ADGM Launches Crypto Asset Regulatory Framework
The new ADGM crypto framework instils proper governance, oversight and transparency over crypto asset activities
Abu Dhabi Global Market (ADGM), the International Financial Centre in...
Regional Trading To Be Dominated By Global Market Sentiment
Global equity markets recorded one of the worst weekly losses in over a decade amid growing concerns that the coronavirus outbreak in China is...
Kuwait Stock Exchange to resume trading on Monday, 17th November
The court in Kuwait ruled today that the Kuwait Stock Exchange should resume trading on Monday.
On November 13, in unprecedental ruling the court ordered...
Middle East Finance Professionals Most Stressed Worldwide
Despite relatively steady economic growth, many financial professionals working in the Middle East still experience work-related stress. According to a survey conducted by eFinancialCareers,...
Coronavirus-triggered Market Correction Could Hit Complacent Investors
Investors remain complacent about an imminent Coronavirus-triggered market correction of up to 10 percent, warns the CEO of one of the world’s largest independent...
Main sea freight index up on increased demand for large vessels
Rosier times ahead of shipping stocks
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry commodities, rose for a third straight...
Investors to Rebalance Portfolios According to Changing Macroeconomic Environment Globally
Investors are expected to rebalance their portfolios to align it with the changing macroeconomic environment globally – Allied Investment Partners PJSC Market Report
Global equity...
Union Coop To List Shares on DFM
The Union Coop today announced its intention to list its shares on the Dubai Financial Market (DFM) on Monday, 18th of July 2022, as...
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...
Historical Evidence For Bitcoin Performing Like Digital Gold
In the first days after the outbreak of the coronavirus crises in the West, crypto plunged like traditional asset classes. Bitcoin was pronounced...
Dubai Financial Market in Final Stages of Launching New Trading Platform...
Dubai Financial Market (DFM) announced today that it's in the final stages of launching the new state of the art trading system "X- Stream",...
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....
DFMGI lost 1.16%
Dubai Financial Market General Index (DFMGI) ended in the negative territory for the fifth consecutive session. It lost as much as 1.16% (17.89 points)...
Regional Markets to Trade Sideways Short Term
US markets witnessed their month lows on Thursday and Friday as the new health care bill floundered and the Trump rally stumbled. Dow Jones...
Regional Investors Expected to Closely Monitor OPEC Meeting
Global equity markets staged a recovery during the previous week on the back of continued optimism over progress made towards Phase 1 trade deal...
UBS Investors Note: How To Respond To COVID-19 + Oil Crash
Markets sold off and the S&P 500 halted trading for 15 minutes after a 7% fall. Here's what investors should do.
What's happened?
Risk assets slumped...
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...
Nasdaq Dubai to list new products, funds in 2013
Hamed Ali, CEO of Nasdaq Dubai, expects a better year for the market in 2013 in terms of new listings and trading volumes, according...