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17 July 11:35 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
4,121.21 0.28% 11.55
Volume 82,978,994 Turnover 55,518,097 No. of Trades: 1,973
10 Down 12 Flat 21 Up
No. of Traded Stocks : 43
Last Update: 11:20 AM
ADI
8,379.48 -0.18% -15.35
Volume 73,543,909 Turnover 251,151,265 No. of Trades: 3,724
23 Down 17 Flat 24 Up
No. of Traded Stocks : 64
Last Update: 11:20 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 Mergers and Acquisitions
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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 Banking and Finance
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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
Ahmed El-Shamsy, the Editor-in-Chief of Mubasher Media
El-Shamsy highlights efforts behind choosing Mubasher.info as Best Economic Platform Global Economy
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Riyadh Air’s Coste unveils plans until 2030, impact on Saudi employment ecosystem – Interview Global Economy
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Masdar to expand green hydrogen projects in Egypt’s SCZONE, Mediterranean coast Global Economy
Mostafa Abdelaziz, Managing Partner at Act Financial
Act Financial plans EGX listing in Q2-24 after decade of continuous work – Abdelaziz Global Economy
Mohammed Al Ballaa, Chairman of Mubasher Financial Group
Highlights of Chairman Al Ballaa’s speech during AFCM 2024 Event
Mohammed Rashid Al Ballaa, Chairman of MubasherTrade Global
Mubasher aims at broadening investors base in Arab exchanges – Chairman Al Ballaa Companies Investments
Mohammed Rashid Al Ballaa, Chairman of MubasherTrade Global
Mubasher Global has the largest network, covers 3m investment tools – Chairman Al Ballaa Companies Investments
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Arab stock markets show varied performance in Ramadan 2024 Trading Activities
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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 Sukuk and Islamic 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 Companies Investments
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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 Trading Activities
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Saudi sukuk, debt market hits 18.3% of GDP in 2023 – Report Sukuk and Islamic Finance
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Nasdaq Dubai lists 1st sustainability sukuk from Emirates Islamic Sukuk and Islamic Finance
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Saudi Arabia’s National Debt Management Center closes $5bn sukuk issuance Banking and 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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