Latest news

Date Title
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
UAE’s crypto sector projected to hit $396m by 2028
Saudi non-oil business activity shows resilience in June amid slow demand
Egyptian Exchange ends Wedneday in green
Tadawul shows negative performance on Wednesday
Dubai Chambers, Aramex to develop services offered to business community
Al Ahly for Development and Investment weighs exiting subsidiary
Al Modawat inks SAR 85m deal with Saudi gov’t
CBE withdraws over EGP 1trn liquidity from Egyptian banks
DFM, ADX collectively rise on Wednesday
Saudi Arabia's POS transactions hit SAR 12.3bn in week
Act Financial IPO highlights Egyptian market’s attraction – MubasherTrade’s Hamdy
Egypt's sovereign fund, Al Ahly CIRA seal deal to launch 4 int’l universities
Act Financial eyes EGP 1bn investment in 3 listed companies – Zilla Capital’s El-Shenety
Egypt’s new ministers announced after Cabinet reshuffle
Lumi, SPA to boost strategic growth plans
ADNOC Drilling awarded $733m deal
Folk Maritime inks MoU with Bahri Ship Management to enhance fleet operations
Fairmont Hotels, SOL Properties partner to launch Fairmont Residences Solara Tower Dubai
Cenomi Centers unveils payment date for Q1-24 dividends
Link Holdco cuts stake in Fawry to 5%
ADIB provides AED 5.5bn sustainable finance in 2023
Sumou Real Estate, Jabeen team up for SAR 1.3bn project
TMG Holding launches EGP 1trn SouthMed project on Egypt’s North Coast
Ericsson appoints Johansson as Head of MMEA region
Global tech firm SharkNinja to launch HQ in EMEA region
Dubai-headquartered Dar Global debuts in Jeddah through Trump Tower
EGX’s indices close Tuesday with mixed performance
Sobha Realty breaks ground on AED 210m mall
Act Financial seeks stakes in real estate, logistics companies – Managing Partner
Relm Insurance scales up operations in MENA region
Tadawul closes Tuesday’s trading session lower
ADNOC garners $500m from AI solutions in 2023
Arabian Pipes wins SAR 293m supply deal
SIIG’s board ratifies SAR 377m dividends for H1-24
UAE expected to achieve $30bn in FDI during 2024
PwC Middle East unveils new partners to regional offices
UAE stock markets close Tuesday in green zone
Telecom Egypt, Hungary’s 4iG Group ink MoU to create $600m fibre JV
Dallah Healthcare pens deal to establish SAR 1.2bn fund
Sidpec, partners plan to launch $663m company to import US shale gas
Orascom Development Egypt unveils EGP 1.4bn sale deal
Arada Developments lists $400m Sukuk on Nasdaq Dubai
PIF’s revenues skyrocket to SAR 331bn in 2023
Sipchem’s unit awards $187m contracts to boost ethylene vinyl acetate production
flydubai introduces 2 destinations in Iran
Ajman’s GDP grows 6.25% in 2023
TMG Holding’s unit partners with Schindler to localise lift industry in Egypt
Almunajem Foods establishes new company in Riyadh
Fawry sees EGP 1bn block-trading
ACWA Power pens financing documents for SAR 2bn power plant in Uzbekistan
Al Baraka Bank-Egypt provides Raya Information Technology with EGP 550m credit facilities
EGX’s indices flag in green on Monday
Tadawul shows mixed performance on Monday
ITIDA, Telecom Egypt, Nokia to expand ICT services in MEA
TAQA Arabia, Voltalia ink framework agreement for $3.4bn green ammonia in Egypt
Presight, Wand AI partner to boost AI-based tools across UAE
DFM’s benchmark gains 21 pts on Monday; ADX’s edges lower
Yahsat awards SpaceX launch of 2 new Al Yah satellites
SRMG pens SAR 240m agreement
ADNOC L&S awards up to $2.5bn shipbuilding contracts
Egypt records 1st foreign assets surplus in 28 months
CMA greenlights IPO of extra’s unit
DIFC starts construction in 113,500 square feet development
Aramco boosts gas expansion plans via $25bn project awards
RTA awards AED 431m project to develop route for Dubai Harbour
Unemployment in Saudi Arabia edges higher to 3.50% in Q1-24
Dubai unveils AED 25bn FDI incentive programme
Egypt’s external debt declines $7.43bn in Q1-24
CBE offers EGP 8bn T-bonds on Monday
Kingdom Holding announces 2 key appointments
Egyptian Emirates unveils Middle East’s 1st automotive integrated industrial city
Tadawul’s indices close Sunday in red
Tabuk Cement releases date for cash dividends
TSFE partners with Fertiglobe, Scatec, Orascom Construction for green hydrogen project
Egyptian, French, Emirati consortium to launch EUR 7bn green energy project in Hurghada
Norton Rose Fulbright advises syndicate of lenders on $1bn loan to NBE
EFG Hermes concludes advisory on EFG Corp-Solutions’ 1st short-term note issuance
Egypt secures EUR 5bn financing from EU
e& anchors SMEs growth in UAE via new partnership
Egyptian-Norwegian companies seal $890m deal to produce green ammonia in Damietta
Mile Solutions partners with Premium Shipping to boost logistics in Saudi Arabia
SCZONE, TSFE pen agreement with Volkswagen to study producing cars in Egypt
ADIB, Silent Eight forge partnership to automate financial crime screening
Saudi sukuk, debt market hits 18.3% of GDP in 2023 – Report
Elaraby Group inks MoU to produce Heller products in Egypt
Schneider Electric, Al Ahly Sabbour ink development deal
Makkah Construction and Development announces CEO resignation
DTC, Blacklane Middle East ink MoU to elevate Dubai’s luxury transportation
Egypt inks agrement with Belgium’s DEME for EUR 24bn green hydrogen project
Ajman Bank, Magnati team up to foster digital payment services
Dallah Healthcare rolls out SAR 690m project contract
Aramco eyes 10% equity ownership in HORSE Powertrain
ADCB’s Al Hilal Bank collaborates with ADX to launch service for IPOs
Saudi Ceramics’ shareholders approve 25% capital increase
Tadawul closes Thursday with varied performance