Fintech News: Plus500 Launches Dubai Index on UAE National Day
Plus500, a global multi-asset fintech group listed on the London Stock Exchange (LON: PLUS) and a constituent of the FTSE 250 Index, has launched...
Equity markets in emerging economies to experience significant growth in next...
Emerging market capitalization could account for half of the world total by 2020In under a decade, equity markets in the emerging world have flourished...
DGCX to List SENSEX Futures for Trading on July 5
The Dubai Gold and Commodities Exchange (DGCX) announced today that it will launch a futures contract based on SENSEX, the blue-chip stock index of...
Foreign investors purchase Dhs1.497bn worth of shares on Dubai Financial Market...
Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (11 - 15 April)...
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...
DFMGI lost 1.16%
Dubai Financial Market General Index (DFMGI) ended in the negative territory for the fifth consecutive session. It lost as much as 1.16% (17.89 points)...
SCA to issue new regulations to enhance stock markets
The 5th Annual Conference of the UAE Securities and Commodities Authority (ESCA) was held here in Dubai under the auspices of Engineer Sultan bin...
DFM Index gained 97.4 pts in 7 sessions
Dubai Financial Market General Index (DFMGI) extended its rally to the seventh straight session, inching up 0.26%, or 4.32 points, to 1652.76. The benchmark...
Real-time Automated Payments in DIFC
The Dubai International Financial Centre (DIFC) today announced that it has signed a Memorandum of Understanding (MoU) with the Central Bank of the...
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...
Dubai Financial Market records net profit of AED 8 Million in...
Dubai Financial Market (PJSC) today announced its results for the financial year ending 31st December 2011. The company recorded a net profit of AED...
Strong Oil Prices Expected to Have a Positive Effect on Trading...
For the second week in a row, tech companies powered US markets’ with APPLE’s stellar earnings driving the markets to another set of all-time...
Retaliatory tariffs by US, China to dominate trading activity across markets
Global equity markets were mostly positive during the week, making a sharp retreat towards the end of the week. Markets on Friday were negatively...
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...
Equities set for a bear hug over the coming months
Goldman Sachs has downgraded its outlook on equities to "neutral" over the next 12 months, saying there's no particular reason to own them.
"Until we...
UAE Stock Markets Top Performers in H1 of 2013
In the first six months of 2013, the Dubai Financial Market (DFM) and Abu Dhabi's Emirates Securities Market (ADX) advanced the most among...
DGCX Traded 1.37 Million Contracts in January, $ 33 Billion
The Dubai Gold and Commodities Exchange, DGCX, has traded an aggregate 1.37 million contracts in January, valued at US$33 billion.
The exchange recorded its highest...
Dubai Gold and Commodities Exchange to launch Sensex futures
Indians living in the Gulf will soon be able to trade the BSE Sensex on the UAE's Dubai Gold and Commodities Exchange, which became...
