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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...
Michael Lane, revealed the 10 reasons why a business should migrate to the UAE at the eighth international B2B conference, InvestPro UAE Dubai 2021.

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...

Dubai World Trade Centre to Become Comprehensive Zone and Regulator for...

As a part of Dubai government efforts to create new economic sectors, it was announced today that the Dubai World Trade Centre (DWTC) will...

New DFM Trading Hours Announced from Monday to Friday

Dubai Financial Market (DFM) today announced its new trading hours that will come into effect as of Monday, 3rd of January 2022, with a...

Dubai Mercantile Exchange celebrates third anniversary

Daily trading up 130% since 2008 with new contracts planned for 2010 The Dubai Mercantile Exchange Limited (DME) marked its third anniversary...

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,...

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...

Kuwait Stock Exchange suspended trading until November 17

The Kuwait Stock Exchange suspended trading after a court ordered its closure to protect investors from further losses, reported Bloomberg.com. The bourse's main...

UAE Among World’s Top Markets with Highest Trust

CFA Institute, the global association of investment professionals, recently published Enhancing Investors’ Trust – the 2022 CFA Institute Investor Trust Study, the fifth in...
Union Coop Hypermarket Entrance

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...

Bitcoin Crosses $41,000 Mark – Industry Reacts

Today, Bitcoin has surged past the $40,000 milestone and is currently experiencing accelerated upward momentum. This $40,000 price level might serve as the new...

FAB Shareholders Approve Distribution of 74% Cash Dividends

All agenda items approved by shareholders, including distribution of cash dividend of 74 fils per share  New elected FAB board expands from 9...

DFM, Nasdaq Dubai To Launch Futures on DFM General Index

Dubai Financial Market (DFM) and Nasdaq Dubai have signed a licence agreement under which futures contracts linked with the DFM General Index (DFMGI) will...

BofA Merrill Lynch Fund Manager Survey Finds Renewed Risk Appetite...

Investors are channeling most of their renewed risk appetite into global emerging market equities (GEM) in the wake of an expected second wave of...

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...

DFM Plans to Launch Equity Derivatives Platform

Dubai Financial Market, DFM, today announced that it has reached the final stages of preparations to launch an equity derivatives platform (DFM Derivatives Platform),...

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...

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...