Latest news

Date Title
UAE stock markets close Wednesday in green zone
Servme, MyFatoorah partner to enhance digital payments in Middle Eastern restaurants
Egypt’s annual headline inflation edges lower to 27.1% in June
Al Seer Marine elects Chairman, Vice Chairman
IHC’s unit completes nearly 20% equity acquisition in Elsewedy Electric; value unveiled
Saudi Re completes procedures to exit UK’s Probitas; Aviva seals GBP 249m acquisition
Ezz Steel swings to consolidated profit in Q1-24
Saudi Arabia tops MENA's VC funding in H1-24 – Report
Egypt's agricultural exports soars $600m YoY in H1-24
Elm inks agreement with Saudi Ministry of Interior, Data & AI Authority
Dubai Chambers, VFS Global sign MoU to improve access to global markets
Egypt ratifies $200m energy agreements with local, int’l companies
GCC’s project awards drop 20% YoY in Q2-24 – Report
EGX closes Tuesday in green zone
Tadawul shows mixed performance on Tuesday
Ayyan Investment obtains shareholders’ nod for 25% capital hike
Othaim Markets pens SAR 331.5m lease agreement
MyAlice partners with AstroLabs to expand in Saudi Arabia
DFM closes Tuesday down; ADX up
Rove Hotels opens new boutique hotel in Dubai
SHL extends SAR 2bn facility deal with ANB
Najm launches initiative for safe driving in Saudi Arabia
Armah inks over SAR 127.5m lease deal
Egyptian trade deficit widens 22% YoY in 9M-23/24 – CBE
Egypt’s FDI soars 200% in 9M-23/24 – CBE
Avalon Pharma obtains SAR 70m from Emirates NBD
Aramco offers USD-denominated int’l bonds
Agthia Group launches AED 90m manufacturing facility in Saudi Arabia
eXtra sees 37% higher net profits in H1-24
Ajman’s economic licenses grow 15% YoY in H1-24
Red Sea disruptions cause Suez Canal’s revenues to drop over 7% YoY in 9M-23/24 – CBE
QNB’s H1-24 net profits leap; consolidated assets hit EGP 750.3bn
NOW Money, Mastercard partner to foster payment in GCC
Saudi Arabia, UAE make 82% of GCC’s oil exports to Japan in May 2024
Tadawul closes Monday’s session mixed
EGX’s indices end Monday with varied performance
Network International, Policybazaar facilitate access to affordable insurance policies
PIF’s Neo Space names Blanken as new CEO
EMX introduces EMX International to facilitate e-commerce delivery in GCC
UAE stock markets show mixed performance on Monday
ASG Plastic Factory to trade nearly 11% shares on Nomu
NBK seals 5-year deal to deploy Super iPaaS solution in Middle East
Dubai real estate market records $2.1bn in 2024 sales
Madinet Masr pens MoU for construction of EGP 1bn Sarai project
Dubai Media, NEP Group ink MoU to boost logistical capabilities
Saudi Arabia ranks 3rd in EMEA 5G download speeds – Opensignal
Ajman Bank, Positive Zero partner to implement energy efficiency solutions
GFH Partners launches new fund to expand in US
Riyadh ranks among world’s top 15 fastest-growing cities by 2033 – Report
Saudi Arabia's liquidity hikes to SAR 2.8trn in May
Egypt’s international reserves hit new summit in June
DEWA attracts AED 43.6bn projects via IPWP model
Jamjoom Pharma secures facility deal for unit in Algeria
CBE auctions T-bonds worth EGP 8.2bn on Monday
Tadawul’s indices ends positive on Sunday
Egyptian Exchange closes Sunday in green
India’s Zoya Developments to invest AED 2bn in Dubai
Ajman Bank integrates with Aani Instant Payment to foster innovation
Abu Dhabi’s non-oil GDP up 59% in 10 years
CATRION Catering inks MoU with North Ireland’s Mallaghan Engineering for 85 high loader
ADX unveils secondary listing of inaugural ADQ $2.5bn bond
Jahez International requests transfer to Tadawul’s main market
PIF pens SAR 427m deal to raise stake in Saudi Re to over 23%
ADNOC, JBIC pen $3bn green financing deal
Taaleem’s profits cross AED 225m in 9M-23/24
Almarai’s consolidated profit grows 10% YoY in H1-24
Amak appoints news Acting CEO
SAIC’s estimated profit jumps over 200% in H1-24
EGX extends period for Elsewedy Electric’s acquisition offer
EGX to halt operations on 11 July
Flynas launches 1st direct flight between Riyadh, El-Alamein
BinDawood, Regional Group ink MoU to open 8 branches in Qatar
Alkhorayef Water inks SAR 191m contact with NWC
Visa partners with Emaar Properties, Mashreq Bank to digitise B2B payments
NMDC rolls out project contract exceeding AED 129.5m in value
Orascom Development’s unit finalises deal with Egyptian authorities for Makadi Bay land
Umm Al Qura Cement names 2 key appointments
CBE announces T-bills worth EGP 65bn on Sunday
Radius Group, Knight Frank MENA to launch 1st UAE project
Mastercard, LuLu Group partner to foster sustainability in GCC’s retail payments
EGX’s indices close Thursday mixed
Tadawul closes trading session higher end-week
Egypt's construction industry to expand 8% annually until 2029 – JLL
Egypt’s startup El Kheta raises $400,000 funding
Elm’s CEO resigns; Alomair succeeds
DFM closes Thursday’s session down; ADX up
Fitch assigns BBB+ rating to Gulf Union Al Ahlia; outlook stable
2P Perfect Presentation inks SAR 52m agreement
Ebank’s EGM nods for capital hike, bonus share payment
ADNOC, e& to develop largest private 5G wireless network
Abu Dhabi airports welcome over 22m travellers in 2023
Saudi Paper inks SAR 150m facility agreement with Emirates NBD
TADCO names new Chairman, Vice Chairman
Egyptian non-oil sales climb in June after 34-month decline – S&P Global
UAE’s PMI down to 54.5 in June
Abu Dhabi Businesswomen Council inks MoU with Seen App
India’s CoinDCX acquires Dubai-based BitOasis to expand in MENA
Saudi local content authority adds 205 products to mandatory list
Orascom Investment Holding’s consolidated profit jumps to EGP 351m in Q1-24
CBE unveils T-bills worth EGP 75bn on Thursday