Latest news

Date Title
ACWA Power, Malaysia enter into strategic partnerships with investments up to $10bn
Binghatti acquires mega plot for AED 25bn residential community
Stitch raises $10m seed to transform financial landscape in MENA
Gas Arabian pens agreement exceeding SAR 830.5m in value
Misr Beni Suef Cement’s consolidate profits fall to EGP 574m in Q1-25
Egypt Aluminum targets EGP 13.7bn profits in FY25/26
Orascom Construction’s consolidated profits exceed $27m in Q1-25
Fawry MSME Finance closes 1st securitized bond issuance at EGP 497.5m
Bahri, Saudi Lime obtain regulatory nod for capital hike
Juhayna secures EGP 1.9bn financing from CIB
Dubai Residential REIT becomes largest listed REIT in GCC via DFM debut
Prices of investment funds including certificates in EGP, USD
Binghatti, ADIB ink MoU for Sharia-compliant home financing in Dubai
Edita’s profits drop in Q1-25; consolidated sales exceed EGP 4.2bn
Pyramisa Hotels logs EGP 170.5m consolidated profits in Q1-25
GFH, Kuwait-based real estate firm Al Tijaria to foster GCC logistics sector
Valu expected to float shares on EGX in June
DIB seals $150m financing agreement with Turkey’s telecom provider Turkcell
Aramco begins issuance of US-denominated bonds
Lulu Retail to join FTSE Global Equity Index Series
Arabian Pipes rolls out SAR 104m contract with Aramco
NBK-Egypt sees 58% higher profits in Q1-25
Prices of investment funds including certificates in EGP, USD
Riyadh-based BirdEye closes SAR 2.2m funding to promote retail digital transformation
Aspen boosts regional expansion via HQ in Riyadh
ADNOC Drilling secures $1.1bn contract award for 2 jack-up rigs
Elsewedy Electric logs EGP 4.1bn consolidated profits in Q1-25
Banan’s unit Qimam Noshoz to increase capital to SAR 110m
ICON posts EGP 1.6bn revenues in Q1-25, turns to standalone profits
Acrow Misr’s consolidated profits exceed EGP 200m in Q1-25
EFG Hermes concludes advisory on HSB's 6th senior unsecured short-term issuance
Cleopatra Hospitals Group sees higher consolidated profits at EGP 232m in Q1-25
Prices of investment funds including certificates in EGP, USD
Shaker Group announces key appointments
Leejam Sports to pay SAR 42.5m dividends for Q1-25
CBE offers EGP 22bn T-bonds on Monday
Madinet Masr’s consolidated profits fall in Q1-25; gross contracted sales hit EGP 11.5bn
Dubai Land Department launches MENA’s 1st tokenized real estate project
Gainz secures funding round to back regional expansion plans
viAct fuels MENA’s expansion via $7.3m funding round
HP expands footprint in Egypt via new office
DTC expands partnership via 6,000 Taxis on Bolt platform
Hassan Allam Construction pens joint deal to rehabilitate Alexandria Raml tram line
2P Perfect Presentation extends SAR 265m financing deal with Al Rajhi Bank
Sumou Real Estate, NHC ink SAR 680m development agreement
Alexandria Container records EGP 1.1bn block trading deal
CBE unveils EGP 75bn T-bills on Sunday
ADNOC suppliers commit AED 3bn investments to boost UAE’s manufacturing
Prices of investment funds including certificates in EGP, USD
Matarat Holding, Thales team up to bolster Saudi airport sector
Tabuk Cement reports 28% fall in Q1-25 net profits
Egypt cuts key policy rates 1%; CBE says decision reflects most recent outlook
DMCC witnesses 13% rise in Singaporean companies
Bybit becomes 1st crypto exchange to enable global stock trading with USDT
Red Sea International sees 62% lower net losses in Q1-25; accumulated losses unveiled
MubasherTrade sets Bonyan’s FV at EGP 7.9/shr
FAB becomes 1st in MENA to adopt Oracle-Mastercard solution for B2B payments
Capgemini launches Digitelles Misr with AUC to empower women
Aramco achieves world-first in gas operations, boosts renewables investment, energy efficiency
Cisco unveils collaboration with Saudi enterprise to boost global AI infrastructure
GTN and Galt & Taggart join forces: unlocking global investment for Georgia
Zoho, areeba pen $5m partnership deal at Seamless Dubai 2025
RAKBANK, EDA announce AED 1bn co-financing to support UAE’s industrial growth
IHC launches UAE-developed marketplace to boost AI globally
CBE offers EGP 70bn T-bills end-week
Dubai-based carrier flydubai resumes direct flights to Damascus
Flynas’ final IPO price set at SAR 80/shr; offering attracts SAR 409bn in orders
Waja’s net profits shrink 76% in Q1-25
Dubai Industrial City attracts AED 1.7bn of investments in 12 months
NMDC Energy to expand business in UAE, Saudi Arabia via joint deal
Eastern Company logs EGP 7bn profits in 9M-2024/25
EFG Holding records drop in Q1-25 consolidated profits
Prices of investment funds including certificates in EGP, USD
Saudi spacetech SARsatX raises $2.6m funding round
Sinad Holding extends, raises facility deal with SAIB
CMA approves ACWA Power’s capital raise
Emirates Stallions expands GCC footprint via purchase deal in Saudi Arabia
Almarai’s subsidiary Beyti drives sustainability via EGP 1.8bn loan from HSBC Bank
EFG Finance nods for MaxAB-Wasoko’s acquisition of Fatura
Aldar becomes MENA’s 1st developer to use EMSTEEL’s hydrogen-based steel rebar
ALEXBANK logs EGP 3.6bn profits in Q1-25
Al Ansari Exchange, UnionPay sign deal at Seamless Middle East 2025 to launch MoneyExpress remittance service
Ajman Bank debuts listing on Nasdaq Dubai via $500m Sukuk issuance
Qassim Cement to disburse 8% of capital as dividends for Q1-25
Beltone Leasing closes 2nd securitization bond for EGP2 bn
Saudi Ground Services obtains SAR 300m loan from Banque Saudi Fransi
Prices of investment funds including certificates in EGP, USD
Al Seer Marine inks AED 47.6m production deal with Albwardy Damen
TMG Holding boosts regional expansion via development deal with Oman
Alujain Corporation unveils SAR 52m dividends for Q1-25
BASF Agricultural Solutions has Babouih as Country Manager for Egypt, Middle East
PIF holds 2nd with presence of 1,000 global board members, executives
Seamless Middle East 2025 to kick off in UAE with 25,000 attendees
FABMISR witnesses EGP 3.9bn net profits in Q1-25; customer deposits grow 12%
Spinalex increases paid-up capital by EGP 80m upon shareholders’ approval
Aman Holding announces regional deals, EGP 6.4bn revenues in 2024, capital raise by end of Q1-25
Saudi PIF adds to global expansion via new subsidiary office
Egypt Gas generates higher net profit at EGP 196m in Q1-25
Space42 launches first-of-kind HAPS manufacturing center in MENA
Prices of investment funds including certificates in EGP, USD – Updated