Tadawul-

Alinma Investment Company announces that the quarterly statement of Alinma Saudi Government Sukuk ETF Fund - Short Maturity for the period ending on 2024-06-30

Tadawul-

Element List Explanation
Introduction The Board of Directors of the Saudi Paper Manufacturing Company is pleased to invite the esteemed shareholders to participate and vote in the Ordinary General Assembly meeting (first meeting), which is scheduled to be held through modern technological means, God willing, at 6:30 pm on Sunday 08/04/2024 AD, corresponding to 01/29/ 1446 AH
City and Location of the General Assembly's Meeting Headquarters in Dammam - using modern technology
Hyperlink of the Meeting Location Click Here
Date of the General Assembly's Meeting 2024-08-04 Corresponding to 1446-01-29
Time of the General Assembly’s Meeting 18:30
Methodology of Convening the General Assembly’s Meeting Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End Every shareholder registered in the company’s shareholder register at the Depository Center at the end of the trading session preceding the General Assembly meeting has the right to attend the Assembly meeting in accordance with the rules and regulations. Shareholders have the right to discuss the topics on the Assembly’s agenda and direct their inquiries. For your information, the right to register attendance at the Assembly meeting ends at the time of the Assembly meeting, and the right to vote on the Assembly’s items for attendees ends when the sorting committee finishes counting the votes.
Quorum for Convening the General Assembly's Meeting According to Article (31) of the company’s bylaws, the ordinary general assembly meeting will not be held valid unless it is attended by shareholders representing at least a quarter of the company’s shares that have voting rights. If the necessary quorum is not available to hold this meeting, the second meeting will be held one hour after the end of the period specified for the meeting. The first meeting. In all cases, the second meeting is valid, regardless of the number of shares represented in it.
General Assembly Meeting Agenda 1- Vote on authorizing the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for the fiscal year 2024.
2- Vote on amending the work regulations of the Nominations and Remuneration Committee ( attached ).

3- Vote on amending the remuneration policy for members of the Board of Directors and the committees emanating from the Board and Executive Management ( attached ).

4- Vote on amending the policies, standards and procedures for membership in the company’s Board of Directors ( attached ).

5- Voting on the standards and controls of competing businesses (attached).

6- Vote on the dividend distribution policy ( attached ).

Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right The shareholder has the right to register attendance at the assembly meeting, which ends at the time of the assembly meeting, in addition to the right to vote on the assembly’s items for attendees, which ends when the sorting committee finishes counting the votes. The shareholder also has the right to discuss the topics listed on the assembly’s agenda and ask questions.
Details of the electronic voting on the Assembly’s agenda Dear shareholders registered in Tadawulati services, can vote remotely on the assembly’s items, starting at one o’clock in the morning on Wednesday 01/25/1446 AH, corresponding to 07/31/2024 AD, until the end of the meeting time. Registration and voting in Tadawulati services will be available and free for all shareholders by using the link. Next: www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries If you have any inquiries, please contact Investor Relations during the company’s official working hours or via e-mail
the phone:

+966 13 8121016 | EXT: 1042

E-mail :

IR.Inquires@saudipaper.com

Tadawul-

Element List Explanation
Introduction Reference to the announcement of Naba Al-Saha Medical Services Company, which was announced in (Tadawul) on July 14, 2024, regarding the appointment of the Chairman of the Board of Directors, Vice Chairman of the Board of Directors, formation of committees, appointment of the company representatives, and appointment of the Board Secretary, Naba Al-Saha Medical Services Company would like to announce the formation of the Audit Committee for the new board term, commencing on July 14, 2024, and ending on July 13, 2027, for a duration of three years, as follows:
Element List Explanation
Appointed Member Name Mr. Thamer Musfir Al-Wadaei (Chairman of the Committee, Independent Board Member)
Membership Start Date 2024-07-14 Corresponding to 1446-01-08
Brief Resume of the Appointed Member Mr. Thamer Musfir Al-Wadai, holds a Bachelor's degree in Business Administration from Imam Muhammad bin Saud Islamic University, a Master's degree in Business Administration from Al-Yamamah University, and a diploma in accounting from the Institute of Management. He has experience in the field of internal control and auditing, having worked at Samba Financial Group in internal control, as well as at Alinma Bank, Alawwal Bank, and the General Authority of Customs. He currently serves as the Chief Internal Auditor at the Human Resources Development Fund, in addition to being a member of the boards of directors and committees of several companies.
The date of the approval by other official authorities Not Applicable
Element List Explanation
Appointed Member Name Mr. Saad Adnan Al-Awami (External Council Member)
Membership Start Date 2024-07-14 Corresponding to 1446-01-08
Brief Resume of the Appointed Member Mr. Saad Adnan Al-Awami, holds a Bachelor's degree in Financial Management from King Fahd University of Petroleum and Minerals and holds a Certified Internal Auditor certificate as well as a Certified Fraud Examiner certificate. He has extensive practical experience in internal control and internal auditing for approximately (10) years, during which he held numerous leadership roles in several companies. He currently serves as the Internal Audit Manager at Ma'aden Company, in addition to being a member of committees in several companies.
The date of the approval by other official authorities Not Applicable
Element List Explanation
Appointed Member Name Mr. Rabee Fahad Al-Qadi (External Council Member)
Membership Start Date 2024-07-14 Corresponding to 1446-01-08
Brief Resume of the Appointed Member Mr. Rabee Fahad Al-Qadi, holds a Bachelor's degree in Accounting from King Saud University and a Fellowship in Accounting and Auditing from the Saudi Organization for Certified Public Accountants. He has experience in the fields of auditing, financial accounting, and professional consulting, and currently works as an executive partner at Al-Qadi & Partners, Accountants and Lawyers.
The date of the approval by other official authorities Not Applicable
Element List Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed 2024-07-14 Corresponding to 1446-01-08

