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16 May 02:52 PM
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Tecom Group unveils AED 1.7bn investments in strategic projects

Dubai – Mubasher: The board of Tecom Group has approved a strategic acquisition and development plan valued at AED 1.70 billion, according to a press release. Under the expansion plan, the UAE-based group will invest AED 966 million to acquire …
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Waha Capital records 90% surge in Q1-24 net profits
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Amanat logs over AED 48m net profits in Q1-24
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DP World opens 3 facilities in Romania with EUR 130m
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ACWA Power’s solar power project in UAE receives operation certificate
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Eshraq Investments incurs higher losses in Q1-24 at AED 306m
UAE Arab Global Commodities
DFMGI ADI
DFMGI
4,079.07 -0.35% -14.18
Volume 158,866,098 Turnover 333,800,883 No. of Trades: 11,034
17 Down 5 Flat 20 Up
No. of Traded Stocks : 42
Last Update: 02:00 PM
ADI
8,379.48 -0.18% -15.35
Volume 314,229,216 Turnover 958,942,283 No. of Trades: 16,554
29 Down 9 Flat 30 Up
No. of Traded Stocks : 68
Last Update: 02:00 PM
Latest News
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Tecom Group unveils AED 1.7bn investments in strategic projects Companies Investments
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Waha Capital records 90% surge in Q1-24 net profits Financial Results
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Amanat logs over AED 48m net profits in Q1-24 Financial Results
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DP World opens 3 facilities in Romania with EUR 130m Companies Investments
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ACWA Power’s solar power project in UAE receives operation certificate Companies Investments
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Eshraq Investments incurs higher losses in Q1-24 at AED 306m Financial Results
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TAQA’s net income exceeds AED 2.1bn in Q1-24 consolidated results Financial Results
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GMPC logs AED 17m net profits in Q1-24 Financial Results
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Sharjah Cement delivers growth in Q1-24 financials Financial Results
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Gulf Navigation swings to AED 11.5m losses in Q1-24 Financial Results
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Mubasher Exclusive
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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 Global Economy
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Arab stock markets show varied performance in Ramadan 2024 Trading Activities
GTN expands commodities offering for digital investing in physical gold and silver
GTN expands commodities offering for digital investing in physical gold and silver Companies Investments
1st Investor competition
Mubasher Global announces prizes of 1st Investor contest in US market
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Top quotes by Saudi ministers, officials from energy giants at FII7; regional leaders give remarks Event
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Get to know world leaders' quotes on FII7 Day 1; Saudi Arabia's role praised 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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Aldar Properties’ investment arm issues $500m green sukuk Sukuk and Islamic Finance
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Al Rajhi Bank to issue USD sukuk to Saudi, int’l investors Banking and Finance
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Moody’s upgrades ADIB’s BCA to 'baa3'; affirms long-term issuer ratings Sukuk and Islamic Finance
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DSI’s shareholders pass restructuring plan Corporate Actions
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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 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 Companies Investments
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Arab Markets
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Egypt Gas’ net profit rises to EGP 139m in Q1-24 Financial Results
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Tecom Group unveils AED 1.7bn investments in strategic projects Board of Directors
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Qassim Cement’s net profit leaps 35% YoY in Q1-24 Financial Results
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Waha Capital records 90% surge in Q1-24 net profits Financial Results
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Amer Group’s consolidated profit shrinks to EGP 15m in Q1-24 Financial Results
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Morabaha Marina Financing eyes SAR 25.5m cash dividends for 2023 Cash Dividends
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Amanat logs over AED 48m net profits in Q1-24 Financial Results
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Cenomi Centers’ profits drop 52% YoY in Q1-24; dividends proposed Cash Dividends
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BinDawood’s profits surge 16% in Q1-24; dividends for H2-23 unveiled General Assembly
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DP World opens 3 facilities in Romania with EUR 130m Companies Investments
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International Markets
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