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Category: MENA

Corporate news and announcements from the stock markets of Middle East and North Africa.

PayTabs launches social commerce platform Paymes

May 12, 2022

CAIRO, EGYPT: PayTabs, MENA’s award-winning payments powerhouse, announced today the launch of Paymes -the leading social commerce platform in Eurasia. Paymes will serve as…

GFH Financial to acquire majority stakes in US-based SQ Asset Management

May 9, 2022

MANAMA, BAHRAIN:GFH Financial Group (GFH) has signed an agreement to acquire a majority stake in SQ Asset Management (SQ), a US-based living sector asset…

AD Ports Group signs agreements for port projects in Egypt

May 5, 2022

ABU DHABI, UAE: AD Ports Group and the Red Sea Ports Authority have signed a Term Sheet and a Head of Terms agreement for…

Aldar Investment acquires 70% interest in Abu Dhabi Business Hub

April 26, 2022

ABU DHABI, UAE: Aldar Investment has completed the acquisition of a 70% equity interest in Abu Dhabi Business Hub, valuing the company at more…

GFH Financial Group to list its shares on Abu Dhabi Securities Exchange in May

April 24, 2022

MANAMA, BAHRAIN: GFH Financial Group announced that the targeted cross listing of its shares on the Abu Dhabi Securities Exchange (ADX) is expected to…

DEWA implements Smart Grid Strategy 2021-2035

April 19, 2022

DUBAI, UAE: Dubai Electricity and Water Authority (DEWA) is implementing its updated Smart Grid Strategy 2021-2035. Building on the success of completing 100% of…

Crypto platform Bybit launches leveraged token products

April 19, 2022

DUBAI, UAE: Bybit, one of the world’s fastest growing cryptocurrency exchanges, announced the launch of leveraged token products on its spot exchange starting with…

Roebuck Asset Management sells Tesco Distribution Centre for over $135mn

April 13, 2022

MANAMA, BAHRAIN: GFH’s UK subsidiary, Roebuck Asset Management has concluded an off-market sale of a Tesco Distribution Centre in excess of $135 million. The…

Dubai Investments divests 50% stake in EMICOOL to Actis for $1.0bn

April 12, 2022

DUBAI, UAE: Dubai Investments has entered a deal to divest a 50% stake in Emirates District Cooling Company (EMICOOL) to Actis – a leading…

QInvest and QIC partner to venture in Islamic asset management space

April 10, 2022

DOHA, QATAR: Qatar Insurance Company (QIC) and QInvest LLC, Qatar’s leading investment bank, are joining forces to create a Qatar-based national champion in the…

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All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

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