Trading Activity in Regional Markets to be Influenced by Global Equities
Global equities closed on a positive note for the second consecutive week as investors turned optimistic about the progress made in the US-China trade...
SCA publishes mutual fund and investment management draft regulations
The Emirates Securities and Commodities Authority (SCA) has announced that it has posted on its website (www.sca.ae) draft regulations on mutual funds and investment...
Markets likely to perform on the upside
Saudi shares climbed for a third day on Saturday, led by petrochemical companies and banks, after U.S. stocks posted the biggest weekly rally in...
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...
Oil Producing Countries Bullish on Oil Price
Traders said Japan would continue to be closely watched by financial markets at least for the next few days, because of Japan's nuclear emergency...
UAE financial markets to close on Thursday
Securities and Commodities Authority(SCA) has announced that the financial markets nationwide will close on Thursday, Nov. 15, and resume transactions on Sunday, Nov. 18,...
Emaar’s new US$ 1 billion financing facility – Testament to financial...
Emaar Properties PJSC has signed a new Islamic and Conventional financing facility amounting to AED 3.6 billion (approx. US$ 1 billion) with Dubai Islamic Bank PJSC, National Bank of Abu Dhabi and Standard Chartered Bank as Mandated Lead Arrangers and Bookrunners.
Equity markets expected to be influenced by more earnings announcements
Global equity markets performed positively during the week on the back of upbeat Q2 2019 earnings and better than expected GDP growth during the...
Global Investment Roundup
Dow Chemical Posts Steep Loss; Motorola Suspends Dividend, Lowers Forecast; Bank of Japan Buying Local Bank Shares; Automakers Suffer Through Worst Month Since 1982;...
Dubai shares slump to 7-year low
Dubai’s benchmark index fell to the lowest in almost seven years, as concern political unrest may spread to Saudi Arabia, the Arab world’s largest...
Dubai Mercantile Exchange achieves new records in open interest and physical...
The Dubai Mercantile Exchange (DME) announced today that two new trading records were set in July 2010 as the exchange entered its fourth year...
Nasdaq Dubai unveils new rules for IPOs and listed firms
Exchange operator Nasdaq Dubai on Tuesday unveiled new rules for initial public offerings and reporting requirements for listed firms as it seeks to boost...
BFX Welcomes Italian Ambassador
The Bahrain Financial Exchange (BFX), the first multi-asset exchange in the Middle East and North Africa (MENA) region, yesterday welcomed His...
Dubai Financial Market Returns to Profit in 2012
Dubai Financial Market (DFM) returned to the black in 2012 due to the constant improvement in the performance of the banking sector and recovery...
Retaliatory tariffs by US, China to dominate trading activity across markets
Global equity markets were mostly positive during the week, making a sharp retreat towards the end of the week. Markets on Friday were negatively...
Gulf markets expected to advance during the week
Analysts expect positive week for the Gulf markets, after the Ministerial Council of the Gulf Cooperation Council for the Arab Gulf States decided at...
DFM still sparkling
Dubai Financial Market General Index (DFMGI) maintained its winning streak for the fourth session in a row, pulling ahead 0.63%, or 9.98 points, to...
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...