Latest news

Date Title
LG, Raya Electric partner to produce home air conditioners in Egypt
Ooredoo’s net profits rise 4% in H1-24; assets down
Global gold demand grows 4% YoY in Q2-24 – Report
Avalon Pharma’s board approves dividends for H1-24
Retal registers 19.5% higher profits in H1-24; dividends announced
Modon Holding logs AED 8.7bn profits in H1-24; revenues hike 333%
Makkah Construction and Development posts 37% YoY higher profit in H1-24
Act Financial makes debut on EGX with EGP 3.2bn market cap
EIC to pay SAR 112.5m cash dividends for H1-24
Delta Sugar’s net profit fall due to increased expenses
Al Ansari Financial Services to Acquire BFC Group Holdings for $200m
Leejam Sports’ profit leaps by 24% YoY in H1-24; dividends approved
Saudi Printing’s loss climbs 164% YoY in H1-24; accumulated loss reaches SAR 195m
Tadawul’s indices close Tuesday mixed
EGX closes Tuesday with positive note
UAE, Chile sign comprehensive economic agreement
ADIB Securities launches ADIBS Global in US market
Egypt’s Cartona raises $8.1m Series A extension fundraising
SouthMED, Banan projects drive TMG Holding’s 550% YoY profit surge in 7M-24
DFM, ADX close Tuesday’s session mixed
Egyptian gov’t ratifies final draft of EGP 50bn tourism support initiative
Multiply Group records solid performance in H1-24 results
Ayyan Investment’s net loss widens over 18% YoY in H1-24; accumulated loss totals SAR 362m
Bupa Arabia’s net profits leap 36.5% in H1-24
Yahsat achieves strong financial performance in H1-24; revenues hit $200m
UAE’s 7X posts strong results in H1-24
HDI Global expands in Middle East through new regional office in Dubai
Dubai Chamber of Digital Economy supports 212% YoY more startups in H1-24
Educatly secures $2.5m funding round co-led by Egypt Venture
Taiba Investments secures SAR 150m loan for project with stc’s unit
Saudi Ceramics’ net profit drops 90% YoY in H1-24
Americana Restaurants achieves $78m net profits in H1-24
IMF finalises 3rd review of Egypt’s $8bn loan deal; new tranche disbursed
NIP Group unveils largest entertainment IPO on NASDAQ
DFM’s profits near AED 181.5m in H1-24, attracts 72.5K new investors
CMA passes Al Arabia’s 10% capital increase
EGX’s indices close Monday with varied performance
RAKBANK’s profits up 21% to AED 1bn in H1-24
Tadawul shows mixed performance on Monday
du, Nokia upgrade 5G uplink performance in MEA
Egypt’s steel rebar production surges 37% in H1-24
UAE stock markets close Monday in green
Saudi-South Korean trade hits SAR 554bn in 5 years
SASCO’s profits fall to SAR 23m in H1-24
Saudi Kayan's net losses down in H1-24; accumulated losses reported
Knowledge Economic City announces 2 key appointments
Dubai real estate set for record growth in H2-24 – Report
Shaker Group’s net profit rises 9% YoY in H1-24
Saudi Arabia leads 1st round of GCC-Turkey free trade agreement talks
Arabian Cement logs higher profits at SAR 83m in H1-24; dividends unveiled
Egypt signs $342m agreements with int'l companies to boost oil, gas production
DSI turns into profitability in H1-24
Aldar Properties logs 57% YoY higher profits in H1-24
Amlak International sees lower profits in H1-24; assets exceed SAR 4.1bn
CBE offers T-bills worth EGP 60bn on Monday
Phoenix Group registers $122m profits in H1-24
stc names new Chairman, Vice Chairman
SABIC Agri-Nutrients’ profit dips over 5% YoY in H1-24
TASI grows 1.2% on Sunday; NomuC edges higher
Bank of Sharjah records positive performance in H1-24 financials
EGX’s indices end Sunday mixed
Apex Investment turns profitable at AED 23m in H1-24
CBI logs AED 81.5m profits in H1-24; total assets near AED 20bn
SODIC’s consolidated profit nears EGP 630m in H1-24
Al Seer Marine’s net losses deepen in H1-24
Dr. Sulaiman Al Habib’s profit surpasses SAR 1bn in H1-24; dividends approved
Deyaar sees 6% higher revenues in H1-24; profits cross AED 188.5m
Egypt’s MNT-Halan buys Türkiye’s Tam Finans
Mashreq Bank records AED 4bn profits in H1-24; operating income leap 20%
City Cement’s profit leaps 34% YoY in H1-24
Masdar announces EUR 1.7bn renewable energy transaction in Spain
UAE finalises comprehensive economic partnership agreement with Morocco
Almunajem Foods records 27.5% hike in H1-24 estimated profits
Beltone Mortgage secures 22.2% market share in H1-24
NBF’s net profits exceed AED 441m in H1-24
Bahri reports 20% YoY higher profit in H1-24
CBE auctions EGP 60bn debt instruments on Sunday
Knowledge Economic City’s losses leap 265% in H1-24
Tibbiyah’s board approves CEO resignation
TASI shrinks 0.62% on Thursday; NomuC rises 0.31%
Japan-based Sharp, Elaraby Group ink $50m deal
Balady Poultry posts 79% YoY higher profits in H1-24
UAB’s H1-24 net profits jump 15%
Saudi mega development project NEOM achieves progress in infrastructure
Mashreq Bank leads $3.2bn sustainability-linked funding round for GEMS Education
Banque Misr, Tanmeyah sign EGP 500m credit facility agreement
DFM, ADX close Thursday with collective gains
UAE-headquartered Pathfinder raises $325m investment ahead of NASDAQ listing
Dubai-based fintech Mamo secures $3.4m investment for regional expansion
UAE-China trade to hit $200bn in 2030 – DMCC
EIC’s net profits leap 106.5% in H1-24
Al Qemam pens SAR 9.4m deal with Asir Region Municipality
FAB achieves AED 8.4bn net profits in H1-24
Burgerizzr’s net profit soars 105% YoY in H1-24
Yanbu Cement’s net profits jump 13.5% in H1-24 initial results
Moody's Ratings maintains e&'s Aa3 ratings; outlook stable
Egypt raises fuel prices
NBE raises stake in 4 EGX-listed entities
NMDC sees 66% higher net profits in H1-24
Zain KSA records 86% drop in H1-24 net profits