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Financial

Egyptian real estate company SODIC reports an 84% increase in yearly net profit, reaching $50.3 million after tax
Egyptian real estate company SODIC reports an 84% increase in yearly net profit, reaching $50.3 million after tax

Feb 10, 2025

Dana Gas reports a 5.6% drop in net profit to $151 million for 2024 due to a one-time impairment charge
Dana Gas reports a 5.6% drop in net profit to $151 million for 2024 due to a one-time impairment charge

Feb 10, 2025

Oman has released treasury bills worth $72.2 million, offering returns of up to 4.3%
Oman has released treasury bills worth $72.2 million, offering returns of up to 4.3%

Jan 27, 2025

Saudi Arabia borrows $12 billion by selling bonds in three parts
Saudi Arabia borrows $12 billion by selling bonds in three parts

Jan 08, 2025

Hassan Heikal: Local Public Debt Poses the Greatest Risk to Egypt’s Economy
Hassan Heikal: Local Public Debt Poses the Greatest Risk to Egypt’s Economy

Dec 27, 2024

The Board of Egypt’s Beltone Holding has approved an extra $212 million in funding to help with growth and expansion
The Board of Egypt’s Beltone Holding has approved an extra $212 million in funding to help with growth and expansion

Dec 26, 2024

The UAE’s Central Bank and Hong Kong’s Monetary Authority have signed an agreement to improve financial cooperation
The UAE’s Central Bank and Hong Kong’s Monetary Authority have signed an agreement to improve financial cooperation

Dec 23, 2024

Abu Dhabi’s Mubadala Partners with Carlyle’s AlpInvest to Offer Loans to Private Equity Firms
Abu Dhabi’s Mubadala Partners with Carlyle’s AlpInvest to Offer Loans to Private Equity Firms

Dec 12, 2024

Iliad Partners Launches $50M Fund to Support Startups in MENA
Iliad Partners Launches $50M Fund to Support Startups in MENA

Dec 11, 2024

Solutions by STC, a subsidiary company, gets $133 million in Islamic-compliant funding from Riyad Bank
Solutions by STC, a subsidiary company, gets $133 million in Islamic-compliant funding from Riyad Bank

Nov 26, 2024

Saudi Awwal Bank plans to issue Islamic bonds (Sukuk) through a private offering as part of its $5.3 billion program to strengthen its financial base
Saudi Awwal Bank plans to issue Islamic bonds (Sukuk) through a private offering as part of its $5.3 billion program to strengthen its financial base

Nov 21, 2024

Egypt’s Contact Financial Holding reports a 71% increase in net income for the third quarter, reaching $4.5 million
Egypt’s Contact Financial Holding reports a 71% increase in net income for the third quarter, reaching $4.5 million

Nov 20, 2024

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