web analytics

Dubai International Financial Centre Celebrates Ranking as 8th Best Global Financial...

· DIFC Governor presides over the iconic bell ringing ceremony, signalling the start of trading at the region’s international financial exchange · Ceremony reinforces Dubai’s...

Dubai International Financial Centre Receives FinX FinTech Hub of the Year...

The Centre recognised for role in identifying new avenues for facilitating innovation and excellence within the financial technology sector Dynamic and robust FinTech...

DFSA Invites Applications for Its 2020 Regulatory Sandbox ‘Winter Cohort’

The Dubai Financial Services Authority (DFSA) invites applications from local and international firms to apply to join the Winter 2020 Cohort. Successful cohort applicants...

DMCC Unveils New Dubai Diamond Exchange – The Largest Diamond Trading...

DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – today unveiled the redesigned and upgraded...

DFM Launches ‘myAccount’ Electronic Service for Dividends Distribution

As part of its strategy to provide market participants with smart and efficient solutions in line with the leadership’s digital transformation vision, the Dubai...

Trading Activity in Regional Markets to be Influenced by Global Equities

Global equities closed on a positive note for the second consecutive week as investors turned optimistic about the progress made in the US-China trade...

Emirates NBD to increase Foreign Ownership Limit to 40%

Emirates NBD Bank, Emirates NBD, today announced its intention to increase Foreign Ownership Limit, FOL, to 40 percent in the future, and will seek...

Trading activity expected to be largely driven by developments in global...

Global equity markets closed the week on a positive note on the back of growing optimism over a possible trade deal between the US...

Retaliatory tariffs by US, China to dominate trading activity across markets

Global equity markets were mostly positive during the week, making a sharp retreat towards the end of the week. Markets on Friday were negatively...

Global Uncertainties Are Likely to Keep Volatility at Elevated Levels

Last week, global equity markets closed lower for the third consecutive week on concerns over slowing global growth. The downward pressure intensified mid-week on...

Regional markets positive in July; Trading to remain subdued

Global equity recorded one of the worst weekly performances of the year on the back of worries that escalating trade tensions and the rising...

DGCX Records Best Ever Month in its 14-Year History

The Dubai Gold and Commodities Exchange (DGCX) has registered its best ever month in its 14-year history, recording volumes of 2.382 million lots valued...

DME records strong growth in forward trading; record number of participants

Average Daily Volume (ADV) in forward curve up 45% during Q2 versus Q1 Record number of participants trading Oman futures contract in 2019 ...

Equity markets expected to be influenced by more earnings announcements

Global equity markets performed positively during the week on the back of upbeat Q2 2019 earnings and better than expected GDP growth during the...

Regional markets positively influenced by Q2 2019 corporate earnings

Global equity markets closed in negative territory during the week, as they were influenced by corporate earnings and the renewed tensions in US-China trade....

UAE Private Wealth Continues to Soar Amidst Global Decline

Steady gains in global personal wealth slid by more than 5 percentage points in 2018, according to a new report by Boston Consulting Group...

Trading activity expected to be subdued during Ramadan

Global equity markets witnessed mixed performance during the week. The US economy is rebounding after a soft patch. The Fed has decided to keep...

Emaar Malls to distribute Dh1.3b cash dividends to shareholders

The fourth Annual General Meeting (AGM) of Emaar Malls will be held on April 23, 2019, which will discuss the proposal of the board...