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07 June 10:11 AM
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UAE, Egypt team up to establish Africa's biggest wind farm

Mubasher: Masdar (Abu Dhabi Future Energy Company), Infinity Power, and Hassan Allam Utilities inked an agreement with Egypt's New and Renewable Energy Authority (NREA) to build Africa's biggest wind farm. The entities will join forces to …
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DFM launches futures contracts on general index
Suhail bin Mohammed Al Mazrouei, UAE Minister of Energy and Infrastructure
We are deploying nationwide network of public, private charging stations – Al Mazrouei
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Annual Investment Meeting 2023 witnesses 23 MoUs
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Celularity receives $45m PO from Saudi Jamjoom Medicine under regional expansion
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MENA region to see 1st EV innovation summit
Jordan Arab Global Commodities
ASEGI
2,500.92 0.43% 10.78
Volume 1,743,360 Turnover 1,871,899 No. of Trades: 1,114
26 Down 25 Flat 17 Up
No. of Traded Stocks : 68
Last Update: 09:56 AM
Latest News
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UAE, Egypt team up to establish Africa's biggest wind farm Global Economy
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DFM launches futures contracts on general index Global Economy
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Suhail bin Mohammed Al Mazrouei, UAE Minister of Energy and Infrastructure
We are deploying nationwide network of public, private charging stations – Al Mazrouei Event
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Annual Investment Meeting 2023 witnesses 23 MoUs Event
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MENA region to see 1st EV innovation summit Event
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Riyadh-headquartered Arabsat partners with Airbus, SpaceX to launch Badr-8 Global Economy
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e&, Bespin Global boost cloud services in MEA via new JV Companies Investments
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EFG Hermes concludes rebranding; foundation name changed Management Decisions
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Tarabut Gateway joins Saudi Qarar to revolutionise financial landscape in Middle East Companies Investments
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Celularity receives $45m PO from Saudi Jamjoom Medicine under regional expansion Companies Investments
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Mubasher Exclusive
Mohammed Elhorishy, Founder and CEO of Taager
Startup Lounge: Saudi Arabia is most exciting growth market for Taager sellers – CEO Companies Investments
During the Event
Top officials join GTN ME event in Saudi Arabia Global Economy
Deputy Governor of the CBE, Rami Aboul Naga
Egyptian gov’t keen on preserving purchasing power – CBE’s Aboul Naga Global Economy
Chairman of the EGX, Rami El-Dokany
El-Dokany during GTN ME event says EGX is working on launching Islamic-compliant index Global Economy
Head of Financial Regulatory Authority (FRA), Mohamed Farid
FRA’s Mohamed Farid joins GTN ME event on investing in Egyptian capital market Global Economy
Chairman of Mubasher Financial Group, Mohamed Al Ballaa
GTN ME hosts event on investing in Egyptian capital market; Al Ballaa participates Global Economy
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Xpence plans to expand into at least 3 new strategic markets – Interview with CEO Ansari Global Economy
PaySky Founder and CEO, Waleed Sadek
Investments of award-winning PaySky in Egypt cross EGP 100m – Interview Companies Investments
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Ecolab's business volume in Egypt, MENA hits $200m - Interview International Agreements
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Egypt agrees to launch Egyptian-Qatari Business Forum early next year - Sources Event
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Islamic Finance
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Bank Aljazira plans to issue SAR-denominated Sukuk programme Banking and Finance
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UAE collaborates with Bloomberg, Euroclear Bank to offer solution for Islamic bonds Banking and Finance
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Emirates NBD arranges Al Rajhi Bank’s $1bn inaugural Sukuk Sukuk and Islamic Finance
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Cenomi Centers unveils over SAR 4bn Sukuk programme Corporate Actions
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Scientific & Medical Equipment House pens Islamic loan deal with Alinma Bank Companies Investments
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SAIB announces redemption, raising value of Tier 1 Capital Sukuk Sukuk and Islamic Finance
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Hilwa plans to issue SAR-denominated Sukuk Management Decisions
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Nama Chemicals secures SAR 90m loans from Riyad Bank, NBK Sukuk and Islamic Finance
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Al Babtain Power secures SAR 200m loan from Banque Saudi Fransi Sukuk and Islamic Finance
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DIB prices $750m from inaugural sustainable Sukuk Banking and Finance
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Arab Markets
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UAE, Egypt team up to establish Africa's biggest wind farm Global Economy
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Zahrat Al Waha renews financing agreement with SNB Banking and Finance
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Ithmaar Holding unveils Q1-23 results, accumulated losses, capital boost plans Management Decisions
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Egypt’s foreign reserves up to $34.66bn in May Banking and Finance
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Kuwait’s HEISCO wins SAR 500m contract in Saudi Arabia for Aramco Companies Investments
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Tadawul closes Tuesday’s trading session higher Trading Activities
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EGX closes Tuesday with positive note Trading Activities
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Saudi Arabia’s PMI eases to 58.5 in May Macroeconomics
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Saudi Networkers Services unveils H2-22 dividends, relocation General Assembly
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DFM closes Tuesday up; ADX ends session lower Trading Activities
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International Markets
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