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Global index provider included UAE as a Secondary Emerging market

Global index provider, FTSE Group (”FTSE”) has completed its annual review of country classification for the FTSE Global Equity Index Series (GEIS) and releases...

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",...

Equities trading volumes on NASDAQ Dubai rose to 175 mn shares...

Equities trading volumes on NASDAQ Dubai rose to 175 million shares in August 2009, up 80% from 97 million reported in August 2008. The increase...

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)...

Net foreign investment on DFM reaches AED 102.6m between 7-11 June

Dubai Financial Market (DFM) announced today that the value of stocks sold by foreign investors during last week (7-11 June) reached AED 2.845 billion...

UAE quits Single Currency

And then there were four. As we reported on last week's programme, the UAE has pulled out of plans for a Gulf Single Currency....

Foreign investors purchase AED 1.803 bn worth of shares on DFM...

Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (May 24 - May...

Global Investments Roundup

Exxon profit spills 58%; Motorola posts loss, bleeding cash; FTSE 100 moves 8.1% in April; South Africa cuts interest rate to 8.5%; Flu scare...

DMCC to host international gold forum in Dubai

1.‘DMCC Gold Convention’ to be held on April 27 at Atlantis, The Palm 2. Gold commands attention with investment demand registering 27 per cent increase...

Foreign investors net DFM buyers by AED 16.29 mln

Non-Arab foreign investors bought shares at a net value of approx. AED 58.69 million on Dubai Financial Market (DFM) today, while their sell transactions...

Foreigners net DFM buyers by AED 5.08 mln

Non-Arab foreign investors bought shares at a net value of approx. AED 21.11 million, while their sell transactions reached about AED 20.02 million, according...

Global Markets Roundup

Bank of China posts 59% 4Q profit drop; Goldman plans to repay TARP money quickly; U.K. Inflation up 3.2% in February; Major Exchanges want...

Social Affairs Ministry denies converting Arkan shares to social assistance recipients

The Ministry of Social Affairs denied today it has converted ownership of about 100 million shares of Arkan Building Materials Company to 10,000 recipients...

UAE financial markets close for holiday on Sunday

The UAE financial markets will close on Sunday March 8 to mark the anniversary of Prophet Mohammed (PBUH) birthday, a statement issued today by...

DFM Weekly Roundup

Throughout the week, the Dubai Financial Market General Index increased by 6.12%, gaining a total of 92.38 points tto close at 1 601.24 points,...

Salam International Investment will be delisting their shares from the DFM

Salam International Investment Limited "SIIL" decided a voluntary delisting of its shares from the secondary market "Dubai Financial Market" (DFM), as of Sunday 15/03/2009. This...

Tabreed announces record results

National Central Cooling Company's 2008 Un-audited Preliminary Financial Results are its Strongest to Date National Central Cooling Company PJSC (TABREED), 'Tabreed' the Abu-Dhabi based...

Foreign investors purchase AED 947.5 million worth of shares on DFM...

Value of shares bought by institutional investors reaches AED 652.2 million during last week, and value of shares sold reached AED 409.7 million. Dubai Financial...