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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 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...

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...

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.

Tabreed announces record results

National Central Cooling Company's 2008 Un-audited Preliminary Financial Results are its Strongest to Date National Central Cooling Company PJSC (TABREED), 'Tabreed' the Abu-Dhabi based...

Global Investments Roundup

Exxon profit spills 58%; Motorola posts loss, bleeding cash; FTSE 100 moves 8.1% in April; South Africa cuts interest rate to 8.5%; Flu scare...

Global Investments Roundup

Oil slips 5.4%; India widens Satyam fraud probe; Kirin expanding beverage empire; Citigroup reaffirms commitment to Japan; Italian car maker eyes Chrysler stake; Costa...

MENA Weekly Markets Overview

The political turmoil is Egypt has escalated despite measures being taken by...

DGCX sets new daily volume record

Exchange Trades 21,980 contracts on July 27, valued at US $ 1.033 billion Daily Indian Rupee recorded the highest ever volume of 19,596 contracts on...

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...

Emirates Securities Market Report for the Trading Session of Thursday 06...

The Emirates Securities Market Index has increased by 0.29% to close at 2,695.34 points. Accordingly the Market Capitalization has gained 1.14 Billion AED attaining...

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...

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 Financial Market investor base up 26.48% to 535,563 investor in...

The Dubai Financial Market (DFM), the first regional exchange to go public and the leading Islamic financial market globally, revealed that numbers of investors...

Global Recession Roundup

Deutsche Bank drops $6.3 Billion in 4Q; Work on world’s tallest building delayed; Nortel files for bankruptcy protection; Lehman out of Chap. 11 in...

DFMGI rose 0.99%

Dubai Financial Market General Index (DFMGI) ended today’s session in the positive territory. It added as much as 0.99%, or 15.5 pts to 1578.08,...

UAE bourses in uptrend

In an interview with Radio Mubasher, Hammam Al Shamaa, Economic Consultant at Al-Fajer Securities LLC said that the UAE stock markets would likely undergo...

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...