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13 May 02:54 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
4,172.22 -0.02% -0.82
Volume 133,637,237 Turnover 310,664,158 No. of Trades: 8,878
19 Down 6 Flat 15 Up
No. of Traded Stocks : 40
Last Update: 02:00 PM
ADI
8,379.48 -0.18% -15.35
Volume 207,056,704 Turnover 818,810,576 No. of Trades: 12,712
34 Down 15 Flat 21 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 Global Economy
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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 Banking and Finance
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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 Global Economy
Mostafa Abdelaziz, Managing Partner at Act Financial
Act Financial plans EGX listing in Q2-24 after decade of continuous work – Abdelaziz Trading Activities
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 Global Economy
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 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 Global Economy
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
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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 Sukuk and 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 General Assembly
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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 Sukuk and Islamic Finance
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Arab Markets
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Dallah Healthcare reports 26% YoY profit hike in Q1-24 Financial Results
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Sipchem’s affiliate firm secures SAR 1.5bn loan from 2 banks Companies Investments
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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 Banking and Finance
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QatarEnergy to acquire 40% of 2 offshore exploration blocks in Egypt Global Economy
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Aljazira Takaful Taawuni logs 79% YoY higher profit in Q1-24 Banking and Finance
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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 Banking and Finance
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CIB records jump in Q1-24 consolidated profits to EGP 11.9bn Financial Results
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International Markets
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