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14 May 12:16 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
4,145.78 -0.57% -23.85
Volume 53,497,658 Turnover 109,141,163 No. of Trades: 3,209
26 Down 10 Flat 4 Up
No. of Traded Stocks : 40
Last Update: 12:01 PM
ADI
8,379.48 -0.18% -15.35
Volume 88,869,852 Turnover 372,628,241 No. of Trades: 5,691
33 Down 10 Flat 18 Up
No. of Traded Stocks : 61
Last Update: 12:01 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 Trading Activities
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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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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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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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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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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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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 Trading Activities
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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 Trading Activities
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Morabaha Marina Financing's net profit drops 75% YoY in Q1-24 Financial Results
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EGX30 adds 0.9% on Monday; market cap totals EGP 1.7trn Trading Activities
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International Markets
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