web analytics
Booking.com

Dubai Investments Q2 profit falls 32 pct

Dubai Investments PJSC (“DI”), the largest investment company listed on the Dubai Financial Market, today announced its financial results for the six-month period ended...

Regional Equity Markets To Remain Under Pressure

Global equity markets performed positively during the week as investors were encouraged by the progress and continued support from the Central Banks. Investors preferred...

UAE’s undervalued markets may have bottomed out

Dubai and Abu Dhabi stock markets hit fresh multi-year lows in January, but analysts now comment that they may finally have bottomed out.

Gulf markets expected to advance during the week

Analysts expect positive week for the Gulf markets, after the Ministerial Council of the Gulf Cooperation Council for the Arab Gulf States decided at...

Lack of Catalysts Dominated Trading Activities across Regional Markets

Lack of catalysts coupled with the summer lull and the approaching Eid break dominated trading activities across the regional markets. Along with the end...

Foreign investors buy Dhs360.5m worth of shares on DFM and sold...

Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (February 1 - February...

Dubai Financial Market General Index down 1.22%

Foreign investors net DFM buyers by AED 12.82 mln Dubai Financial Market General Index (DFMGI) ended Wednesday’s session with a remarkable drop of...

DFMGI ended in the negative territory

Dubai Financial Market General Index (DFMGI) ended in the negative territory for the second consecutive session. It lost as much as 0.71%, or 11.35 points...

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...

Nasdaq Dubai Launches Futures In ADNOC Distribution, Emaar Malls

Nasdaq Dubai launches futures on Abu Dhabi National Oil Company for Distribution, ADNOC Distribution, and Emaar Malls, to enable investors to take positions on...

MENA Equity markets on track for sustained growth

Sustained economic growth expected in GCC economies backed by high oil prices and government spending on infrastructure Saudi Arabia GDP growth for 2011 upgraded while...

DGCX launches Middle East’s First Derivatives Trading Academy

Exchange seeks to extend benefits of derivatives trading to wider business community DGCX Academy to offer broad range of educational programmes Dubai Gold and Commodities Exchange...

Treat sovereign funds equally

Sovereign wealth funds should be treated like any other institutional investor and not have special rules imposed on them, Henry Azzam, head of Deutsche...

BofA Merrill Lynch Fund Manager Survey finds renewed optimism over...

Investors have returned from holidays with a defensive mindset but fresh hopes are emerging about China’s economic prospects, according to the BofA Merrill Lynch...

DFM Launches ‘myAccount’ Electronic Service for Dividends Distribution

As part of its strategy to provide market participants with smart and efficient solutions in line with the leadership’s digital transformation vision, the Dubai...

DGCX to enhance its trading and clearing platform

New platform to provide superior transaction speed, increased reliability and scalability Enhancements designed to attract new institutional, retail and high frequency traders Platform scheduled to go...

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...

DFM Company net profit surges 140% during the first half of...

Dubai Financial Market Company (PJSC) announced its financial results for the first half of the year ending June 30th 2012, recording a net profit...