Dubai Financial Market General Index up by 20.5 percent
The Dubai Financial Market General Index increased by 20.5 percent to 1730.4 points at the end of February compared to 1435.7 points at the...
DFM Launches Incentives for Private Businesses’ IPOs across Key Growth Sectors
Hamed Ali: “The program encompasses unprecedented incentives offered to companies planning to IPO in Dubai”
The program provides financial support to private companies for IPO...
MENA M&A Market at Its Lows during 3Q2015
The MENA M&A market maintained, in 3Q2015, the slow activity witnessed during the recent period, as it fails to redress from the current lows....
UAE stocks gain AED11.5 bn Monday
The UAE's two main bourses secured AED11.5 bn in gains Monday, the highest in months, driven by the realty and banking sectors.
Amidst high sentiments,...
UAE Stocks To Have 5% Decline Limit Effective Wednesday
The Securities and Commodities Authority (SCA) has imposed a 5 percent daily lower fluctuation limit for shares effective Wednesday, March 18th, and until further...
Global Recession Roundup
Credit crisis claims $1 trillion; Dollar falls hard; Gold and silver rally; Honda slashes profit outlook; Motorola cuts costs; Valeo cuts 5,000 jobs; Woolworths...
Foreign investors purchase Dhs475.3m worth of shares on DFM during the...
Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (2 - 6...
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...
First Mergers & Acquisitions Global Report Launched
Report’s key finding is that effective people management can drive value in M&A Transactions
Mercer, the global human resources consultancy, has developed and released it’s...
RAK Properties Takes Off Amid Stellar Financial Performance
Revenue for FY2023 soars to AED 1004.89 million, signalling a meteoric rise from the previous year's AED 408.22 million.
Property sales in 2023 reached AED...
GCC Markets Performance in March 2013
· All GCC markets, except the UAE, ended in the green
· Kuwait led the rally, with a 4.0%MoM gain, followed by Saudi Arabia
· Trading...
DGCX First Quarter Volumes Up 112%
Exchange trades 3,281,234 contracts in the first quarter
March volumes total 1,072,052, a 95% rise from 2012
Indian Rupee futures grows 104% year-on-year
March volumes on the...
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...
MSCI extends review for reclassification of UAE from frontier status
MSCI announced it will extend review for reclassification of the U.A.E. and Qatar from frontier status “in order to give additional time for market participants to assess the effectiveness” of the new payment systems in the exchanges.
UAE stock markets outperform world’s top bourses in January
Both UAE's financial markets - Dubai Financial Market and Abi Dhabi Securities Exchange - took the first ranking among global bourses in January 2013....
How Will a State-issued Cryptocurrency Affect Market?
The history of the cryptocurrency is a short, but eventful, one. It was in 2009 that Bitcoin first appeared on the scene, the brainchild...
DGCX Records Its Highest-Ever Daily Volume
The Dubai Gold and Commodities Exchange (DGCX), the region’s largest and most diversified derivatives bourse, recorded its highest ever daily volume on September 27,...
Rising Infection Rates May Slowdown Economic Activity
Global equity markets closed the week on a negative note as investors might have booked some profits after sharp rise in tech stocks. Nevertheless...