Latest news

Date Title
SISCO's net profits fall 58.5% in 2021; dividends proposed
GFM launches Mubasher OTC platform
EGA's net profits hike to AED 5.5bn in 2021
Misr Cement records EGP 174m consolidated net profits in 2021
Emaar The Economic City signs SAR 113m contract for land in KAEC Industrial Valley
Saudi Parts Center buys SAR 6m asset to build spare parts facilities
EGX’s indexes fall on Wednesday
Saudi stock market plunges on Wednesday
DIB’s shareholders approve AED 1.8bn dividends for 2021
UAE stock markets close Wednesday higher
TAQA could pay AED 5.3bn dividends for 2021
Prime Holding’s consolidated losses deepen 132% in 2021
Shams inks non-binding MoU with Saudi Shuaa Capital to acquire hotels
Alexandria Container's net profits grow 15% in 7M-FY20/21
SASCO liquidates majority of investment portfolio
HD Bank exceeds EGP 2bn in 2021 consolidated net profits; dividends approved
Tadawul announces listing of Tibbiyah on Nomu
AD Ports acquires Divetech Marine; unit inks trade deal with Saif Powertec
Egypt’s stock market closes Tuesday on positive note
Hail Cement's profits down 60% in 2021
MNHD's profits decline 72% in 2021
TASI rises on Tuesday; NomuC falls
Talaat Moustafa Group's real estate sales hit EGP 32.4bn in 2021
Pfizer expected to produce 120m Paxlovid treatment courses in 2022
EFIC records EGP 304m consolidated net profits in 2021
DFM, ADX close Tuesday’s session in green zone
Yahsat records higher profits in 2021; dividends proposed
Bawan generates SAR 170m net profits in 2021
Arabian Cement’s 2021 profits down 13%; dividends proposed for H2-21
Amiantit’s EGM approves capital reduction to SAR 99m; trading on stock halted
Najran Cement logs SAR 165.5m net profits in 2021
EGX falls on Monday
TASI, NomuC close Monday higher
Amiantit’s Kordi submits resignation; new CEO appointed
UAE stock markets close Monday higher
Hilwa to start trading on Tadawul this week
Tabreed’s EBITDA rises 7%, profits up 6% in 2021 – Integrated report
Egypt auctions EGP 2.75bn T-bonds on Monday
Bupa Arabia's net profits down 11% in 2021
Petro Rabigh's board amends capital cut value
Saudi Azm to start trading on Nomu this week
Al Arabia sets up e-commerce subsidiary
GB Auto's consolidated profits up 66% in 2021
EGX’s indexes close Sunday higher
Tadawul closes Sunday in green zone
SMEH to start listing, trading on Tadawul on Monday
Kingdom Holding turns to profits exceeding SAR 1bn in 2021; dividends approved
Ma’aden turns profitable in 2021; board proposes dividend halt, capital hike
CBE offers EGP 11bn T-bills on Sunday
Dice requests regulatory approval for capital hike
Alkhorayef Water secures SAR 295m loan from Riyad Bank
Al Rajhi Capital announces AMAK’s IPO price range at SAR 58-63 /shr
Final IPO price for Al Dawaa Medical Services set at SAR 73/shr – GIB Capital
M&A Brief of the Week
EgyptAir discloses notice for travellers to, from New York
Aramco closes $15.5bn deal to sell stake in gas pipelines unit
Nama Chemicals names new Chairman, Vice Chairman
EGX closes Thursday on collective decline
TASI closes Thursday in red zone
Al Morshedy Mall inks EGP 700m financing deal with Al Baraka Bank-Egypt
UAE stock markets close Thursday in red zone
Saudi Arabia's merchandise exports hit SAR 320.5bn in Q4-21
CBE auctions EGP 19bn T-bills on Thursday
Etihad Rail inks AED 1.99bn financing with FAB for passenger transport services
ANB posts 5% rise in 2021 net profits
Borouge launches operations of 5th polypropylene unit in Ruwais
IHC completes acquisition of 70% stake in Arena Events Group
Response Plus Holding included in FTSE Global Micro Cap Index
Etisalat announces e& as new brand identity
Arab Moltaqa records EGP 145m net profits in 2021
Zahraa Maadi's profits up 29% in 2021 unaudited results; dividends proposed
ENOC’s collaboration with SAP results in 1k automated processes
Saudi NWC pens SAR 399m contract for water services in Southern cluster
Emirates NBD's OGM nods to 50% dividend distribution
Takween turns to profitability in 2021
EGX closes Wednesday's session on varied note
TASI closes Wednesday's session in red zone
Egypt’s OneOrder secures $1m funding
CBE grants EGP 253bn facilities to private sector in 2021
DFM closes Wednesday's session up; ADX down
ADNOC L&S inks carrier lease agreement with Singapore's AG&P
EIPICO sees 7% higher profits in 2021
Oriental Weavers Carpet's profit jumps 9% in 2021; dividends proposed
FAB expected to issue $500m Sukuk
Israel Diamond Exchange opens representative office in Dubai
stc's OGM approves SAR19m supplementary contract with Walaa
Apollo, Mubadala expand partnership to explore global opportunities
FedEx Express introduces direct services in Egypt
Porto Group changes company name, launches new brands
EGX ends Tuesday's session on collective decline
DEWA expected to launch IPO in March
Jarir launches new branch in Jeddah
DFM ends Tuesday's session down; ADX up
Schneider Electric inks agreement to develop 1st smart hospitals in Egypt
DXB registers 29m passengers in 2021
SAIB's profits down 2% in 2021
VPS Healthcare considers IPO on ADX
CIB records 30% higher profits in 2021; dividends proposed
Abu Dhabi's non-oil foreign trade hits AED 211.32bn in 2021
Mubadala leads $500m equity investment in Singapore's data centre company