Dubai, Abu Dhabi lead regional market rally this week
After closing February on a strong note, the first week of March saw buyers doubling down and momentum continuing this current upswing, according to...
DFM announced it will apply three decimal Tick Size system on...
Dubai Financial Market (DFM) announced today it will apply the three decimal Tick Size system only on securities with a market value below AED...
Global Markets Roundup
Bank of China posts 59% 4Q profit drop; Goldman plans to repay TARP money quickly; U.K. Inflation up 3.2% in February; Major Exchanges want...
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...
DGCX to list Copper Futures for Trading
The Dubai Gold and Commodities Exchange (DGCX) will formally launch trading of Copper Futures on Friday, 20th April
Copper is the third most widely used...
DMCC Unveils New Dubai Diamond Exchange – The Largest Diamond Trading...
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – today unveiled the redesigned and upgraded...
UAE quits Single Currency
And then there were four. As we reported on last week's programme, the UAE has pulled out of plans for a Gulf Single Currency....
Dubai Gold and Commodities Exchange names Non-Executive Director
Abdul Wahid Al Ulama named Non-Executive Director of DGCX
The Dubai Gold and Commodities Exchange (DGCX) today announced the appointment of Abdul Wahid Al Ulama...
Coronavirus-triggered Market Correction Could Hit Complacent Investors
Investors remain complacent about an imminent Coronavirus-triggered market correction of up to 10 percent, warns the CEO of one of the world’s largest independent...
Capital markets to close from 2 December for national day
In line with the circular issued by the Federal Authority for Government Human Resources regarding the public holidays on the occasion of the 39th...
DFM lists two Sukuk issues for the Government of Dubai
Dubai Financial Market ( DFM ) announced on Monday the listing of two Sukuk issues for the Government of Dubai with a total value...
Regional equity markets expected to be positively influenced by global markets...
Global equity markets closed the week on a positive note on the back optimism over the progress in trade talks between the US and...
UAE Financial Markets to Close For Eid Al Fitr Holidays
The Securities and Commodities Authority (SCA) announced that the Eid Al Fitr holidays for the financial markets will begin on Wednesday 29th of Ramadan...
DFM still sparkling
Dubai Financial Market General Index (DFMGI) maintained its winning streak for the fourth session in a row, pulling ahead 0.63%, or 9.98 points, to...
Global Financial Markets See Short Term Prosperity; Long-Term Challenges
Recent economic growth and the rise of equity markets suggest optimism for the future of global finance
Brexit negotiations, questions about the dollar...
Regional Markets Remain under Pressure due to Weak Oil Prices
Global equity markets performed positively during the week on the back of encouraging economic data and measures such as slashing tariffs on USD 75...
DFM: Members ready to employ “DvP” Model
Dubai Financial Market (DFM) announced today that its licensed brokers and custodians are ready to employ the newly introduced settlement mechanism “Delivery versus Payment”...
Stock Market Bubble Fears Overblown, Micro-bubbles Are The Issue
Concerns over a large stock market bubble are currently overblown – it’s the micro-bubbles that could pose more imminent risks to investors, warns the...