Tadawul-

Element List Explanation
Announcement Detail Anaam Holding Group Company announces that one of its subsidiaries (Wasit Saudi Company for Entertainment and Beauty Systems for Industry) has signed an agreement on 11-07-2024 with (Pausa), a Saudi Company, to establish and operate 42 kids entertainment and educational centers in Saudi Arabia in shopping malls, public parks, public and private schools, and kindergartens for a total amount of 25 million riyals within 24 months. In addition, WASIT will get a percentage of centers revenues for operating these centers. It is worth noting that Pausa is a Saudi company specialized in the field of entertainment and children’s education and has many centers in malls in Riyadh, Jeddah and Dammam. It has strategic partnerships with the Ministry of Culture and many companies such as Toys R Us, Al Hokair and others. There will be, God willing, a positive financial impact on the Company financials for 2024 and 2025 .

Tadawul-

Element List Explanation
Introduction Tanmiah Food Co. Announces the Resignation of Mr. Ahmed Sharaf Osilan from his current executive position as Managing Director while continuing as a Board member to become a Non-Executive Board member due to professional commitments. Noting that he submitted his resignation to the Board on July 14, 2024, and this was accepted by the Board on July 14, 2024, and shall be effective as of July 14, 2024.
Accordingly, the Board of Directors of Tanmiah Food Company would like to extend their gratitude and appreciation to Mr. Ahmed Sharaf Osilan for his notable efforts and contributions to the Company during his tenure as Managing Director, and the best of luck and success during his continuation as a Board member and in his professional career.

Element List Explanation
Resigned Member Name Mr. Ahmed Sharaf Osilan
Membership Type Executive
Resignation Submission Date 2024-07-14 Corresponding to 1446-01-08
Resignation Effective Date 2024-07-14 Corresponding to 1446-01-08
Membership Starting Date for the Resigned Member 2022-04-17 Corresponding to 1443-09-16
Reasons of Resignation For Professional Commitments

Tadawul-

Al-Jazira Capital announces the availability of the quarterly statement of the Al-Jazira REIT Fund for the period ending 30-06-2024AD,

Tadawul-

Alinma Investment Company announces that the quarterly statement of Alinma Retail REIT Fund for the period ending on 30/06/2024G.

Tadawul-

Element List Explanation
Introduction In addition to the announcement of Rawasy Al-Benaa Investment Company that a contract was signed with a private party on 11/07/2024 to implement the infrastructure development project for the Al Ghurub community in Medina, the company would like to clarify the name of the party with which the contract was signed, which is Beller Trading and Contracting Company.
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website 2024-07-11 Corresponding to 1446-01-05
Hyperlink to the Previous Announcement Click Here
Change on the Development NA
Financial Impact on the change NA

Tadawul-

SICO Capital Announces that the Quarterly Statement of SICO Saudi REIT Fund for the Period Ending 30 June 2024

Tadawul-

AL Wasatah Al Maliah (Wasatah Capital) announces that the quarterly statement of Alwaha REIT Fund for the period ending on 30/06/2024.

Tadawul-

Alkhabeer Capital announces that the quarterly statement of Al Khabeer Diversified Income Traded Fund for the period ending on 2024-06-30

Tadawul-

Element List Explanation
Announcement Detail Clean Life Company announces the completion of the procedures for registering its trademark (OBEED) and the start of activating its business in the insect and pest control sector. This event comes within the framework of Clean Life Company’s strategy to support the continuity of growth and expand the scope of its services and businesses, with funding From the company's financial sources.
Financial impact: The impact is expected to appear by the third quarter of the fiscal year 2024.

Tadawul-

Element List Explanation
Introduction Further to Derayah Financial’s announcement published 14 July 2024G regarding Q1 2024G Cash Distribution for Unitholders of Derayah REIT
Date of the Previous Announcement 2024-07-14 Corresponding to 1446-01-08
Hyperlink to the Previous Announcement Click Here
The Misstatement in the Previous Announcement Cash Distribution Entitlements to Unitholders Shall be Based on the Unitholder Register on the End of 22-08-2024.
The Correction of the Misstatement Cash Distribution Entitlements to Unitholders Shall be Based on the Unitholder Register on the End of 01-08-2024.
The Resulted Impact From The Misstatement There is no impact for the above clarification on Fund’s dividends.

