Dubai Mercantile Exchange announces new trading records
February sees highest monthly trading, best average daily volume and busiest day in exchange’s history
The Dubai Mercantile Exchange (DME), the leading energy futures exchange...
NASDAQ Dubai okays UAE brokerage to trade Internationally
Premier financial services group MENA CORP is pleased to announce it received approval to operate as a broker on NASDAQ Dubai, a step that would enable it to trade and clear securities for clients on the region’s international exchange.
Most GCC Markets Witness Correction in June
Saudi and Qatar – sole advancers
Trading activity declines in June
GCC markets witnessed some correction in June, following a strong rally in May, reports Global...
Dubai Gold & Commodities Exchange Weekly Market Commentary
The Weekly Market Commentary from DGCX is providing a snapshot of what’s happening in the energy, precious metal and currency futures markets.
In the final...
Mubasher’s GCC clients enabled to buy shares before IPO launches
Mubasher offers Middle Eastern investors an exciting new gateway to access shares of fast-growing companies before they go public
Mubasher Financial Services (MFS), one of...
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...
DFM to implement buyer cash compensation for settlement
Dubai Financial Market (DFM) announced that it will implement the new procedures of Buyer Cash Settlement for trades as of May 5th 2013 onwards,...
Markets tumble; Spot the buying opportunities!
Saudi shares dropped 5.5 percent to their lowest close in nearly five months, weighed by petrochemical and banking shares. The market slump followed global...
DGCX Indian Rupee Options Contract available for trading
Dubai Gold and Commodities Exchange’s (DGCX) announced the trading on its newly launched Indian Rupee Options Contract to start from tomorrow (September 26).
The contract...
DGCX sets new daily volume record
Trading on the Dubai Gold and Commodities Exchange (DGCX) surged to a new daily volume high of 19,819 contracts, valued at US $ 967.68...
Nasdaq Dubai to launch bond trading platform
NASDAQ Dubai, the Middle East's international financial exchange, is preparing to open a platform on which investors can trade Sukuk (Islamic bonds) and conventional...
Middle East Finance Professionals Most Stressed Worldwide
Despite relatively steady economic growth, many financial professionals working in the Middle East still experience work-related stress. According to a survey conducted by eFinancialCareers,...
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...
Goldman Sachs finalizes ADX-DFM merger study
Goldman Sachs has completed a study on the merger of Dubai Financial market (DFM) and Abu Dhabi Securities Exchange (ADX), Al Bayan newspaper reported.
The...
Dubai Financial Market Performance in February 2013
The Dubai Financial Market General Index rose 2.1% to 1927.1 points at the end of February compared to 1887.6 points at the end of...
UAE bourse emerges star Arab performer
The UAE bourses emerged as the star performers in the Arab world in the first few weeks of 2013, with the markets of Abu...
Damas to delist from Nasdaq Dubai June 12th
Damas International announced that it will delist shares from Nasdaq Dubai as of June 12th, on the back of the joint bid submitted by...
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...