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17 July 11:25 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
4,120.74 0.27% 11.08
Volume 68,682,055 Turnover 48,350,602 No. of Trades: 1,690
11 Down 10 Flat 22 Up
No. of Traded Stocks : 43
Last Update: 11:10 AM
ADI
8,379.48 -0.18% -15.35
Volume 67,249,907 Turnover 231,493,509 No. of Trades: 3,251
24 Down 17 Flat 22 Up
No. of Traded Stocks : 63
Last Update: 11:10 AM
Latest News
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IMF downgrades 2024,2025 growth forecasts for Egypt, MENA Global Economy
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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 Companies Investments
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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 Financial Results
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Liquid C2's Cloudmania expands Middle East partner ecosystem with Egypt launch Companies Investments
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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 Event
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Masdar to expand green hydrogen projects in Egypt’s SCZONE, Mediterranean coast Companies Investments
Mostafa Abdelaziz, Managing Partner at Act Financial
Act Financial plans EGX listing in Q2-24 after decade of continuous work – Abdelaziz Companies Investments
Mohammed Al Ballaa, Chairman of Mubasher Financial Group
Highlights of Chairman Al Ballaa’s speech during AFCM 2024 Event
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Mubasher aims at broadening investors base in Arab exchanges – Chairman Al Ballaa Event
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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 Bonds
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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 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 Global Economy
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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 Companies Investments
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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 Mergers and Acquisitions
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International Markets
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