Latest news

Date Title
Dallah Healthcare reports 26% YoY profit hike in Q1-24
Sipchem’s affiliate firm secures SAR 1.5bn loan from 2 banks
City Cement registers 51% higher profits in Q1-24
ADIB Egypt’s consolidated profits hike to EGP 2.1bn in Q1-24
MedGulf’s net profit drops 27% YoY in Q1-24; accumulated losses hit SAR 231m
QatarEnergy to acquire 40% of 2 offshore exploration blocks in Egypt
Aljazira Takaful Taawuni logs 79% YoY higher profit in Q1-24
Saudi Ground Services logs 78% higher profits in Q1-24
Banque du Caire secures $100m SME financing from IFC
CIB records jump in Q1-24 consolidated profits to EGP 11.9bn
UAE tops global rankings in fibre-to-the-home penetration
Arabian Drilling’s net profit rises over 3% YoY in Q1-24
ADES Holding’s net profits leap 124.6% in Q1-24
CBE offers EGP 9.5bn debt instruments on Monday
ADNOC Drilling posts 26% higher profits in Q1-24; new dividends policy unveiled
EGX starts week in collective-index decline
Saudi Cement achieves nearly SAR 114m net profits in Q1-24
Yanbu Cement records SAR 58m net profits in Q1-24 on higher sales
NHC, TMG break ground on SAR 40bn Banan City project in Saudi Arabia
TASI loses over 67 pts on Sunday; NomuC rises 0.4%
ADNIC registers strong financial performance in Q1-24
SAL’s net profit hikes 100% YoY in Q1-24
SPARK appoints Al Naimi as new Chairman with expertise in Saudi upstream giants
Allianz Saudi Fransi sees higher profits in Q1-24; investment income surges 86%
Shaker Group’s net profit rises 12% YoY in Q1-24
RAK White Cement’s profits leap in Q1-24 to AED 13m
Elm’s net profit grows 7% YoY in Q1-24
Walaa Cooperative Insurance posts 64% YoY profit hike in Q1-24
DEWA announces Q1-24 financial results; revenues hit AED 5.8bn
Arabia Insurance Cooperative’s profits rise 7% in Q1-24
SEC’s consolidated profit soars 87% YoY in Q1-24
Al Akaria’s Binyah pens SAR 532m agreement for excavation works
RAK Ceramics achieves AED 63m net profits in Q1-24
Al Rajhi Bank concludes $1bn USD-denominated sukuk
Zain KSA posts 94% YoY lower profit in Q1-24
Astra Industrial generates 22% higher net profits in Q1-24 financials
Mobily’s consolidated profit jumps 37% YoY in Q1-24
Abu Dhabi National Hotels sees higher net profits in Q1-24
UAE, Indonesia ink MoU to use local currencies in trade
Budget Saudi sees higher profits in Q1-24; revenues up 39.5%
Aramex’s profits near double in Q1-24 interim results
Alexandria Container’s profit leaps 26% YoY in 9M-23/24
Saudi Chemical’s Q1-24 profits jump 183.5%, revenues exceed SAR 1.6bn
CBE unveils T-bills worth EGP 60bn on Sunday
Ajman Bank unveils leap in Q1-24 financials, key appointments
Saudi Cable’s board recommends capital increase via rights issue
Alkhaleej Training delivers strong financial performance in Q1-24; accumulated losses reported
ACWA Power achieves SAR 296m net profits to owners in Q1-24
Sumou Real Estate obtains CMA approval for capital raise
Tadawul’s indices see varied performance on Thursday
Retal’s Q1-24 net profits leap 50%; revenues cross SAR 500.5m
EGX’s indices rise slightly on Thursday
Presight’s consolidated profit rises to AED 96m in Q1-24
Rak Properties unveils AED 41.5m net profits in Q1-24
Alujain Corporation turns profitable at nearly SAR 6m in Q1-24
Saudi Printing incurs higher losses in Q1-24; accumulated losses unveiled
Aldar Properties’ investment arm issues $500m green sukuk
Arabian Shield posts higher profits in Q1-24; revenues hike 53%
DFM, ADX fall collectively on Thursday
Advanced Petrochemical turns to loss in Q1-24
Al Modawat’s board recommends stock split
Al Alamiya swings to profitability in Q1-24
Emirates Steel Arkan’s net profits exceed AED 128m in Q1-24
TAQA Arabia posts 16% YoY higher consolidated profit in Q1-24
GASCO records higher net profits at over SAR 78.5m in Q1-24
Total liquidity in Saudi Arabia rises over 8% YoY in March
Faisal Islamic Bank's consolidated profit leaps 181% YoY in Q1-24
Jamjoom Pharma registers SAR 103m net profits in Q1-24
DSI’s net losses deepen to AED 46m in Q1-24
Gulf Union Al Ahlia logs 30% YoY profit decline in Q1-24
ADNOC inks 15-year LNG agreement with Germany’s EnBW
Saudi Re generates 184% leap in Q1-24 net profits
Egypt's non-oil private sector marks 41st consecutive month of contraction
SIIG delivers growth in Q1-24 initial financials
Egypt’s annual headline inflation decelerates over 1% in April
ADNOC Distribution sees higher profits in Q1-24; growth plans announced
CBE issues EGP 50bn T-bills on Thursday
SMASCO unveils price range for Tadawul IPO
Saudi Ceramics achieves 6% higher net profits in Q1-24
EGX’s indices close Wednesday lower
Tadawul closes Wednesday’s session in green zone
Riyadh Development records 117.5% jump in Q1-24 net profits
NMDC posts AED 641m consolidated profit in Q1-24
Egypt to build int’l tourist port in New Ras El-Hekma
Amlak Finance’s net profit hits AED 27m in Q1-24
Nofoth announces 2023 dividend recommendation
RAYA CX acquires 15% of Gulf Customer Experience Bahrain
Air Cairo chooses Seera’s Almosafer as exclusive agent in Saudi Arabia
UAE stock markets close higher on Wednesday
Mastercard restructures leadership roles in MENA
Nahdi Medical’s profit shrinks 5% YoY in Q1-24
Al Rajhi Bank to issue USD sukuk to Saudi, int’l investors
Jabal Omar Development’s board nods for CEO resignation
Dana Gas’ consolidated profit dips to $38m in Q1-24
Beltone, UAE’s Comera partner to boost digitalisation in Egypt
stc’s profits rise over 5% YoY in Q1-24; dividends proposed
ADNOC L&S logs 34% YoY profit hike in Q1-24
Egypt int’l reserves hit 4-year high in April 2024
Nayifat achieves SAR 17m net profits in Q1-24; revenues decline 15%
SEC obtains $1bn loan from SNB