SPA-

The Saudi main stock index closed today up 89.14 points to close at 11881.55 points, with trades worth SAR 6.3 billion.
The volume of traded shares - according to the Saudi Press Agency's daily economic bulletin for the Saudi Stock Market - amounted to 215 million shares, shared by more than 430 thousand transactions, in which the shares of 154 companies recorded an increase in their value, while the shares of 68 companies closed down.
The shares of Miyahuna, MBC Group, Talco, Rasen, and Arab Drilling were the highest risers, while the shares of Al Rajhi Takaful, Al Mutawwara, Anabeeb, Al Watania, and Electrical Industries were the lowest in the transactions, as the percentages of increase and decrease ranged between 9.96% and 7.27%.
While the shares of SMASCO, Miyahuna, Saudi Aramco, Shams, and Anaam Holding were the most active in terms of volume, the shares of ACWA Power, Miyahuna, Saudi Aramco, SABIC, and Rasen were the most active in terms of value. The Saudi Parallel Stock Index (Nomu) closed today down 79.18 points to close at 25696.86 points, with trades worth SAR 35 million, and the volume of traded shares reached more than 2.3 million shares, divided into 3606 deals.

SPA-

Bahrain All Share Index closed today at 1,981.63, down 10.13 points from the previous closing, due to the decrease in the Telecommunications, Financial, Industrial and Real Estate sectors.

While Bahrain Islamic Index closed at 783.00, down 15.23 points from its previous closing.
The volume of shares traded today amounted to 2,402,329 shares, with a total value of 562,878 Bahraini Dinars, executed through 95 transactions.

Tadawul-

Saudi Economic and Development Securities Company (SEDCO Capital) announces the availability of the quarterly statement of SEDCO Capital REIT Fund for the period ending on 30 June 2024.

Tadawul-

Element List Explanation
Announcement Detail Referring to the ordinary general assembly meeting of the company held on Sunday, June 30, 2024, corresponding to 24 Dhu al-Hijjah 1445, during which the members of the company's board of directors were elected for its new term commencing on 14/07/2024 and ending on 13/07/2027.
The company's board of directors is pleased to announce its decision at the meeting held on 08 Muharram 1446 H corresponding to 14/07/2024, to appoint the chairman of the board of directors and its vice chairman for the new term, as well as to appoint the board's secretary and the company's representatives to the Capital Market Authority and the Saudi Stock Exchange (Tadawul).

First: Mr. Abdulwahab Mohammed Al-Ajroush (independent member) is appointed as the chairman of the company's board of directors.

Second: Mr. Nathir Mohammed Hassan Al-Jishi (executive member) is appointed as the vice chairman of the company's board of directors.

Third: Formation of the "Review Committee" and the appointment of the following members, whose names are as follows; they are:

1- Mr. Thamer Musfir Al-Wadaei (Independent Board Member) "Chairman of the Committee"

2- Mr. Saad Adnan Al-Awami

3- Mr. Rabee Fahad Al-Qadi

The secretary of the board has been appointed, in addition to the appointment of the company's representatives to the Capital Market Authority, the Saudi Stock Exchange Company (Tadawul), and the Securities Depository Center (Edaa) for all purposes related to the implementation of the financial market system and its executive regulations.

Tadawul-

Element List Explanation
Introduction The Board of Directors of Northern Region Cement Co is pleased to invite its shareholders to participate in the meeting of the Extraordinary General Assembly (First Meeting) taking place on Sunday 04/08/2024, corresponding to 29/01/1446 at 18:30 pm via modern technology means provided by Tadawulaty.
City and Location of the General Assembly's Meeting By using modern technology from the company's headquarters in Turaif.
Hyperlink of the Meeting Location Click Here
Date of the General Assembly's Meeting 2024-08-04 Corresponding to 1446-01-29
Time of the General Assembly’s Meeting 18:30
Methodology of Convening the General Assembly’s Meeting Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee.
Quorum for Convening the General Assembly's Meeting The Extraordinary General Assembly shall not be deemed valid unless attended by shareholders representing half of the capital. If this quorum is not reached in the first meeting, a second meeting shall be held an hour after the end of the period specified for convening the first meeting. The call for the first meeting shall indicate the possibility of holding a second meeting. In all cases, the second meeting shall be valid if attended by a number of shareholders representing at least the one quarter of the capital.
General Assembly Meeting Agenda 1. Voting on adding an article to the company’s bylaws related to (the company’s purchase, sale, and mortgage of its shares) (attached)
2. Voting on amendment of Article (15) of the company Articles of Association relating to Company Management (attached).

3. Voting on the amendment of the company’s bylaws to comply with the new companies’ bylaws and rearrange the articles of the company’s bylaws and numbering to comply with the amendments proposed. (Attached)

4. Vote to disburse an amount of 1,200,000 Saudi Riyals as a reward for board members for the fiscal year ending 31 December 2023.

5. Voting on updating of the audit committee charter (Attached).

6. Voting on updating of the Nominations and Remuneration Committee Charter (Attached).

7. Voting on the amendment of the Competing Business Standards Charter (attached).

8. Voting on updating the Remuneration Policy for the Board of Directors and its Committees and Executive Management charter (Attached).

