Latest news

Date Title
UAE, Malaysia in talks for comprehensive economic partnership agreement
Saudi Alliance signs largest logistics zone contract abroad in Djibouti
Tumodo, Tabby to facilitate digital transformation of MENA’s travel market
Emirates, IATA, Airbus develop competency-based training for A350 Pilots
Egypt’s international reserves hit new record high in May
Huawei Cloud launches GaussDB in Saudi Arabia to foster AI industry
Saudi Exchange’s key indices decline on Tuesday
Egyptian Exchange closes Tuesday in green
Supplai launches AstroLabs in Saudi Arabia to expand business
Egypt to raise public spending by 29% YoY in FY24/25 budget
Vodafone Egypt to deploy Ericsson’s 1st triple-band radio tech
UAE stock markets close Tuesday with varied performance
TAQA completes financing of Juranah ISWR-1 project co-led by 4 lenders
Egypt’s non-oil sector gives best readings in 33 months – S&P Global
Saudi non-oil private sector maintains growth in May; PMI hits 56.4
CMA nods to Nomu listing, IPO of 2 companies
KEZAD Group signs 50-year lease for AED 367m factory in Abu Dhabi
GASCO’s board passes cash dividends for H1-24
RAK Ceramics fully acquires RAK Porcelain
SAIC inks MoU to acquire 100% of Dar Al-Balad Business Solutions
Manazel eyes capital raise to boost expansion plans
GCC's passenger traffic to grow 4% annually from 2024 to 2030 – IATA
Egypt's GYPTO Pharma signs strategic partnership with US pharmaceuticals giant Abbott
ACWA Power sells 30% of Rabigh IWSPP for SAR 844m
Emaar expands Dubai Mall via AED 1.5bn investments
SiFi raises $10m funding round led by PIF’s Sanabil
EGX closes Monday with negative note
Tadawul closes Monday’s session higher
Pan Gulf secures SAR 70m financing agreement
Salama Cooperative obtains IA’s nod for capital hike
UAE stock markets flag in green on Monday
Fakeeh Care to trade shares on Tadawul this week
CBE offers T-bonds, T-bills in USD on Monday
Burjeel Holdings launches JV for cost-efficient healthcare solutions in MENA
EFG Hermes ONE partners with Banque Misr, PayTabs Egypt for stock trading feature
Saudi Exports inks MoU with Alibaba to expand reach to global markets
Al Babtain Power announces 10% of capital as dividends for 2023
AD Ports seals JV With Adani Ports for Tanzania investment
Bank Aljazira acquires 4.6m shares in AlJazira Takaful Taawuni
2P Perfect Presentation granted SAR 135m loan from Alinma Bank
Saudi Arabia’s tech exports exceed SAR 6bn in 2023
Abu Dhabi Aviation appoints Al Remeithi as CEO
Dubai aims to double logistics, land transport contributions to AED 16.8bn
ADNOC L&S fuels global expansion plans via new acquisition
Egyptian Insurtech Mal Bazaar receives regulatory approvals from FRA
OPEC+ agrees to extend significant oil output cuts through 2025
Yansab unveils SAR 562.5m cash dividends for H1-24
TASI rises over 1% on Sunday; NomuC loses nearly 2%
Egyptian Exchange closes Sunday in red
Juhayna's consolidated profit jumps to EGP 479m in Q1-24
GCC tops Dubai Chamber of Commerce export list with AED 40.8bn
Qalaa Holdings opens 1st phase of debt purchase programme
Saudi Elm, France-based Numeryx Technologies partner to drive digital transformation
EGX announces details for Elsewedy Electric’s acquisition offer
Aramco acquires 40% shareholding in Pakistan-based GO
EFIC’s consolidated profit leaps to EGP 428m in Q1-24
Growdash secures $1.8m funding round led by MENA-focused fund Oryx
Panda achieves EGP 65m consolidated profits in Q1-24
Saudi EXIM pens agreements with Macquarie, Allianz
ADNOC awards 3% equity in SARB, Umm Lulu concession to SOCAR
Saudi Arabia provides $129bn aid to 169 countries
Sinai Cement swings to profitability in Q1-24
SABIC Agri-Nutrients unveils SAR 1.4bn dividends for H1-24, quarterly financials
Saudi MESC awarded $60m joint project in UAE
Alef Education raises 1st tranche of IPO on high demand
Aramco inks SAR 3bn contracts for steel pipes supply
Egypt’s foreign asset deficit shrinks over 12% MoM in April 2024
Banque Saudi Fransi, Al Arabia eye capital increase via bonus shares
Egypt’s central bank unveils EGP 50bn T-bills
Aman’s accumulated losses hit AED 149.5m in Q1-24
United Mining Industries names Chairman, Vice Chairman
Unlike UAE stock markets on Thursday, Tadawul shows varied performance while EGX falls
FABMISR delivers 108% annual leap in Q1-24 net profit
PIF’s newly launched Neo Space partners with Display Interactive for next-gen connectivity solutions
EFIC’s standalone profit jumps to EGP 158m in Q1-24
ElSaeed Contracting’s consolidated profit grows to EGP 61m in Q1-24
B Investments Holding’s profits to shareholders near EGP 892m in Q1-24
Scientific & Medical Equipment pens SAR 51m agreement
MM Group posts EGP 257m consolidated profit in Q1-24
East Pipes Integrated unveils SAR 142m contract
Winning Arab Media Award crowns Mubasher.info’s years of hard work – El-Bassal
EIPICO’s consolidated profit jumps to EGP 603m in Q1-24
UAE stock markets flag in green on Thursday
IDH logs EGP 401m consolidated profits in Q1-24
Ataqa generates EGP 61m profits in Q1-24
Eastern Company’s profit shrinks 2% YoY in 9M-23/24
Gas Arabian Services rolls out SAR 761m deals with Saudi Aramco
TMG Holding’s consolidated profit leaps to EGP 4.1bn in Q1-24
EGAS hikes stake in Mopco for EGP 600m
Saudi Arabia inks MoU with Austria for economic cooperation
Arab Developers Holding swings to consolidated loss in Q1-24
CMA nods for Academy of Learning’s capital raise
ADIO, Khazna partner to build data centre in Abu Dhabi
HD Bank’s consolidated profits leap to EGP 2.8bn in Q1-24
Saudi Arabia’s National Debt Management Center closes $5bn sukuk issuance
Horizon Educational to float shares on Nomu next week
Telecom Egypt’s consolidated net profit rises 2% YoY in Q1-24
CBE issues T-bills EGP 45bn on Thursday
Moody’s upgrades DEWA’s credit rating to ‘A3’; outlook stable
Shams names Chairman, Vice Chairman