Mubasher: Primary debt issuances of bonds and sukuk in the Gulf Cooperation Council (GCC) countries surged to $75.50 billion in the first half (H1) of 2024, marking a 38% year-on-year (YoY) increase from $54.80 billion. Saudi Arabia led the GCC …
UAE – Mubasher: The benchmark index DFMGI of Dubai Financial Market (DFM) added 37.21 points (0.90%) at the end of Thursday’s session to close at 4,169.17 points. A total of 313.32 million shares were exchanged at a trading value of AED 508.81 …
UAE – Mubasher: The main index DFMGI of Dubai Financial Market (DFM) rose by 22.30 points (0.54%) on Wednesday, closing the session at 4,131.96 points. A total of 234.08 million shares were exchanged at a trading value of AED 350.90 million. Shuaa …
Abu Dhabi – Mubasher: ADNOC Drilling Company has appointed Al Ramz Capital, a subsidiary of Al Ramz Corporation Investment and Development, as a liquidity provider for the company’s shares listed on the Abu Dhabi Securities Exchange (ADX). Under …
UAE – Mubasher: The main index DFMGI of Dubai Financial Market (DFM) dropped 4.89 points (0.11%) to close Tuesday’s session at 4,109.66 points. A total of 171.21 million shares were exchanged, generating a turnover of AED 369.68 million. Shuaa …
UAE – Mubasher: The benchmark index DFMGI of Dubai Financial Market (DFM) rose by 10.62 points (0.25%) on Monday, closing the session at 4,114.55 points. A total of 185.20 million shares were exchanged at a turnover of AED 272.11 million. GFH …
Mubasher: The GCC raised $3.60 billion through 23 initial public offerings (IPOs) in the first half (H1) of 2024, a 32% year-on-year (YoY) drop from $5.30 billion raised through 21 offerings in the comparative period of 2023, according to a report …
UAE – Mubasher: The main index of Dubai Financial Market (DFM) ended Thursday’s trading session higher by 10.76 points (0.26%) at 4,090.98 points. A total of 112.57 million shares were exchanged during the session at a value of AED 227.02 million. …
UAE – Mubasher: Nasdaq Dubai welcomed three Sukuk issued by Indonesia at a combined value of $2.35 billion, under its $35 billion Trust Certificate Issuance Programme. The new listings reinforce Dubai's position as the world's leading centre for …
UAE – Mubasher: The benchmark index DFMGI of Dubai Financial Market (DFM) rose by 1.93 points (0.04%) on Wednesday, closing the session at 4,080.22 points. A total of 106.87 million shares were exchanged at a turnover of AED 260.71 million. Dubai …
Mubasher: The GCC saw a notable decline in project awards during the second quarter (Q2) of 2024, with total awards dropping by 19.70% year-on-year (YoY) to $51.70 billion from $64.30 billion in the same period last year. This downturn was …
UAE – Mubasher: The main index of Dubai Financial Market (DFM) lost 3.67 points (0.09%) and ended Tuesday's trading session lower at 4,078.29 points. A total of 115.65 million shares were exchanged during the session at a value of AED 274.95 …
UAE – Mubasher: The main index of Dubai Financial Market (DFM) closed Monday’s trading session higher by 11.72 points (0.28%) at 4,081.96 points. A total of 178.01 million shares were exchanged during the session at a value of AED 251.99 million. …
Riyadh – Mubasher: Saudi Arabia held the third position in 5G Download Speed among key markets in the EMEA region, according to a report released by Opensignal. The report highlighted that the Kingdom witnessed a significant improvement in 5G …
UAE – Mubasher: The Abu Dhabi Department of Economic Development (ADDED) partnered with the Abu Dhabi Investment Office (ADIO) to organise the third edition of Al Multaqa quarterly meetings. The gathering provided the business community with …
UAE - Mubasher: Abu Dhabi Securities Exchange (ADX) welcomed the secondary listing of Abu Dhabi-based investment and holding firm ADQ’s $2.50 billion bond, according to a press release. The dual-tranche bond, which includes a five-year $1.25 …
Cairo – Mubasher: Egypt's construction industry, the largest in Africa and third largest in the MENA region, is projected to grow at a compound annual growth rate (CAGR) of more than 8% until 2029, according to JLL’s construction market …
UAE – Mubasher: The main index of Dubai Financial Market (DFM) ended Thursday’s trading session lower by 13.39 points (0.32%) at 4,065.82 points. A total of 145.18 million shares were exchanged during the session at a value of AED 327.17 million. …
UAE - Mubasher: The UAE’s seasonally adjusted Purchasing Managers' Index (PMI) declined to 54.6 in June 2024 from 55.3 registered during May, according to the latest S&P Global PMI data. Non-oil private sector continued to retreat at the mid-point …
UAE – Mubasher: The main index of Dubai Financial Market (DFM) gained 15.96 points (0.39%) on Wednesday and ended the trading session at 4,079.21 points. A total of 215.49 million shares were exchanged during the session at a value of AED 426.71 …
UAE – Mubasher: The UAE is set to become a global business hub after recording the second-highest number of new foreign investments globally in 2023, according to Fuse Financial Technologies, a cross-border payments business in the Middle East for …
UAE – Mubasher: The main index of Dubai Financial Market (DFM) ended Tuesday’s trading session higher by 6.21 points (0.15%) at 4,063.25 points. A total of 188.39 million shares were exchanged during the session at a value of AED 418.90 million. …
UAE – Mubasher: Nasdaq Dubai has announced the listing of a $400 million Sukuk by Arada Developments, a UAE-based master developer. This is Arada's second listing on Nasdaq Dubai and the first under their new $1 billion Sukuk programme, according …
UAE – Mubasher: The main index of Dubai Financial Market (DFM) ended Monday’s session higher by 21.52 points (0.53%) at 4,051.52 points. A total of 139.89 million shares were exchanged during the session at a value of AED 286.67 million. Drake and …
UAE – Mubasher: The main index of Dubai Financial Market (DFM) closed Thursday higher by 2.89 points (0.07%) at 4,008.96 points. A total of 201.78 million shares were exchanged during the session at a value of AED 360.69 million. Drake and Scull …