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14 May 01:11 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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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
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QatarEnergy to acquire 40% of 2 offshore exploration blocks in Egypt
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Emirates Group’s profit balloons 71% YoY in FY23/24
UAE Arab Global Commodities
DFMGI ADI
DFMGI
4,134.41 -0.84% -35.22
Volume 199,290,004 Turnover 537,499,332 No. of Trades: 5,257
28 Down 6 Flat 7 Up
No. of Traded Stocks : 41
Last Update: 12:56 PM
ADI
8,379.48 -0.18% -15.35
Volume 130,260,090 Turnover 525,566,479 No. of Trades: 8,534
39 Down 9 Flat 16 Up
No. of Traded Stocks : 64
Last Update: 12:56 PM
Latest News
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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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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 Banking and Finance
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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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QatarEnergy to acquire 40% of 2 offshore exploration blocks in Egypt Companies Investments
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ADNOC Drilling posts 26% higher profits in Q1-24; new dividends policy unveiled Financial Results
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ADNIC registers strong financial performance in Q1-24 Banking and Finance
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Top quotes by Saudi ministers, officials from energy giants at FII7; regional leaders give remarks Event
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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-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 Companies Investments
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Arab Markets
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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 Financial Results
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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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Ma’aden records 134% higher profits in Q1-24; revenues down 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 Banking and Finance
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Saudi Rasan commences book-building process; price range for IPO unveiled Initial Public Offerings
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International Markets
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