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...
DFM, ADX to close on Thursday
The Securities and Commodities Authority (SCA) has announced the financial markets nationwide will close on Thursday 30th June to mark the anniversary of Isra'a...
Dubai Mercantile Exchange sets new records in July
The Dubai Mercantile Exchange Limited (DME) announced today that it set two new trading records during the month of July 2011. The exchange not...
Dubai Gold and Commodities Exchange names Non-Executive Director
Abdul Wahid Al Ulama named Non-Executive Director of DGCX
The Dubai Gold and Commodities Exchange (DGCX) today announced the appointment of Abdul Wahid Al Ulama...
GCC markets ended 2015 in red zone due to volatile oil...
Trading activities fell due to negative sentiments over the region
Market capitalization declined 11.4%YoY in 2015
GCC markets close lower in 2015
GCC markets closed lower in...
Bitcoin 2x Better at Withstanding COVID-19 than S&P 500 and Oil
Bitcoin has been caught up in the Coronavirus market crisis with the asset’s price dropping by almost half as the global economy comes to...
Union Properties PJSC Profits Rose 483% in Q2 of 2021, Compared...
Total assets reached AED 6 Billion
Continuous positive performance for a 2nd Quarter in a row
Resolving the qualification of the external auditor
Union Properties...
Treat sovereign funds equally
Sovereign wealth funds should be treated like any other institutional investor and not have special rules imposed on them, Henry Azzam, head of Deutsche...
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...
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...
Lack of Catalysts Dominated Trading Activities across Regional Markets
Lack of catalysts coupled with the summer lull and the approaching Eid break dominated trading activities across the regional markets. Along with the end...
Dubai Investments Q2 profit falls 32 pct
Dubai Investments PJSC (“DIâ€), the largest investment company listed on the Dubai Financial Market, today announced its financial results for the six-month period ended...
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...
DGCX 2011 annual volumes rise 110%
Annual volumes for 2011 on the Dubai Gold and Commodities Exchange (DGCX) registered a substantial growth of 110% from 2010 to reach 4,044,138 contracts, the highest ever annual volumes achieved by the Exchange since inception.
Trading activity expected to be subdued during Ramadan
Global equity markets witnessed mixed performance during the week. The US economy is rebounding after a soft patch. The Fed has decided to keep...
Top 10 Reasons to Migrate a Business to the UAE
Leading local business law expert, Michael Lane, revealed the 10 reasons why a business should migrate to the UAE at the eighth international B2B...
UAE financial markets to remain closed on Sunday
UAE markets will remain closed next Sunday, January 4th, 2009, in observance of the official mourning announced today over the death of Sheikh Rashid...
Foreign investors purchase AED 699.3 mn worth of shares on DFM...
Dubai Financial Market announced that the value of shares bought by foreign investors, or non-UAE nationals, during last week (July 5 - July 7)...