9. Voting on updating of the Policies, Standards and procedures for Board Membership (Attached).

10. Voting on the Social Responsibility Regulations. (attached).

Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right Shareholders have the right to discuss the topics listed in the agenda of the General Assembly and raise relevant questions and inquiries. Shareholders can vote remotely on the General Assembly Meeting’s agenda via (E-voting Service) of Tadawulaty, by clicking on the following link: www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda Shareholders have the right to discuss the topics listed in the agenda of the General Assembly and raise relevant questions and inquiries. The company assures to all its shareholders that registration and voting are limited to the assembly's items through (electronic voting), which will be available to shareholders registered on the Tadawulaty Platform from 01:00 am on Thursday 26/01/1446 (01/08/2024) until the end of the assembly time.
Registration and voting for Tadawulaty services will be available free of charge to all shareholders using the following link: www.tadawulaty.com.sa

Method of Communication in Case of Any Enquiries For inquiries and questions about the agenda items of the AGM can be contacted with the management of shareholders:
Tel: 011201 1212 Ext 117

E-mail: shareholders@nrc.com.sa

Riyadh Front- Business, Riyadh

Or Headquarters in Turaif.

Tadawul-

Element List Explanation
Introduction Musharaka Capital announces the quarterly statement for Musharaka REIT Fund for the period ending on 30/06/2024.
A copy of the statement can be obtained through the attachment or via the fund manager’s website as below:

https://musharaka.sa/Media/Documents/Quarterly-Reports/20240714145107349_nwwirlfs_azm.pdf

Tadawul-

Mulkia Investment Company announces the availability of the quarterly statement for Mulkia Gulf Real Estate REIT Fund for the period ending 30 June 2024.

Tadawul-

Element List Explanation
Introduction Professional Medical Expertise Co. announces the board of director's decision to not distribute dividends for the financial year ending on 31-12-2023G.
Date of the board’s decision 2024-07-11 Corresponding to 1446-01-05
Reasons for Not Recommending Distribution To expand the company's current and future operations, preserve liquidity, and strengthen the company's financial position.
Additional Information The recommendation will be submitted for approval at the General Assembly meeting, which will be scheduled.

Tadawul-

Element List Explanation
Introduction In addition to the announcement of the Morabaha Marina Financing Company on the Tadawul website on 01/04/1446 AH corresponding to 07/10/2024 AD, the company would like to attach some documents related to the association, which are the Audit Committee Charter before and after the amendment and the Nominations and Remuneration Committee Charter before and after the amendment in Arabic and English so that it can shareholders can view it.
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website 2024-07-10 Corresponding to 1446-01-04
Hyperlink to the Previous Announcement Click Here
Change on the Development Attach Audit Committee Charter before and after the amendment and the Nominations and Remuneration Committee Charter before and after the amendment in Arabic and English.
Financial Impact on the change N/A

Tadawul-

Element List Explanation
Announcement Detail Referring to the Extraordinary General Assembly meeting held on Monday 12/11/1445H corresponding to 20/05/2024G, in which the members of the Board of Directors of Amlak International were elected for new term of three years starts on 04/06/2024G and ends on 03/06/2027G,
As the elected Board of Directors decided, during its meeting held on 29/11/1445H corresponding to 06/06/2024G, to appoint the Chairman, Vice- Chairman of the Board of Directors, and the appointment of Managing Director subject to obtain the Saudi Central Bank (SAMA) Non-Objection, and appointment of the Secretary of the Board for the new term

As SAMA Non-Objection has been obtained on 05/01/1446H corresponding to 11/07/2024G, Amlak International Finance Co. announces that the elected Board of Directors has approved the following:

First: Appointment of Mr. Abdullah bin Ibrahim Al Howaish (non-executive member) as Chairman of the Board.

Second: Appointment of Mr. Amr bin Mohammed Kamel (independent member) as Vice Chairman of the Board.

Third: Appointment Mr. Abdullah bin Turki Al Sudairy (Executive) as Managing Director.

Also, the Board of Directors has appointed the secretary of the Board of Directors as well as the representatives of Amlak International Finance Co. before the Capital Market Authority (CMA) and the Saudi Stock Exchange (Tadawul).

Tadawul-

Element List Explanation
Introduction Saudi Enaya Cooperative Insurance Company announces that it has received a confirmation for providing health insurance coverage to Dr.Soliman Fakeeh hospital company to provide health insurance for their employees and families for one year starting on 14 July 2024.
Date of Announcement of the Award 2024-07-12 Corresponding to 1446-01-06
Contract Subject Matter Provide health insurance for their employees and families for one year starting on 14 July 2024.
The Entity with Which the Contract was Signed Dr. Soliman Fakeeh hospital Company
Date of Signing the Contract 2024-07-12 Corresponding to 1446-01-06
Contract Value Contract value exceeds 5% of total revenue as per latest audited financial statements for the year 2023.
Contract Details Saudi Enaya Cooperative Insurance Company announces that it received on Friday 12 Jul 2024 a confirmation from Dr.Soliman Fakeeh Hospital Company to provide insurance coverage starting from 14 Jul 2024
Contract Duration One Year starting from 14 Jul 2024
Financial Impact and the Relevant Period The contract is expected to have a positive impact on the company's financial results for 2024.
Related Parties There are no related parties.
Additional Information The company confirms that the agreement was made in the ordinary course of business and did not grant any preferential benefits.

