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14 May 02:06 PM
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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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AD Ports’ revenues more than double in Q1-24; profits near AED 314m
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ADIB launches expansion plan to improve business banking for SMEs
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Fertiglobe’s net profits cross $154m in Q1-24 interim results
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Air Arabia delivers 8% higher revenues in Q1-24; profits hit AED 266m
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Emirates NBD-Egypt’s profits hit EGP 1.1bn in Q1-24
UAE Arab Global Commodities
DFMGI ADI
DFMGI
4,131.70 -0.91% -37.93
Volume 221,653,940 Turnover 594,465,900 No. of Trades: 7,150
26 Down 6 Flat 10 Up
No. of Traded Stocks : 42
Last Update: 01:51 PM
ADI
8,379.48 -0.18% -15.35
Volume 193,228,579 Turnover 801,091,545 No. of Trades: 12,296
39 Down 10 Flat 16 Up
No. of Traded Stocks : 65
Last Update: 01:51 PM
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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 Global Economy
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Air Arabia delivers 8% higher revenues in Q1-24; profits hit AED 266m Financial Results
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Emirates NBD-Egypt’s profits hit EGP 1.1bn in Q1-24 Financial Results
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DFM, ADX close Monday in green zone Trading Activities
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Emirates Group’s profit balloons 71% YoY in FY23/24 Financial Results
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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 Sukuk and Islamic Finance
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Al Rajhi Bank to issue USD-denominated sukuk Sukuk and Islamic Finance
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Arab Markets
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ADES Holding inks SAR 354m with Thai oil company Companies Investments
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AD Ports’ revenues more than double in Q1-24; profits near AED 314m Financial Results
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Petro Rabigh incurs SAR 1.3bn losses in Q1-24; accumulated losses hit 46.5% of capital Financial Results
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ADIB launches expansion plan to improve business banking for SMEs Banking and Finance
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Zain KSA pens SAR 1.6bn facilities with Al Rajhi Bank Banking and Finance
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SAPTCO suffers higher losses in Q1-24; accumulated losses unveiled Financial Results
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Emaar The Economic City sustains 106% YoY higher loss in Q1-24; accumulated loss hits SAR 5.3bn Real estate
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Fertiglobe’s net profits cross $154m in Q1-24 interim results Financial Results
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Fawry’s consolidated profit jumps to EGP 334m in Q1-24 Financial Results
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International Markets
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