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03 February 10:48 AM
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GFH acquires majority stake in GCC-focused Byrne Equipment Rental

Mubasher: GFH Financial Group has purchased a 60% stake in Byrne Equipment Rental LLC, a leading GCC industrial services and equipment rental provider, with an investment and capital expenditure program valued at around $400 million. This …
Mashreq Bank
Mashreq Bank’s profits fall 23% in 2025;operating income hits AED 12.5bn
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Aldar expands development projects in Abu Dhabi with AED 23bn
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Prices of investment funds including certificates in EGP, USD
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Sharjah Islamic Bank generates 26% higher net profits in 2025
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Yozo.ai closes $1.7m funding round to expand e-commerce globally
UAE Arab Global Commodities
DFMGI ADI
DFMGI
6,634.15 0.92% 60.79
Volume 78,152,264 Turnover 192,476,521 No. of Trades: 2,764
5 Down 8 Flat 33 Up
No. of Traded Stocks : 46
Last Update: 10:33 AM
ADI
8,379.48 -0.18% -15.35
Volume 68,970,232 Turnover 300,785,361 No. of Trades: 4,077
14 Down 14 Flat 45 Up
No. of Traded Stocks : 73
Last Update: 10:33 AM
Latest News
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GFH acquires majority stake in GCC-focused Byrne Equipment Rental Global Economy
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Mashreq Bank
Mashreq Bank’s profits fall 23% in 2025;operating income hits AED 12.5bn Banking and Finance
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Photo Archive
Aldar expands development projects in Abu Dhabi with AED 23bn Companies Investments
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Photo Archive
Prices of investment funds including certificates in EGP, USD Trading Activities
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Photo Archive
Sharjah Islamic Bank generates 26% higher net profits in 2025 Banking and Finance
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Photo Gallery
Yozo.ai closes $1.7m funding round to expand e-commerce globally Companies Investments
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Al Seer Marine
Al Seer Marine ends 2025 with resilient performance; operational profits leap 110% Financial Results
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EvolutionX enters Gulf region via Dubai-based Kitopi Companies Investments
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ADCB unveils 22% higher profits in 2025, cash dividends Financial Results
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Lulu expands UAE presence with new express store in Al Ain Companies Investments
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Mubasher Exclusive
What could be next target for Gold after hitting new historical peak?
What could be next target for Gold after hitting new historical peak? Global Economy
Platinum is experiencing correction after hitting new historic peak – Analysis
Platinum is experiencing correction after hitting new historic peak – Analysis Global Economy
Cross-listed Orascom Construction is testing significant support level – Analysis
Cross-listed Orascom Construction is testing significant support level – Analysis Trading Activities
Fahad Alnaeem, the CEO of the Saudi Industrial Development Fund (SIDF) Investment Company
SIDF plans to increase number of factories in Saudi Arabia – CEO Alnaeem at Biban Companies Investments
Yousif Al Nefaiei, Deputy Chief Executive at Benefit
BenefitPay’s transactions to exceed BHD 30bn by 2025-end – Al Nefaiei at FF25 Event
Khalid Al Bayat‏, ‏Chief Growth Officer at Tamkeen
Tamkeen supports Bahrain’s digital transformation via 45 apps – Al Bayat at FinTech Forward Global Economy
Bader Sater, CEO at Bahrain FinTech Bay
Stablecoin marks new era in Bahrain’s financial sector – FinTech Bay’s CEO Global Economy
Metin Zavrak, CEO of STC Pay Bahrain,
STC Pay intends to expand regionally, double growth – CEO at FinTech Forward Banking and Finance
Saud Altassan, CEO at EFG Hermes KSA
EFG Hermes KSA to lead major IPOs, deals in 2025 – Interview at CMF2025 Event
Wang Hu, the President and Co-Founder of PayerMax
Saudi Arabia stood out as ideal choice for PayerMax’s regional HQ – Interview with Wang Hu Companies Investments
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Islamic Finance
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stc concludes $2bn Sukuk offering Bonds
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Riyad Bank, Al Rajhi Bank, stc intend to offer dollar-denominated issuance Board of Directors
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MESC obtains SAR 150m facility from Alinma Bank Companies Investments
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Mayar Holding’s units pen SAR 88m financing with SAB Banking and Finance
Boursa Kuwait
Boursa Kuwait boosts capital market position for regional financial activity via MoU with TISE group Sukuk and Islamic Finance
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SMC Healthcare inks agreement with BLME Capital for SAR 413m real estate fund Sukuk and Islamic Finance
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Qassim Cement secures SAR 1.5bn credit facility from SNB Banking and Finance
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Fitch assigns ‘B+’ rating to Gulf Navigation’s AED 612m Sukuk issuance Companies Investments
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Tamweel issues Middle East’s 1st Mudaraba Sukuk to finance EGP 5.5bn acquisition deal Sukuk and Islamic Finance
Sharjah Islamic Bank lists $500m Sukuk on Nasdaq Dubai
Sharjah Islamic Bank lists $500m Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
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Arab Markets
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GFH acquires majority stake in GCC-focused Byrne Equipment Rental Companies Investments
Photo Archive
Tadweer inks SAR 64m raw materials supply deal with Topal Advanced Companies Investments
Mashreq Bank
Mashreq Bank’s profits fall 23% in 2025;operating income hits AED 12.5bn Financial Results
Photo Archive
Balsm Alofoq Medical roll out SAR 72m healthcare deal in Jubail Companies Investments
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SAR begins institutional book building for Tadawul IPO Initial Public Offerings
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SACO obtains SAR 150m loan from SNB Companies Investments
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Al Qahtani to lead Tabuk Cement’s business as new CEO Board of Directors
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Gourmet Egypt unveils IPO price for EGX listing Trading Activities
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Aman Holding wins SAMA nod for JV with Jarir Central Banks
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Aldar expands development projects in Abu Dhabi with AED 23bn Companies Investments
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International Markets
Tesla jumps, Wall St would rise after Trump statement
S&P 500, Nasdaq rises; Dow falls before Good Friday holiday
Wall St falls on Wednesday with chipmakers leading declines
Tech stocks boost Wall St after certain tariff relief
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