In implementation of Article (20) of the Listing Rules, EGX announces receiving a listing request on 14/07/2024, to list the shares of Al-Ahly Group For Modern Agricultural Company, in the Egyptian Securities Schedule - Shares (Main Market), where the documents are being fulfilled to be presented to the listing committee, as follows:
The total value of the issued capital to be listed: EGP 150 million
Number of shares: 1,500,000,000 shares
par value: EGP 0.10
The announcement shall be published for a period of five working days from its date.

SPA-


The Egyptian Stock Exchange(EGX) indices recorded a collective decline at the close of trading today, and the market capitalization of the shares of companies listed on the stock exchange lost about EGP 8 billion at the end of trading to reach EGP 1.902 trillion, amid total transactions amounting to about EGP 11.2 billion.
The main market index (EGX 30) decreased by 0.87% to reach 28042.06 points, and the small and medium-sized stocks index (EGX 70) decreased by 0.43% to record 6251.5 points, and the broader (EGX 100) index decreased by about 0.55% to reach 9045.85 points.

SPA-

Muscat Stock Exchange Index "30" closed today at 4699.99 points, down 0.2 points and 0.01 percent compared to the last trading session which reached 4700.24 points.
The trading value amounted to 1,151,935 Omani riyals, down 1.4 percent compared to the last trading session which reached 1,168,581 Omani riyals.

Company Name : Sharkia National Food
ISIN Code : EGS30291C016
Reuters Code : SNFC.CA
Content :
The company sent its Disclosure Form for the BoD & the shareholders' structure for the period ended 30/06/2024 according to Article 30 of the Listing Rules.

The Disclosure Form (3,977 KB)

Company Name : Juhayna Food Industries
ISIN Code : EGS30901C010
Reuters Code : JUFO.CA
Content :
The company sent its Disclosure Form for the BoD & the shareholders' structure for the period ended 30/06/2024 according to Article 30 of the Listing Rules.

The Disclosure Form in Arabic (1,992 KB)
The Disclosure Form in English (1,866 KB)

(QNA) -


The Qatar Stock Exchange index closed Sunday's trading session with a slight decrease of 5.32 points, or 0.05 percent, settling at 10,171.95 points.
During the session, 154,042,414 shares were traded, amounting to a value of QR 311,596,719.254, through the execution of 11,916 transactions across all sectors.
Shares of 24 companies rose, while 25 companies saw their shares decline, and three companies maintained their previous closing prices.
At the end of the trading session, the market capitalization stood at QR 589,592,394,661.090, compared to QR 588,773,721,610 in the previous session.

Ahram Online-


Prime Minister Mostafa Madbouly said on Sunday that the newly signed free trade agreement between Egypt and Serbia will multiply the trade volume between the two nations over the next five years.

Speaking at the opening of the Egyptian-Serbian Businessmen Forum in Cairo, Madbouly said both countries can help each other access new markets in Europe and Africa.

PM Madbouly noted that Serbia, one of the Western Balkans countries, serves as a strategic gateway for Egypt’s goods to access this wider regional market, and Egypt serves as a gateway for Serbian products to enter Africa.

He added that the trade agreement is a first step towards bolstering relations between business communities in both countries.

The free trade agreement is one of several deals signed on Saturday between Egyptian President Abdel-Fattah El-Sisi and his Serbian counterpart Aleksandar Vučić, whose current visit to Cairo marks 116 years of diplomatic relations between the two nations.

Madbouly said the Egyptian-Serbian Business Forum represents a new era of economic relations between both countries.

The forum aims to encourage mutual visits, enhance economic cooperation at the local and regional levels, and open communication channels between the Egyptian and Serbian chambers of commerce at the governorate level, Madbouly explained.

Furthermore, he urged businessmen from both sides to focus on cooperation areas that help achieve the interests of both countries in the agricultural, telecommunications, IT, infrastructure and housing, and tourism sectors.

He also noted that Egypt looks forward to attracting more tourists from Serbia.

The Serbian president was among the Serbian delegation attending the forum activities.

President Vučić's visit to Cairo on Sunday is the first by a Serbian head of state to Egypt since Boris Tadić visited the Egyptian capital in April 2009.

"Alongside the deep historical relations between Egypt and Serbia, we look forward to building on the current momentum in bilateral relations across all levels to initiate a new phase of cooperation," Vučić' said in a joint meeting with Madbouly following the forum.

According to a statement by the Egyptian cabinet, he affirmed his country's commitment to increasing cooperation levels with Cairo, particularly in enhancing bilateral trade and Serbian investments in Egypt.

"We have many issues to work on together in the upcoming period," the Serbian president emphasized, commending the vast potential of the Egyptian market, especially its large population which can yield significant gains for any investor interested in Egypt.

Moreover, he praised the political leadership and government efforts in maintaining stability in Egypt amid significant regional disturbances, despite Egypt hosting millions of migrants and refugees from various countries.

