Lazard hires Citi Saudi CEO
Al-Khatib will support the firm’s operations in MENA.Salik ups number of IPO shares
The subscription period for the IPO remains unchanged.Response Plus enters Indian market
The company will establish its Indian headquarters in Kerala state.Agthia to pay $17m dividend
The dividend is in line with its bi-annual dividend policy.Rosneft H1 net profit up 13%
The energy giant's H1 net profit rose to $7.2 billion.Thai SC dismisses Toyota appeal
The court dismisses appeal over $270m import tax bill.Al-Ittefaq plans an IPO
The $2bn worth Saudi steel giant will list on Tadawul.Huge fine against Google upheld
The General Court, however, reduced the fine to $4.1bn.Lufthansa back in private hands
The German government sold its last shares in the company.AD Ports ups stake in Egypt firms
The majority stake in the two companies was valued at $140m.Wio launches in UAE
The digital bank is co-owned by ADQ, Etisalat, and others.PIF to buy stake in Seera
PIF will pick up $1bn stake in Seera Group's travel unit.Tabreed okays 100% foreign ownership
The previous cap on foreign ownership was 49 percent.Siemens bags Egypt project
The company will upgrade power distribution system in Alexandria.DEWA plans cash dividend for H1
Firm plans to give cash dividend of US$844m.Aramco sets new profit record.
The Saudi firm made $279.4bn in profit in 12 months.ADCB green bond raises $500m
The debut bond that will be issued on 14 Sept was oversubscribed 3.8 times.Riyad Bank to offer sukuk
The bank offering will be denominated in Saudi riyals.Investcorp leads Pre-IPO round in TruKKer
TruKKer is one of the region’s largest online trucking aggregator.Mubadala to buy Fortress
The Abu Dhabi fund will buy it from SoftBank for $2bn.BinDawood CEO resigns
Ahmad BinDawood stepped down due to personal reasons.Shapoorji bags Majid Al Futtaim deal
The US$217.4m contract covers construction of 808 villa sets.Mubadala Petroleum rebranded
The company achieved the 500,000-boed milestone this year.Tabby launches in Egypt
The shopping app looks to widen its market in MENA.FAB, Silver Birch announce partnership
They will offer inventory solutions to their local, international clients.Jahez posts profit of US$14.2m
The food delivery platform saw rise in orders on its app in H1.Gulf Navigation repays loan
The $2.7m loan was financed by "Rasmala" for a vessel.Pure Health to invest US$500m
It will buy stake in a US healthcare firm Ardent.ADX partners with FTSE Russell
The two have co-developed the FTSE ADX Growth Market Index.TAQA to buy AlMansoori
The Saudi firm will buy UAE company for an unknown sum.Aldar acquires Spark Security
Spark Security Services employs over 5,000 security professionals.Taiba gives hotel contract to ACC
ACC won the $115m contract to build a hotel in Madinah.Jafza records 19% trade growth
The company overcomes the global economic headwinds.Ashok Leyland bags 1,400-bus order
This is the company's biggest UAE order for school buses.Ajlan signs deals worth $7bn
Its collaboration with Malaysia will be in key sectors.Tibbiyah buys stake in rival firm
It bought 51% stake in Innovative Care for $57 million.SPIMACO secures $335m loan
The Saudi pharma firm intends to use the capital for growth.Uniper seeks state aid on prices
Massive hike in the gas prices hits firm's profitability.Honda, LG to invest $4.4 bn
Firms say construction of US plant to begin next year.Tibbiyah suffers H1 loss of $6m
The Saudi health provider's revenue slumped to $58.54m.NBK Bahrain H1 net profit $145m
The profit in the same period last year was $159mAlhokair trims H1 loss by 49%
It cut down the loss to $18m from $35.39m posted last year.SALIC to set up storage center
Its CEO said the center will store imported edible oil.Bahri, stc sign logistics deal
Customs clearance assistance is part of the agreement.Raydan posts loss of $6m in H1
The Saudi food company's revenue shot up to $21.33m.KHC’s profit vaults by 1,162%
Kingdom Holding Co. posted $1.7 billion profit in H1.Palms Sports wins its biggest contract
The 30-month UAE government contract is worth $83.31m.Majid Al Futtaim H1 EBIDTA $517m
The EBITDA rose 18 percent from $435 million a year ago.Seera sees 43% slide in loss
The Saudi travel group saw its loss fall to $35m in H1.BinDawood’s H1 profit tumbles
Largest Saudi retailer posts a 31% dip in H1 profit to $28.80m.



















































