Tag: Financial Markets
Global Financial Markets Jittery on Fed Being Behind The Curve
Global financial markets are in a state of “heightened anxiety”, with key indices experiencing significant declines and investor sentiment shifting rapidly.
This turbulence presents both...
Emaar’s H1 2024 Rally: Celebrating Achievements and Future Prospects
Emaar successfully completed its mid-year internal staff rally, presenting significant milestones and achievements.
Emaar Properties held its mid-year internal staff rally, a quarterly gathering where...
MAG Group Holding Records Over AED 12.6 Billion Sales in 2023
MAG Group Holding, the multinational conglomerate incorporating different companies across diverse sectors, announced the recording of AED 12.6 billion in sales for 2023 across...
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...
Aldar Reports AED4.4 Billion in 2023 in Net Profit Up 40%...
Aldar announced today that record development sales and expanded investment portfolio drive the company's 2023 net profit up 40% to AED4.4 billion, compared to...
Emaar’s Profit Increased by 70%; Property Sales Jump 15% to US$...
Emaar's property sales backlog reached AED 71.8 billion(US$ 19.5 billion), to be recognised as revenue in the coming years.
Emaar's EBITDA increased by 63% to...
Saudi Tadawul Group Acquires a Strategic Stake in Dubai Mercantile Exchange...
Saudi Tadawul Group will acquire a 32.6% stake in DME Holdings Limited, the parent company of Dubai Mercantile Exchange (DME), through the acquisition of...
Emirates NBD Launches New Digital Wealth Offering
Digital wealth offering enables customers to trade more than 11,000 global and regional equities and ETFs across 21 capital markets
Customers can digitally open an...
Emaar Net Profit Up 15% in H1, 2023
Emaar's property sales backlog reaches AED 62.8 billion (US$ 17.1 billion), set to boost future revenue.
Recurring revenue records growth of 11% in H1 2023,...
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...
Inflation, Growth Concerns Take Over GCC Stock Markets
Today's market analysis on behalf of Daniel Takieddine, CEO of MENA BDSwiss.
GCC stock markets were mostly decreasing following other international markets as investors’ concerns...
Investors Should ‘Buckle-up’ for Jittery Markets in September
Financial markets are going to get jittery in September amid concerns over the Delta variant, China’s regulatory attacks and shifting monetary policies, warns the...
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...
Global Sell-off Should be a Reality Check for Investors
Concerns about inflation that are rattling global stock markets should be used as a reality check for investors, says the CEO of one of...
Stock Markets Ignore Trump’s Second Impeachment
Stock markets are “shrugging-off” the second impeachment of Donald Trump, with the investor focus instead on the stimulus package.
The comments from Nigel Green, chief...
New Decree on Listing of Joint Stock Companies Encourages New IPO...
In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued...
Stock Market Bubble Fears Overblown, Micro-bubbles Are The Issue
Concerns over a large stock market bubble are currently overblown – it’s the micro-bubbles that could pose more imminent risks to investors, warns the...
Development in Global Markets to Weigh on Regional Equities
Global equity markets were broadly positive during the week, but the news flow was mixed with encouraging vaccines developments compared to renewed restrictions to...