Noticeable trade growth

The Egyptian exports to Serbia recorded $30 million in 2023, compared to $10.8 million in 2022, an increase of 177 percent, according to Egypt’s Central Agency for Public Mobilization and Statistics.

Egypt’s imports from Serbia decreased by 3.7 percent in 2023 to $90.4 million, compared to $93.9 million in 2022.

Trade exchange between Egypt and Serbia reached $120.4 million in 2023, compared to $104.7 million in 2022, an increase of 15 percent.

Egypt's most important exports to Serbia in 2023 were vegetables and fruits worth $5.7 million, fertilizers worth $18.5 million, and plastics and their products worth $2.6 million.

On the other hand, Serbia's exports to Egypt included tobacco worth $75.6 million; grains worth $2 million; machines, electrical appliances, and their parts worth $3.1 million; mechanical devices and tools worth $2.7 million; and rubber and its products worth $1.3 million.

Serbian investments in Egypt recorded $173,000 during the fiscal year 2022/2023, compared to $126,0000 during the fiscal year 2021/2022, an increase of 37.3 percent.

Company Name : Alexandria Pharmaceuticals
ISIN Code : EGS38341C011
Reuters Code : AXPH.CA
Content :
The Board of Directors' decisions held on 13/07/2024.

The BoD's Decisions (2,232 KB)

AL-MAL-

Morgan Stanley, one of the largest banking institutions in the United States and the world, expects the Central Bank of Egypt(CBE) to keep interest rates unchanged for the remainder of 2024. However, it is likely to start cutting interest rates early in 2025, starting in February, as inflationary pressures ease and economic growth is stimulated, according to the report.
The report said that the Central Bank of Egypt’s continued shift to foreign exchange flexibility and inflation targeting under the IMF program, as well as increased foreign participation in local currency assets, support Morgan Stanley’s view of keeping interest rates tighter for longer.

Ahram Online-


The European Union (EU) is likely to disburse the first tranche of its 7.4 billion euros financing package to Egypt, worth one billion euros, by next fall (in September or October), head of the EU delegation in Egypt Ambassador Christian Berger told MENA news agency on Saturday.

Egypt and the EU signed the agreement of this tranche during the Egypt-EU Investment Conference hosted by Egypt on 29-30 June.

This package comes under the Strategic and Comprehensive Partnership between the two sides launched in March.

The one billion euros are included in a financing package consisting of three main elements: a small financial support valued at one billion euros (already signed); five billion euros in the form of favourable loans, part of the EU's full financial support amounting to 7.4 billion euros within the framework of a strategic and conclusive cooperation; and around 600 million euros for projects in multiple sectors including transport and migration, Berger stated.

He also noted that the EU is discussing another memorandum of understanding (MoU) worth four billion euros, the biggest MoU in 2025-2027.

Berger added that five-million financing packages were used as financial guarantee packages for the private sector.

Moreover, the Egypt-EU conference witnessed the signing of MoUs and deals worth 67.7 billion euros.

These MoUs were designed to help support the Egyptian economy amid the turbulent regional state, marking a new era of cooperation between Egypt and the EU.

Furthermore, the African Export-Import Bank (Afreximbank) is currently studying the provision of new financing for Egypt worth $3.2 billion. It includes renewal of existing facilities to allow the volume of its facilities to banks and corporations to reach $5 billion by the end of 2024, Executive Vice President Haytham ElMaayergi told Asharq Business with Bloomberg.

ElMaayergi also said the total value of the bank's facilities provided to Egyptian banks in the last three years has reached $12.8 billion, $9.5 billion of which is given to the banking sector.

According to the letter received from the MCDR on 2024/07/10 by the periodical partial redemption (installment no. 12) for the listed bonds of Capital For Securitization The Sixth Issue Tranche C December 2025. The total listed value of the bonds after the partial redemption becomes EGP 451,650,000 distributed over 8,800,000 bonds at a par value of EGP 51.32386. These modifications will be applied to EGX database effective 2024/07/15 trading session. This bond tranche has been locally rated by MERIS as (A)، at a variable annual Return rate equal to the Lending & Discount Rate announced by the Central Bank +Margin 0.60% to be paid monthly.

Today, Sunday, July 14, 2024, Dr. Sherif Farouk, Minister of Supply and Internal Trade, received Mr. Ahmed El Sheikh, Chairman of the Egyptian Stock Exchange(EGX), at the Ministry's headquarters in the Administrative Capital, where Mr. Ahmed El Sheikh congratulated Dr. Sherif Farouk on the political leadership's confidence in choosing him as Minister of Supply and Internal Trade. They also discussed ways of joint cooperation between the two parties.

The meeting witnessed the discussion of a number of axes, the most important of which is the development of Egyptian Mercantile Exchange(EMX) and activating trading by activating the forces of supply and demand and studying increasing the number of commodities listed in it, in addition to expanding the membership base and activating the role of the private sector in it. The two parties also agreed on the importance of dealing in accordance with market mechanisms in a way that achieves the highest degree of transparency. The two parties also discussed benefiting from the accumulated experiences of EGX in managing the market and also how to benefit from the experiences of the existing commodity exchanges around the world and benefit from their experiences. The two parties also discussed studying the possibility of adding trading in future contracts for commodities traded in the current market.

