UAE Stocks To Have 5% Decline Limit Effective Wednesday
The Securities and Commodities Authority (SCA) has imposed a 5 percent daily lower fluctuation limit for shares effective Wednesday, March 18th, and until further...
Regional Investors to Follow Trends in Global Markets, Oil Prices
Global equities closed in negative territory with US stocks closing at a 6-week low, which was mainly driven by weakness in technology stocks and...
Global Financial Markets To Use China’s Recovery As Critical Gauge
Global financial markets will use China’s recovery as a sentiment tracker, affirms Nigel Green as European and Asian-Pacific markets and U.S. futures fell after...
DGCX Gold Futures Trading Volumes Increase
As the COVID-19 pandemic causes volatile swings in markets across the globe, investors are making increasing use of the Dubai Gold & Commodities Exchange...
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...
Abu Dhabi, Dubai Financial Markets Ban Insider Trading
Abu Dhabi and Dubai Financial Markets announced the prohibition period for insider trading at public shareholding companies listed in the UAE capital markets, which...
Market Volatility To Continue In Global Equities
Global equity markets are observing unprecedented times as the coronavirus pandemic has caused significant worldwide economic disruption. The downward pressure continued during the week...
DIFC New Leasing Law To Protect Property Owners, Tenants
New leasing regulation enhances the current real property regime at the world’s 8th ranked international financial centre
Clear robust regulations at the DIFC...
Aldar Reports AED4.4 Billion in 2023 in Net Profit Up 40%...
Aldar announced today that record development sales and expanded investment portfolio drive the company's 2023 net profit up 40% to AED4.4 billion, compared to...
Regional Trading to Depend on Oil Prices Developments
Global equity markets recorded their second consecutive week of gains as investors seem to be encouraged with the progress made towards containing the coronavirus....
Reopening of Global Economies, COVID-19 Developments to Influence Trading Activity
Global equity markets rebounded during the week, with the exception of the US markets. Sentiments were boosted by positive developments in the COVID-19 pandemic...
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...
Kuwait Stock Exchange suspended trading until November 17
The Kuwait Stock Exchange suspended trading after a court ordered its closure to protect investors from further losses, reported Bloomberg.com. The bourse's main...
Emaar Properties Announces a High Dividend; Reports Highest Ever Property Sales
Emaar Properties appoints new Board of Directors to spearhead the company’s growth strategy.
Emaar’s year to date domestic property sales reached over AED 19 billion...
DFMGI dropped 0.63%
Dubai Financial Market General Index (DFMGI) snapped a two-session upturn, dropping 0.63%, or 9.75 points, to 1535.67. The benchmark hit its highest and lowest...
Nasdaq Dubai to list new products, funds in 2013
Hamed Ali, CEO of Nasdaq Dubai, expects a better year for the market in 2013 in terms of new listings and trading volumes, according...
DFM adds 1.58%
Dubai Financial Market General Index (DFMGI) closed Tuesday’s session on an up note, advancing 1.58%, or 24.25 points, to 1559.92, its highest level this...
DFM Index plunges nearly 2.5%
Dubai Financial Market General Index (DFMGI) has slumped 2.47% till today’s mid-trading, with a loss of 38.27 points to 1474.32. Traders comment that this...