of 3 companies
Red Sea International obtains SAR 392m loan from Riyadh Bank
SVC backs tech companies across GCC via investment in MEVP’s $150m fund
Klickl secures $25m funding to expand in MENA
7X teams up with SC Ventures to empower SMEs in MENA
ADNOC Drilling closes Turnwell JV with SLB, Patterson-UTI
DMCC Crypto Centre launches Metaverse with global market likely to cross $3.1trn by 2030
Revibe secures $7m investment to cement position in MENA’s refurbished tech sector
Leading UAE banks, international entities among arrangers for VakıfBank’s $870m equivalent facilities
Tourism would remain bright spot for region’s economies; consumer spending in Saudi Arabia seen 4.5% higher in 2025 – Report
Saudi Entertainment Ventures of PIF-owned Qiddiya reveals SAR 1.3bn project for world-class services
Elm partakes in Supply Chain and Logistics Conference 2024
Grandweld Shipyards becomes Middle East’s 1st shipbuilding firm using solar energy to meet sustainability requirements
PIF’s New Murabba launches programme for young Saudi talent
PIF-owned Diriyah unveils SAR 758.5m contract to Chinese firm for global project
Dar Global, Trump Organization launch SAR 2bn tower in Jeddah
MM Group launches 1st global office in Dubai
Nice One’s recorded orders exceed SAR 169bn; final price for IPO unveiled
Europe’s crypto platform Bitpanda expands in MENA via UAE office
MENA-focused Parkin, Saudi Batic to explore smart city parking solutions
BioSapien raises $5.5m funding round led by MENA’s VC firm Global Ventures
AMEA Power operates Egypt’s largest solar power plant
Emaar Properties doubles cash dividends to AED 8.8bn for 2024
IMKAN Misr partners with Alburouj Business for development project in Cairo
Astra Tech’s Quantix secures $500m financing to enhance operations across region
Takaful Emarat unveils AED 185m capital hike to reinforce sustainable growth
ADNH Catering inks deal to boost expansion plans in Saudi Arabia
Sun Capital Advisory expands global footprint with Abu Dhabi office
SEC obtains $3.6bn facility deal co-led by listed lenders
PIF anchors global assets portfolio via stake acquisition in Heathrow Airport
Saudi Arabia to host 2034 FIFA World Cup
Hilton to triple development portfolio in Egypt
GO to acquire 51% stake in EjadTech
Ma’aden’s shareholders greenlight capital hike to SAR 38bn
Dana Gas receives $20m payment in Egypt
MNT-Halan launches in UAE to support regional expansion plans
Beltone, CRIF join forces to scale up rating solutions in MENA
Mubadala, AlpInvest to secure portfolio senior fund financing globally
TAQA Arabia, Somabay inaugurate Egypt's largest solar-powered desalination plant
Investindustrial scales global reach via ADGM office
solutions, stc ink joint agreement exceeding SAR 151m
BuyAnyAutoPart raises funding round to expand operations in UAE
UAE’s Wafeq supports regional expansion plans via $7.5m Series A round
Dr. Sulaiman Al Habib announces 2 key appointments
Hub71 partners with ADIB to bolster global startup growth
IHC’s Finstreet drives global financial innovation via new regulated subsidiaries
Talabat’s debut on DFM marks largest global tech IPO in 2024
PIF’s Diriyah, Apple to boost retail expansion across Saudi Arabia
MENA-focused Shorooq, South Korea’s Hanwha Life to expand alternative investments
Iliad Partners launches $50m MENA-focused VC Fund backed by PIF
du, Nokia launch 1st commercial 5G cloud RAN deployment in MEA
Moody's assigns ‘A1’rating to AD Ports; outlook stable