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Rove Hotels enters Egypt in partnership with El Sayyad Group

El Sayyad Group has formed a strategic partnership with Rove Hotels to introduce the UAE-born hospitality brand to Egypt, marking Rove’s first entry into the local market.

Updated 2/16/2026 11:15:00 AM
UAE stock markets wrap up Thursday's trading session in green

The Dubai Financial Market Index (DFMGI) gained 28.33 points, or 0.424%, finishing Thursday’s session at 6,714.6 points.

Updated 2/12/2026 2:53:00 PM
DFM wraps up Wednesday's trading session in red; ADX sees uptrend

The Dubai Financial Market Index (DFMGI) fell 85.33 points, or 1.26%, finishing Wednesday’s session at 6,686.27.

Updated 2/11/2026 2:53:00 PM
UAE’s MBRGI, Sawiris Foundation partner on Egypt skills-to-jobs program

Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) and the Sawiris Foundation for Social Development have launched “Bridges of Opportunity,” a new initiative to train youth and link them directly to the labor market.

Updated 2/9/2026 2:11:00 PM
DFM, ADX edge higher on Wednesday

UAE stock markets saw an upward trend at the close of Wednesday’s trading session, with Dubai Financial Market General (DFM) Index rising by 643.33 points, or 10.689%, to close at 6,662.12 points.

Updated 2/4/2026 3:10:00 PM
DFM, ADX close Wednesday higher

UAE stock markets ended Wednesday’s trading session on a positive note, with gains recorded across the main indices in Dubai and Abu Dhabi.

Updated 1/28/2026 3:25:00 PM
DFM, ADX edge lower on Monday

UAE stock markets showed mixed performance at the close of Tuesday’s trading session, with Dubai Financial Market General (DFM) Index rising by 379.92 points, or 6.263%, to close at 6,446.15 points.

Updated 1/26/2026 2:34:00 PM
Orascom Construction shareholders approve OCI acquisition, capital increase

Orascom Construction said its shareholders have approved a series of special resolutions related to the acquisition of the entire share capital of its wholly owned subsidiary OCI N.V. (OCI), as part of a transaction that will result in OCI being merged into the company.

Updated 1/25/2026 8:37:00 AM
UAE stock markets wrap up Wednesday's trading session in green

The Dubai Financial Market Index (DFMGI) added 22.06 points, or 0.346%, finishing Wednesday’s session at 6,397.34.

Updated 1/21/2026 2:06:00 PM
UAE stock markets conclude Tuesday's trading session in green

The Dubai Financial Market Index (DFMGI) gained 31.75 points, or 0.501%, finishing Tuesday’s session at 6,375.28.

Updated 1/20/2026 2:41:00 PM
UAE stock markets wrap up Tuesday's trading session in green

The Dubai Financial Market Index (DFMGI) gained 50.99 points, or 0.813%, finishing Tuesday’s session at 6.319.

Updated 1/13/2026 2:31:00 PM
EFG Hermes advises Depa on AED 658.4M rights issue

EFG Hermes has acted as the financial advisor and bookrunner on Depa PLC's pro rata renounceable rights issue, a capital-raising transaction supporting the company’s growth plans.

Updated 1/8/2026 9:16:00 AM
UAE stock market wrap up Mondy's trading session mixed

The Dubai Financial Market Index (DFMGI) gained 212.8 points, or 3.596%, finishing Monday’s session at 6,130.4.

Updated 1/5/2026 2:29:00 PM
Beltone plans to acquire UAE-headquartered Lumen Aegis

Beltone Financial Holding rolled out an agreement with E Point Zero Limited to fully acquire UAE-based Lumen Aegis Enterprises SPV RSC LTD in exchange for $1 per share,

Updated 12/30/2025 9:49:00 AM
Egypt, UAE step up talks on trade, investment, and comprehensive partnership agreement

Egyptian Minister of Investment and Foreign Trade Hassan El-Khatib and the UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi held high-level talks aimed at boosting trade and investment ties and advancing cooperation across priority sectors.

Updated 12/30/2025 7:46:00 AM
UAE stock markets wrap up Mondy's trading session in green

The Dubai Financial Market Index (DFMGI) gained 282.02 points, or 4.816%, finishing Monday’s session at 6,137.33.

Updated 12/29/2025 2:34:00 PM
UAE stock markets fall on Thursday

The Dubai Financial Market Index (DFMGI) lost 22.43 points on Thursday, or 0.364%, ending the trading session at 6,141.6.

Updated 12/25/2025 2:06:00 PM
UAE stock markets wrap up Mondy's trading session in green

The Dubai Financial Market Index (DFMGI) gained 43.58 points, or 0.713%, finishing Wednesday’s session at 6,157.9.

Updated 12/22/2025 2:23:00 PM
UAE stock markets wrap up Wednesday's trading session in red

The Dubai Financial Market Index (DFMGI) lost 0.62 points, or 0.01%, finishing Wednesday’s session at 6,109.45.

Updated 12/17/2025 2:27:00 PM
UAE’s Black Caspian Logistics eyes 90% stake in Alexandria Container

Abu Dhabi-based Black Caspian Logistics Holding LTD presented a non-binding mandatory tender offer to acquire 90% of Alexandria Container and Cargo Handling Company’s share capital

Updated 12/14/2025 1:54:00 PM