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DIFX rebranded NASDAQ Dubai

The Dubai International Financial Exchange (DIFX) has rebranded its market as NASDAQ Dubai DIFX, effective today. NASDAQ OMX Group (Nasdaq:NDAQ), the world's largest exchange...

Kuwait Stock Exchange to resume trading on Monday, 17th November

The court in Kuwait ruled today that the Kuwait Stock Exchange should resume trading on Monday. On November 13, in unprecedental ruling the court ordered...

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...

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...

Foreign investors purchase AED 1.156 billion worth of shares on DFM...

Value of shares bought by institutional investors reaches AED 719.9 million during last week, and value of shares sold reached AED 871.9 million Dubai Financial...

DIFC issues Consultation Paper on Payment Systems Settlement Finality Law

The Dubai International Financial Centre (DIFC) issued a consultation paper on a Payment Systems Settlement Finality (PSSF) law that will help pave the way...

Foreign investors purchase AED 1.392 billion worth of shares on DFM...

Value of shares bought by institutional investors reaches AED 689.4 million during last week, and value of shares sold reached AED 1.135 billion Dubai Financial...

Stocks of great quality are trading at ridiculously low prices

Believe it or not, the battered markets are creating amazing opportunities. Right now, you can make back thousands of dollars - if you have the...

DFM and Citibank sign custody agreement

Dubai Financial Market (DFM) today signed a Depository Participant Agreement (DPA) with Citibank. The agreement will enable Citibank to provide custody of DFM-listed securities...

Financial Crisis for real

Warren Buffet's tenet: "Be fearful when others are greedy... (and vice versa)" While many will say that the Middle East shouldn’t pretend its not happening,...

Emaar Properties announces share buyback programme

Emaar Properties, PJSC, one of the world’s leading property developers, announced today that it will proceed with the implementation of a share buyback programme....

Better day for DFM

The Dubai Financial Market General Index rose 0.9 per cent to 4,511.25 at 12:55 pm, rebounding from its lowest close since October 8. Dubai shares...

Foreigners bought $281.1m shares on DFM last week

Dubai Financial Market said on Friday that the value of shares bought by foreign investors, or non-UAE nationals, during the week  August 31 to...

New Arbitration Law of DIFC

HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has enacted the new Arbitration...

Sovereign Wealth Funds may change direction of investment flows

Restrictions by the United States and others may lead sovereign wealth funds to invest closer to home instead of in the West, the head...

Foreign investors purchase AED 1.117 billion worth of shares on DFM...

Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (17 August- 21...

Foreign investors purchase AED 1.916 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 (03 August -...

Increase in retail sales expected during DSS 2008

Retail trade in Dubai is immensely contributing to further positioning the emirate as one of the world's major commercial centres