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17 July 11:30 AM
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IMF downgrades 2024,2025 growth forecasts for Egypt, MENA

Cairo – Mubasher: The International Monetary Fund (IMF) has cut its expectations for Egypt’s real GDP growth for 2024 and 2025 by 0.3% for each year. The IMF reduced its expectations for the country’s growth in 2024 and 2025 to 2.70% and 4.10%, …
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CBRE names new Managing Director for MENA
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Mubadala, Qatar Investment Authority participate in $600m funding in North America’s TEN
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IHC’s Sirius International, Adani Group acquire Coredge.io
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JV of ADNOC Drilling, Alpha Dhabi Holding buys 51% stake in NTS AMEGA
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Batic Investments unveils SAR 40m contract with Majid Al Futtaim
UAE Arab Global Commodities
DFMGI ADI
DFMGI
4,121.64 0.29% 11.98
Volume 70,838,569 Turnover 50,959,760 No. of Trades: 1,809
10 Down 11 Flat 22 Up
No. of Traded Stocks : 43
Last Update: 11:15 AM
ADI
8,379.48 -0.18% -15.35
Volume 70,223,371 Turnover 244,636,304 No. of Trades: 3,527
24 Down 16 Flat 23 Up
No. of Traded Stocks : 63
Last Update: 11:15 AM
Latest News
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IMF downgrades 2024,2025 growth forecasts for Egypt, MENA Macroeconomics
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CBRE names new Managing Director for MENA Global Economy
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Mubadala, Qatar Investment Authority participate in $600m funding in North America’s TEN Companies Investments
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DFM closes Tuesday in red zone; ADX rises Trading Activities
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IHC’s Sirius International, Adani Group acquire Coredge.io Companies Investments
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JV of ADNOC Drilling, Alpha Dhabi Holding buys 51% stake in NTS AMEGA Mergers and Acquisitions
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Batic Investments unveils SAR 40m contract with Majid Al Futtaim Companies Investments
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NBQ’s consolidated profit rises to AED 285m in H1-24 Financial Results
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Shuaa Capital swings to consolidated loss in Q1-24 Banking and Finance
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Liquid C2's Cloudmania expands Middle East partner ecosystem with Egypt launch Global Economy
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Mubasher Exclusive
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Act Financial seeks stakes in real estate, logistics companies – Managing Partner Companies Investments
Assem El-Bassal, the CEO of Mubasher Media
Winning Arab Media Award crowns Mubasher.info’s years of hard work – El-Bassal Global Economy
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Riyadh Air’s Coste unveils plans until 2030, impact on Saudi employment ecosystem – Interview Companies Investments
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Masdar to expand green hydrogen projects in Egypt’s SCZONE, Mediterranean coast Global Economy
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Mubasher Global has the largest network, covers 3m investment tools – Chairman Al Ballaa Event
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Arab stock markets show varied performance in Ramadan 2024 Market News
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Islamic Finance
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UK’s fintech firm Offa launches Islamic BTL service for expats in region Companies Investments
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Islamic Development Bank finances solar, battery projects in Uzbekistan Banking and Finance
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Nasdaq Dubai unveils $2.3bn new Sukuk issuances by Indonesia Trading Activities
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2P Prefect Presentation pens SAR 121m facility agreement with Riyad Bank Banking and Finance
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ADIB provides AED 5.5bn sustainable finance in 2023 Sukuk and Islamic Finance
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Arada Developments lists $400m Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
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Saudi sukuk, debt market hits 18.3% of GDP in 2023 – Report Sector Reports
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Nasdaq Dubai lists 1st sustainability sukuk from Emirates Islamic Banking and Finance
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Saudi Arabia’s National Debt Management Center closes $5bn sukuk issuance Sukuk and Islamic Finance
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Emirates Islamic issues $750m sustainability sukuk Banking and Finance
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Arab Markets
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IMF downgrades 2024,2025 growth forecasts for Egypt, MENA Macroeconomics
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Aramco awards $500m offshore projects to Italy’s Saipem Companies Investments
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Aramco invests in Air Products Qudra’s subsidiary through 50% equity acquisition Mergers and Acquisitions
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Rawasi Albina announces over SAR 13.5m deal to develop project Companies Investments
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Egyptian Exchange’s indices see varied performance on Tuesday Trading Activities
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CBRE names new Managing Director for MENA Global Economy
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TASI rises 1.1% on Tuesday; NomuC gains over 69 pts Trading Activities
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Mubadala, Qatar Investment Authority participate in $600m funding in North America’s TEN Companies Investments
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DFM closes Tuesday in red zone; ADX rises Trading Activities
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IHC’s Sirius International, Adani Group acquire Coredge.io Companies Investments
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International Markets
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