This comes within the framework of the important role played by EMX, as it represents a major addition to the economic system, as it works to increase transparency, regulate the relationship between the seller and the buyer, and reduce the number of intermediaries in the commercial process to overcome price variables.

Company Name : National Drilling
ISIN Code : EGS735N2C012
Reuters Code : NDRL.CA.
Content :
The company sent its Disclosure Form for the BoD & the shareholders' structure for the period ended 30/06/2024 according to Article 30 of the Listing Rules

The Disclosure Form (726 KB)

According to the letter received from the MCDR on 2024/07/10 by the periodical partial redemption (installment no. 2) for the listed bonds of EFG Securitization The First Issuance - Fifth Program Tranche B June 2026 Fixed Return. The total listed value of the bonds after the partial redemption becomes EGP 415,583,000 distributed over 4,767,050 bonds at a par value of EGP 87.17823. These modifications will be applied to EGX database effective 2024/07/15 trading session. This bond tranche has been locally rated by MERIS as (A)، at a fixed annual return rate of 20.10% to be paid after 3 months for the first coupon then will be paid monthly.

(QNA) -


The Qatar Financial Markets Authority (QFMA) issued new controls on Sunday for a company's buyback of its own shares with the intention of selling.
In a statement, QFMA stated that these new controls fall within the framework of the QFMA's endeavors to develop the Qatari capital market and bolster investor confidence, affirming its commitment to protecting the rights of investors and ensuring a fair and transparent investment environment.
QFMA has determined the controls and conditions under which the company is permitted to buy back its shares for subsequent sale, upon approval, emphasizing that these new controls will contribute to fostering corporate governance and the efficiency of the Qatari capital market.
Interested individuals can refer to these controls and obtain more information by visiting the QFMA's website at www.qfma.org.qa.

Company Name : El Arabia for Land Reclamation
ISIN Code : EGS65771C015
Reuters Code : EALR.CA
Content :
The company sent its Disclosure Form for the BoD & the shareholders' structure for the period ended 30/06/2024according to Article 30 of the Listing Rules.

The Disclosure Form (1,479 KB)

  

(QNA) -


Kuwait Bourse closed Sunday trading as the All Share Index gained 28.28 points to reach 7,126.03 points, an increase of 0.40 percent.
As many as 232.4 million shares valued at KWD 53.8 million (roughly USD 164.09 million) were traded via 10,990 transactions.
The Main Market Index went up by 1.66 points to reach 5,924.97 points, an increase of 0.03 percent, through 93.2 million shares done via 4,901 transactions valued at KWD 10 million (roughly USD 30.5 million).
The Premier Market Index went up by 36.70 points to reach 7,788.56, an increase of 0.47 percent through 139.16 million shares done via 6,089 transactions valued at KWD 43.8 million (roughly USD 133.5 million).
Meanwhile, the bourse Main 50 Index gained 18.63 points to reach 5,722.94 points, an increase of 0.33 percent, through stock volume of 56.7 million shares done in 3,272 deals at a value of KWD 7.11 million (roughly USD 21.6 million).

Company Name : Northern Upper Egypt Development & Agricultural Production
ISIN Code : EGS52041C018
Reuters Code : NEDA.CA
Content :
The company sent its Disclosure Form for the BoD & the shareholders' structure for the period ended 30/06/2024 according to Article 30 of the Listing Rules.

The Disclosure Form (2,757 KB)

The average daily trading volume for the period 08/07 – 11/07 reached JD (4.3) million compared to JD (3.6) million for the last week, a increase of (19.8%). The total trading volume during the week reached JD(17.1) million compared to JD (17.8) million during the last week. Trading a total of (15.5) million shares through (9534) transactions.

Financial led the trading with JD(7.25) million or (42.48%) of the total trading volume. The Services followed with a JD(7.11) million or (41.67%). Finally, the Industrial with a JD(2.71) million representing(15.85%) of the total trading volume.

The shares price index closed at (2427.0) points, compared to (2406.1) points for the last week, an increase of (0.87%). The Financial index increased by (0.15%), the Services index increased by (1.94%), and the Industrial index increased by (1.38%).

The shares of (114) companies were traded, the shares prices of (41) companies rose, and the shares prices of (41) declined.

The top five gainers during the week were, the Al-quds Ready Mix by (13.64%), Injaz For Development & Projects by (11.43%), National Aluminium Industrial by (10.96%), Century Investment Group by (10.00%), and National Portfolio Securities by (9.68%).

The top five losers were, the Ihdathiat Co-ordinates by (12.50%), Jordan International Investment Co. by (9.30%), Comprehensive Leasing Company Plc by (7.94%), Union Tobacco & Cigarette Industries by (6.06%), and Specialized Trading & Investment by (5.98%).

Trading value for Sunday 14/07/2024 reached JD(4.4) million. (4.1) million shares were traded through (2,785).

