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15 May 10:27 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
4,135.97 0.08% 3.11
Volume 13,110,822 Turnover 14,382,699 No. of Trades: 486
16 Down 13 Flat 5 Up
No. of Traded Stocks : 34
Last Update: 10:12 AM
ADI
8,379.48 -0.18% -15.35
Volume 53,741,613 Turnover 161,460,286 No. of Trades: 1,024
17 Down 15 Flat 13 Up
No. of Traded Stocks : 45
Last Update: 10:12 AM
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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 Initial Public Offerings
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Top quotes by Saudi ministers, officials from energy giants at FII7; regional leaders give remarks Event
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Islamic Finance
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Al Rajhi Bank concludes $1bn USD-denominated sukuk Sukuk and Islamic Finance
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Aldar Properties’ investment arm issues $500m green sukuk Companies Investments
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Moody’s upgrades ADIB’s BCA to 'baa3'; affirms long-term issuer ratings Banking and Finance
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Cenomi Centers concludes $100m sukuk private placement Sukuk and Islamic Finance
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Al Rajhi Bank to issue USD-denominated sukuk Banking and 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 Corporate Actions
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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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International Markets
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