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05 August 11:13 AM
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Global gold demand grows 4% YoY in Q2-24 – Report

Mubasher: Global demand for gold rose by 4% year-on-year (YoY) to 1,258 tonnes in the second quarter (Q2) of 2024, according to a report by the World Gold Council (WGC). The growth in demand was driven by a 53% YoY surge in over-the-counter (OTC) …
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ADIB Securities launches ADIBS Global in US market
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HDI Global expands in Middle East through new regional office in Dubai
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Educatly secures $2.5m funding round co-led by Egypt Venture
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NIP Group unveils largest entertainment IPO on NASDAQ
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du, Nokia upgrade 5G uplink performance in MEA
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Global gold demand grows 4% YoY in Q2-24 – Report Macroeconomics
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ADIB Securities launches ADIBS Global in US market Banking and Finance
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HDI Global expands in Middle East through new regional office in Dubai Companies Investments
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Educatly secures $2.5m funding round co-led by Egypt Venture Global Economy
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NIP Group unveils largest entertainment IPO on NASDAQ Initial Public Offerings
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du, Nokia upgrade 5G uplink performance in MEA Global Economy
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Saudi Arabia leads 1st round of GCC-Turkey free trade agreement talks Macroeconomics
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Egypt signs $342m agreements with int'l companies to boost oil, gas production Global Economy
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Dubai-based fintech Mamo secures $3.4m investment for regional expansion Companies Investments
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Egypt reportedly launches tender to purchase 5 liquefied gas shipments Global Economy
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Mubasher Exclusive
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Act Financial seeks stakes in real estate, logistics companies – Managing Partner Global Economy
Assem El-Bassal, the CEO of Mubasher Media
Winning Arab Media Award crowns Mubasher.info’s years of hard work – El-Bassal Global Economy
Ahmed El-Shamsy, the Editor-in-Chief of Mubasher Media
El-Shamsy highlights efforts behind choosing Mubasher.info as Best Economic Platform Global Economy
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Riyadh Air’s Coste unveils plans until 2030, impact on Saudi employment ecosystem – Interview Companies Investments
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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
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Mohammed Al Ballaa, Chairman of Mubasher Financial Group
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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
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Islamic Finance
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GCC fixed income markets see $75.5bn issuances in H1-24 – Report Sukuk and Islamic Finance
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ADCB achieves AED 5bn net profit before tax in H1-24 Banking and Finance
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Binghatti sukuk tap 420% oversubscribed on strong global demand Real estate
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UK’s fintech firm Offa launches Islamic BTL service for expats in region Companies Investments
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Islamic Development Bank finances solar, battery projects in Uzbekistan Banking and Finance
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Nasdaq Dubai unveils $2.3bn new Sukuk issuances by Indonesia Trading Activities
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2P Prefect Presentation pens SAR 121m facility agreement with Riyad Bank Banking and Finance
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ADIB provides AED 5.5bn sustainable finance in 2023 Banking and Finance
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Arada Developments lists $400m Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
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Saudi sukuk, debt market hits 18.3% of GDP in 2023 – Report Bonds
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Arab Markets
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Palm Hills sets up company in Saudi Arabia Real estate
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SAIB’s net profits up to SAR 923m in H1-24 Banking and Finance
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ACWA Power sees 32% higher profits in H1-24; revenues surpass SAR 2.8bn Financial Results
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ADNOC Drilling unveils H1-24 financials, dividends; Enersol to acquire EV Holdings Financial Results
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CBE offers T-bonds, floating-rate note on Monday Macroeconomics
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Riyad Bank’s profits up 10% in H1-24; assets hit SAR 405bn Banking and Finance
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EGX indices show negative performance on Sunday Trading Activities
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Tadawul falls on Sunday amid all-sector decline Trading Activities
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Waha Capital’s profits up to over AED 204.5m in H1-24 Financial Results
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Chemanol incurs 11% lower net losses in H1-24 Financial Results
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International Markets
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