Bitcoin’s April Trading Volume 7x Higher than Apple’s
Data acquired and calculated by Finbold indicates that bitcoin's trading volume of $1.84 trillion in April 2021 is at least 7.4 times higher compared to...
Tamweel requests share trading in 1 month
Tamweel has requested the resumption of trading in its shares in the next month and is in discussions with the UAE federal government over...
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...
UAE financial markets close for holiday on Sunday
The UAE financial markets will close on Sunday March 8 to mark the anniversary of Prophet Mohammed (PBUH) birthday, a statement issued today by...
DGCX volumes crosses 300,000 contracts in July 2011
Highest ever monthly volume since inception, with 310,990 contracts traded
Indian Rupee futures cross one million mark in July
Dubai Gold and Commodities Exchange (DGCX) achieved...
DFM voted ‘Best Exchange for Investor Relations’ in the Middle East
Dubai Financial Market (DFM) has been honored with the 'Best Exchange for Investor Relations' in the Middle East award during the inaugural ceremony of...
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...
DGCX to launch Indian Rupee Options Contract in September
The Dubai Gold and Commodities Exchange (DGCX) is set to expand its Indian Rupee (INR) product offering with the launch of an INR Options...
DFMGI maintains uptrend
Dubai Financial Market General Index (DFMGI) maintained Thursday’s uptrend, rising 0.72%, or 11.07 points, to 1545.42. The benchmark hit its highest and lowest levels...
Dubai Mercantile Exchange sets new records in July
The Dubai Mercantile Exchange Limited (DME) announced today that it set two new trading records during the month of July 2011. The exchange not...
Regional stock markets to rebound by the end of May
Stock markets in the GCC have been impacted by the current regional civil unrest in the Arab world, with company valuations discounted compared...
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 stocks gain AED11.5 bn Monday
The UAE's two main bourses secured AED11.5 bn in gains Monday, the highest in months, driven by the realty and banking sectors.
Amidst high sentiments,...
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....
UAE stock markets led regional growth in 2012
The Dubai Financial Market (DFM) was the star performer in the GCC stock markets indexes in 2012, advancing 20%, according to the annual report...
Gulf Stocks Slide Deepens Amid Global Selloff
Stock markets in the petrodollar-dependent Arabian Gulf tumbled Sunday to multimonth lows, spooked by sharply lower oil prices and a global equities selloff over...
BofA Merrill Lynch Fund Manager Survey Finds Renewed Risk Appetite...
Investors are channeling most of their renewed risk appetite into global emerging market equities (GEM) in the wake of an expected second wave of...
Regional Trading Negative despite Global Markets Positive Sentiments
Global equity markets continued the positive trajectory for the second consecutive week as investors turned positive on containment hopes of the new coronavirus. However,...