GCC equity markets ended 2024 in positive territory
Five of seven GCC equity market indices under coverage ended 2024 on the rise, according to an in-depth report on GCC equity markets. Dubai Financial Market (DFM) led its peers, wrapping up 2024 with an annual rise of 27%
GCC
Oracle shares up 35%
Huge AI contracts lead to the surge.
ADCB to raise $1.66bn
The rights issue aimed at boosting growth.
EGA H1 revenue $4.11bn
Net profit before GAC $445 million.
Borouge to pay $660m H1 dividend
Its net profit for H1 was $474 million.
TAQA secures $2.31bn loan
It will be utilized in a phased manner.
