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Sanmar, UAE’s TA’ZIZ cooperate to supply petrochemical materials

The Sanmar Group has signed two product sale agreement term sheets with the UAE’s TA’ZIZ for the supply of key petrochemical feedstocks

Updated 11/6/2025 3:59:00 PM
Arcius Energy expands investment in Egypt via Harmattan gas field

The Egyptian Natural Gas Holding Company (EGAS), Arcius Energy, Shell, and bp signed an agreement for the acquisition of the Harmattan field in the Mediterranean Sea

Updated 11/5/2025 11:07:00 AM
Orascom Construction transfers incorporation to Abu Dhabi Global Market

Orascom Construction PLC announced the completion of its transfer of incorporation from the Dubai International Financial Center (DIFC) to the Abu Dhabi Global Market (ADGM).

Updated 11/4/2025 9:45:00 AM
DFM Index loses 0.101%, ADX Index rises 0.337% on Tuesday

The Dubai Financial Market Index (DFMI) decreased by 0.101%, or 6.06 points, to close Tuesday’s trading session at 6,012.73 points.

Updated 11/4/2025 2:01:00 AM
DFM Index loses 0.671%, ADX Index sheds 0.754% on Monday

The Dubai Financial Market Index (DFMI) decreased by 1.525%, or 93.18 points, to close Monday’s trading session at 6,018.79 points.

Updated 11/3/2025 2:29:00 AM
UAE stock markets experience bearish trend on Monday

The Dubai Financial Market Index (DFMGI) lost 25.14 points, or 0.41%, finishing Monday’s session at 6,041.09.

Updated 10/27/2025 4:04:00 PM
Maridive plans to set up subsidiary in UAE

Maridive and Oil Services (MOIL) intends to establish a limited liability subsidiary in the UAE

Updated 10/22/2025 9:29:00 AM
Egypt, UAE’s K&K sign agreement for final studies on Egypt–Europe electricity interconnection

Prime Minister Mostafa Madbouly witnessed the signing of a cooperation agreement between the Egyptian Electricity Transmission Company (EETC) and UAE-based K&K Investment Company to conduct final studies for the planned electricity interconnection project between Egypt and Europe through Italy, as per a statement.

Updated 10/15/2025 1:48:00 AM
Egypt, UAE join forces to develop logistics zone in El Alamein

Egypt and the UAE signed a cooperation agreement to establish a joint-stock company to build a logistics zone for the storage and handling of crude oil and petroleum products in the El Alamein.

Updated 10/2/2025 12:42:00 PM
UAE’s Gulftainer mulls $1B investments in Egypt’s logistics sector

UAE-based Gulftainer aims to invest $1 billion in Egypt in container terminal management and port logistics services, the Egyptian Commercial Service (ECS) announced.

Updated 10/2/2025 9:32:00 AM
Egypt-UAE trade exchange climbs 71% YoY in 7 months: CAPMAS

Trade exchange between Egypt and the UAE was valued at $5.4 billion during the January-July 2025 period, significantly up by 71% from the same period of 2024, data by the Central Agency for Public Mobilization and Statistics (CAPMAS) showed.

Updated 10/2/2025 8:48:00 AM
UAE stock markets show mixed performance on Monday

The Dubai Financial Market Index (DFMGI) gained 13.33 points, or 0.228%, finishing Monday’s session at 5,868.64.

Updated 9/29/2025 2:31:00 AM
Egypt, UAE sign 5 MoUs to strengthen aviation ties

Egypt and the UAE signed five strategic memoranda of understanding (MoUs) to boost cooperation in the aviation sector.

Updated 9/21/2025 9:22:00 AM
DFM Index down 0.143%, ADX Index losess 0.252% on Wednesday

The Dubai Financial Market Index (DFMI) fell by 0.143%, or 8.57 points, to close Wednesday’s trading session at 5,991.11 points.

Updated 9/17/2025 2:31:00 AM
DFM Index rises 0.175%, ADX Index rises 0.222% on Monday

The Dubai Financial Market Index (DFMI) increased by 0.175% to close Monday’s trading session at 6,041.12 points.

Updated 9/15/2025 2:15:00 AM
Egypt’s Orascom Construction shares climb 45% on ADX debut

Orascom Construction shares jumped nearly 45% in their Abu Dhabi Securities Exchange (ADX) debut on Wednesday, September 11th, driven by strong investor demand.

Updated 9/11/2025 11:45:00 AM
DFM Index drops 0.593%, ADX Index loses 0.419% on Wednesday

The Dubai Financial Market Index (DFMI) fell by 0.593%, or 35.34 points, to close Wednesday’s trading session at 5,922.57 points.

Updated 9/10/2025 9:42:00 AM
DFM Index rises 0.379%, ADX Index sheds 0.067% on Tuesday

The Dubai Financial Market Index (DFMI) increased by 0.379%, or 22.48 points, to close Tuesday’s trading session at 5,957.91 points.

Updated 9/9/2025 2:22:00 AM
UAE stock markets close Monday in red zone

The Dubai Financial Market Index (DFMGI) closed Monday’s session lower by 53.78 points, or 0.898% at 5,935.43.

Updated 9/8/2025 2:45:00 AM
Egypt signs 2 MoUs with UAE's IRH Global Trading to strengthen mining sector

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of two memoranda of understanding (MoUs) in the fields of mining and financing between the Egyptian petroleum and mineral resources sector and the Emirati company International Resources Holding (IRH).

Updated 9/2/2025 7:47:00 AM