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14 May 05:40 PM
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GCC companies raise $931m from IPOs in Q1-24 – Report

Mubasher: Initial public offering (IPO) in the GCC has raised $931 million in the first quarter (Q1) of 2024, a 73% year-on-year (YoY) plunge from $3.50 billion in the comparative period of 2023, according to a report by Kuwait Financial Centre …
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Al Firdous Holding suffers lower losses in FY23/24
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Phoenix Group’s profits surpass $66m in Q1-24
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Mubadala Energy unveils gas discovery in Indonesia
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Dubai Investments logs AED 120m profits to owners in Q1-24
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AD Ports’ revenues more than double in Q1-24; profits near AED 314m
UAE Arab Global Commodities
DFMGI ADI
DFMGI
4,132.86 -0.97% -40.42
Volume 259,657,265 Turnover 694,285,929 No. of Trades: 10,362
26 Down 4 Flat 12 Up
No. of Traded Stocks : 42
Last Update: 02:00 PM
ADI
8,379.48 -0.18% -15.35
Volume 231,707,811 Turnover 941,564,921 No. of Trades: 17,142
40 Down 9 Flat 17 Up
No. of Traded Stocks : 66
Last Update: 02:00 PM
Latest News
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Al Firdous Holding suffers lower losses in FY23/24 Financial Results
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Al Ramz records plunge in Q1-24 net profits Financial Results
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Phoenix Group’s profits surpass $66m in Q1-24 Financial Results
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UAE stock markets close lower on Tuesday Trading Activities
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Mubadala Energy unveils gas discovery in Indonesia Companies Investments
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Dubai Investments logs AED 120m profits to owners in Q1-24 Financial Results
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AD Ports’ revenues more than double in Q1-24; profits near AED 314m Financial Results
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ADIB launches expansion plan to improve business banking for SMEs Banking and Finance
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Fertiglobe’s net profits cross $154m in Q1-24 interim results Financial Results
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GCC companies raise $931m from IPOs in Q1-24 – Report Global Economy
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Masdar to expand green hydrogen projects in Egypt’s SCZONE, Mediterranean coast Companies Investments
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Arab stock markets show varied performance in Ramadan 2024 Trading Activities
GTN expands commodities offering for digital investing in physical gold and silver
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Top quotes by Saudi ministers, officials from energy giants at FII7; regional leaders give remarks Global Economy
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Get to know world leaders' quotes on FII7 Day 1; Saudi Arabia's role praised Event
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Islamic Finance
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Al Rajhi Bank concludes $1bn USD-denominated sukuk Sukuk and Islamic Finance
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Aldar Properties’ investment arm issues $500m green sukuk Companies Investments
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Al Rajhi Bank to issue USD sukuk to Saudi, int’l investors Sukuk and Islamic Finance
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Moody’s upgrades ADIB’s BCA to 'baa3'; affirms long-term issuer ratings Ratings
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DSI’s shareholders pass restructuring plan Sukuk and Islamic Finance
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Cenomi Centers concludes $100m sukuk private placement Sukuk and Islamic Finance
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Al Rajhi Bank issues $1bn sustainable sukuk Sukuk and Islamic Finance
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Al Rajhi Bank to issue USD-denominated sukuk Sukuk and Islamic Finance
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Cenomi Centers completes $500m sukuk issuance Sukuk and Islamic Finance
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Cenomi Centers to offer USD-denominated Sukuk Sukuk and Islamic Finance
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Arab Markets
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Saudi stock market closes Tuesday in red Trading Activities
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Al Firdous Holding suffers lower losses in FY23/24 Financial Results
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Al Baraka Group launches portal to boost Egyptian, Pakistani cooperation Banking and Finance
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CMA greenlights capital hike of Budget Saudi, Bena Steel Industries Corporate Actions
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Al Ramz records plunge in Q1-24 net profits Financial Results
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Emaar Misr’s consolidated profit leaps to EGP 5.7bn in Q1-24 Real estate
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Phoenix Group’s profits surpass $66m in Q1-24 Financial Results
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UAE stock markets close lower on Tuesday Trading Activities
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Al Baraka Bank-Egypt’s profits jump to EGP 553m in Q1-24 Financial Results
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Mouwasat generates SAR 171.5m net profits in Q1-24 Financial Results
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International Markets
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