Borse Dubai sells Nasdaq OMX shares
Borse Dubai Ltd., the company that controls Dubai’s two stock exchanges and has a stake in London Stock Exchange, sold shares in Nasdaq OMX...
Gallo Says European Bank Woes May Be `Lehman Times Ten’
Stephen Gallo, head of market analysis at Schneider Foreign Exchange, talks with Bloomberg's Andrea Catherwood about the risk of weaknesses in the Spanish banking...
BofA Merrill Lynch Fund Manager Survey Finds Renewed Risk Appetite...
Investors are channeling most of their renewed risk appetite into global emerging market equities (GEM) in the wake of an expected second wave of...
Dubai Holding drops Standard & Poor’s as its rating agency
Dubai Holding Commercial Operations Group LLC on Monday dropped Standard & Poor's as its rating company because of a "lack of understanding of the...
Stocks of great quality are trading at ridiculously low prices
Believe it or not, the battered markets are creating amazing opportunities.
Right now, you can make back thousands of dollars - if you have the...
UAE ranked second top frontier market on Bloomberg Markets
According to the results of Bloomberg Markets’ first ranking of the most-promising emerging and frontier markets for investors, the United Arab Emirates ranked second...
DFM and Citibank sign custody agreement
Dubai Financial Market (DFM) today signed a Depository Participant Agreement (DPA) with Citibank. The agreement will enable Citibank to provide custody of DFM-listed securities...
DFM suspends trading in 8 foreign companies
Dubai Financial Market (DFM) announced that its UAE listed companies has showed a 100% compliance to disclose their quarterly results within the deadline of...
Regional markets positive in July; Trading to remain subdued
Global equity recorded one of the worst weekly performances of the year on the back of worries that escalating trade tensions and the rising...
Foreign investors purchased slightly bigger volume of stocks for second week...
Foreign investors purchase AED 490.9 million worth of shares on DFM during the last week, and sold AED 483 million
Value of shares bought by...
DFM turnover plunges to six-year low
Turnover on the Dubai Financial Market (DFM) fell 60 per cent in 2010, slumping to a six-year low, the company said in its annual...
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...
Interest in Bitcoin Halving Grows By 669%
The upcoming Bitcoin halving event continues to attract massive global interest based on queries logged on the search engine Google. Data compiled by Finbold.com...
Net foreign investment on DFM reaches AED 102.6m between 7-11 June
Dubai Financial Market (DFM) announced today that the value of stocks sold by foreign investors during last week (7-11 June) reached AED 2.845 billion...
SCA launches a new service for iPhone and iPad users
As part of its efforts to improve the e-services rendered to investors, dealers, partners and researchers, the Emirates Securities and Commodities Authority (SCA) announced...
UAE market regulator will launch draft rules on short-selling
The UAE market regulator SCA will launch draft rules on short-selling "very soon", as a latest step aimed at boosting dwindling trade and helping...
Social Affairs Ministry denies converting Arkan shares to social assistance recipients
The Ministry of Social Affairs denied today it has converted ownership of about 100 million shares of Arkan Building Materials Company to 10,000 recipients...
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...