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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 Global Economy
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HDI Global expands in Middle East through new regional office in Dubai Global Economy
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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 Global Economy
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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 Global Economy
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Egypt reportedly launches tender to purchase 5 liquefied gas shipments Companies Investments
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Mubasher Exclusive
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Act Financial seeks stakes in real estate, logistics companies – Managing Partner Companies Investments
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 Event
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Riyadh Air’s Coste unveils plans until 2030, impact on Saudi employment ecosystem – Interview Event
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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
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Highlights of Chairman Al Ballaa’s speech during AFCM 2024 Event
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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 Global Economy
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Islamic Finance
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GCC fixed income markets see $75.5bn issuances in H1-24 – Report Macroeconomics
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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 Bonds
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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 Companies Investments
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ADIB provides AED 5.5bn sustainable finance in 2023 Sukuk and Islamic 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 Sector Reports
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Arab Markets
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Saudi Exchange’s indices end Wednesday with varied performance Trading Activities
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EGX’s indices see positive performance on Wednesday Trading Activities
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EWEC receives bids for UAE's Saadiyat Island desalination project Real estate
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UAE’s stock markets end Wednesday in red Trading Activities
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Pure Health Holding’s profits up 8% YoY in H1-24 Financial Results
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Borouge logs 35% YoY profit surge in H1-24 Cash Dividends
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Nahdi Medical’s profit dips 6% YoY in H1-24; dividends approved Cash Dividends
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Zahraa Maadi gives preliminary approval for 42-acre project with Madinet Masr Companies Investments
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Umm Al Qura Cement posts 249% leap in H1-24 profits Financial Results
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LG, Raya Electric partner to produce home air conditioners in Egypt Companies Investments
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International Markets
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