Social Affairs Ministry denies converting Arkan shares to social assistance recipients
The Ministry of Social Affairs denied today it has converted ownership of about 100 million shares of Arkan Building Materials Company to 10,000 recipients...
Markets sell-off may evolve into a prolonged scenario
In Monday early trading, European shares fell by their most in nearly three months, hit by a global sell-off in stocks and bonds as...
Dubai shares slump to 7-year low
Dubai’s benchmark index fell to the lowest in almost seven years, as concern political unrest may spread to Saudi Arabia, the Arab world’s largest...
Bitcoin Crosses $41,000 Mark – Industry Reacts
Today, Bitcoin has surged past the $40,000 milestone and is currently experiencing accelerated upward momentum. This $40,000 price level might serve as the new...
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...
UAE moves up rankings in 2012 M and A maturity index
The UAE has moved up six places in just five years to come in 20th in the 2012 M&A Maturity Index. The top three...
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...
U.S. Stocks Jump Most in Year on Europe Loan Package
Bloomberg's Adam Johnson and Dominic Chu report on the performance of the U.S. equity market today. Stocks rallied, with benchmark indexes advancing the most...
Has The Stock Market bottomed out?
Definitely, this is a ''Big Question'' and if you know the answer, you may be well ahead of the game.
Investors and analysts alike are...
Stocks are Undervalued
The summer lows that the U.A.E. markets appear to have set in the past days raise a question: How much support can the market...
ADGM Launches Crypto Asset Regulatory Framework
The new ADGM crypto framework instils proper governance, oversight and transparency over crypto asset activities
Abu Dhabi Global Market (ADGM), the International Financial Centre in...
Nasdaq Dubai Launches Futures On ADX Share Index
Rashed Al Blooshi, Chief Executive of Abu Dhabi Securities Exchange, ADX, and Hamed Ali, Chief Executive of Nasdaq Dubai, rang the ADX market opening...
Dubai shares surge to 5-year high on heavy buying
Dubai shares rose to their highest level in almost five years on Sunday. Retail investors bought heavily into small-caps ahead of the third-quarter earnings...
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.
UAE stock markets outperform world’s top bourses in January
Both UAE's financial markets - Dubai Financial Market and Abi Dhabi Securities Exchange - took the first ranking among global bourses in January 2013....
Dollar gains as central banks stay put
The U.S. dollar rose against major currencies in late New York trading this week, while central banks' decisions to keep monetary policy unchanged disappointed...
Equity Markets To See Increased Volatility on The Back of a...
Global equities rebounded during the week on the back of support from the Central Banks and better than expected economic data. US retail sales...
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...