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13 May 02:23 PM
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QatarEnergy to acquire 40% of 2 offshore exploration blocks in Egypt

Cairo – Mubasher: QatarEnergy signed an agreement with ExxonMobil to acquire 40% ownership in two offshore exploration blocks in Egypt. QatarEnergy will take on a 40% stake in the Cairo and Masry offshore concession agreements, while ExxonMobil …
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UAE tops global rankings in fibre-to-the-home penetration
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ADNOC Drilling posts 26% higher profits in Q1-24; new dividends policy unveiled
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DEWA announces Q1-24 financial results; revenues hit AED 5.8bn
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Aramex’s profits near double in Q1-24 interim results
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ADNIC registers strong financial performance in Q1-24
UAE Arab Global Commodities
DFMGI ADI
DFMGI
4,174.12 0.03% 1.08
Volume 113,137,607 Turnover 238,212,473 No. of Trades: 7,299
19 Down 4 Flat 17 Up
No. of Traded Stocks : 40
Last Update: 02:00 PM
ADI
8,379.48 -0.18% -15.35
Volume 191,532,513 Turnover 764,323,127 No. of Trades: 11,039
35 Down 12 Flat 23 Up
No. of Traded Stocks : 70
Last Update: 02:00 PM
Latest News
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QatarEnergy to acquire 40% of 2 offshore exploration blocks in Egypt Companies Investments
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UAE tops global rankings in fibre-to-the-home penetration Macroeconomics
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ADNOC Drilling posts 26% higher profits in Q1-24; new dividends policy unveiled Cash Dividends
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ADNIC registers strong financial performance in Q1-24 Financial Results
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RAK White Cement’s profits leap in Q1-24 to AED 13m Financial Results
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DEWA announces Q1-24 financial results; revenues hit AED 5.8bn Financial Results
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RAK Ceramics achieves AED 63m net profits in Q1-24 Financial Results
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Abu Dhabi National Hotels sees higher net profits in Q1-24 Financial Results
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UAE, Indonesia ink MoU to use local currencies in trade Macroeconomics
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Aramex’s profits near double in Q1-24 interim results 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 Initial Public Offerings
Mohammed Al Ballaa, Chairman of Mubasher Financial Group
Highlights of Chairman Al Ballaa’s speech during AFCM 2024 Global Economy
Mohammed Rashid Al Ballaa, Chairman of MubasherTrade Global
Mubasher aims at broadening investors base in Arab exchanges – Chairman Al Ballaa Companies Investments
Mohammed Rashid Al Ballaa, Chairman of MubasherTrade Global
Mubasher Global has the largest network, covers 3m investment tools – Chairman Al Ballaa Companies Investments
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Arab stock markets show varied performance in Ramadan 2024 Market News
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 Banking and 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 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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Sipchem’s affiliate firm secures SAR 1.5bn loan from 2 banks Banking and Finance
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City Cement registers 51% higher profits in Q1-24 Financial Results
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ADIB Egypt’s consolidated profits hike to EGP 2.1bn in Q1-24 Banking and Finance
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MedGulf’s net profit drops 27% YoY in Q1-24; accumulated losses hit SAR 231m Financial Results
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QatarEnergy to acquire 40% of 2 offshore exploration blocks in Egypt Companies Investments
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Aljazira Takaful Taawuni logs 79% YoY higher profit in Q1-24 Financial Results
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Saudi Ground Services logs 78% higher profits in Q1-24 Financial Results
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Banque du Caire secures $100m SME financing from IFC Companies Investments
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CIB records jump in Q1-24 consolidated profits to EGP 11.9bn Financial Results
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UAE tops global rankings in fibre-to-the-home penetration Macroeconomics
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International Markets
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