Latest news

Date Title
ACWA Power signs SAR 2.6bn financing documents for Egypt’s renewables plant
Calo unveils $25m funding round, Saudi IPO plans for 2027
Al Akaria’s unit to increase capital by SAR 250m
Beltone drives regional growth through majority equity acquisition in Baobab
ADNOC Drilling, Alpha Dhabi Holding’s JV acquires 51% stake in NTS AMEGA
Burjeel Holdings scales regional footprint via acquisition in Saudi Arabia
GFH Partners Limited takes over GCC-focused Manrre
Egypt C.bank plays role in equipping region’s 1st National Liver Transplant Center
MedGulf enters into health insurance contract with SEC
Naqi Water pens over SAR 12m project to expand poultry sector
CBE extends exemption from transfer fees via instant payment network, InstaPay
Garnet Developments joins Raya Smart Buildings to launch EGP 2bn project
BAAN to boost real estate portfolio following rebranding; capital hike unveiled
Nama Chemicals extends joint agreement to establish investment fund
Al Ansari Exchange collaborates with InstaShop to boost delivery payments
Al Jouf Cement announces green product for NEOM projects
Alsaif Gallery unveils SAR 97m sale deal to support growth strategy
Al Ansari Financial Services, Halan to drive financial inclusion in UAE
NWC completes SAR 86m projects to boost water efficiency
Shuaa Capital reinforces position in MENA’s financial market via capital optimisation plan
Saudi Re, Walaa Cooperative collaborate to back PIF’s development companies
CBE unveils EGP 6.5bn debt instruments
Alwasail announces leadership appointments
Saudi Printing submits capital hike to CMA for debt owed to Alinma Bank
Al Battal Factory to commence trading on Nomu year-end
Al Akaria sells 17 land plots for SAR 145m
Altharwah Albashariyyah unveils 2 agreements to boost education, training sectors
ACWA Power’s Sirdarya CCGT project in Uzbekistan commences operating
Dubai announces Wednesday official holiday to celebrate New Year
Lulu Retail launches 2 express stores in Saudi Arabia
Ajman Ruler approves emirate's AED 3.7bn budget for 2025
Magnati partners with Arabian Automobiles to offer payment solutions through Aani
ADES Holding awarded SAR 1bn jack-up drilling contract in Thailand
CBE offers EGP 55bn T-bills via 2 issues
Aramco-run Wa’ed Ventures leads YNMO’s $5m funding to boost regional business
Air Arabia launches 1st flight between Ras Al Khaimah, Moscow to enhance global connectivity
SVC invests in Jadwa GCC private equity fund 1
Companies currently reaping Al, ML gains in Middle East, globally to advance digitalization efforts – Report
Two GCC banks witness 100% acquisition transaction
Al Masaood Group joins forces with region-focused branch of German firm Hengst
Ras Al Khaimah property market seen growing in 4 years; nine-month period witnesses 70% leap
Dubai Taxi announces strategy until 2029, eyes untapped markets in region
Kuwait imposes 15% tax on multinational entities as of 2025
General Motors Middle East contributes to reducing carbon emissions on back of MEDC solar projects
NBK’s Weyay Bank unveils service to boost cross-border payments within GCC
Saudi market has continued to benefit from strong non-oil sector – Report
FESPA Middle East’s 2nd edition to take place in January; Egyptian BUC’s official partakes
IPS Congress 2025 to kick off in April for local, international investors
Egypt will have access to about $1.2bn upon executive board’s approval – IMF
Mohammed Bin Rashid Housing Establishment partners with Wasl for sustainable housing sector
Beltone’s board nods for EGP 10.75bn additional capital raise; double authorised capital
Savoye Middle East unveils 2025 plans for AI implementation amid $1.6bn market estimates
Sustainability Forum Middle East announces GIB as Partner for 2025 edition
Mastercard joins B2B platform Boost to drive growth of FMCG businesses
SABIC Agri-Nutrients announces SAR 1.4bn dividends for H2-24
GCC-focused The Family Office enters Kuwait to boost investors’ wealth growth
Knowledge Economic City to execute electromechanical works for Hilton Tower
Mouwasat’s board proposes SAR 400m dividends for 2024
Indialand Group’s Founder plans to double commercial assets portfolio in Dubai
First Mills to boost production capacity via SAR 123m new flour unit
ENOC, DMCC to establish JLT’s first-ever service station
Agility Global secures $1.4bn new credit facility
Banque Saudi Fransi’s shareholders approve 107.5% capital hike
Masdar, Endesa to bolster Spain’s renewable energy via stake acquisition deal
Al Madinah Ventures backs Saudi startups with $10m fund
Beltone VC’s CEO included in Forbes Middle East’s Top Venture Capitalists of 2024
Sheikh Tahnoon bin Zayed emphasises ADQ’s pivotal role in supporting regional prosperity
Banan Real Estate, subsidiary to acquire stake in Qimam Nashaz
Wall Street Exchange, TerraPay collaborate to advance cross-border payments
PIF-owned SRC to acquire SAR 1bn mortgage portfolio from Bidaya Finance
Knowledge Economic City inks joint deal for SAR 1bn mixed-use development project
Arabian Construction backs GCC’s operations via EGP 2.5bn loan from Emirates NBD-Egypt
Snowflake launches HQ in Saudi Arabia to expand regional presence
SABIC to disburse SAR 5.1bn dividends for H2-24
Riyadh Cables’ strong backlog in 9M-24 provides revenue visibility for near term – Aljazira Capital
Al Seer Marine receives 2 modern MR tankers; investments cross AED 1.4bn
Union Properties breaks ground on AED 2bn Takaya project
Bahri’s JV launches Yanbu Grain Handling Terminal
CBE issues EGP 4bn debt instruments on Monday
FLOOSS teams up with Bahrain Channels to offer seamless financing services
NBK sponsors Bloom Market to promote sustainability within Kuwaiti community
Fastex boosts Web3 future in MENA region, beyond
Ericsson to deploy ATEX-certified solution on Ooredoo Qatar’s offshore site
Multi Business Group to refurbish Naif Arab University’s AI centre
Siemens Healthineers enhances global distribution via acquisition deal in Egypt
ADNOC L&S boosts regional expansion via 20 offshore assets in 2024
United Mining Industries pens deal with RCJY to anchor expansion plans
Modon Holding enters Europe’s real estate market via acquisition deal
Masdar fully acquires Saeta to reinforce footprint in Iberian Peninsula
SVC invests in Raed Ventures to foster MENA’s tech startups
Global digital operator VEON moves HQ to Dubai
Hikma acquires portfolio of Takeda brands for MENA region
CBE offers EGP 55bn T-bills on Sunday
MENA-focused Paymob strengthens Apple Pay service in Egypt
ACWA Power eyes SAR 7.1bn capital hike
DP World boosts maritime in Senegal via $1.2bn port
Bawan rolls out SAR 832m supply deal with Aramco
Makkah Construction obtains regulatory nod for SAR 352m capital raise
Beltone’s unit inks EGP 350m agreement with SEKEM Group
Riyadh-based OmniOps raises $8m to promote AI infrastructure offerings