Bitcoin’s April Trading Volume 7x Higher than Apple’s
Data acquired and calculated by Finbold indicates that bitcoin's trading volume of $1.84 trillion in April 2021 is at least 7.4 times higher compared 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...
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...
Equity Markets Continue Upward Trajectory on The Back of Improving Macroeconomic...
Global equities recorded a strong performance in the week on the back of better than expected economic data and improving trend in COVID-19 cases....
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...
Market Cap of Top Five Online Travel Companies Jumped by $54B...
The Covid-19 pandemic has hit the travel industry hard, including online travel agencies, whose revenues and reservations dipped to the lowest point in years...
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...
Equity Markets to Witness Increased Volatility due to Uncertainty over Economic...
Global equity markets closed higher during the week amid hopes of another relief stimulus deal from the Congress. The markets clearly ignored the uncertainties...
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...
Regional Investors to Follow Trends in Global Markets, Oil Prices
Global equities closed in negative territory with US stocks closing at a 6-week low, which was mainly driven by weakness in technology stocks and...
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...
DGCX Gold Futures Trading Volumes Increase
As the COVID-19 pandemic causes volatile swings in markets across the globe, investors are making increasing use of the Dubai Gold & Commodities Exchange...
DGCX Records Best Ever Month in its 14-Year History
The Dubai Gold and Commodities Exchange (DGCX) has registered its best ever month in its 14-year history, recording volumes of 2.382 million lots valued...
Coronavirus & Economic Crisis: 3 Possible Paths Forward
Volatility looks like a mainstay for the coming months. Analysts at the private investment bank JPMorgan Chase & Co. outline three paths forward from...
Progress on The Fight against COVID-19 to Drive Investors Sentiments
Global equity markets performed negatively during the week as a sharp decline in oil prices and Q1 2020 earnings weighed on investor sentiments. The...
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...
Foreign investors purchase AED 211 million worth of shares on DFM...
Value of shares bought by institutional investors reaches AED 88.9 million during last week, and value of shares sold reached AED 72.8 ...
Global Markets Volatility To Remain Elevated
The global equity markets witnessed mixed sentiments during the week, and were dominated by elevated levels of volatility on the back of unpredictable impact...