UAE markets should follow Saudi shares rebound
//
Saudi Arabia's index made its largest gain in more than two years today, after the country's finance minister sought to reassure nervous investors.
The...
DGCX February volumes rise 17 % year-on-year to reach 210,330 contracts
February volumes on the Dubai Gold and Commodities Exchange (DGCX) grew 17 % year-on-year to reach 210,330 contracts, valued at $10.07 billion. Year-to-date volume...
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...
A wake-up call to UAE exchanges
A wave of mega-mergers between the world's major stock exchanges might persuade policymakers in the United Arab Emirates to push ahead with consolidation of...
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...
UAE’s Financial Markets to remain closed on Thursday
The Financial Markets in the country will remain closed on Thursday on account of "Al-Mawlid Al-Nabawi", Prophet Mohammed (PBUH) Birthday, the Emirates Securities and...
Dubai Mercantile Exchange sets new trading record in January 2011
Momentum built during 2010 continues in the new year
The Dubai Mercantile Exchange Limited (DME) announced today that it set new trading records during the...
DFM ready to introduce ‘Delivery versus Payment’
Dubai Financial Market (DFM) has announced its full readiness to introduce the new settlement mechanism “Delivery versus Payment†(DvP) by the end of fisrt...
MENA Weekly Markets Overview
The political turmoil is Egypt has escalated despite measures being taken by the President. Global Investment House of Kuwait expects regional markets to react...
DFM benchmark slides 0.32%
Dubai Financial Market General Index (DFMGI) extended its losing streak for the third straight day. It inched down 0.32% with a loss of approx....
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...
Goldman Sachs finalizes ADX-DFM merger study
Goldman Sachs has completed a study on the merger of Dubai Financial market (DFM) and Abu Dhabi Securities Exchange (ADX), Al Bayan newspaper reported.
The...
Emirates Securities Market Report for the Trading Session of Thursday 06...
The Emirates Securities Market Index has increased by 0.29% to close at 2,695.34 points. Accordingly the Market Capitalization has gained 1.14 Billion AED attaining...
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...
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...
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...
Capital markets to close from 2 December for national day
In line with the circular issued by the Federal Authority for Government Human Resources regarding the public holidays on the occasion of the 39th...
Top Middle East Markets Are Poised for Take Off
The United Arab Emirates (UAE), Saudi Arabia and Qatar are the three most dynamic markets in the Middle East, according to a new report...