2013 will see improved IPO activity
After a slow start to 2012, momentum lifted in the second quarter, but significant macroeconomic volatility and changes in political leadership in many parts...
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...
Credit Suisse downgrads Dubai Financial Market
Credit Suisse has downgraded Dubai Financial Market’s rating to Neutral from Outperform while slashing its target price to from Dh2.20 to Dh1.40,...
UAE market regulator will launch draft rules on short-selling
The UAE market regulator SCA will launch draft rules on short-selling "very soon", as a latest step aimed at boosting dwindling trade and helping...
DFM, ADX to close on Thursday
The Securities and Commodities Authority (SCA) has announced the financial markets nationwide will close on Thursday 30th June to mark the anniversary of Isra'a...
Emaar’s new US$ 1 billion financing facility – Testament to financial...
Emaar Properties PJSC has signed a new Islamic and Conventional financing facility amounting to AED 3.6 billion (approx. US$ 1 billion) with Dubai Islamic Bank PJSC, National Bank of Abu Dhabi and Standard Chartered Bank as Mandated Lead Arrangers and Bookrunners.
DME records strong growth in forward trading; record number of participants
Average Daily Volume (ADV) in forward curve up 45% during Q2 versus Q1
Record number of participants trading Oman futures contract in 2019
...
Emirates Securities Markets to implement DVP from April 28
The Emirates Securities and commodities Authority (SCA) has announced that stock markets in the UAE will start operating the Delivery Versus Payment (DVP) service...
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...
GCC markets ended 2015 in red zone due to volatile oil...
Trading activities fell due to negative sentiments over the region
Market capitalization declined 11.4%YoY in 2015
GCC markets close lower in 2015
GCC markets closed lower in...
Goldman Sachs finalizes ADX-DFM merger study
Goldman Sachs has completed a study on the merger of Dubai Financial market (DFM) and Abu Dhabi Securities Exchange (ADX), Al Bayan newspaper reported.
The...
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...
Gold prices broadly expected to weaken next week, but…
Gold prices are expected to weaken in the coming week. This belief is mainly driven by investors concerns about what action the U.S. Federal...
A wake-up call to UAE exchanges
A wave of mega-mergers between the world's major stock exchanges might persuade policymakers in the United Arab Emirates to push ahead with consolidation of...
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...
Foreign investors purchase Dh 1.053 billion worth of shares on DFM...
Dubai Financial Market (DFM) announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (09 November...
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...
Dubai Gold & Commodities Exchange Weekly Market Commentary
The Weekly Market Commentary from DGCX is providing a snapshot of what’s happening in the energy, precious metal and currency futures markets.
In the final...