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16 April 12:40 PM
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Microsoft invests $1.5bn in UAE’s AI tech firm G42

UAE – Mubasher: Microsoft has announced investing $1.50 billion in G42, a UAE-based artificial intelligence (AI) technology holding company. The partnership will help transfer Microsoft AI technologies to the UAE and other countries, according to …
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Thermal power to dominate UAE’s energy landscape until 2035 – GlobalData
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Green Hydrogen Summit to kick off in Abu Dhabi; Boris Johnson among int’l lineup
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UAE participates in IMF, WBG 2024 spring meetings
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Al Ansari Exchange, CBUAE’s unit collaborate to foster digital payments
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Ducab Group unveils plan to expand in 20 new markets
UAE Arab Global Commodities
DFMGI ADI
DFMGI
4,236.65 -0.17% -7.13
Volume 84,249,483 Turnover 168,342,701 No. of Trades: 4,086
25 Down 2 Flat 12 Up
No. of Traded Stocks : 39
Last Update: 12:25 PM
ADI
8,379.48 -0.18% -15.35
Volume 215,421,120 Turnover 699,097,102 No. of Trades: 10,702
34 Down 9 Flat 26 Up
No. of Traded Stocks : 69
Last Update: 12:25 PM
Latest News
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Microsoft invests $1.5bn in UAE’s AI tech firm G42 Companies Investments
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Thermal power to dominate UAE’s energy landscape until 2035 – GlobalData Sector Reports
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Green Hydrogen Summit to kick off in Abu Dhabi; Boris Johnson among int’l lineup Global Economy
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UAE stock markets close 1st trading session after Eid on mixed note Trading Activities
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UAE participates in IMF, WBG 2024 spring meetings Macroeconomics
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Al Ansari Exchange, CBUAE’s unit collaborate to foster digital payments Companies Investments
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Ducab Group unveils plan to expand in 20 new markets Companies Investments
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Budget Saudi’s subsidiary seals acquisition deal in UAE Mergers and Acquisitions
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GFH seeks to acquire Ithmaar Holding’s portfolios Mergers and Acquisitions
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Saudi Arabia, Kuwait’s crude oil production rises in March; UAE shows decline Sector Reports
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Mubasher Exclusive
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Arab stock markets show varied performance in Ramadan 2024 Sector Reports
GTN expands commodities offering for digital investing in physical gold and silver
GTN expands commodities offering for digital investing in physical gold and silver Trading Activities
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 Global Economy
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Get to know world leaders' quotes on FII7 Day 1; Saudi Arabia's role praised Global Economy
Abdulaziz Al Dahmash, the Managing Director and CEO of Network International KSA
Network eyes SAMA’s nod to for regional expansion – Al Dahmash in interview at Seamless Central Banks
Ahmed Fahmy, CEO of OneCard
OneCard plans to expand in over 22 countries – CEO in interview at Seamless Global Economy
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OneCard partners with Tadawul-listed Alinma Bank at Seamless Saudi Arabia Event
YOÜGotaGift and OneCard at Seamless Saudi Arabia
OneCard enters strategic partnership with YOÜGotaGift for regional expansion at Seamless Saudi Arabia Event
Abdullah Albruaidi, Business Development Manager of n.go,
n.go unveils expansion plans in Saudi Arabia, Egypt at Seamless Global Economy
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Islamic 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 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 Sukuk and Islamic 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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Saudi German Hospital concludes SAR 1bn Sukuk offering Sukuk and Islamic Finance
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SNB completes offering $850m USD-denominated Sukuk Sukuk and Islamic Finance
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SNB plans to offer USD-denominated Sukuk to local, int’l investors Banking and Finance
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Arab Markets
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Microsoft invests $1.5bn in UAE’s AI tech firm G42 Companies Investments
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FRA approves MM Group’s capital hike Corporate Actions
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Faisal Islamic Bank of Egypt’s standalone profit soars 180% YoY in Q1-24 Banking and Finance
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eXtra posts nearly SAR 94m net profits in Q1-24 Financial Results
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CBE unveils EGP 5.5bn bonds on Tuesday Central Banks
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Thermal power to dominate UAE’s energy landscape until 2035 – GlobalData Macroeconomics
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Green Hydrogen Summit to kick off in Abu Dhabi; Boris Johnson among int’l lineup Global Economy
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2P Prefect Presentation unveils SAR 80m bank facility with SAB Companies Investments
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EGX indices surge in 1st post-holiday session; turnover surpasses EGP 4.7bn Trading Activities
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2P Perfect Presentation awarded SAR 46m project contract Companies Investments
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International Markets
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