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...
Declining trading volumes may not be bearish
Stock market volume in recent sessions has begun to decline, just as it does every June as summer begins. Analysts also have started to...
DGCX February volumes rise 17 % year-on-year to reach 210,330 contracts
February volumes on the Dubai Gold and Commodities Exchange (DGCX) grew 17 % year-on-year to reach 210,330 contracts, valued at $10.07 billion. Year-to-date volume...
Most GCC Markets Witness Correction in June
Saudi and Qatar – sole advancers
Trading activity declines in June
GCC markets witnessed some correction in June, following a strong rally in May, reports Global...
SCA Board changes brokers’ regulation
Following a Cabinet approval of the new board set-up, the reconstituted board of the Emirates Securities and Commodities Authority (SCA) has held its first...
DGCX to launch Indian Rupee Options Contract in September
The Dubai Gold and Commodities Exchange (DGCX) is set to expand its Indian Rupee (INR) product offering with the launch of an INR Options...
Stock Market Competition 2014 Kicks Off in UAE
Abu Dhabi University & Abu Dhabi Securities Exchange launches “Stock Market Competition 2014”
Abu Dhabi University’s College of Business Administration has partnered with Abu Dhabi...
UAE Financial Markets to close on December 1
he UAE's financial markets will remain closed on Thursday 1 December 2011 in observance of the new Islamic Hijri year 1433 and the UAE's 40th anniversary of the National Day
US Federal Reserve System Raises Base Interest Rate
The US Federal Reserve System acting as the national central bank has raised the base interest rate by 25 percentage points to 0.5-0.75%, the...
Markets push higher across Asia and Europe
Markets rallied strongly in Asia today morning, as investors jumped into stocks tied to global economic growth. South Korea’s Kospi jumped 3.8%, Australia’s S&P/ASX...
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...
Dubai Financial Market Returns to Profit in 2012
Dubai Financial Market (DFM) returned to the black in 2012 due to the constant improvement in the performance of the banking sector and recovery...
Markets likely to perform on the upside
Saudi shares climbed for a third day on Saturday, led by petrochemical companies and banks, after U.S. stocks posted the biggest weekly rally in...
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...
ADX approves new regulations for trading, clearance and depositing
The board of directors of Abu Dhabi Securities Exchange (ADX) has approved the enforcement of new regulations for its operations including trading, clearance, registering...
Global Investment Roundup
Dow Chemical Posts Steep Loss; Motorola Suspends Dividend, Lowers Forecast; Bank of Japan Buying Local Bank Shares; Automakers Suffer Through Worst Month Since 1982;...
Emaar Malls to distribute Dh1.3b cash dividends to shareholders
The fourth Annual General Meeting (AGM) of Emaar Malls will be held on April 23, 2019, which will discuss the proposal of the board...
Foreign investors purchase AED 511.3 mn 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 (1 - 4 Feb.)...