Latest news

Date Title
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
GB Corp’s profits skyrocket in Q1-24; revenues hit EGP 9bn
Oriental Weavers’ consolidated profit surpasses EGP 557m in Q1-24
El-Shamsy highlights efforts behind choosing Mubasher.info as Best Economic Platform
Tadawul shows positive performance on Wednesday
EGX’s indices close Wednesday in red zone
Zahraa Maadi sees 10% higher net profits in Q1-24
Arabian Cement posts lower consolidated profits in Q1-24
UAE stock markets close Wednesday’s session lower
TVM Capital Healthcare launches $250m Afiyah Fund led by PIF-backed Jada
Saudi Miral Dental to commence trading on Nomu this week
Egypt-based fintech Thndr launches services into UAE market
UAE’s GrubTech secures $15m Series B led by Saudi Jahez
Raya Holding sees higher consolidated profits in Q1-24, turns to standalone losses
Almunajem Foods to disburse SAR 75m dividends for H1-24
Palm Hills registers 298% higher consolidated profits in Q1-24
PureHealth unveils AED 1bn local procurement to back National ICV programme
Yaqeen Capital announces offering price for Nomu listing
CI Capital’s consolidated profits leap 194% in Q1-24; regional expansion plans unveiled
DMCC pens MoU with Seoul Business Agency to boost UAE-South Korean ties
Tadawul’s indices close Tuesday in negative territory
EGX’s indices end Tuesday in red
Dubai Industrial City boosts regional presence via AED 410m land capacity expansion
Oil prices climb amid mounting tensions in Middle East – Saxo Bank
DFM, ADX close Tuesday in red zone
Dubai Taxi partners with Talabat to expand delivery fleet
Mubasher.info portal receives Arab Media award 2024
Middle East named world's fastest-growing real-time payment market for 2nd year – Report
Al Akaria’s board accepts CEO's resignation
UAE leads MENA in WEF’s 2024 index for tourism, travel development
Gulf Islamic Investments, LogiPoint ink SAR 1bn logistics JV deal in Saudi Arabia
Misr Cement logs EGP 32m consolidated profit in Q1-24
GO unveils 2 project contracts worth SAR 45.5m
Alkhorayef Water secures SAR 275m loan from Bank Albilad
EDGE, ADDED partner to boost Abu Dhabi’s industrial capabilities
DP World joins Maalexi to boost food security in Gulf countries
Saudi Public Investment Fund launches space company
Alhokair Group’s accumulated losses hit 35% of capital
Oriental Weavers’ consolidated profit rises to EGP 557m in Q1-24
Emirates Development Bank targets AED 30bn financing by 2026
Miral Dental to commence trading on Nomu this week
Goldman Sachs raises equity ownership in Cleopatra Hospitals Group
TASI loses 19 pts on Monday; NomuC shrinks 0.71%
EGX sees negative performance on Monday
Investor confidence drives growth in GCC’s healthcare market – JLL
Elm to Participate in GITEX Africa 2024
ADNOC raises local manufacturing target to AED 90bn by 2030
Mastercard, Payment24 partner to boost EMV adoption in EEMEA's fleet sector
DFM, ADX close Monday with mixed performance
Apache Egypt names new Acting Vice President, Country Manager
du, Gracia launch agritech digital platform to boost agriculture in UAE
Investor buys EGP 1.3bn stake in Minapharm Pharmaceuticals
UAE’s Premium Diagnostics acquires EGP 60m stake in City Medical Lab
UAE-based Holo raises fund to expand in Saudi Arabia
DP World launches SAR 900m logistics park at Jeddah Islamic Port
Il Cazar Developments unveils EGP 30bn Safia project in Ras El-Hekma
Plaza Premium Group announces $100m expansion plans in Middle East
UAE’s Nakheel awards construction contracts for Palm Jebel Ali mega development
PayTabs, NuMetric partner to enhance online invoicing in Saudi Arabia
CBE auctions EGP 9.5bn T-bonds, zero-coupon T-bonds
Beltone Holding turns to profitability in Q1-24
Obour Land achieves EGP 157m consolidated profits in Q1-24
Palms Sports concludes new acquisition transaction to expand portfolio
Alkhorayef Water obtains shareholders’ nod for 40% capital hike
Cleopatra Hospitals Group’s consolidated profit jumps to over EGP 204m in Q1-24
Maridive & Oil Services turns to profits in 2023
Tadawul’s indices close Sunday in red
EGX’s indices make strong start to week
Madinet Masr’s consolidated profit soars 287% YoY in Q1-24; contracted sales near EGP 15bn
NBK Egypt records 96% YoY higher profit in Q1-24
UAE's Presight AI Holding, Dell Technologies partner to boost digitalisation in MENA
Kuwait Oil Company awards ADES Holding’s unit 6 contracts with SAR 2.4bn backlog
Egypt’s OneOrder raises $16m to expand into GCC region
MBC Group’s subsidiary seals deal for 90-episode series
CBE offers EGP 60bn T-bills on Sunday
DEWA, Parkin to launch several EV charging stations in Dubai
Saudi Ground Services launches travel subsidiary
CBE holds interest rates steady
Centena Group boosts regional presence with platform debut in Saudi Arabia
Saudi Arabia’s CMA nods for Arabian Pipes’ capital hike
EGX maintains mixed results for 2nd consecutive session
TASI sheds 161 pts on Thursday; NomuC edges lower
Goldman Sachs reportedly becomes 1st Wall Street bank with Saudi HQ licence
Moody's affirms Fertiglobe’s rating, upgrades outlook
EFG Holding sees higher consolidated profits at EGP 2.1bn in Q1-24
Immensa joins forces with Pelagus 3D to expand business in MENA
Masdar seals deals for renewable energy projects in Indonesia
UAE stock markets end Thursday’s session lower
First Arab Forum for Aviation Security kicks off in Saudi Arabia
ECI’s gross exposure hits AED 9.6bn in 2023
Saudi SPPC inks deals to supply wind power to Japanese conglomerate
Egypt reportedly to operate EGP 1.7bn new fuel transportation pipeline
Maharah Human Resources unveils 2 key appointments
Banque Saudi Fransi to pay over SAR 1.1bn dividends for H2-23
CBUAE to issue AED 15bn monetary bills on 27 May
ADNOC concludes $935m institutional placement of ADNOC Drilling’s shares
Aramco signs multiple agreements at Saudi-Japan business forum