MENA Equity markets on track for sustained growth
Sustained economic growth expected in GCC economies backed by high oil prices and government spending on infrastructure
Saudi Arabia GDP growth for 2011 upgraded while...
DFMGI rose 0.99%
Dubai Financial Market General Index (DFMGI) ended today’s session in the positive territory. It added as much as 0.99%, or 15.5 pts to 1578.08,...
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...
DFMGI ended in the negative territory
Dubai Financial Market General Index (DFMGI) ended in the negative territory for the second consecutive session.
It lost as much as 0.71%, or 11.35 points...
Swinging oil price and UAE stock markets
Saudi Arabian shares dropped the most in a week, snapping four days of gains, on concern that swinging oil prices will affect the economy...
DFMGI closed the week in the red
Dubai Financial Market General Index (DFMGI) closed out the week in the red, bucking a 2-session uptrend.
The gauge inched down 0.73%, or 11.69 pts,...
Regional stock markets to rebound by the end of May
Stock markets in the GCC have been impacted by the current regional civil unrest in the Arab world, with company valuations discounted compared...
MENA stock markets’ outlook still one of the sizable risk
In a sea of governmental change among many of the Arab countries in the Middle East and North Africa, stability and investment opportunities will...
DFMGI dropped 0.71%
Dubai Financial Market General Index (DFMGI) dropped 0.71%, or 11.5 points, to 1618.23, snapping yesterday’s uptrend.
The index hit session peak and low at 1631.57...
Dubai Financial Market performance during April 2011
Dubai Financial Market overall performance increased by 5% to reach 1634.1 points at the end of April compared to 1556 points at the end...
UAE bourses in uptrend
In an interview with Radio Mubasher, Hammam Al Shamaa, Economic Consultant at Al-Fajer Securities LLC said that the UAE stock markets would likely undergo...
DFM Index gained 97.4 pts in 7 sessions
Dubai Financial Market General Index (DFMGI) extended its rally to the seventh straight session, inching up 0.26%, or 4.32 points, to 1652.76. The benchmark...
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...
Emirates Securities Markets to implement DVP from April 28
The Emirates Securities and commodities Authority (SCA) has announced that stock markets in the UAE will start operating the Delivery Versus Payment (DVP) service...
UAE bourses in uptrend
The both UAE stock markets, both DFM and ADX, recently have been moving in an uptrend.
Profit taking or "correction" is normal in the course...
DFM Index plunges nearly 2.5%
Dubai Financial Market General Index (DFMGI) has slumped 2.47% till today’s mid-trading, with a loss of 38.27 points to 1474.32. Traders comment that this...
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...
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...