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15 May 10:48 AM
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GCC companies raise $931m from IPOs in Q1-24 – Report

Mubasher: Initial public offering (IPO) in the GCC has raised $931 million in the first quarter (Q1) of 2024, a 73% year-on-year (YoY) plunge from $3.50 billion in the comparative period of 2023, according to a report by Kuwait Financial Centre …
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Al Firdous Holding suffers lower losses in FY23/24
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Phoenix Group’s profits surpass $66m in Q1-24
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Mubadala Energy unveils gas discovery in Indonesia
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Dubai Investments logs AED 120m profits to owners in Q1-24
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AD Ports’ revenues more than double in Q1-24; profits near AED 314m
UAE Arab Global Commodities
DFMGI ADI
DFMGI
4,131.68 -0.03% -1.18
Volume 24,569,777 Turnover 42,892,292 No. of Trades: 1,040
23 Down 6 Flat 7 Up
No. of Traded Stocks : 36
Last Update: 10:33 AM
ADI
8,379.48 -0.18% -15.35
Volume 103,312,670 Turnover 230,794,342 No. of Trades: 2,214
24 Down 10 Flat 16 Up
No. of Traded Stocks : 50
Last Update: 10:33 AM
Latest News
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Al Firdous Holding suffers lower losses in FY23/24 Financial Results
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Al Ramz records plunge in Q1-24 net profits Financial Results
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Phoenix Group’s profits surpass $66m in Q1-24 Financial Results
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UAE stock markets close lower on Tuesday Trading Activities
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Mubadala Energy unveils gas discovery in Indonesia Companies Investments
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Dubai Investments logs AED 120m profits to owners in Q1-24 Financial Results
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AD Ports’ revenues more than double in Q1-24; profits near AED 314m Financial Results
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ADIB launches expansion plan to improve business banking for SMEs Banking and Finance
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Fertiglobe’s net profits cross $154m in Q1-24 interim results Financial Results
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GCC companies raise $931m from IPOs in Q1-24 – Report Trading Activities
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Top quotes by Saudi ministers, officials from energy giants at FII7; regional leaders give remarks Global Economy
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Islamic Finance
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Al Rajhi Bank concludes $1bn USD-denominated sukuk Banking and Finance
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Aldar Properties’ investment arm issues $500m green sukuk Sukuk and Islamic Finance
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Cenomi Centers concludes $100m sukuk private placement Sukuk and Islamic Finance
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Al Rajhi Bank issues $1bn sustainable sukuk Banking and Finance
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Al Rajhi Bank to issue USD-denominated sukuk Sukuk and Islamic Finance
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Cenomi Centers completes $500m sukuk issuance Sukuk and Islamic Finance
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Cenomi Centers to offer USD-denominated Sukuk Sukuk and Islamic Finance
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Arab Markets
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Sinad Holding posts SAR 14m losses in Q1-24; accumulated losses reported Financial Results
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NileSat records plunge in Q1-24 financials Financial Results
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Egyptian Exchange sees negative performance on Tuesday Trading Activities
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Saudi stock market closes Tuesday in red Trading Activities
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Al Firdous Holding suffers lower losses in FY23/24 Financial Results
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Al Baraka Group launches portal to boost Egyptian, Pakistani cooperation Banking and Finance
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CMA greenlights capital hike of Budget Saudi, Bena Steel Industries Management Decisions
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Al Ramz records plunge in Q1-24 net profits Financial Results
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Emaar Misr’s consolidated profit leaps to EGP 5.7bn in Q1-24 Financial Results
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Phoenix Group’s profits surpass $66m in Q1-24 Financial Results
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International Markets
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