Credit Suisse downgrads Dubai Financial Market
Credit Suisse has downgraded Dubai Financial Market’s rating to Neutral from Outperform while slashing its target price to from Dh2.20 to Dh1.40,...
Foreign investors purchase AED 541.3 million worth of shares on DFM...
Value of shares bought by institutional investors reaches AED 304.8 million during last week, and value of shares sold reached AED 349 million
Dubai Financial...
Double taxation agreement between UAE and Saudi Arabia comes into effect
The agreement enhances integration and cooperation frameworks in tax matters, and consolidation of financial, economic and investment partnership between the two countries
It...
NASDAQ OMX Prices $370 Million Senior Notes Offering
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that it priced an underwritten public offering of $370 million aggregate principal amount of 5.250% Senior...
Foreign investors purchase AED 728.7 million worth of shares on DFM...
Value of shares bought by institutional investors reaches AED 354.5 million during last week, and value of shares sold reached AED 455.1...
DIFC revises cost of doing business to stimulate further expansion and...
The Dubai International Financial Centre ("DIFC"), the financial and business gateway between the Middle East, Africa and South Asia region ("MEASA") and the world,...
DIFC Courts introduced fully paperless infrastructure
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DIFC Courts, the Dubai International Financial Centre's (DIFC) independent, common law judicial system, on Wednesday said it introduced a new, groundbreaking, fully paperless...
Know your ETF risk
ETFs are designed to track indexes, sectors, or a basket of assets such as commodities, stocks, or bonds. ETF fund managers deploy strategies to...
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...
RBS Coutts furthers NRI initiative in the Middle East with key...
RBS Coutts, the international private banking arm of the Royal Bank of Scotland Group, today announced the appointment of Santosh Keni as Head of...
GFH announces the appointment of executive Chairman and new capital program
Gulf Finance House B.S.C. (GFH) today announced the appointment of Esam Janahi as Executive Chairman and the launch of a new capital program.
Following...
UAE Minister of Economy discusses steps to strengthen bilateral relations with...
His Excellency Sultan Bin Saeed Al Mansouri, the UAE Minister of Economy, and His Excellency Christian Bokhman, the Austrian Minister of Economy and...
Emaar statement regarding expiration of share buyback programme
In line with relevant regulations and the Securities & Commodities Authority’s notification posted on the Dubai Financial Market today (December 24, 2008), the period...
UAE Ministry of Finance organizes a Train-the-Trainers Course
In a step that aims at developing the skills of the Ministry of Finance’s trainers and HR personnel, the Ministry partnered with...
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...
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...
Evolvence Capital launches third India focused fund at USD 400 million
Dubai-based alternative investment firm reiterates commitment to continued growth in India
Evolvence India Fund II to focus on diversified...
A wake-up call to UAE exchanges
A wave of mega-mergers between the world's major stock exchanges might persuade policymakers in the United Arab Emirates to push ahead with consolidation of...