The shares price index closed at (2426.01) point, a decrease of (0.04%).

The shares of (95) companies were traded, the shares prices of (26) companies rose, and the shares prices of (36) declined.

At the sector level, the Industrial index increased by 0.57%, the Services index decreased by 0.27%, and the Financial index decreased by 0.09%.

As for sub sector indices, the Tobacco and Cigarettes, Mining and Extraction Industries, Pharmaceutical and Medical Industries, Textiles, Leathers and Clothings, Educational Services, Commercial Services, Insurance, Diversified Financial Services sectors increased by 3.23%, 0.70%, 0.58%, 0.50%, 0.43%, 0.32%, 0.10%, 0.08% respectively. While the Hotels and Tourism, Health Care Services, Technology and Communication, Utilities and Energy, Transportation, Chemical Industries, Banks, Food and Beverages, Engineering and Construction, Real Estate sectors decreased by 1.76%, 0.90%, 0.61%, 0.25%, 0.21%, 0.12%, 0.11%, 0.09%, 0.05%, 0.03% respectively.

The top five gainers were, the Northern Cement Co. by (6.80%), Union Investment Corporation by (5.88%), Petra Education Company by (5.00%), Jordan French Insurance by (4.92%), and Bindar Trading & Investment Co . P.l.c by (4.64%).

The top five losers were, Al-quds Ready Mix by (6.40%), Zara Investement Holding by (4.65%), Century Investment Group by (4.55%), Jordan International Investment Co. by (3.85%), and Kafa`a For Financial & Economical Investments (p.l.c) by (3.77%).

(QNA) -


Qatar Stock Exchange (QSE) index lost 18.05 points, or 0.18%, at the beginning of Sunday's trading session, and thus falling to 10,159 points, compared to last Thursday's closing.

Qatar Stock Exchange figures at the beginning of trading showed an increase in performance for the Real Estate and Telecoms by 0.16%, and for the Insurance by 0.10%. Meanwhile, the performance of Consumer Goods and Services remained unchanged at 0.00%. On the other hand, there was negative performance for the Banking and Financial Services by 0.05%, the Transportation by 0.17% and the Industrial by 0.26%.

At 10:00 AM, Qatar Stock Exchange recorded 2,399 transactions worth QR 56.315 millions, distributed over 38.993 million shares.

Egyptian Gazette-


Proceedings of the Egyptian-Serbian businessmen council kicked off on Sunday in the presence of Prime Minister Moustafa Madbouli and President of Serbia Aleksandar Vučić.

A number of Egyptian and Serbian businessmen also took part in proceedings.

President Abdel Fattah El Sisi and his Serbian counterpart attended on Saturday the signing of a large number of economic co-operation agreements between the two countries.

Ahmed el-Wakil, President of the General Federation of Egyptian Chamber of Commerce, said that Egypt is characterized by huge opportunities at all levels due to the economic and political stability it enjoys.

He said the Egyptian people believe that free trade and the private sector are the way for progress and stability.

Egypt changed its laws to stimulate its economy, attract more investments and create more job opportunities, said Wakil.

He also said that Egypt launched a package of projects including some in the new Suez Canal corridor, in addition to land reclaimation projects.

He said Egypt’s population exceeded 100 million a matter that turned it into a big market in the region, pointing out Egypt’s location is unique which makes its an important crossroad for world trade.

Company Name : Concrete Fashion Group For Commercial& Industrial Investment
ISIN Code : EGS672I2C014
Reuters Code : CFGH.CA
Content :
The company sent its Disclosure Form for the BoD & the shareholders' structure for the period ended 30/06/2024 according to Article 30 of the Listing Rules

The Disclosure Form in English (237 KB)

(QNA) -


The first meeting of the Joint Working Group on Trade between the State of Qatar and the friendly Republic of India was held in Doha, with the participation of several competent authorities in the state. The meeting aimed to enhance and strengthen trade and economic relations between the two countries.
In a statement, the Ministry of Commerce and Industry affirmed that the meeting, which was recently held in Doha, discussed opportunities for cooperation to strengthen trade and economic relations in vital sectors such as industry, pharmaceuticals, healthcare, agriculture, and food security.
Besides, the meeting discussed mechanisms to enable the private sector to benefit from promising investment opportunities in both countries were also explored by strengthening partnerships between the business sectors and increasing the volume of trade exchange between the two sides.
The Republic of India is the second largest trading partner of the State of Qatar, with total bilateral trade reaching $13.5 billion last year. More than 20,000 Indian companies operate in Qatar, comprising a mix of fully owned and joint venture companies between Qatar and India.
A joint working team in the field of trade has been established between both sides to discuss key trade issues, explore economic and technical cooperation opportunities, and enhance, facilitate, expand, and diversify trade between the two countries at the regional level.
The joint trade working team will play a vital role in swiftly resolving bilateral issues by removing trade barriers, simplifying customs procedures, and improving infrastructure, logistics services, and transit facilities to facilitate smoother cross-border trade.

Insider Trading Executions: Trading Session 10/ 7 /2024
Company Name: Fitness Prime
Position: Related Parties
Transaction: sell
Number of Shares: 330000