Correlation between UAE’s and global equity markets remains positive
Average correlation of Abu Dhabi and Dubai markets with the global markets remains positive during the years of a financial downturn.
The UAE equity markets...
Economic uncertainties fade, data drives global markets
Investors seek a haven from Europe's debt crisis and the prospect of weakening currencies
Euro strengthens to two-week high after Spain seeks bailout fund
The...
Uncertainty drives US Dollar higher
Situation in the US remains relatively better than the European
Markets continue to show deep concerns over a potential shock from Greece exiting the Euro...
Gold, Rupee trading drives DGCX daily volumes record
Exchange trades 51,943 contracts on May 16, valued at US $ 1.98 billion
Driven by an increase in Indian Rupee and Gold futures trading, the...
Facebook IPO live, traded at $42.05 up over 10%
Facebook IPO started trading in New York with approximately 25 minutes delay today
Opening Facebook trade was expected at US $42, with 65 million shares...
Damas to delist from Nasdaq Dubai June 12th
Damas International announced that it will delist shares from Nasdaq Dubai as of June 12th, on the back of the joint bid submitted by...
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...
DFM Annual Stock Game inaugurated
Dubai Financial Market (DFM) has announced the inauguration of the 10th Annual Stock Game, the most popular educational initiative amongst school and university students...
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...
Fresh IPO concepts to hit Financial Markets
Goldman Sachs gave equities a ringing endorsement, saying the asset class is poised to deliver better returns than bonds over the next few years....
FTSE NASDAQ Dubai UAE 20 Index rises 23% on higher share
The FTSE NASDAQ Dubai UAE 20 share index extended its run of recent gains last week to close 23.3% higher than at the end...
Dubai Financial Market General Index up by 20.5 percent
The Dubai Financial Market General Index increased by 20.5 percent to 1730.4 points at the end of February compared to 1435.7 points at the...
Dubai Mercantile Exchange announces new trading records
February sees highest monthly trading, best average daily volume and busiest day in exchange’s history
The Dubai Mercantile Exchange (DME), the leading energy futures exchange...
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...
Dubai Mercantile Exchange gets support from existing Investors
Global derivatives marketplace CME Group and Oman Investment Fund, a sovereign wealth fund of the Sultanate of Oman, will increase their investments in the...
UAE ranked second top frontier market on Bloomberg Markets
According to the results of Bloomberg Markets’ first ranking of the most-promising emerging and frontier markets for investors, the United Arab Emirates ranked second...
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.
DGCX 2011 annual volumes rise 110%
Annual volumes for 2011 on the Dubai Gold and Commodities Exchange (DGCX) registered a substantial growth of 110% from 2010 to reach 4,044,138 contracts, the highest ever annual volumes achieved by the Exchange since inception.