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Dubai plans a US $1.8 billion bond issue

On Monday, the finance chief of Dubai announced plans of the government to issue a bond to refinance part of its debt maturing in...

Leading Dubai-based conglomerate to launch an IPO

Dubai-based conglomerate Al Habtoor Group is considering to launch an IPO (initial public offering) in Dubai given strengthening equity markets, the company said in a...

Dubai Gold and Commodities Exchange names Non-Executive Director

Abdul Wahid Al Ulama named Non-Executive Director of DGCX The Dubai Gold and Commodities Exchange (DGCX) today announced the appointment of Abdul Wahid Al Ulama...

NASDAQ Dubai amends business rules rulebooks

NASDAQ Dubai members and market participants are hereby notified that the DFSA has granted approval of amendments to the NASDAQ Dubai Business Rules, Rulebook...

UAE’s financial markets to close for Eid Al Fitr holiday

The Eid Al Fitr holiday for the financial markets will start on Friday, August 17 ( corresponding to 29 Ramadan) and will run until...

Fundamental Analysis vs. Technical Analysis

A lot of people are now trying to accumulate more wealth through forex and stock trading. If you are planning to make money in...

Dollar gains as central banks stay put

The U.S. dollar rose against major currencies in late New York trading this week, while central banks' decisions to keep monetary policy unchanged disappointed...

DFM Company net profit surges 140% during the first half of...

Dubai Financial Market Company (PJSC) announced its financial results for the first half of the year ending June 30th 2012, recording a net profit...

DGCX launches Middle East’s First Derivatives Trading Academy

Exchange seeks to extend benefits of derivatives trading to wider business community DGCX Academy to offer broad range of educational programmes Dubai Gold and Commodities Exchange...

DGCX Gold Futures Rise 111%

Exchange Sets Fourth Consecutive Monthly Volumes Record in June Exchange registers 889,131 contracts in June, valued at $32.92 billion, a growth of 231% from June...

Dubai Gold and Commodities Exchange plans derivatives trading

Dubai DGCX plans to offer Sensex Futures "very soon" As part of its expansion plans, the Dubai Gold and Commodities Exchange, DGCX, plans to...

DGCX to enhance its trading and clearing platform

New platform to provide superior transaction speed, increased reliability and scalability Enhancements designed to attract new institutional, retail and high frequency traders Platform scheduled to go...

Know your ETF risk

ETFs are designed to track indexes, sectors, or a basket of assets such as commodities, stocks, or bonds. ETF fund managers deploy strategies to...

Correlation between UAE’s and global equity markets remains positive

Average correlation of  Abu Dhabi and Dubai markets with the global markets remains positive during the years of a financial downturn. The UAE equity markets...

Economic uncertainties fade, data drives global markets

Investors seek a haven from Europe's debt crisis and the prospect of weakening currencies Euro strengthens to two-week high after Spain seeks bailout fund The...

Dubai Gold and Commodities Exchange extends trading hours

Exchange will open 30 minutes before Indian exchange traded currency derivatives markets DGCX participants will have 30 minutes of trading time overlap with the Asian...

Uncertainty drives US Dollar higher

Situation in the US remains relatively better than the European Markets continue to show deep concerns over a potential shock from Greece exiting the Euro...

Gold, Rupee trading drives DGCX daily volumes record

Exchange trades 51,943 contracts on May 16, valued at US $ 1.98 billion Driven by an increase in Indian Rupee and Gold futures trading, the...