Latest news

Date Title
ADNOC concludes $935m institutional placement of ADNOC Drilling’s shares
Aramco signs multiple agreements at Saudi-Japan business forum
Microsoft, UAE’s G42 unveil $1bn investment in Kenya
SRMG appoints Chairman, Vice President
Philip Morris International acquires 14.7% of Eastern Company
CMA approves Ayyan Investment’s capital hike
CBE offers EGP 50bn T-bills end-week
UAE-headquartered Huspy fuels growth plans in MENA via funding round
Future Aviation Forum 2024 attracts historic investments within 2 days
Aljazira Takaful Taawuni’s board nods for SAR 0.3/shr dividends for 2023
Egyptian stock market’s indices end Wednesday with mixed results
Emirates Islamic issues $750m sustainability sukuk
Aldar, Dubai South join forces to build facility for Kuehne+Nagel
Maait announces EGP 500m additional financing for special funds employees’ salaries
Rasan sets price for Tadawul IPO at SAR 37/shr
UAE stock markets fall collectively on Wednesday
EFG Hermes acquires equity ownership in Danish fintech Kenzi Wealth
Nayifat Finance’s Chairman resigned over difference in views
Saudi Arabia’s NDMC closes SAR 3.2bn sukuk issuance
NBE secures $119m loan from EBRD
Al Rasheed to begin Nomu trading end-week
flyadeal expands fleet size with new order at Future Aviation Forum
Dubai International Airport records 23m passengers in Q1-24
Remco’s consolidated losses deepen to EGP 1.8bn in 2023
e-finance acquires stakes in Al Ahly Momken, EasyCash
SAL pens SAR 458m joint deal with Riyadh Airports at Future Aviation Forum
SABIC to disburse over SAR 5bn dividends for H1-24
National Housing Company signs 20 agreements at Real Estate Supply Chains Forum
ADX records large deals on ADNOC Gas
TMG Holding’s contractual sales surpass EGP 100bn
Central Bank of Egypt withdraws EGP 872.5bn liquidity from 31 banks
Honeywell, Volts team up for 1st gigafactory in Abu Dhabi
Madinet Masr unveils EGP 70bn development investments
Keir International awarded 77m agreement from SEC
Future Aviation Forum 2024 likely to showcase $100bn opportunities in Saudi aviation sector
EGX closes Tuesday in decline; market cap value hits EGP 1.84trn
Edita sees 26% higher consolidated profits in Q1-24
Orascom Construction logs $50m consolidated profits in Q1-24
Riyadh Air’s Coste unveils plans until 2030, impact on Saudi employment ecosystem – Interview
ACIG lowers accumulated losses to nearly 17% of capital
Taiba Investments to pay SAR 169m dividends for 2023
DFM closes Tuesday’s session up; ADX down
Korea Tourism Organization launches regional office in Saudi Arabia
ANB, Amlak International obtain shareholders’ nod for capital hike
Riyad Capital launches 1957 Ventures fund to anchor fintech sector
UAE’s Plain Tiger secures investment to expand business in Saudi Arabia
Retal’s subsidiary inks SAR 2.8bn deal with PIF-owned Roshn
Valu concludes EGP 617m bond issuance
Merit secures $12m funding round co-led by SAIB’s investment arm
Regeny, Tellus Power to bolster sustainable mobility in Middle East
Mubadala marks 1st renewable energy investment in Japan
Civil aviation contributes $53bn to Saudi economy – GACA
SAMI Advanced Electronics joins 3rd Future Aviation Forum as strategic partner
Tadawul’s indices end Monday in red
EGX sees varied performance on Monday
ADGM’s assets under management soar 211% YoY in Q1-24
Saudia pens historic deal with Airbus during Future Aviation Forum 2024
UAE stock markets close Monday in red zone
Aramco, Pasqal to deploy 1st quantum computer in Saudi Arabia
Jazadco shifts to SAR 41m losses in Q1-24
eTax signs digitalisation agreement with Egypt’s Real Estate Tax Authority
Chemanol’s net losses shrink 50% in Q1-24 financials
Future Aviation Forum 2024 launches in Saudi Arabia
EBank’s consolidated profit leaps to EGP 1.1bn in Q1-24; capital hike approved
Al Babtain Power’s profits skyrocket 481.6% in Q1-24
SNB names new Chairman, Vice Chairman
SAL to disburse SAR 141m cash dividends for Q1-24
Riyadh's real estate office market draws increasing demand – Report
Beltone’s Cash for Microfinance pens cooperation protocol with Microfinanza Italia
Cenomi Retail’s losses deepen 171.5% in Q1-24; accumulated losses reported
Alef Education Holding plans to list 1.4bn shares on ADX
Riyadh Cement generates 4.5% lower net profits in Q1-24
Aramco inks 3 MoUs with American companies for lower-carbon solutions
SMASCO unveils final price for Tadawul IPO
Shuaa Capital plans to issue AD 367m bonds; CEO appointed
CBE issues two-type T-bonds worth EGP 9bn on Monday
TASI ends nearly flat on Sunday; NomuC gains 578 pts
EGX’s indices soar on Sunday; turnover surpasses EGP 6bn
Mopco’s net profit leaps by 95% YoY in Q1-24
UAE’s Electra Investment offers to buy up to 24.5% of Elsewedy Electric
MEPCO suffers higher net losses at SAR 19m in Q1-24
Northern Region Cement's profits leap 137% in Q1-24
Al Hammadi Holding’s net profit drops 21% YoY in Q1-24
Tabuk Cement’s profit dips 17% YoY in Q1-24
Al Arabia records 11% YoY profit increase in Q1-24
Dr. Sulaiman Al Habib unveils SAR 409.5m dividends for Q1-24
Najran Cement’s net profit plunges 26% YoY in Q1-24
Retal inks SAR 660m agreements with Saudi Arabia's National Housing Company
Sudatel Telecom turns to $26 losses in Q1-24
Almarai acquires logistics company for SAR 182m
SIIG names new Chairman, Deputy Chairman
Knowledge Economic City sees 49.5% higher losses in Q1-24; accumulated losses unveiled
Egypt negotiates $1.2bn climate financing from IMF
Yanbu Cement to pay over SAR 118m dividends for H1-24
Keyper secures $34m to expand rental experience in UAE
UAE’s e-commerce market to hit AED 49bn by 2028 – Report
Kingdom Holding’s net profit jumps 15% YoY in Q1-24
Fitch Ratings upgrades outlooks on 4 major Egyptian banks to positive; ratings affirmed
Alandalus Property’s profits down to nearly SAR 5m in Q1-24
Dar Al Arkan records 30.5% leap in Q1-24 profits