Latest news

Date Title
Marafiq to reschedule SAR 5.9bn loan from 3 lenders
GFH Partners acquires $300m portfolio of US student housing asset
DFM, ADX close Monday’s session higher
ADNOC Logistics receives 1st new-build LNG carrier from China
Juhayna merges 4 companies to expand business
Orascom Construction records $96m net profits in 9M-24
CBE issues T-bonds, floating-rate note on Monday
Mufeed to trade shares of Nomu midweek
UK-based Watercycle expands business to MENA via $5.6m funding round
EGX records mixed performance on Sunday
Nasdaq Dubai welcomes $2bn bonds by China; accumulative bond listings hit $42bn
TASI, NomuC collectively rise on Sunday
Qalaa Holdings logs EGP 38.2bn revenues in Q2-24
Arab Investment Bank sells EGP 287.5m shares in Misr Beni Suef Cement
Moody's upgrades Saudi Arabia to ‘Aa3’; outlook changed to positive
MAG Group’s real estate portfolio hits AED 43.7bn
FABMISR’s net profits leap 160% in Q3-24
Egypt’s ariika fuels expansion plans in MENA via $3m funding
ALEXBANK generates EGP 8.1bn net profits in 9M-24
Fakeeh Care secures SAR 750m loan from ANB
CBE auctions T-bills via 2 issues on Sunday
Multiply Group announces 2 key appointments
PIF’s Jada unveils investment in SEEDRA Ventures to back MENA’s early-stage companies
EGX closes Thursday’s trading session higher
Tadawul witnesses mixed performance on Thursday
Tarabut, Geidea to bolster SME financing solutions in Saudi Arabia
Saudi Arabia stood out as ideal choice for PayerMax’s regional HQ – Interview with Wang Hu
Banque Misr secures $1bn financing from Emirates NBD, Mashreq Bank
Palma Development marks progress on AED 3bn Serenia Living project
UAE stock markets close Thursday with collective decline
Jabal Omar pens SAR 1bn sale agreement
Al Saleh lead DSI’s growth strategy as CEO
Saudi flynas expands operations in Cairo
GCC-focused Lulu Retail posts $5.7bn revenues in 9M-24
Retal inks over SAR 112.5m development deal
CBE auctions T-bills worth EGP 52bn on Thursday
UAE leads Middle Eastern banking sector with $1.1trn assets
Saudi EdfaPay raises $5m pre-series A funding round to expand in MENA
Ajna Developments launches EGP 5bn project in New Cairo
PIF’s Diriyah plans to become vibrant global hub via SAR 13.6bn projects
Talabat unveils price range for IPO on DFM
Tanmiah pens SAR 650m facility deal with SNB
EFG Holding logs EGP 4.1bn consolidated profits in 9M-24; Saudi expansion plans unveiled
Al Jouf Cement inks deal with France-based Engie
Modon Holding, Hassan Allam partner for major construction projects in Ras El-Hekma
Qassim Cement to pay SAR 71.5m dividends for Q3-24 following 800% higher profits
ADNH Catering hikes stake in Compass Arabia
AIF Holding acquires 62% shareholding in ICON for EGP 1.6bn
Jabal Omar appoints Bajunaid as new CEO
Locad fuels GCC expansion plans via $9m funding round
Orascom Investment Holding registers EGP 527.5m standalone profits in 9M-24
GSK Egypt posts EGP 106m consolidated profits in 9M-24
Misr Cement delivers solid financial performance in 9M-24; sales hit EGP 4.1bn
Aramco launches new petrochemical complex in China
MM Group’s consolidated profits surpass EGP 801m in 9M-24; sales hit EGP 10.7bn
EFG Hermes unveils $300m Saudi Education Fund, deal with GFH
ADIB Egypt to invest EGP 1bn to drive digital transformation
Panda’s sales cross EGP 2bn in 9M-24; consolidated profits leap
ACWA Power, SPPC seal joint agreements worth SAR 15bn
TAQA joins consortium to develop 2 new power plants in Saudi Arabia
Beltone sees 405% higher consolidated revenues in 9M-24; profits exceed EGP 1.2bn
JANE delegation, NTG's Chairman Al Ballaa discuss investments in Saudi Arabia
Raya Holding records EGP 1.2bn net profits in 9M-24
Palm Hills reports EGP 130bn sales in 9M-24; profits hike 124%
Juhayna’s sales exceed EGP 18.3bn in 9M-24; profits leap 197% in Q3
Emaar Misr’s consolidated profits leap to EGP 10.3bn in 9M-24
Fawry records EGP 1.1bn profits in 9M-24; revenues jump 66%
HD Bank generates 98% higher consolidated profits in 9M-24
GB Corp sees 41% higher net profits in 9M-24; sales reach EGP 35.4bn
CBE unveils T-bonds, floating-rate note worth EGP 13bn
Gulf Navigation Holding’s revenues jump 26% in Q3-24
TMG Holding’s consolidated profits surpass EGP 9bn in 9M-24
Egypt’s 2024 Autotech exhibition kicks off to bolster automotive aftermarket industry
EBank logs EGP 3.9bn consolidated profits in 9M-24; assets cross EGP 172bn
Amanat records nearly AED 78.5m net profits in 9M-24
Salama recorded AED 30.5m net profits in 9M-24
Elsewedy Electric’s profits surge 64% in 9M-24; revenues hit EGP 164.8bn
B Investments Holding records solid financial performance in 9M-24
Julphar’s drives portfolio progress in MENA with 14% higher sales in 9M-24
Retal, Al Bilad Capital launch SAR 2bn development fund
Ataqa’s sales hit EGP 3.7bn in 9M-24; profits fall in Q3
CBE offers EGP 72bn T-bills on Sunday
Eshraq Investments reports AED 296m net losses in 9M-24
Telecom Egypt’s consolidated revenues exceed EGP 58.4bn in 9M-24
TAQA’s profits cross AED 6.6bbn in 9M-24; revenues up 6%
Riyadh-based fintech Lean raises $67.5m funding round to expand in MENA
Egypt Gas achieves over EGP 180.5m net profits in 9M-24
Ithmaar Holding’s profits leap in 9M-24; accumulated losses cross $837.5m
Egypt Aluminum’s profits leap 160% in Q1-24/25
Dubai Investments records AED 637m profits in 9M-24
CI Capital records EGP 1.6bn consolidated profits in 9M-24
CBE announces T-bills worth EGP 50bn end-week
Eastern Company records 162% higher net revenues in Q1-24/25
ADNOC L&S registers 27% higher profits in 9M-24
Thakher Development, Mulkia Investment create SAR 1bn real estate fund
Mopco generates EGP 11.5bn net profits in 9M-24
GFH’s consolidated profits jump 18% in 9M-24
RAK Ceramics logs AED 170m net profits in 9M-24
Arabian Cement records higher net profits in 9M-24; revenues hit EGP 6.3bn
DSI records solid financial performance in 9M-24; revenues up 13% in Q3